Selling Information For Fun and Profit
| Category: Home Based Business - Getting Started | Date: 2003-06-22 |
Selling information can easily be described as the most exciting and rewarding business any entrepreneur can or ever will be involved with.
Multi-Millions of dollars worth of information are sold every single day throughout the world. Are you taking part? Have you decided to become an Infopreneur?
If you look at the major success stories online...almost without fail every single one of the them sells Information in one format or another. They are Infopreneurs on the Information Superhighway (I define an Infopreneur as an entrepreneur who sells information).
If you stop a minute and think you will also realize that the wealthiest man on the planet, Bill Gates, is an infopreneur. He creates software, which is an information product, and has become so successful at doing this that almost every computer on the planet comes equipped with HIS software.
What are the benefits of being an Infopreneur:
1) It has a Low Start-up cost.
It costs next to nothing to start an information business. If you want to start a franchise, you have to spend as much as $600,000 or more just for the rights to get started. You can get started in your own information business for much less than $1,000.
2) It has low inventory costs.
You can keep little or no inventory. Many Infopreneurs become their own "Publishing Bakery." This means that they keep a very small amount of inventory on hand at any moment. When they receive an order, they print it out, copy it, or package it up. They MAKE their product when the orders come in.
3) It is easy to Ship and deal with.
Information products are easy to ship and deal with. They rarely get damaged in shipping and usually have a low weight and shipping cost involved with them. They can easily be sent anywhere in the world. Plus with the growth of the internet, it is even becoming easier because many products can be made available to your customers online the SAME DAY as they order without any shipping cost involved.
4) It has a High Mark-up.
Information products have a high mark-up because people are not paying for the format things are delivered in. They are paying for the valuable information which is contained inside. Therefore, actual production costs are not relevant and can not be applied when dealing with these types of products.
5) It can be used as a lead generator.
No matter what type of business you are in, you can produce an information product which is used as a lead generator. Thousands of consultants in all different fields have found that once they packaged up their knowledge and experience in an information product it could be sold and bring in even more business for their other services. You can do the same type of thing. Do a product in your field and sell it to bring in MORE business for your other products or services.
The easiest business to get started in on the internet is selling information. Now, lets take the next step and show you exactly how to get started.
The title of this article says that I am going to show you how YOU can quickly and easily get into your own publishing business. I am going to do exactly that right now. Below are the three Ways you can get started TODAY in your own information publishing business:
1) Become a Dealer for other peoples products.
This is the cheapest route in most cases...in both time and monetary expense. You can get started as a dealer today and pay anywhere from $0 to $495 for the rights to sell dozens of products. The advantage is that it is low cost and you could get started this evening.
There are thousands of dealer and affiliate programs available across the net. You can check out http://www.associateprograms.com/ for information on many of them. Choose to sell exactly what you want and get started this evening.
The disadvantage of becoming a dealer for other peoples products is that you are severely limited in your income potential. Most dealer programs only offer you 10% to 50% (Most of the 50% ones also cost hundreds of dollars to join) of the profits on your sales. This can be a problem because you have to pay for the advertising! Many people find that although they make money as a dealer, it is nowhere near what they make through the other two options below.
2) Create Your Own Product.
If I really had to choose which of these 3 options produced the longest term income it is this one. Your income potential is truly unlimited when creating your own product. No one can tell you how much you make. You can choose the type of business which gets you the most excited. Its your choice. You become the master of your own destiny.
For more information on this option, check out our article "The Big Lie..." which is available on our website at http://www.bizpromo.com/free/biglie.htm
The disadvantage of creating your own product is the TIME involved in doing so. You have to do the research, experience the results, create the products, and more. Then, you have to create the marketing materials to go with it. It can take a very serious time commitment to create your own products. Many people either dont have the time or arent willing to spend the time doing this.
3) Buy Reprint Rights to a Successful Product.
A third option is to buy reprint rights to a product which is already successful. Then, you can get to keep ALL OF THE MONEY. You dont have to share it with the
author in the form of royalties. Instead of getting 20% as you would from a dealer program, you get 100% of the money from every sale.
This is probably the easiest way to make maximum profits in your business from day one. The product is already done and has marketing materials which come with it. It can be sold the same week you buy it (You have to wait for it to be shipped to you, but that is all you have to wait for).
The disadvantage of purchasing reprint rights to a successful product is the cost involved. It could cost you anywhere from $997 to $15,000 for a high quality product with FULL reprint rights and no royalty fees. That is a hefty chunk on change, but I have profited many times through buying reprint rights in this way. You can do the same!
About the Author
Terry Dean, a 5 year veteran of Internet marketing, will Take You By The Hand and Show You Exact Results of All the Internet Marketing Techniques he tests and Uses Every Single Month" Click here to Find Out More: http://www.netbreakthroughs.com
:To contact see details below.
webmaster@bizpromo.com
http://www.bizpromo.com
Multi-Millions of dollars worth of information are sold every single day throughout the world. Are you taking part? Have you decided to become an Infopreneur?
If you look at the major success stories online...almost without fail every single one of the them sells Information in one format or another. They are Infopreneurs on the Information Superhighway (I define an Infopreneur as an entrepreneur who sells information).
If you stop a minute and think you will also realize that the wealthiest man on the planet, Bill Gates, is an infopreneur. He creates software, which is an information product, and has become so successful at doing this that almost every computer on the planet comes equipped with HIS software.
What are the benefits of being an Infopreneur:
1) It has a Low Start-up cost.
It costs next to nothing to start an information business. If you want to start a franchise, you have to spend as much as $600,000 or more just for the rights to get started. You can get started in your own information business for much less than $1,000.
2) It has low inventory costs.
You can keep little or no inventory. Many Infopreneurs become their own "Publishing Bakery." This means that they keep a very small amount of inventory on hand at any moment. When they receive an order, they print it out, copy it, or package it up. They MAKE their product when the orders come in.
3) It is easy to Ship and deal with.
Information products are easy to ship and deal with. They rarely get damaged in shipping and usually have a low weight and shipping cost involved with them. They can easily be sent anywhere in the world. Plus with the growth of the internet, it is even becoming easier because many products can be made available to your customers online the SAME DAY as they order without any shipping cost involved.
4) It has a High Mark-up.
Information products have a high mark-up because people are not paying for the format things are delivered in. They are paying for the valuable information which is contained inside. Therefore, actual production costs are not relevant and can not be applied when dealing with these types of products.
5) It can be used as a lead generator.
No matter what type of business you are in, you can produce an information product which is used as a lead generator. Thousands of consultants in all different fields have found that once they packaged up their knowledge and experience in an information product it could be sold and bring in even more business for their other services. You can do the same type of thing. Do a product in your field and sell it to bring in MORE business for your other products or services.
The easiest business to get started in on the internet is selling information. Now, lets take the next step and show you exactly how to get started.
The title of this article says that I am going to show you how YOU can quickly and easily get into your own publishing business. I am going to do exactly that right now. Below are the three Ways you can get started TODAY in your own information publishing business:
1) Become a Dealer for other peoples products.
This is the cheapest route in most cases...in both time and monetary expense. You can get started as a dealer today and pay anywhere from $0 to $495 for the rights to sell dozens of products. The advantage is that it is low cost and you could get started this evening.
There are thousands of dealer and affiliate programs available across the net. You can check out http://www.associateprograms.com/ for information on many of them. Choose to sell exactly what you want and get started this evening.
The disadvantage of becoming a dealer for other peoples products is that you are severely limited in your income potential. Most dealer programs only offer you 10% to 50% (Most of the 50% ones also cost hundreds of dollars to join) of the profits on your sales. This can be a problem because you have to pay for the advertising! Many people find that although they make money as a dealer, it is nowhere near what they make through the other two options below.
2) Create Your Own Product.
If I really had to choose which of these 3 options produced the longest term income it is this one. Your income potential is truly unlimited when creating your own product. No one can tell you how much you make. You can choose the type of business which gets you the most excited. Its your choice. You become the master of your own destiny.
For more information on this option, check out our article "The Big Lie..." which is available on our website at http://www.bizpromo.com/free/biglie.htm
The disadvantage of creating your own product is the TIME involved in doing so. You have to do the research, experience the results, create the products, and more. Then, you have to create the marketing materials to go with it. It can take a very serious time commitment to create your own products. Many people either dont have the time or arent willing to spend the time doing this.
3) Buy Reprint Rights to a Successful Product.
A third option is to buy reprint rights to a product which is already successful. Then, you can get to keep ALL OF THE MONEY. You dont have to share it with the
author in the form of royalties. Instead of getting 20% as you would from a dealer program, you get 100% of the money from every sale.
This is probably the easiest way to make maximum profits in your business from day one. The product is already done and has marketing materials which come with it. It can be sold the same week you buy it (You have to wait for it to be shipped to you, but that is all you have to wait for).
The disadvantage of purchasing reprint rights to a successful product is the cost involved. It could cost you anywhere from $997 to $15,000 for a high quality product with FULL reprint rights and no royalty fees. That is a hefty chunk on change, but I have profited many times through buying reprint rights in this way. You can do the same!
About the Author
Terry Dean, a 5 year veteran of Internet marketing, will Take You By The Hand and Show You Exact Results of All the Internet Marketing Techniques he tests and Uses Every Single Month" Click here to Find Out More: http://www.netbreakthroughs.com
:To contact see details below.
webmaster@bizpromo.com
http://www.bizpromo.com
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