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Old May 19, 2007, 08:49 PM
MichaelRoss
 
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Default Finding what people are buying

Michael,

Thanks for showing the vein of Gold.

1: Find what people are searching for; what people are buying; what Someone Else is already making money from.

2: Sell via the web.

3. Sell it with better marketing, lower prices, faster delivery, additional bonuses - or - offer a Better Version for the same or less money (maybe even a version you have made in India or Pakistan like my example showed or made locally).

4. Use a fulfillment company to Handle The Orders. Like dropshipping.

5. If lack of funds prevents you from starting, then Save money from Job or other Part Time Small Potatoes ventures until funds are enough to start (don't let lack of funds stop you). Step by wonderful step. GROWING the business.

So this Could enable you to MAL from anywhere. Meaning, there is no restriction on where you live to work this. And I assume, also, that general Marketing would include OFFLINE as well as on. Because, afterall, you are competing with all the other people who are selling it online so going Offline could give you an edge, right?

One method of finding what people are buying, or others are making money from, is to do a search and take note of the Google Ads. Then a couple of months later do the same search and see if the same people are still advertising. If they are, it could mean they are making money from it and it is a viable market.

Any other Methods or Thoughts you would care to share for Discovering what people are searching for or actually buying.

What I like about your steps is, because it's already being searched for and bought, there is Little Risk to get into it. There is still risk, but with a sea of buyers is it reduced. And what you advocate is slow steady progress not get rich quick hype, even though the end result would be the same as what is hyped.

Good stuff Mike.

Michael Ross
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