I’m sure you have heard or read that you need to have your own product to make any money.
“Ideas are easy. It’s the execution of ideas that really separates the sheep from the goats”.
Sue Grafton
Let’s look at the reason’s why we would want to create our own product.
Reason #1 Control
Affiliate programs can be good when first starting… the owner of the product handles all the details. You won’t have to worry about inventory and delivery, billing or customer support. You spend your time on promotion.
But what if your affiliate commission rate is lowered? What if the product is pulled off the market? What if all your affiliate programs aren’t enough to cover these loses?
Reason #2 Achievement
When promoting another persons product you’re building their business and success. Plus you can’t keep all the money.
Reason#3 Confidence
If your customer’s have a problem with the affiliate product all you can do is pass this information onto the creator. He is the only one that can change the product. You can’t do a thing with your customer’s feedback.
Reason #4 Consistency
You can build a long-term relationship with your customers through newsletters, special offers and hot new products. Ask your customers for feed back and prevent any problems before they start.
Reason #5 Income
In future posts we’ll look at different methods for creating information products. It doesn’t have to be like pulling teeth from a hen. Done correctly it can be very rewarding for you and your customer.
To your success,
1FlyingPig
http://www.1FlyingPig.com
