Good Information Articles

How Honda Screwed Up The Internet Marketer?s Logic And How You Can Avoid It!

Maybe it was Soichiro Honda (founder of Honda) who screwed up the internet marketer?s logic when he proudly stated:

"We do not make something because of demand, IF the market is there. With our technology, we can create demand, we can create the market."

That?s a great statement if you have hundreds of millions of dollars to burn on developing a product and then seeing if there is a demand in the market. But just in case you are not at that financial level yet, try out this lower cost option that is very profitable.

The truth is that if you go crazy spending a fortune to develop a spectacular new gadget that you (and only you) think is going to sell like crazy and then figure out that the market doesn?t want it, you are left with a great product and an empty bank account.

Although a few people do get lucky, you should first rely on what?s proven to work for the majority of the people rather than the tiny few. That?s only logical.

Let?s say that you were obsessed with the idea of developing a gadget that gives you the ability to make a stone skip 20 times on a lake; you may enjoy it immensely because you love to watch a stone skim the surface of the water.

However, just because you like the idea doesn?t mean anybody else would like it. You may find one or two weirdoes in the country that would buy your gadget. But I haven?t seen any magazines, news articles, or online discussion forums that express any demand for such a product.

My friend who makes a living with his internet business on E-Bay recently invested $20,000 on antibacterial shoes. He was so enthusiastic about them and selfishly thought that just because he liked them, then so will everyone else.

He didn?t do any market research about the demand of these shoes, but he had no doubt in his mind of his upcoming success with these shoes because he absolutely LOVED them.

Then reality hit, nobody was buying and he lost big money. But he was still enthusiastic about the shoes because (I assume) he no longer had yellow foot fungus and his feet must have smelled great!

Totally ignoring the market again, my friend still had his selfish point of view and shockingly reinvested yet another $20,000 to go at it again! After all, it?s a great product and everyone should want them!

Yeah the people should want it, but they didn?t buy it! And, as you have already guessed, my friend lost lots of money again.

Your passion for your product should NEVER blind you to what the market is telling you!

To put it simply, you won?t make any money with your internet marketing business if only you (and nobody else) thinks that your product is a genius idea! Notice that you are not an internet business or an online business.

We are working on an internet MARKETING business.

First, you must figure what people are obsessing over. Find a ?starving crowd? for your product. This is your market.

Second, decide on your product since now you know that you have a product that a big enough group of people want.

Third, sell it to them.

Fourth, collect the cash!

To be successful in your internet MARKETING business, concentrate on what the market is telling you and give it to them again and again. From this day forward, if you want to make money with internet marketing, your passion for your product should always come last to what the market actually wants!

Alan Quan is a certified Internet Coaching Empire coach and specializes in helping people build their own successful internet marketing business. Visit his website at http://e-bizcoachalan.com/success.htm and find out how he can help you to quickly accomplish your goals and boost your internet profits.

Other Article Sites

findabook.com  moneycd.info  a-mortgage.info   about-lemon-laws.info  aboutstudentloans.info
all-about-publishing.info  auctions-articles.info  bestcollege-university.com  bestispconnection.com
biblefolder.com  blogger-website.com  books-used.info  brokers-guide.info  buywindows.info  cable-dsl.info
career-miner.com  carpel-tunnel.info  cashinaflash.info  cashloanreviews.info  casinobell.com  chat-house.info
clearmycredit.info  collegeloantips.info  crones.info  depression-articles.info   dirnic.net  dishguides.info
divers-below.com  expodog.info   financewizz.com  fire-insurance.info  getgood.info  handleit.net   it-idea.info
health-supplies.info  hosting-right.com  insidealert.com  insurance-facts.info  jobs-employment.info
justgood.info  lookgold.net   lowcost-travel.info  money-source.info  myhostzone.info  numisblog.com
peoplesearchfinder.info  pr-articles.info  realeas.com   refinancing-guides.info  spyware-remove.info
telelot.info  the-law.info   toppaid.info  travel-deals.info  travelcorrect.com  wedding-guide-site.com
your-blog.info  your-credit.info

MORE ARTICLES:

Work At Home Internet Home Business Opportunity
There are various opportunities for work at home Internet home business opportunities on the Internet Because of the Internet, there are many opportunities for people to be able to take care of their families and work from home and as well

Travel Insurance When Pregnant Or Traveling With Children
There was a time when pregnant women would avoid traveling altogether, but these days women don't let pregnancy stop them from going abroad and having fun. Only you can decide whether the pros outweigh the cons when travelling while pregnant or with small children.

Families Mourning Children Travel to Nashville for July Compassionate Friends National Conference
The Compassionate Friends self-help support organization for families going through the natural grieving process following the death of a child is hosting its 31st national conference July 18-20 in Nashville, Tennessee. More than 1300 parents, siblings, and grandparents, as well as professionals who provide support, are expected to attend the conference. Highlights include well-known speakers, more than 100 workshops covering most aspects of grief following the death, a pre-conference Professional Outreach Day, and the Walk to Remember Sunday July 20 at 8 a.m. This conference is annually the largest in the United States aimed specifically for those left behind following the death of a child.

Home Internet Business Opportunities: Reinvent Your Family
Think about your daily job, daily responsibilities, time spent at meetings, driving your kids to this activity and that sporting event, meal planning and preparation, house cleaning, on and on with our grossly busy lives, and what time is left for our family? Do you really think that 9-5 JOB is the answer to all of our hopes and dreams? Do you really think it was our personal goal to spend the majority of our lives at work? When was the last time you saw your son/daughter play in that school volleyball game or run in their cross country meet? Isn?t it time to put your family first?

Work From Home - Online Resource Center for Home Based Online Jobs and Internet Based Business
Welcome to Work from Home?s ?an online guide and resource website to help you Start and grow your Home based Job and Business. Please note that we are only offering information on Work from Home Jobs and Business opportunities. We are not offering you a job or a business tie-up. Please read through the website as you will find valuable information and resources to start and grow your home based business. www.homebasedonlinejobs.com

Family Circus - Make Time For Family With An Internet Business
Sometimes, it seems like you don?t have a full 24 hours in a day. Between work, family, and sleep, there is no time for anything else. You never seem to have five minutes to relax, and on days when work requires overtime, you lose time with your family. In fact, it seems you never spend quality time with your children anymore. One way to get your life back under your control and manage time better is to start your own internet business. With an online business opportunity, you can decrease your work hours overall, as well as become more flexible and available for your family.

Low-Income Families in Portland Will Soon Have Free Broadband Internet at Home
Cricket Will Provide Free High-Speed Wireless Internet to 100 Portland Families in Pilot Program with One Economy

Business & Family Safety and Health Rating
For good reason, practically every endeavor in life is rated. I've seen ratings on who or what's #1 in business, industry, NFL, NBA, MLB, person of the century, athlete of the century, technology, restaurants, university, neighborhoods, travel destination, best looking, best movie, best book, etc.

The Best Internet Connection For A Top Home Internet Business
When it comes to working at your home business one of the most important things you will need is internet access Having a fast and relatively error free Internet connection is imperative for a person to be successful in working at home

Online Magazine is Home to the Best Travel Writing on the Internet
For the second year in a row, SoGoNow.com is the home to the best travel article written for the internet as judged by the North American Travel Journalist's Association.

SoGoNow.com -- Home of the Best Travel Article Written for the Internet in 2006
SoGoNow.com travel magazine announced that frequent contributor Linda Fasteson has won First Prize for the Best Travel Article Written for the Internet from The North American Travel Journalist Association.

New Home Based Travel Businesses and Training Available for Retirees and Work-At-Home Parents
Affordable training is now being offered for those wishing to set up their own home based travel businesses. Program offers participants everything they need to get started quickly and affordably in this exciting market.

Internet Marketing Business - Your Home Based Internet Marketing Business and the Freedom Attached with it
There are various reasons why there are many individuals who want to start their own home-based Internet marketing business. Some are saying that the amount of money that they are earning from Internet marketing is higher compared to their monthly salary from their regular work. It even comes to a point that they are earning money similar to or more than the salary of their managers and department heads! This is relatively true, since there are Internet marketers who are earning as much as a hundred thousands of dollars within a month.

Children's Home Society & Family Services Receives Reaccreditation to Once Again Facilitate Adoptions in Russia
Children's Home Society & Family Services, a Minnesota-based international adoption service provider, announced today it has been re-accredited by the Ministry of Education and Science of the Russian Federation to facilitate adoptions in that country.