How To Generate Emergency Money NOW??!!
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Over the past 11 1/2 years, I've created dozens of information products, and sold hundreds of affiliate products. I've discovered what does and what doesn't work in quickly creating AND marketing information products. I've also shared with dozens of clients, and thousands of subscribers, my very successful methods for earning a living online. When I say shared, I'm referring to those who were willing to listen and apply what I taught them. Those who listened, but didn't do, aren't counted in that number because to me "sharing" is a two-way communication. Today, I'd like to share with you exactly what I've instructed dozens of people to do when they've came to me with cash-flow emergencies. These were people who usually came to me looking for a loan or a hand-out. Instead, I usually had them do what I'm about to share with you. I've learned over the year that giving handouts too quickly only conditions the person to come back a few weeks later for another handout. I believe that it's important to teach them a proven method for extricating themselves from such situations. Here's the exact plan that I've directed many people to follow: 1) Look around you, and identify two large, related problems that you could create two information product as solutions to. These need to be painful enough problems that people are acutely aware of, that they desperately want to solve , and that they'll pay for good solutions to. You generally want related problems because the plan calls for selling both solutions to the SAME people. You're going to sell the first solution through affiliates, giving them the majority of the money, and then you're going to keep at least half of the money on the second (backend) product. You're going to set up you sales process so that you "lead" with one product and then offer the second product as an upsell, or special offer after the first purchase is made. The reason that you're going to pay your affiliates so much is that you need them NOW. Without their enthusiastic promotion of your products, this plan often CAN'T work very quickly. The most CRITICAL part of this whole plan is step 1, and the most CRITICL part of step 1 is making sure that you identify a real problem that people actually want to solve. Otherwise, you end up creating products that no one will buy. When I look at why products fail, the number one reason (in my opinion) is that demand wasn't verified beforehand). Teaching you how to do the research is beyond the scope of this short article, but it only needs to take an hour or two. It IS too important to skip. An excellent guide to conducting painless research is Steve Wagenheim's "Niche Research Revolution." If you need help with the research, it's at: http://TheRealSecrets.com/SteveWagenheim/ 2) Create the solution (product), or better yet, modify and improve on an existing solution. If you are good at researching, or already an expert on a topic, then by all means write an ebook on it, or create a piece of software that solves a big problem. At the same time, in many niches you are surrounded by thousands of experts who have already done the majority of the work for you. They've already created the product and will often sell (or even GIVE) you the rights to it. Then all you need to do is refine and improve on these product that you have "Private Label Rights" to. Just go to any search engine, and do a search on your keywords plus the term "private label right" or "PLR," and you'll locate dozens of sources. Alternatively, just visit my blog, and you'll often discover dozens of people giving away private label rights for various reasons. That blog is at: http://WillieCrawford.com/blog/ Simply sit down and refine those PLR products (where someone has already done 90% of the work) into something truly valuable. 3) Get a few people to critique your product, offering you feedback that both allows you to improve your solution and that perhaps you can use as testimonials. After your product is created, simply post on a discussion forum (after confirming that it's permissible) that you are looking for product reviewers. You'll get dozens of volunteers. If you don't get dozens of volunteers, I would take that as an indication that you haven't really found a painful enough problem... at least not one that that particular community cares about. Do one product all the way through until it's ready to launch and then do the other one. For many people, doing them simultaneously is too confusing. 4) Set these products up for sale with their own affiliate program. Use a system such as Rapid Action Profits that allows you to pay instant commissions. The instant commissions are "key" because instant cashflow is as important to many of your potential affiliates as it is to you. You'll recruit lot of affiliates who are promoting your products almost on impulse.
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