Make Money Online Advice 8
Make Money Online Advice 8
- by Bill Brine-Lead Generation Master
So you've out a lot of time and effort into doing some market research, and have designed a great product that you think will sell like wildfire.
Unfortunately, it doesn't sell well. It hardly sells at all...
Now what? Is there still a way to make money online with this product? Or should you just throw it out and start again?
Well, there are some things you can do to resurrect the situation. Here are 10 ideas you can use to make use of the product and still make money online:
1. People are always looking for new products to sell. Sell the reprint or reproduction rights to the product. Sell a resale license.
2. Give the product away as a freebie from your home business website. Just because it won't sell doesn't mean people won't visit your home business website to get it for free. They may see another product you sell and buy that one while they're there.
3. List the product at an online auction site such as eBay. You may make part of your investment back. If you're lucky, you may even make a profit. People sometimes get into bidding wars and will bid a higher price than the product is actually worth.
4. Offer your product as a free bonus for another product you sell. This will increase the perceived value of the product you're selling. People will feel they're receiving more for less.
5. Contact businesses with the same target market and see if they would be interested in using your product as a free bonus for their product. You can get free advertising by placing your ad on the product.
6. Sell your product to businesses at wholesale cost as a promotional item. Businesses are always looking for products they can give to their customers with their advertising on the product. You could make part of your investment back.
7. Barter your product to other businesses for things you need for your own business. You could trade for their products or services. This will save you money and help make up for your profit loss.
8. Create an online contest with the product as a prize. This will attract traffic to your web site. You could also get free advertising by listing it on online contest directories.
9. If you decide to give away the product for free, allow other people to give the product away for free as well. Place your home business website ad on the product. This will spread your advertising and attract even more people to your site.
10. Ask businesses with the same target audience if they would be interested in combining your product with their product. You could then sell them together as a package deal and split the profits. You may have better results selling your product this way.
There are many more creative ways to make use of a product that is not selling for some reason. You can still make money online, even if the product is a poor seller for some reason.
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Bill Brine-Lead Generation Master
PO Box 121, Amherst, NS B4H 3Y6 Canada
Ph: 902.667.0511
Fax: 760.280.8685
Skype: billbrine
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