Plan To Succeed With Information Product Creation: Why You Need To Split Your Process Up

One of the keys to succeeding in information product creation is to break the process up into discrete steps. This frequently isn’t an instinctive reaction for the typical information marketer. Especially on the internet where small sized learning products are the norm.

However, it is extremely important to your ultimate success. In fact, I would go so far as to say that if you don’t do this you probably won’t succeed… even when you are starting out let alone as you move forward.

Your product creation system should do this for you if only to help you to understand the overall task.

But why?

In this article, I’m going to ignore chunking and focus on the practical aspects. That’s not to say that chunking isn’t important. It is. It’s important to understanding and to learning the process. But while you can use the same chunks as you move forward, long term your focus needs to be on the operation of the system not the understanding of it. Unless of course you are constantly training new people!

So why is chunking important to long term use of the product creation process? (Yes, I know systems design uses a different term for this process but I’m not teaching you systems design. So I’m going to use the word learning content designers use.)

The first reason that having individual discrete tasks is important is one of schedule estimation. Frequently it is very difficult to estimate how long the total task of creating a product will take. After all, the size and type of the products matters as does the number of products in your product funnel. And those are just the most obvious elements. However, estimating a discrete task is often much easier. The total can then be estimated as the total of the discrete tasks.

Secondly, scheduling a large task can be problematic. However, by segmenting the task into a number of discrete tasks, you gain a much greater flexibility in scheduling. Not only that but as your business begins to add people you are able to schedule multiple people to the product creation.

Finally, segmenting a large task into smaller discrete tasks allows you to have much better control over the product creation. This affects two different areas — status and quality.

By segmenting your process into discrete tasks you are able to schedule and record the progress at much more detailed level. As a result you are more in control of the status of the product creation. You know what everyone is doing. When they should complete it. And how much it should cost. You also know exactly what has been done.

You also improve your overall quality. Instead of waiting until everything is done you can check quality as you go. This allows you to immediate react to low quality products without absorbing their costs. This means that you have less rework and your rework costs less. And if the product is not going to meet its quality requirement you will know about it in time to stop the development, change the requirement or fix the product.

A Guide on Successful Product Creation and Internet Marketing

Product creation in Internet marketing is getting stiffer and stiffer nowadays owing to tough competition between Internet-based businesses. Putting up a new product requires plenty of brainpower and finances along with an ability to take risk. With that, even if you have the product well-set already, you have to position it strategically in the Internet landscape for others to notice. You should get the interest of Web users and turn them to actual customers. Aside from the usual physical products, many different products that thrive well on Internet marketing include E-books, membership sites, and video lectures.

The long and difficult process of product creation begins with ideas. They are easy to get – compared to the effort that comes with analyzing the market for that idea. Before the idea turns to a product, businesses often spend money, even amounting to millions of dollars, to ensure the success of the new product that emerges from an idea. Businesses undertake many types of market research and surveys before releasing their products to the public. Now, you may think that because your business is small, you can’t afford research or you don’t have to do research; you can and you should. The Internet allows you to disseminate materials needed for your market study to many people at once without your having to spend a cent.

It is a common maxim in business: Look at your destination first before mapping out your journey. So what are the goals you intend to accomplish with your product creation ventures? The everyday travails of your business may make you forget the end in sight. On the other hand, prepare to entertain new developments that come to your mind in your product creation. Your conception of a product may have started this way, but a few tweaks here and there along with some market research results and it ends up another way. Take it as the result of a creative process, not as a failure to reach your goal. After all, your product creation activities are intertwined with a long-term goal that you should strive to sustain at your utmost: profit generation. So if your less profitable initial idea evolves to a more profitable product, be thankful!

With your product made up already, start doing some aggressive Internet marketing. A product purchase typically comes after more than five times a customer is exposed to an informative call-to-buy message. Thus it is important to get the contact details, like the e-mail address, of potential customers who are on the brink of a sale. Use the results of your market research to determine the demographics to which you should concentrate your marketing efforts.

With consistent product creation, you can make an inventory of your products that you can market in due time. Just keep making products – the moment you succeed in making and marketing a product, customers are surely wanting more from you, so give it to them. Keep them on your side through constant product creation.

Benefits of Home Based Businesses

It’s a shame how many people automatically assume that home based businesses are nothing more than cute hobbies that might earn a few extra dollars on the side. Lots of people think that people who run businesses at home are just stay-at-home mums trying to earn a few bucks or those who just don’t want to go out to work.The reality is far different.The number of home-based businesses that go on to become multi-million dollar corporations is staggering. Did you know that Jeff Bezos created and ran Amazon from his garage at first?Aside from this, there are many more successful, profitable businesses operating from home than most people realize. This is largely thanks to the Internet. Home-based business owners who are savvy enough to use the Internet to their advantage are able to grow their businesses into very profitable enterprises.Why Run a Home Based Business Online?The ability to promote and market a business online allows even small businesses to extend their customer-base far wider than a traditional store is capable of doing. You have the advantage of reaching out and connecting with far more people online than you could in person or by any other form of media, such as TV or radio.There are also the cost savings involved. Running a business from a store or from an office requires you to pay rent on your business premises. You also need to pay utilities bills to keep everything running, along with paying staff to keep the store operating.When you create your business so that it operates online, you effectively cut all those costs. Your website does all your promotion and pre-selling. It accepts orders for you and processes any payments. It never sleeps and never takes sick-days. It’s the ideal employee.Of course, one of the most fun reasons to think about home-based businesses is that you don’t need to commute in order to earn money. There’s no need to sit in rush-hour traffic for a couple of hours each day to get to the office. This is time you can spend working on your business right from the comfort of your own home.You’re not paying for fuel to get you to work and you’re not spending money on uniforms or work clothing. These cost savings are far better spent improving and expanding your home based business instead.Should You Work from Home?While working from home is the ideal dream for many people, there is still an element of discipline required. You really do still need to spend time working on your business and finding ways to keep sales steady. You do need to ensure that your customer correspondence is prompt and that you’re available in case any issues arise. You do need the discipline to get your work done each day and avoid distractions, even if you’re working at home.Home-based businesses really do have the capacity to become profitable enterprises. The key is to ensure you set it up correctly to minimize the time you need to spend on it and maximize the profits it makes.