How To Create Wealth with Ideas

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How to create wealth with ideas

Take a look at the headlines today and try make a conclusion yourself as to whats making money in today’s economy, you will find out that it is all about ideas.

New Ideas always has a potential to generate money

There are however factors that influence the financial potential of an idea

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  • Do people believe in your idea? If people believe in your idea such an idea has a great potential to be passed on to the next person.this means that your idea start to market itself.
  • Originality! How original is your idea? if you just duplicate another persons ideas then your chances of becoming successful are minimal.
  • Platform used to launch the idea. this is the same as the platform used to create awareness. if you are launching a business based on a new idea then it is better to launch it on a platform that allows you free publicity, and also allow people to actively interact with you.
  • Some ideas has an ability to spread like a virus.
  1. And this is highly dependent on the current state of society than anything else, for example an idea to develop and market an enhanced sanitation cloth might flourish in our society if we where to find ourselves in the middle of a major flu pandemic.
  2. The effectiveness or usefulness of an idea. if the solution or product proposed in your idea is readily available then your idea is more useful than the one that proposes a complicated or expensive product or service. Ideas that meet this criteria are much more likely to spread by themselves than others.
  3. Consistency. for your ideas to be of benefit to you they have to have an unchanging feature that can readily be associated with you, E.G. Company Name, Product Name or Service Description. This enables your idea to spread together with a feature that can always be traced back to you.
  4. Associations with other ideas of the same type can help your idea spread if it has sufficient benefits or features that stands out of the crowd.
  5. Sense of Ownership. If those people that are the intended recipients of an idea has a sense of owner derived from anything associated to such an idea then that idea will spread much more effectively than an idea which does not impart this.

Blue IT Marketing

Author: Justice Ndou

My name is Justice Ndou,
My Nick Name is Mobius.
Here is my homepage:
www.justice.uphero.com.
I live inNzhelele,
Limpopo
and work as an CEO
at Blue IT Marketing.
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Creating value as a marketing strategy

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Blue IT Marketing-South Africa

Blue IT Marketing

Product or Service Description and Differentiation

Your Marketing Strategies depends entirely on your product and or service that you are offering to your customers.

you need to think very hard about your product and or service, and the reasons why you want to offer the product or your service to the community.

your product or service sales success depends highly on your delivery mechanism so develop your strategies along this lines as well.

Where to start

In order for you to even begin creating a marketing campaign you need to start thinking like your customers first, and then you will be able to decide what it is that you need as a customer and what it is that you expect in return.

Creating Value

Once you have this laid out in-front of you you must start thinking along the lines of actually improving on your service, by creating value within the service that you are offering to the customers.

Market The Added Value on your product or Service (Value Sells Better)

This will give you an idea of how you should go about marketing your product and or your service, instead of just saying computers for sale, you can then sell the added value to your customers that they get by buying from you.

Adding value is sometimes about little things like packaging and delivery methods that you adopt to solve a particular problem, this is why you see today a lot of hosting service providers provides one click interfaces for most of the hosting software’s that are used in the industry. this enables them to go on and say something like Word Press Hosting on their advertisements or marketing campaign this indicates added value on the service of hosting, which is also a marketing strategy as it caters for a very lucrative business section, Word Press Hosting.

There’s no rules and regulation as to what you need to do to add value to your services, infect if you need to gain an advantage you need to think out of the box, and that often means thinking outside the norms and regulations of doing things.

If somebody tells you how something is done then think about how it can be done better that it is done, you have to do this often enough and in no time you will start seeing marketing opportunities in adding value to everyday services.

We can go on and on about this subject but the one thing you have to remember is more often than not today’s fast moving businesses are not doing anything new rather they are finding interesting ways of doing the things that people do better.

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