By far one of the principal questions that people who are just starting their Internet businesses ask me is: " What products and services should I sell on my website?!"
And while getting hot-selling products to sell on your site may seem nerve-racking...
... that is only because most "newbies" believe they need to create their OWN products from scratch.
This is a mistake!
By all means, you could produce your own products, but when you are starting out — and you are eager to start making serious profits, as quickly as possible — developing your own product is not your best option.
First, the development cycle in creating a product is often LONG and COMPLICATE if this is not one of your strong suits.
So, instead of starting to generate income on your site within days or weeks, it can actually take you months — sometimes even YEARS — before you begin to earn a single PENNY!
Second, there are a LOT of additional costs involved in creating your own product.
Not only will you have to deal with the expense of manufacturing the product, you will also face the additional costs of fulfillment, delivery, storage, and even customs and duty if you sell by mail internationally.
And finally, when you develop your own product, there can be complex legal issues to resolve, including liability, health and safety, patents, even environmental issues.
Talk about complicated!
For all of these reasons, I actually DO NOT recommend selling your own physical product as the way to get started (unless you have ALREADY developed the product you want to sell).
Fortunately, there are PLENTY of existing products you can start selling right away on your website that are easy to find, quick to set up, and do NOT require a significant upfront investment — if any at all!
Here are FOUR ideas for HOT products you can begin selling from your website RIGHT AWAY (plus one BIG "shortcut" you can use to find the BEST products as quickly as possible).
Hot Product Idea #1: Earn Money Simply By Recommending Someone Else's Products
Recommending other people's products as an affiliate is a GREAT way to get started online.
As an affiliate, you enter into a no-risk partnership that allows you to promote another company's product or service on your website. For every buying customer you send to the company's site, you get paid a percentage of the profits!
There are a number of good reasons why an affiliate program is one of the BEST ways for someone new to get online and earning profits.
With no product to develop, it is easy. In fact, it is probably the EASIEST way of all to start making an income. And not only is it easy, it's also FAST! Once you've done your research, it only takes seconds to get set up as an affiliate.
Better still, because the marketing material is provided FOR you, you don't need to spend a lot of time with marketing...
... and you also don't need to worry about customer service, or even taking payments!
Here are some great places to start looking for programs to join:
Hot Product Idea #2: Sell And Ship Products While Someone ELSE Does All The Work
If you want to sell products without the hassles of tracking inventory, storing products, or worrying about shipping, then drop shipping may be the best option for you.
When you work with a drop shipper, you sell their products on your website as if they were your own. But when a customer places an order, you collect their payment, then simply forward the customer's details to the drop shipper.
They take care of packing and shipping the item FOR you...
... and then charge you the WHOLESALE price for the item, so your profit is the difference between what you pay the drop shipping, and what you charge the customer!
Because there's no product to develop or stock to buy, it is affordable for anyone just starting out. At the same time, it's relatively easy and fast to get started, because there's no setup necessary.
Finally, drop shipping gives you the ability to sell products on your site that you otherwise wouldn't be able to stock yourself.
To browse thousands of products you can promote as a drop shipper, check out WorldWideBrands.com
Hot Product Idea #3: Make BIG Profits By Securing The Rights To Sell Other People's Products
Another great way to get a profitable website up in record time — without developing your own product — is to buy the "reprint" rights to someone else's product.
When you purchase the rights to someone else's product — like software or an eBook — you have permission to sell the product to anyone you want, and keep 100% of the profits!
Purchasing reprint rights is an easy way to get online, because you don't need a sophisticated website to get started. A simple page with targeted sales copy is all you need to start earning profits.
As well, there is very little up-front cost involved, you'll have low inventory costs, and mark-up is relatively high!
The best way to look for products with reprint rights is to start with a simple web search. Just type the phrase "resell rights" + your area of interest.
Hot Product Idea #4: Take Advantage Of The MOST Profitable Thing You Can Sell Online!
People do not generally come to the Internet looking to buy something. Typically they come looking for information to help them solve a problem.
So selling an information product — like an eBook or report -- is one of the BEST product ideas for people just getting started!
When you produce your own information product, your overhead is minimal. There are virtually no development costs if you write it yourself, and there are no costs to deliver it...
... so you get to keep nearly 100% of the proceeds from each sale!
And best of all, you can completely automate the sale of each eBook, so you can make money 24/7, even when you are on vacation (or focusing on making MORE money with other parts of your site!)
Here are some other ideas and resources for making a product:
Related Articles
Product Creation Through Article Writing
Product Creation Through Public Information
Online Product Creation - One Contact at a Time - Part II
BONUS TIP: Find The Perfect Product For Your Market... PLUS Set Up Your Entire Website And Manage It All Automatically!
As you can see, you don't need to go to all the hassle and expense of creating your own product to get your website up and running, when finding existing products you can promote is quick and easy.
But if you're unsure about how to get started — or you would like to GUARANTEE you find the HOTTEST products to sell on your website — I can help!
For a limited time, I am making one of my Internet Marketing eCourses available free to my readers to guide you along the road to starting online!
The program will provide you with information on getting started on the topics presented in this article. It will also show you how to find lucrative untapped markets you can sell to, and help you find products that your market will practically BEG you to buy (and are willing to pay TOP dollar for)!
Want to learn more? Just follow this link!
Learn To Drive Traffic To Your Site:
Top 5 low cost website traffic generation tactics
4 Ways to get your op-in subscribers to trust you quickly
List building - 4 top strategies to build a long opt-in list
4 Crucial things you need to do to build your list
List building 101; Top tips to bring an avalanche of subscribers to your site
Dr. Dave Hale is the founder and Chief Social Marketer at The Internet Marketing Professor. He also has written over 40 books and how-to course on internet marketing related topics, is a professional speaker, and a professor at Webster University, Columbia, SC and Northcentral University, Prescott Valley, AZ where he teaches business and organizational psychology courses.
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Comments
Dr Dave Hale you sure have great ideas on how to promote
business on your website
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