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my own product? What if I don't have anything at all?

by Abraham_L
11 replies
Hey fellas!

So I've always heard, on the internet, and pretty much everywhere I go on the IM world, that THE way to be succesful online is to have your own product.

If this is true, then I'm in a little bit of trouble, because I don't think I know much about IM (I actually started with IM about 3 1/2 months ago), or anything like that, and I don't know where to start, if I'm ever going to.

Is there some way I can use to create my products? Like seriously, I have no idea. I need opinions from people with experience here.

Another question (and I probablly know the answer for this one, but what the heck, I can ask right? hehe)... Is there a way to make that much money that you get when you create a product, but without actually creating one, or dealing with customers WHATSOEVER?

So that's pretty much it, hope I get some good info here.

Thanks a lot!
#own product #product #product creation
  • Profile picture of the author Louise Green
    Product creation is just one way to become succesful, but not the only one.

    If you don't know much about IM then either join up with an expert or create a product about something that you do know a lot about. The process is exactly the same no matter what niche you're in.

    The only problem with the IM niche is the amount of competition, which isn't that much of a problem but it could be a lot easier finding a less exploited niche.

    To create the products all you need is a text editor like Word, and for the professional edge convert to PDF (free), and ta-da.. you now have a product.

    It really is as simple as that.

    Best of luck
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    • Profile picture of the author Aitor Astobieta
      Hello Abraham,

      If you don't know that much about IM, maybe you should do a product on something you know a lot about? What are your interests, and passions?

      Is there something you could write about for days and days without running out of ideas?

      Nevertheless, for IM, you might want to pick up a subniche, like the following:

      • Listbuilding
      • Affiliate marketing
      • CPA offers
      • Backlinking
      • SEO
      • PPC
      • Social Media
      • Many, many more....
      The idea of this is to concentrate on a specific area within the IM world. IM on its own is too general. Making money online is also too general.

      Once you decide on a subniche, collect as many free reports as you can on that topic.

      I don't know about you, but I have a ton of PDF reports on my computer about every topic in IM.

      If you want to take it further, you can even buy products you are interested in to gather information.

      Once you have collected all the information about your topic, try to write an ebook about it.

      But always remember to create a USP (unique selling proposition) so that your product is different from all other products on the same topic.

      For example, let's say that you are interested in using social media as a means of driving traffic to a web page.

      Do the following:

      • Collect as much information on social media as you can either through free PDF reports, videos, articles or products you can buy.
      • Gather all of that information into a document.
      • Attack it from a unique angle.
      • Make your product, always keeping in mind the unique angle you are taking.
      If you want to create a PDF report, I recommend you use Open Office (it's free)

      If you want to do video, you can use CamStudio (free) or Camtasia (30 day trial and then $299). These are the only two I have used.

      I wish you the best in your product creating endeavors!
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      • Profile picture of the author Abraham_L
        Wow Aitor, that was a GREAT post! Thanks a lot, I'll definitely use that strategy if I ever think about creating a product. Thanks again!

        Originally Posted by Aitor Astobieta View Post

        Hello Abraham,

        If you don't know that much about IM, maybe you should do a product on something you know a lot about? What are your interests, and passions?

        Is there something you could write about for days and days without running out of ideas?

        Nevertheless, for IM, you might want to pick up a subniche, like the following:

        • Listbuilding
        • Affiliate marketing
        • CPA offers
        • Backlinking
        • SEO
        • PPC
        • Social Media
        • Many, many more....
        The idea of this is to concentrate on a specific area within the IM world. IM on its own is too general. Making money online is also too general.

        Once you decide on a subniche, collect as many free reports as you can on that topic.

        I don't know about you, but I have a ton of PDF reports on my computer about every topic in IM.

        If you want to take it further, you can even buy products you are interested in to gather information.

        Once you have collected all the information about your topic, try to write an ebook about it.

        But always remember to create a USP (unique selling proposition) so that your product is different from all other products on the same topic.

        For example, let's say that you are interested in using social media as a means of driving traffic to a web page.

        Do the following:

        • Collect as much information on social media as you can either through free PDF reports, videos, articles or products you can buy.
        • Gather all of that information into a document.
        • Attack it from a unique angle.
        • Make your product, always keeping in mind the unique angle you are taking.
        If you want to create a PDF report, I recommend you use Open Office (it's free)

        If you want to do video, you can use CamStudio (free) or Camtasia (30 day trial and then $299). These are the only two I have used.

        I wish you the best in your product creating endeavors!
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  • Profile picture of the author DavidJohnny
    Well, if you are new at this, I would not build your own product yet. Start with some affiliate products, like ClickBank products. Once you learn how to build and promote a site, and make a few bucks, you can start thinking about your own.
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  • Profile picture of the author Simon Stanley
    I agree with David, maybe start with affiliate marketing - that way once you have started making sales, you could use your new found expertise to package your own product and sell. You can then start recruiting affiliates, and start a list of product buyers to sell to at a later date
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  • Profile picture of the author gapmarketing
    One thing that you should be aware of with Clickbank though is that initially they have a somewhat confusing qualification status that you have to attain prior to you being able to get your hands on your earnings. Details are listed within the Clickbank terms but I just thought that I would mention it.

    You will find that everyone will encourage you to build your list first and guess what they are 100% right.

    If you own or purchase a product with resale rights then you can rebrand as your own and split up for free giveaway's to increase your list size or sell-on outright.

    Hope this helps anyway Abraham :-)

    Kindest Regards - Graham Price
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  • Profile picture of the author dave147
    [DELETED]
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    • Profile picture of the author jbsmith
      Keep in mind that the #1 thing that people want in IM, regardless of the sub-niche, is to know what works and what doesn't.

      People want faster, clearer, easier ways to market their business on the internet.

      What you want to do is to setup a list of tactics or strategies to try, then actually implement them and tell people what worked and what didn't.

      That sort of first-hand experience is what people are willing to pay for, they learn to avoid what doesn't work (or works less well) and they get to implement winning techniques fast.

      For example, if you focus on Adwords advertising, open up and account and run a few campaigns using different techniques for writing ads, setting up keywords and driving traffic to products - then share with people the results, good and bad. That would be a first version of a product.

      Same goes for any technique - affiliate marketing, writing your own sales pages, list building, product creation, etc...


      Jeff
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  • Profile picture of the author GarryMSayer
    I'd like to throw in my own opinion with what worked for me when I first started out.

    Get some quality PLR (Private Label Rights) that comes with a sales page, graphics, autoresponder sequence etc. There are loads of PLR membership sites on the net. But you need to choose a membership site that offers PLR to different products each month because then you will have fresh, brand spanking new PLR each and every month thereby making it easier to sell.

    When I started out I joined a PLR Membership club because they were offering PLR rights to a product in a niche that was getting really hot. I joined up, added a few bonuses, FTP'd my already setup sales page and ebooks. Two years later I'm still making sales from it.

    Like most things in life if you want quality you have to be prepared to pay extra.

    If you'd like the link to this site as they are still cranking out quality PLR then just PM me Abraham and I'll happily give it you.
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    • Profile picture of the author TracyNeedham
      Hi Abraham,

      I have several thoughts...

      If you want to create a product in the IM niche but don't have any experience there, you can always interview experts who do.

      If you just want to be in the IM space but not necessarily create a product on that topic, then find something you do know that others are eager to learn about and create a product on that.

      If you want to make good money without making the product or dealing with customers, then affiliate marketing may be the better way to go.
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