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Marketing Your Online Product

What is an online product and how does a person go about marketing one? That is often the question asked by those who are interested in creating digital products and then marketing them on the Internet. Here it will be explored exactly what an online product is and how you can go about marketing them online yourself.

An online product can have so many different meanings. For example, it can refer to any product that is sold on the Internet or it can refer to products that can only be sold online, such as digital products. For the explanation provided here, digital products or those that can only be sold online will be covered. If you’re marketing products that can also be sold offline as well, you can still get some pointers from this information which may be helpful.

An online product or digital product is one that Internet users purchase on the Internet and then download to their computer. There are also digital products that may not require a direct download though, such as an e-book that can be accessed as part of a website, rather than in PDF form. Digital or Internet products can include e-books, music, videos, software, applications or access to things such as training programs.

As for marketing online products, they can be marketed by using several different methods, including:

  • Niche marketing: Marketing by using very specific key phrases and terms on your website for that product only. A niche website doesn’t have any other products or services on it and the goal is to reach a very specific audience.
  • PPC marketing: Signing up for and using PPC (pay per click) advertising programs that are offered by the search engines and other websites. You only pay a fee when an Internet user clicks on the ad and visits your website.
  • Video marketing: Recording a video and uploading it to sites like YouTube to showcase your digital product.
  • Social media marketing: Using websites and services such as Facebook and Twitter to reach out to people and interact with those who may be interested in the online product that you’re offering.
  • Email marketing: Building a list of email addresses by providing a sign up box on your website and social media sites and then sending people who opted in to your email list emails regarding your online product or products.

When it comes down to it, online products can be marketed using the same manners of any other Internet product or service. There are free choices, such as blogging about your online products and then there are methods which can get quite expensive like PPC and flat rate advertising.

3 Tips to Choosing the Right Affiliate Marketing Products

Being an affiliate marketer is a great way to earn money, but it can be difficult to choose the products you want to market. There are thousands upon thousands of products on the internet and it is a tough decision.

This article will list 3 tips to choosing the right affiliate marketing products.

1. The first thing you must do is research! There is no doubt that the best way to pick the right product is by doing research. Use Google AdWords and identify what people are searching for in your specific niche. Ask around and find out what products people are looking for.

Communicating with future customers is going to be the best way to ensure your business is successful. Go into forums and ask the people in your niche what they would be interested in buying. Research, research, and research is the best way to pick the right products to market.

2. Do not choose a product because you like it! Sure, if you like a product and feel it would sell well then by all means promote it. But, what you have to avoid is choosing a product you like but that few others will actually like. This happens a lot and it is tragic. Using the research you gathered you should be able to identify if a product will be successful or not.

The downfall of your business will be if you ignore what your research has told you and you begin marketing products that you like but no one else does. When creating a business you need to choose a niche market that interests you to keep you passionate about it, but in the end it is the customer buying the product and what they want is what you should promote.

3. While you are certainly an affiliate marketer to earn money, there is more to look at than the commission structure. Those new to affiliate marketing look at how much commission they will earn on a product, but that should be one of the last variables in the equation.

For instance, say you are going to earn a 50% commission on a product that costs $10, but there are only 10 people willing to purchase that product. Now, say you are going to earn a 25% commission on a similar priced product, but there are 100 people willing to purchase the product. In the first scenario you earn $50, but in the second scenario you earn $250.

Which scenario sounds better? While you will want to choose the products that earn good commission, this should be one of the last things you look at. Generally, the products with higher commission are harder to sell.

Being an affiliate marketer is a great way to earn money on the internet but it can be difficult to choose the right products to market. Follow the 3 tips to choosing the right affiliate marketing products listed in this article and you will be choosing the right product to market in no time!

Ideas For Online Products

If you are looking for ideas for online products then this will help you. I am going to give you some ideas for products that you can create online that will be profitable.

Software

If you have some skills in developing software then this is a hugely popular and profitable type of online product. Everyone likes and wants software that is going to make their life easier and save them time or money. Developing software for these purposes can generate huge amounts of income providing you have done your market research and you already know that people are looking for that kind of software.

Some people sell software but they actually outsource the task and hire someone else to do the software development. If you decide to do this you just need to make sure that you have fully understood what the terms will be for that software and what kind of support you would get to fix any bugs that might become uncovered.

Membership sites

People love to be part of a community and therefore membership sites are quite popular. If you are able to provide a membership site for a targeted group of people and produce high-quality help and advice on a regular basis then you will find that you are able to generate a good recurring income.

Your membership could be an ongoing one if you have enough material to keep adding to it or it could be for a fixed period of time such as a one year long membership.

Information products

Everybody is looking for information when they go online and if you are able to package that in an easy to understand format then people will pay for that information. Information can be sold in many different formats such as written, audio or video.

You can also add coaching as an additional source of income whereby you help people and give feedback to people to help them implement specific information and help.

Resources

Another idea for popular online products is to provide some kind of resource for people to use. This could be graphics that they can use in their own business for example. Here are some more ideas of resources that you can provide:

  • articles
  • training programs
  • private label rights material
  • advertising banners
  • video presentations

There are plenty of ideas for online products and provided you have done the research to make sure you have targeted customers then you should find it profitable. One of the most important things is that you actually enjoy what you are doing as you will find it far easier to produce the products.