How to Create Your Own Product and Make Some Money

9 comments, 30/07/2011, by , in Marketing

Make Money KeyOnce commonly overlooked method of making money on the internet is to sell your own product. Most beginners to internet marketing believe this to be a difficult process and therefore miss the opportunity to make some very serious money. Let’s take a look at what you need to know.

A good place to start is to create a simple how to report. Think about the skills you have – most people have several skills that they take for granted and people will pay for a simple guide which explains just how to do a specific task particularly if in doing do they can save money or time.

The report does not need to be extensive. Aim for 15-20 pages and aim to provide excellent quality. Once the writing is done you can add an e book cover which looks like a 3d book cover. These can be created online and there are a number of free sites which allow you to create such a cover easily by dragging and dropping various modules and then clicking to create. If you are unsure then many people will create a cover for you for a relatively small sum – expect to pay around $15 for a good quality e-book cover. This is money well spent and increases the perceived value of your book.

Once the product is created you need to think about the best platform on which to place the product to sell. There are a number of choices including Clickbank and also Amazon. E-books are now outselling traditional books on Amazon, fuelled by the advent of e-book readers such as the Kindle. The beauty of this is that Amazon takes care of delivery of the e-book and also the marketing. There are few companies that are better than Amazon when it comes to cross selling and up selling products. They typically take 30% of the purchase price in commission which is not too bad since you get to keep 70%!

Another advantage of having your own product is that affiliates will help you to sell the product. This means that you become the employer and they are working for you in selling your product. Very good products attract affiliates and it’s not unusual to have a few hundred affiliates all working hard to sell your product. A good way of encouraging affiliates is to provide marketing material for them so they can use it on their websites. This could include images and sales pages – the easier you make it the more an affiliate is likely to want to sell your product as opposed to someone else’s.

 






9 comments

  1. Noo
    July 30th, 2011 22:49

    If I lose money on my product will that make me eligible for a
    government grant? Losing money seems to be the prime requirement for government grants these days.

    Reply

  2. July 31st, 2011 23:42

    Great article. I am in the process of completing my 2nd product now. Best decision that I made.

    Reply

    • August 11th, 2011 20:32

      if i have created a product and also selling o platforms like cb and amazon then any one pload it rapid share and other free hosting sevices how can i claim it nowadays these things are happening most frequently..

      please help me.

      rajuginne.blogspot.com

      Reply

  3. Haj
    August 2nd, 2011 3:58

    I think I too late in finding you information for what I am looking for. But thank you very much

    Reply

  4. August 5th, 2011 2:42

    Well. I have been running several blogs with different products and niche, but I have no success as I have few people daily visiting ….anyways thnx for share

    Reply

  5. August 16th, 2011 1:54

    I have always been thinking about this, and I think I am finally going to do it. I have made money trough affiliate marketing tough, another great way if don;t have a product

    Reply

  6. Akila
    August 16th, 2011 14:23

    Actually I do not know how create blogs and publish,only affiliate Manager I think in google has helped me doing this, but still I donot kno how I can earn money through this.

    Thanks

    akila

    Reply

  7. August 23rd, 2011 21:27

    great article….will come in use as i try to develop my own brand.

    Reply

  8. August 28th, 2011 1:21

    i think its a great idea..i wil give it a try. If it work then i will tell more

    Reply

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