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.

You roll out of bed at 10, wander over to your computer and your work day begins… no getting dressed for the office, no stressed out commute, no angry boss. You make the schedule, you make the rules, and you determine how much money you make. Sounds good, doesn’t it? Here are 5 Reasons that right now is a great time to start a home based business.1. It’s always the right time for a Home Based BusinessThat may seem a little silly, but the best time start any business is exactly when you decide that you’re ready to make it happen. You are the primary reason that you business will succeed. So if you are ready to make it happen and willing to put in the effort then there is never any reason to wait.2. Your job is uncertainThe economy is in turmoil right now and none of us can feel completely secure in working for someone else. You have little control over the success or failure of your employer.With a home based business you can begin to control your own future and create income streams that will thrive in any economy. You take responsibility and you create the rewards that you are really worth.3. There are more options than everWith technology and the Internet there are a virtually infinite number of ways that you can create additional income from home. With all of the options available, you can certainly find something that fits very closely with your values, work style and desired lifestyle. A business that fits you is far more easy to make successful than one that you have to conform to.4. Tons of opportunityWith the current economic climate and so many people feeling uncertain about their future, there is a great deal of opportunity. You see, proactive people like you and me are looking for solutions to these problems. The solution often lies in working with others to create home based businesses, or other income opportunities that they can have some control over. You will have tons of eager individuals looking for products and services that can help them create these changes.5. You are still ahead of the packToday, you can still be a leader in the home based business industry. At some point in the future the mass majority will realize that owning a home base business is a good idea and begin to flood the market. If you start today you can be ahead of the pack and position yourself to take advantage of the future flood of new business seekers.All in all, there is no time like the present to take action toward creating a life and lifestyle that is under your control and supportive of your dreams.