You’ve heard it almost every where you go online; “to make the most money on the Internet you have to create your own product.” So you decide to take the plunge and make the investment of time and money required to develop your own merchandise and hopefully prove what you’ve heard to be true. However, the process of product creation may not be as difficult as you think because some merchandise can be developed within a matter of hours at very little cost to you and your home business.
Here are 5 product creation ideas you can choose from to help get your home based business established on the web:
1. If you’re already into writing articles and marketing them online then you can take a selection of related topics and combine them into an e-book. For example, if your website theme is Internet marketing you can select a series of articles related to this topic and form your content into chapters with some skillful editing and create your first information product on Internet marketing. You can then advertise your finished work on your home business site, drive traffic to your offer and watch the sales roll in.
2. Another relatively easy and inexpensive product you can create is an interview with an expert. For example, if your theme is Internet marketing track down an expert or one of the more successful marketers online and ask him or her for an interview. Don’t be afraid to approach them because they usually agree to your request for a couple of reasons.
First of all, their ego is stroked by the fact you’re referring to them as an expert and you want to create an information product based on what they know. Secondly, they receive free publicity which always helps with future sales and also results in a higher profile for them on the web. Record your interview on audio format and include a text version for people as well to add to your information product’s perceived value and promote it from your website.
3. Create a joint venture product. You could approach an expert and ask him or her to co-create an information product with you. You can share the work load equally as well as sharing the costs of development and promotion. When you have your finished merchandise and you’re making sales you can also split the profits evenly. This is a great way to cut down on your costs while increasing sales and profits as well as enhancing your reputation online by being associated with an expert in your particular field.
4. Create a course on Internet marketing by videotaping yourself explaining different aspects and techniques for driving traffic and sales to your home business. You can bundle these videos into a single product or create a course by presenting a different segment each week in your password protected members area. You can charge a set price for people to access your weekly class and this will also help establish your reputation as an expert in your field which also helps increase sales.
5. Create a step-by-step guide on information product creation showing people how the process works from start to finish. There are many people looking for home business ideas on the web and looking for products to promote so the market is growing every day and they’re hungry for your merchandise.
These are 5 very inexpensive and straight forward product creation ideas you can use to explode your home business online profits and help establish your enterprise as an entity to be dealt with on the Internet marketing scene.