One of the biggest challenges for e-commerce entrepreneurs is figuring out what products to actually sell online. A huge part of the success of any e-commerce business hinges on the right choice of products. You need to choose the right products if you want to succeed online. There are several ways of choosing products to sell. You can sell products that you have created, … [Read more...] about How to Find the Hottest and Trending Products to Sell Online
How to Market Products
How Virtual Reality Can Be Used in Marketing a Business
Virtual reality has long been the product of science fiction junkies. It’s a giant leap that video game and movie fans have been dreaming of since they were children. After decades of dreaming virtual reality devices (like the Oculus Rift and Google Cardboard) are being sold to the modern consumer. This is a major leap for mankind. In the last ten years many bigger … [Read more...] about How Virtual Reality Can Be Used in Marketing a Business
Protecting Your Business From Substitutes: Strategic Alliances
Let's pretend that you want to buy a Ford vehicle, but General Motors wants your business instead. So they may imitate Ford, by copying or augmenting certain features of their vehicles to be comparable. This is called an imitation product. Then there is the company that wants to sell you a road bike as a form of transportation and get rid of automobiles all together. This would … [Read more...] about Protecting Your Business From Substitutes: Strategic Alliances
Does Your Product Have Repetitive Value?
How often does your customer need to buy your products? Is it something that they need only once, never to buy again? Or are your products something that customers will buy again and again? For many types of products, the fastest way the business can reach its volume targets and increase sales is for the product or service to be needed over and over again. This is how the … [Read more...] about Does Your Product Have Repetitive Value?
How to Earn Money from Your Product
Did you develop a new game or software? Did you invent a new unique product? Developing the idea and creating the product are the first steps. The next question to ask then is: How do you earn from a product that you developed or created? In order to realize the full earning potential of your product, you will have to provide your business with financial support, to properly … [Read more...] about How to Earn Money from Your Product