Make real money online by selling your own products, rather than just someone else’s eBook, weight loss videos or miracle supplement. There are several benefits and drawbacks to both scenarios, both of which we will go into.
If you want to make real money online, you have to be willing to work for it, and work hard. These days, you won’t make measurable income by selling the same thing everyone else is selling unless you can give yourself an edge that no one else has taken yet. However, you don’t want to reinvent the wheel, either. So how do you straddle this happy medium? You try to sell your own product. Does it always work? No. But oftentimes, you’ll make more money than you were banking on, so it makes it worth your while to at least try.
Make Real Money Online: The Drawbacks
Let’s get the negatives of selling your own product out-of-the-way first. While there should be nothing stopping you from creating your own product and marketing it, you should be aware that unless your product puts a different spin on something else that is already for sale, you might just be an addition to the heavy white noise.
For example, let’s say you wanted to market an eBook about how to get rid of acne. This is a hot market, but there are already several products on sites like Clickbank that are vying for attention. And guess what: they have several years of success on you already, so breaking into that market will be that much harder.
Additionally, you will probably have to launch a new website for your product. Your new website won’t have near the page rank that your competitors’ websites have, so it will take a while for Google to put yours on the front page of organic search results. You can get around this by launching a PPC campaign, but the ad cost for this niche is astronomical, so unless you find highly searched words that don’t have a lot of competition, you’ll either be paying a bundle or suffering from no traffic.
Make Real Money Online: The Benefits
Now let’s talk about the reasons you should try to make real money online with your product. First of all, you won’t have to share commissions with anyone. Once you sell the product, you get to keep all the revenue. You can determine if you want to offer a money back guarantee or not (although this often entices buyers to purchase the product).
You also get to enjoy having full control over the marketing process. You’ll know firsthand if it is selling or not, and you can collect data on existing sales that will help you determine if and when you need to improve the quality of the product.
Selling your own product is a great way to put your creativity to work. Selling your own product gives you a sense of accomplishment that no other method of trying to make real money online will ever match.