04-15-2008
Turn Problems Into HUGE Profits
One of the best product creation methods is to find a problem and then create a solution for it.
If you need to find a problem to solve, visit pretty much any forum. Especially IM ones.
Once you have the solution, you let people know a method to solve the problem and then a day or two later, you sell them the solution.
- Find problem.
- Create solution.
- Tell a method to solve the problem. (Prelaunch)
- Announce your solution.
It’s really THAT simple but incase you need a little help understanding it, here are some examples.
Example 1:
eBay stops allowing digital auctions and I tell people that the simple solution is to burn them to CDs/DVDs. I even tell how you can automate the process.
BUT I don’t tell *how to* do this. You know, the STEPS it takes.
Instead, I create a package that tells the steps.
Yes, that just happened.
Example 2:
I was visiting a forum and people outside the US were complaining about the US dollar being down and how they have to sell in USD because their main market is the US and US people, generally, wont order in other currencies.
So I chime in and tell them they should use GEO location and display the currency based on the visitor location.
ie If they are in the US, give them a USD price. If they are from ____ givem them a ___ price.
They loved the solution BUT they didn’t know how to actually do it. And it can be a little technical.
Now, for this one, I called my programmer and gave the idea to her because I have enough on my plate right now.
This is also the method I used for my eBook Fixer, Quick Site Blocker, Hoplink Manager and a few other programs came about.
There you have it. A quick way to come up with a product, (soft) pre-launch it, and then cash-in.
To YOUR Success,
Garrie Wilson
Posted by Garrie in General, Tips & Tricks
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