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I need your opinion - - yes you!

by cherylwaller
25 replies
just a few weeks ago a friend introduced me to WF... it was the end of june i guess, but I really didnt even start reading much until early july... anyway... the point is that I am so glad he introduced me and have been trying to learn the ropes as fast as I can... i am not new to IM, but WF... yes i am a newbie

in the past month I have launched 4 WSOs.. (i removed my sig cuz im not looking to promote) and I realized that this is something that I truly enjoy... i love creating a product, making the website for it putting together the sales page.. all of that.. particularly the video creation... especially tutorials! I mean I could really enjoy just doing that and nothing more..

this is nothing new since i did a lot of training in the military and built three businesses on the premise of training customers to enhance biz.. but after i sold them I guess i just lost sight of my passion and somehow now all I have been doing is building websites and social networks for attorneys and real estate agents... the reason i tell you this is that I really didnt realize how much i hate it until I got back to creating training products this past month...

with that said...

what i want to know from those of you that have been here a while is this - - is this a sought after skill in the IM world? I have been trying to think of creative ways to completely replace my income with income from creating IM products (i dont have much of a list and it may be some time before I hit that coveted WSO of the day...) I want to be realistic here... i am not looking to strike it rich over night...

I was toying with the idea of creating a membership site for IMers where I could just create unique full products (not like the 12 page brain fart stuff that I see on here for $3)... but complete products with over 100+ pages, video tutorials, website templates, email templates... like one a week that I could upload to a site and let IMers run with it.. like a PLR MRR membership thing... but not full of recycled garbage.. the IMers could take the finished products and sell as is or swap and combine to enhance other products that they already have...

the problem is.. this isnt something that I can just create in a week or a month.. it would be something that I would have to spend a decent amount of time building out with a membership site and a lot of start-up content so that it wouldn't just be an empty wasteland when people joined...

anyway... i was hoping i could get some advice...

yell at me, tell me this is the wrong area to ask this, tell me what you think... if this is better posted somewhere else, i will move it

i just don't want to steer left off of a cliff if this is something that (a) already exists and is overplayed or (b) wouldn't even be desired

thanks so much in advance for any advice you may have... and hey.. even if you don't have advice, please leave a comment and let me know what you think..

-cheryl
#opinion
  • Profile picture of the author Gene Pimentel
    Cheryl,

    This is absolutely a viable business model, and there are many people who are successfully doing exactly what you described. What is seriously lacking in most of them is quality of a caliber that I would be willing to use out of the box. If you can produce exceptional quality in the products, you will no doubt have a very successful business.

    You do NOT need a full-fledged membership area full of content to start. Create one exceptional product/course/package and offer it as a sole item. Use a membership platform for customers to download this product, and add another one as you create it. Give access in the membership area to people who have purchased each one, and those who have not purchased will have the opportunity to purchase when they log in and see what else is available to them.
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  • Profile picture of the author cherylwaller
    thank you Gene.. that makes better sense than what i was thinking.. i was thinking monthly fees... but free membership and pay per download is so much easier to set up and I think beneficial to clients that only like certain products... cool tank ya!!
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  • Profile picture of the author VladWorks
    I think there are lots of IMs looking for exactly this type of thing. Build unique products and you will find success.
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  • Profile picture of the author Manoj V
    Hi Cheryl - It is indeed a great business idea but for the fact that there are several IM products and sites vying for business on the net. But if you manage to create something unique, you will no doubt attract an audience. You will also have to develop a niche and may need to remember that most if not all niches in IM may have been covered by now. Most newbies(you are not a newbie I know) make the mistake of starting with IM products and face failure in a highly competitive market. Hence, it is imperative that you use your experience and knowledge in IM wisely when you start with something.

    I have been in IM for the last 2 years but while planning for a membership site, have thought of a completely different niche, far away from IM.
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  • Profile picture of the author cherylwaller
    thanks vladworks.... that would be the key thing too i think... i did very little research on this idea but from what i see there are a LOT of PLR dump sites... and what i mean by that is they all bought each others stuff and dumped it on their site... its the same stuff over and over again... what i want to do is start out with an idea, build an outline creat the whole product from the ground up and then let clients run with it... then possibly have a 'voting' system in place that allows clients to 'vote' on what my next product should be... this way i am always creating something that is useful to them...
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  • Profile picture of the author cherylwaller
    hey max,

    yeah thats the thing too.. i really want to stay away from 'get rich quick' stuff.. or tutorials on 'how i made $$$ in xxx days... i drank the dan kennedy kool-aide for a while when i was building my last two biz's and really would rather steer in a different direction this time... not a completely different direction... but a different one all the same... not saying this idea is 'niche proof' since in a way the 'niche' would be a very broad IM... but it would allow me to write and train on a variety of different subjects without ever getting stuck wondering 'what the heck else can I write about '[INSERT NICHE HERE]'... thanks again!
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  • Profile picture of the author ezybux4u
    Hi Cheryl

    You have some great concepts in mind, and internet marketing needs fresh bad

    May I make a suggestion?

    Many up-and-coming marketers may need a bit of help/coaching with getting their own product ready to go, and/or promotion and marketing assistance. Perhaps you could have a service for this? You could charge an up-front fee, or a percentage of profits when the client launches their product. Helping people have their big break will reward you in the long-term as well. Through goodwill if not karma

    Hope you are enjoying the Warrior Forum as much as I do.

    Peace and Prosperity
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  • Profile picture of the author Brian Alaway
    Rather than just build websites for attorneys, real estate agents, or other offline businesses, why not sell them ready to deploy membership sites. You could not only sell the initial site but charge a monthly/yearly fee to keep the sites filled with ongoing training. They in-turn could collect monthly/yearly fees from their signups.
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  • Profile picture of the author cherylwaller
    hey tim,

    actually thats a great idea and I didnt even think of that... so like a membership site that is free, with plr mrr products that they can purchase al la carte and then possibly a training program to teach new IMers how to build their products... but instead of charging them a fee.. they have to release their products on the site under a different section... I am loving that idea...

    ***********
    any newbies have a view point on that? would you be willing to give away products you create in exchange for coaching on how to do it?
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  • Profile picture of the author cherylwaller
    hey brian,

    the problem i see with that is attorneys and RE agents don't think like IMers... they want their website taken care of, they want better ways of getting new clients and they are just *not* open to the idea of changing gears like that..

    the reason i said *not* like that is I dont have the time nor patience to teach someone who doesnt understand why 'click here' is a bad anchor text link how to build and manage a membership site... half of them would look at me like I had four heads if I even said the words 'membership site'... lol

    most of my clients have no idea about the internet or how it works... thats why they hire me... so that they dont have to learn... they are not interested in 'training'... they want to concentrate on their business and let me worry about the 'techie' stuff...

    yeah they want to learn how to use facebook or twitter and they pay me to teach them that too... but thats as far as it goies with them.. dont get me wrong... i love doing it for them... but i LOVE product creation more..

    thanks so much.. i appreciate the thought.. could also be another 'training' program for IM newbies... how to setup a membership site... maybe even training and assisted setup for a percentage of profits... there it would work


    ********
    LOVE the ideas guys... thank you SOOOO much... keep them coming! if we keep this up I might have another WSO out by the end of the day...lol

    -cheryl
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  • Profile picture of the author magnates
    Hi Cheryl , yousound really personate about this

    if that is true you would come up with products quick and easy because that is what you love doing

    It is a viable business model . You can doit for yourself or for other

    Like you said , You can do PLr < MRR and all that good stuff

    It is going to work and you are the right person to create because you like what you do
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  • Profile picture of the author cherylwaller
    thanks magnates! yeah i was on the fence about it but after the positive feedback here i am actually just going to go for it...

    whats really awesome is that i just jumped over to check on my product page and there was a suggestion there for a new product already... someone asking me to create another tutorial! so if thats not a sign, then I do not know what is... (john... if you are reading this.. YES... creating graphic WP headers is my next training product!!! ... off to draw up the outline)

    I am curious to hear from newbies though what they would think about a training program where they get free/reduced training on creating a product and in return they contribute that product to the site... it would benefit the newbie, the site and the IMers with fresh material
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  • Profile picture of the author SoundsGood
    Originally Posted by cherylwaller View Post

    I was toying with the idea of creating a membership site for IMers where I could just create unique full products (not like the 12 page brain fart stuff that I see on here for $3)... but complete products with over 100+ pages, video tutorials, website templates, email templates... like one a week that I could upload to a site and let IMers run with it.
    I'm intrigued, but a bit confused... Wouldn't this mean that a whole bunch of people would all be promoting (and trying to sell) the exact same "product"?
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    • Profile picture of the author cherylwaller
      Originally Posted by SoundsGood View Post

      I'm intrigued, but a bit confused... Wouldn't this mean that a whole bunch of people would all be promoting (and trying to sell) the exact same "product"?
      yes, but you don't all have the same lists... dont have the same types of businesses... wont use the products in exactly the same ways... some will use parts... some will use all... some will add to other products

      if fear of selling the same thing as someone else because everyone KNEW you didnt write it were the case then no one would ever use PLR, MRR anything and frank kern would never had been sued by the ftc (by the way i am NOT a frank kern fan) because no one would have bought something that someone else 'might' sell..

      all im saying is PLR MRR that is built from scratch with good original 100+ page content is a heck of a lot better than buying a 20 page report from a PLR dumpsite that got it from 6 other PLR dumpsites...
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  • Profile picture of the author Dennis Gaskill
    Hi Cheryl,

    It's a very viable business model. High quality PLR that is original and isn't oversaturated is hard to find. This is actually a model another Warrior and I have discussed going into.

    One suggestion ... if you make the products available without the website you can offer two different price points, which could result in more sales. Many of us would not need the website, we have websites already and aren't looking for new websites. We would be interested in new products to sell from our existing sites...and for me personal, PLR products specifically.
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    • Profile picture of the author cherylwaller
      Originally Posted by Dennis Gaskill View Post

      Hi Cheryl,

      It's a very viable business model. High quality PLR that is original and isn't oversaturated is hard to find. This is actually a model another Warrior and I have discussed going into.

      One suggestion ... if you make the products available without the website you can offer two different price points, which could result in more sales. Many of us would not need the website, we have websites already and aren't looking for new websites. We would be interested in new products to sell from our existing sites...and for me personal, PLR products specifically.
      ok... so maybe then instead of al-la-carte 'packages' then packages that can be split apart ... for example... how to [DO THIS] would be a three part product... the pdf... the video... the website (sales page per say) they are released as one 'product' but the pdf is $5 the the video is $5 and the website is $5... the package of three is $10... maybe you just need a video to complement another product, maybe the PDF to incorporate into another product or maybe you want the whole package to sell as a standalone... that could work
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      • Profile picture of the author Dennis Gaskill
        Originally Posted by cherylwaller View Post

        ok... so maybe then instead of al-la-carte 'packages' then packages that can be split apart ... for example... how to [DO THIS] would be a three part product... the pdf... the video... the website (sales page per say) they are released as one 'product' but the pdf is $5 the the video is $5 and the website is $5... the package of three is $10... maybe you just need a video to complement another product, maybe the PDF to incorporate into another product or maybe you want the whole package to sell as a standalone... that could work
        That could work very well, IMO. However, it's only fair to tell you that my opinion is based on what would be ideal to me personally as a buyer, rather than what would be most profitable as a PLR seller.

        Having said that, when you talked about how much work would go into it I imaged a higher price point than $5 to $15 ... I'd be happy to pay $15 for a high-quality package and not think twice that I didn't need one part or another. Still, $5 each or $10 for all three I would think would sell a ton, especially if the quality is there. I can see from this thread that you can write well enough, so if you nail the "how-to" parts the quality will be there.

        You pegged the way I usually use PLR. As bonus products to my own product.
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  • Profile picture of the author magnates
    Hi Cheryl, I was going to share this in my upcoming WSO but what the heck , I can help right now

    Since you already like creating products , you can get lots of gurus onboard to sell your products for you .I call this strategy , Joint venture Product Creation


    1. Joint Venture Product Creation

    This method helps you leverage the resources , traffic , contacts other gurus in your niche have
    Let me explain how it works …

    All you got to do is create a high quality product what walks through the problems people in your niche are having and tell you contact a list of Gurus to work with

    Why would any guru want to work with you ? Most gurus don’t have the time to sit down and create products, you are going to make it easier for them and get the attention of other top players in your niche.

    Well, you are going to all the work of product creation, you are going to create a top-notch product from scratch and at no cost to them .

    That sounds great but what do I get out of this ?

    In exchange you earn 30% of sales and have access to the list built after the launch (or whatever agreement you come to terms with your traffic partner)

    All you got to do is take this 3 Steps :
    1.Create high quality product that any guru would be proud to put their name on :

    2.Approach gurus with your proposal : If you need a list in the IM Niche , just go to Experts Index from GuruDAQ.com if you get access to a list of gurus in the IM niche .

    3. Negotiate Terms : You need a guru with integrity so that you don’t end up with nothing after the product launch is over . Agree happy terms with your traffic partner . I have 30% sales as an example . It could be more or less . Just make sure that your traffic partner is happy with the agreement and keep to make this a success

    All you need is one guru to say yes to working with you … This will do wonders for you…


    Much Love ...

    Femi
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  • Profile picture of the author cherylwaller
    the $5 was an example.. obviously if you have a 500 page product with a few hours of videos the price point would be higher... similarly a 20 page 1 video quickie would be cheap... but the idea is there and im just kicking around ideas at this point...

    even what SoundsGood was saying before gave me the idea that maybe something as far as maybe putting out a guaranteed quality new WSO every week and charging a membership to allow people to make 100% commission so that it was one product... but then i thought that may not be attractive cuz then who is getting the leads... um me... so that's not a good structure... so yeah... nothings going to stop me from continuing to create good content... but membership... im thinking free al-la-carte... broken up into sections... training program for newbies with products launched on the site to the benefit of members getting new fresh original content... stuff like that...

    i know you might think i am crazy for thinking out loud publicly about my ideas... im not worried at all... I think this is great to be able to discuss ideas like this... so please if you have any please share... we can all inspire each other

    *****
    magnates... i haven't forgot about replying to you... will be sending you a PM later
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    • Profile picture of the author SoundsGood
      Originally Posted by cherylwaller View Post

      i know you might think i am crazy for thinking out loud publicly about my ideas... im not worried at all... I think this is great to be able to discuss ideas like this...
      Not only do I agree with you, but I wish more threads were like this. Heck, I wish there was a complete forum where like-minded people could openly discuss ideas. I'm sick and tired of people constantly trying to sell something here (sorry, but it's true). I know we're all here to make money, but c'mon... It would be refreshing if people would just give it a rest sometimes.
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      • Profile picture of the author cherylwaller
        Originally Posted by SoundsGood View Post

        Not only do I agree with you, but I wish more threads were like this. Heck, I wish there was a complete forum where like-minded people could openly discuss ideas. I'm sick and tired of people constantly trying to sell something here (sorry, but it's true). I know we're all here to make money, but c'mon... It would be refreshing if people would just give it a rest sometimes.
        absolutely.. I mean.. even what dennis was saying before about how he was thinking from the perspective of a buyer... i was thinking well.. yes.. i would love to hear what a buyer would like to 'buy' but at the same time i dont want to think like a 'seller' ...

        i really want to know what would benefit others as far as a long term product that would benefit their biz... because at the end of the day... sales letters run their course.. relationships last much much longer and if i am going back to IM.. i want to do it because I love it.. because others find it profitable to them to work with me... not because im chasing a 5k a day payday.. ya know..

        i've just been out of IM for a few years and want to make sure that if i start something like this that im not running into a crowd of people saying 'hey' ... "what it we start this thing... at every gas station we start selling Tylenol and beer and soda and toothpaste!!!" and the room says "uh yeah duh... its called a convenience store... and we already got 'em"

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    • Profile picture of the author Dennis Gaskill
      Originally Posted by cherylwaller View Post

      but membership... im thinking free al-la-carte... broken up into sections...
      That will build the ol' mailing list up nicely. I'm in the process of adding a free level to my most popular membership site as we speak.
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      • Profile picture of the author cherylwaller
        Originally Posted by Dennis Gaskill View Post

        That will build the ol' mailing list up nicely. I'm in the process of adding a free level to my most popular membership site as we speak.
        definitely food for thought this weekend.. I have a lot to think about but I am definitely leaning toward coming back to IM 100%.. you guys are awesome!!!
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    • Profile picture of the author heavyjay
      Originally Posted by cherylwaller View Post

      i know you might think i am crazy for thinking out loud publicly about my ideas... im not worried at all... I think this is great to be able to discuss ideas like this... so please if you have any please share... we can all inspire each other
      That just shows your mindset is based on abundance, not lack. Many people look at it as a zero sum game where, in their mind, every dollar you make is a dollar they lost.
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      • Profile picture of the author RubenJames
        Most people can NOT create original products...You CAN!

        The idea that came to me was to emulate a a high priced adcopywriter, but NOT to write adcopy. :p

        Your product IS a product for sale...to someone that NEEDS an original product!

        Offer a product created by you for a handsome fee PLUS a percentage of the sales!

        Whad' ya think? :confused:

        Ruben
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