I am thinking about making my first product: an ebook. How do I know if it will be successful or not? The keyword I will be after shows 13 million pages but only 2 sponsored links. Is it worth it?
No of search results and no of sponsors is not a good way to measure the potential worth of a product, on internet. You must find out how many people use your target Keyword to find an ebook, in all major search engines. Suppose your keyword generates 13 million result pages. But there are only 2500 people who searched for this keyword in one month. On the other hand any other Keyword generates 5 million result pages, but 25000 people searched for this keyword in one month. This keyword will be more beneficial.
I am also thinking to launch my own product and I am working on it. I am taking my time doing research, because I think this is the key. to find the best possible balance between competition and searches made per month. once I am happy with my research I will create my product. I will not rush to create my product, I will take my maximum time doing research and I think you should to!
I think you should since you will never really know until you do it or someone esle beats you too it.
Why create your own product first when there are so many around that are selling? You can do what you like AFTER making a living from IM, isn't it? At least that's the approach I am being taught.
smile633 - so all those product owners aren't "making a living from IM"? Who says "IM" has to be affiliate marketing? Being a vendor is a great way to earn money online. I have a big product in the works right now which I can't wait to release into the Clickbank community . That said, I still make a decent buck from being an affiliate too!
I am working on my second product and hoping to get it onto clickbank before someone else does the same thing. My suggestion (unless it is in my niche ) is to go for it. First the initial cost to be a clickbank product is very little. Second, a good product might be selling for years to come. Third - affiliates. I love it when I see an affiliate sale in my account. By the way, you can still cross market your product while you are marketing others. For example, I place my product banners on pages where I might be reviewing a different product, or writing about a tangent subject, etc.
I agree 100% you can to both. I have been promoting CB products for more than 4 years and only now I have released my first eBook.
You could look into the products by John Thornhill : He shows you from start to end how he created/modernised and old PLR product into "JV Auctions" and sells that on ClickBank now. I realise that you are probably writing your own ebook, but he also shows you how to setup the affiliate side of your business, etc. He sold this initially for $47 as an introductory, with the warning of increasing it to $97. He did so on August 25th. http://www.profitfromplr.com/ Code (markup): He has a Q&A post about this product over at his blog. Complete with a call to take action at the end. : http://planetsmsblog.com/profit-from-plr-your-questions-answered/comment-page-1/ Code (markup): He also offers his own mentorship program for product creation : http://www.mentorshipmonthly.com/ Code (markup): But also does that over at Silent Team : http://www.mysilentteam.com/ Code (markup): Apart from Silent Team and his blog, the other products are offered through ClickBank.
Just, promise to give all of us who responded a pre-launch advantage when you're ready. Just kidding. Good luck with it.
I agree, not everybody can be Holly Mann or the Rich Jerk, you need to hit at least one homerun before you can write an ebook to teach people how to hit a baseball.
Planning for a year is a sure sign that you are trying to win the 'Procrastination King/Queen of the Year Award' Quit thinking about it it and do it it. Take action. Doing something is better than nothing. Even if you fail and don't sell even 1 copy, at least you can learn from your mistakes and make the next one better. Hint: If you have a mailing list you won't fail. You will at least sell one copy to your list and probably more.
It really is hard to launch anything on your own. Doesn't matter if it is a conventional brick and mortar corner store or on the internet. In many ways the internet has allowed many to launch a business that could never have afforded a conventional business. With that said, it still is hard work. You could be selling $100 bills online for 10 bucks and maybe not sell one at launch because no one knows about it. The similar things about both types of business are these: no one will work hard in your business until you have done all of the "heavy lifting" all by yourself early on, and you need adverstising. The second one can be tied to the first one in that you can get ads in front of many different eyes on the net for free, just takes lots of "work" on your part. Anyway, just found this site and wanted to try to contribute a little something from a guy that has done both types of businesses.....Good luck and, yeah the post above said something I agree with, go ahead and launch, you can, and should update and tweak it everyday but once it is out there it may in fact motivate you to pour your soul into it, which is what will lead to success!
This is true, no argument there. The only point I was trying to make is that you can't launch a product until you create one and you're not going to create one by sitting and dreaming about. Don't take a year to plan writing a report. That is a year wasted. Instead of dreaming, sit down and write: 1. A business plan, set some goals. 2. Write an outline for your report or e-book 3. Write the report or e-book 4. Format the report, ad images, add a table of contents and a disclaimer 5. Turn it into a PDF file/ 6. Create the graphics 7. Write an autoresponder series 8. Set up the autoresponder 9. Write some articles 10. etc, etc, etc The more you write the easier it gets and the ideas will flow. Create the product first. Once that goal has been accomplished. Work on a site. Goal accomplished, and then work on the launch. Put things in the order that works best for you and get them accomplished, one bit at a time, but "getter done" LOL
I'm not sure I understand what you are saying. What I think you are trying to say, correct me if I am wrong, is that you feel you can do just as well with affiliate marketing, so you don't feel you need to create your own product. If that is what you are trying to say, I think you are right. Some people do very well as an affiliate, some don't. Some do better selling their own products, some don't. It all depends on the individual. There are as many ways to make money selling online as there are people with ideas, but they all involve selling in one way or another. Selling stuff on the Internet is all that "Internet Marketing" is. Regardless what niche you choose to work in, it does take work, focus and commitment. It is not as easy as some "gurus" would have you believe, but it is do-able. Starting with affiliate marketing (selling other peoples stuff) is a great way to learn the ropes and make some cash. It is a great way to have multiple streams of income, especially if you are able to sell monthly memberships. Then you get monthly commission checks as long as the buyer remains a member. As you learn more about your niche and about working online, you will eventually want to start creating your own products to sell. You make more money that way, as long as you create a worthwhile product.
And remember, affiliates need a product to sell. When you do get your product online, don't forget to come back and let people know. If it is a clickbank product, for example, post a thread about it in the clickbank area here at DP. Some of us will be certain to take a look at what you offer and if it matches their niches, you might pick up some good affiliates and some sales...
I haven't read any of the previous posts, but let me tell you what I look for in a product. It has visible signs of quality. A long sales letter with cheesy pictures will not attract me to promote the product. I have seen great versions of long sales letters, but I've seen many more that disgust me and make me wonder how any person would buy that product. They usually remind me of a cheap car salesman. A 'real' website with a professional template would simply convert like crazy. That's why a lot of registry cleaners are successful, because the landing pages appeal to the eye easily and instantly instill trust in the buyer. Of course the product needs a demand too, but to be honest, a quality landing page or website will perform well in any niche, no matter how much competition is present. If it's pleasing to the eye you'll get more affiliates and a higher conversion rate. I know some people will disagree with me, but that's what I personally think.