Product Launch Model

I am going to cover the 4 different ways to make money off the Internet. You’ll learn how to launch your digital products, build an online advertising empire, leverage off the eCommerce trend and even set up your high ticket offers and programs!

This is super important and with you going through this, you are putting yourself ahead of the pack.

Why?

Because most people jump in head on without understanding the framework
and concept of the respective business model, they end up making more
mistakes than progress and spend more time, money and resources
unnecessarily.

Guess what happens after that?

Yeap! They get frustrated and give up when they are so close to success. It’s
like 3 feet from gold.

This advice helps you to strike gold by understanding the business model first
so you can execute the plan effectively.

This is designed specifically for those who want to launch their first
product online. No more going through random trial and error before launching a product because what I’m about to share with you is the complete
launch model you need.

You’ll be guided through the 8 important elements of a successful launch.
These elements are modeled off what is currently being used by 6 and 7-figure
internet marketers who launch their own products each month in the market
and some even say it is the gold standard of product launches.

The 8 elements are,

  1. Planning your launch.
  2. The art of copywriting.
  3. Outsourcing your work.
  4. Creating your sales funnel.
  5. Striking JV partnership.
  6. Launch time.
  7. Post-launch.
  8. Planning Your Launch.

The first component of launching your product is to plan your launch. This
sounds simple but it is one of the most overlooked steps by new internet
marketers.

First, you need to do market research. This is before anything else so you can
create a product with high relevance to the needs of the market. This is a 3
cornerstone rule in internet marketing but it is also one of the most skipped or
overlooked steps by internet marketers.

Creating a new product without doing research is very risky as it can
potentially waste your precious time, money and resources.
First, create an account on JVZoo.com.

This is the most well-known affiliate site amongst Internet marketers. It is a
marketplace for product creators and affiliate marketers to market their
various digital products ranging from e-books, video tutorials, software, apps
and plug-in.

Second, compile a list of featured products of the past 6 months. You can find
this information under the ‘Featured Products’ section in JVZoo. You are
directed to a page where you can view the top picks for the past months.

jvzoo featured

On the right side of the page, you can view ‘See More…’ where there is a
month’s list starting from the current month to the previous months. Click on
the month and it brings you to the featured products of the selected month.
Get familiar with the system as soon as you can.

Next, organize the list using an Excel spreadsheet. Categorize your findings to
its respective month where the products were launched.

Then, create another category in another column and categorize it accordingly
as software program, a web based app, graphics or a hybrid product. A hybrid
product is a combination of two different product types, for example a web
based software that generates graphics and logos.

The last category and column is ‘Purpose’. For example, is the product created
for traffic or list building, email marketing, SEO or logo and graphics creation?

This is your job to organize your research so you can easily analyze and
measure the data.

When you have listed out all the featured products, you will see a pattern.
What you find is a list of the most and least popular products for the past 6
months.

The reason why we’re analyzing it is to know what’s been selling well
in the market. This indicates the needs of the market.

jvzoopotd

You may also research up to 12 months and analyze to see if there is a product
launch pattern according to the months. For example, is the month of
December filled with firesales or graphic product launches or something else?

That is why planning and research is important for your product development.
The key word you are looking at is innovation.

Take a closer look at the evolution of mobile phones, computers and even your printers. These things are hardly original when they were released. Would you agree with me if I say they are only revisions of previous creations? Yes?

So how is this information important during the planning phase?

It means you don’t necessarily need to invent an entirely new product to
become successful in your business. Any existing products will always have
room for improvement.

Look up what is selling in the market and analyze it.

From there, just improvise and innovate! Create your own product with two or more added product types or recycle features from the previous ones and you’re good to go!

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