Product creation is one of the most important steps online that you need to master to build a successful internet business. The reason for this is that to gain the leverage that you need to succeed you need your own products.
In this article I would like to share with you strategies to create products that will sell very well.
1) Offer competitive pricing
Especially today with the recession and high oil prices people are less willing to spend as much money as before. For this reason it is very important that your prices offer value. I suggest that you test different prices to see which converts the best. Sometimes a specific price will convert very well much better than another and you need to find which one it is.
2) Add additional bonuses
Often you will get people who will sit on the fence. You need to get them to take action. You can do this by offering valuable bonuses. A tactic that many successful marketers use is they offer bonuses that seem more valuable than the original product. Often people who are not yet decided will act on the offer as the time sensitive bonuses will be a good incentive to purchase it.
3) Offer your competitor's unique selling proposition as a bonus
In a competitive market it can be very difficult to succeed. If you are struggling to sell units of your product I suggest that you add your competitor's unique selling proposition as a bonus. Your buyer will be getting a lot of value for money and this will swing things into your favour.
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Mark Abrahams is a full time internet marketer who has helped others to earn a living online.