Product Creation can be a tedious, long. . . even annoying process. Especially if you're a beginner creating your first product. There are steps to be taken and processes to follow through in order for you to create a product people are desperate to buy.
Yes, you don't just want to create a product. . . . but you'd want to have a product with a ready market of potential buyers who'll be scrambling at the door wanting to grab your product!
Now, what can you do to achieve that?
Here, I've gathered 4 critical components you need to create products that will spit cash for you 24/7 consistently!
Step #1 - Research. . . Research. . . Research. . .
The step you should spend the most time on. This is the critical factor that'll make or break your product. And the best part is, it's not difficult to do a research. How?
Find out what people in your niche are looking for and the problems they are having. You can do this by visiting forums relating to your niche. . . and make sure you spend some time there reading the posts people make and identifying the common problems people are having in the market.
Now, see how you can come in and be the problem solver.
Step #2 - Answer to the Problems. . .
Once you know the problems people in your market are facing, its time to find the answer or solution to those problems.
If the niche is something you're affectionate about and have a lot of knowledge in, then you'll have no problem creating a product for this market.
But what if you're not knowledgeable on the market itself?
There are a number of ways you can do to fix that.
(a) You may go to the library to borrow books on the subject and compile answers to the problems your market is having.
(b) Or, you may search for those information online by visiting article directories and websites relating to your market.
(c) If you want an easy way out, then just find an expert in the market and interview them. How to find expert? There are a number of ways you can do that. One of them is to just go to Clickbank.com and search for a product in your niche and just contact the product owner for interview. Easy!
(d) And if you're just plain lazy, then the easiest is to just outsource the task to a ghostwriter. You can find them easily online. One which is reputable is elance.com.
Step #3 - Compiling and Packaging. . .
This is the fun part. By now you already have the information to your market needs ready. Time to compile everything and package it into a nice looking product, be it an ebook, audio, video, online courses, home study courses etc.
Make sure you've a catchy and eye-grabbing product name. It's best to include highly search keywords in it which will have your site to appear when prospects do a search for it online.
And having killer looking product ecover do play a part too. If you're not competent enough to create your own graphics for your product ecover, then it's best that you outsource it to a professional graphic designer.
The axiom “Don't judge a book by its cover" do not apply it online. People do judge your product by how good-looking your graphics are.
Step #4 - Duplicate Steps 1-3. . .
After going through the previous steps, you now have a product that'll offer a solution to your market's problems and one that'll make you money at will.
Now, how can you create more products or a bonus or report to sell or give away?
Yes, duplicate. Just follow the same process you've gone through from Step 1 to Step 3 everytime you'll want to create a product.
There you go. 4 simple proven steps you can use to generate your own hugely profitable products easily. . . anytime you want!
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