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Most people find it difficult to create their very own niche product, be it ebook, video or audio products because they can't write or lack technical skills. Some so called 'guru' often make it sound more difficult than it actually is. Creating a product is easy if you know the tips and secrets to it!

This article shows you that you can actually create your own niche products super easy and fast! Even you have never written a word in your life. One easy way, of course, is to hire a ghostwriter. But this is not what this article is about.

Now, let's get started.

1)Interview an Expert or Experts in your chosen Niche

The fastest way to come up with a valuable product is to get the opinions of an expert. Most of the time, you may get positive response from these experts as they can get publicity in return. The more well-known the expert is, the more marketable the finished product will be. You can approach the email with your questions and when you get the expert's reply, just compile it into an pdf ebook. A better alternative is to record the interview itself and produce an audio product.

Alternatively, you can just as easily contact a bunch of experts and ask them to submit their best articles or reports on a particular subject. Then, compile them into a larger report or even an ebook. Each expert gets to include their web links at the end of their content so they get free publicity from the submission.

2) Record your own tips and advice

If you're an expert in a subject yourself, you could get a friend or partner to ask you preset questions and you answer those questions. Record/transcribe the whole interview and offer it as downloadable audios, an actual CD, or just the typed up transcripts. Of course, these days, you can also do a webcast i.e. a seminar via the Internet, record that and turn that into a product.

3)Update/Republish Existing Information

Find an ebook/manual that's at least a year old and ask the author/publisher to update the information. For example, you could approach the author of a "free classifieds" directory and offer to help update the information to include all the new resources that came about since the directory was last published. You could also approach the author of a printed product and ask to convert his product into an audio CD...or visa versa. How about taking an ebook on 'general gardening tips' and modifying it for the 'vegetable gardening' market.

4)Co-Create A Product

Another way to save time is to ask an expert to co-create a product with you. If it's an informational product, you could both write it together, and split the workload. The product would be finished in half the time.

5) Help Finish Incomplete Projects

Most successful product creators, especially informational product creators, have at least one unfinished product. You can offer to help them finish it. The profits and exposure can be shared between the two of you. This can be applied to ebooks, reports, manuals, manuscripts, even software/scripts or non-informational products.

6)Purchase 'Private Label' Rights

You could either search for owners who are already offering private label rights to their products, or approach authors and ask for it. Private label rights offers you the right to insert 'your name' as the author of the product. You don't have to write a single word except type in your name and website info. You could either pay for these rights with cash, or barter/trade using your own products and/or reprint rights.

7) Hands-On Video Or Camtasia Presentations

Another super easy way to create a high-value product is to create a "how-to" video or computer presentation simply by recording yourself (or an expert) while working on the project. For example, you could create a "how to" product that teaches others to use/learn the features of Microsoft Word by recording yourself using MS Word and explaining the features. Most people prefer listening over reading, and watching over listening.

8) Create A Package Using Existing Products

Approach several product owners and ask them to donate their product to your project, in exchange for publicity and a cut of the profits. Once you have a bunch of products from different owners, package them together and sell the bundle for an attractive price.

9)Public Domain Information

This is another strategy/topic that's hot right now. Look for public domain information and republish, re-author, re-title and/or repackage it. You could also go after out-of-print informational products and work out a deal with the original publishers/authors.

10)Case Studies

Ask several experts to offer a case study of their most recent project. For example, if you're writing about press releases, you would ask each contributor to give you a copy of their last 'successful' press release and explain the what/why/how of the reason for it's success. Compile the case studies into a guide that you can sell.

11)Templates, Forms, Etc.

Create templates for others to use, compile a bunch of them together to create an instant product. Example: If you're a graphic designer, you could create ebook templates, header templates, web site templates, etc. If you're a copywriter, you could offer several web copy templates that people could use to easily create their own sales letters, etc.

You could do the same thing with commonly used business letters, forms, etc.

12) Resources List

You could very easily compile list of useful resources on certain subjects and turn that into a product. Example: a list of free advertising sites, article submission sites, free hosting or free web space sites, free clipart, free autoresponders, etc.

There you have it! 12 easy ways to create your very own profitable niche products. I hope this article has started your creative juice flowing and start creating your first niche product now!

About the Author

Audrey Ly offers tips, resources and great offers specially for Newbies relating to niche product creation and internet marketing. Check out the Newbies' Hub: http://www.newbieshub.com