As I tucked my boys into bed that night and my 3 year old insisted in sleeping with his new ‘honky tonk one man band CD’ (yep, we bought one too) next to his bed it struck me just how powerful having a product to sell can be.
As bloggers trying to make a few dollars from our online activity many of us get stuck thinking about making money by slapping ads on our blogs – but in doing so perhaps we’re doing the equivalent of busking for tips (not the perfect illustration I know). I know I’ve fallen into that trap myself over the years but in working to develop products to sell I’ve seen a variety of benefits including:
Revenue – obviously selling a product (whether it be a book, ebook, membership site, consulting, coaching etc) has the potential to make you money. The cool thing about it is that you’re not splitting revenue with an ad network or someone whose product you’re promoting with an affiliate promotion – but it’s all yours