How To Crank Out Million Dollar Product Ideas From Scratch

Are you currently stuck trying to think up ideas for that million dollar product?

I’ve got a surefire formula to get you unstuck and on the road to generating more profitable product ideas than you can handle.

First, let’s talk about the real reason people hit a blank wall when they start brainstorming. The sad fact is that our brains are a bit lazy. The human mind hates sustained concentration and always seeks the shortest, quickest and easiest path to solving any problem.

When you sit down with pen and paper in hand and ask yourself, “What product do I want to create?”, you’ve just given your brain an overwhelmingly open-ended question…

The problem is that the term ’product” is far too abstract. It includes literally thousands of possibilities. Your mind gets overwhelmed and doesn’t know where to begin. Think of your mind as a young child on a playground. You want to give him a clear set of boundaries. He can play freely and safely as long as he knows your parameters – but set him loose with the command to “do anything”, and he’s likely to run out of your control.

Fortunately, there’s a formula you can use to take control of the brainstorming process… This formula gives your mind something it absolutely loves: order and categorization.

When you use this formula, ideas will come to you automatically. The reason is that you are giving your mind a logical map to branch out from, rather than asking it to start in the middle of nowhere.

Are you ready to learn the formula for churning out million dollar product ideas at will? Here it is:

==> Consumer Class + Product Purpose = Winning Idea!

Each of the above variable represents a set of questions you must answer. Your answers do not lock you into anything. Instead, they create a series of sub categories to guide you in your brainstorming sessions. These sub categories enable you to open up new tightly defined niches the farther you go.

(1) Let’s start with the “Consumer Class” variable...

Who is your consumer? Is he/she:

- An individual?
- A small business?
- A large business?
- An end user at home or at work?
- A single product consumer?
- A bulk product consumer?

Also ask the question of what your consumer is interested in, and which market niche he/she belongs to.

(2) Now, let’s look at the “Product Purpose” variable...

What is the purpose of this product? Is it:

- Pure information and education?
- Aimed at solving a problem quickly and efficiently?
- Designed for entertainment?
- Factual or fictional?
- Text only or will it include software, audio or video?
- Complete as is or will it require updates?
- Suitable for download or better off rolled into a membership site?

You can even add additional variables to plug into the formula if you want.

Notice how each variable opens up further room for categorization? Let’s say that you chose “a single product consumer” for your consumer class variable, and “fiction” for your product purpose variable. What you really have is a fictional entertainment product. At this point, you have a new map to branch off from.

What comes to mind when you think of a single product consumer? E-books come to mind. Maybe the product should be a work of fiction in e-book format? This sounds good, so now all you have to do is figure out what types of fiction people are actually searching for online…

The next step is to go to overture.com and type in some keywords. In this case, I tried out “e-book”, “fiction” and “stories”. It appears that Harry Potter e-books are popular, but you risk copyright infringement on that topic. The number one niche for “fiction” happens to be “fan fiction”. Fan fiction usually involves new story lines (often of an explicit sexual nature) between popular science fiction characters. We’ll pass on that one as well.

However, the keyword “stories” pulls up something interesting: ghost stories! Here’s an area where you could collect a lot of content from the public domain (For tips and secrets on using public domain for profit, you can find excellent information in “Public Domain Riches” at http://tinyurl.com/5xkwn).

You could also hire a professional fiction writer from Elance.com and have him or her put together some ghost stories or old wives’ tales for you…and voila! Instant niche product.

You can come up with other fun ideas within this one niche by continuing to play with the variables. For example, if you repackage the product purpose in the audio-visual category, you might come up with other ideas like:

- A CD or downloadable set of mp3’s containing “spooky sounds”
- A set of graphics or screensavers for Halloween
- Some novelty software like a virtual ouija board or ghost-hunting game

Now, wasn’t that easy? Four new ideas generated almost instantly and you didn’t even have to break a sweat...just fill in the blanks of this formula and the product ideas pop out like magic!

A powerful way to reap huge profits here is to act on the right ideas fast. Turn million dollar ideas into million dollar products.

If you're stuck with the actual process of product creation, look to proven blueprints like "Create Your Own Products In A Flash" (http://www.l1nk.com/urr/productsinaflash.html) or "How To Create Best Sellers Online" (http://www.l1nk.com/urr/bestselling.html).

These will help you churn out profitable products easily in no time!

About the author:

Discover Ewen Chia’s Secret Affiliate Weapon
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Top 10 Tips For Generating Big Traffic To Your Blog Today

Let’s face it, blogs (or weblogs) are getting incredibly popular amongst people with an internet connection due to the ease and practicality of setting one up.

Despite this however, there is no value in having a blog if no one is visiting and reading it!

Therefore, it is important to know exactly how to drive traffic to your blog if you desire to increase your readership or monetize it.

To do that, here are 10 quick tips to generating more traffic to your blogs:

Tip 1: Reciprocal Linking

One of the most proven ways to gain targeted traffic is to exchange links with other bloggers or site owners. This is a task which requires a little work – by sending an email request for a link exchange with a few follow ups but the results are worth it.

Another linking method is to simply write a testimonial for a product you have purchased. If your testimonial is good, product owners will usually publish it on their sales page with your blog URL included.



If you want to skip the traditional way of exchanging links and go for the easier way, you can automate the process with various software and services found on the net. Just do a search at Google.com and you will have a list of these.

Tip 2: Blog Commentaries

Do you know that your comments also have high potential in generating targeted traffic to your blog and is an effective linking strategy?

All you have to do is find a blog related to your niche and post your comments. At the end of your comments you can include a link back to your blog, this way people who are interested will be able to visit your blog as well. However you should never misuse this to spam other blogs.

Tip 3: Blog Directories

Blog directories are similar to search engines just that they cater only to searches for blogs. It is advisable to submit your blog to the major directories, some of which include feedster.com, technorati.com and blogstreet.com.

Similarly, there are many blog services like pingomatic.com which you can use to ping your blog. Pinging your blog notifies the service that you’ve updated your blog. These services will then publish your new posts and you get traffic from interested readers and search engines.

Tip 4: Writing Articles

This is one of the best ways of pulling targeted, steady and long-term traffic to your blog. By writing your own articles and submitting them to article directories, you can invite a lot of targeted visitors to your blog.

In order to generate traffic by writing articles, you need to include your resource box at the end of every article you have written. The resource box is where you promote and introduce your website or blog.

To truly maximize your results, you need a system to create, submit and leverage off your articles easily. One of the best available is seen at http://EzineArticle.com/aa.htm

Tip 5: Writing Press Releases

Press release is a very effective way of generating instant traffic to your blog. Although press releases only pull in short-term traffic, they can work very well if you continuously write and submit press releases regularly while monetizing the traffic received.

PRWeb.com is one of the oldest and most trusted sources for news distribution on the web. Or you can use an automated press release service like http://www.SubmitYourPressRelease.com to do the work for you quickly.

Tip 6: Start A Blog Mailing List

The phrase “the money is in the list” is true in all businesses. If you want to succeed online, you must start building your own list of targeted subscribers. You can send your subscribers to your blog anytime you have new posts.

By the same token, you can also get your blog readers to subscribe to a ‘blog update’ list which can be used to notify them when you have updated your blog. REPEAT traffic through returning visitors is a key traffic strategy and you can control that with this method.

Tip 7: Publishing Your Own Ezine

You can also provide your subscribers with useful information in several series with an autoresponder. An ezine is often called an online magazine. By publishing your own ezine, you are able to attract readership to your blog when you advertise it in your ezine.

Tip 8: Pay For Traffic

If you have a good monetization strategy for your blog through affiliate programs, Google Adsense and a mailing list, you should consider using paid advertising to drive traffic to your blog.

Recommended options include pay-per-click advertising, ezine advertising and huge banner exposures.

Tip 9: Giving Out Free Reports

Give out free viral reports to promote your blog. Providing useful information in your free reports can trigger your readers’ interest to know more about you and your websites. More information on this tactic can be found at http://www.MiniEbook.com.

Tip 10: Niche Discussion Boards

Discussions boards or forums can deliver targeted traffic to your blog. If you have a blog about gardening, try searching for a related niche forum with huge traffic to participate in.

Most forums will usually allow you to include a signature file where you can write a few sentences of words. You can invite people to visit your blog through the signature file by posting more regularly.

In conclusion, realize that getting traffic to your blog should not be viewed as a one time effort. Commit and focus on a long-term strategy in order to succeed. It is all about gaining momentum.

Once you get a decent amount of traffic to your blog, you will attract more visitors to it everyday as you work on it. As time goes by, you will have an amazing amount of traffic to your blog which you never thought was possible!

About The Author:

Discover Ewen Chia’s Secret Affiliate Weapon
To Force Avalanches Of Instant Cash Into Your
Bank Account Fast…Even If You Don't Have
A List, Website Or Product! Click Here Now:
>>> http://www.SecretAffiliateWeapon.com

Read More...