Do you want to create a passive income but you’re not sure the best way to do it because you’ve never started a business before? I say create a product and sell it on Amazon!
If that sounds difficult and you’re still clueless on how to create your own product, then what I recommend is that you to start with product research to figure out what you’re going to sell.
In this video, I’ll teach you the real way to do product research so you can create and sell your own passion product on Amazon. This is how I found my 6 figure profit passive income product which is Performance Nut Butter.
My goal had always been to make $300 passive income a day since I quit my corporate job almost 6 years ago. But it wasn’t until I launched my passion product which is Performance Nut Butter that I started hitting that target. My goal now is to help as many people as possible to be able to quit their corporate job just like I did, to be able to make a full-time income passively by creating products they love. So let me start by teaching you the product research method no one is telling you about.
Product Research
1. A Good idea
a. Write down ideas
b. Make a list of interest
c. Check Amazon Activity – Check what you search for in Amazon. Anytime you search something on Amazon and you can’t find it, that is a great sign.
d. Tools in Success pack.
2. Validate your Idea
You want to make sure this product is something people would buy and you can validate it by using the following tools:
a. You can look up similar products on Amazon and see how well those products are doing.
b. You can also use the free version of Jungle Scout to look up for similar products.
c. Google Keyword Planner to see if people are searching for this kind of product
d. Google trends to see if this is something that is growing or dying.
e. Launch Group. This is the most important tool that you can use to validate your product. It can be a Facebook Group where you can start growing by adding family and friends. You can then connect it to your Instagram account and document your journey to give updates to people in your launch group. Ask for feedback and opinion from them and at the end, they will support your product when you launch it because they’ve helped to create this product.
– Launch your product as a KickStarter to test it our first,
Key Secret to Making a Great Product
– Premium
– Viral
– Consumable
– Good Margins
– You Would Buy it
– Easy to Ship
– Upwards Trending
Ultimately, whatever you do, don’t just create another boring private label product. Create a passion product because there is no competition, it’s easier to market and it’s easier to get the ball rolling. You know it is going to sell because it’s something you want. Create something that excites you and you’re passionate about. Lastly, enjoy the journey!