Paid Survery
Paid Survery
I know that the title of this article might seem ridiculous, “How to Make Money Online with Your Product Before You Create It!” It may seem impossible to get paid for something before you have even built it…but I have made tens of thousands of dollars doing exactly this…and in this article I will tell you how.
First, there is a right way and a wrong way to do this. If you do it the right way you will make tons and tons of money. This is something that most people mess up, so pay attention and you will save yourself a lot of time and probably a lot more money.
To do it the right way…before you create your product…build your list. You will do this, of course, by selling a product that already IS created…either your own or someone else’s as an affiliate. You will put up a squeeze page and drive traffic to it to start capturing names. The beautiful thing about this is that you will be making some money while you are building your list.
Now, you already have a list; you already have traffic coming to your site that’s building your list. So now you want to survey your list to find out more about what they want and need, which tells you pretty much what it is that they are looking to buy. You also have been selling them other products, so you know from experience the type of stuff they like and don’t like.
So now you can roll out a promotion that says “hey, I’m going to do a three-part teleseminar series on the topic of X, and here are all the cool things we’re going to cover.” And you basically go over all the stuff they’ve already bought, but in an expanded, more detailed version…OR, you build your series around the top answers to your survery. Then you turn around and you say “in order to get in on the teleseminar series, the cost will be $$$, whatever price you decide and, included in the cost you’ll get access to the teleseminar series AND I’ll give you the recordings and the transcripts when we’re done.”
Next you will want to let everybody – I mean everybody–know up front that you’re doing a special teleseminar event. If you have partners or friends that will promote it for you, great, even better. Now you are being paid for your product BEFORE it is created, and you know exactly how successful it is going to be because people are paying you upfront for it…this is a very, very cool way to do it…and it works.!
Another great thing about this is that if for some reason it isn’t a huge success, and you don’t get a lot of people buying and signing up, you refund the people that did buy and you say “thank you, but we’re not going to do this series after all.” And you can give the people who bought a cool bonus in addition to their refund to thank them for their interest.
So that’s it…it’s pretty simple. That’s how to make money online…upfront…you don’t waste time and resources creating a product that you think is great, but nobody else does.
Tellman Knudson is CEO of Overcome Everything. He and his team at The Listbuilding Club are passionate about teaching others the ins and outs of list building and other internet marketing strategies. Learn more about how to make money online by visiting http://ListSpark.com/