5 Great Reasons To Create Your Own Products
By craig | July 6, 2007
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Do you have your own products or are you still trying to promote other products as an affiliate? If not, why the heck not? Don’t tell me you don’t have any ideas or skills. Everyone has some skill or experience that someone else can learn from. Is it not having the expertise to create products? That’s a poor excuse too. You can learn how right here from my blog. You could also have other’s complete your products, sales letters or a website for you. Sure it’s going to cost you a little money, but at least it’s your own product you can take direct interest and involvement in.
I’m currently working on a strategy to build websites fast so you can get your products up and running on the Internet without having to wait for other website developer’s to get it done or having to mess around with a lot of coding. I wanted a way to take a new product that I created and get it up on the web fast without having to deal with all the web page development. Too much time was being wasted trying to develop everything from scratch. These websites are nothing fancy. They are good websites that will do the job just fine. In fact some of the ugliest websites I’ve ever seen generate a bunch of traffic and pull in some of the biggest bucks.
You say you don’t know how to get started? I’ll solve that problem right now…the best way to get started is to work on smaller projects and forget about the big projects. Go for base hits, not home runs. Create several small income producing products and get them on autopilot. Once you have 5 to 10 small projects you can lump them together to offer a larger product for a higher price. For example, say you have 10 small products selling at $19.00 each. That’s a total of $190. Combine them together into a large product and offer it at $99.00. Now you can list your larger product on Clickbank and have affiliates sell it for you. It’s hard to get any affiliates involved with $19.00 products, but when you have a larger offering where they can make some money your in the money.
Let me also mention that information products should be your weapon of choice. Information is readily available and you should even have some information at your fingertips about something you’ve experienced in life. Information can be resourced from areas of work, school, hobbies, and interviews with experts, ect.
There’s one problem though, you won’t be able to cash in on any of that until you get started on your first product. With that said, here are 5 reasons you should get moving on creating your own information products today.
1. You will establish yourself as an expert.
Having your own information products creates a nice doorway for your prospects to enter. Information products are a great way to establish yourself as an expert in your field or niche. Once you have established your credibility as an expert, it also allows you to work on bigger and better projects. In addition, your revenues will also increase with your self-made expertise.
2. Affiliates can sell for you.
Create a product and start an affiliate program. Let others handle marketing and selling your product. If your not using an affiliate program such as Clickbank, then your possibly leaving 50% or more of your income by not having a product and an affiliate program. Clickbank is one of the easiest, largest, and most cost effective sites you can utilize. Make sure you offer a good commission to get affiliates to sign up. I always try and give the full 70% commission on smaller priced products and usually settle for 50% to 60% on higher priced products.
3. Build in back end affiliate products.
Once you create your own product, build in back end affiliate products right into your product. Refer to them inside your product or add a resource page. Add a resource page or a “product’s I recommend” page with a list of affiliate products you want to sell that compliments your product. You can develop a nice affiliate income stream and clients love the extra resources they can use.
4. Automatically generates income.
By creating your own information products you can set it and forget it. Work on it once and get paid for life. Your products can generate a nice income month after month while you’re out playing golf. Some products maybe seasonable or timely, but I prefer concentrating on those products that will produce a residual income month after month.
5. More distribution outlets mean more exposure.
With information products you can create e-books, DVD’s, CD’s, and videos. Sell them wholesale with minimum quantity buys to affiliates and others in your niche. Sell them on E-bay and Amazon. How many people do you think use E-bay or Amazon? You’re increasing your exposure for almost no cost at all. Get your products out there working. Spread them deep and far for maximum results.
When are you going to start?
If you’re not creating information products then you’re mission out on the best way to get started on the Internet with your own Internet business. People want information. That’s what the Internet is all about. Don’t ever think you can’t offer anything. You would be surprised at the myriad of products and information already available on the Internet. Get started today!
Thanks for reading! If you know someone who could benefit from this, feel free to forward it to him or her!
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Until next time!
Blessings,
Craig
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