Create a Product – Step by Step Guide to Creating a $ 47 Information Product
Depending on what you are selling online, however, you need them at different levels in the sales channel. So, exactly how can you create a $ 47 product and why?
In the world of information products, some of the typical sales levels are: $ 10, $ 47, $ 97, $ 197, $ 497, $ 997, or higher. I've reported in previous articles how to create a gift and a $ 10 product and their importance in their sales channel.
If you have $ 10 of your product, you need to create a $ 47 product. Why $ 47 and $ 50? The pricing of the numbers sells better than the numbered products. There are some specific numbers that sell better, such as products that end in 5, 7 or 9.
Now, the $ 47 first-time buyer will be those who have already bought the $ 10 product and are still on the list.
You see, some people will not like your $ 10 product. But since it's just $ 10, most do not ask for a refund – they will only silently delete their list. The $ 10 information product is like a qualified purchase.
So there are two things to do:
1) The new product must be tailored to the needs of $ 10 customers.
2) The new product, though it should include the DEEPER information as the $ 10, does not have to be incredibly long.
In fact, it can be as long as $ 10, as long as the information is considerably deeper. Personally, I doubled the second product side compared to the first one, but it's all relative. To add more values, you may create a CD that is part of the $ 47 product. Or create a DVD or video. So now it's not as easy to compare with the $ 10 product. Do not forget the people who buy you for $ 47 for the average person who bought the $ 10 product. You already like your style.
He said that as he completed his $ 10 product, he began writing a $ 47 information product. It may be that the second product, though longer and deeper, may only take as much time as it can produce, if not less.
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