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If you want to make serious money online, then you must do the proper market research. The problem with most people in internet marketing is that they do not do market research. As you know, market research is just like the foundation for your business. In order for your online business to go long, you must take steps to do market research.

A lot of people do not know how to do a market research. Below are 3 simple market research steps that you can follow:

1. Determine the profitability of your market. I believe that you don't wish to go into a market where the people are not willing to spend money right? Therefore, you have to find out the profitability of your market. By going through websites like eBay and Amazon, you will notice if there are any hot products in your market. If there are, your market is a profitable one. Another simple check is using Google. Search for your market, if there are sponsored ads; it is a profitable market because people are willing to spend for advertising.

2. Know your market competition. You have to find out the competition of your market. Competition is going to affect your marketing process in your online business. If you are going into a very competitive market, you have to spend more money in advertising, provided all things being equal. That is why it is better to go for a less competitive market. Find out this by using search engine. The results shown in search engine can be assumed as your market's competitors.

3. Identify a market that you have interested in, and make sure that you have some knowledge and skills in that market. It is always a wise choice to go into a market that you are familiar with. If you are going into a market that you are not familiar with, you will have to spend more time learning everything about the market. So it is better to go for a market that you are familiar with.

These are the 3 simple market research steps that you must take in order to make serious money online. Make sure that you know what you are doing. In case if you are still unclear, read more and learn more. The only path to success is by constant learning and taking massive action.

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If you don't act on this information today you may never get the opportunity to take this life changing step again. Just follow the link and start your new life today!
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Each and every day, people just like you and me earn money by filling out online surveys.

There is no better way to earn extra money online! Work from the comfort of your own home, and set the hours that you want to work. You have complete control over what survey opportunities you want to accept.

Companies are always interested in gathering feedback on new products and services. They want "ordinary" consumers to voice their opinions on new products before they are released to the general public. Your opinion is valuable. Market research companies get paid by corporations to collect consumer data on various products and services. That's how they get paid. These market research companies in turn pay people like us to share our opinion of products and services.

A consumer's opinion counts no matter where in the world they may reside and companies are reliant on getting feedback from the public. There are so many paid survey websites to chose from, the consumer needs to be careful they look for the pitfalls that may be waiting for them online and must carefully consider the paid survey sites they chose to use.
Not only do you have the opportunity to get paid well for your valuable opinion, but you also get to influence how products are designed and sold; that's the power of market research!

And best of all, you will have fun doing it because you are in control of what opportunities you accept. Open your email each day and be amazed at the number of survey invitations you will receive; it still amazes me, and I've been doing it for more than five years!

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Click to find more about Cash Paid Survey

When it comes to making money online, most newbie's get funneled into the "made for AdSense websites" direction by various guru's and self proclaimed experts who claim that simple AdSense websites will make you a fortune with very little work. Sadly, this is no longer the case and it's taking more and more work make money online these days.

The true secret to making money online consistently is to give people what they want, and more. This may sound like basic marketing advice and well, it is. The very basics of marketing have always worked and will always work. It is simple - if you can give people the advice, information and reviews they want in an easy to digest manner then you are providing a valuable service to people. When you provide a valuable service to people, they pay you for it.

So what are some of the extreme ways of making money online? Let's think outside the box a little.

Scenario 1: Move from promoting other people's products to creating YOUR OWN products!

Affiliate marketing is when you get the cut of a sale as a customer purchases a product through your special affiliate link. This can be anywhere from $1 up to thousands of dollars depending on the commission rate and the price of the product. Generally it is in the $20-$50 range.

Think about what happens when you promote someone else's product. You are literally handing them customers. They do not have to advertise as you are doing it for them. You may also be reviewing their products, reporting on their latest products and even paying for online advertisements whilst they sit back and watch YOUR customers give them money!

Whilst this is all well and good, imagine if you could get 100% of those sales and keep the money for yourself? It is not as hard as you think. You simply need to come up with a BETTER product than your affiliate merchant. If the merchant is selling a digital product such as an ebook, consider doing it bigger and better by creating videos, audio and even an entire DVD course. Compared with an ebook, you are adding exceptional value and consequently building your own customer base that will serve you well into the future.

Scenario 2: Using Social Networking as a Marketing Platform

YouTube, Facebook, MySpace and other social networking sites are highly popular, but have you ever thought of using them as a marketing tool rather than just for fun?

There are literally millions of people using these sites and most of them blatantly advertise what they love. This is a marketers dream as you can target specific segments of the market using fun viral tools like video, viral games and applications and other methods. Viral marketing is incredibly powerful and these social media websites make it easy to take advantage of this new extreme way of reaching new markets.

Extreme methods of making money online will have you thinking outside the box and earning more money than you ever thought possible.

Raine Madison is a Senior Writer at XWD.com You can learn and read more about Raine Madison's write-ups and brilliant tips that gets you ahead of your competition at http://www.xwd.com where you can compile the various types of information you need to design an effective, comprehensive, and user-friendly company Web site.

The US FDA has decided to implement the "Pedigree provisions" of the Prescription Drugs Marketing Act after December 2006, when the current stay on it expires. There is a lot of concern that many pharmaceutical supply chain participants, may not be able to meet this deadline and hence risk non compliance with the provisions of the act. This pharmaceutical article is excerpts from the RFID technology white papers written by Sangeeta of Abhisam Software. The RFID technology white papers attempts to present an RFID Systems solution to ensure timely compliance and get added side benefits in the process.

Problems with the present pharmaceutical supply chain: There are two major problems with the present pharmaceutical supply chain model of the pharma industry, as it exists today. The first one is not of counterfeiting, but of diversion. More details will be explained in in the background information below and in Sangeeta's RFID technology white papers, but some highlights are below.

Drug diversions can be of two types. Drugs meant for Medicare or Medicaid programs, public hospitals or charitable institutions, are diverted to the open market. Unscrupulous persons sell prescription drugs or "controlled" substances to consumers, without proper prescriptions. Counterfeiting (by FDA definition) Dummies/ Placebos, which means that there is no active ingredient at all Products with a lesser quantity of active ingredient than stated Products with the wrong active ingredient Products with a packaging that wrongly suggests that it was made by an FDA approved manufacturer To give you an idea of the scale of the counterfeiting just one of these cases involves $42 million of counterfeit Lipitor. Other high value cases include a case involving a $200 million nationwide drug diversion conspiracy and a $45 million Medicaid fraud involving diversion of blood products.

The FDA's solution to the problem: The FDA's vision of a safe and secure pharmaceutical supply chain is based on transparency and accountability by all participants in the (prescription drugs) pharmaceutical supply chain. The FDA had nominated a task force to study whether this system could be implemented with the currently available state of the technology.

They came to this conclusion after studying the various technologies currently commercially available, which could meet the pedigree requirements, including RFID or Radio Frequency Identification technology. Amongst all technologies studied including bar coding, RFID seemed to be the most promising and the committee felt that the pedigree requirement could be met by easily leveraging something that is readily available. (More details in the complete RFID technology white paper "RFID-FDA-Regulations.pdf" referenced below)

How the pharma companies can approach this issue: The million dollar question is "Who can ensure an ROI on this RFID technology, especially after millions have already been spent?" Even if a full scale RFID implementation were done now, how can it be done fast, before the December 2006 deadline?

Rather than resist implementation of a pedigree system built on RFID systems , pharmaceutical supply chain participants must realistically estimate the costs of investment in the technology, the real cost of counterfeits and the returns on a foolproof RFID based "track and trace" system. The RFID systems will virtually eliminate the counterfeit pharmaceutical market at one go. Secondly, it can ensure that drug recalls can be done swiftly without any ambiguity. This has been demonstrated many a times. Thirdly, the RFID systems need not cost too much.

How wholesalers and traders can implement track and trace: Ditto for other pharmaceutical supply chain intermediaries. They can simply join the same global system outlined in the RFID technology white paper that is currently in place and implement the electronic pedigree system easily. The only investment would be in the RFID readers and middleware. Even these can be bought in bulk by their associations at negotiated prices and implemented. This solves the issue of RFID standards too, since all participants would be using similar kinds of RFID readers and RFID software.

Beneficial Side effects of the implementation: In addition to combating pharmaceutical counterfeiting and diversion, pharmaceutical wholesalers, traders and retailers, get the added benefit of looking into their businesses and track the movement of prescription drugs with full transparency. This will no doubt yield added benefits of inventory optimization, demand forecasting and increasing their knowledge of what is selling and how fast.

RFID Implementation issues:

To implement this system fast, before the deadline of December approaches, it is essential to train all stakeholders (pharmaceutical company personnel, wholesalers, traders, retailers and others) fast but, at a competitive cost. However, the present cost of classroom based training is expensive, besides having other related costs like travel and hotel stay. A better system would be to go for a vendor-neutral e-learning program, which can be deployed immediately and across several locations simultaneously.

This has the effect of bringing up all staff, to a level necessary for them to implement an RFID based pedigree system. The e-learning program should cover all aspects of the RFID technology including the history, advantages over traditional automatic identification like bar codes, practical RFID systems, RFID standards and middleware as well as other issues like RFID privacy and RFID security. It should ideally also offer a self assessment and a glossary. We believe, that deploying such a program, across many companies is the only option to effectively train hundreds of people, in a cost-effective manner, so that the actual implementation of the system can be done smoothly. It is essential to bring all people on board, make them understand this RFID technology better and only then talk of implementing it.

Conclusion:

RFID track and trace is a technology whose time has come. It not only will meet the FDA requirements for compliance but also prevent pharmaceutical counterfeiting (lost opportunity sales of genuine drugs), prevent diversion, optimize pharmaceutical supply chains as well as fulfill social responsibilities of the pharmaceutical industry fraternity.

Training large numbers of people in a short time, is not a problem at all since a vendor-neutral, technology and implementation focused e-learning program is now easily available.

By Sangeeta Phadke

Some Additional Background Information ...

Pharmaceutical distributors Background : The Prescription Drug Marketing Act (PDMA) was signed as a law, as far back as 1998 but a number of amendments introduced later, finalized the pedigree requirements only in 1999.

The pharmaceutical industry, essentially requesting them to the act "put on hold" , citing several reasons for this, one of them being "the technology required for this system is unproven and not in place." The FDA patience finally wore thin. Therefore it was decided that they will allow the current stay on this act, to expire in December 2006.

This may not be a big problem for the pharmaceutical manufacturers, but it could be a really big problem for supply chain intermediaries like distributors, pharmaceutical wholesale suppliers and traders, who may not know much about "electronic track and trace" technology, which is necessary for the compliance. Sangeeta's RFID technology white paper attempts to explain how this RFID track and trace system can be implemented and how it will be beneficial in the long run to all sections of society- pharmaceutical companies as well as intermediaries and ultimately the end users.

Understanding the pharmaceutical supply chain: The lay reader may assume that it is like any other supply chain, which brings goods from the manufacturers' factories to the retail shelves, but it is not so. The pharmaceutical supply chain is inherently different in its organization. For the pharmaceutical business, the pricing for each end user is different. Therefore a typical hospital gets these drugs at lower rates than does a corner pharmacy. There are programs like Medicare and Medicaid where the procurement prices are different than for someone who buys the same drug at a corner pharmacy. The pharmaceutical distributors diagram to the right shows some of the various flows of prescription drugs through the pharmaceutical supply chain.

This article was published in collaboration with Sangeeta Phadke by Business Industrial Network. http://www.bin95.com/

Thank you for your interest.