Great Ideas About Sale Scranton PA

No matter how great your idea is, if the market isn't ready for it, or if it's already saturated, you just won't profit from it, at least not at the moment. So how do you know if it's just another great idea or a money tree ripe for the picking.

Local Companies

Nepa Sugar & Spice Magazine
(570) 503-9003
P.O. Box 487
Newfoundland, PA
Blackout Design
(570) 341-3466
201 Lackawanna Ave
Scranton, PA
Northeast PA Business Journal
(570) 207-9001
149 Penn Ave
Scranton, PA
Dream Vacation
(570) 342-4449
1328 Capouse Ave
Scranton, PA
Caesars World Marketing
(570) 343-9790
1010 Sunset St
Scranton, PA
Internet Technology Partnerships Inc
(610) 825-2629
500 Brook Rd
Plymouth, PA
Mb Marketing & Communications
(215) 538-9708
880 E Pumping Station Rd
Quakertown, PA
Thyrotech Inc
(610) 942-8970
1801 Horseshoe Park
Coatesville, PA
Direct Marketing Association
(610) 989-1700
Wayne, PA
Donnelly Advisors Group
(610) 544-6460
920 W Sproul Rd
Springfield, PA

There are a few ways you can go about this. You can hold a focus group, you get a bunch of people together, explain the concept to them, with mock ups if you can, and see what they think. Let them talk openly about it, often amongst themselves without your input, and then have them fill out a questionnaire.

This is a very expensive technique, but often produces good results, as you get more than just opinions, you also get ideas on how you can improve your original concept and so on.

You could invest in a direct mail campaign, and offer something to the recipients in return for answering your survey. This too can be very costly, up to $20 per person, and the end result isn't nearly as good as what you get with a focus group. As few as 1 in 100 people will return your mailing, maybe more depending on the reward.

You could use the telephone and conduct your survey that way. Keep in mind, however, that people will initially assume you're a telemarketer trying to sell them something.

You could survey people coming in and going out of your local mall. You'd have to set this up with the mall management first, but it's not an uncommon practice. In fact, where I live there are always people at the mall wanting you to take surveys.

You could also do some research online, post your question(s) in a forum - one that allows such things, be sure to read their TOS and don't overload the board. One question at a time works best, with follow ups if and when you get a response to your initial query.

I've seen this done often, generally by programmers inquiring about the usefulness of a new program idea they've come up with. They generally ask, could you use a program like tihs, adn what kind of features would the program ideally have. The response quality is usually very good.

When it comes to your survey give a brief description of your idea, then ask:

Could you use this product/service?

If yes, how often do you think you'd use this product/service.

Do you know anyone else who could use this product/service?

Does A seem like a reasonable price for this product/service - or alternatively - What do you think might be a reasonable price for this product/service?

Given what we've told you about the product/service, what improvements could be made to make it more useful to you?

That's it, just a set of very direct questions for a basic market research study. Make sure the person being surveyed feels comfortable giving honest answers, and opinions, and don't waste their time.

You can also check and see what the competition is in the market for similar offerings - assuming there are any similar offerings. You can look at how they've positioned their product, and position yours differently, what demographic they're targeting and so on. Oftentimes you can also see just how profitable a product really is, if you look deep enough.

Competition in the market, however, doesn't guarantee your product or service will make tons of money - on the other hand it also doesn't guarantee it won't. A lot of that has to do with how you market it.

Getting this kind of information from average people, getting their opinions, and their input on what they'd like to see in such an offering, is probably one of the best things you can do to ensure your success.

About the Author:

Start Your Home Business at www.prosperity-net.com

Get Your Slice Of the American Pie!

© 2004 Prosperity-Net.com


Article Source:

thePhantomWriters Article Submission Service

Featured Local Company

Nepa Sugar & Spice Magazine

(570) 503-9003
P.O. Box 487
Newfoundland, PA
http://www.nepasugarandspice.com

Related Articles
- The Tidal Wave Sale Scranton PA
In a sales interaction with a prospective client, I offered several solutions to his particular situation. I had asked him several questions, and upon determining his needs, presented a variety of different answers.
- Small Business Ideas Scranton PA
- Drop Ship Baby Gift Ecommerce Business Scranton PA
- Work At Home Secrets Scranton PA
- Brainstorming for Graphic Design Scranton PA
- Successful Small Business Idea Scranton PA
- Catalog Printing Scranton PA
- Student Part time Jobs Scranton PA
- Generate Unique Business Ideas Scranton PA
- Point Of Sale System Scranton PA
Related Articles
- The Tidal Wave Sale Scranton PA
In a sales interaction with a prospective client, I offered several solutions to his particular situation. I had asked him several questions, and upon determining his needs, presented a variety of different answers.
- Small Business Ideas Scranton PA
- Drop Ship Baby Gift Ecommerce Business Scranton PA
- Work At Home Secrets Scranton PA
- Brainstorming for Graphic Design Scranton PA
- Successful Small Business Idea Scranton PA
- Catalog Printing Scranton PA
- Student Part time Jobs Scranton PA
- Generate Unique Business Ideas Scranton PA
- Point Of Sale System Scranton PA
Related Local Events
Annual Old Time Christmas
Dates: 12/12/2009 - 12/13/2009
Location: Quiet Valley Living Historical Farm
Stroudsburg, PA
View Details

Annual PRCA Rodeo and Chili Cook-Off
Dates: 9/26/2009 - 9/27/2009
Location: Shawnee Mountain
Delaware, PA
View Details

Blueprint for World Class Selling
Dates: 9/17/2009 - 9/17/2009
Location: Penn State Worthington Campus
Dunmore, PA
View Details

Rib Fest - United Way of Wyoming Valley
Dates: 9/13/2009 - 9/13/2009
Location: Mohegan Sun at Pocono Downs
Wilkes-Barre, PA
View Details

Arts At Hayfield Summer Festival
Dates: 8/24/2009 - 8/24/2009
Location: Penn State Wilkes-Barre
Lehman, PA
View Details

Rss   Delicious   Digg   Add To My Yahoo   Add To My Google   Bookmark   Search Plugin

Topics:
Advertising Family Home Services Real Estate Resources
Business Services Fashion Industrial Goods & Services Retail & Consumer Services
Career Financial Services Insurance Software
Cars Food & Beverage Internet Technology
Computer Hardware Franchise Legal Telecommunications
Construction Health Miscellaneous Trade Shows
Education Holidays Nightlife Travel
Entertainment Home Appliances Online Database Weddings
Environmental Home Electronics Pets World History