Why sell the product? Why not a service or a service?
It really depend, but since the rise of online buying and selling, there are those who make products superior to services. Because it’s not uncommon you will see “services in-product”.
This is because digital products do not require production costs to be sold in large quantities. Once made, you can sell the product to many people at once.
Your product discovery can be duplicated to infinity.
In this guide you will get to know the easiest forms of digital products that you can make right now.
Not only that.
I will tell you 1 trick so that your digital product can be sold many times more than other products with similar contents.
What you have to prepare:
Before getting into product creation, here are the things you should have:
- Ability/skill to be converted into a product
- Target market, where they congregate, and their biggest problem
- The solution you offer to solve the problem
- Sales website and its content
Product creation is the fifth step. Not the first step as you might think.
This is because the product takes effort and time (and sometimes money).
If you build a product as front end from scratch before knowing the rest, you have an 80% chance that your business will fail miserably.
That’s why we must have captured the market potential beforehand.
3Ps in digital product manufacturing
- Packaging
- Pricing
- Positioning
These three are what you will define now.
By determining this, you will know what kind of product you will make, how much it costs, custom software and how to increase the price of your product.
Your task
Before ending this online business guide series, here is your final assignment:
- Turn the solution from the problem you selected earlier into a product topic
- Determine the packaging of your digital products, and arrange the contents.
- Determine the price
- Continue with the two positioning sentences above for your product
- Find some great digital product sales page examples
- Copy it, create a sales page, and start selling!
- Be careful not to imitate a product that looks suspicious.