5 Things to consider when creating a new product
Products that make or save money
People always want to make more money. If your product or service will help them earn more or save money they will always buy it. Even if your product is not directly connected to making money, it is always a good idea to explain how it can save money for them.
Products that help people learn
People are always looking to learn something new. "How to" guides are always popular for this reason. This is also the reason why there are so many ebooks out there. Be careful about this because it is one of the most competitive niches on the Internet. However, this is also one of the easiest niches to enter.
Products that entertain
It is no surprise that the top searches on Yahoo Buzz are almost always about TV shows, actors and sports. This niche does require some unique expertise. Go for it if you have a good talent for creating entertaining videos, cartoons, etc.
Products that make life healthy and comfortable
People want to live as comfortably as they can, without any aches and pains. Do you have an idea for a product that will help them do that? This niche is often abused and may have a bad reputation because of all the spam associated with magic herbs and pills.
Products that save time and effort
People love pressing a button and getting things done! Do some research on popular topics and make your work available to your customers for a price. You could also create a software that will save your customer hours of work.