How to add $35k/mo – Part 2
How To Add $35,316 A Month To Your Online Business (Session 2 Notes)
How To Add $35,316 A Month To Your Online Business – Mark Sumpter
Grab the complete WSO here (3rd Feb, 2013):
SESSION 2 NOTES
You need a product to sell.
The most profitable product is Information.
Expert status.
All experts have their OWN products, what do you have?
100% Profits / Commissions
Only way to make SERIOUS money.
Build an affiliate army
Zero Risk and they work for free and sell for you.
Where to Find Ideas
Your expert knowledge
- what is your passion?
- what do you study?
- what specific knowledge you have that others don’t
Surveys (SurveyMonkey.com)
- survey your customers and subscribers
- ask them what their challenges and frustrations are
- ask what they need help with
- ask how you can help them
Forums
- niche forums (“your topic + forum” in Google)
- look for common complaints, frustrations, challenges
Google Ads
- what are other people selling?
- is there a market for your product?
Think two steps ahead
- will creating this product lead you closer to your main goal?
- don’t get side-tracked with your latest ‘great idea’
- will this product lead to another?
Interview other experts
- the teleseminar is a product
- the recording of the call is a product
- the transcribed call is a product
- recommended resource www.rtir.com
Product Ideas
1.) Video Tutorials
2.) Public Domain (eg Think & Grow Rich) – search “public domain” and “.gov”
3.) Book/Ebook
4.) Audio Book
5.) Seminar Videos
6.) Podcasts
7.) Resource CD or Report
8.) Mastermind Roundtables
9.) Free Coaching Calls
10.) Tele-classes
11.) Software
12.) Preview Calls
13.) Product Reviews
– Does not have to be perfect
– Remember, you’re selling your content, not your production skills
– Don’t worry about editing ‘ums’ and ‘ahs’
How to Create Software
OUTSOURCE
– Be specific
– Draw a process map
– Camtasia video
– Pay only after testing the product to make sure it works correctly
– Elance.com
– RentACoder.com
– Scriptlance.com
– AgentsOfValue.com
– GetAFreelancer.com
– Guru.com
– Network
Tools and Resources
– Camtasia
– TheBasementVentures.com
– InstantTeleseminar.com
– Acustica.com
– Audacity.com
– GoToWebinar.com
– Aweber.com
Fulfillment/Duplication Services
– Disc.com
– DiscMakers.com
– NationwideDisc.com
So what do I sell?
- Create your own:
– Ebook
– Articles & Reports
– Audios
– Videos - Private Label Rights (PLR)
- Ghost Writers
- Partner with Other Authors
- Interview Experts
Action Steps
- Grab a sheet of paper and start brainstorming what kind of products you could create
- Don’t judge yourself – just write down whatever comes to mind
You get 6 Sessions including video instructions & action plans with the complete WSO, so please purchase to get the full details, this is just a note-form version of Session 1 & 2.
Session 1 is “Success mindset = Focus on the positive”
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