Marketing includes matters such as pricing and packaging of the product and creation of demand by advertising and sales campaigns. There are other options, of course, like product creation, resale rights marketing, joint ventures and the likes, but they are merely secondary to the above.

If you take the freelance route, it is important to ensure that all rights to profit from the final product, or any materials produced in its making, remain yours. Bookkeeping, physical product creation or delivery of goods can be done better with specialized help. Determining the purpose of the product is vital in niche product creation.

Implementation of Methodology – The choice of implementation of Six Sigma methodology depends on whether development is required on existing processes (DMAIC) or on new process/product design creation (DMADV). Determining what you really want to sell, something that you can be relaxed selling is the first step at the creation of a niche product. With the technological advancements in the hosting industry, from automated control panels and scripts that simplify creation of accounts; to complete turnkey solutions, there is no excessive need to worry about spending time on the actual product sold to the customer.

For instance, you should be prepared to either perform yourself or to subcontract the completion of the following tasks:- Product idea research (are there any existing products or patents already existing for this idea)- Product specification document training (what it will do, how it will look, how will it be powered, and how the user will interface with it)- Marketing study (what it will be named, who would buy this, how much would they pay, how will we get customers to purchase the product)- Schematic or electronic circuit design process- Creation of a bill of material or BOM and an approved vendor’s list or AVL for each component in the design, preferably with multiple sources identified, with a BOM and AVL for each assembly level in the product- Printed circuit board layout design process (single sided board, double sided board, or multilayer board; size of the PCB; board material)- Mechanical packaging design with user interfaces (displays, buttons, switches, key. This removes all product creation costs from your budget as a marketer.

No other database of affiliate programs offers such a possibility for profit on either the affiliate side or the product creation site. Your chosen niche should allow for the creation of more than one product or service.

There are several marketing strategies that are necessary in the creation of a successful e-commerce web site – Email marketing (broadcasting) of prospects/customers – Effective use of auto responders (generate automatic email messages) – Online Newsletter – Online Form / Survey to capture your prospect’s email address – Electronic Product Delivery (if you sold a digital product) – Advertisement (Ad) Tracking – Back End Sales – Affiliate program etc.

One of the keys to succeeding in information product creation is to break the process up into discrete steps. This frequently isn’t an instinctive reaction for the typical information marketer. Especially on the internet where small sized learning products are the norm.

However, it is extremely important to your ultimate success. In fact, I would go so far as to say that if you don’t do this you probably won’t succeed… even when you are starting out let alone as you move forward.

Your product creation system should do this for you if only to help you to understand the overall task.

But why?

In this article, I’m going to ignore chunking and focus on the practical aspects. That’s not to say that chunking isn’t important. It is. It’s important to understanding and to learning the process. But while you can use the same chunks as you move forward, long term your focus needs to be on the operation of the system not the understanding of it. Unless of course you are constantly training new people!

So why is chunking important to long term use of the product creation process? (Yes, I know systems design uses a different term for this process but I’m not teaching you systems design. So I’m going to use the word learning content designers use.)

The first reason that having individual discrete tasks is important is one of schedule estimation. Frequently it is very difficult to estimate how long the total task of creating a product will take. After all, the size and type of the products matters as does the number of products in your product funnel. And those are just the most obvious elements. However, estimating a discrete task is often much easier. The total can then be estimated as the total of the discrete tasks.

Secondly, scheduling a large task can be problematic. However, by segmenting the task into a number of discrete tasks, you gain a much greater flexibility in scheduling. Not only that but as your business begins to add people you are able to schedule multiple people to the product creation.

Finally, segmenting a large task into smaller discrete tasks allows you to have much better control over the product creation. This affects two different areas — status and quality.

By segmenting your process into discrete tasks you are able to schedule and record the progress at much more detailed level. As a result you are more in control of the status of the product creation. You know what everyone is doing. When they should complete it. And how much it should cost. You also know exactly what has been done.

You also improve your overall quality. Instead of waiting until everything is done you can check quality as you go. This allows you to immediate react to low quality products without absorbing their costs. This means that you have less rework and your rework costs less. And if the product is not going to meet its quality requirement you will know about it in time to stop the development, change the requirement or fix the product.

Are you considering starting a home based business? This article will provide you with honest information that will enable you to pick a business opportunity that’s right for you.If you’re thinking about getting started a business from home you’re not alone. In this economy many people are turning to this industry to replace jobs that they lost, provide more income for their families or achieve a better standard of living.The first questions that you need to ask yourself when thinking about starting a home based business are: What do you like to do? What are you interested in? What are you passionate about? The reason why you should ask these questions is because many people are lured into starting businesses that have nothing to do with what they are interested in and their businesses ultimately fail because they didn’t have the drive or passion to keep their businesses going.If you love what you do and are passionate about your business your business won’t seem like work at all and it will fun working on it instead of it becoming a chore to you.The next question you need to ask yourself is are you thinking about a from home business just to make money? Every business has to make money but money shouldn’t be the only reason why you’re starting your business. Your ‘why’ should be something tangible like you’re starting one to provide a better lifestyle for your family or provide for your children’s education, take a dream vacation every year, buy a new car etc.With these questions answered you should start your search by doing some research online. Use your favorite search engine, type in the word home based business and see what search results come up. Remember to find a business that offers a product or service that you have some level of experience with or passion for because if you love your business you won’t have any problem talking with people about the products or services that you have to offer.Once you find several interesting home business opportunities take your research a step further by researching the business opportunity online with the Better Business Bureau to see if it’s a legitimate opportunity or not. After you do your research with the BBB the next step is to type in the name of the business opportunity or company name into your search engine and see what search results come up.When you search under the company or product name the search results on page one will show you what feedback there is on that opportunity. You should also look for message boards, forums or any type of website with comments on the opportunity that you’re in. A word of word of warning though, many online marketers will use the word scam when doing pay per click advertising or keyword optimization for their websites so be prepared to see the word scam next to the business name or product that you’re searching on even if the home business you’re interested in is a scam or not.As you’re searching for the right opportunity you should also look out for false income statements like: “My system makes me $100,000 per month” if you see an income statement that looks suspicious like this, be on your guard and also be prepared to ask for proof or verification that the income claim is real or fake. Many people get suckered into bogus income or business opportunities thanks to false income claims and the hype that comes with them. If you do your due diligence you won’t lose money.After you’ve found several prospects for you to investigate further the next thing you should look for is does the business you’re investigating have an actual physical product or not? The reason why it’s important to have a physical product is because it’s easier to grow a business if you have a real product that people can actually use and re-order regularly.Many opportunities are classic pyramid schemes that offer no value at all other than income to the person who recruits you into the ‘opportunity’ and as with all pyramid schemes the only people who make money are those who get into the pyramid scheme at the very beginning. A lot of the income opportunities online today will offer a bundle of e-books and software if you invest but what you’re getting is usually out dated information that won’t work today.Once you’ve found a home based business opportunity that has you excited the next questions to ask are: how much does it cost to get started? Are there any reoccurring monthly fees to stay active in the business? Does the company offer any training or support? How long will it take you to recoup your investment in the business?Before you invest in the business the most important question you need to ask is will you have to do any selling? It’s important to ask this question because if you’ve never sold anything before in your life and you get into a home based business where you will have to make sales you’re going to have problems.Selling is not hard at all and anyone can start making sales even if they have no experience in the very beginning. If you don’t have any sales experience you should go to your favorite bookstore or check online for “how to” books that will teach you how to sell. You should also make sure that the home based business opportunity that you’re going to invest in offers some sort of sales training or quick start guide that you can follow to quickly start making money in your business.