Showing posts with label Launching. Show all posts
Showing posts with label Launching. Show all posts

Saturday, November 24, 2012

A 3 Step Guide To Launching A Product

Launching a product can be somewhat daunting, especially if you have never done it before. First, you have to create something of use, then you have to be able to process payments, third, you really are going to need to be able to find your audience. Its a long procedure, and can at times take many months, even years to get it perfect. Hopefully this three step process will make some kind of sense to you today, and help you off on your feet.

What Does Your Audience Want To Know?

Sure, you know lots of stuff, but it is not as simple as just documenting how to do something that you know how to do well. It is a matter of knowing what your market wants, then documenting how to do what they want to know.

This is where most products fall flat, but thankfully, there are a few simple ways that you can query your followers. If you have followers on Twitter or Facebook, you can simply ask them yourself. If you have a mailing list, then you can create a free survey with Survey Monkey, and simply ask them what their pains and desires are. You can even go so far as to research your markets forums, and note down the common questions. This will get you off on the right foot.

How To Deliver The Product

You are going to need three things. First, you are going to need a sales letter, so that you can convert people into buyers. Second, you will need a payment system, so that people can actually pay for the course. Third, you will need a membership backend so that you can deliver the content.

When launching a product, you will need a salesletter, which you can create manually using HTML, or you can order a template from a well known template directories such as Theme Forest. You can also use sales letter themes such as OptimizePress, which work with software such as WordPress.

Your Payment system will generally be taken care of by services such as PayPal, or even Google Checkout. For further flexibility, you can also use your own merchant account, so that you can process Credit Card payments, but that will need to be arranged by the bank, and by a third party integration service such as 1shopping cart, eJunkie, or Nanacast.

A membership backend can also be created using services such as Nanacast, Wishlist Member, or even OptimizePress in combination with the prior mentioned. Each can be integrated with PayPal and other merchant accounts.

Finding Your Audience

This is where things can get a little tricky. Everyone by now should have at least some followers on Twitter and Facebook, plus a few subscribers to your blog, but with this kind of exposure, you are only just starting to scrape the surface.

Consider other people within your niche who may be able to profit from promoting your product as an affiliate, and develop a relationship with these people well before the product has launched, or has even been made public. This is commonly referred to as being "A Joint Venture", and can result in a massive increase in sales, as long as you develop a solid relationship, and so long as the person is in a targeted niche relative to who you want to target your product to.

When it comes to launching a product, I am only just scraping the surface with this one today, but I have provided some gold nuggets in there for you. The key point, above all else, is to make sure that your product is targeted to your audience. If it is not, then you can see a wide variety of repercussions. Refund rates, bad reputation, and more. So, before you go too far, consider whether or not your product solves a problem, makes light work of a hard task, and is just as high quality as possible. It will be a reflection on you, and you should treat it accordingly.

Choosing the Right JV Brokers for Affiliate Marketing Ventures   Successful Product Launching   

Product Launching Ideas - 5 Ideas To Make Your Product Launch A Roaring Success

There are many product launching ideas that can help increase your chances of making your product launch a raving success. This article will offer 5 proven product launch ideas that can help you jump start your launch and put you ahead of the pack. Some of the ideas you may have heard of before, others you may have not. Whatever the case, there are many variables involved with a launch, and you will want any advantage (legal and ethical) you can get.

Here are 5 ideas you can put into action for your launch:

Idea #1: Offer A High Commission Rate

Having a high commission rate is a must to attract joint venture partners to promote your product. Some of these super affiliate partners have massive lists of subscribers that you can tap into, but to entice them to promote your product, you need to offer a commission rate that will attract them. In the information products arena, 50% to 75% commissions is the norm. For physical products, they can be in the range of 4% to 20%. But bear in mind that information products are cheaper to produce, that's why high commission rates can be given.

Idea #2: Use A Proven Payment Processor

Using a proven payment processor gives your customers confidence in ordering your product. If you use a processor like ClickBank as well to process your payments and track your affiliate sales, more affiliates will also promote your product as ClickBank has been proven to pay out on time.

Idea #3: Split-Test Your Sales Copy

To maximize your sales conversions for your launch, you need to split-test your sales copy. Split-testing at its most basic means testing two sale pages by inserting a code on to your webpage. Split-testing can be done through a service like Google Website Optimizer or Hypertracker.

Idea #4: Create Swipe Files

To make it easy for joint venture partners and affiliates to promote your product, it is a good idea to provide swipe files for them that they can use to promote your product. These can include email ad copy, banner ads, sample blog posts, pay-per-click ads etc. The easier you make it for partners to promote your product, the more likely they are to push your product hard for you.

Idea #5: Have A Joint Venture Launch Contest

Having a contest for your launch spices things up and makes your launch exciting for joint venture partners. It gives them two incentives for promoting your product - the prizes or cash prizes available, and the bragging rights for securing the top spots in the contest. Joint venture partners can win cash prizes or hot products from your contest and gain recognition in the process. This is another product launching idea you can implement to really tip the scales in your favor.

Choosing the Right JV Brokers for Affiliate Marketing Ventures   Successful Product Launching   

Twitter Facebook Flickr RSS



Français Deutsch Italiano Português
Español 日本語 한국의 中国简体。