November 8th, 2008 — information product ideas
Okay so here is another info product idea for you today. And I just came up with this by reading the wired magazine.
They talk about how in these days online psychics are in high demand, probably because of the financial crisis and the state of the economy.
Usually one of the most commonly asked questions that people are looking for answers for from online psychics is whether their spouses cheating, but these days it’s about job security and money matters. They also ask whether they will lose their house.
And think about how much money people spend on these online psychics. The phone consultation is usually $2-$3 a minute.
But what’s really funny to me, is that online psychics charge anywhere from 100 to 1000 US dollars per hour. And even though people are concerned about their financial safety, they are willing to spend that kind of money on online psychics.
Obviously you should believe in that stuff if you want to create a product for this market. I don’t, so I’m not a good candidate to create an ebook, or an audio course that targets that market.
Anything about psychic tarot can be a really profitable info product.
For example, you could write a book like “Confessions Of A Medium Clairvoyant”, or “How You Can Become A Real Psychic In Just Three Weeks”.
Or you could create a membership site like “Train Your Psychic Abilities”, and every month you share new techniques and methods how people can improve their intuition and stuff like that.
“Numerology Reading For Beginners”, or something about astrology can also be a gold mine.
Now you can tell that I don’t know anything about this market. And never consulted with a psychic, and quite frankly, I don’t plan on ever doing so. But even with that limited knowledge and experience I could come up with a lot of information product ideas that I’m pretty confident could make you a lot of money if you’re knowledgeable about this, or you just hire someone who is knowledgeable about this and get it done for you.
You see, every time when people get afraid they are looking for something that can give them the feeling of security. Something to hold onto. They worry in the mind, and carry around all these fearful questions. That is why they turn to superstition. They really want to hear good news they can believe in.
October 21st, 2008 — information product ideas
Photography is a huge market. There are so many people were passionate about taking pictures. Many of the best sellers on Amazon are about digital photography. And let’s face it - Digital photography is basically replacing the old way of taking pictures.
There are people who love traveling around and taking pictures. And you can create a guide for them that shows them the best spots in certain areas. For example you can create the Southern California Outdoor Photography Guide. There you not just tell them what places to visit and take pictures, but you get them the exact spots and the best times.
If there are certain happenings that are taking place but make for great pictures tell them about that too. Maybe there’s a certain kind of animal that you can only see in the early morning hours right at the foot of the mountain. All the flowers that only have this incredibly beautiful look when they open up early in the morning. Maybe there is a certain kind of festival or gathering every Saturday at 6 p.m. where people get together, dressed up with crazy clothes, paint their faces and dance around a bonfire.
This is a pretty easy to create info product about your own neighborhood. Who really just have too take a notepad and brainstorm. Write down all the ideas that you have places that could make for great pictures. And don’t limit yourself here. Don’t just think of beautiful landscapes with romantic sunsets. Think of stuff that is a little odd too. Photographers love to be the people that discovered something that they can show their friends or display on their website. Something that other people look at and say: oh wow that is so cool!
You should price that product pretty low in my opinion. Just make it an e-book for below $20. Once you have their name and e-mail address you can still survey them and ask them what else are they interested in. Whatever they answer, this is going to be your next info product.
In fact anything that can show them how to make money with their photography they will want to eat it out of your hand. Because they love doing photography. And they are very serious about it. They read books about how to do it, different techniques and methods and what lenses are best for what kind of light. If you can show them how they can actually make money from that activity, instead of just spending money on their hobby that’s like you’re opening the gates of heaven to them.
There’s actually a lot of people who make money from stock photography. They just take good pictures and put them up on the stock photo sites, and every time somebody wants to use the picture they have to pay a license fee. Write a guide about that and sell it. Make it an audiobook, or even better make it a video course and put it on DVDs and at some printed reports and you have a home study course that you can sell for $197. You can just do screen recordings that leads them through the stock photo sites and shows them tricks that help to get more visitors and buyers for their stock photography. You can show them how to sign up and how to create a website so that they actually build their own business from that. You can really use your creativity here. There are a lot of possibilities once you have a list of people were passionate about photography.
Hope you enjoy this, hope you learn something and if you have comments or questions just write a comment below.
October 16th, 2008 — General
This article by guest author Jimmy D. Brown gives you yet more methods of coming up with information product ideas.
One of them is Amazon, and if you’ve been reading my blog you read about that before. It’s a really great place because you can really get insights into the mass market - this kind of data hasn’t been available a couple of years ago to but a few selected people who could afford to access that data.
But now, without further ado…
Idea Hangouts: Where to Find Hot Product Ideas to Use For Creating Your Next Best-Selling eBook
46,094.
That’s how many times I’ve been asked “Where can I find hot product ideas to write about in my next eBook?”
Really. I’ve been keeping count. :o)
OK, so it’s probably not quite that many times, but you get the idea.
I get asked that question a LOT.
And so, I’ve decided to share my favorite “idea hangouts”.
That’s right … “idea hangouts.” It’s been my experience that there are specific places where hot product ideas are always gathered. I call them “idea hangouts.”
*** Idea Hangout #1 ***
One of the “idea hangouts” that I’ve identified is Amazon.com.
Amazon.com is the web’s largest bookstore.
It’s also a community center for new product ideas. I use it as one of my top brainstorming resources. Again and again I visit this site to come up with topics to write about.
What makes Amazon.com so useful as a research tool for getting new ideas is their searchable database of books. There are thousands of great ideas lurking in there if you just know how to use it.
And that’s what I’m here for. :o)
I’m going to show you how to find hot product ideas with Amazon.com anytime you want.
It’s really a matter of three simple steps …
STEP 01 : >>> Decide Upon A Broad Category. When brainstorming ideas, you must begin with a broad category to work with. Some examples might be: weight loss, marketing, dating, travel, baseball.
So, you need that ahead of time. Figure out a broad subject that you know is popular (I.E. You know that losing weight is ALWAYS going to be a popular subject, as is “making money.”).
As an example for this article, I’m going to choose GOLF.
STEP 02 : >>> Search Amazon’s Database. After picking your broad topic to research, it’s time to visit Amazon.com.
Specifically, you’re going to SEARCH their database of books they are selling.
Upon arriving at their site, locate their SEARCH form. At the time of this writing, it was in the upper left hand corner of their main page. Pull the menu down and select BOOKS from the options.
In the space provided, type in whatever broad category you chose. I’d type in “Golf”. (You don’t need quotation marks)
If you did indeed start with a broad category, then hundreds (or even thousands) of book listings should appear as a result of the search.
STEP 03 : >>> Brainstorm Ideas From The Listings. Let the brainstorming session begin! Now it’s time to look at the books that are listed and write down as many possible ideas as you can find.
Look for the different TYPES of books written about the subject, identifying different THEMES, STYLES and SUBCATEGORIES.
Let’s look at an example …
When I searched for “Golf”, I was able to immediately spot dozens of great ideas. Here are a handful …
1. Becoming a better golfer. There are many golf books available in this area, covering everything from “A-Z of Golf Shots” to specific topics such as “Improving Your Short Game.” There were lots of different themes from “learning to break 100” to “shaving 10 shots off your score” to “7 shots that will change your golf game forever.”
2. Guides to Golf Courses. Again, we have many different ideas here. Specific golf guides like “Florida golfing”, “golfing in Tennessee” and “golfing the Robert Trent Jones trail” appear, as well as books on “the best golf courses in America,” “best kept secrets: great golf courses you’ve probably never played,” and “golf vacation guides.”
3. Profiting from Golf. More ideas pour in with “opening a golf repair business,” “becoming a golf retailer,” “learning how to caddy” and “buying & selling used golf clubs.” What about “running an online golf auction”, “organizing a golf tournament for profit” or even “writing information products about golf!”
4. Golf and Business. There are millions of dollars in business deals negotiated on the golf course every single year. And there are books available to teach folks how to get it done. “How to negotiate business deals during golf outings,” “Legal golf tax deductions for businesspeople,” and “business seminars and golf: how to mix training and fun for maximum profit” are just a few more ideas worth exploring.
5. Golf Products. My, my, my there are so many ideas floating around in here! Everything ranging from reviews of the latest golf equipment to ratings of golf courses to discounts on golf packages. Resource guides to finding the best deals on golfing products, how to negotiate discounts, and how to find the best products for your specific golf game also come to mind as product ideas.
One Broad Category (Golf)
+ Amazon.com Searchable Database of Books
= 28 Potential Product Ideas
See how easy that was? I found TWENTY-EIGHT potential new product ideas (and there were MANY MORE that I didn’t mention in this article) from a simple brainstorming exercise using ONE “idea hangout.”
There’s got to be a best-seller in that bunch somewhere. And certainly with a little “mix -n- match” I can come up with a hit product with these ideas.
Not bad, eh?
So, now it’s YOUR turn. It’s a simple system for coming up with product ideas anytime you want.
Like right now.
Jimmy D. Brown is the author of “Small Reports Fortune” - if you can write 7-15 page small reports, you can earn a living online working just a few hours each week from your home. Look for his EXCLUSIVE formula “Creating A Six-Figure Income With Small Reports” at http://www.SmallReportsFortune.com
Don’t underestimate the importance of these gigantic commerce platforms like Amazon.com and eBay.com when it comes to doing market research. You can find VITAL information there.
Also, look at http://pulse.ebay.com - it shows you the most popular keywords on ebay, and this gets REALLY interesting if you drill down into the final subcategories. It’s a pure treasure chest for information product ideas. And I don’t mean that you should focus so much on what EBOOKS are selling on ebay (yes, I know, I know - no digital products on ebay except on classified ads anymore, but you can still sell ebooks on CD and ship that out). That is just one part of doing your market research. But what you are really looking for is that little untapped niche. And you do that by looking for what products are currently selling like gangbusters and then creating an info product that compliments the needs and desires of the buyers of this product.
I hope you found this article by guest author Jimmy D. Brown useful, and I urge you to try out the ebay research method I put on top of that. A combination of those two can make you a fortune, if done the right away. And it costs you almost nada-zip-zero to do it.
October 14th, 2008 — information product ideas
Today’s infoproduct idea is about one of my favourite topics… FOOD!
Now, you might say: “Oh, gosh, yet ANOTHER cookbook?”
Well, that’s where you gotta be creative and do a little market research. But healthy, light cooking is in high demand. If you want to create a good product for this gigantic market, you have to understand their desires and wants. For example: being able to eat delicious food while staying (or becoming) skinny.
Now, there are ways to prepare food so that it’s healthy, and there are ways to prepare the same food in a way that it becomes a burden on your body.
And you can create an information product about that basic idea.
Tell them: it doesn’t matter WHAT you want to eat, but what matters is HOW you prepare what eat. You can eat (almost) anything, if you prepare it the right way.
(Noticed I slid in that little almost? Well, it’s true. Frankly, I think there is no way I would believe that eating ice-cream is healthy. But, if it says “almost anything”, that’s fine. I believe that. But I’m disgressing a bit into sneaky copywriting tactics here… BEING HONEST! Being honest is one of the best ways to build trust, which enhances the likelyhood of your prospects to make a buying decision a lot. But being honest also means you have to provide a quality product.)
There are a lot of different cooking methods - specially if you look at other cultures than our own. If you can assemble these cooking methods into one book, and give detailed descriptions of what the benefits of the different cooking methods are, for which ingredients they should be used, etc. That’s a pretty cool product.
And of course, you can always turn the whole thing into an audio book - or if you have the budget even a DVD set, where the different cooking methods are demonstrated.
Then you can market that product to people who are interested in cooking & health.
And on top of that, you could sell the resale rights to internet marketers who are active in that field. Or to website owners who run sites on cooking and health. If they have adsense on their website, you could place adsense ads there to send them over to your salespage. Or you could start an affiliate program and offer them a comission on every sale.
There are A LOT of possibilities on what to make out of that idea. And you really don’t have to be an expert to pull this off. All you have to do is make a decision: I want to do this. And then you do the research, collect the information and create a product from that. There’s more nitty-gritty work involved in getting this done, and if you have a specific question, just post it here in the comment section. But the point of this site is not to give you a complete a-z-blueprint, but to give you some tangible ideas on what you can create an information product about.
October 12th, 2008 — information product ideas
If you’ve been reading this blog, you are already aware that one of the best ways to create infoproducts is doing an interview.
But I get the same questions again and again: How do I find an expert to interview? How do I know which are the best questions to ask? How do I make this a really great interview?
Now in this post I just want to address the last question - how to make a great interview.
And I’m not even going to go into much detail here - instead, I’m gonna send you over to Sean D’Souza’s blog to check out “How to tell a Crappy Interview from a Great One” Part 1 and Part 2.
October 9th, 2008 — information product ideas
Now why would a graphic designers be interested in yoga? And why yoga specially for graphic designers? It’s really simple. Graphic designers sit a lot in front the computer. They look at the screen all day long, and work with a mouse all day long.
So they probably have a lot of tension in their neck, and maybe they also have problems with their wrist and index finger.
If you do a little bit of research, what precisely the problems all of these people are you can, with a unique solution that is custom tailored exactly to their needs. Just find a good you’re a teacher who is willing to give you one or two hours of his time, and question him what would be good exercises for persons with these problems. Record this interview. After that edited a bit, spice it up a bit with some medical knowledge and anatomical and physiological data. Talk to some graphic designers. This way you will get a lot of material that you can use for your info product.
And then you can basically do the same thing for people who also work on the computer. Webmasters, typists, transcriptionists, data entry people, programmers, accountants, etc. etc..
The reason why you want to make it specifically for a group like graphic designers, or transcriptionists, is because of marketing reasons. If you offer a solution specifically custom tailored for them they are much more likely to take you up on that offer.
You’ll also be able to understand a lot better what their emotional hot buttons are, that you have to push in order to sell the product to them. And it will be a lot easier to reach them, because you can do highly targeted advertisements for them.
And then it’s really up to you. You can do yoga for hikers. You’ll go for golfers. You’ll go for truck drivers.
Of course you want to do you market research first. Maybe you will find, that golfers are much more likely to buy a yoga course than a truck driver.
But once you’ve created that first “yoga for…” info product it will be pretty easy to create another version for another target audience.
This is a popular concept in direct-marketing that has worked excellently for the people in marketing. They take the general course on marketing and custom tailored for specific groups, like hair salons, real estate agents, dentists, retail clothing stores, and so on…
You could start out with your yoga for graphic designers product and just make that a simple report. A PDF document, written text.
Then you could create an audio version of May be booked and offer it as an upsell. As a back end product you could even offer a DVD with that you about techniques demonstrated by a professional yoga teacher. Or you could create a membership site where they get some easy to do yoga techniques and other health advise, for example, better vision. I guess that would be something pretty appealing to graphic designers. Or weight-loss — everybody wants to be in shape these days, so probably graphic designers too.
But again you get the point. You start out with this one highly specialized product, your marketing niche. And then you can either go deeper, and offer a back end. Or you serialize and move on to another market and just tailor your product to that market’s needs.
For more information product ideas just sign up for the free info product idea newsletter. Many professional marketers read it regularly and use it as a source of inspiration to create new products. And many have made lots of money from info product ideas.
September 9th, 2008 — information product ideas
I stole this from Eben Pagan’s talk at Frank Kerns Mass Control event in April 2008.
1. Is your prospect experiencing pain + urgency (or a strong desire)?
Your prospects needs to feel an irrational desire, a really strong emotion. Because otherwise they won’t feel like buying and you’d have to try to talk them into buying. You’ll need to be a master persuader just to get them to take action, and that’s just to hard to do and way to costly.
2. Is your prospect proactively searching solutions?
That’s why search engine optimization is so great - because the people are looking for a solution or information.
3. Does your prospect have few or no perceived options?
If your prospect feels like she has lots of possible other solutions, why should they buy from you? Then it’s just a question of price.
When you can came up with a product that fulfills on all these criteria - bingo. And there are opportunities like this in EVERY MARKET at EVERY TIME. Don’t think that it’s “too late to get in”.
August 24th, 2008 — General
Most people don’t know how to ask questions most of the time. I noticed this while attending a workshop on communication. There was a world-renowned expert, one of the best in his field, and he was doing a Q&A session with his audience. And the questions just sucked (90% of them).
A typical situation is this:
“I have a question. You see, my grand-father was a farmer who grew carrots, and he had this funny way of talking, I never figured out why that was, but… [bla bla bla] - That’s why I wonder, what can I do when a colleage doesn’t listen to me?”
Instead of just asking a question, they give it a whole prelude. Apparently so that the person being questioned “understands where the question is coming from”. But the thing is, you gotta be able to ask a question so that it can be understood.
That’s a big problem with many experts too.
They are really knowledgeable about their field of expertise, but they are not knowledgeable about what itches the people who need their expertise.
That’s why they talk about totally irrelevant stuff. Of course it’s not irrelevant to them, but it doesn’t matter to the person asking.
If you understand how to ask proper questions, you can get pure nuggets of gold from people who know their stuff. But if you don’t understand how to ask proper questions, it’s all fluff and fillers, and a waste of time.
In the field of neuro linguistic programming, there is the “Meta Model”. The Meta Model is basically a linguistic tool that helps you to ask questions to EXTRACT RELEVANT INFORMATION. Because that’s what questions are meant to do, most of the time.
(There are also other purposes of asking questions, but we’re not gonna go into that here.)
But most of the time, they don’t extract relevant information. They’re just an exchange of ramblings.
July 15th, 2008 — information product ideas
LifeHack just recently did a blog post on 80 How-To Sites Worth Bookmarking.
Explore them a bit and you will find that they are excellent ideas to create information products from.
Look at what kinds of how-tos are most popular - which ones get the most views, which ones generate the most buzz and comments, which ones are the most linked to?
Are there questions that are popping up for these videos? There are what I call goldmine-gaps. If you fill them, you might have created your own goldmine right then and there.
Check it out.
July 10th, 2008 — information product ideas
Mind Maps are really easy to create these days.
You just need a little piece of software, like MindJet MindManager, and whop - throw up a Mind Map.
Takes about 3 hours to really learn how to use it.
Then, about another 3 hours later you can have created your first really extensive mind map, with lots of details.
Great way to organize lots of information, assemble it in one place, put it all together in a way that makes sense.
It’s a piece of cake to make an information product from a mind map. Start out with turning it into a report or ebook.
If you want, then create an audio series from that.
And if you want to step it up a notch, make it video.
The great thing is, once you have it as Mind Map you already got all the information you need. And you even got the structure. Then it’s just sticking to it, doing it step by step.
Most people never get anything done because their too chaotic. And it doesn’t work for them to structure things sequentially in a textfile in the first step.
That’s where mindmaps are so great. Because they build the bridge between that information chaos and some kind of structure.
I know what I’m talking about, because I’m one of those people with a jumping mind.
And the only way to keep me at one task is an iron chain (well, I use discipline now, but it took me a while to get there).
If you’re like me: MIND MAP!
And then in fact INCLUDE the mind map in your product, because guess what… many of your clients are just like you! They like visual information. They like to get an overview like that. This ADDS value to your offer!