One of the best ways to make a lot of money in a short period of time online is to do a product launch. Some of the top Internet marketers have been known to make over a million dollars in less than 2 days through their successful product launches.
There are a number of steps to take in order to launch a product successfully. Here are a few rules you will want to follow to have a big payday for your next product launch.
Plan Your Product
Decide what solution is in the most demand in your niche. Then begin to develop a product based around this need. It can be an ebook, online course, come with audio and video, course materials, tip sheets and more.
Plan your Great Bonuses
Make sure your bonuses are of real value and worth getting their hands on. Often people will buy just because they are so eager to get the great bonuses.
Plan Your Price Point
It is easily to make $1 million in two days with a product that sells for $997, but you need to be realistic about your product, your niche, your customers, and your own reputation online when it comes to setting your price point. If this is your first product launch, you will not be likely to command such a high price point, no matter how great your product is.
Offer a Range of Payment Options
PayPal is great for collecting credit card payments almost seamlessly. It is trusted by many Internet users, so they will be less resistant to buying from you.
Plan Your Launch Date
Set a launch date and clear the decks that week and the week before in order to be totally prepared for your launch. Everything should be proofread and tested prior to that date. Run test orders through several times the week before, and again right before launch.
Start Promoting the Product Long Before the Launch Date
Mention to your in-house list that you are planning this product. Give them the chance to lock in a special pre-publication discount long before the product is ever finished. This can help you cover any costs you might need to incur up-front, such as a freelance coder or designer or writer. It will also be money in the bank.
There are many other important aspects to launching a product successfully, and then driving traffic to that new product. Master your ‘launch sequence’ like a NASA specialist and you will be amazed at how many huge paydays you can create for yourself.
Further Reading
