Your Knowledge Could Be Earning You A Fortune
Are you a frustrated entrepreneur? You have the desire, enthusiasm, business skills and passion you will need to be a huge success, but there is one major obstacle blocking your way -- what do you sell?
You are not alone. The top concern of most budding entrepreneurs is finding high-profit, easy-to-ship products they can market for fast profits. You will be amazed to know that you can have your own hot selling product in days by packaging information you already have. Want to know how?
Here are three powerful techniques you can use right away to develop your own hot selling product ideas, whether they lead to books, reports, newsletters, audios, videos, workshops, courses or subscription-based web sites.
Successful entrepreneurs such as Yanik Silver, Marlon
Sanders and Corey Rudl have used these techniques,
now you can use them too.
Success Tip #1: Package information about your hobby.
Hobbies are rich sources of hot selling information products.
You have intimate knowledge of your subject matter
You have a deep understanding of what other hobbyists will want to buy - because you want it too!
Passion and interest will make this fun, not work
Your personal experiences and hands-on knowledge will add credibility and value to your information
You know your audience. This gives you a tremendous advantage positioning your products
You know how to access your market, because you are already there.
You are committed to this market, because it´s what you love to do
There have been many hot selling information products developed based on this technique including a book on horses, an electronic book on gardening, a super successful web design book and many others.
Why not profit from your fun?
Success Tip #2: Develop a product based on your career knowledge. Ironically, many entrepreneurs looking to escape their jobs overlook the fact that they have gained substantial knowledge, experience and contacts into their career space.
It´s not necessarily the market you hate about your jobs, but rather the limits current employment places upon you. Try altering your perception and think as if you are an expert in your career market. What problems need to be solved? What do people really want in that market space?
What types of information did you seek out when you
were employed in this area? Put yourself in the place of
your customers, what would they pay any price for?
Don´t overlook the value of your experience and knowledge, no matter how much frustration or anger you may have over your career. Who knows, perhaps ideas based on your career market will allow you to one day buy the company you used to work for.
Success Tip #3: Create Your Own Brand. Large
corporations do it. Pepsi, Coke, Ford tough, BMW. You
know these product manufacturers because they have
deployed branding techniques to set them aside from
their competition. So why not brand yourself.
Here are some simple techniques you can use to brand
yourself through information products:
Break your information into a series of easily
Develop a label for your series of steps - the
PROGRESS system for productive meetings
Label your system using a catchy phrase (Ex.
Chicken Soup for the Soul Series)
Use your own name as label for your solution.
Good approach if backed by a service you provide
Carry your solution through to multiple information
products. Label solution applicable to multiple problems
Market your labeled solution everywhere. This is your
Developing your own brand is an incredibly powerful method for increasing your credibility, adding value (and profit) to your products, assuring long-term success as your brand spreads virally, and gaining the free publicity that is such an important marketing technique to massively growing your business.
Creating your information products is not difficult if you stick with what you know, and apply proven methods for creating hot selling ideas. There are many techniques you can use to develop products that will sell at almost any price, these 3 will get you started right away.
This information is an excerpt from Jeff Smith's highly regarded multimedia package titled "The Ultimate Information Entrepreneur´s Success Package" at www.infoproductcreator.com
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