Product Launch Payments
100 Lessons About How to Earn Extra Money Online
Part VII. Own Products Creation
Product Launch Payments
1. Method to Receive Payments
In this part, we will discuss the method to receive payments.
After you determine your niche, make your product, work on your sales copy, and you created an eCover which was an optional step we just covered. No you are ready to cover how to accept payments.
You need a way to get your money. You also need a way to get affiliates to promote your product for you so you can maximize your potential revenue and profits. The first part of receiving your payments is to use www.paypal.com.
If you don’t have a PayPal account, it is very simple to do. It is one of the easiest, hassle free ways to set up your payment processing. It is one of the fastest and recognized formats.
There aren’t any monthly merchant account fees with PayPal. There is a small transaction fee just like any other system. There is no money upfront to pay for it. There is a fee for each transaction when it occurs. The beauty of it is that you have already made that money so they don’t take it out until there is a paid transaction.
It is completely free because there is no fee up front before you make money. If you can’t use Paypal for various reasons such as previous issues or your country where you live, there are other solutions:
These are integrated for you to accept credit card payments.
They are all free to set up and then you pay them a small percentage of what you earn from a transaction. That is how all these processors work. We are going to focus on using PayPal in this lesson because that is what the majority of people use and what we recommend. It also allows you to get affiliates. The other solutions make it harder for you to create an army of affiliates.
Remember, affiliates get paid a commission from you for sells generated from promoting your product. This is what PayPal looks like, it changes often, but it is usually very easy to navigate.
Set up your affiliate network in PayPal so that you have a market place for your product. You won’t have to rely on just your own efforts to generate sales. Part of a product launch that is successful is to have affiliates.They generally already have an email list or a blog. They have ways of getting you traffic. Affiliates are one of the fastest and most successful ways for you to generate traffic and sales when you launch your product.
You can also get affiliates through JVZoo which we are going to be using often and talk about more later on. It is a large market place of buyers, and it is great for digital products.
It gives you the opportunity to find affiliates to promote for you without spending money. JVZoo already has affiliates that are ready to promote for you. They can help you to generate big sales online quickly. Many free traffic methods take time to really take hold. This one though allows you to focus energy on affiliate recruiting so that you can really generate some good revenue.
Keep in mind, the entire system you are following is exactly the same process that I use. The difference is that we use our own web hosting, buy our own domains, etc. However, this shows you how you can do something powerful like creating and launching a product without investing any money. You only pay affiliates when people buy, then you pay them a commission.
JVZoo helps you to keep track of your sales and your conversions. It is found at www.jvzoo.com. Sign up for PayPal and for JVZoo if you don’t already have accounts. This will allow you to have a way to launch payments and to launch affiliates.
2. Resources for You
a) Recommended Tools for Own Products Creation
These products are of a good quality and may be very useful to facilitate your product launch basics, know how to start getting your information product and how to promote it:
b) Recommended Websites
To improve your knowledge and skills on how to find quality offers to promote we recommend the following websites: