Digital Product Creation System

Digital products are everywhere you look. Even “physical” products like CDs and DVDs are, in essence, digital because the tracks and other information stored on them is in digital format. But increasingly products like books are being turned into digital products with devices like the Kindle.

Digital products have the advantage that they are cheap to deliver, costing only a few cents in bandwidth.

But if you want to create them, you need a system otherwise they will be chaotic and you won’t be likely to get repeat orders.

Here are the basic steps for your digital product creation system:

1. Make an outline

This can be in any format you want. A Word document, a spreadsheet or a mind map.

Play with each one and see which works best for you. Personally, I find spreadsheets easy to work with as each section of the product can be in a column with the subsections in the rows below it.

For more complicated products, I find a series of mind maps is also easy to use and can be more “at a glance” than a spreadsheet.

2. Decide on a format

This may sound as though I’m teaching you to suck eggs but take a step back and think how your information is best presented.

A PDF book can be good if your subject matter is fairly complicated. But in common with its physical counterpart, it tends to be the lowest retail price.

Audios are next in price value and can be convenient for your customers as they’re not locked into using their computer to listen to your product.

Videos are typically highest price and with screen capture programs such as Screencast-o-matic they’re inexpensive to produce. Or you could use your webcam or the video on your phone.

3. Create your product

Using your outline and preferred format, start creating your product.

Especially if it’s a written product, treat the writing and the editing processes as entirely separate. They use different parts of your mind and if you succomb to the temptation of editing as you go along, you’ll reduce the creativity of your product and it will run the risk of sounding more like a text book than something people want to read.

Save the sections of your product with different file names. Ideally ones that will make sense in a few months time when you go back to create an updated version!

4. Create a sales page

The complexity of your product and where you’re selling it will jointly determine how long and how “flashy” your sales letter needs to be.

There are free sites out there which will help you to create a passable sales letter without too much blood sweat and tears. There are also software programs available which will take this to a higher level. Or, if your product is likely to sell in quantity, you may prefer to use a copywriter.

Once your sales letter is written, you’ll need to upload it to your web host along with any associated images.

5. Upload your product

Use the control panel in your web host or WordPress or an FTP program to upload the files to your website host.

Depending on how paranoid you are about people stealing your product, you may or may not decide to include some form of protection for this. Remember that Hollywood have a much bigger budget than you and they can’t stop piracy so don’t put in so much protection that you annoy your purchasers.

6. Promote your newly created digital product

Promotion of your product is essential!

You can drive traffic to it in lots of different ways including articles like this one, forum posts and signatures, a Facebook page, your LinkedIn profile, pay per click advertising, affiliates and much more.

Revealed – How to Take Your Business to the Next Level (Proven Ways to Expand Your Business Online)

This article is for coaches, consultants and self-employed professionals who would like to take their business to the next level by using the power of Internet Marketing.

You may be tired of having to go out every month to attend boring networking events that bring little results, doing cold calls or direct mailings, or paying expensive fees for print or TV advertising. You may also wish you could to automate your business more and make your income more “passive” – so you don’t have to work so hard, trading your time for money.

You have heard of the power of the Internet and would like to use it to bring hundreds of prospects to your web pages every month.

Here are a few tips how to start making it happen.

1. Build a web presence. This can be a full-blown website, or just one page designed to collect email addresses of potential customers (this type of page is called a squeeze page).

I know, this one sounds obvious, but according to some research, about 40% of businesses still don’t have a website.

2. Build a list. Experienced internet marketers will tell you that “money is in the list”, and it’s certainly true. We can say that a lot of money is in a TARGETED and RESPONSIVE list. To build a list, you will need an autoresponder software, a squeeze page, and a free gift to offer to people who come to your page to encourage them to subscribe.

3. Drive traffic to your page. One of the best methods is article marketing. I’m also a strong believer in the power of search engine optimization. Both of these methods if done right will allow you to bring traffic that is highly TARGETED, which means that these visitors will likely be interested in exactly the products and services that you offer. Finding people who already have a list of subscribers in related niches and asking them about possible joint venture deals is a good way to grow your list quickly.

4. Find out what your subscribers want – just ask them about it in your emails.

5. Provide your subscribers with what they want. Give them some things for free, but also sell them your products and services.

Types of Online Auction

The different types of online auction is straight auction, reserve auction, Dutch auction, private auction, overstock auction. An English auction on the internet is called as absolute auction, ascending price auction, English auction, forward auction, reserve price auction, standard auction, Yankee auction. A classic Dutch auction is called as Dutch auction, reverse auction, and bidder’s choice.

A sealed bid auction on the internet is called as private auction, sealed bid auction. A Dutch -vickrey auction on the internet is also called as vickrey option. Proxy bidding agents on the internet is called as proxy auction, robo bid. An online auction means buying and selling of products by the process of bidding and then offering the goods to the highest bidder on the internet. There are various types of online auction, the most common being English auction.

In this type of auction, a reserve price is fixed for the goods and the customers offer larger and larger bid. Finally, the product is sold to the highest bidder. Different people offer different bid prices; the bid is completed once the highest bidding is done by a person and no one does bidding after that. After the hammer has been hit no one can bid. In some cases, when the reserve price is not revealed, the bid ends if no one is willing to bid an amount higher than the reserve price.

The traditional method of English auction includes the use of a candle. In this method, the winning bid was that the last one which was offered just before a candle died out. A Dutch auction is a method of selling in which the price is reduced until a buyer is found. For example, the home was offered in a Dutch auction beginning at $150,000. The auctioneer lowered the price gradually in $5,000 increments until a bidder was found willing to pay $120,000. Therefore, the home was sold for $120,000.