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What are the biggest benefits of owning your own product

by Freddie Crossberg
7 replies
Hi all,

What in your opinion is the BIGGEST benefits of owning your own product?

I'll start by listing 2

1. Leverage
2. Control

Regards,

Sam
#benefits #biggest #owning #product
  • Profile picture of the author secrets2010
    Originally Posted by Sam Dunning View Post

    Hi all,

    What in your opinion is the BIGGEST benefits of owning your own product?

    I'll start by listing 2

    1. Leverage
    2. Control

    Regards,

    Sam
    The most important: It allows you to set up an affiliate program...so hundreds of affiliates drive traffic to your site for you...
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  • Profile picture of the author Kecia
    100% profits (Not including the amount of time+money it took to set it up. If it's a good product though, it should pay itself off so everything else is profit.)
    Signature
    KeciaHambrick.com - Blogger. Content Creator. Social Media Enthusiast.
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  • Profile picture of the author Ryan D
    Banned
    1) Margins-If you're at the top of the food chain, you can squeeze competitors (or affiliates) that are middle men

    2) Affiliate/Wholesale-I deal mostly with physical products and this has been huge for us.
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  • Profile picture of the author Dennis Gaskill
    1) More money
    2) Build name recognition
    3) Build status as an expert in your field
    4) More money
    5) More money
    Signature

    Just when you think you've got it all figured out, someone changes the rules.

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  • Profile picture of the author nancye64
    You can sell it through one of the affiliate networks such as LinkShare or Paydotcom. This would help you in that other people, the affiliates, will be going to the expense and time of promoting it, saving you time and trouble. Some of the affiliates are pretty good at promoting products.
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    • Profile picture of the author Gertie
      I agree with secrets2010, setting up an affiliate program of your own could be very profitable.
      And then there is the branding thing too.
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