Great Ideas About Sale Skokie IL

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

Sandstorm Design
866-307-4900
4216 N Bell
Chicago, IL
PR Chicago
309-299-1781
2442 W. Cullom Ave
Chicago, IL
4SIGHT Comunications LLC
(773) 388-2399
1700 W. Irving Park Rd.
Chicago, IL
Motiv 8/Inside Las Vegas
(702) 222-2228
1336 W Grand Ave Ste 1
Chicago, IL
Adrenaline Y2k
(312) 226-6990
1821 W Hubbard St
Chicago, IL
Airlift Ideas Inc.
(312) 492-7772
1923 W Race Ave
Chicago, IL
Mia Bella Communications
773-292-5299
1645 North Wolcott
Chicago, IL
rEvolution
312-529-5850
600 W. Chicago Ave.
Chicago, IL
BCN Communications
(312) 787-2783
900 N Franklin
Chicago, IL
A N I Intl.
(312) 906-8500
216 S Jefferson St
Chicago, IL

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

Sandstorm Design

866-307-4900
4216 N Bell
Chicago, IL
http://www.sandstormdesign.com

Related Articles
- Brainstorming for Graphic Design Skokie IL
The things that a creative mind can do are boundless. At times it could be difficult for designers to focus on which specific design concept to use. Unless you, the designer can articulate these ideas in an appropriate manner, everything would very much remain as figments of imagination. There may be times when you can shout Eureka! after an idea pops into your mind. But most of the time, you would need to sort out those ideas in your head.
- The Tidal Wave Sale Skokie IL
- Point Of Sale System Skokie IL
- Student Part time Jobs Skokie IL
- Catalog Printing Skokie IL
- Work At Home Secrets Skokie IL
- Successful Small Business Idea Skokie IL
- Generate Unique Business Ideas Skokie IL
- Drop Ship Baby Gift Ecommerce Business Skokie IL
- Small Business Ideas Skokie IL
Related Articles
- Brainstorming for Graphic Design Skokie IL
The things that a creative mind can do are boundless. At times it could be difficult for designers to focus on which specific design concept to use. Unless you, the designer can articulate these ideas in an appropriate manner, everything would very much remain as figments of imagination. There may be times when you can shout Eureka! after an idea pops into your mind. But most of the time, you would need to sort out those ideas in your head.
- The Tidal Wave Sale Skokie IL
- Point Of Sale System Skokie IL
- Student Part time Jobs Skokie IL
- Catalog Printing Skokie IL
- Work At Home Secrets Skokie IL
- Successful Small Business Idea Skokie IL
- Generate Unique Business Ideas Skokie IL
- Drop Ship Baby Gift Ecommerce Business Skokie IL
- Small Business Ideas Skokie IL
Related Local Events
In-Store Marketing Expo
Dates: 10/7/2009 - 10/8/2009
Location: Navy Pier, Chicago
Chicago, IL
View Details

BUSINESS INTELLIGENCE PERSPECTIVES
Dates: 9/15/2009 - 9/17/2009
Location: Westin Chicago North Shore
Chicago, IL
View Details

Ad-Tech Chicago
Dates: 9/1/2009 - 9/2/2009
Location: Navy Pier
Chicago, IL
View Details

Navy Pier, Chicago
Dates: 9/1/2009 - 9/2/2009
Location: Navy Pier, Chicago
Chicago, IL
View Details

AD:TECH CHICAGO
Dates: 9/1/2009 - 9/2/2009
Location: Navy Pier
Chicago, IL
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