Creating a product and starting a stream of passive revenue depends on 3 things:
1. Create a product that people want to buy (ebook, CD, DVD, etc).
2. Describe your product in a way that makes people want to buy it.
3. Get a SIMPLE website and send traffic to it. Traffic is just PEOPLE who come to your site looking for answers to a problem -- the type of people that you probably help every day in your business.
There are dozens of ways to get more traffic, which I will be focusing on in the next month. There are many free ways to get traffic, and ways to spend a little bit of money to MULTIPLY the traffic you get. The cost will be offset by increased sales, if you have done #1 and #2 properly :-)
It really is that simple -- create your product, describe it in a compelling way that makes people want to buy it, and get people to come to your site, so they CAN buy it.
Extensive research is important. You need to find out what products are in demand, who your customers are... Equipped with knowledge of your market, you'll be able to pursue your goal more clearly. There is a definite direction laid out for you to follow. While it's not that easy to predict 100% success, it helps to be prepared.
Posted by: jen_chan, writer SureFireWealth.com | January 04, 2008 at 01:30 PM