Turn Others Problems Into YOUR Profits

product creationOne of the best product creation methods is to find a problem and then create a solution for it. One of the best places to find problems to solve are forums.

Once you have found a problem and came up with the solution, you let people know a method to solve it but don’t mention your product yet. You wait a day or two and and then sell them the solution.

Here are the steps:

  1. Find problem.
  2. Create solution.
  3. Tell a method to solve the problem. (Prelaunch)
  4. Announce your solution.

It’s really THAT simple but incase you need a little help understanding it, here are some examples.

Example 1:

A few years ago eBay stopped allowing digital auctions so I told people that the simple solution is to burn the items to CDs/DVDs.

However, I didn’t tell *how to* do this. The software it takes or any other details.

Instead, I released a package that tells how.

Example 2:

I was visiting a forum and people outside the US were complaining about the US dollar being down and how they have to sell in USD because their main market is the US and US people, generally, wont order in other currencies.

So I chime in and tell them they should use GEO location and display the currency based on the visitor location.

e.g. If they are in the US, give them a USD price. If they are from ____ givem them a ___ price.

They loved the solution BUT they didn’t know how to actually do it. It can be a little technical.

Now, for this one, I called my programmer and gave the idea to her because I have enough on my plate right now.

There you have it. A quick way to come up with a product, (soft) pre-launch it, and then cash-in.

To YOUR Success,

Garrie Wilson

P.S. This is the same method I used for creating eBook Fixer, Quick Site Blocker, Hoplink Manager and a few other programs.

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Jan 23rd, 2011
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