When it comes to making money online there is nothing MORE POWERFUL than owning your own product. When you have your own product you have several BIG advantages over even the best affiliate marketers. Here are the top three.
- You keep 100% of the sale price, which means you can afford better advertising sources.
- You can recruit affiliates to drive traffic for youand only pay them after a sale is made.
- You become an attractive Joint Venture partnersince you now have a list of buyers, not just readers.
There are many more reasons why you want to have a product of your own. But those three alone should convince you of the money making power behind being a product owner. But creating products can be hard, right? There are SO many steps.
- Have the idea.
- Do the research.
- Choose the format – written, live, video, membership, etc.
- Determine the best price point.
- Write a sales letter.
- Find qualified prospects.
- Buy advertising to drive traffic.
- Create the product.
- Put it online.
- Keep it updated and current.
- Provide customer support.
- And even more!
How would you like to have a product of your own and be able to skip almost all of those painful steps?
Am I hearing a big amen? Today I’d like to share with you THREE EASY WAYS to create your own products quickly and easily. Let me say I’m sharing this from experience. I have done all three of these methods, continue to do all three, and teach all three as well. These methods work if you work them.
Method 1 – Resale Rights
The absolute fastest way to “create” a product of your own is with resale rights. When done right, resale rights products can do some amazing things for you.
- Provide you with a product you simply could not have created yourself.
- Put money in your pocket
- Give you a durable productthat can be sold continuously.
- Empower you to set up an affiliate program of your own, so others can promote for you.
- And even more!
Notice that I said, “when done right”. So what does “when done right” mean? I believe it means four things.
- You must buy resale rights products of the highest quality from the most trusted sources.
- The product you buy must make sense to you.In other words, you need to understand the product enough to see the path forward.
- There must be support if you need it.As a resale rights owner you will need a PayPal account (or other way to collect money). But you will also need to put a sales letter online. And your supplier should help you do that, or provide a recommended resource to help you.
- You must receive a sales letter, and marketing materials, that are proven to be effective.You do not want to buy rights products and then have to reinvent the wheel when it comes to marketing.
Read Also : Vidently Create Your High Conversion Video Promo
Finding great resale rights products can be a challenge. While you can Google “resale rights” and find plenty to choose from, the quality will often disappoint. When looking for resale rights products, I ask these two questions.
- What vendordo I trust online? If I have bought something from someone and been happy, my customers will likely be happy with products from that supplier.
- What persondo I trust online? This can be hard to find, depending on your niche. But knowing the person behind the product can be huge.
PERSONAL NOTE: I’m making my private list of trusted resale rights vendors available to only a few people. Click here to learn more. If you find resale rights products that make sense to you, are affordable for you, and are from someone you trust, you have hit the jackpot. One word of warning: Resist the urge to think you can buy lower-quality resale rights products and “make them better”. I have personally wasted thousands of dollars, and hundreds of hours, chasing that particular fantasy.
Method 2 – Interview Others
This is a method of product creation that was popular about 10 years ago but lost its popularity (for reasons unknown to me) and is now surging back. And with good reason … this method works like crazy! When you interview others to create a product, everyone wins.
- The product owneryou interview wins because he or she gets exposure to new audiences.
- You winbecause you create a product by simply curating the information in the interviews into a product for sale.
- Your customers winbecause they get access to experts they would not normally know about for the lowest price possible.
When I share this idea with clients they often resist the idea, thinking it’s too complicated or that no one will respond “to them”. Nothing could be further from the truth. Most people think that “interviewing” experts means being on camera in a live interview and asking probing questions.
Not true at all. The goal here is not be Oprah but to make it easy for the person being interviewed while delivering value to the people who buy access to the interviews. Since this article is not about doing interviews, let me close this section with two idea starters.
- Do an emailWrite out five questions to which you would like to have answers. Email all the experts you can find in your niche and be transparent about what you are doing. Compile the answers into a PDF so that you can sell access to the downloadable PDF. Offering to share profits is very wise here.
- Use a simple technology like Skype(or Instant Teleseminar) to record voice interviews. Then sell access to the recordings inside a simple membership area using WordPress for access.
I have done both, as both the interviewer and interviewee, and they work wonderfully well.
Method 3 – Outsourcing
Ah, outsourcing. The siren song of the busy person. Listen, outsourcing can be wonderful. Or it can be purgatory.
I believe there are three keys to outsourcing effectively.
- Being able to see actual samplesof the person’s work before placing the order.
- Communicating openlyso that the outsourcer clearly understands what you are wanting and commits to delivering on time. That includes showing the potential outsourcer examples of what the finished product should look like.
- Establishing definite milestonesso everyone is on the same page when it comes to expectations and timing.
Underlying this of course is the idea that you can afford outsourcing. While it is easy to rationalize the expense of outsourcing by comparing it to what your time is worth, most people forget to factor in the delays of setup and communication with outsourcers. For example, I can knock out a squeeze page in less time than it takes to arrange it via an outsourcer.
Of course, Clickfunnels gives me a huge advantage here. I can simply clone a successful page, make some changes, and it is live online instantly. No FTP, uploading, or WordPress. One major factor in outsourcing is to find someone in your niche. While there are some “general contractors” out there who are good, you really want someone who understands your niche.
The last thing you want is to pay money and then have your outsourcer spend time learning your niche. Personal story: I hired an outsourcer long ago who spent over an hour learning what an “ezine” is. I could have cleared that up in 2 seconds. Totally my fault for not thinking ahead.
Want to learn to outsource the profitable way? Click here.So there you have it – three easy ways to create your own products. Let me close with these questions.
- Which of these three methods appeals to you most?
- Have you ever tried any of the three?
- Do you have questions about anything in this article?
- Share your answers in the comments and let’s all learn together.
Whatever you do, do move toward having your own product soon. Having a product of your own really does build authority, put you on the radar for joint ventures, help you get more traffic and build your list much more quickly. And those are beautiful things indeed!
Resource : https://charliepage.com/3-easy-ways-to-create-your-own-products/?utm_content=10427053&utm_medium=Email&utm_name=Id&utm_source=Actionetics&utm_term=Email
Make Money With PLR Products
Are you interesting and eager to find out the latest creation, a powerful “PLR products” ready to plug it in and start making you as much money as you want starting today? If so you can get the most advantage of a really hot topic for businesses nowadays. Remember many of you have been try to creating your own products for your own launches. Some of you stopped everything and realize that what you are doing were wrong and started again to concentrating on the successful parts of your business. If you own the perfect product, you have in your hands a really powerful profit making machine that you can turn on whenever you want, and make money from it as many times as you want from the same audience that is passionate about it. You also can even create a monthly membership.
But there are a few questions that come before you take action further: Are you really a good product creator? Why not thinking about the PLR product? PLR product usually created by professionals, but often they do not have the time or the expertise to market their products themselves. As a result, instead of selling their products directly to customers, they often sell the rights to marketers to distribute their products for in one-time license fee. Do you have time to create the good product? Or do you have money to outsource the product? As we do know that creating a product takes great talent. You need to be a real good at writing content, and mastering a step-by-step proven system that can bring attractive results to the buyer.
You need to be able to create a great and extremely high converting sales page, you need to be able to record live videos and have the ability to talk on the microphone with a nice voice. And of course, you need to be really good with graphics. Let me tell you that there is a lot of competition on all this. I do know that creating a product takes a lot of time and effort. Let me show you a really nice chart where I may point out all the time that it takes to create a high quality product.
Find The Best PLR product Here
As we know Private label rights products (PLR) come in various forms including e-books, software and courses. PLR product was created by professionals, but often they do not have the time or the expertise to market their products themselves. As a result, instead of selling their products directly to customers, they often sell THE RIGHTS to marketers to distribute their products for in one-time license fee. PLR products can be found on the internet, and you can find free ones to start your collection with, or if you like the best of it come to offers.hqplrstore buy it so that you can on-sell to others and also have other people become affiliates with. One of the key things to do when you find a PLR product is to re-name or even re-write the product, so that it is different to what is already being put out there, otherwise what you are selling won’t be that different from what others already have out there in the online market.
Best Ways to Make Money With PLR Products
The big mistake that people commit is to use the product just the way they receive it. This is a fatal misstep for your business because hundreds of other people buy the same packages of products and you risk having the exact same content on your site as on theirs. There are so many things you could do to customize this content to your site. In addition, also need to know how to make a product valuable by adding or deleting certain aspects of it. One good way of increasing the value of your product is to split it into smaller parts in order to give it away as short reports or to add to your email autoresponder series. You should also add extra text as well as audio and video content in order to make it more attractive to your customers. There are so many more ways of adding value to your product so that your revenues keep climbing. After all, this is what you have entered this business for. You could always acquire this knowledge the hard way, learning from your mistakes but there is really no need to do things this way when you have reliable short cuts available.
Do you want to make money online instantly with your PayPal account? But, initially you feel that you haven’t any marketing skill. Don’t worry; it is also possible for you to make easy money online. You just need to sell PLR products. You no need to create your own eBook to sell it for profit. Internet is full of information and you can find some PLR ebooks and software to sell them for profit. You just need to buy a PLR product once and after that you can sell it multiple times with full profit.
Ways To Make More Money With PLR Products
By Tim Gorman Although there are many ways to make money with PLR products it’s the Internet Marketers that go the extra mile and distance themselves from the competition that truly make more money from the PLR products they purchase, modify and then sell for a nice profit. Consider your standard private label rights purchaser. This marketer knows what PLR stands for (private label rights) and also realizes what can and cannot be done after purchasing a PLR product, based on what the license or rights allows. Initially, they start out strong by conducting research in order to find a great PLR product to promote.
This particular product is the complete package, meaning it comes with the actual product, a sales letter, graphics and a few bonus items. With the research out of the way this marketer makes their purchase, orders a domain name, buys hosting and immediately uploads the product on to their server and gets the Paypal button all setup so sales can start rolling in, or will they? Before you answer that question, consider this fact.
It’s a good bet that this individual is already ahead of most of the other people that purchased this same PLR product because the truth is nearly 80% of the people that bought this same PLR package will do nothing with it other then collect digital dust on their computer’s hard drive. Knowing this fact, it is safe to assume that this online ntrepreneur will indeed make some sales and perhaps recoup the amount of money they initially spent on the product but there is also a strong possibility that they won’t make a single sale because they failed to take some additional steps that would almost guarantee profitability from their new PLR purchase.
Step 1: Graphics Overhaul – Personally I like to purchase complete private label rights packages and then modify them as I see fit. The first step is to always order a new set of graphics from a designer or create them yourself. This simple step will already set you apart from 90% of your competitors that purchased the same PLR package. Additionally, taking the time to perform a complete graphics overhaul affords you the opportunity to change the name of your product completely. For example instead of your product being called “Potty Training Made Simple” (the original name on the graphics that came with the PLR package) you could change the name to something like “Easy Potty Training Solutions” or “Quick and Easy Potty Training”.
Step 2: Combine Similar PLR Products – Although combining 2 separate PLR products, that cover the same niche or topic can be profitable I have personally found that when you combine 3 or more products the profitability margin increases based on the perceived value by a visitor to your website. For example I might take a set of PLR videos on social bookmarking techniques and combine them with some PLR reports on social bookmaking that have come from several sources.
Here’s a better explanation: PLR Product Number 1 – Set of 6 social bookmarking videos PLR Product Number 2 – Report on social bookmarking PLR Product Number 3 – Reports on Facebook, Stumbleupon, Yahoo Answers…etc Although each of the three products above were all separate PLR purchases and could be sold separately, when combined they are able to form one super product that compliments itself nicely and allows you to raise your selling price from say $17 or $27 to $37 or even $47. Also there is already a built in time and cost savings because you only have to purchase 1 domain name, host 1 website and spend time promoting (sending traffic) to 1 website.Thus far I have provided 2 simple steps that can significantly increase the ROI for your PLR product.
Here are two additional profit-enhancing steps I take with the PLR I purchase and then resell:
Profit Enhancing Step 1 – Adding affiliate links throughout the report. This is a great way to increase your opportunity earnings after the initial sale. I call them opportunity earnings because the opportunities are present provided you take advantage of them. You can have links embedded in your report that lead back to an affiliate product you are promoting or to your own line of products.
Profit Enhancing Step 2 – Instead of adding in a one time offer or upsell on the download page provide a customer appreciation price – Although there is an abundance of statistics that clearly prove the sales volume increase based on utilizing a one time offer or upsell I prefer instead to provide what I have coined a “Customer Appreciation Price” or CAP for other products that I sell. What makes the CAP different from the OTO is in the fact that the CAP never expires or goes away. I keep it on my download page forever so that anytime a customer visits the download page they still have the opportunity to make a purchase. Remember that marketing adage about someone needing to see something seven times before they take action. With a OTO they don’t but the CAP allows them to see the offer multiple times especially if you keep updating the download page with new materials to be downloaded on a weekly basis.
One other quick note, I don’t usually modify the salesletters unless I combine 2 or more products in which case a modification of the salesletters is required. Normally I just combine all of the saleletters into one easy to read salesletter that flows nicely. For more innovative ways to profit from PLR products [http://www.netsenseplr.com] make sure to visit [http://www.netsenseplr.com], a website that specializes in providing a course on how to really make money with PLR products [http://www.netsenseplr.com]. There’s the money losing way and there is the “Netsense PLR” way to making money online! Article Source: http://EzineArticles.com/expert/Tim_Gorman/2451
So here are the ways to make money with PLR products:
First. Buy a PLR product which has a sale page. Upload this sale page on your website and sell this product as it is. Use PayPal as your payment method. PayPal will tackle all payment headaches. If you use PayPal, then you will get instant money after each sale.
Second. The second method is you should buy more than one PLR ebooks that are related to each other. Thereafter, combine these ebooks into one big product. And sell this image product in comparative low price. But in this method, you have to make your own sale page.
Third strategy is you can edit your PLR eBook and give it a new name. Also, put your own knowledge on it. And sell this new product with resell right.
Fourth strategy. Buy 4- 5 related PLR ebooks. Use one eBook for your opt-in email list. And combine rest of ebooks into one mega product and advertise your website on Google AdWord. Also use article marketing to advertise your website.
Since there is a whole industry built upon this concept there is an enormous lot of information available that is based upon other people’s successes and failures. This makes an invaluable source of knowledge that you can ignore at your own risk.