3 Successful Product Creation Tips - Online Business Ideas and ...

By Marshall Morrison

If you really think about it, the things you can do for your bottom line when you create your own product are tremendous. Ideas for product creation are amazingly simple to find, and we'll offer some excellent tips to help you in this regard.

Public domain information is truly huge in scope, and you're really only limited by your own imagination for product ideas. There's a neverending stream of information, in all varieties of format, that enters into the public domain. When the Copyright on any work expires, no matter in what form, it is moved in the "public domain". And what are the implications for you in this scenario? What this spells out for you is an opportunity to turn any public domain work into your very own product and sell it as your own. You'll be able to find many places on the web where the public domain information available. Realize what you're dealing with here, you have a published work and all you really need to do is update it, usually. If you want to make it even more worth it, you can simply make a few changes here and there to make the product even more unique. Your aim here is to create a product that doesn't take much time and also has a demand in the market. But it definitely can help you get started from scratch, without worrying about where to get the information for your product.

Another product that a lot of people do not even consider is a membership site. They have been around for years, but the technology has changed so much that they are not hard to create and operate. When you have a membership site of your own, it gives out a sense of authority and makes you look more credible. Another aspect concerns human nature, and these kinds of sites give people a feeling of exclusivity or belonging to something others do not. You really can go far to build a relationship with your customers, and in time they can build a lot of trust in you. A lot of membership sites offer specials and promotions for premium types of services and products, etc. The kind of content you offer in your membership site can be updated frequently or often as you want, giving you full control of the product, even after it's sold. Part of the reason marketers love these sites is that they represent continuity in the form of ongoing income each month.

Another good product creation idea is to targeted videos that offer a solution to a certain problem. Tons of IM marketers are experimenting with video based information products. People just love videos, and there are so many different things you can do with them. The learning curve for videos isn't bad at all, and you can find inexpensive if not free video editors out there including the free one that comes with Windows. Video marketing is still very young, and there is much room for growth and also many uses. If you're lucky maybe one of your videos will become viral. Now when there's so much value on free videos, you can only imagine what can value you can derive from the paid ones.

Lots of marketers feel they're not ready for product creation, so maybe start with something small and work your way up.

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