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Why Sell Information Products Online |
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Submitted by Jennifer Jones
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They’re free! You only need a brain and a computer which if you’re reading this now, you meet the criteria. Time needs to be put in to do the required research and make sure that your information meets and exceeds the needs of your chosen market. When organized properly, your information becomes a positive cashflow asset. Robert Kiyosaki is a strong advocate of creating positive cashflow assets. Many people think of assets as those things that have value but a real asset puts money in your pocket on a daily basis. Examples of free content that became an asset is any musician that you know and love. The Righteous Brothers are a classic group that came up with a few chart-topping hits and assuming that they wrote the music themselves, created an asset that has continued to create revenue even decades later.
It’s fast and easy to create info products. This article took me about an hour to create and as part of a series of articles could be sold as a ebook or mini-course that created cashflow. You can have unlimited inventory and instant access for your customers. A eliable webhosting account will only cost you about $20 per month and your digital asset can be sitting on the server, downloaded repeatedly and you’ll never run out of inventory, it’s fantastic! Stop thinking about physical products, focus on digital.
The profits from an online website are instant and automatic. Each time a consumer buys, your account is credited. No hassles, no paperwork, all profit! As you may be aware of, an exra talented person may be worth $100 per hour and have a capacity to earn 2 hundred thousand dollars per year. What if they want to earn more, they are limited to their earning capacity. You are well aware of the need for leverage hence you’re reading this article. Online enterprises are one of the best forms of leverage. You can create a 24 hour money machine that never tires.
The types of info products you can create are ebooks or electronic books, where your information can be saved as a pdf or in a custom application.The next is an audio product where all you need is a decent microphone and earphones. Software can be downloaded for free or cheaply that will compress your audio into an appropriate format. The final type is video. Here again, there is free and cheap software available to make it happen. No special I.T. skills required.
Have a unique product with a unique selling proposition. You can surely think of at least 1 thing that differentiates your product from the rest in the market. The more content you create, the more money you can make from your website.
Hope you enjoyed this article. All the best with your online aspirations. Take action and make it happen.
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LinkedIn Recommendation:
 Leonarda Wrye - Web Developer at Taggart Transcontinental - I don't know where to start with Teo... Just so much to say. I thought you could just build a website and the money would start rolling in, but Teo straightened me out on that up front. It's a lot more work than I thought it was. I am glad I worked with him before I made any big plans to quit my job. I do have a great business plan now, and know EXACTLY how to get to my goal of working at home... gotta get to it! Thanks Teo! - March 17, 2012, Leonarda was Teo's client |
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