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10 Ways To Get New Product Ideas

  1. Solve an existing problem for people. There are thousands ofproblems in the world. Create a product that can provide asolution to one of those problems.
  2. Find out what's the current hot trend. You can find out whatthe new trends are by watching T.V, reading magazines andsurfing the net. Just create a product that's related to thecurrent hot trend.
  3. Improve a product that is already on the market. You seeproducts at home, in ads, at stores etc. Just take a productthat's already out there and improve it.
  4. Create a new niche for a current product. You can setyourself apart from your competition by creating a niche. Yourproduct could be faster, bigger, smaller, or quicker than youcompetitor's product.
  5. Add on to an existing product. You could package your currentproduct with other related products. For example, you couldpackage a football with a team jersey and football cards.
  6. Reincarnate an older product. Maybe you have a book that'sout of print and is no longer being sold. You could change thetitle, design a new front cover, and bring some of the oldcontent up to date.
  7. Ask your current customers. You could contact some of yourexisting customers by phone or e-mail and ask them what kind ofnew products they would like to see on the market.
  8. Combine two or more products together to create a new one.For example, you could take a brief case and add a thermoscompartment inside to keep a drink hot or cold.
  9. Survey the people who visit your web site. You could post asurvey or questionnaire on your web site. Ask visitors what kindof products they would like to see on the market.
  10. You could create a new market for your existing product. Forexample, if you're selling plastic bottles to a pop company, youcould turn around and sell those bottles to a fruit drinkcompany.

I hope, that I have helped you

Sincerely

Anton Cheranev

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