So far I’ve done most of my development and earned most of my money behind the scenes. I have a select group of fellow internet marketers who I meet with once a week to discuss ideas, plans and progress but other than that the first time anyone else hears about new developments is when a new product goes live and is announced on BlogPiG.com. This time I’ve decided to go public early and also go into much greater detail about how exactly I intend to monetise the product.

The benefits for me are twofold. By discussing my plans in public I introduce an extra level of accountability that will help keep the project on track and on time. Secondly I’ll get valuable feedback from readers as to whether I’m on the right track. This will be the first-time I’ve attempted this type of project in this particular arena so I’m all ears when it comes to comments and advice.

The benefits for you are that you get a sneak preview into my latest product and maybe even get to play with it if you make it into the beta program. Secondly you get to watch my product launch cycle in real-time and maybe even replicate it with your own product. Assuming all goes as planned!

As you may have gathered from the post title this project is a membership site. The challenge is to develop a membership site with 100 recurring memberships in 100 days or less, essentially 3 months from now.

The membership price will be set at $47/month, quite a high price so it’s going to have to be a good product (and it is!). 100 members at $47/month will provide a total income target of $4700/month for this project. I have other sources of income but I’m ring-fencing this one for this experiment, I think it’s an ambitious yet achievable goal. Depending on which day you look at the exchange rates, $4700/month is around £3000/month which is, coincidentally, the amount my household income is due to drop later this year due to the imminent arrival of my baby son (Woohoo! Very exciting). The goal is to completely replace that lost income with this project resulting in there being no net effect on the family finances.

So that’s the plan but what’s the product?

Introducing NichePiG – The Keyword Reaper. It might sound like just another keyword research tool, but stick with it, this one is very different.

I’ll go into more detail about the exact features of NichePiG over the coming weeks. For now just imagine the total automation of your entire market research process and you’re still not even close to what it can do…

NichePiG is in alpha testing right now. I’ll be asking for some testers for a private beta in the coming weeks so If you’re interested don’t forget to sign-up for membership of the blog as priority will be given to members on my Aweber list.

Okay that’s it for now, stay tuned for more info coming soon…