How to launch red hot products every 14 days without slaving in your business

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HOW TO LAUNCH RED HOT PRODUCTS EVERY 14 DAYS WITHOUT SLAVING IN YOUR BUSINESS

Transcript of How to launch red hot products every 14 days without slaving in your business

Page 1: How to launch red hot products every 14 days without slaving in your business

HOW TO LAUNCH RED HOT PRODUCTS

EVERY 14 DAYS WITHOUT SLAVING IN

YOUR BUSINESS

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WHY DO YOU HAVE YOUR OWN BUSINESS? ▸ Why did you avoid a 9-5?▸ Why aren’t you in an office right now?▸ Money?▸ Or is it something else?

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ARE YOU STUCK INSIDE YOUR BUSINESS?▸ When do you have time to grow your business?▸ Bottleneck of every decision ▸ Design systems around what you do today so you

don’t have to repeat them tomorrow▸ Lifestyle > Money (But now you can have both)

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7 PHASES TO A 6-FIGURE LAUNCH▸ Idea Phase▸ Curation Phase▸ Magic Phase▸ Validation Phase▸ Product Design Phase▸ Marketing Phase▸ Launch Phase

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IDEA PHASE - DISCOVER YOUR FIRST PRODUCT▸ What’s a repetitive question you hear from clients?▸ What do you want to be known for? (Booty King?) ▸ Every niche has stages of development ▸ Fitness = Red Flag Stage ▸ Fat loss experts, info products, blogs, videos,

“solutions” EVERYWHERE▸ You need a new approach or new hook to build trust

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KNOWING YOUR AUDIENCE▸ Challenges and pinpoints (Amazon reviews, surveys,

etc) ▸ Age, Gender, Occupation, Annual Income▸ Goals, Values, Books, Magazines, Blogs, Websites,

Conferences, Gurus▸ If you have an email list large enough - upload csv. file

to Facebook Audience Insights▸ Not “big enough” yet - use audience insights on your

competition

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LEVERAGE AUDIENCE INSIGHTS USING YOUR COMPETITION

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…CONTINUED

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THERE ISN’T A GOOD IDEA▸ Uber, AirBnB, Chipotle, Nike - What’s so new?▸ Small tweaks, big opportunity (covered in ‘Magic

Phase’)▸ 3 steps to find your next product idea using Amazon

bestsellers▸ Can follow a similar process for Udemy courses or

Sub-Reddits

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STEP 1 - FIND 3-4 BESTSELLERS IN YOUR NICHE▸ Look Inside - Snatch chapter topics and expand

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…CONTINUED

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STEP 2 - READ 5 STAR AND 1 STAR REVIEWS▸ Get a feel for what’s missing and what they love

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STEP 3 - FIND YOUR HOOK▸ Compile a list of problems and solutions - Use

reviews, description, book content (Save for ‘Magic Phase’)

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CURATION PHASE ▸ Once you have your next 6-figure idea▸ Best products in the world came from other ‘great products’ ▸ Stop writing more blogs, recording more videos▸ All ‘free content’ must funnel into the big picture ▸ Curate your own content and content of others▸ Start now — get on every authority’s list/reverse engineer

their funnels ▸ Use Nimbus Screenshot or Gimmebar

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WHERE CAN YOU CURATE CONTENT? ▸ Need to seek out the best content ▸ Find authorities▸ Leverage: amazon.com , klout.com , buzzumo.com ,

cbengine.com , udemy.com , reddit.com and other forums

▸ Use same formula for Amazon as in idea phase▸ Also use Google/Youtube to your disposal using long-

tail keywords (specific to your product and niche)

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KLOUT

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BUZZUMO

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CBENGINE

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UDEMY

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REDDIT

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THE MAGIC PHASE - HOW TO REINVENT THE SAME IDEA▸ REMEMBER: There’s never a “good” idea▸ Best idea in the world won’t make you rich▸ “Bad Idea” using this phase will be successful - Magic▸ Fuel behind your marketing▸ Time to develop your hook▸ Change AT LEAST 1 in 3 product traits ▸ What’s your specialty, how has it been consumed before, how

can you add a spin to it?

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PRODUCT TRAIT #1 - YOUR HOOK▸ Most fitness products never get off the ground▸ ‘Red Flag’ stage - make sure to let their guard down

first (stories mentioned later)▸ Maybe fat loss is the goal but what makes yours work

over other options they’ve tried. ▸ Hormones, G-flux, Muscle Activation

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PRODUCT TRAIT #2 THE MEDIUM OR DELIVERY▸ How it’s consumed▸ Books —> E-courses —-> Memberships —-> Online

Coaching▸ Transform a similar piece of content and change how

your audience consumes that information▸ Example: hitmaxelite.com ▸ Change how you sell the product: think

dollarshaveclub.com

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PRODUCT TRAIT #3 - THE AUDIENCE ▸ Market the same product to a different audience ▸ On a smaller scale take an ab product, change the

hook and demographic▸ Think: The 40 and over crowd vs and 18 year old

dude▸ On a bigger scale, ‘swipe’ successful business

models from other industries▸ Think: helix.com ——> your fitness company

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VALIDATION PHASE - TESTING YOUR IDEA▸ Midigate Risk▸ “Pre-Launch”▸ Rank and prioritize traffic channels ▸ Affiliates, Email Drops, Content Marketing, Amazon,

Facebook/Instagram Ads

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3 QUESTIONS TO ASK ▸ How much will it cost to acquire a customer?▸ How large is your audience on this channel?▸ Is this where your avatar is chilling?▸ Set up your KPIs

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THE VALIDATION LEAD MAGNET ▸ Splinter 1-3 benefits from your solution ▸ Write 1-2 page specific piece of content (Very narrow

& quick)▸ Design one landing page for each lead magnet▸ Send traffic to each using email, social media, or paid

ads

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WHERE TO CREATE YOUR EBOOK FOR FREE▸ Design in canva.com or snappa.io/app

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WILL THEY BUY?▸ Set up a one page sales page

▸ instapage.com or clickfunnels.com ▸ Follow up email series BEFORE you create the

product▸ Warm up new prospects ▸ Put them on the spot: “grandfathered in” and send

to the landing page▸ Emails should serve to sell a warmer audience

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ANALYTICS - DID IT WORK?▸ First set up the timer for 7-10 days (test shouldn’t be

longer)▸ Hack: Connect your sales message to what is trending

now google.com/trends ▸ Record the following

▸ Clicks▸ Opt-ins▸ Sales %

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BOOKS TO READ FOR VALIDATION PHASE▸ Different techniques for validation, just use one ▸ Examples include

▸ Ask ▸ Will It Fly▸ 4 Hour Work Week — Chapter: Testing The Muse

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TOOLS▸ Design - canva.com or snappa.io ▸ Analytics - baremetrics.com or google.com/analytics ▸ Landing/ Sales Page instapage.com or

clickfunnels.com ▸ Selling - Network/Hustle or adespresso.com or

clickonomy.com

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PRODUCT DESIGN PHASE▸ KISS Method▸ Don’t make an time consuming product unless required▸ MVP then expand ▸ Use your hook and build your framework (blog titles, book chapters,

course sections)▸ Piece content inside the framework using curation and your own ‘old

content ▸ Swipe concepts NOT the positioning/wording (curate the how NOT the

why)▸ Add your spin and weave the hook/USP in your product

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DESIGN YOUR WHY - MASLOW’S HIERARCHY OF NEEDS▸ Universal building

blocks▸ New value to your

audience, similar product

▸ Create a system around these needs

▸ More needs filled = higher perceived value

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THE PRODUCT DESIGN SYSTEM▸ Idea Phase - Create the topic/hook▸ Framework Phase - use Udemy and Amazon sections ▸ Curation Phase - Use the steps I supplied earlier ▸ Sculpting Phase - Piece curated content into the

framework▸ Buildout Phase - Create flow using your customers

why, weave content into the hook/USP

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MARKETING PHASE▸ People don’t buy products▸ Building your system before asking for the sale▸ Reverse engineer your product line▸ The Basic Funnel

▸ Each core product should look like an umbrella ▸ 1-2 tripwire products ▸ 1-2 lead magnets per tripwire

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A FULL FUNNEL STRATEGY▸ Reverse engineer how

your customer will go through the funnel

▸ Email follow up and pixels are key

▸ Most people don’t buy after just one ‘ask’

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SALES COPY/LANDING PAGE COPY▸ Should have already designed a basic ‘warm’ copy piece for

validation phase▸ Headline = USP and hook▸ Easy Format = PAS ▸ Read other pieces of sales copy (your competitors)

▸ Gimmebar or Nimbus Screenshot▸ The easy way - swipe framework from successful sales copy then fill

in the blanks▸ Emails = Indoctrination —> Engagement —> Ascension —> Segment

—> Re-engage

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LAUNCH PHASE▸ Where the selling happens▸ How much do you want to put on the line?▸ Choose your selling platform▸ Share commissions vs putting your own money on

the line▸ Hard to get people on board without validation #s

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LOW RISK▸ No money down, hustler formula…▸ Leverage facebook groups and pages to find partners

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PREREQUISITES▸ Damn good product - validation phase▸ Fierce USP - using Maslow’s hierarchy ▸ Avatar seamlessly connects with USP▸ Right message, right audience = $$$

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FIND YOUR PARTNERS▸ Same audience, different niche▸ Indirect competition ▸ Go to websites emailhunter.co ▸ clickonomy.com or cbengine.com ▸ Create your partnering script (just like a short sales

page)▸ Not about your vision, about their benefit

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RUN YOUR OWN ADS▸ adespresso.com ▸ Ad- scent▸ Types of ads (story/longform, short/question/, survey)▸ Types of selling options:

▸ Yay minus boo▸ Exposed!▸ The Truth About _______