How to Rapidly Create Products Your Customers Will Love
60 SECOND RECAP
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~ YOUR GAME PLAN:
Idea Mapping, The Immersion Strategy, Your Profit Playbook
~ YOUR AUDIENCE:
Content That Sells, The Art of Authentic Self-Promotion,
Your Lead-Generating Website
~ YOUR PRODUCT:
The Psychology of Monetization, Blue Sky Brainstorming,
Pricing, Packaging, & Positioning
. .- NOW:
Your Minimum Viable Product
HAT YOU'LL LEARN IN THIS LESSON
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~
The #1 thing you should do first if you want to rapidly speed up the product
We've created our website and are authentically promoting our remarkable material
to others
~
We've selected a product topic and spent some time fleshing out its pricing,
packaging, & positioning
~
Now let's talk about exactly how to create your first product
THE I
T PRODUCT PORTFOLIO
VEARl
VEAR2
VEAR3
J0B
ELITE
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YEARS
NEXT, NAME YOUR PRODUCT
•••••••••••••
~
Keep it as clear and straightforward as possible
~
One formula that I like: Short & memorable followed by a 3-part subtitle
Examples:
~
The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich
~
Ramit's 6-Figure Consulting System: Advanced Strategies for Getting Better Clients,
Doubling Your Revenue, and Building Bulletproof Systems to Control Your BusinessAnd Your Time
MORE EXAMPLES OF
GREAT PRODUCT NAMES
•••••••••••••
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Why Your Opt-In Is SO Damn Important
• If you have a business (online or offline), your business IS your
customer list. No customers no business
LONG!
james
OK so it has been an intense few days. I had 9 hard yes
answers on payment so I decJde~d to go forward anyway. Made
1 9 videos (over 2 h total). Put them o~ n Wistia, embedded t he
V 1ide~os on a single page. Went back to 5 of the people who
were firm yesses, of(tered them the chance to be a beta tester
at a ~discounted pr·ce so long as they are OK with fi ing out a
detailed survey in 2 weeks and po~ ssibly a phone call. Fifteen
minutes later I have a sale.
1
LIGHTNING ROUND: PRODUCT
&A!
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"How long should my product be?"
At a minimum, aim for 1 hour of content (3+ if it's a higher priced product)
"Do I need to get this designed?"
Not for an MVP. As you grow, you can invest in logos and templates
LIGHTNING ROUND:
PRODUCT &A! PART 2
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We'll cover all this in the Sales module for now, just focus on your product!
ACTION STEP #1
~
Outline your Table of Contents and come up
with a name for your product
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Create Keynote or Powerpoint decks for each
of your lessons
~
Finally, screencast your videos and create
your product!
Time: 10 hours (worksheet provided)