The best way to make money online, bar none, is to have your own product to sell.  Of course, it helps if that product is something in demand, and if your niche is willing to pay premium money for it.  There are some important factors to look at when creating a product.  Let’s take a look at how you can come up with your own profitable product to sell online.

Firstly, the biggest mistake most product creators make is creating a product first and attempting to find an audience for it afterwards.  You should actually go about this in reverse.  In other word, find a market, with an audience of thousands of people who want something, and then create a product that fits their needs.  This is a simple tip, but the most important one as far as having a product that is in demand and can be profitable.  Thousands of unwanted products sit online and never make a sale.  This problem could have been remedied with a little customer research first.

Secondly, try to find not only a market that wants something, but a market that wants it badly!  Information products do especially well on this point, and many of the most successful products are merely those that are marketed correctly to an audience in great desire for the information solution.  For example, internet marketers, especially newbies are often desperate to make money online quickly.  When was the last time you spent $97 on an e-book to help you do so?  Teens and adults who suffer from excessive acne are desperate to learn about what lifestyle changes or miracle cures are available to clear up their skin.  Someone worried about a pregnancy, a wedding, or a divorce would be very motivated to get fast access to answers to the questions they have.  Pick a desperate audience and supply them with the answers they want, and your product will be a winner!

Lastly, be ready to get outside of your own comfort zone.  Maybe you found a market for some information that is simply not within your knowledge zone.  Spend a couple of days researching that topic, via Google, online forums, professional help articles, and through any other means at your disposal.  What you will find is that in most cases, you can gather the data you need from many different sources and then piece it together into one cohesive product.  It’s not that most buyers couldn’t do the same thing, but they’re paying for the convenience of instant answers and not needing to research all aspects themselves.  If two days of research yields you ten years of product profits, isn’t that a worthwhile pursuit?

Also with information products, you can start with simpler lower risk ebook product or report and after successes, you can graduate to more extensive larger content offerings including courses which you can charge more for…!

So remember, the most important part of product creation is to discover a product that needs to be created!  Find a market that is looking for something, and then fulfil that need with your information solution. Then begin your online marketing efforts, and see the cash flow in!  Good luck in your Information Product adventure!

For online tips see Stephen’s Power Marketing: https://stephenomearaonline.com/powermarketer