Product Creation Tactics
There are many ways to potentially make money online, but not all of them require you to have a blog. In fact, you can even make money by creating products.
Products always have been and always will be the best way to earn serious income online. You don't need traffic or complex tech skills for this job - it's as easy as brainstorming an idea, finding a niche market for it, making your product and sending it off in an email... It so simple!
This article is going to explore some of the different tactics that you can use to create products on your own and start earning passive income today.
One of the most important tactics is to build your list. The first and foremost step in product creation is to create a profitable product that you can sell on your page.
After this, you must promote it to your audience through email marketing (opt-in emails for your list) and social media channels, as well as building relationships with relevant marketplaces or retailers. This will ensure that you will get more sales and a higher conversion rate.<br /><br /> Check out my article here : http://www.screenranger.com/a-guide-to-product-creation/
Here's a great article on creating a product: http://www.digitalnomadrockstar.com/creating-and-selling-your-very-first-digital...
And another good one here: http://www.jasonflannery.com/blog/theresabookinmyheadbutimnotsurewhattodoaboutit?ref=email
If you are looking to get rich quick, you are going to want to avoid this method as much as possible, but if like me, you want to start building a passive income online, then creating your own products is something that you should consider.
Without any more delay, let's dive deeper into this.
A guide to product creation tactics
There are several tactics that you can use to create products on your own, from the most simple and old school - to the complex and advanced. The following are a few of the basic and most common ones that you will find mentioned in many articles on various sites:<br /><br /> - Know your market. Of course, this is a lot easier said than done, but if you are building something that relates to your niche market (and hence builds trust with them), they will be more likely to respond positively to you.<br /><br /> - Start small. Unless you are starting a really big project, it is best to start small. Once you have some experience under your belt, you can then consider launching a full-blown product.<br /><br /> - Tailor your product. There are many articles that show you how to create an email course or sell training programs. This is great when you want to build trust with your audience. They will be prepared for anything that comes from you and will be more inclined to buy from you.<br /> - Create a system. By creating something that has an outline and can be followed step-by-step, people will be able to follow what the guide says and hence buy the product in its entirety. This works well with things like emails and courses, as they have a logical flow.<br /><br /> - Research your niche. If you want to make money from a product, you are going to want to create something that people really need and are not just gimmicky. You don't want to sell them something that doesn't help or improve their lives.<br /><br /> - Give away before selling. This is something that many people recommend if you want to build trust with your audience and gain their attention, as well as providing a value-add for them if they buy before.<br /><br /> - Build up anticipation. By creating a guide or email course, you can build up anticipation over time by sending them little bits of information to keep their interest. This works well for sales and products like software, as it is easier for people to understand and stay on board.<br /><br /> - Price your product right. You will want to price your product at an appropriate level, so that they are not just giving away something that is free. Of course, you will want make sure that the prices are reasonable. So do some research before considering pricing your product at such a high level.<br /><br /> - Build trust with your audience and create the ultimate value-add through the guide or email course. If you are giving something for free that has value, your audience will be much more likely to trust you, which will lead to sales.<br /><br /> - Have a plan for the future. If you want to make money from a product, or any business endeavor, you will need to consider how you can create new products or improve on one that you already have. This is something that most people forget about.<br /><br /> - Make your product memorable. It should be something that sticks in people's minds and is easy for them to remember. If they can remember your name and what your product is all about at a moment's notice, you will have a much better chance of gaining their trust and attention. <br /> - Charge up front. This is something that is commonly used in the business world, as you can only make money by getting your product before you start making sales.<br /><br /> As mentioned before, these are just some of the basic ideas that you can use to create products on your own and start earning passive income online. You can also consider using advanced tactics if you want to really boost your competition and get a lot of buzz around whatever it is that you are trying to sell. These include:<br /><br /> - Mentioning influencers or brands in your product. This will help to boost its credibility and bring more traffic to it due to its association with another well-known brand. You can use this to your advantage by associating your product with the brand that you mentioned without actually being associated with them.<br /><br /> - Including affiliate links or bonuses into your product. This will help to boost its credibility and increase sales. You can also do this by using affiliate links, which are basically a different link for another website that goes to the same destination.<br /><br /> - Landing pages. This is something that you can use to get people's attention through building a lot of buzz around whatever it is that you are selling. You can do this by having a landing page on your product where people will leave their email addresses so that they can be notified when the product is released. You can then create a whole video around this and have it go viral.<br /><br /> - Build up relationships with influencers. If you have 100 followers and you want to take it to the next level, consider going out of your way to build up relationships with people who hold real power in your niche market. This can help to give you more exposure, influence and trust.<br /><br /> - Use relevant images. When creating a presentation or series of images for your product, make sure that they are relevant to whatever it is that you are trying to sell. You will want them to be memorable and easily recognisable, which will help everything that you create.<br /><br /> - Hustle.
Conclusion
If you are looking to build a passive income online, you should consider creating an email course or guide as well as a product. This is something that can really help people if they are stuck in a rut and need something to improve themselves and their lives.<br /><br />If you want to build up trust with the people around you, you can start by talking about the things that matter most. Show them that your sincerity and regard for them is genuine by talking about the same topics that they care about.<br /><br />This will make them start thinking of buying from you instead of just taking from you.<br /><br />Remember also to always put value into what it is that you are selling.
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Product Creation Tactics