Your business plan market research should be your first step

Author: Ian McAllister

Business plan market research should be the first item on your agenda. Think about it a minute. Will people buy what they don't want? Of course not. So your internet business should find out what people are paying their money for, then offer it to them.

I've prepared a half hour video available to members showing you why research on eBay is the best way to start your marketing plan,

My server wouldn't be happy if you tied them up for half an hour watching a video, so I've made a short extract of the video for you, on the beginners make your own website membership page that lasts for about six minutes.

If you prefer to download the video and view it at you leisure, just click the google button at the bottom right of the video, and then the download link.

I'm offering a free course of over twenty videos (I haven't made them all yet so I don't know the exact number) that allow you to "look over my shoulder" as I work through each step of making your own website. So click here to sign up for my course now (it's free) so that you can see the long videos as soon as I have them ready for you. I'm assuming that you already have a program to unzip the files. You can probably find a freeware unzipper at tucows.com if you don't have one already.

Here are the steps covered by the first long video about how to choose a niche (online research).

Why do online research?
Brief introduction to the Google Keywords research external tool. Google's external keyword tool.
How to research your market using eBay, and why it helps you to make money.
Why you should become a free member of eBay.
eBay didn't get where they are by being stupid. Taking the pulse of eBay can make you money.
See a list of popular eBay searches.
Taking cameras as an example for the project, see the popular camera list.
Example of typical eBay listing. Steal ideas from these listings for your own descriptions.
Completed auctions are cold hard fact - no more hopes for one more bid. You can rely on these data for your marketing plan.
I've shown you how to research using the hard way that is free. Now I show you how to use a cheap little tool that saves me a lot of time and effort in my market research.
Find popular searches and popular products in minutes instead of weeks.
Category analysis. Click on a main category and get graphs of the popularity of each sub category.
Hot items search. Zero in on popular items with more than 20 bids. Study the most popular.
Sort the hot items by price - downwards - because it's almost as easy to sell an expensive item as to sell a cheap one, but keep you eye on your net profit, not total price.

The table of contents showing each of these steps is shown on the left hand side of the video, so you can always go back to any step that you want to check up on. Next I'll show you how to use
Clickbank for your business plan market research.