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.

Normally, at the beginning of each year everyone sets those unattainable goals that only tend to frustrate. Consequently, why should this year be any different, right? Not so fast!! This year you are going to set that one goal and give it everything that you have to reach it. Rather than trying to lose weight or quit smoking, this year you are going to research and find those legitimate home-based business opportunities that will enable you to quit your nine to five job and do something that you really want to do. Perhaps you just want to stay at home with your kids, or possibly you want to work in your pajama pants. It doesn’t matter what your goal is, what matters is that you start working toward it. During my research, I have found three legitimate home-based business opportunities that might interest you.The first is taking a passion and creating an online business. I am talking about taking the garage sale passion of so many people and turning that into a very lucrative business. This type of business can be online and/or brick and mortar. In the beginning, I would suggest purchasing your treasures and later selling them on eBay. As your business improves then you could start buying products wholesale subsequently selling them at a profit on either an eBay store or on your own site. Some Resellers can make a lot of money and some even a comfortable living off sales such as these. Setting up an e-commerce business like this can be fairly easy. Some of the decisions that you will have to make will be:
whether you want to operate as a used reseller or a bulk reseller
decide if you want your own online website, or if you want to continue with eBay
if you decide to continue your eBay relationship, then an auction account will need to be set up
do you feel that handling a single product will suffice or will you want to offer a combination of products
obtain your products through garage sales or bidding on defaulted storage units, (aka Storage Wars)
Additional investigation into legitimate home-based business opportunities has revealed the field of virtual assistant is growing very quickly. Virtual assistants are like secretaries were in the past. Normally virtual assistants are self-employed and work on a contract basis. They offer professional administrative support and other specialized services to businesses, entrepreneurs and others who do not have enough time to complete their work. Virtual assistants work remotely and receive their assignments by phone, fax, email or by instant message. Normally a virtual assistant will perform secretarial services. Although some specialize in IT support, graphic design, web design and marketing.Setting up your virtual assistant office is going to be similar to many other office arrangements. The list should include:
a room decorated so that you look forward to working in it each day
sizable desk or a regular computer desk and an additional table
comfortable chair
computer with at least a Pentium 4 processor and 2 GB of Ram
writable CD-ROM
17″ monitor
good printer with a scanner
online fax services
high-speed Internet
affordable long distance
a good backup system
consider a headset with microphone
This business is probably going to have several long days so don’t get it in your mind that your eight-hour days will continue after you start this endeavor. You will need to do a ‘bang up’ job for your clients. That way, your client list will grow, and consequently, your income will increase. You are an entrepreneur, and you are working hard to create and maintain a home-based business. So be ready to give it your all!As my research of legitimate home-based business opportunities came to a close the last enterprise, I found to be promising was blogging. This small business has the potential to bring some large profits.Normally, a blog is considered a personal journal and in truth most of them are, but today you can blog about anything. I have a couple of blogs that I maintain. One contains articles about starting your own home-based business. With each of the articles, I try to locate and research as many as three home-based businesses at a time. Then I describe each one and give my preferences. The other blog that I maintain gives tips and articles about customer service. I usually describe what I feel is good customer service and how businesses can offer incentives and train their associates to make their patrons feel at home, glad that they stopped by, and most importantly will return as a repeat purchaser.To help me maintain my blogs I have become affiliated with several companies. My favorite enterprise has several reasons that I promote it. Those include:
Low start-up costs: It is free to join, and you receive a free website.
Training is free: There are weekly webinars that you can replay if you miss. In addition, there is a set of 14 webinars that give you all of the information that you need to become a successful affiliate marketer.
Great Products: There are five different affiliate income streams for you to choose from. You can participate in one or all five.
Community Forum: A forum is available for you to go for answers or just for social fun.
Three tiered support: When there are problems, you have three different levels of support. The levels range in intensity from simple forum questions up to technical questions.
In conclusion finding your perfect fit from all of the legitimate home-based business opportunities will require research and time. However, it can be the best time you ever spent.

For those who own several properties, they would find that they are spending more time managing the various issues that arise out of owning these properties than actually getting to spend the earnings that are coming as a result of their property investments. When you think about this for a second, it becomes considerably ironic. The reason why anyone would invest in property is so that they make gains of the property and then get to enjoy the rewards from the returns.

However, it is not too far-fetched to imagine that way too much time is being spent managing these investments!

Overwhelming Issues

The solution to these problems is property management companies. The title gives away their job description and that tells you exactly what they do. Think about all the mundane tasks that you will have to do on your own when you own property. One your property has a repair that needs to be done and you have to get off your busy schedule and get that fixed. One of your tenants is creating problems and you will have to deal with it personally and that is again affecting your regularly scheduled problem.

Now, multiply these issues many times over if you own multiple properties and say they are all spread across the neighbourhood or city. It can get overwhelming! Now, imagine the alternative. You engage a property management firm and retain their services for a fixed fee, which might be monthly or yearly. That is it!

Property Managers

Whatever are the items that are agreed upon the agreement signed with the property management company, they will take care. You have literally no headaches to worry about. There is a repair in one of your properties, let your manager take care of it. Collecting rent? Let your property consultant take care of it. Unforeseen legal issue? Again, you continue on with your vacation while back home your manager takes care of it.

To get into a little detail as to what these managers do, we will start by renting an apartment or several apartments. Say you have half a dozen properties spread all over the city. Once you engage a property manager, he or she will do the work of hiring a real estate agent and finding tenants for your property. All the necessary negotiations related to the rent will be handled by the property managing agency. Necessary paper work is also negotiated and agreements are signed and taken care of. When the tenancy term comes to an end, again the closing formalities will be handled by the property company.

As you might have observed in the previous example, at no point are you involved with any of the happenings. You could always ask the manager to keep you in the loop but rest assured in exchange for a percentage of the gains you are making, he will take care of everything!

Just remember to hire the right manager and at the right price. As long as you make sure that you have got the right property manager, you will be able to make gains on your property investments without any of the headaches that come associated with it.