Product Creation; The 24hr Hot Product Formula

Thursday, May 21st, 2009

The biggest dilemma faced by most new internet marketers is the simple question ‘What Niche?’, since everybody is searching for a good earner, one that has shoppers and if they are into Affiliate Marketing, has good converting products.

The thing is, most affiliate marketing involves selling a third party product and the affiliate gets a commission, but what if you had your own product, then engaged a team to promote and sell for you. That’s when your income jumps skyward, Right!

This, I am sure you will agree, is easier said than done. Writing a product is an enormous task, or is it? Thinking about it, how often have we seen internet marketers appear to create an endless supply of new products, yes, a fair bit of the time, certainly some are better at it than others. So there must be something we are missing?

Well a well know identity; Chris Rempel, aka The Lazy Marketer, has just provided a stack of the solutions, in a way that most people love: The 24hr Hot Product Formula. It’s based around over 2 hrs of Videos, literally looking over his shoulder as he shows how to create a product from scratch.

The series has 5 blocks of videos, starting with ‘Niche Research – Hot Markets’ then investigating what sells, what’s a dud and why, ‘Products you can Create Fast’, ‘Ad Copy that Sells’ then finally wrapping up with ‘Rolling out your Product’.

The first videos are real time as he undertakes his niche research from scratch, with markets he has never investigated and illustrates precisely the steps he takes as he develops his niche and strategy. I enjoyed this visual explanation of the steps taken, it becomes real and it is way easier to understand.

What Chris does is also great, even if product creation is not where you want to venture, because you start to comprehend the mental aspects behind what he is doing and why. You see the niche, then the products being sold, what sells, why and what to avoid. So if you are simply promoting someone else’s product, it helps to establish what to avoid. I mean, why promote a product, who’s official sales letter sucks, it’s not going to make you money, no matter what you do.

He also provides a terrific variety of worthwhile product sites, affiliate forums, and other important resources, many of which can have a huge benefits to the success of a product.

The 24hr Hot Product Formula is another brilliant product from Chris and the information is exceptional.

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Learn How To Discover Profitable Niches

Wednesday, May 20th, 2009

Some may say the biggest decisions for new affiliate marketers is deciding what to sell online. {Many|Some will|Most will} try every product imaginable in an attempt to find ways to make money fast. Finding a hot selling product or service to sell online isn’t difficult. With the simple tips below, anyone can find a hot selling product of their own to sell on the Internet.

To succeed with affiliate marketing, you have to find a product that many people purchase online. Not only that, you have to find one that Internet shoppers are likely to purchase over the Internet. Yeah, I’m sure there are some people who will buy a automobile or boat online, but not many. There are some product or service that Consumers want to see, touch and evaluate in person before buying. Can you blame them! Finding red hot niches that will deliver results to your blog is the secret to making money online.

Start by making a list of the things you like and are passionate about. It has always been said that you can sell something you believe in. This happens to be true. It’s also true that it’s very hard to sell something you know nothing about or have no experience in. That’s why it’s important in finding something that you are happy with or are passionate about.

Search Engines like Yahoo, MSN and Google have sections where you can go and look to see what the most searched terms are for the past week or month. This will tell you what people are searching for online. Google also has a section called “Hot Trends” that is updated throughout the day to show you the most searched for terms. This can be a huge benefit if you follow it over time.

The other section in Google you want to do research in is Google Trends. This tool will show you how well the product you’re interested in has been searched for in the past. Google trends is a free tool and one you should not overlook. You want to see the line on the graph either fairly steady across the graph or rising. A down pointing line indicates slowing searches.

My favorite place on Yahoo is called Yahoo Buzz. This section tracks the most searched for terms of the previoius week or month. It will also tell you whether or not your term is on the rise or tapering off. I believe Google Trends to more useful than Yahoo Buzz for finding profitable niches, but that’s just me. Practice with this for a while and you’ll soon be discovering keyword rich hot prodcuts and services.

One often overlooked place to find ideas is Ebay. Ebay has a section that will show you the most popular selling products. This can also give you ideas on what to sell on ebay and on the Internet as well. The section you want to look for is called Ebay Pulse. You can also drill down to find which specfic prodcuts are hot. For example, iPods are always hot on Ebay. But which color? Use Ebay Pulse to find which color or which model is hot.

Follow these simple steps and get comfortable with using them to locate hot niches. You just have to know where to look in order to find them. Picking an affiliate product just because it has a high payout is a sure fire way to fail. Pick something you know about and then research it to see if there is a demand for it. By following these simple ideas, you’ll soon start seeing your website climb in the rankings.

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