One of the keys to succeeding in information product creation is to break the process up into discrete steps. This frequently isn’t an instinctive reaction for the typical information marketer. Especially on the internet where small sized learning products are the norm.

However, it is extremely important to your ultimate success. In fact, I would go so far as to say that if you don’t do this you probably won’t succeed… even when you are starting out let alone as you move forward.

Your product creation system should do this for you if only to help you to understand the overall task.

But why?

In this article, I’m going to ignore chunking and focus on the practical aspects. That’s not to say that chunking isn’t important. It is. It’s important to understanding and to learning the process. But while you can use the same chunks as you move forward, long term your focus needs to be on the operation of the system not the understanding of it. Unless of course you are constantly training new people!

So why is chunking important to long term use of the product creation process? (Yes, I know systems design uses a different term for this process but I’m not teaching you systems design. So I’m going to use the word learning content designers use.)

The first reason that having individual discrete tasks is important is one of schedule estimation. Frequently it is very difficult to estimate how long the total task of creating a product will take. After all, the size and type of the products matters as does the number of products in your product funnel. And those are just the most obvious elements. However, estimating a discrete task is often much easier. The total can then be estimated as the total of the discrete tasks.

Secondly, scheduling a large task can be problematic. However, by segmenting the task into a number of discrete tasks, you gain a much greater flexibility in scheduling. Not only that but as your business begins to add people you are able to schedule multiple people to the product creation.

Finally, segmenting a large task into smaller discrete tasks allows you to have much better control over the product creation. This affects two different areas — status and quality.

By segmenting your process into discrete tasks you are able to schedule and record the progress at much more detailed level. As a result you are more in control of the status of the product creation. You know what everyone is doing. When they should complete it. And how much it should cost. You also know exactly what has been done.

You also improve your overall quality. Instead of waiting until everything is done you can check quality as you go. This allows you to immediate react to low quality products without absorbing their costs. This means that you have less rework and your rework costs less. And if the product is not going to meet its quality requirement you will know about it in time to stop the development, change the requirement or fix the product.

Are you ready to start making some extra money on the side, or even to start earning a nice full-time income all from the comfort of your own home? If you said yes, then you are not alone, as more and more people are turning to their computers to start earning a living from home. Even though it is simple to get started, it is not easy to succeed. There are some very confusing messages out there of what you should actually do in order to achieve success when working from home, and most of it is incorrect. If you want to achieve success in your home-based business, you absolutely have to get advice from someone who has been there and done it already.With that said, let’s take a look at what my top 3 tricks are for achieving success in your own home based business:Trick #1 – Sell electronic productsIt is so easy to sell information products online (ebooks, MP3′s, etc), and if you have anything you can share with others, then you have what it takes to make it in the information product business. Millions of people are searching for solutions to their problems online every single day, so if you were to create some simple products then you can sell them online and keep 100% of the profits. On top of the ease of selling these products, there is no need to store them in your home, and the cost to send them to your customers is free, since they are sent electronically.Trick #2 – Treat your home-based business like a real businessMany people make the mistake of assuming that a home-based business is somehow easier to run and make profitable then a brick-and-mortar business, but if anything it is actually harder. You are essentially creating something out of nothing, so if you want to be successful, you should be prepared to work long hours for quite some time in order to become established, build your reputation, and become profitable. One of the great things about a home-based business in today’s world is that you can become profitable almost immediately since there is very little overhead involved in your start-up.Trick #3 – Don’t be afraid to failOne of the most common causes of failure in starting your own business is the fear of making mistakes and failing. If you want to make it in business, you have to have the guts to go outside of your comfort zone and just go for it. Don’t be afraid to seek the counsel of someone who has successfully started their own home-based business already, as these people can help you to significantly cut the learning curve and therefore become successful much, much faster than if you tried to figure it all out on your own.

Product creation could be a frightening subject for a lot of Internet marketers to face. Some folks who get in the game with the intention of making a full time income are completely ignorant as to how an online business operates. One of the most profitable ways to create online cash is by creating a product that others are happy to pay for.

Product creation is legitimate method of generating money through internet marketing but many entrepreneurs get it wrong. They start by imitating their Internet marketing gurus by creating information products on Internet marketing in hopes of getting rich the way their heroes did. The problem is that they usually don’t know what they are doing and enter a highly competitive niche with very little marketing experience or connections.

Here are a few tips for effective product creation that may help you get on the right track:
Start by finding a profitable niche with low to moderate competition. If you conduct some rudimentary market research and keyword research, you’ll find many opportunities in areas that will surprise you. Amazon and eBay are two great places to brainstorm for product ideas.

Developing Your Product does not have to be a difficult project. You can find experts in the right field for your niche and pay them to write the material while an artist designs the packaging and website or blog. You can outsource the entire product creation part of the project after you conduct the research and testing to ensure profitability.

Sales and marketing strategies should be created while developing the product and learning about the market. Some experienced marketers use pay per click to drive traffic to their offer page; some folks outsource the entire marketing campaign to affiliates through ClickBank or other affiliate programs.

Product creation does not need to be hard, particularly when the merchandise is electronic. E-books, videos, audio and multi-media products sell very well. They are distributed immediately to customers electronically. Once you have a good feel for a niche market, try to service your customers with associated products and upgrades. If you want to earn money online through product creation, you must understand supply and demand. The majority of new online marketers fail miserably because they go after highly competitive markets or forget to research their chosen niche properly. You have to create your products according to the needs, wants and desires of the prospective customers.