Creating your own product for profit!
| Category: Business Development | Date: 2003-10-01 |
Creating a product is much easier than people think it is. A lot of people have been on the net a long time and are still marketing affiliate programs. Although I have nothing against affiliate programs, I just think it would be much more profitable for you if you created your own product and started your own affiliate program.
Think about how hard you work for that affiliate program you are promoting. Now dont you wish you had somebody like you promoting YOUR product? I bet you do. Look how far Cory Rudl came. He created a $27 book. He learned how to sell his book and then came out with a marketing course. He now has one of the most successful affiliate
programs on the net. Thousands of people advertise his site for him everyday. Can you create something worth $27? So how do you create your own product Wes? Well ask yourself what you are good at. Can you cook? Are you a good speaker? Do you really know how to save money? What are you good at? If you have one thing you are really good at that other people would be interested in,you can have a great product.
If you dont have anything your good at, then think of friends that you have that are good at something.
Heres an example:
I cant cook worth a hoot, but my mom is one great cook and I have 2 friends that are head chefs in good restuarants. Right now I have them working on a "Kitchen Tips" booklet. Now this wont sell for much, but it is a 2 step process.
I would sell the tips booklet for about $5 and make a $3 profit on each book. The plan is to sell them by the hundreds and keep every customers address. Once I have a big enough database, I come out with a cookbook from my friends and mom that sells for $39. See where im going here? If they bought a $5 info packed tips booklet, they might think "Wow I wonder how much great info I would get for $39."
Creating a book isnt the only way to go. If you know somebody that has a great talent in a specific field, do an interview with him/her and record it. Now you have audio tapes.
Have somebody else build you a product. There are plenty of programmers out there that would build you something you could sell,as long as the programmer gets some money out of it. Either buy the resell rights, or give him/her a percentage of every product out the door.
I knew a guy who used to go to business seminars every weekend. He kept telling me how good they were and that if only he could have their information in a book, he could sell it and make a fortune. Well I told him to go buy some video equipment and get to the seminar early. I told him to ask the speaker if he could video tape the seminar,duplicate it,and resell it. He did and the speaker said yes but I want 20% of all profits. Thats pretty reasonable if you ask me. They wrote up a quick contract and there he was, sitting in the back of the seminar with his video camera. He made 2, two hour tapes on business building and sold them for $69.
Think you could gather up enough info to charge for a monthly newsletter? You could become your own internet researcher and put together a 2 page report on a specific topic in a niche market. You dont actually have to know anything, you just have to find information about that specific topic and make sure that it is something people want to know about. You could charge $1 per month for a subscription. You might be saying "1 dollar, is that it?" Well would you pay me $1 a month to get this newsletter every week? I have about 3,500 subscribers to this newsletter. If I got $1 out of you, I would make $3,500 per month. Thats not bad at all for writing about something I like. Hell, I havent even let out the big marketing secrets yet.
This is just the tip of the iceberg when creating your own product. So reread this article and think of a product you could make that people would want. Now get off your butt and put it into action. You will thank me later.
See you at the bank
About the Author
Learn how to track your ads effectively with my new ad tracker. Track how many hits you send to people who wish to advertise with you. Track the traffic you send to your favorite affiliate program.
Use the tracker to track ads from classifieds, BBSs, forums,
newsgroups, ezines, FFA pages, and more!!
muchsuccess.com/cgi-bin/tracker.cgi?tra
To Check it out see details below.
webmaster@muchsuccess.com
http://www.muchsuccess.com
Think about how hard you work for that affiliate program you are promoting. Now dont you wish you had somebody like you promoting YOUR product? I bet you do. Look how far Cory Rudl came. He created a $27 book. He learned how to sell his book and then came out with a marketing course. He now has one of the most successful affiliate
programs on the net. Thousands of people advertise his site for him everyday. Can you create something worth $27? So how do you create your own product Wes? Well ask yourself what you are good at. Can you cook? Are you a good speaker? Do you really know how to save money? What are you good at? If you have one thing you are really good at that other people would be interested in,you can have a great product.
If you dont have anything your good at, then think of friends that you have that are good at something.
Heres an example:
I cant cook worth a hoot, but my mom is one great cook and I have 2 friends that are head chefs in good restuarants. Right now I have them working on a "Kitchen Tips" booklet. Now this wont sell for much, but it is a 2 step process.
I would sell the tips booklet for about $5 and make a $3 profit on each book. The plan is to sell them by the hundreds and keep every customers address. Once I have a big enough database, I come out with a cookbook from my friends and mom that sells for $39. See where im going here? If they bought a $5 info packed tips booklet, they might think "Wow I wonder how much great info I would get for $39."
Creating a book isnt the only way to go. If you know somebody that has a great talent in a specific field, do an interview with him/her and record it. Now you have audio tapes.
Have somebody else build you a product. There are plenty of programmers out there that would build you something you could sell,as long as the programmer gets some money out of it. Either buy the resell rights, or give him/her a percentage of every product out the door.
I knew a guy who used to go to business seminars every weekend. He kept telling me how good they were and that if only he could have their information in a book, he could sell it and make a fortune. Well I told him to go buy some video equipment and get to the seminar early. I told him to ask the speaker if he could video tape the seminar,duplicate it,and resell it. He did and the speaker said yes but I want 20% of all profits. Thats pretty reasonable if you ask me. They wrote up a quick contract and there he was, sitting in the back of the seminar with his video camera. He made 2, two hour tapes on business building and sold them for $69.
Think you could gather up enough info to charge for a monthly newsletter? You could become your own internet researcher and put together a 2 page report on a specific topic in a niche market. You dont actually have to know anything, you just have to find information about that specific topic and make sure that it is something people want to know about. You could charge $1 per month for a subscription. You might be saying "1 dollar, is that it?" Well would you pay me $1 a month to get this newsletter every week? I have about 3,500 subscribers to this newsletter. If I got $1 out of you, I would make $3,500 per month. Thats not bad at all for writing about something I like. Hell, I havent even let out the big marketing secrets yet.
This is just the tip of the iceberg when creating your own product. So reread this article and think of a product you could make that people would want. Now get off your butt and put it into action. You will thank me later.
See you at the bank
About the Author
Learn how to track your ads effectively with my new ad tracker. Track how many hits you send to people who wish to advertise with you. Track the traffic you send to your favorite affiliate program.
Use the tracker to track ads from classifieds, BBSs, forums,
newsgroups, ezines, FFA pages, and more!!
muchsuccess.com/cgi-bin/tracker.cgi?tra
To Check it out see details below.
webmaster@muchsuccess.com
http://www.muchsuccess.com
Copyright © 2005-2006 Powered by Custom PHP Programming