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Shoemoney - Skills To Pay The Bills

Shoemoney - Skills To Pay The Bills

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How To Train Yourself To Identify Business Opportunities

Posted: 03 Sep 2015 04:58 AM PDT

Entrepreneurs are those that find and recognize good business opportunities. The question is, how do you train yourself to identify opportunities that will earn you money?

The reality of the matter is that this is tricky even for the most experienced entrepreneurs. Even if you do your due diligence, there is still the chance that things won’t work out for you and you’ll have to move onto new ventures.

We’ll be getting into a process that you can use to find potential opportunities in a moment, but let’s start with a few general considerations you should be thinking about before we get into the meat of the matter.

How To Recognize Good Business Opportunities

When it comes to online business, there are really only a few things you need to be thinking about. With a physical brick-and-mortar store, you have to be thinking about location. With online business, location is online.

With a retail location, you have to be thinking about pricing and competitiveness. With online business, Ramit Sethi says price is a mere triviality if you do your research and offer a product that people are gung-ho for.

But there are still some things you should be taking a look at. A good online business opportunity is one where:

  • The product or the service solves a problem. It’s important to build a business around real pain points that people are experiencing. This goes back to Sethi’s point.
  • You have the resources you need to get started. With online business, you don’t necessarily have to spend a lot of money to get up and running, but it’s still a good idea to take a look at the assets available to you, including finances, resources, and connections. Obviously, the more you have to leverage, the faster and easier it will be to legitimize your business.
  • There is an opportunity to work with others. Finding a partner isn’t easy, but it is worthwhile. If you have the opportunity to work with someone that complements your skills and experience, it is far more likely to be a worthwhile pursuit.
  • The timing is right. When it comes right down to it, this is an ineffable quality of a good business opportunity. For things to work out, a lot of things have to line up, including how much time you can dedicate to your business, what the market is asking for, and so on.

4 Steps You Can Follow To Find New Opportunities

I know that most of you are here because you want to figure out how to build your affiliate businesses. From here on out, we’ll be taking a look at a few steps you can take to find viable niches, but you certainly can apply these steps to find other prospects as well.

Also keep in mind that there are other ways of finding niches that make sense for you. Keyword research is a prime example. However, the process I’m about to outline – as suggested by Brian Dean – works pretty well too.

Step #1 – Go To Quantcast Top Sites & Generate A List Of Ideas

On Quantcast Top Sites, you can see what some of the most popular niches on the internet are.

You can more or less skip over the big brands that are dominating the top of the list, but as you go further and further down the rankings, you’ll see more niche results.

As you continue to explore the top sites, you’ll begin to figure out what people are passionate about, and come up with potential business ideas.

Go through the results, make a list of your best ideas and keywords, and move on to the next step.

Step #2 – Go To Quora & Enter Your Keywords

Quora is a Q&A site where a variety of niche related questions are right at your fingertips.

When you plug your ideas and keywords into Quora, you’ll see the kinds of questions that are being asked on the term you entered. It might even give you some ideas on how to niche down even further.

For example, if you enter the keyword “knitting” into the results, you’ll see that one of the questions is: “Are there any knitting boards”. Knitting boards would obviously be a very specific niche.

That example might be too broad, or it might even be too specific. It really depends on the niche. However, I think you can see how this would allow you to find the kinds of things people are already talking about.

Step #3 – Go To The ClickBank Marketplace & Determine Whether Or Not You’ve Found A Viable Niche

The ClickBank marketplace allows you to find affiliate products in a variety of different niches. Whether or not you choose to promote one of the products listed here is up to you, but for now we’re still in the research phase.

Either browse through the existing categories, or run a search to find offers related to your chosen topic(s).

Look for popular products in your chosen niche. This is a good way to find out whether or not you’ve come across a worthwhile affiliate niche.

Also keep in mind that competition is generally a good thing when it comes to online business, as it validates that there is a real market out there.

Step #4 – Repeat Steps 1 Through 3

Did you identify a great business opportunity? Don’t rush this process, because you might not find a profitable niche the first time through.

There’s something to be said for taking fast action – and I would encourage you to do that – but you don’t want to rush into things without some idea of what to expect.

Of course, if you do your due diligence and still don’t hit it out of the park, don’t get too discouraged. The key is learn from your mistakes and keep trying.

Conclusion

Do you have a better idea of how to identify good business opportunities now?

Although the process outlined above is pretty scientific, this really isn’t a science. You could do everything in your power to research an opportunity, and still come up with nothing. Conversely, you could start something on a whim that catches on.

The good news is that you get better every time. By the time you’ve started and scrapped multiple projects, you’ll be able to get up and running so fast that you won’t even be concerned with past failures.

How To Rank In Google Apps - DailyBlogTips

How To Rank In Google Apps - DailyBlogTips


How To Rank In Google Apps

Posted: 08 Mar 2016 04:32 AM PST

Have you developed an App? Want to rank well with Google? Many people think that for your app to rank well with Google you need to have thousands of dollars and a bit of hope to hit the top 10 in your app category. For any app developer ranking highly in Google can seem daunting and a challenging feat. However, with the right know how it is possible to rank well in Google without having to spend too much money. The following is a guide on how to rank in Google apps without having to go broke doing it.

Ways To Rank Your App Well On Google

Keeping Your Eye On The Prize

For your app to rank well with Google you need to understand what's in store at the end when your app is launched. It's critical to understand the value of ranking at the top and how it'll affect your decisions when faced with pressure to launch your app before it's ready. It's estimated that to make it to the top 20 you will need to achieve 15,000 installs per day and at least up to 25,000 installs per day to make it to the top 10 mark. You could spend money on getting the desired traffic to your app, however this can lead anywhere up to $2,500 per day. This can be costly. Some of the best ways to market your app for increased traffic is by utilizing popular social media platforms such as Facebook and Twitter. You could pay a smaller amount to run ads about your app to help introduce it to people and to expose it more often. In time you will start to see more and more traffic being sent to your app.

Understand The Ranking Algorithm

Although the exact details on the ranking algorithm are closely guarded, there are a few things that you can do to help with the ranking process. These include:

– Launch Window – New apps tend to rank a lot easier than existing apps. This is because users want to try new things. Because of this you have a small launch window to work your magic. If possible, allow users to have a demo of your app before purchasing it. If it's good quality and they like it, they will spend the money on it. The more installs you achieve the higher your rating will become. Launching the game in the morning also helps users find it easier when searching throughout the day.

– User Reviews – Although user reviews may not affect the backend of the ranking system, they will affect whether or not new users will want to use the app. Reviews of your app tells upcoming users whether it's good or not. The more reviews you have, the more people will try your app, and the higher on Google you will rank.

Make It Social And Freemium

To help increase user and install demand, it's important to market your game or app to social platforms and make it freemium for everyone to start using. Freemium refers to allowing everyone to play your game or app for free while offering a premium side where users will need to pay for certain items or features. Users love free apps, and the more users can access your app the more installs you will receive. This will help you move up higher in the Google app rankings.

Make Your App Versatile

There are many different apps which are only suited for a variety of devices. Creating an app which can be used in all devices such as computers, iPad, Tablets and iPhones can help your app reach more traffic. This in turn can promote more installs and popularity for your app as it can be used by everyone.

Use Proper SEO Techniques

When writing the description or text for your app online, it's important to use proper SEO or Search Engine Optimization techniques to help enhance its visibility on the web. SEO works by the use of certain keywords that represent your app. When people search for those keywords, when done correctly, your app should come up in the top search results. Mastering SEO does take some time and energy, but can be rewarding. Google Keyword Planner can be used to help choose the appropriate keywords.

Conclusion

When it comes down to ranking in Google apps, it's important to understand there aren't any easy ways to reach the top. It takes time, effort and some money, but when you do rank well in Google apps you will receive the rewards. So are you changing your marketing solutions?

Nick is a hard-working and dedicated tech addict who works for A+ Digital as SEO Operation Manager . He enjoys learning new stuff , experiencing and writing about all the latest tech related topics. Nick has been writing in the technology niche for many years and is dedicated to bringing readers high quality content that will inspire all those who read it.

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