Product Creation -Why?
Product creation is absolutely essential if you are serious about making real money online. It is literally the key to a successful Internet Business..
That's not to say there aren't exceptions of course, but if you look at those who have had success and made fortunes on the internet, a majority of them made it because they bit the bullet, and created their own product, and sold it for profits.
You’re Product, You Have Control…Creating your OWN product gives you control, you are the owner and have the ability to:
- run the show
- decide how, when, where to use the product
- control the sales process
- make any changes you want
- control the price
- control the marketing
- control product development
- sales copy
- design sales page
- deign landing page
- design squeeze page
- add to the product
- improve the product
- offer rights to you product such as PLR,
- in fact you can do anything with it, it’s yours.
If you have knowledge of a particular subject you have the basis to develop a product relating to that subject.
It is really important when you develop a product that you provide something that will benefit the people in your niche market, therefore you do require knowledge of your subject. The longevity and your ability to provide a service to your customers requires that you have a good knowledge of your subject.
It does not mean necessarily you have to be an expert initially, but you will find that by developing your knowledge further you will be in a position where you are able to produce more products, and provide better information to a point that you can be considered an expert.
Building your knowledgeOne of the great things about the internet is that there is information on just about any subject, and this gives you the ability to improve your knowledge exponentially for virtually no cost, so if you have found your subject/niche then search the information available and learn.
This can give you four things,
- It will increase your knowledge of your subject
- It will give you an insight into the subject and open potential markets for you to explore within your subject
- It will give you potential material to use to form your products
- It will enable you to find out what others are doing in your market
Warning; Do not copy other peoples work, use it to learn only, write your own version of any material on your subject in your own words. You can be sued for copyright infringement.
So, what products can you develop?- eBooks
- Training programs
- Consulting
- Video course
- Audio series
- How to article series
- Membership sites
- Coaching programs
- Develop software
- Write instruction material on specific subject
.Even create a package that include several of the above, it is important that you give value to your customers to be able to get them to part with their hard earned cash and to keep them interested.
Providing a quality product that people in your niche want makes it easy to have people part with their email address and build your list.
The ultimate aim is to build a list, so remember this, "The Money Is In The List".
Be creative and think outside the box, be brave and don't be put off your vision.
Recent Comments
2
I agree the money is in the list but producing products is a lot of work. Don't you think it is better to start with other people's products before developing products?
Cheers Kev
Great into :)