There are rules in everything that we do. We are structured beings, and we thrive off of organization and protocols. In your home business, it’s all the same. There are home based business rules that every networker should embrace, and here we are going to detail four major rules for success.These are the 4 home based business rules:1) Don’t just get feedback; use itThis is similar to a previous post that I discussed about the importance of customer testimonials. Feedback is something that can be a great asset to your business no matter if it is negative or positive. What people don’t realize is that when it comes to home based business rules, the idea of feedback expands more than just testimonials.As far as home based business rules are concerned with feedback, a common complaint that most people voice is that they are always asked the question if their business is a pyramid or they get associated with “one of those things.” They are looking for the golden answer, but there really is none. You just need to ask more questions and dig deeper to solve that riddle.But the point is that if every prospect you are talking to is asking you that question, then it’s something you are saying or purporting. Feedback is not always voiced; sometimes you need to self-evaluate and find the non-verbal cues. Once you understand how to pick up the non-verbal and verbal feedback, you need to learn from it and adjust your approach.2) Not every part of your business is sacredThis is important amongst home based business rules. Some people get too hung up on thinking that their products are superior to everyone else, and that nothing can touch them. Or their business has so many products that they think that every one of them is amazing. There are two flaws in that thought process.One is that if your product is so unique and wonderful, someone is going to make something that is less expensive or better. The second is that if you have a vast range of products, chances are that not every single one is going to be top tier. What’s worse is that some people get the notion that they have to excel at everything, and thus become lifelong students trying to be experts in every facet.You are in this business to make money, so the key is to simplify. Not every facet of your business is sacred, which means that you need to focus on one skill, one or two products, and one specialty. Focus, hone, and craft that skill in to money. Then, when you are making money, you can decide to add-on another skill or specialty to diversify.3) Technology + Marketing = Unstoppable DuoThis is the rule of all home based business rules. If you cannot embrace all 4 of the rules I’m discussing, then at least learn to become a professional at this one. Why? Because this is the formula for instant and prolonged success.I’ve always found it funny how offline marketers chastise internet marketers because they say that they are wasting their time online doing nothing. But what they don’t realize is that the ones that get it, and understand the power of internet leverage, learn to build their businesses faster. What’s easier: talking to 50 people a day or sending out a targeted solo ad to collect 50 opt-ins with just a few minutes time? The odds of success are about the same; the difference is time spent.Marketing offline and online should be utilized hand-in-hand, and coupled with the leverage of technology so that your lists get built faster, with less manual labor, and you get your message across more channels. 4) Don’t forget home based business rules 1-3It’s cliche, but it’s true. The downfall of most network marketers is the inability to duplicate, or create a repetition of successive action to create a sustained momentum. Most people are able to fly high off one big decisive action that produces massive results, but cannot re-create that same result. The outcome is that they fizzle out, like 90-95% of the network marketing populace.Thus, rule #4 is simple: figure out what worked in #1-3, and make it happen again. And when you have found the systemized protocol, hold on to it and spread it throughout your organization.While these home based business rules seem overly simple to the trained eye, they are specific representations of the pillars that require discipline in our craft of network marketing to be successful. Most people fail in this business because they are unable to heed one or all of the rules mentioned above. But that’s not you, because you’re here and reading this article. Therefore, you’re going to go out and ensure that the past failures don’t affect you.Arm yourself with this knowledge and proceed on in to the fight for your future.Was this article insightful? Is your business adhering to these 4 simple home based business rules? Do you have another rule that you would like to share? Comment below!
Home Based Business Rules That Every Network Marketer Should Embrace
How To Succeed At Online Product Creation The Easy Way
Product creation could be a frightening subject for a lot of Internet marketers to face. Some folks who get in the game with the intention of making a full time income are completely ignorant as to how an online business operates. One of the most profitable ways to create online cash is by creating a product that others are happy to pay for.
Product creation is legitimate method of generating money through internet marketing but many entrepreneurs get it wrong. They start by imitating their Internet marketing gurus by creating information products on Internet marketing in hopes of getting rich the way their heroes did. The problem is that they usually don’t know what they are doing and enter a highly competitive niche with very little marketing experience or connections.
Here are a few tips for effective product creation that may help you get on the right track:
Start by finding a profitable niche with low to moderate competition. If you conduct some rudimentary market research and keyword research, you’ll find many opportunities in areas that will surprise you. Amazon and eBay are two great places to brainstorm for product ideas.
Developing Your Product does not have to be a difficult project. You can find experts in the right field for your niche and pay them to write the material while an artist designs the packaging and website or blog. You can outsource the entire product creation part of the project after you conduct the research and testing to ensure profitability.
Sales and marketing strategies should be created while developing the product and learning about the market. Some experienced marketers use pay per click to drive traffic to their offer page; some folks outsource the entire marketing campaign to affiliates through ClickBank or other affiliate programs.
Product creation does not need to be hard, particularly when the merchandise is electronic. E-books, videos, audio and multi-media products sell very well. They are distributed immediately to customers electronically. Once you have a good feel for a niche market, try to service your customers with associated products and upgrades. If you want to earn money online through product creation, you must understand supply and demand. The majority of new online marketers fail miserably because they go after highly competitive markets or forget to research their chosen niche properly. You have to create your products according to the needs, wants and desires of the prospective customers.
A Simple Product Creation and Product Launching Formula
If you tried to think of people involved in product creation, who would come to mind? You may think of Edison, Franklin, or maybe Henry Ford. Would you ever think of yourself as someone who can create a quality product? Product creation is actually relatively easy and product launching is not that tough either! If you follow a few easy to understand steps, you could be starting the product creation and product launching process sooner than you think.
The first step in creating your information product is to know and understand your market. This can be very time-consuming, especially if you are unsure of what to do or where to look to know your market. Studying your niche market and understanding the buzz words and buying patterns can ease the process dramatically. Personally, I would recommend networking with someone who has had success in the niche market you are considering and learn from their results. If they are into product creation and not very business savvy expect some hesitation. If they only sell products and have nothing to do with product launching or product creation you may your first affiliate (sales person)! Something else you can use to find hot trends is with the Google Trends tool.
The second step is the product creation process. Take your niche market and brainstorm ideas and topics relating to it. There are a lot of product launching contests going on recently relating to a newly created internet marketing tool. There are so many aspects to the mentioned niche that literally, and unfortunately, anything can be considered an Internet Marketing tool. The reason that anyone can basically create an Internet Marketing tool is because of something called Private Label Rights products.
What I use private label rights products for, and highly recommend them in this specific manner, is to cure writer’s block especially when it is lingering. Many people base their entire product creation and product launching on a private label rights product. This is where you can start to shine and build a strong brand for yourself. If you set goals for yourself, short-term goals to be exact, you can see your product creation come into being much faster and there is a good chance with less revision needed. If you keep hitting time restraint road blocks; however there is nothing wrong with a slow and steady approach, you can consider outsourcing portions of your project. Outsourcing can be an extremely huge benefit or just as great of a disaster.
You can find someone to outsource work to at a freelance site such as Guru.com or eLance.com. When reviewing proposals it is almost mandatory you perform a background check on them as you are in essence hiring them. Doing a background check on freelancers is as easy as asking for samples of their work and reviewing feedback on the freelance site from previous customers. Depending on the size and requirements of your project this can add up to a decent sized investment, so caution is very important. One tip I always recommend to people looking to hire an individual is to ask them what they can provide you that no one else can. This simple question gives them a chance to “toot their own horn” and acknowledge where they feel most competent as far as their skill set.
The final portion of the product creation and product launching formula is the launch. This can literally make or break the effort, time, and maybe (if you invested) money you put in to your project. There are numerous aspects to product launching and although their relevance is debated in terms to their effect, experts agree all must be followed. The person in your field who you asked for product advice from can help you substantially if you have kept in touch. If not, the first thing you need to do is to create a visually appealing website with flawless design work.
I also mentioned outsourcing before, this is one aspect of product launching I have little strength in and I always outsource this portion. The website does not have to be large however the content (ad copy in Internet Marketing) must be stellar and as perfect as possible. This is where advertising knowledge or experience is beneficial. When the site is set up you now put a lead capture form on your website.
I put two lead capture pages on all products I create on the internet and is one of the best methods of getting a solid start when you are in the product launching stage. When you gain information from a prospect or someone looking to get paid for referring sales you are able to provide them updates or specials. Many people abuse their prospect or affiliate lists by in turn emailing them with a new product daily and I find the recommendations to be totally unrelated to their original need, problem, or interest.
Another stage in the product launching stage is creating a free report or demo version of your product to entice the product to sign up to your email list. Using proper follow up with this can help generate numerous sales for you. One thing you need to ensure is that your free product completely relates to your main product that you are looking to sell.
You are now ready to advertise your product launching to customers as well as the opportunity to sell for affiliates. This is the single aspect that many product creations and launches fail on. It is actually not entirely difficult. One thing you can do is write articles (and a good amount of them) on topics relating to your product. I am a huge advocate of giving a solution in forums. When you join a forum you are normally offered the opportunity to create a signature. In your signature, you should enter the link to your opt-in or lead capture page. When you respond to posts, you are advertising your opportunity.
It is not impossible to create a product and it does not have to take a long time. You need to setup a plan and stick to it. If you get stuck, look at similar and successful products to your own and try and see how they did it. When you sit down and brainstorm you will be surprised with what you can imagine.