Though every one is very much clear on the importance of research for creating money out of the online business. But still to bring it higher in the priority list its important to understand its importance.
Lets have answers to following questions.
Q. What is your hourly rate for technical work?
Q. What work you can accept and what work you can refuse from cost perspective?
Q. How much time is good enough to be devoted for certain business activity?
Q. How much shall be your expenditure on the infrastructure for the online business?
Q. What are the standings of similar businesses as compared with yours?
Q. What is the key you have over the competition? (Why you?)
The research on the above and more similar questions shall not give your business a rocket boost, but for sure it'll give the strong base to take off with visibility. Some of the problem of future can be treated well in advance.
Good point is that its re-search, search is already done, just integrate it to your system and get going.
Good Luck!!
Sunday, October 10, 2010
Saturday, October 9, 2010
Look out for new trend, innovation is the key
Its very important to judge the time and go along an innovative idea.
There was time when just having a simple web was a good business, reason as we all know is simple the number of websites were very less and a simple website had a broader presence.
Limited count perhaps made Yahoo think of creating the directory of website. The key takeaway from the old story is the timely innovation. The business for websites that time was good not because the odd luck but because they were able to catch up with the wave. Lets look at that time from the eyes of people thinking at that time - Sense of doubt on the success, Not clear where the web will be after a decade or so, High cost of publishing a website and so many other pull backs.
But the one who could think a step ahead of time have made it to what we say classic website business. They have become a success story. Now what it has for us is to judge the trend and identify the point innovation.
Its not advisable to go along the conventional means of online business, the thought have to be out of the league. Every individual has his/her own sense of judgment, you could catch is faster than the other guy in the queue, but then the same holds true for the so many around.
If the competition is stiff so high are the opportunities.
Make a way out and help us to share a new success case study!!
Good Luck!!
There was time when just having a simple web was a good business, reason as we all know is simple the number of websites were very less and a simple website had a broader presence.
Limited count perhaps made Yahoo think of creating the directory of website. The key takeaway from the old story is the timely innovation. The business for websites that time was good not because the odd luck but because they were able to catch up with the wave. Lets look at that time from the eyes of people thinking at that time - Sense of doubt on the success, Not clear where the web will be after a decade or so, High cost of publishing a website and so many other pull backs.
But the one who could think a step ahead of time have made it to what we say classic website business. They have become a success story. Now what it has for us is to judge the trend and identify the point innovation.
Its not advisable to go along the conventional means of online business, the thought have to be out of the league. Every individual has his/her own sense of judgment, you could catch is faster than the other guy in the queue, but then the same holds true for the so many around.
If the competition is stiff so high are the opportunities.
Make a way out and help us to share a new success case study!!
Good Luck!!
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