Why Should You Create Your Own Products?

Hi,

What can i say except you hit the nail dead centre on the head, i took John Thornhills masterclass 36 week course last year, on how to create a product of your own?

Now that course was money well spent, as soon as i started promoting it 2 weeks ago within the first week i created 3 sales at $33 a time via Clickbank, and i have also started to build a customer and affiliate list at the same time, its all coming along slowly but surely and that`s what counts!

Cheers for your post, you`re so right to point this out....John.

the cons is that it can be difficult part in providing customer service and delivering product. This is the overwelming part.

Sure I can make more money having the product myself, but it's such a huge hassle processing it. Sometimes it's best to get the 50/50 or higher if you negotiate well.

Thank you.

Should this be in the War Room or WSO Section?

Thanks for the report.

sounds great .. will read it and post my comments soon ..

Thanks for your work ..

Thanks for your pithy report. As a person who has been creating my own products for over 20 years, I agree. But let me share another possibility that most would not consider.

A few years ago I released my third product in a series that dealt with buying and selling personal/corporate property. It was The Beginner's Guide to Chatteling. When I first introduced it, my small but responsive list scooped it up. Then I created an affiliate program, and more sales. THEN, and here is where it takes a turn...

I offered to sell it "lock, stock and barrel", which means ALL the rights to it, with the condition that I would remain a affiliate, IF it were to be offered in an affiliate program. WHY do this?

For one thing the sale brought me a very fast 5 figure income. Like, in a week. The guy who bought it used it as a bonus for his own work, then offered REsell rights to a limited number of people...and one of his resellers set up an affiliate program at Pay Dot Com to promote it.

He rewrote the intro but left the promotion I wrote as it was...and renamed it Chatteling 101.

NOW as an affiliate, I can simply put my link in as I do in my sig file at Sowpub.com forum, and have an auto pilot income without any promotion, support or fulfillment. And I prefer Pay Dot Com over ClickBank, because of the PayPal way of payment.

Also, with the work, which someone else owns and sells, I have embedded links to my other Information products and so when ANY one, anywhere sells one of these "affiliate" products that I have created, I always get some flow back.

So CREATE your own products. But be CREATIVE as to what you do with them too.

gjabiz

PS. In the past decade and a half, I've created audio, video and many little special reports and every one has been profitable. OH, and most of them have been sold from a FREE web site that I've used for years.

Having affiliates promote your own products is also a smart way to reduce risk in your business.

Most affiliates have one or two primary traffic generation strategies.

If one of those traffic sources dries up, due to slaps, increasing click prices, change to TOS, etc., then the affiliate's business could be cut in half or even shut down overnight.

But when you have multiple affiliates promoting your products, your risk exposure is dramatically reduced.

In my opinion, creating your own products is the best way to put yourself in the guru status. But what others have said on here, you have to be creative and make sure that you are putting out some quality stuff. Thanks for posting this.

Great thread.

All the successful gurus are now millionaires thanks to their own product.

Also, as a product owner you unload the REAL difficult part of the IM equation (quality traffic generation) onto your affiliates, so you can focus on the easy stuff: product and upsell creation, customer support, etc.

This is a great, concise report that is a must-see for all product creators. Successful product creation is the surest way to build and grow your own assets for the long term. Only when you create your own products, can you truly follow and leverage the core principles of a successful entrepreneur, which include passion, action, focus, and perseverance.

As you mention in your report, affiliate marketing is one option, but having your own is better.

Many product owners combine the two, which is an excellent way to gain maximum mileage from your efforts, while minimizing your efforts.

In other words, you create your own product, build your list, sell your own product, and market affiliate products to your list without the added work of creating those other products. It gives you the best of both worlds.

For people who have difficulty coming up with their own products, PLR is a less expensive alternative to outsourcing it. With PLR, you can modify it and make it your own which gives you a good first product. It provides an excellent opportunity to get started in product creation.

Sylvia

Hello,

This Thread is still alive. I have changed the link.

Please click on the link below to get my free report.

No Opt in
Regards,
Lawrence

http://www.how2createprofessionaldigitalproducts.com/Special Report.pdf

Thanks, Lawrence!

-Shaun

Having products is great. I built a whole software range so the bundling possibilities were endless. Site licenses - they're also great.

This is so great you guy's. I have recently created my first couple of products and have started to sell them. This has been so helpful to get idea's as to better way's to get them out there to the market place to create more revenue.
Thanks so much.

Boy, I could not agree more with the sentiments on this thread. By having your own products, you don't have to worry about quality, you are best able to answer any questions buyers may have, and you can make a heck of a lot more money!