When it comes to creating an info-product, there are two kinds of approaches to choose from. Basically, either you be creative or innovative. Creative means, you observe the market and come up with a good solution.
Essentially, it is coming up with an info-product that will solve an existing need. Like, if you observe that there are a lot of people having a problem about writing a salesletter, you come up with a salesletter generator software. Or, if you know that a lot of people are trying to plan their joint venture's details, you can create a joint venture profile software. In effect, you'll be the first person to hit in the market. Make sense?
However if you want to minimize your risk of failure and make money faster, you'll prefer to be an innovator. Examine the existing products created to fulfill the demand of a market. Look how good the sales volume is. Then, you'll be an innovator to supply better solution or tap on the existing opportunity. Not sure what this means?
Let me explain ...
If you happen to see that there are a variety sales letter generator software right now in the market, that's because there are a number of innovative marketers.
An additional example of an innovator marketer is the somewhat new company called PayDotCom that provides similar service like Clickbank. PayDotCom was create after the company Clickbank was launched Clickbank was the first website that provided credit card processing service with built-in affiliate tracking program for web marketers to use. Now, there are new innovative marketers that have produced an affiliate tracking tool that can be integrated with other credit card processors like Paypal, 2checkout, authorize, and the like.
Innovative marketing doesn't limit you to copying what is successful and trying to be better, bigger or less expensive. That's a very narrow observation on how to be profitable which will eventually fail. You will alter the entire profit model by adding these two ingredients which are as follows:
1. Looking for an angle.
Finding an angle means positioning yourself uniquely from the originator. Example, Clickbank is a success. Nevertheless other affiliate tracking tools that did not have a built-in credit card processor were very successful as well by joining with third party credit card companies. PayDotCom is also another good example of this for they solve the core problem.
2. Complimenting with the pioneer
Create an info-product that can ride on the existing successful market. Let's take Clickbank as a model for discussion purposes. There are a lot of new tools made to enhance the convenience of using Clickbank. Examples are: Software to handle your Clickbank affiliates; Software to extract your Clickbank sales report into a Microsoft Excel file; Software to make Clickbank search engine tool that is integrated with Clickbank ID; Video tutorials on how to put-up a Clickbank account; and many more.
See what's happening on the internet. Decide whether you want to become a creative or innovative marketer. Then, ACT NOW!
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