Creating Your First Product for Your Online Business: Informational / Digital vs Physical

★ SUMMARY ★
Hey, it’s Sasha Evdakov, and welcome to BackstageIncome.com, where I share with you how money is made behind the scenes in your business and also your life.

In this week’s episode what I’d like to really tackle on is which product you should start with creating first, whether that’s an informational product or actually a physical tangible product, if you’re in the online business space.

There are a few different things to consider before you actually start creating your product.

Focus on your customer

One of the main things and most important things I think that you need to focus on is your customer, because remember, the product is all about the customer and if they don’t want it, you’re better off saving your time and enjoying yourself on a vacation, than spending your time and wasting it creating a product where nobody purchases it.

As we start digging deeper into evaluating informational products and actually physical products, I will tell you that typically the product that has less barrier to entries are the ones that are easiest to create, and it’s the ones that get this snow ball effect rolling for your business.

The easier – The better

For example if you’re starting with creating an eBook, maybe some video content, or just writing blog articles, those are typically the easiest ways to start something or to get your product going.

If you compose all the blog posts that you’ve written and created over the last year or two, you now have a PDF guide or potentially you could turn this into a book.

Read the full post at: http://backstageincome.com/2015/creating-first-product-online-business-informational-digital-vs-physical/

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On Backstage Income we discuss how to build a profitable income stream online. Topics include from finding your niche, creating products, money and wealth, product creation, marketing, passive income streams, and minds of success. If you are interested in exchanging ideas, want to contribute, or just have some thoughts to share – we’d love to have you subscribe and join us!

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