To end this series in product creation I want to start off by giving you one idea: Don't waste time trying to make your product perfect. It's much more important that you get it out there in the marketplace, and start selling it.
You can always make improvements later. And as you make those improvements the value increases which means you need to increase the price. That, in turn, means higher profits for you.
But if you mess with your product in an attempt to get it just right before you make it available, you may very well never sell a single item. And that means all those potential customers who would benefit from the use of your product never get the opportunity to do so.
Start marketing your product to your list. If you don't yet have a list you need to start building one now. One way to do that is with Lead Lightning.
You can start with a free account, and build from there.
Let me give you a recap of the information I've given you during this product creation journey we've been on, and finish it out for you.
Having a product that you own means that you keep 100% of the profit for every one of those products when you sell them. You also control everything about that product from the price point to the selling techniques.
You have the ability to recruit an army of affiliate marketers to sell your product for commissions – which means a much larger volume of profit for you in the long term.
All of that power allows you to scale your business into a successful company that provides your family with a comfortable (if not luxurious) lifestyle.
During the process of creating that initial product, you gain the valuable skills and experience of learning how to research for content to put into your product. You learn how to arrange, format, and package that information into a finished product that your customers will benefit from for years into the future.
And you can package that information in a number of different product styles for increasing the customer benefit – along with your profit margins.
You studied copywriting, and know how to build a sales page that both explains to your potential customer what your product will do for him, and convince him as to why he should buy from you at the same time.
You've learned a lot about product creation during this series. The truth is that what I've given you here are merely basics. There's a lot more you can learn, but I advise you do that as you create other products to add to your marketing arsenal.
Study as you go on from here, and before long you'll be in the position where you're cranking out product after product, and building a highly successful business for yourself.
This ends our visit into the basics of product creation. I hope you got a lot of value from my time with you, and I hope you're well on your way to becoming a successful product designer, creator, and marketer.
Watch for my upcoming series.
During that, we'll talk about some ways you can let people know about your products, and give them the opportunity to buy them. We'll talk about methods for marketing your product.
That will help you put some extra money in your bank account.
While you're waiting keep studying Info Products Made Easy: Info Products Made Easy.
And get some products ready to put on the market, and put those methods for marketing to use.