Friday, November 09, 2007

“How to Create Highly Profitable Product”

Think you need years of experience and education in order to create high profit products? Think again. You can create your own high profit products with absolutely no experience. This can be accomplished if you have the knowledge of the steps necessary to achieve this goal.

Let’s start with this question - Have you had an idea for something, but it was too complicated to create? For example, you may have an idea for a software program, but don’t know how to write computer code. You know how you want it to work, but don’t know the technical specs behind it.

So how can you create and build this highly profitable product? Follow these steps:

First step: Ask yourself - Why should you create a product?

Reasons include:

1. You want to make money. You aren’t looking for friends; you’re looking for cold, hard cash.

2. You want to create a brand name and/or you want to be recognized.

3. You want to create an opt-in list based on the product.

4. You want to capitalize on current trends in the marketplace. Essentially, you are creating a product that is going to solve the problem that people have. This problem is fluid and can change on a daily basis, especially since the Internet links the entire world in real time.

The good news is that you don’t have to know how to make a product because you can hire people to create the product for you. For example, for your software product you can hire a computer programmer that will write the code for you. You pay them a fee, but you will recoup this fee and much, much more so it is worth outsourcing the job to a professional.

Now let’s look at your Internet business website:
How many other websites are linked to you? This gives you your link popularity. Google looks at the number of sites that are linked to you. Don’t forget to look at the link popularity of your competitors. How many sites do they have linked to them?

Don’t forget your Opt-In List:
You can create an opt-in list on the page that sells your product. This opt-in list enables you to sell more of your other products to the subscriber.

So outsource the creation of your product and tweak your Internet business. This will lead to the victory of a highly profitable product.

Warmest regards,


Matt Bacak

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