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Need An Idea For A Product? . . . Try This!

Discussion in 'Making Money' started by WizGizmo, Sep 25, 2009.

  1. WizGizmo

    WizGizmo Super Moderator Staff Member Premium Member

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    Hey B-Hatters:

    About a month ago, I posted a share in the Member's Download Section called "Desperate Niche Dollars". You can get a copy here:
    http://www.blackhatworld.com/blackh...ars-niches-60-insanely-profitable-niches.html

    What the author of the book did was to find 60 niches. He did some minor keyword research. Then he found some matching affilate products and included his keyword findings and links to the affiliate network signup pages for the products in the set of PDF's that he offered.

    The author's product was okay, but what was especially cool is that it sparked an "Aha!" idea in me.

    If you are good with basic product/keyword research, you can easily do what the author did, and even OUTDO the author by giving more keywords per niche (Use SENuke for keyword research and use their simple "This one is easy to rank for", "This one is not the easiest to rank for, but doable ", "This one is Super easy to rank for") type of comments next to your longtail keyword findings. Of course, you can use the Google Keyword Tool if you don't have SENuke, as long as you know keyword research.

    In addition to finding and including the hot product niches and keywords, you can also include some basic techniques on how to use Social Media authority sites, etc to get backlinks and get to the 1st page of Google with their offer. Maybe even offer a Camtasia video or two which would show how to do it.

    You could create a series of these "Instant Hot Niches" products created sort of like Angela Edwards Backlink Packs and Pauls Backlink packs. The only difference is that you would be offering Hot Niches Packs instead of Backlinks Packs. Sell them to a limited amount of buyers to avoid saturation (this also creates "scarcity", which is a great selling technique, as we all know).

    Internet Marketers are people, and people like things that make it easier for them to do certain things.

    I think this could be a winner if it is done well, and if you provide great content and easy to follow instructions, there should be no reason that it wouldn't work.

    And the cool thing is that you could do this over and over (like Angela and Paul).

    Well, that's my idea. I invite your input on this and maybe you can offer some enhancements to this method.

    Cheers! - "Wiz"
     
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    Last edited: Sep 26, 2009
  2. rudyvise

    rudyvise Jr. VIP Jr. VIP

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    Very great idea Wiz. As always.

    Thanks

    Rudy
    :)
     
  3. WizGizmo

    WizGizmo Super Moderator Staff Member Premium Member

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    Just had another thought . . . If you wanted to beef it up and add even more value, you could include single-page landing/squeeze page templates for each niche in PHP and/or HTML.
     
    Last edited: Sep 25, 2009
  4. KBC-12

    KBC-12 Regular Member

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    Whoa! I am working on something very similar to this.

    This is a great idea and the concept can be applied and expanded upon in many different ways.

    Like I said mine is similar. My price tag looks like it is going to be $20.
    Hopefully net around $900 in week. Now off to finish it....
    I plan on this being an introductory price, One problem I was having was with the pricing...
    Then I will expand the features and Increase the price.

    Any suggestions on price tags? Market place is forums to start....

    Take this basic model and expand on it and YOU WILL MAKE MONEY.

    Good post Wiz
     
  5. WizGizmo

    WizGizmo Super Moderator Staff Member Premium Member

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    To KBC-12:

    Since you would be offering a limited quantity (maybe 50 copies or so), I would test it at $27 which would be a fair price. A lot of it depends on the quality of your product, how much work and how long it would take you to put it together.

    Probaby WF would be the best place to sell it, and the second choice being DP. Initially, the idea would be to get a buzz going about it. After that, you might want to make it "exclusive" for member's of your own membership site. Then charge a monthly fee for your membership site. After that, you won't need to sell your monthly "Instant Hot Niche Packs" on a forum. Exclusivity is an appealing selling point.
     
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    Last edited: Sep 26, 2009
  6. KBC-12

    KBC-12 Regular Member

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    50 was the exact number I decided to limit it to. HaHA.
    I plan on giving away two free review copies. So, 48*$20-fees and outsource cost= $900 net.

     
  7. WizGizmo

    WizGizmo Super Moderator Staff Member Premium Member

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    As an introductory offer, $20 isn't bad. Research has shown that uneven numbers work better though, like $17 or $27.
     
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  8. KBC-12

    KBC-12 Regular Member

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    Humm, interesting. Nice tip. Gotta love the nuances of marketing.

    I was also thinking of doing... For the first 24 hours it goes for $15 if the price stays at $20 or first 5 or 10 buyers get it for $15. (50 buyers Cap.)

    If i go with the uneven theory... $14 for the first ______(fill in the blank) and $19 thereafter....

    Any thoughts on those numbers? Any thoughts on first 24 hrs Vs. first 5-10 buyers? As far as which one invokes a sense of scarcity more?

    Thanks in Advance

    KBC
     
    Last edited: Sep 26, 2009
  9. Malcolm Keo

    Malcolm Keo Newbie

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    Thanks Wiz for this business idea. Which membership site platform works best ?
     
  10. WizGizmo

    WizGizmo Super Moderator Staff Member Premium Member

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    See the page below:
    Code:
    http://membership.pickthebusiness.com/articles/membership-site-software/best-membership-site-software.php
    I did a Google search to find it. I have personally never operated a membership site. I am aware that there are several downloadable scripts here on the forum for membership site software, and I can reasonably assume that if you do a forum search here at BHW, you will find several threads relating to the subject.

    Cheers! - :Wiz"
     
  11. eshera

    eshera Registered Member

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    I also remember a download for "Membernaire" in the downloads, but I don't recall any reviews on how good it was. :D
     
  12. tzvii

    tzvii Registered Member

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    I still do not know much about this stuff yet, but coming from a consumer viewpoint, it seems that 24 hours is more urgent then 5 buyers; unless you're doing a big launch that people will buy fast.
     
  13. seoagent

    seoagent Newbie

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    Thanks to Wiz Gizmo! Ever heard of "Synergism?" Thats what I do. I read what other people are doing. I use other people's software apps. Then I get ideas just sprouting out of my head, "Hey what if I do..." and find new and even better ways of doing things!

    So with Wiz Gizmo's idea about where he finds all those e-books and stuff, I found something else I would like to share with BHW Members now!

    I was searching for e-books to share on BHW. And I was typing in keyword phrases I thought there would be an e-book for. Well, within just two keyword phrases, Googke came back and told me there were no such e-books! LMAO!:D

    Why was I happy? Because it was a highly searched keyword phrase! And there wasn't even a book on the subject! Now I am going to write one for that market!

    Why do this? Here it is from the source myself: Google values AND indexes accordingly, content that is in higher demand than simple static text content.

    With just looking at content, video trumps podcasts, in turn trumps e-books, in turn trumps text, in turn trumps static images. So, sure that's fine, but the magic of an e-book is you can contain all your affiliate links, ect. And take the time to sell to the reader when they are offline as well.

    And an e-book is much more viral than trying to share a video. Plus if your reader is in a hurry, they can read faster than listening or watching video. Something to think about.

    So to conclude, what I learned from Wiz Gizmo was how to search for exisiting e-books to share on BHW. BUT what I ended up adding to this exercise, which I believe to be far more valuable, was to be able to use all the highly search keyword phrases and discover where there wasn't even a single book written.

    This can be done for podcasts, videos, ect. Same exercise: Find keyword markets where there are no such files, and be the first to create them! Then just keep up with the link building weekly, and you will have the first position in any keyword market, or very close to the top with your newly increased and perceived value from Google itself.

    Of course links and all other factors of seo count, but I was amazed to find such lucrative keyword markets with such wide virgin territory. So as far as product ideas are concerned, there are lots to go after still!

    What I would like now is a software app where I can insert a 1,000 keywords in and query a search engine for a specific type of file, instead of one at a time on the search engine's search page.

    Any suggestions about the software app that might do this would be greatly appreciated!:)
     
  14. WizGizmo

    WizGizmo Super Moderator Staff Member Premium Member

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    To seoagent:

    It would be inaccurate to say that using the "filetype" Google operator and not finding specific books on specific niches is conclusive though. Many ebooks are much more protected and are wrapped in RAR or ZIP archivers and are named in such a way that you wouldn't be able to recognize exactly what it is.

    Cheers! - "Wiz"
     
    Last edited: Sep 26, 2009
  15. seoagent

    seoagent Newbie

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    Thanks Wiz Gizmo, I'll remember that one. I'll use those extensions in my search as well and see what comes up. But its all good. I win, if there is something there. I win if there isn't anything there. LOL!