How To Create Your Own Product

How to Create Your Own Product 1 - Research and Outline

How to Create Your Own Product 1 - Research and Outline

How to Create Your Own Product 1 - Research and Outline

   1.0 INTRODUCTION 

 Creating your own product available to your market is out and away, a far better plan, however it's some professionals and cons.

 2.0 OBJECTIVES 

 To give details procedures involve in creating an info products
 To provide capable links to create this attainable 
To encourage learners to use this ecourse to arrange and build their 1st info product 

3.0 MAIN COURSE

 When you are close to begin an online marketing business, 2 things can promptly come back to your mind. 

 The two things are: 

 are you reaching to sell your own products, and render services directly from your own self hosted web site 
or sell somebody else product and services?

 In other words, what are you reaching to sell to your customers? 

3.1 begin with info Product

 Let ME assume that your answer is that you wish to sell your own info products. you'll not wish to begin with a service like internet hosting or web site design service as you'll not be a Technical person (AKA a Techie). 

 Hopefully, you'll get to that purpose sometime, if that's what you would like. except for currently it's a decent flay of knowledge to offer an info product for obvious reasons - it's a better, quicker and extremely profitable approach to on-line business.

 Creating your own product available to your market is out and away, a far better plan, however it's some professionals and cons:

 3.2.0 The pros 

 The Leverages 

Internet offers the best leverages currently for any business than had ever existed in Industrial History until date. 

If you've got not done therefore previously, please hurry, find and read the book 'Retire Young, Retire Rich' by robert Kiyosaki, and you'll perceive the above statement more. 

 This simply suggests that additional leverages, additional profits at shorter amount for your business. 

 Global Marketplace

 Having even one digital product to sell to the entire world is profusely over enough to pull you out of the woods - i.e. if you recognize what to try and do.

 Infact, it's knowing the method that actually matter during this business, which is what you ought to pay rapt attention to find out in these your formative years during this business. 

 After that, the remainder is history, and it's you that's reaching to produce or rather, recreate that your life history. 

 Deploying the ability of world Alliances

 By means of Affiliates who provide their lists and experience to serve you in marketing your product(s) for gratis. Better Kitted for success on a worldwide Dimension Talking regarding the abilities and knowledge you gain within the method, you're among the most effective, on a world scale, not simply a local champion and not only for a short time except for spent amount of any predictable future. are you able to beat that?

 You Become a extremely Marketable skilled 

You can currently build additional and additional merchandise quicker once the initial experience. Your will try this for yourself and others if you want to. 

Robust Resources for Premium Sales 

Your initial product will simply be change into different forms for sales at higher costs - Audio, eBook, Membership web site, etc.

 Residual financial gain Extraordinaire 

You just produce it once and sell over and once again, with few and rare revisions once necessary to stay up with technological development within the marketplace. 

High returns on investment Such that is rarely detected of in the other industry. Most of the time, when done, correctly, it always brings in on an identical basis, over 100% returns on investment (ROI). 

There are such a big amount of alternative benefits to be enjoyed by a digital product owner, however allow us to simply break here so we will specialise in alternative connected issues. 

 3.3.0 The cons 

 3.3.1 the learning Curve

 This will value you to a small degree additional in terms of your time and cash. 

But, it's realizable. 

 3.4 A happy begin 

 If you're knowledgeable otherwise you have a high in demand talent set, you'll be able to simply begin by marketing some helpful recommendation on that on-line.

For instance, you'll be a Tailor, Seamstress, Organist, Teacher, Nurse, Doctor, Engineer, Accountant, etc. Do marketing research on the aspects of your profession that folks are looking for additional info with the tools that we mentioned in chapters two and three of this ecourse. 

 Use those results of your marketing research to create your own product as we shall discuss during this and subsequent chapter.

 A teacher might as an example decide to own an internet site and teach the entire rather than simply his classroom members. Look within the direction of any of the subsequent courses that are already in high demand globally: 

 beauty tips, 

language lessons - French, German, Russian, Chinese and even English. 

 Remember, our world has become a worldwide village, there's thus a really high demand for these lessons worldwide.

 A Nurse will teach Health with special bias on Natural Remedies. Most ailments that became anathema in Western (Orthodox) medication are resolved with the assistance of those natural remedies. Thus, info on natural cures for cancer, diabetes, arthritis, etc. are selling like hot cake on-line currently. 

 We have noted somewhere that as way as info marketing is bothered, the massive 3 areas are Health and beauty, Love and Relationship, and the way to create money. 

But this doesn't mean that information don't seem to be selling in alternative areas, or that folks don't seem to be creating a living on-line selling alternative products outside the massive 3. as an example, an Engineer might resort to Technical Writing. 

those who don't seem to be even Engineers do well in technical writing. In your own country, what's this challenges that folks have? keep in mind your info product isn't meant to be all regarding you, however to assist those who get them to resolve their immediate issues.

 Some individuals in your country wish to travel abroad, learn baking, get overseas education, do rice farming, do importation, export cassava and garlic, learn computer programming, web design, SEO, decoration, etc., etc.

 Please note that to minimize delay and confusion of what product to sell, you want to 1st of all decide if you would like to begin selling at the native or foreign market. 

There are an entire world of variations in each marketplaces. 

 Again, you do not ought to be an expert. 

 Just resolve what individuals wish and assemble info that satisfies that specific wish and provides it to them at a profit. 

 3.5 Remember, 'Everything could be a Remix' 

 Google for 'Everything could be a Remix on Vimeo' and watch the web video. 

Also keep in mind what Steve Jobs said: 

 'Good Artists Copy, nice artist Steal. we've got invariably been unashamed regarding stealing nice ideas' - Steve Jobs, 1994. 

 This boils down to: creativeness + innovation(s) = invention(s). 

 Again, let's check out it this way, the basis of modern day info and communication industry started with the invention of: 

 Telephone, then,
 Radio, then, 
 Telegram (telegraph), then, 
 Black and white tv, then, 
 Coloured tv, then, Satellite tv, then, 
 Mobile telephone, then, 
Mobile satellite TV (in mobile phones and PCs), then, 
 Mobile personal and public satellite Video (TV) Channel e.g. YouTube 
 Mobile personal and public satellite Radio Channel (in mobile phones and PCs), then, 

And so on so forth... additional abound that I even have not mentioned here, and plenty of additional are nonetheless to come.

I am not regarding the order of that one came 1st, i'm leaving that to the students of history and philosophy of science, however my issues are: 

 the property of the fundamental idea* + the most new idea**, 
 the creativity, 
 the innovation and
 the 'invention mix' (as within the 'market mix').

 And, it all started with GRAHAM BELL's telephone. 

 In fact, if you scour the web, you'll discover that, it absolutely was not Graham Bell that originally fictional the telephone, however the court, United States and history at massive simply credited it to his name thanks to the wise and skillful innovations he additional to the first patent that created it commercially viable until date! 

(*The fundamental plan or the overall plan here refers to communication by the previous, usual and also the natural means.

 ** while the most new plan here refers to communication by the new suggests that i.e. the new discovered or to be discovered suggests that, within the case of telephone - communication by suggests that of electrical wires).

 That is what I referred to as 'stealing wisely' in chapter nine of this course: 

In our days - the twenty first century, you do not even need to steal, simply ask the specialists for a sample or complimentary copy and that they can merrily oblique. 

So do not be afraid to grant an previous info a new dress, shape or form. It might prove to be terribly helpful to you or a minimum of to the remainder of the individuals out there. 

 No, simply go and take a long-drawn-look at the marketplaces, the categories, the niches and also the sub niches and you'll discover profitable niches to play on. 

Sites like Nairaland, Hot Spot, ClickBank or JVZoo are smart places to start. 

 3.6.0 the way to take the type of Product that you simply wish to create

 Please note well what i need to mention currently. 

 It is what makes the distinction between a productive business and a troubled one. It conjointly applies to offline business, not simply web marketing only. 

 Do not sell what individuals don't seem to be searching for. resolve what they're craving for to use and solve their issues and fetch out or produce the knowledge product(s) for them and that they can merrily and repeatedly fork out their cash to you in exchange for the answer to their problem. 

Another way to mention this is: 

 People typically wish to shop for answer to their issues. they need a pain they need to alleviate, they need a sore or painful area in their live that they need to resolve as presently as attainable or they need A level of pleasurement} that they need to enjoy. that's the reason they are going on-line to hunt for solutions. 

 Thus, your product should be an answer to their sore or painful areas of their lives, or it should give the pleasure they have. It should relieve a selected pain(s) or provide them a selected pleasure(s) they were craving for. 

 That which alone is what is going to build them match down your web site in droves in look for your product. so far because it resolve the pains or give the required pleasure, they're going to merrily and repeatedly pay you for it. 

But , there's still in our own way of claiming this: 'in on-line business, first, resolve what individuals wish to shop for, then, realize (or create) the product and sell to them at a profit'.

 In practice, this is applicable in reverse order to offline business: wherever individuals 1st, realize or create the product before they started out to seek out a market to sell to. 

 Thus, this little distinction is what makes on-line business a extremely profitable venture compared to offline counterparts.

 By the time you end the process of obtaining your info product, the market is prepared, willing and even terribly hungry to buy it from you.

 3.6.1 Meet Specific need

  You Can make sure Your Product can Meet Specific want and convey in high returns by doing the following things:

 Conduct a Survey of Your Audience 

This is attainable if you've got an existing blog or Email list. If not, don't worry, there are several alternative ways to try and do this as we shall see next. 

On your blog comment or email feedback, ask them the kind of product that they're going to prefer to have, the format and also the topics they're going to like treated. find time to act along with your blog readers or members of your list. It are often terribly gratifying. 

 Scour the web for blog Comments and Forums on Your Niche Market 

Many people go browsing to speak regarding their issues and their cares. If there are many of us talking a couple of bound issue in a forum or blog, this suggests that products that resolve such matter can sell well. Some blogs and forum need signed membership for this very reason, therefore don't be afraid to sign up. don't ignore the social media within the process: Facebook, Twitter, Instagram, YouTube, Google hangout, etc.

 Read Between the Lines 

This an advanced ways. If you're already selling affiliate products on-line with success, then be careful the kind of products that folks buys frequently and build similar product of your own within the market. it'll sell like wildfire.

 Remember, everything could be a remix! 

 Not only during this business however altogether aspects of life, everything could be a remix.

 You can conjointly observe your blog for the foremost wide read articles so produce related products for sale. Then simply add your links to those popular products and you're smart to go.

 Showcase Your experience 

I have already talked on this within the previous paragraphs. As knowledgeable, if you've got a high-in-demand experience (e.g. a beautician, physical therapist, naturalist, etc.), then you'll be able to do marketing research to seek out out however individuals such as you are selling theirs on-line and follow suit. 

To avoid making a product which will not cause you to cash for your effort and investment follow these the 1st step by one and can you discover among them one, 2 or additional that you simply will follow through supported your level of experience. 

 Please return and follow the higher than steps one once the opposite to gain a marketable and profitable product(s). 

 3.7.0 begin along with your Most Convenient methodology

 Audio - you'll be able to simply read out or dictate or speak what you propose to put in writing in a standby microphone in a silent surroundings wherever there's no background signal. At the top what you've got is an Audio product that you simply will sell anyplace round the globe. 

Audacity is one in every of the most effective tools for doing this, Google for: audacityteam.

 eBook - later, repeating out the content of your audio product into a pc software just like the Microsoft word (Open office, it is a FREE software, simply browse and acquire it on the net) can produce an eBook for you.

 To sell it on-line all you wish is to show it into a conveyable Document File (PDF) and it becomes a scalable product. additional on this in a whereas. 

Video - in most a part of the planet, those who wax music for the primary time sometimes begin with an audio CD and later a Video CD and progress to alternative formats as well as FLAC, MP3, WMA, WAV, etc. or the other way around. Did you ever ask, why? 

Convenience, price and preferences. 

 Camtasia Studio is one of the most effective and business normal today for on-line video. however you'll be able to even begin along with your smart phone and upload the videos onto YouTube and it'll be acceptable whereas you're creating cash to accumulate overpriced camera or learning the way to use on-line software like Camtasia. 

 3.8 alternative Product Forms

 In the end, your product should take such a big amount of forms so you'll be able to sell it in numerous markets in response to the market preferences. 

 Such forms include: 

 Audio training 
 Video series 
 Questions and answers
 Membership web site with new contents additional monthly
 eBooks 
 Coaching supported by telephone calls, 
 Emails, 
 Skype, 
 Webinar, 
 Short reports, 
 Assignments,
 Templates,
 Continuity programs - weekly, fortnightly, monthly, quarterly, bimonthly, etc.
Workbooks, 
 Swipe files, so on so forth.

 Suppose you would like to begin by making your own digital product currently, however does one start?

 3.9.0 the process 

 Below is an example of steps to follow in your info product creation process: 

3.9.1 Do your marketing research

 Google Keyword Planner, Market Samurai, and Longtail professional, Nichebot are the most effective tools within the marketplace for this task. I even have already mentioned in one in every of this course the way to use a minimum of one of them. you'll be able to Google for others. 

 3.9.2 Sourcing for Marketable info 

 To make product creation lots easier for many inexperienced horns and even topflight knowledgeable about business executives, there are moral ways in which you'll be able to supply for info to create your new products. 

 Such ways include however not limited to: 

 Private marketing rights 

Just kind that into your browser and you'll realize multiple sites to decide on from. sometimes you purchase and rewrite them as your own product and add your own angle to the product. keep in mind this product is sold to several individuals and not solely you, therefore endeavor to shine it to create it distinctive. If you're using free merchandise for this, perpetually endeavor to visualize out the rights, to avoid legal problems within the future. 

Interview specialists

 Find out specialists in your field and interview them. you'll be able to then use transcription services at Fiverr, Upwork, etc. to put in writing them call at any type that you simply wish. 

Compile popular queries and provides answers

 You can try this by yourself when a novice in your market niche. you'll be able to conjointly use freelancers at: Peopleperhour, 99designs, Craiglist, Toptal, etc.

Permissible thefts 

Go to EzineArticles.com and browse for your popular categories. download about fifty articles in your chosen niche topic and compile them into an eBook. you'll be able to cite them in bits and items and spice the reserve with some Vimeo or YouTube videos.

 This is legal to this point as you retain the authors' resource boxes intact. keep in mind to insert link to your web site as you introduce the topic matter, turn it into PDF and sell. 

 Record people seminar and reprocess 

You can facilitate a friend record his seminar on the agreement that you simply can use it conjointly to promote your own products. Your phone or your camera will do the job low cost for you, no want for knowledgeable photographer. 

Set up webinars and teleseminars

 You need some expertise and confidence to try and do this, albeit it's not a tough factor. you'll be able to skip this until after you have enough cash to rent skilled to assist you within the process. There are free and paid services to decide on from. The free ones are: 

Google hangout, zoom, bigbluebutton, join.me, meetingburner, mikogo, zohomeeting, webhurdle.

 Anymeeting and gotomeeting are paid service, however they even have free trials for brand new clients. 

 Screen capture your skills using your pc 

If you would like to show your skills to on-line audience, this is often the well-liked approach. 

There is a free tool you'll be able to use for this: screencast-o-matic

 Adapt a productive eBook into another language 

China could be a world destination currently for world trade. realize a book, acquire the proper and adapt it into Chinese and it'll sell like hot cake. you'll be able to conjointly try this with alternative books and alternative languages. 

This is known as Transcription service. 

 3.10.0 The Act and also the Art of making Your Own Product 

 3.10.1 Write out your product outline

 Start with major topics that you simply would discuss in your eBook, then write out the bullet points underneath every topic. As you fill in easy explanations in between the foremost topics can later become the chapters, whereas the bullet points can become the sections and sub sections of the book.

 3.10.2 Write the eBook fully 

 After the initial rough or manuscript as some might prefer to call it, undergo the product once more with the aim of crossing the tees and dotting the ais. conjointly read the entire plot with the aim of guaranteeing Mechanical Accuracy and a few congruousness within the points given. 

 Some individuals might take issue on this by saying that you simply mustn't aim at perfection, there's truly no prefect product within the market because the web world is usually dynamical in a very fast rate. 

 But i'm not advocating perfection here, however would like to clarify the fact that there's invariably a growing competition within the marketplace and most victims are poorly and unduly precipitous products. 

 If you found it additional convenience to begin with the Audio format, you'll be able to conjointly use this software to get each Audio and eBook copies delivered to you on-line at an equivalent time at: 

 dragon speech recognition software

 3.10.3 flip it into PDF

 From your Microsoft word (Microsoft Open Office), you'll be able to simply convert your eBook into a PDF format. PDF could be a globally on the market software that's usable altogether varieties of computers.

 This is best to try and do as you'll be sending your eBook to totally different individuals in several parts of the planet. different individuals in several environments are oriented to different software, therefore it's sensible to own your eBook in a typically acceptable format that satisfies these world markets.

 Henceforth, think and see your business as a world venture. 

 3.10.4 create Your eBook lovely

 It is over a standard sense to notice here that if you add a beautiful eBook cover to your product, you'll attract additional sales than if you only sold it as a normal PDF.

Period. 
 If you do not know how to try and do this yourself, use the services of specialists on-line at ebookbaby, myecovermaker or maybe at Fiverr. 

 3.11 Write the e-mail Swipes

 Email swipes can form a part of your marketing materials.

 See yourself currently as a vendor in one or additional of the Affiliate Program sites like ClickBank or Affiliate network like Commission Junction. 

 Email swipes are follow up emails that you simply and your Affiliates are going to be using to follow up your prospects. it's famous that almost all individuals will not get from you till you've got been in-tuned with them for regarding seven times. move and write them currently. 

 3.12 produce and found out the Sales letter 

 A Sales Letter is your secret sales machine and also the untiring salesman. 

This is reaching to be the page that you simply are planning to show to your prospects who sign-up in response to your ads. It provides in details the advantages of your product, why he can purchase currently, what quantity he ought to pay into that account. 

 Ensure that your sales letter is professionally written. a decent blend of text and graphics is suggested. 

 But if you're afraid, you'll be able to get a virtual assistant at Fiverr to handle this on your behalf. 

 3.13 found out Everything and get prepared For Sales 

 By currently you want to have set-up a self-hosted web site for this product. There are FREE and reliable software additionally as paid once for this betting on your budget. 

 Just upload everything - the e-mail swipes, sales letter, all the graphics and relevant files onto the web site. 

 Remember to test-run everything by yourself, additionally as asking your friends or mentors to conjointly assist you test-run, before you start to advertise your business to the general public. 

 3.14 The Profits are within the Links 

 I want to finish this chapter by emphasizing the fact that we are living in the LINK ECONOMY. In alternative words, the profits of this business flows through the links. 

This means check all of your links to confirm that all of them work fine. Use affiliate link wherever acceptable, make sure your right to use free products sourced on-line to avoid legal issues; and most of all make sure the download link of your own product is functioning as supposed.

 That's the deal. 

 4.0 CONCLUSION 

 I simply notice that I even have gone to this point, many pages, several sections and sub sections. 

 This is as a result of, after you have your own product that's wherever the web riches that you simply have been hearing of, truly comes from. 

 5.0 SUMMARY 

 I covered step by step details on the way to produce your own profitable product for the marketplace. however there are still different details that I even have ignored for following chapter. 

 6.0 ASSIGNMENT 

 Go over this chapter once more and once more to get a decent grasp of the process as i'll be dealing with another aspect of this fast-tract riches within the next chapter.

Posted by : Unknown March 02, 2018 Tags : PRODUCT CREATION

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