Description

If you have been online for any length of time, you have likely heard that “the money is in the list” and that “you need to have your own product” to make the most money online. These are good pieces of advice to follow, but if you have never created your own product before, it may seem mission impossible to complete this task.

Fortunately, creating your own product does not have to be mission impossible. In fact, many people who are equally as talented and even as less talented as you are have created their own products and are reaping the benefits from them. I’m not just talking about profits either, but building your own brand/reputation, having affiliates promoting your product, and more.

You may be wondering, “how do I identify a problem I can solve?” Here, you will need to do some observation and some research. Some of the best ways is to go to your favorite search engine, type in the industry or topic you are interested in along with “+ forums.” This should bring up a list of online forums that serve the people in that industry or who deal with that topic. You can go to these forums and read about the current topics and issues being dealt with in that industry.

You may have to register at these forums first in order to access some sections of them, but this is not the case at all forums. If an issue or problem continues to be brought up by several members of a forum, chances are that this is a problem you can build a product around in an effort to solve or alleviate it. This is a problem that is demanding a solution, and you have the opportunity to provide that solution and make good profits by doing it, plus build your reputation as a problem solver and solution creator.

You can also read about various topics and information in online newsletters, magazines, and ezines related to your industry to find potential problems that you can build a product around. Oftentimes, there are statistics in publications regarding common problems people in an industry are facing; if the statistics indicate a great deal of people are struggling with that same problem or issue, you have a potential product idea to build around.