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Creating and selling your own premium ($300+) products

Discussion in 'Making Money' started by jiipodd, Jul 25, 2011.

  1. jiipodd

    jiipodd Registered Member

    Dec 3, 2010
    Likes Received:
    Moving around Europe

    I am thinking of creating very high class, premium products and sell them for at least $300+, maybe even as high as $1000. Those are not some rehashed stuff but based on my education (I have Masters in Business) and on my understanding of the niche which is then applied to the market. Just to give some idea of the magnitude of those products I am creating, during the last week I managed to finish perhaps 1/10th of the product that I am creating while working ~30 hours on top of my other projects. The idea is to create membership sites with a one time fee.

    The idea behind the price tag is to weed out people who would be too annoying to deal with (i.e. ignorant fools who demand diamonds from their $20 ebooks), not serious enough (i.e. not willing to pay) and of course to get decent income for myself. The value of the content is definitely high enough to merit that kind of price as it can be easily recovered in one month by a person willing to take action.

    A few questions:
    - Have anyone been selling such info products before and if so, with what kind of success?
    - How have the conversions been?
    - If you have hosted membership sites, what kind of technical structure do you recommend?

    And before someone comes and says that I would make more money doing X - I really don't care. I am creating these products because a) I need them b) there is a demand for them c) I see myself more as a creator than as a marketer (even though I've done that too of course).
  2. MikeHustle

    MikeHustle Power Member

    Mar 1, 2009
    Likes Received:
    I remember reading that the flow of money actual comes from the group of people that you are weeding out (the lazy and the stupid).

    Sounds a bit Timothy Ferris to me.

    Good luck.