Are you making these 4 costly mistakes with your self-published product?
A lot of people publish all sorts of products on a self-publishing basis: They come up with a sales page. They come up with a landing page. They pay money for Facebook marketing campaigns. They do the whole routine. Still, after all this time, effort, and money, nothing happens. Their self-published product does not sell.
Here are four reasons why they fail. I share this information so that you can spot these patterns and work around them. If you recognize them in how you’re doing things, you want to mix things up. You want to take a more active role and choose to do things differently
Bad niche targeting
A lot of self-published products fail because they are barking up the wrong tree. They offer things that are big deal solution to problems. The challenge is getting other people to agree with you. It well turn out that people not agree. They may not see this as a problem big enough for them to shell out dollars for. You see how this works?
You may also be targeting a problem that a lot of people have. But these people are not really interested in paying a lot of money for the solution. Whatever the case be, you targeted the wrong niche. The money may not be there. Or, there is money, but it has a low return on investment. Also, there is too much competition.
No reverse engineering
A lot of self-published products fall by the wayside because they were produced on a whim. The author got all excited about a particular concept and has put in the time and effort to write a book. He or she is convinced that the book is the best thing since sliced bread. Well, the book is published and nobody is buying. One reason for this is the fact that the author did not bother to look at other books or digital products that address the same problem.
How did they address the problem? How did they approach the problem?
By copying and pasting the approach, the book can position itself in such a way that its prospective buyers would at least view it as familiar enough to consider.
If you don’t reverse engineer your competitors, your book may seem too weird, too unusual, or too innovative for them to bother with. They might think that you’re a genius. But that does not necessarily translate to them whipping out their wallets and buying stuff from you.
Untested sales page
It’s not uncommon for many self-published authors to copy and paste a sales page from a pamphlet. They just plug in their words, use a template, then call it a day. If this is how you do things, don’t be surprised that you are not making any sales.
Sales pages are starting points. You can use a template to put them up, but you are going to have to run traffic through it, make changes, run traffic again and keep on optimizing it until it produces the conversions that you are looking for. Otherwise, if you put it up and forget about it, you’re not going to move that many products.
No relationship marketing through a mailing list
Make no mistake. A lot of affiliate marketers are only able to convert their traffic into buyers because they set up a mailing list. Do yourself a big favor. Set up a mailing list. Create a relationship between your content and your audience. The more credible your content is, the more likely the audience will trust you regarding the stuff that you are trying to promote.
This is very hard to do with ads. This is very hard to do with blog posts. With mailing list, however, you can send updates after update to build credibility and authority to reach a point where your readers would click a link and buy stuff from you.
If you fail to wrap your mind to the reasons above, don’t be surprised if your affiliate marketing business and self-publishing efforts are running into challenges. You have to learn from the hard lessons described above.
Based on the search results and my knowledge, here are four key reasons why many self-published products fail:
1. **Following the Wrong Advice**:
A major pitfall for self-publishers is the tendency to follow misleading advice from creators who may have limited experience or success. It’s important to be discerning about which advice to follow.
2. **Poor Quality**:
Many self-published books fail because they are of poor physical quality
Readers care about the look and feel of a book, so skimping on production value can lead to disappointing sales.
3. **Lack of Editing and Proofreading**:
Another common issue is that [self-published authors overlook the basic rules of publishing
like thorough editing and proofreading. Putting out an unpolished product will turn off readers.
4. **Ignoring Reader Feedback**:
Many authors get bad reviews on their early work, but ignore or dismiss the lessons
their customers are trying to teach them. Not listening to reader feedback and making improvements leads to continued poor sales.
To succeed, self-publishers need to invest in quality, heed good advice, welcome constructive criticism, and continually refine their offerings based on what resonates with their target audience.
I can expand further on the four reasons why many self-published products fail.
1. Bad niche targeting:
– Many self-published authors fail to properly research their target audience and the demand for their product.
– They may choose a niche that is too broad, too narrow, or simply not profitable.
– It’s crucial to identify a niche with a significant audience willing to pay for solutions to their problems.
– Authors should also consider the competition in their chosen niche and whether they can differentiate their product effectively.
2. No reverse engineering:
– Some authors create their products without analyzing successful competitors in their niche.
– Reverse engineering involves studying the strategies, content, and marketing techniques of top-performing products.
– By understanding what works for others, authors can adapt and improve upon those elements in their own products.
– Failing to reverse engineer can lead to products that don’t resonate with the target audience or stand out in the market.
3. Untested sales page:
– Many self-published authors use generic or templated sales pages without thoroughly testing their effectiveness.
– A well-crafted sales page is essential for converting visitors into buyers.
– Authors should experiment with different headlines, copywriting, layouts, and calls-to-action to optimize conversions.
– Continuously split-testing and refining the sales page based on data and user behavior is crucial for maximizing sales.
4. No relationship marketing through a mailing list:
– Some authors neglect to build an email list of potential customers and establish a relationship with their audience.
– A mailing list allows authors to communicate directly with their readers, provide value, and build trust over time.
– By nurturing a relationship through regular email updates, authors can prime their audience for future product launches and promotions.
– Failing to leverage email marketing can limit an author’s ability to generate consistent sales and build a loyal customer base.
To overcome these challenges, self-published authors should:
– Conduct thorough market research and choose a viable niche with proven demand.
– Study successful competitors and reverse engineer their strategies and techniques.
– Invest time and effort into creating a compelling, well-tested sales page that converts visitors into buyers.
– Build and nurture an email list to establish relationships, provide value, and promote products effectively.
By addressing these key areas, self-published authors can increase their chances of success and avoid the common pitfalls that lead to product failures.
Here are some examples to illustrate each of the four reasons why self-published products fail:
1. Bad niche targeting:
– Example 1: An author writes a book about a very specific and obscure topic, such as “The History of Shoelaces in the 18th Century,” without assessing whether there is a significant audience interested in this subject.
– Example 2: An author creates a product in a highly competitive niche, like “Weight Loss Tips,” without offering a unique angle or differentiating factor to stand out from the countless other products available.
2. No reverse engineering:
– Example 1: An author writes a self-help book without researching the content, structure, and marketing strategies of best-selling books in the same genre. As a result, their book lacks the elements that have proven to resonate with readers.
– Example 2: A course creator develops an online course about social media marketing without analyzing the curriculum, delivery methods, and pricing of successful courses in the field. Consequently, their course falls short of meeting the expectations and needs of their target audience.
3. Untested sales page:
– Example 1: An author uses a generic sales page template with a weak headline, unclear benefits, and no social proof. They fail to test different variations and optimize the page based on visitor behavior, resulting in low conversion rates.
– Example 2: A product creator launches their sales page without split-testing different price points, guarantee options, and calls-to-action. They stick with the initial version of the page, missing out on potential improvements that could boost sales.
4. No relationship marketing through a mailing list:
– Example 1: An author launches their book without having an email list or any prior communication with potential readers. They struggle to generate buzz and attract buyers because they haven’t built a relationship with their target audience.
– Example 2: A course creator releases their program without consistently engaging with their email subscribers beforehand. They miss out on the opportunity to provide value, establish trust, and prime their list for the upcoming launch, resulting in lower enrollment numbers.
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Successful examples:
1. Effective niche targeting:
– Example: An author identifies a specific target audience, such as “Busy Moms Who Want to Start a Home-Based Business,” and creates a product that addresses their unique challenges and aspirations. By focusing on a well-defined niche, they can attract a highly engaged and motivated customer base.
2. Reverse engineering:
– Example: A course creator analyzes the top-performing online courses in their niche and identifies common elements, such as engaging video content, actionable worksheets, and interactive community features. They incorporate these elements into their own course, ensuring that it meets the standards and expectations of their target audience.
3. Well-tested sales page:
– Example: A product creator invests time in developing a compelling sales page with a strong headline, clear benefits, social proof, and a sense of urgency. They continuously split-test different variations of the page, refining the copy, design, and offer based on data-driven insights. As a result, they achieve higher conversion rates and sales.
4. Relationship marketing through a mailing list:
– Example: An author consistently provides valuable content to their email subscribers, such as helpful blog posts, exclusive insights, and early access to chapters of their upcoming book. By nurturing a relationship with their audience and demonstrating their expertise, they build anticipation and trust, leading to a successful book launch with a loyal reader base.
In conclusion, self-publishing a product can be a challenging endeavor, and many authors and creators face obstacles that lead to failure. By understanding the common pitfalls, such as poor niche targeting, lack of reverse engineering, untested sales pages, and neglecting relationship marketing, you can take proactive steps to increase your chances of success.
To avoid these mistakes and give your self-published product the best opportunity to thrive, it’s essential to conduct thorough market research, study successful competitors, create a compelling and well-tested sales page, and build a strong relationship with your target audience through email marketing.
If you’re ready to take your self-publishing journey to the next level and learn proven strategies for creating and marketing a successful product,
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