4 Ways To Save A Dying Product!
|
 |
Visited: 1701 |
| Not rated |
|
|
|
|
by Larry Dotson October 18, 2003
|
1) Create A New Niche
Create
a new niche for a current product. You can set yourself apart from
your competition by creating a niche. Your product could be faster,
bigger, smaller, or quicker than you competitor's product. For example,
if you sell downloadable software, your niche could be that it downloads
faster than your leading competitor's.
2) Add
On To It
Add on to an
existing product. You could package your current product with other
related products. For example, you could package a football with
a team jersey and football cards. Another example, you could package
flowers with greeting cards, gifts, candy, etc.
3) Create A New
Market
You could create
a new market for your existing product. For example, if you're selling
plastic bottles to a pop company, you could turn around and sell
those bottles to a fruit drink company. For example, if you are
selling an e-book about dating tips, you could also sell it at a
bulk group rate to online dating web sites.
4) Combine It
With Others
Combine two
or more products together to create a new one. For example, you
could take a briefcase and add a thermos compartment inside to keep
a drink hot or cold. Another example, you could take an e-book and
link it to a related online message board. |