Before you begin to develop your own product you must determine if there is a market for the product you intend to create. Sadly, many people do it backwards. They first create a product and then determine if a market exists. Or worse yet, they develop their product and begin to market it without doing any research at all. It is only when sales fail to materialize that they realize that there is no demand for their product.

Developing your own product requires quite a bit of effort and time on your part. In most cases, it takes somewhere between four and six weeks to develop a product and get it ready to market. What a shame to invest all of that time and work only to realize too late that no market exists for your product.

Unfortunately, this is due, in large part to flawed advice. Many so-called experts say that you should write about what you love. This is nonsense. Before you decide to write an ebook and invest your hard earned money, time, and effort, do some research. Is there really a market for an ebook on picking wild mushrooms?

If you are thinking about creating your own product, it is important for you to make sure that you have come up with a product that consumers will actually be interested in. Therefore, you need to understand the importance of doing some market research before you attempt to develop and bring a product to the market.

You do not want to invest a great deal of money, time, or effort in a product line unless and until you have confirmed that there is a demand in the marketplace for your product.

There are a number of ways that you can do this preliminary research. Start out by doing a simple search on Google or your search engine of choice. If your search comes up empty, that is a warning sign. In that case you can almost be certain that an ebook on that topic would fail to earn any substantial profits.

Next, use the pay per click websites to check on the price of the keywords that are related to your ebook. It is a good sign if you see numerous keywords that cost several dollars. If advertisers are paying two and three dollars per keyword, there is a good likelihood that they are making money in that niche. If that is the situation, you may have found a profitable subject.

Only after you determine that a viable market exists for your product should you go ahead and invest the money, time, and effort required to develop your own ebook.

Do you want to learn more about how I do it? I have just completed my brand new guide on how to develop your own ebook and start your own affiliate program.

Author's Bio: 

Develop Your Own Ebook!
www.WriteEbooksAndMakeMoney.com

200 Free products you can sell!
www.MillionDollarArticle.com