Type of products in business opportunity II

Intangible product

What I mean with intangible product is something unphysical that brings benefit to other. What kind of product would that be? Let’s take “information” as one example.

Sometimes people find some difficulties starting their own business just because lack of information. They just don’t know where to start, where to get the product, where to market it. They don’t know what kind of business would be a good opportunity to start with. In this case, they need information.

If someone needs information and you, on the other hand, have that information, then you can start your business. The information that you have is your product or merchandise if I may say so. This is something you can sell. Newspaper is a good example for the kind of business that sells information as their merchandise.

So, start to think what information that you have and valuable enough for other people. Then you have your business.

Service

You can do something valuable to others and gain some money from your service. This is a business too. Just like selling products or selling information, you can also sell your ability. The more specific your ability is the higher money you will get.

You can also market your ability to do something useful to other (my simple definition for service) by using the internet. You can share whatsoever your ability is, how this ability can give benefit for your prospective customer, how to reach you and so on all through the internet. After that you just wait people who interested to contact you.