How To Prepare Your Internet Business For 2008 - Part 2 : Tap Into 2008 Hot List

By Kenneth Foo 

 

Will you still stay with your old niche for 2008? Just by stepping into the hot market in 2008 might explode your business. How can you gain profit through this hot list?

This information might not be 100% accurate but the point here is to give you an idea how to bring trend into your website.

1. Turn into a niche : Build a content website or write a blog that covers information from the inside out about the hot business. People will start to put their eye on certain business when it’s growing and surely the online searching for the information will increase too.

“Wine” are being listed for 2008. Perhaps you can write a blog about wine if you are familiar with the industry, your website growth are pretty much effected by the trends going on.

2. Start selling online : Over billion of sales made on the internet nowadays, if you can find a way to sell one of the product that is hot in 2008, you might become the next instant millionaire.

2008 Hot List

Wine

Whether sealed with a cork or a screw cap, consumers can’t get the tops off of wine bottles fast enough. Continuing its popularity, wine has gone mainstream and is being sipped, savored and outright guzzled at such a rate that by 2010, the U.S. could actually uproot France from its perennial seat as the world’s largest wine consumer, according to the Wine Market Council.

Beer

Ask industry experts what’s brewing and you’ll get a stout response: craft beer. The volume of craft beer sold in the first half of 2007 rose 11 percent compared to the same period in 2006, and dollar growth increased 14 percent, according to the Brewers Association. “People like the taste of hand-crafted beers that deliver unexpected flavors,” says Keith Villa, a brewmaster at Coors. Beer writer Stephen Beaumont credits the growth of craft beer to the trading-up phenomenon that is raising the bar across all industries.

Special Needs Food

Think simply having organic, fair trade or nutritionally enhanced menu items means you’re ahead of the game? Think again. There’s a growing category of special needs food that means adding terms like gluten-free, low-glycemic and allergen-free to your vocabulary–and your offerings. Anheuser-Busch has even contributed to the movement with Redbridge, a gluten-free beer.

Upscale Frozen Desserts

Consumers are taking a liking as they take a licking of upscale frozen desserts. Ice cream, gelato, frozen yogurt and even shaved ice concoctions are keeping customers cool as the industry heats up.

Senior Products

As Americans age, they become more concerned about brain health. Five million Americans already suffer from Alzheimer’s disease, and that number is expected to rise to 16 million by 2050, according to data from The Alzheimer’s Foundation of America. Naturally, products that help seniors keep their mental edge are growing in popularity.

Web Apps

What dotcom bubble? Today’s web application companies are lean, mean services and advertising revenue-generating machines. Entrepreneurs are starting businesses armed with little more than a big idea and a credit card. But when it comes to really making a mark on the web, it takes business smarts, a flexible development approach and some intelligent marketing. “What we see now is a huge increase and adoption of web apps that are equivalents of business or consumer apps that you used to install on your PC or Macintosh,” says Jeff Clavier, managing partner of SoftTech VC. This category can include typical office applications and widgets that work with social networks, as well as accounting and CRM-style web offerings.

The social media and networking space may seem crowded, but there’s still room for startups to make their mark. Clavier suggests social media entrepreneurs ask “how [they] can deliver value to a very specific demographic that has some passion or need and do it in a clever way that will have some element of viral distribution.” Clavier also sees a lot of opportunities to get involved in web infrastructure and online gaming applications: “There is a lot of potential value that has yet to be unlocked. The web is now a valuable commerce and distribution platform where it’s cheaper to build and easier to make money. It’s worth a shot.”

These hot businesses are bigger than ever. Here’s what makes them fresh.

Upscale cupcakes: What started in Los Angeles and New York City is making its way inland. Look for exotic or superindulgent flavors like passion fruit and cappuccino.

Online gaming: One in three adult internet users is a gamer, and many of them are female. Blood, guts and guns are out; smart, fun puzzles are in.

Home automation: This $3.8 billion industry is getting attention with greener systems that control lights and sprinklers. Integrated electronics and entertainment packages connect with plasmas and flat screens in each room.

Home party sales: In an industry that’s shown steady growth for 20 years, customers still want personalized shopping experiences. Personal-care and home/family-care products are the most popular, but there are plenty of other options, too.

Pets: Healthy, organic and environmentally friendly products are hot, as are diets for overweight companions. And don’t overlook baby boomers with pets.

Sarbanes-Oxley compliance: An aging work force means a shortage of experienced accountants who can help companies comply. Expect hiring frenzies for seasoned staffers.

View The Complete List - Entrepreneur.com

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