As you probably know, social media can be a very powerful medium. It is easy to generate an income, as you probably know, using the product creation model. You will see that the sum is greater than the parts when you combine these two strategies ? a synergistic effect occurs.
It really doesn?t matter if you think this is viable or just plain silly. If you simply decide to try this out, you will see that it really does work. That is the thing to realize about yourself, everything that has ever been achieved in history began with a thought in someone?s head.
There are many ways to work with products you have created and have been around for at least six months. This process can be very simple, especially if the product is more than 12 months old. A product that is that old will more than likely need to be updated in some meaningful way that people will appreciate. Then you can market it as such and call it what it truly is. The more work you do on the update, the higher the price you can offer it for. Do not charge your existing customers for the update. Just send it out to them at no cost. It all depends on the original terms that existed when they bought it. An effective strategy, this is used by many businesses today to generate more sales. Another way to produce your own product is to take a product, change it in a relevant way that adds value to it, and then change the delivery format. Once you change the media format of the product, you can deliver it in a different way. You might find an e-book that you can make a video series with. Whether you make an e-book out of videos, or videos out of any book, it doesn?t matter, as long as you are making an unique final product. But you have to change the product, and this is not about merely copying something or stealing it. Do your own research to figure out ways to make your product better than the other one. This is something that has been done so many times by all sizes of business, large and small. Check out medical equipment ? some thoughts for up to date guidelines.
By changing the product format, you can actually a lot of value to your product in a very short time. To add value quickly, simply shoot videos and burn them onto DVDs for the customer to purchase. There are many strategies available. If you have a DVD or physical product that is more or less just information, then you can add PDF transcripts to it. You can use the transcripts as a selling point because many people like to read and watch videos at the same time. You could also create an MP3 of the video. Think about this, and also see what you have to work with. Creating a product with so many bonuses will be very appealing for many. Always try to understand your niche audience. This is the most important aspect of making a product that will sell. When you do that, then you can avoid all kinds of heartache that comes with making a product that nobody wants to buy. You can improve your odds by doing the market research ahead of time. Always do this before making a product.
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Source: http://articlereference.net/computers/uncovering-immediate-plans-of-product-creation-training.html
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