How to find a $1000/day digital product idea in 30min.
The one that makes you money while you sleep.
Here is my 7-step dead-simple framework:
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The one that makes you money while you sleep.
Here is my 7-step dead-simple framework:
↓
The most frequently asked question I receive is:
'How do I find a profitable niche?'
Here's the thing: you have 2 options.
1. You can search for trendy products and ride the wave.
2. Or you can monetize yourself with courses.
Today, I'm going to talk about the first option.
'How do I find a profitable niche?'
Here's the thing: you have 2 options.
1. You can search for trendy products and ride the wave.
2. Or you can monetize yourself with courses.
Today, I'm going to talk about the first option.
1. Search:
Start by checking what other people are currently selling or promoting.
Here are a few places to start:
• Social media
• ProductHunt
• Gumroad
Try to find their landing pages and search for the number of sales and reviews.
Gather as many ideas as possible.
Start by checking what other people are currently selling or promoting.
Here are a few places to start:
• Social media
• ProductHunt
• Gumroad
Try to find their landing pages and search for the number of sales and reviews.
Gather as many ideas as possible.
2. Do research using Google Trends:
Google Trends is a fantastic tool for finding out what people are searching for.
Start by listing your ideas and search for upward patterns.
Always take notes on your findings.
Google Trends is a fantastic tool for finding out what people are searching for.
Start by listing your ideas and search for upward patterns.
Always take notes on your findings.
3. Do even more research:
You can also utilize other tools such as:
• Pinterest Trends
• YouTube
You need to gather as much data as possible.
Data will give you trust and save you time.
You can also utilize other tools such as:
• Pinterest Trends
• YouTube
You need to gather as much data as possible.
Data will give you trust and save you time.
4. Research competitors:
Once you have a few potential ideas, it's time to check if others are already selling them.
Begin searching for people through social media, Google, and other platforms.
Try to understand their sales funnel.
Check what product they are selling etc.
Once you have a few potential ideas, it's time to check if others are already selling them.
Begin searching for people through social media, Google, and other platforms.
Try to understand their sales funnel.
Check what product they are selling etc.
5. Create an execution plan:
Compile everything into one simple plan.
• Determine the distribution channels you will utilize.
• Decide on the product or products you will sell.
• Set the pricing for your product.
• And so on.
Compile everything into one simple plan.
• Determine the distribution channels you will utilize.
• Decide on the product or products you will sell.
• Set the pricing for your product.
• And so on.
6. Create an MVP:
If you immediately start creating a paid product, you will likely waste too much time.
Instead, create a free product and distribute it through social media channels.
This will help you test the idea and understand if there is demand.
If you immediately start creating a paid product, you will likely waste too much time.
Instead, create a free product and distribute it through social media channels.
This will help you test the idea and understand if there is demand.
7. Kill or continue with the idea:
If you notice that nobody is interested - you can always try again.
If you notice a demand - you won.
Start executing your plan and go all in.
Congrats, you are on the way to your $1000/day business.
If you notice that nobody is interested - you can always try again.
If you notice a demand - you won.
Start executing your plan and go all in.
Congrats, you are on the way to your $1000/day business.
I hope you've found this thread helpful.
Follow me @ModestMitkus for more.
Like/Retweet the first tweet below if you can:
Follow me @ModestMitkus for more.
Like/Retweet the first tweet below if you can:
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