There are literally thousands of different things out there that people can create, but it still amazes me that most marketers on the web only promoting affiliate programs.
Don’t get me wrong. I don’t have anything against promoting affiliate programs but if that is all you are doing then you are missing the boat. You see, one of the biggest and best reasons to create your own product is to start YOUR OWN affiliate program.
Think about the affiliate program that you are promoting now. Think about all of your valuable time, energy, and advertising dollars you put into promoting somebody else’s program. Now imagine if you had 100 people just like you promoting your product in that fashion.
Now, this might not be something for you. You may be reading this without any knowledge of Internet marketing. That’s fine. No matter who you are or what experience you have (if any) you can still create a profitable niche product or have somebody else create it for you and sell it on the web.
The other reason to have your own product is the backend. Each product your affiliates sell for you becomes another target customer that can buy products from you where you don’t have to pay any affiliates. That’s why you see some affiliate programs paying 60-75%. They aren’t interested in making money off of the first sale, they want the money that will come in from the second, third, and fourth sale. So the affiliate program owner will pay you 60-75% to basically bring customers into his sales funnel.
It is a simple concept, but I am amazed by how many people aren’t doing it.
I am mostly referring to digital niche products. These are usually digital “how to” products that you can sell on the net. I have sold both digital and hard copy, and digital has so many advantages, and hardly any disadvantages.
Digital niche products are products that it can be downloaded over the Internet. Hard copy means that you have to mail out a product for each order.
Here is why digital is where the money is:
– Totally automated. There are scripts that can completely automate order processing, product fulfillment, and backend sales process. You only have to pay once to get this type of deal set up. To have a hard copy product fully automated, you would have to pay a certain amount each time to get a company to ship your products for you.
– Digital products sell better. As long as you provide instant access to your product, meaning they can download it, you will make more sales. People can’t resist instant gratification.
– Less hassle. You don’t have to worry about packaging, shipping, printing costs, post office hassles, etc.. You create the product once, then make as many copies of it as you want to sell on the net.
I get emails almost every day from people asking me what is the best and quickest way to make money on the Internet. I have to say that there is NO way to instant riches. It doesn’t exist. But the quickest way that I know to create a big monthly income is to create YOUR OWN digital niche product.
Niche Profit Formula gives you a very simple system that you can follow to create your own product and get it selling quickly. The steps are all very simple. Just do them one at a time in order and you will do just fine.
Click Here for Niche Profit Formula