If you built and sold the first teleportation device you would make some serious money.
But...
If you built the network that connected the teleportation devices and charge a subscription fee to use it Wholesale Lonnie Johnson Jersey , you're set up for a future of enormous passive income.
This is the view many entrepreneurs are taking in the 21st century. Passive income can only be derived from niche products with a sustainable market.
We love niche products because they inherently don't have many competitors and solve the problems of people who have money to spend. It is no wonder affiliate marketers fall over themselves in a rushed "grab-for-cash" type frenzy whenever a niche product with affiliate income opportunities launches. Unfortunately many are too late and end up scraping the bottom of the barrel for the last few customers.
If we analyze niche products closely we can divide them into 2 distinct categories:
Un-Sustainable and Sustainable.
Unsustainable niche products may or may not make money. If they do make money, they only do so for a short period of time, then they need to be re-invented to become new niche products. Affiliates who get in early stand to profit. But sales usually diminish quickly once new competitors or hot products arrive to saturate the market. Take for example a car or a DVD player Wholesale Tytus Howard Jersey , when first released the manufacturer sales margin would have been massive. Only the rich would have been able to afford one. But as competitors enter the market, margins start to reduce drastically and there is no longer much profit to be made. Mobile phone handsets are an example of this. The market is so saturated that the phones are often given away for free.
Sustainable niche products are those products that grow in value the more people know about them. Drawing on the mobile phone example, the telecommunications network would be a sustainable niche. The more people on the network the more valuable the phone becomes to the owners. Affiliates of sustainable niche products stand to profit considerably more using this long-term strategy compared to the possible quick profit from unsustainable niche products.
Sustainable niche products can be sold to each individual in the market. They are inherently viral as every individual who has the product can derive greater value when they convince others to use it. For example a fax machine has greater value when everyone has one. With subscription or disposable services Cheap Keke Coutee Jersey , there is generally no market saturation. You can re-sell the same niche product back to the same customer again and again.
So before you invest your time, effort and money promoting another merchants product, ensure the niche product passes the following checks:
#1) Does the product meet a continuous need of consumers? Can you sell it 10 years from now?
#2) How viral is the product? Will people rave about it or keep it as their secret weapon?
#3) How big is the market that would use this product? Is it likely to shrink in the next 10 years?
#4) Does the product lend itself to a subscription based Cheap Jordan Akins Jersey , limited license, or a disposable user pays model? Can you re-sell it to the same customer again and again?
#5) Do the product benefits grow exponentially for every user that purchases it?
Here are some examples of sustainable (past-niche) products:
#1) Internet Telephony
#2) Online Auction
#3) Online Dating Service
#4) Customer Acquisition Exchange
#5) P2P file sharing services
If you're an affiliate marketer looking to derive sustainable passive income, make sure you market the right kinds of product.
Copyright 2005 Michael Lever
How to Order Custom Invitations Business Articles | February 27 Cheap Martinas Rankin Jersey , 2013 Invitation printing can really be done in one way, and that is through customization. When you print invitations for whatever event, it is always necessary to have a uniquely designed invitation so...
Invitation printing can really be done in one way Cheap Justin Reid Jersey , and that is through customization. When you print invitations for whatever event, it is always necessary to have a uniquely designed invitation so that people can distinctly remember it and the event as well.
If you want to print or order your own custom invitations, here are the steps on how to create and order custom designs for invitation printing.
1. Prepare ? The first thing that you should do is to prepare and finalize your details and facts first. One of the big mistakes in envelope printing is to make mistakes in the specific details and facts about the even that is being advertised. So make sure that you know all the FINAL details and facts about the event. Collect all the information that you need in a piece of paper or note Cheap Will Fuller V Jersey , so that you have a master data sheet. You can type all the information down so that it will be easier to work with later.
2. Themes ? Next, with the details gathered, you must already decide on the theme of the event. The theme of the event will basically determine the theme of the invitation as well. This is important in invitation printing since this will be the key factor for the layout Cheap Benardrick McKinney Jersey , images and overall style of the content. So collaborate with the all the organizers and principal people of the event and decide on the theme that will be integrated with the invitation design.
3. Printing resources ? Once you have an idea that you want to create, it is time to research on a place or business where you can order your custom invitations. Use the Internet or the yellow pages and search for an invitation printing service that suits your budget and preferences. Ask for printing quotes for the different kinds of invitation printing options. Try to look at sample prints, and see if their printing process is easy to follow from your perspective.