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Article #69: Making Money With Information Products

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Making Money With Information Products product, which should give some
step-by-step advice on how to overcome a
Profit Puppy Ecourse No.8 particular problem or achieve a
Making money with information products particular goal (there's more about
-Guys, this is one of the most powerful picking your topic below). Just remember
business strategies on the internet!- that when you start recording you deliver
So have you ever thought about becoming the essence of your experience (or
an infopreneur? research) in an entertaining and concise
Info marketing is a multi-million dollar way. If you are producing an
industry which is still open to just instructional CD or tape, a simplified
about anyone with a good idea. There's and bare bones approach is often best.
the potential to earn a six figure income Come up with steps that will help your
from selling your own tapes, ebooks, customers achieve their desired goal/s.
videos, reports, CD's, ezines and DVDS to When you're ready to go, shut off the
name a few. phones and start recording (it's also a
I actually know a few people who are good idea to have a script in front of
making millions a year through home-based you). Record your tape in less than 60
operations (and a few others who have minutes. Play it to your friends, make
been able to subsidize their incomes from any changes you think might be worthwhile
low risk business ideas). In most cases, based on their advice. When you're happy
all it took was some good market research with the final product, create some
and the get up and go to actually put the duplicates (or get someone to do it for
information product together. you) and then start selling your product
Believe it or not, that's the biggest on the Internet - It's that easy!
obstacle to overcome when putting Making your own DVD information product
together an ebook or DVD product is If you think your idea is an exceptional
actually having the motivation to get one, or something that could work better
started - it's not as hard as it sounds! visually, then you might consider
The most common, and usually the most producing your own DVD of Special
successful information products are Interest Video (SIV's). This type of
e-books, audio cd / tapes and information product (often referred to as
increasingly, DVD's. We'll take a look Guerilla Video) is becoming more popular
at each of these categories below: as the required production technology
Writing a successful ebook becomes more accessible. Anyone with a
You really have 2 options here. You can DVC, a computer and some editing software
develop the content of the e-book can now make fairly professional looking
yourself, or you can get someone to do it DVD's.
for you. There's a few other ways you DVD's like tapes and CD's are also more
can go about creating an e-book, for valuable in terms of what your customer
instance, obtaining the rights to an out might pay for them; although they are
of print book, but these methods and more expensive to produce, people are
considerably more complex and don't offer more likely to pay extra money to watch a
any guarantees. DVD (especially if it can show them how
If you're a semi-confident writer, my to do something instead of having to
advice would be to try and write the book listen or read about it). For example,
yourself. A good way to start is to showing someone how to dance or swing a
write about something that you are golf club would be much more valuable
interested in - spend 15 minutes a day then telling them how to do it.
putting down your ideas, if you find you Remember that the 'if you can't do it,
are struggling, do your best to outline get someone else to' principle applies
your ideas and then investigate the for DVD's and audio information products
possibility of hiring a writer to as well. It will cost you a little
research and draft the remainder of your extra, but will usually be worth it in
ebook. the long run.
There are loads of good writers around Regardless of your current level of video
who will put together polished and expertise, if you have the basic
concise copy for around 10 cents per equipment, you can produce your own SIV.
word. Take a look at for more The first time around, you should consult
information about finding a freelance with a sound and lighting technician and
writer. hire a video editor who can help you
Some writers expect up to $175 US an hour assemble your masterpiece.
for their services, although thanks to Picking a topic and selling it
the internet, it's not impossible to find I probably should have covered this at
a reasonably talented scribe for around the beginning? Anyway, by now you've
10 cents per word. It's important that probably got 3-4 ideas for your own
you are clear in what you want to achieve e-book? If not, you'd better get
when advertising a project so that you brainstorming!
attract someone who is suited to the Have you ever trained an animal? There's
project. If you don't have any luck with a product right there. Do you have a
Elance or Freelance Writers, you could fantastic way to save money? There's
also try posting to Yahoo Groups or another product. Do you know how to build
approaching people at your local uni. anything? That's definitely a product.
It's important to remember that your There's potential for information
reader probably won't be too concerned products all around you. The most
about your command of the English important thing is that you research you
language - just make sure you clearly target market properly and find out what
explain your concepts and ideas they are interested in. A great way to
(especially if you are writing a "how-to" do this is to post a short online
style ebook). For more information about questionnaire which you can advertise
writing and marketing e-books, visit through pay per click Google Adwords. You
where you will find a number of valuable could offer to give away a free copy of
resources. your product to anyone who helps you out
Audio CD's and Tapes with your market research.
If you don't fancy yourself as a writer Before marketing your product, decide how
whatsoever, another option you have is to much it's worth: as a rough guide, you
create and audio tape or CD. It's not as can sell an audio tape for at least $10 -
expensive as you might think, and audio $30 or a series of tapes for a lot more
products still have great appeal for (depending on the subject) and you should
buyers. be able to double that price for a CD or
While DVD's and Videos have become easier DVD product. At the end of the day you
to create, tapes and CD's are still the really have to test your price -you need
mainstay of the information product to understand how much the market values
world. The reason of this is that media your information. If your product can
savvy buyers aren't enticed by the often help other people earn money, you should
amateurish production qualities of video be able to sell it for $97 per unit or
or DVD info products. Another advantage more. If you're trying to market a dog
of tapes and CD's is that you can listen grooming manual you may find it more
to them anywhere, for example in your car difficult to generate good returns - you
on the way to work. must pick your topic carefully.
To produce a CD or Tape of reasonable Some killer website copy, targeted ads
quality, you are going to need to and packaging can all help add value to
purchase (or hire) the necessary your product. You will also need a
equipment. If you can afford to buy some merchant account so you can accept
studio time, it's worthwhile, but if you payment for your information product.
just starting out, it's an undue expense Visit to learn more about merchant
that you can avoid. Your local accounts.
electronics store should be able to arm E-books, tapes and SIV information
you with a noise reducing microphone and Products can be the ideal business to
some high quality audio tapes (although start - they are easy to produce, simple
you could record your to your computer to ship, and enjoy high returns because
first). You can expect to pay around $50 people aren't paying for the physical
- $80 all up. You don't need expensive form the product is delivered in.
equipment to get started, although you Remember, that after you've completed
may have to upgrade if as you go along… your product, you'll be making nearly
Assuming that you've researched you topic 100% profit (that's if people are
(and target market properly), you can now interested enough to buy it).
start working on your information






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