Creating products for your online business is crucial for your business growth, yet often times, we struggle with knowing which products will ultimately benefit our business. Here are five products that you can create for your online business to gain the success you desire.
1. Content Upgraded Product
Doing a content upgrade is one of the ways that you can create a product for your online business. Your content upgrade needs to build upon or enhance the already existing free content. Once this has been done, you can sell this as a product to your customers and get paid for it.
2. Create a Master Class
You can create a master class, decide how long you want it lo last, and charge for it. Master classes are usually priced between $27 and $97. There usually will be customers who would not have the need for your full product or program, and therefore, would not want to purchase it. With this, you can put up a master class for their specific need and charge them for it.
3. Create an Audio Course
To create an audio course, you can have your already existing product/program videos converted to audio, which people can listen to on their iPods, iPads, cars, etc. There are multiple platforms which you can use to rip the videos and have them converted to just audio. You have to make sure the sound quality is excellent for people to listen to it. Once done, you can charge whatever you want for your newly created audio course. You can also record audio courses on your phone or computer, and again, be sure the sound quality come out excellent.
4. Create an Ebook
Ebooks are one of the most popular and profitable digital products to create, and if you happen to have extensive knowledge or expertise on a subject matter, creating and selling an ebook can be really profitable for you. You can hire professionals who are freelancers on sites such as Fiverr to help you with different aspects of the ebook such as the ebook cover, design, etc. Once your ebook is created, you’re ready to put it up for sale on popular sites such as Amazon.
5. Create a System
Compared to selling a one-on-one or step-by-step product or just selling an ebook, creating a system takes a much longer time, but you will be able to make more money from creating a system. A system can take weeks or months to create, and if you create a system that is proven and works, this is will be better and beneficial for you in the long run. As it takes time to create a system, you can in the meantime create a master class, an audiobook, or ebook and still earn some money.
About the Author
Shade Y. Adu is a personal brand strategist and speaker. She helps women entrepreneurs build profitable brands and digital products.
Annette Hohnberger says
Great article Shade… You might also want to add video courses to this list, what with Youtube blowing up, and the sudden proliferation of video course platforms like Teachable and Udemy among others. It’s so easy to do.
You could simply record your screen, while you provide the narration using screen recording tools (helps if you don’t want to face a camera), or record yourself talking to the camera with a white or a green background.
And if you feel you’re too shy to stand in front of a camera, you can easily hire spokespersons from one of the many freelancing platforms at an affordable price. However