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Empower It Forward
Empower It Forward ---------------------------------------- Now here's a suggestion for using this Pay It Forward action plan to start or expand your Empowerism business: Invite people to take a look at your Empowerism website and then: -give...
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You have undoubtedly heard a plethora of advice when you mentioned you were considering buying a home. Everyone probably had an opinion, they always do. Some very well intended people probably gave you the worst advice you could possibly have...
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In today’s unpredictable global economy, you obviously never know what is going to happen next. Uncertainties and concerns regarding the Iraqi threat, North Korean crisis, and hidden terrorist cells and networks continue to loom in the...
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“Where did it go? It was here yesterday. Wait. Here it is. But it looks a lot like the draft I just sent my team members yesterday. I don’t remember when this change was made. Who made this change? Why is document tracking so difficult?” We have...
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It seems everyone these days is talking about blogging. Everywhere I go, I find articles and forums devoted to this craze. I also have heard from many moms who are trying to figure out what a blog is and how they can use one to their benefit. The...
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How Niches Build Internet Wealth
Are you in a me-to business? Are you selling a me-to product? Are you wasting your money on me-to ads? Then you're not alone. It's been estimated that over 98% of Internet businesses fail each year not because of poor management, not enough capital, or poor market conditions, they fail because they have a weak niche - or no niche at all.
By following the advice in this article you'll never again be afraid of competition, or be forced to try dozens of others money-making plans, tapes or books that succeed at nothing but separating you from your hard earned money.
Today we'll talk about the principle of addition. If you'll take the time to master the principle of addition you'll never again have to worry about lack of capital, experience or any other excuse for not succeeding.
There are over 14 principles for creating a strong wealth-attracting niche, but for lack of space, we'll discuss the principle of addition now and save the other principles for later issues.
You can walk down the isle of your local supermarket and see the principle of addition in action. The words, more, extra, enriched, thicker, richer, and other like words are small examples of the principle of addition. Most successful products and services use the principle of addition to create solid niches. Its also the most widely used and easiest to apply.
Can you think of any positive features you can add to your product or service to make it better for your target market? Don't worry, by the end of this article you will.
Think about it, just a simple addition to your product or service can instantly separate you from the heard. A simple addition can help you attract more customers and keep your competitors from stealing your old ones. Sound good so far? Read on.
Your assignment (if you choose to accept it) is to find ways you can apply the principle of addition to your business, service, or product.
People
respond to products and services with added features and extra benefits don't you? In fact, many have used this principle alone to create a whole new industry or product line.
If you can find ways to add something to your product or service, you could attract a whole new market. By adding something, you could also strengthen the loyalty of your established customers.
Here are 5 Keys To Creating A Niche Using The Principle Of Addition:
1. Just taking the time to ask this simple question will work wonders for your business, and give you another special niche. The key question to ask is "if they liked ______, would they like MORE of it?"
2. People are always pleased with more of what benefits them. Right? What you need to find out is what do your customers want more of? And how much are they willing to pay for it?
3. For the next week notice the products and services that have been successful for at least 10 years. You'll find the principle of addition being used. New products are being added to their lines, new features, new ingredients, new benefits, even new locations are being added. Your eyes will be opened.
4. It's harder for a customer to get tired or bored with a business, product or, service that appear to always be growing in benefits. You tend to think, "What will they come up with next?" So, wake up in the morning thinking what can I add to my business, service, or product to make it better today?
5. And finally, as a reminder when applying the principle of addition, always start slow and test your new ideas with your customers. They'll tell you if your idea is good or bad, if you will just observe and seek customer feedback.
Yes, a simple additional service, benefit, or feature could give you the niche your competitors could find hard to beat.
About the Author
To learn more ways to "create niches that attract wealth" go to: www.booklocker.com/books/1015.html
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