Earn money online with your own product
One of the most lucrative ways to generate income online is by creating your own product (or several products). In this post, we will talk about digital products. Creating your own product takes time and work, but it can be very satisfying.
The most sold digital products online are ebooks and software. Now I explain how you can create digital books and software and where you can sell them to start making money.
Let’s say you are in the niche of monetizing blogs, for example you know about the techniques of driving traffic, improving the ranking of sites for engines or anything else that can help bloggers improve their sales. If you know about these topics, then the next step is to gather information in the form of a step-by-step guide, then turn this report into an e-book.
Write an ebook
For the creation of your own e-book, you can use the services of Kindle Direct Publishing .
How much is the cost to publish in KDP?
They do not charge you. With the Kindle Direct Publishing program, you can self-publish regular and electronic books for free.
How much percentage do you earn and when do they pay?
Royalties for ebooks. They give you the option to choose between two royalty alternatives for each ebook. It could be 35% or 70%.
Royalties for softcover books. With KDP you have a fixed percentage of 60% for softcover books that you put on sale on Amazon. In this option, KDP manages to distribute the book. The cost of printing is reduced to 60%, which will depend on how many pages the book has, the kind of ink and the Amazon portal where the sale is made.
Income. KDP pays you your royalties monthly, which is approximately 2 months after the end of the month in which the sale was made. Read this detailed guide that Amazon gives you.
You can also create your own e-book in Oppen Office, convert it to PDF, then create a professional blog, learn SEO to get views and sell the ebook on your blog and sell it in affiliate programs such as Clickbank.
If you have any programming experience, creating your own software or Web application can be a great way to add to your income. If you are able to create a really good software product, the idea is that your product meets a need for a particular category of Internet marketers.
Now if you have a good idea to create uns software, but you don’t know about programming codes, then you can go to places where freelancers sign up to look for work. There you will find expert programmers who will be happy to take the job for a reasonable amount of money.
The price will really depend on how complex your project is. That may seem like a lot, but if your idea is good, you can earn up to 50% of the cost. To generate a good income, you have to invest a few hundred dollars.
At the same time, having your own software product is a great way to build a list of emails. Your customers will be happy to give you their email addresses in exchange for updates on your product. And if your product is good, you will establish a good relationship with them. This makes it much easier to promote products that you can create in the future, which will obviously expand your profit possibilities.
How to sell your products at Clickbank?
First, you must register in the Clickbank program, then follow these steps:
• Invite affiliates to sell your product
Send them personalized offers, ask them to promote your product. Visit the websites that you think the best complement your product or service and send them emails to encourage them to join your program.
• Write the terms of your program clearly
Create a page with the most important data about your program. Don’t forget to offer an attractive commission and put how much commission $ affiliates get for each sale.
• Offers an attractive commission
Be generous and offer a high commission that motivates affiliates to choose your product. Avoid offering a low commission as 10% less. For example, if you decide to offer your product to affiliates in Clickbank, the ideal is to offer a commission of 50% to 75%.
• Offers a magnificent product
Just offering a flashy commission is not enough, you need to have a great product or service that truly attracts a lot of customers and is interesting for affiliates.
• Work for affiliates
Create banners, write emails and promotional items that affiliates can use. This will facilitate sales and they will appreciate it.
• Offer gifts to potential new affiliates
It could be that in the first 5 products that the new affiliate sells you pay 95%. It could also be a free offer of your product after the first or second sale. This can convince a new potential affiliate to join your program.
As you can see, creating your own product can be an excellent source of web revenue. It takes a little work, planning and patience, but the results can be excellent.