Sunday, August 27, 2006

Steps to Product Development - Part 2

Some more ways to create you product are:

Video - you can create videos using CamStudio or YouTube - video products are currently hold the most preceived value, meaning you can sell it for a much higher price.

The most common type of product is an ebook/report - the only difference betweek an ebook and report is the amount of pages. Reports tend to have a smaller preceived value because it there is less info/content. To create a report or ebook, you need a word processor - OpenOffice writer - as a bonus with OpenOffice Writer it also allows you to convert your document to a PDF file. No need for any additional software or trials...

Now probably the hardest part of creating a product without money is getting the content, if you have some knowledge or are an expert in that niche, this won't be a problem for you. But for those that do not have much or any knowledge on that topic, will have to do a lot of research to come up with the content - answers to what your future customers want. A great way to by pass this part is to find someone else that has that knowledge and start a Joint Venture with them. You should offer a percentage of sales made, links to their website in your product.

Some other ways you can find content is getting PLR articles on that topic and compiling them into a report or ebook.

Ok, thats all for today, tomorrow I will be adding a few paid ways to get content, but they won't cost you an arm or leg. Available under $20, or more if you have the money.

Have a great day
Mike G.

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