The Biggest Problem with Creating a Product

I would say that creating your own product means you have to use your brain and think outside the box!

A lot of people try to just mimic other people and profit that way.

It is not a bad strategy however you won't have something to call your own that can give you money long term

What do you mean by product? I've recorded music and sold them on CDs in a few states before, but are you talking about information products?
Because I've been wanting to do that. I already know what field of interest i want to teach people in but i just dont know where to start.
Even though creating music and creating info products are somewhat the same, its like they are very far from each other and different.

It seems to me that if I decided to sit down and actually "create a product" than it would take a super long time (of which, i dont have unfortunately).
It seems like it would have to be made into a project.

But i still never know where to start when dealing with these things.

I'd say the biggest fear I ever had was simply because you need to spend a lot of time, mental and physical energy on something with no guarantee of success.

When I developed the first version of AutoResponse Plus back in 2000, I made the upfront decision that I would work nights for a year to create it. That took away the "what if?" question because I addressed it at the outset.

Now, I tell myself that a product WILL sell - the only unknown is "how much?" but that's the same for every business on the planet so no biggie there and you DO get better and forecasting.

Cheers,

Neil

I created an ebook about 6 months ago that was about 19 pages and sold 6 copies by simply doing a YouTube video. It was only a $7 ebook. But I was happy as a pig in sh*t I tell you. Just recently I started buying solo ads and promoting affiliate offers. I spent about $200 and actually made 3 sales and made about $26. I didn't come close to breaking even but just the fact that I made a few sales was exciting. Plus now I have a list of about 300 people. It was actually more than that but I deleted the unsubscribes.

I've since decided that if I'm gonna sell something, it might as well be my own thing. I created an offer of personal coaching to teach newbies how to get their hosting, autoresponder, capture page, solo ad thing going. But I didn't actually create a course around it. I created a capture page with a 5 minute video sales letter of me talking and then a button below the video which takes them to an application/survey. I'm thinking of doing the program for $297. And I'm only taking 10 people and I'll talk to them via Skype, do daily webinars, and have a private FB group. Of course I'm not guaranteeing that anyone is gonna make a killing. But just the fact that I'm willing to teach people and hold them accountable for 30 days is definitely worth $297 (probably more).

But to answer your question... I'm doing this all alone in a vacuum. The only way I'm gonna be able to sell the coaching is if I buy more solo ads. I setup a few emails to tell my current list about it so I'll know in about 4 days if I have any takers out of those people. I'll probably run a few more solos in about a week or two.

It's not creating the products that are a problem for me. It's really the fact that I don't have anyone working with me to actually pull it off. I'm sure I can do it myself (and I will) but it would be comforting to work with someone on it.

I personaly would have to say that getting started and then when you are around 80% through the process is the hardest time because adding those finishing touches is incredibly tiresome, especially on my latest SEO project.

Creating your own info products is only as difficult as you make it. It can be as simple as solving one problem and typing the solution into Word. Turn it into a PDF. You now have an info product.

You don't have to spend a lot of time and energy on it and nothing is guaranteed in this world anyway so that's no excuse. You could spend a lot of time and energy promoting affiliate offers and have no guarantee of success either.

To take it a step further, you've got to find others who can sell for you. It's all about leveraging your time well.

The greatest challenge is almost certainly the fear of not having authority in the subject you are writing about. You want to provide your customer with information of value. Taking that mental step of believing you have something of value to offer can be a very big step for many budding info product entrepreneurs.

Product Creation is the most comprehensive part of Internet Marketing.
People often underestimated the difficulty of launching a successful product.
It requires:
1. Creativity to solve issues/situation. How many of us are capable of doing that?
2. Marketing. How to drive traffic, recruit affiliate, Salepage, copywriting,
3. After sell. You need to provide technical support, refunds, etc, upgrade
4. Top discipline. in MMO niche, you need to work damn fast, else your idea might be obsolete.

These are only some issues you faced in product creation.

My advice for newbie: Don't create product. It sound great that you have 100% sales on it. Often, you will need to share at least 50% at front sell.. which is quite equivalent to affiliate marketing profits.

Cheers.

I would say the "hardest" thing is seeing it through to the end. When you start you might think it is a decent idea but you will see plenty more.

It is hard to carry on until you have a finished product, website and sales.

I make products, actually. Right now what is stopping me from making more is I'm busy deciding whether I want to make another PLR report series or whether I wanna do another ebook for Kindle.

I think some people get boggled right at the "what to produce" stage and never make it out of the gate. You can't fault that if they aren't writers. Just because info products are lucrative, doesn't mean everyone can do it successfully. Everyone has to find their own cash cow. There's a lot of money to be made in anything if you think of the right product and plan. Ever heard of a pet rock?

I think the biggest fear is having a great idea, launching it, and have every Internet marketer attempt to plagiaries your hard work.

Yes, you are right in saying that product creation is where success starts but how the product should be created. Should the product creation start with the development process or is something else that can give a right direction to start the process? In my view, product creation should start with market research to find out what actually is needed in the market that you should create. What do you say guys?

I really enjoy creating info products - there is no fear for me.
Things always sell...some better than others, but one can never predict that.
I enjoy the research just as much as the actual product making.
The first product I ever created was iPod tutorials on a CD.
I sold a few worldwide on eBay.
I then moved into ebooks and video training courses and they sell also.
It's the only part of IM I actually really like.

I think Product Creation is the most amazing part of Internet Marketing

And it is not as difficult as it looking for few members here:-

the problem is that you might be thinking you need to be and Expert in something, need to have experience.. need to have proofs ?? , need to show results ... Don't need to have list (Seriously, but don't forget to build one now) and etc etc ...

Here is the good news, You can create product even if you don't have some or all of the above.

There are money things that you can create today even if you don't experience. Things Like Graphics, Themes, Plugins, Software, List (List of untapped niches, profitable amazon products etc..) PLR ,

these thing does not normally requires any proof, you need to show that it works and if looks good (like in terms of graphics and themes) you can easily sell

yups you might not be able to sell 1000s of copies, all you have to do is to repeat the process,

another reason of failing is that most try to do everything on themselves, common man what you want be ?? your own boss or your own worker ??

Listen, First Pick a niche, google it, find products and marketers around it. and soon you will be able to come up with something soon (Don't Pick IM Please - go for plugins, software and graphics - sells well)

find a freelances form India, Pakistan or Philippians (they are cheap) and outsource everything and relax

Now when they are done break you product in :- 20% - 30% - 50%

launch wso :-
Front end - $7-$17 - 20% ,
OTO1 - $27-$37 - 30% ,
OTO2 - $47 or higher - 50%

Create a converting sales pages (buy it from tracy if you don't know how to create one - under 20 bucks I think)

Signup on launch notification sites and add your launch (mostly free) -

100% - front end commission
50%-75% - OTO1
50%-75% - OTO2

and that's it, you can do it under $100 (including $40 WSO listing fee)

Hope this helps ..

Rohit Thakur

I recently created my first Tumblr product and the mental battle is definitely the hardest. Kenster posted an excellent thread in the Mind Warriors section about just "doing it" without being perfect. Most IMers get obsessed with "analysis paralysis" - this is a trap and you must stay away from it.

Just launch the product and work out the problems after that. It's much easier on your sanity...

Ambiguous? Daunting? If this is how you represent product creation to yourself it's no wonder you're struggling. The biggest "problem" is people following the advice of some phony and "knocking out" products in a couple of hours.

To me, it's best someone has an interest, some knowledge and even passion for the topic before just dumping another cheesy eBook onto the market. When you have valuable information to share the process isn't daunting, ambiguous or a struggle. It's actually fun, you could even say a labor of love. Not only that but your readers sense you know what you're talking about.

I think that the most common problems for people when creating a product are:

1.-Don't know what to include in the product
2.-Don't know what to write in the first 10 words
3.-Fear to rejection
4.-Fear to failure

I always thought that the product i create has to be unique. Basicly, in mmo niche, like creating a new method on how to make money online...

But what i've learned now is that it doesnt have to be anything new. You just got to sell your story on how you've made it work.

For example there are like 1000's of similar products on how to build a list. And yet, they all sell.

for creating information products I believe that the biggest obstacle for many marketers is the "expert status". What makes me an expert, what do I have to share? Why should people listen to me? That sort of thing. If you don't feel like an expert in a niche, it is very hard for you to create a great product.

I yearn to sell my intellectual property and make a good income from it.

My biggest problems:

1. picking the topic

2. feeling worthy to charge for it.


I'm just 19 so I feel like no one would take me serious. Plus I feel like a jack of all trades but a master of none.

I think the biggest problem with creating a product is coming up with a product that is unique and beneficial to consumers. I have been around internet marketing for some time and throughout the years I have seen so many product launches. The issue is as fast as they are created is as fast they are not worth much to the consumer. How many times can someone launch a Facebook marketing course or some push button system.

Another problem that is much overlooked by internet marketers launching a product is website security. This is highly important because once hacked you could lose alot of money. I seen products on bit torrent sites being offered for free everything from eBooks to software.

Most web hosting companies do not have a high level of security and if you put those generic user id's and passwords(i'm sure we all have at least once) then you really leave yourself and your hard work out there for predators.

The easiest thing I can think of for protecting your products is to purchase technical support from a company that will protect your network and product and services.

This way you do not need technical skills and spend time trying to protect your blog or site and risk messing something up. Leave it to professionals and have some peace of mind.

The reason why list building is daunting for some is because they aren't launching products.

Because most people don't want to work. They want some magic system that will make them millions by tomorrow afternoon without doing anything.

100% this! And no one said you had to actually 'create' it. You can always have a product created.

For me I believe is "No guidance-- where do I start?"
Most of people do not have direction what they want to do and they are afraid to take the 1st step even they do .

my biggest problem is finishing products..

I tend to loose interest in the final stages of creating products and start procrastinating and doing other stuff. I have so many great ideas that make me very enthusiastic that I get distracted...

I've now hired a developer to force me to keep on track (to provide my development with work and leaving me with time where I just HAVE to work and finish up products)