This forum has given me so much already. I feel it's time to give something back, even if it's just well-meant advice.
You can basically consider this a case study of what I did with this forum to make 200 dollars. Now I realize that 200 dollars is quite a bit shy of making a full-time living, but it's a good start.
My initial investment was 41.95 dollars. So far I have made approximately $260 with this very simple method. However, let's get to it.
A very quick overview of what i did would look like this:
I wrote a 21 page report and sold it for 5 dollars as a WSO. Everybody outside the forum are now able to buy it for 7 dollars. That's basically it, but let me break it down for you.
The Steps I Took
As I said I wrote a 21 page report. Picking the the topic may seem like the difficult part, but it really isn't. What you want to do is simply take a look at what the hot topics are right now. I would look in this forum, the WSO forum and if you're a member taking a look in the war room is a pretty good idea as well.
What you want to look for are hot topics with many views and many replies. Right now and for a while actually review sites have been hot. Chris Rempel and his Conduit Method plays a big role in this. So basically I thought that was something to look at.
Research And Product Creation
I started by purchasing the Conduit Method and applied what was taught. I also read through the topics discussing review sites to find an area that I could base my product on. Through my own experiences and what I read I decided that the review writing process was something worth looking at.
So, I sat myself down for a few hours and deviced a system for speeding up this process. Then I wrote my report.
That's exactly what you should do. Find an area that can be expanded upon. Quite often, there's something people have problems with or want to make easier. Try out the method and buy relevant materials. You have to do a bit of research, but not that much.
In my case the "problem" was easy to spot. It wasn't that hard to figure out a system to speed up the process either. In fact, more often than not thinking through the process and putting all parts of the process into a system is all you have to do.
Writing the report was done in a few hours. That really was the easy part.
Setting Yourself Up For Success
Next, I had to figure out what kind of payment processor I wanted to use. I went with the 7 dollar script on this one. Mainly because it's cheap and because it allows me to capture my customers email addresses.
Make sure you test the technical setup properly. I thought I did, but it turns out I didn't. That caused a lot of grief with my first customers, and it's definitely something I'll do everything I can to avoid the next time!
Don't Stop Now
So you've created your product, you've tested the technical setup, now you've got to put your product up for sale. This part of the process scared me to death. What if nobody wanted to buy my product?
Well, there's only one way to find out. I procrastinated a lot in this phase. However, I finally convinced myself that I had to give it a good old try if I wanted to make a future for myself in Internet Marketing.
I wrote my copy (so-so) at best if you ask me and payed the 20 bucks to post a WSO.
You know what? That's the best thing I ever did. As I said I've made just over 260 dollars so far and I've gone from a mailing list of 0 to a mailing list of 25. 25 isn't a big number, but it's a start.
I hope this will inspire you to take action and get your product off the shelves. If there's any final advice I can give you it's not to be afraid of failing. Remember, you can't succeed without the risk of failure!