One of the biggest hurdles new internet marketers face is
choosing what type of information product to create.
Since you most likely want to make a profit from
this, you need to create an information product that solves a
problem or tells people how to do something.
Solving problems is profitable.
Also, you want to make sure that there’s a
decent sized audience for this product, and you want to make
sure that they have money to spend.
So you wouldn’t want to create an information
product that solves a really obscure problem that is only faced
by a tiny group of people. And you wouldn’t want to create an
information product that appeals to a crowd that has no money to
spend, such as young teenagers or children.
If you have a skill and you can teach other
people - for instance, applying makeup, painting a portrait,
good golfing techniques, or installing a tile floor - by all
means create an information product around it.
If
you’re searching for ideas, try to identify what potential
customers need. You can do this by doing some basic Google
searches and by visiting internet forums or blogs that are
targeted to the area that you want to create a product for - dog
training, weight loss, dating forums, etc.
Another way to find out what people need is to
go to Yahoo! Answers and see what people are asking for help
with.
When you go to
www.answers.yahoo.com, you will see a list of categories on
the left hand side of the page. If you have an idea of what
general type of information product that you want to create, you
can click on the category that you are interested in and see
what types of questions people are asking.
Don’t ever be
put off by the fact that the product may already exist.
In fact, if there are NO other versions of the
product - you should worry. That possibly means there is no
market.
There is nothing new under the sun - but people who have an
interest in an area tend to buy a LOT of products that address
that interest.If someone is a fanatic about dog
training, they are likely going to buy more than one book on it.
If someone is desperate for romance, they will snap up any
product that looks like they offer a solution.
When you create an excellent product that solves
the problem, emphasize how good your product is when you are
promoting it, highlight common flaws that competing products
have and show how your product is better than the other
products... it won’t matter how many other competing products
are out there. Really.