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How To Research The Profit Potential Of Any Niche, Using Free Online Tools
Wednesday, October 10, 2007
How To Research The Profit Potential Of Any Niche, Using Free Online Tools

When selling a product, a lot of people make the mistake of developing their product first, and then trying to find a market for it. Of course, the process should be reversed. Find a market first that spends money, then find out what
they want and give it to them.

It is certainly easier said than done, but there are a lot of places online where you can do your market research for free. They've done most of the work for you already. You just need to know where to go and what to do to connect all
the dots.

Let me show you the process I go through when I'm trying to brainstorm for ideas.

For starters, I'm always aware of trends and current events in the real world. I read several newspapers each day, many magazines, both general and niche-specific, I watch the news, I listen to the radio. Occasionally something that I hear or read will stick with me. I may record my thoughts on my portable voice recorder, jot down some notes, whatever happens to be convenient for me. Sometimes I'll call my office voice mail and leave myself a message.

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posted by Kawai @ 6:06 PM  

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