Product Creation For Internet Marketers

Product creation tips: Most Internet marketers start out as affiliates–marketing other people’s products using PPC or SEO and trying to achieve top positions in the SERPs for their pre-sell pages. And, many affiliates do extremely well with this. However, at some point in time, most affiliates get the urge to create a product of their own and create an army of affiliates to promote it for them.

A new product launch can also be one of the fastest ways to build a list there is. If you can get some good super-affiliates mailing to their list on launch day you will have tons of traffic pouring into your site and you can collect names with an opt-in form.

But what about the creation of a product itself. Where does one begin the creation process? With an outline. With note cards? By brainstorming on a marker board? These methods could all work, but they all have one fatal flaw. Will I be able to convert visitors to my site into buyers with my sales page.

After all, there are literally tons of great eBooks out there that will simply never sell because their sales page is so weak it cannot convert visitors into buyers. Making money from an eBook has more to do with expertise in marketing than in writing a great book (sadly).

There are dozens of top-selling authors of eBooks out there who churn out one mediocre eBook after another, yet–they all sell like hot cakes. Why? Because they are master wordsmiths, they can adroitly craft a sales page that converts.

So here is a tip. Before you set of on trying to write your first eBook, try spending considerable time crafting your sales page first. That’s right. Create your sales page first. Make it incredible. Make it sizzle. Make extraordinary claims and promises. Create powerful testimonials (you won’t actually use these of course).

Then, once you have created the world’s very best sales page, go back and use your sales page as a blueprint to pour content into your eBook. Look at the testimonials you wrote. What content would you have to include in your eBook to compel readers to give you testimonials like that? GIve them the content and they will give you the testimonials.

Launching a New Product Or Service – Things Two Types of Women Business Owners Should Consider

Launching a product is an important step in growing a business. If you’re already in the business of selling products, it’s an opportunity to expand into a new market. If your primary business is in services, offering a product is an opportunity to get beyond the “dollars for hours” trap and begin creating residual income. In either case, launching a product, or even a new service, takes time, forethought and a great deal of investment. And, while it’s exciting, it can be stressful, too.

A new study from Jane Out of the Box, an authority on women entrepreneurs, recently revealed there are five distinct types of women in business. Each of these five types has a unique approach to running a business-and as a consequence, each of them has a unique combination of characteristics and factors. This article profiles two important Jane “types” and the things they should keep in mind as they plan for (and launch) new products.

Jane Dough is an entrepreneur who enjoys running her business and makes good money. She is comfortable and determined in buying and selling, which may be why she’s five times more likely than the average female business owner to hit the million dollar mark. Jane Dough is clear in her priorities and may be intentionally and actively growing an asset-based or legacy business. It is estimated that 18% of women fall in the category of Jane Dough.

If you’re the Jane Dough type, chances are good you feel totally confident about this launch. You’re a big picture gal, and you probably believe this launch will benefit your business. But before you go ahead with it, here are some things to think about:

o Staying focused on the big picture means you may fail to truly analyze all the potential risks and benefits of your new product or service. Although you make good business decisions and are able to separate your business from your emotion, sometimes you move so fast you forget to consider all the angles.

o Have you adequately assessed your market? Do the parameters and features of price points associated with the product need to be tweaked? Are you reaching your target market with the right message? You’ve got plenty of business coming in and plenty of other plans in the works. That doesn’t mean you don’t need to yield to those caution signs. Slow down and analyze all the intricacies, colors and patterns that make up the big picture you love so much.

o What about the system around your launch? Have you taken the time to explain to your team what they need to do to make the launch a success? Having a system in place can prevent problems before they happen-and just thinking about that system can make you slow down enough to consider all the angles.

By taking the time to understand exactly how this new launch fits in-rather than staying focused on the big picture vision, and forging blindly ahead-you’ll be able to learn from possible mistakes before they happen.

Tenacity Jane is an entrepreneur with an undeniable passion for her business, and also one who tends to be struggling with cash flow. As a result, she’s working long hours, and making less money than she’d like. Nevertheless, Tenacity Jane is bound and determined to make her business a success. At 31% of women in business, Tenacity Janes are the largest single Jane type.

If you’re the Tenacity Jane type, you’re no stranger to challenge. But that doesn’t mean you should create another one for yourself. Before launching a new product or service, ask yourself some questions:

o Is adding a product or service a smart business decision, or is it just something you just really want to do? Tenacity Janes tend to love what they’re doing so much, and want it so badly, that emotions sometimes get in the way. The deep and abiding faith you have in your business and in yourself as an entrepreneur is what keeps you going-but it won’t launch a new product and keep it off the ground.

o Is the timing good for adding another output for your business? For Tenacity Jane, finances are an issue. If this product launch fails, will it put you out of business? Is this a risk you can afford to take right now, or should you put it off until your business more stable? A product launch can boost your business-but it also can suck your resources dry.

o Have you done enough research and planning? For some Tenacity Janes, their business results from a great concept but a poor plan. For others, they have a great idea but no clue how to run a business. Make sure all your ducks are in a row before you launch a product. What if your product takes off? Are you equipped to handle a huge increase in business? Remember, if things go well, you’re going to be swamped with more work. And if they don’t, you’re going to be out a lot of money. Either way, you need to be prepared.

o Are you looking at this possible product launch as just another challenge? Well, it’s not! Launching a new product is a big deal. Make sure you’re giving it enough thought, time and attention. We know you’re familiar with struggles, but launching a product has the potential to take up even more of your time, use up even more of your money and cause even more desperation. Make sure you’re ready!

Each Jane presented here-Jane Dough and Tenacity Jane-has several things to consider before launching a new product or service. Each entrepreneur must decide whether this is the right thing to do for her business-and for herself. Because in the end, isn’t that what this is all about? Asking herself the right questions and thinking about the right issues will allow every Jane, when the time comes, to move boldly forward in the future.

Can I Do a Product Launch With Little or No Budget? Five Powerful, Proven Strategies

1. Offer a product that is wanted and that solves a problem. Most internet marketers teach this. The most simple and organic way to do this is to turn to your own life experience. Do you, or have you in the past had a problem that you really needed to resolve? If so, did you find a solution, or create a solution yourself? This is the best way to get to this nugget. The reason why is simple. First of all, if you have had this problem, it is likely that many others have had it, too. You can do some quick googling and find out if that’s the case. Second, it is most likely subject matter that have some expertise which you can share. Third, it is always the path of least resistance to start an online business when you have affinity for the subject matter. If you think about it, why would you market, say, tax preparation products if you had no interest or affinity whatsoever in the subject matter? This would be especially true if you hired an accountant every year and had no idea what that person did for you. But, let’s say that you have loved and grown orchids for the past 10 years, and you had done abundant research and testing, and had found out how to keep them alive and thriving? You would definitely want to get into the orchid arena rather than the tax arena. Start out with a little self inventory, and you’ll soon find yourself on the right path.

Cost: time output for research.

2. Create an online presence. It’s not nearly as difficult as you might think. Starting an online business does require online presence though, and these days it’s practically pain-free to throw up a blog using WordPress. It’s free, easy to install and there are plenty of design templates available at no cost. Taking the example of orchids, put up a blog and start writing articles. To get your subject matter, you may want to utilize the Google Keyword Tool, which again is free. Find high interest keywords and make them the subject lines of your posts. Your main goal at this point is to fill the blog with content. Think 20 posts, which sounds like a lot, but these days the standard for posts is 200 – 500 words. Not much at all. If you put up a post every few days, it would take a little more than a month. Once you have done this, you will automatically draw in search engine traffic.

Cost: $10 for domain name, $10 per month for web hosting service. Time output for setting up blog and writing posts.

3. Build a list. Now that you have generated traffic to your blog, put up a form on it in order to collect email contacts. There are some great ways to do that. You could offer a monthly or weekly news blast. You could write a one page report or create/find a video that is focused on a particular problem of your market and offer it to them for free in order to get the email address. There are programs out there that assist you in capturing email addresses by putting a lightbox form on the page, or popping up as people try to leave the page. These are easier to implement than you may think.

Another secret is this. If you open a gmail account, Google will give you $100 free of AdWords advertising. AdWords advertising will really pull people to your site. You could make your free offer through the ad you create.

Cost: Time output, unless you decide to spend more money on AdWords after your initial $100.

4. Build a relationship with the people on the list. Put together 5 really good email communications that have relevant information about your subject matter. You really want to send them 10 or 15, but you can get a good start with five. There is a specific way to communicate with people online, so it would help to either search for information about this, or to find a good book about it. But in any event, put five emails together that are really good and send them out, one every few days. Build up to the 10 or 15 over the course of a month or so. This is how you build your relationship. Whatever you do, do not underestimate this process. It’s your relationship with your list that is the backbone of everything else you do with your online business.

Cost: Time output for writing and generating emails plus cost of email writing book if you decide to buy one.

5. Interact with the list. It’s not you, a cold and emotionless virtual entity, out there building your empire and preying on the unsuspecting. Quite the opposite. You really want to be warm, genuine and interested in the people on your list, and you do want to interact. You want to find out what subjects they want more or new information about. You also want to find out where their pain and frustrations are. You want to find these things out because these are the source for your upcoming products. It’s good to keep in mind when you ask a question that a very small percentage that will actually respond so that you don’t have too high an expectation.

But you can get higher response if you hit some mental triggers. One of them is reciprocity, where if you give something to someone they will feel some sense of obligation to give something back to you. When you ask someone their opinion such as, “What do you think about this” or “What do you want to know about this,” or “I’m creating a product and I need your input so I can make the best product.” I think there is a little bit of reciprocity. You are giving someone your attention. Everything you do at this stage is building up to figuring out what specific items these people want information on. When you approach the list in this way, there will be certain things that will be repeated over and over again that are frustrating for the people in your market, and that is your cue for product creation.

Cost: Time output

So there you have it. These are five simple but powerful steps that anybody interested in being an internet marketing consultant can accomplish with $100 up front and $20 a month to spend. Many internet marketers are using these methods, but a lot of them don’t know that they originated with Jeff Walker’s Product Launch Formula. I’ve left plenty for you to discover when you are inside the Product Launch Formula training, because after all, it would not be cool to be revealing all of Jeff’s groundbreaking secrets.