Create Your Own Product. Earn Extra Money.
Posted on July 30, 2008, under Easy Extra Money Ideas.
Many people, including myself, earn extra money by being an affiliate marketer. That means, they promote in some way a certain product, and if someone buys it through their special link then they get a percentage of the selling price of the product. It’s not a bad deal. You don’t have to worry with customer service, and you can kind of walk away at anytime. However, it does have its disadvantages.
First, you have to constantly be finding new customers. Once a person leaves your site, you have no way of offering them the product you’re promoting again. You have to constantly get new people to your site.
Second, you are at the mercy of the product owner. If they change their offer, remove their product, or change their commission structure, there is nothing you can do about it.
One way to get around the problems of being an affiliate marketer is to create your own products to sale. Of course, you don’t actually have to create them yourself, you could:
- hire a ghostwriter or programmer from a freelance site
- purchase master resale rights to a product and sale it as your own
- convert private label rights material into a stand a lone product
By selling your own product you can keep all the money, and you can promote backend offers to your customer list. You know they’re interested in buying, because they’ve already done so!
Creating, or having someone else create, your product can seem like a pretty daunting task. There are many people who have gone before you on this endeavor, so don’t feel like you have to go at it alone.
Have you created your own product? How was the experience? What advice would you offer new product creators? What questions do you have about product creation? Let’s talk about it in the commends below.
