Let's look at the short list of what to do before you grab for the ring.
1. Do some research to find out about your timing. What this means is, are you at the starting point of the rollout for this product or service or have you jumped on in the middle? Unfortunately, many jump on for a ride when the product or service has run out of steam, most often due to saturation of ads in the marketplace. Sound familiar?
2. Find yourself a good resource for early release and product introduction sites and newsletters or newsgroups where such discussions are the topic. You want to be in on the startup period.
3. Plan your strategy for maximum exposure of your product or service. Think out of the box when it comes to marketing. For example, is this a product that would be more attractive young people, seniors, women, men, a particular ethnic group? If so, Google the segment of the market you're targeting and find a way to reach them directly.
4. Write an article and submit it to an article site for exposure. Your message should look and read like a review. By writing about your produce with a news slant you can create more interest and generate more sales.
Feel free to email me with your questions if you've not tried this strategy before. I'll be happy to review your product and provide some free consultation.
When it's said and done, there is a never ending stream of business opportunities entering the market place on a daily basis. Your challenge is to find something with potential.
This is no easy task, however, if you get a stirring in the pit of your stomach when you see a product for the first time you may have found yourself a winner.
Stretch yourself and go for it, but start with a written plan of action. I've had a few winners from left field that no one would have thought would make a dime.
It's all about the presentation and your timing. Do your research and watch your timing. Even a fantastic product at a perfect price won't make you any money if you jump into the market after the product has started cooling off.
