Weeks 7 & 8: Monetization & Product Creation
Week 7 Key Focus: Ethical monetization, Affiliate marketing, Fan funding, Transparency Week 8 Key Focus: Product development, Market validation, Prototyping, Pricing strategy
Sample Week 7 Task: Problem-Solution-Value Triangle – Only monetize when you’re solving real problems with genuine solutions. Example: Create a digital study planner because your audience keeps asking for organization help, not because planners are trending.
Sample Week 8 Task: Community Co-Creation Method – Instead of secretly creating a product, publicly document your process. Ask your audience: “I’m creating a study guide – what topics do you struggle with most?” This pre-validates demand.
Sample Monetization Ethics Checklist:
- Do I genuinely use/believe in this product?
- Does this solve a real problem for my audience?
- Am I being transparent about compensation?
- Will this enhance or harm my relationship with followers?
- Is my pricing fair for the value provided?
Sample Product Development Timeline:
- Week 1: Research audience needs + brainstorm solutions
- Week 2: Create MVP (minimum viable product)
- Week 3: Test with small group + gather feedback
- Week 4: Refine product + prepare launch materials