Newbie questions-do i need to create a product?

You re 100% correct! Thanks for your suggestion. I ve already read a few topics but i suppose i need to read more.
Any advice on where to start from since this is a HUGE forum with thousands of threads?
I could also buy a course but most members here suggesting that this should be avoided and just read the forum.

You don't need to create a product. Product creation is a good way to make money Online but it isn't the be all and end all. There are too many different ways to make money on the Internet to list here - but product creation is just one of them.

As for investment the minimum investment is usually hosting, domain name and auto responder service. The majority of make money online methods require a website or landing page, so it's useful to have hosting.

Any other spend should be purely on products or services that help speed up your productivity or knowledge base on the specific business model you choose.

One of the features of make money online is the low cost barrier to entry.

thanks a lot for all your answers.

as i understood i should start first as a player, looking at affiliate marketing and then getting on other stuff. i m not interesting in providing IM services. I m only interested in creating my own products and promoting them but again not IM related.

I hope i ll find someone to coach/train me. From my experience so far when you start on your own with no guidence at all you loose valuable time and you maybe also get a very wrong path. It s much better to get an expert to train you.

Caliban gave a great answer. Right on the money.

Look, do yourself a favor. Go to Google and start typing in things that you're
personally interested in that people actually buy.

For example, I like Magic the Gathering. If I go to Google and type in Magic
the Gathering, I'm going to find a lot of sites that in some way monetize the
product.

Look at THEIR business model. Look at how THEY do things.

Then, if you're interested in creating THAT kind of site or selling THAT kind of
product and can't quite figure out how to go about emulating their model, come
back here and ask. THEN we can give you a more specific answer than the
5 gazillion pages it would take to answer something so vague and general.

Specific questions will always have a better chance of being answered than the ones you've asked in this thread.

My 2 cents for whatever they're worth.

You can handle it with one domain for all the products in the same niche.

Having 2+ products in the same niche has many other advantages, too: you can promote different products to the same subscribers, that way (this is often where the real money is).

One of the advantages of being an affiliate is that your business, your site, your list and your income are not dependent on the continued success and availability of any individual product at all. You can change what you promote, if/when you need to. So think about a "niche site", not a "product site".

There's a small list of some of the many advantages of being an affiliate (compared with being a vendor) here, if it interests you: http://www.warriorforum.com/main-int...ml#post7069913

If you're going to be an affiliate, here are my two strongest suggestions (so that you can avoid both the commonest and the second-commonest mistakes that so many people make!) ...

1. When you're deciding what to promote, makes sure it doesn't include any "internet marketing advice" or "make money online" products (commonest single mistake);

2. Don't try to sell. Try to pre-sell (when you've learned the difference!). (Second commonest mistake).

The overall success rate in internet marketing isn't all that high, unfortunately, but avoiding those two common disaster areas for new affiliates can make a huge difference to the odds as they affect you.

Thanks. Its the first time i hear about PLR. Very interesting. Can you really make money using/selling PLR products? It justs seems to me very...unrealistic but i m a newbie here.

Thanks for the rest of advices anyway

Fail, and fail fast.

I'm going to give you a different perspective from Calibans.

I used to live on this avenue in a city in Connecticut. It was the main avenue where you could go to restaurants, stores, dry cleaners, etc.

I could go to the dry cleaners and get a nice service of people laundering my clothes. I always saw the same faces, and I knew what to expect.

I could go to the restaurant and be served a dish that would satisfy my appetite - but I would eventually need to come back and eat again at some point. Anyway, there too I would see the same friendly faces and felt right at home every time I went there. Of course, the waiter would get a commission based on how much he/she could sell me on.

One of the last stores to go up before I left was the Apple Store. Apple (for me) always has the best products.

Now imagine the internet is the Avenue.

All kinds of things are needed. People to provide regular services (although if you own the dry cleaners you don't necessarily have to be personally doing the laundry). People who work on commissions (and it's all about regularly selling and creating a good association with who you are selling to so they will come back). And places where you can buy products (and it will be the best products that will rise to the top and have crazy people like me who will buy almost anything they offer).

The internet is the avenue.

Now I can tell you, each of those establishments are run very differently and the start up costs of each of those is very different as well.

The drycleaners needs to pay rent, deal with waste from the chemicals, and really relies on steady and regular business to keep going. There was more than one dry cleaners on the block so it was in their best interest to not only provide good clean clothes but also to be friendly with returning customers who were paying their rent.

The servers at the restaurants needed some kind of knowledge on what they were selling me. They didn't need to actually make the food, but the ones who did the best were the ones who could sweet talk me into eating more than I was planning on or trying a more expensive wine. Their tips relied on it. It didn't cost them much to get that job other than some knowledge of what they were pushing and maybe the right uniform. Again, the nice waitstaff always got my regular attention.

The Apple Store - well, I don't know the first thing about making a computer but it is something I need. And I was also going to need some software and additional hardware to have even more fun with my initial investment! More Apple products. But I think the cost of providing computers and extras needed in a retail store, as well as the advertising costs in general is probably a bit higher than let's say that little dry cleaners (who was just local) or the investment needed to just be a waiter.

What ever you plan to do online needs to have the same type of consideration. It is a business. The service or product you decide to provide needs to be the best of your ability and you are competing with some other local/similar businesses.

Each of those positions requires completely different skill sets to manage. If I tossed the waiter into the drycleaners I'm sure he wouldn't have the first inkling what to do without some training. And the guy running the steamer in the back of the drycleaners - do you think he has a clue about running a major computer business?

Here's something crazy. You don't have to provide services for IM in order to provide services on the internet.

Anyway, surf around a bit, pick a niche, make a business plan, and run things as such.