How to Create a Series of Products to Generate More Income

As a product creator, you want to earn as much money as you can, as easily as you can. The thing is, it’s hard to generate new ideas all the time. You have your customers and you have a solid idea of what they need and want. But, you’re constantly trying to figure out what you can do keep them coming back to you time and time again.

The fact of the matter is, no matter how much they enjoy your work and no matter how much they learn from you, they aren’t going to buy every product you come out with. The original product they bought from you may have been light years more relevant than the next product you come out with. Still, you know how important the lifetime value of a customer is. What’s the answer? You don’t want them to buy just the first product… You want them to buy most, if not all, of the products you release.

The answer to your problem and to making more money with your products is to release info products as part of a series. People will get addicted to your products and want to collect them all.

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Mini-Case Study Plus Hidden Business Opportunity

Victorine Lieske reveals she made $17,000 from her audiobooks on YouTube.

Frankly it never even occurred to me that people would listen to audiobooks on YouTube, but apparently it’s a growing trend.

Book publishing in general deals with spikes and dips in income. You publish a book and get a spike of sales, then the sales dip over the months unless you continue to market the book heavily.

Victorine has 10,000 followers on her YouTube channel and it provides a more stable, predictable income for her.

Plus, it also gives her more exposure which results in more book sales, too.

While Victorine writes romance books, this could work for non-fiction as well.

Now here’s the hidden business opportunity in all this: Of course you can publish your own books on YouTube, but why not act as an agent, publishing all sorts of other people’s books on YouTube?

Choose an author, offer to handle all the details for them and get them online. Send some traffic, be sure to include links to their books on Amazon and share the YouTube income with them.

The author gets their books on YouTube without having to do anything. They get a cut of the income as well as traffic to their books on Amazon and more sales there.

You handle the details and get paid for it. You then add more authors in the same niche and build up your audience and your stable of writers.

The trick to this will be choosing one niche and sticking to it. This way subscribers know just what to expect from your channel and it’s much easier for you to bring in new traffic, too.

How much can you earn? Impossible to say, but if you get ten authors like Victorine and divide the profits in half, the profits are pretty easy to calculate.

The Benefits and Dangers of Using AI in Your Online Business

Artificial intelligence (AI) is a competitive tool that many of your colleagues will be utilizing in their online business. This technology has created a deep divide among those who are all in on it versus those who abhor it and won’t touch it.

Both of these extremes are wrong, and you should strive to fall somewhere in the middle – being open to the use of AI tools, yet cautious about how (and when) you leverage them.

Learn more inside.

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Checklists for Managing Customers

As a business owner, one of your main tasks is managing customers. You have to take care of their needs and problems, answer their questions, and make sure you maintain the relationship you have with them.

Treat your customers right and they’ll return to you time and time again. This is something you can systematize. Create checklists for yourself so you can be sure you’ve covered all of your bases.

As part of managing your customers, you’ll personally connect with customers via email, possibly set up a help desk, connect on social media, pay attention to their needs and desires, create products that help them, promote products that help them, and more.

Depending on your business model, you might handle all of this yourself. I try to do as much of this myself as I possibly can. Or, you might hire someone to help you do some or all of these tasks.

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