Today's assignment is to get 7 ideas based on the market research tools he gives us in his videos. His methods are very simple to implement and I think anyone with an open mind could probably generate more than 7 ideas easily.
Here is a summary of what I learned about market research.
Ebay Pulse Method
http://pulse.ebay.com
- The key to using the ebay Pulse method is to drill down into different categories and try to think of different topics to talk about based on the popular searches from that category.
- Opinion: I like this method. It is a good method of getting deeper into specific categories and is definitely and excellent place to start.
http://technorati.com/pop/
- There are different blogs to check out that might bring in new ideas
- Opinion: Might be a bit difficult for the absolute beginner since a lot of digging and an active mind are required.
http://groups.google.com/groups/dir
- Take a look at "Activities" and then drill down into different "Topics".
- Yahoo Groups can also be used in the same way
- Opinion: This kind of neat because of the diverse and strange topics that people are interested in, which helps to open the mind a bit more to new ideas.
http://google.com/trends/hottrends
- Going to different dates and going down the list looking for things you can write about or a potential product or market you can promote/sell.
- Opinion: This may be difficult and requires a critical eye to see the small details. Also, by having a creative eye, a person can see potential in various searches.
Yahoo Answers
http://answers.yahoo.com/
- Looking through the categories for popular questions is a good way of generating ideas.
- It is also good to think of it as someone is looking for a solution and the Internet Marketer can fulfill that need.
- Opinion: I like this method since it shows what people are having issues with. I think this allows the Internet Marketer to think of possible solutions and therefore possible potential products/markets.
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