Can’t think of a product idea?

Coming up with ideas for a product is one of the hardest things to do especially if this is your first product. The first thing you should do is ask yourself two important questions:

1/ What knowledge do I have?
2/What am I interested in?

Create a list of 10 – 15 product ideas based on your knowledge or interests for example: if I had knowledge in “web design”

My product ideas would be:

1 “how to customize a blog”
2 “Create and sell Wordpress templates”
3 “how to use CPanel”
4 “how to site flip”

Etc.. You get the IDEA!!! You can create video tutorial courses, seminars, eBooks, create software and templates.

Other ways to look for product ideas:
1/ What are your friends and family interested in or have knowledge in create a product based on that.

2/ What questions are your friends, family, colleges, people on social networks are asking over and over again. Maybe you can come up with a product that solves that question.

Go to Yahoo Answers:
Check out what problems people are asking see if you can come up with a solution.

3/ Look at books and magazines that are selling online and offline

Amazon – magazine subscriptions

Amazon – bestsellers
Amazon – magazine subscriptions

Dummies books – where you see a dummies book, there’s usually a market for your product.
Dummies website

4/ look at successful businesses that interest you, and create a product that is better than theirs.

5/ Read business magazines for inspiration on product ideas.

Recommended reading:
Fast Company
Inc

6/ Look around you, your environment an idea can come from anywhere, the latest news, at the pub, at a park etc

After you have chosen your product ideas, you need to do market research to find out if there is a market for your product. Here’s a link to a video by Frank Haywood teaching you how to use Google search based keyword tools.

Market Research – Vendiva.com – Frank Haywood

For more tips and free product creations tools check out: FREE $27 value report  Think Info Product