10 Resourceful Things You Can Do With A Product That Doesn't
Sell
by Larry Dotson
1. Sell the reprint/reproduction rights to the product. You
could make money selling other people the rights to reproduce
and sell the product. People are always looking for new
products to sell.
2. Giveaway the product for free from your web site. Just
because it won't sell doesn't mean people won't visit your web
site to get it for free. They may see another product you sell
and buy that one.
3. Try auctioning off the product at an online auction. You
may make part of your investment back. If you're lucky, you
may even make a profit because people sometimes get into
bidding wars and will bid a higher price than the product is
worth.
4. Use the product as a free bonus for another product you
sell. This will increase the perceived value of the product
you're selling. People will feel they're receiving more for
less.
5. Contact businesses with the same target market and see if
they would be interested in using your product as a free bonus
for their product. You could place your ad on the product and
get free advertising.
6. Sell your product to businesses at wholesale cost as a
promotional product. Businesses are always looking for
products they can giveaway to their customers with their
advertising on the product. You could make part of your
investment back.
7. Barter your product to other businesses for things you need
for your own business. You could trade for their products or
services. This will save you money and help make up for your
profit loss.
8. You could create an online contest so people could win your
product. This will attract traffic to your web site. You also
could get free advertising by listing it on online contest
directories.
9. If you decide to giveaway the product for free, allow other
people to giveaway the product for free. Place your web site
ad on the product. This will spread your advertising and
attract even more people to your site.
10. Ask businesses with the same target audience if they would
be interested in combining your product with their product.
You could then sell them together as a package deal and split
the profits. You may have better results selling your product
this way.
© 2004 Larry Dotson
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