Your Target Market
This is crucial when it comes to people searching to make money online, they mostly make money from buying products and then learning from them to make money for them self.
Now there are 3 different types of people that are in the make money market “your target market”
1. Total Beginners – these people are brand new to the Internet and are fresh to Internet marketing or trying to make their first dollar online. These are the people with emotional triggers that get them exited thinking that they can leave there day job if they buy your product, because you are going to show them how to make money online, and answer there nightmare of quitting their jobs for them.
2. Semi Experienced – these are the people that have a little bit of money but they jump from new product to new product. (This might be you) these people have a lot of knowledge but don’t apply it. Also these people have a high refund rate, because most of them already know that particular idea or know that information already so they are going to want their money bag plain and simple.
3. Pros – These are the players in the game that are already making lots of money online. They know how to make money on the Internet, and are pretty focused and set in their ways. These people won’t be interested in buying your product unless it is something completely brand new to them, or it benefits them in their business. The problem with these pros is that they more interested in services that can help them in their business, not in products there self. software is a more investment for them if it can grow there business faster.
So when coming up with your next product idea. think of the type of product that you are going to create to your target market, is it going to relate to the beginners, the advanced people, or all areas so that no matter what experience they have they will find something new and benefit with your product.knowing this tiny appected of your product is going to reduce refunds rate, and make you more money in the process.
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Tagged internet business, market, your target maket
Apr 24, 2009
John Taylor
Great blog. Do you know of any relevant marketing forums or discussion groups?
Apr 24, 2009
Daniel Howard
Hi John
If your in the internet marketing niche, then the Warrior Forum is the No1 forum, for JV partners, and social group discussions.
Regards
Daniel Howard
Apr 30, 2009
companies. make money
Good article! will definitely come back again!!
May 15, 2009
James
Hi Dan
Great post, I really looked at it like this before, this very interesting to see what demands you product is for.
i taken a not about this, very useful for my next product.
James
May 18, 2009
Daniel Howard
Hi James
Thank you for your kind comments, before you plan and work on your next product or service, think about who is your target market for your product. And you will have a better understanding of your product to go to market when you come to launch it…
Daniel Howard
Jul 2, 2009
John1259
Very nice site! thank you fro the content
Jul 2, 2009
John
Very nice site!