Market Research Tools

Why you must spend hundreds of dollar on market research efforts and market research tools if you can have it free, best of all, those tools are available online, so you can perform in-depth market research or product without hiring professionals.

Before you start your online journey, you must know who your target market is, what kind of product they usually purchase, how much money they spend on that specific market and where is their demographic location. Here is some tools you can use to identify your niche market :

• G**gle
  Unless you have been living under a rock, you have to know this big G. They do have a Keyword research tool named "G**gle Keyword External Tools", click here to access this fantastic tool.
  
  
  

  Step 1 : Put the keyword you want to check for, e.g "dog training guide" (without quotes)
  Step 2 : Enter the CAPTCHA code
  Step 3 : Hit "Get Keyword Ideas"
  Step 4 : Under "Choose columns to display", please select "show/hide columns"

  Now, you have tons of keyword ideas to start with.

• Amazon
  Step 1 : Go to Amazon Website. Let's start with "Electronics". Please click the link located on the left panel
  Step 2 : On top of the menu bar, please click "Bestsellers".

  Repeat this step for other categories you want to market for.
  
  
  
  
  

• Alexa
  Through this site you can "spy" on our competitions without getting caught. You can check their site popularity, ranking and source of traffics (by country). Please take note that in terms of popularity a lower figure is better in Alexa.
  
  Step 1 : Go to this site Alexa
  Step 2 : Type in the website address your want to "spy"
  Step 3 : Choose "Site Ranking" from the drop down menu
  Step 4 : Press "Go" button
  
  
  
  
• Yahoo! Buzz
  No fancy steps here, just check what's today's Buzz on Yahoo! Buzz. Pick the hot topics and start posting, people love controversial things, what's new happenings, etc.
  
  
  

By using these market research tools you can quickly analyze what kind of products that you want to promote or to write. Hope you get some ideas on how to do a market research without spending a dime. In the next post I will show more handy tools.

You Must Have A Blog

Seriously, the first tool that you need is a Blog. If you're lack of money then your best bet is actually to have a free blog like this one, Blogger, another option is Wordpress. Both are free, please get one for yourself and start posting.

Here is the basic guidelines if you are not sure what kind of topics you are going to blog

• Pick the right topic based on your passions or what kind of hobbies or activities you do everyday (You may choose to sell some stuff related with your hobbies / activities)
• Sign-up for either Blogger or Wordpress
• Choose the right theme related with your chosen topic
• Start posting and keep posting - so your visitors may visit your blog regularly
• Promote Your Blog - Start sharing your Blog URL with your friends, on social networking, families, etc.
• Be Patient

That's all the very basic you need to know, bottom line, you must have a blog. After some postings, you will soon find your true passion. So, start blogging.

Tools You Need to have

On this blog, I'm going to share with you guys especially newbies, what kind of Internet marketing tools that you need to have to start your first online business. There are many Internet marketing tools available online out there. If you get it right, you may expect to see your online earnings is getting higher than you have right now. All the best.