Make Money Online - How Much And How Fast? by:Neil Asher
I grew my information marketing business from zero to over $20 million in annual sales in just eight years
. Was it some kind of fluke? Can other people still do that now? How about you?
I keep saying that the time is ripe to start an online business. I keep telling people, "Don't wait. Do it now."
The reason I say this with such urgency is because everything's changing so quickly. There's a very real danger of getting left behind if you don't step up to the plate and get into information marketing now.
As a planet, we are moving from economies based on manual labor and working with our hands to knowledge-based economies. Big businesses are confused. They are like sharks chasing minnows. They are so used to feasting on whales, and they can't keep up with the pace of change.
Meanwhile, the big educational systems are crumbling. They are not set up to provide the micro-knowledge and specific training people need. That's why all these niches for information products are opening up.
And now, for the first time in history, the power of publishing is in the hands of the individuals. Thousands and thousands of people are doing it from their desktops. It's nothing short of a revolution in the way we communicate, with technology leading the charge.
So let's suppose you start an online business right now. How much money can you make? How fast can you make it? These are the questions I hear all the time.
Well, one thing that's great about the information marketing business is that profit margins are very high. They are high because the cost of goods, as they say, is low. If you make an e-book yourself, the cost of producing it is nothing. And so is the cost of distribution.
All your customers have to do is download a file. It doesn't matter what the hosting is. If you make an audio or video file, now you can use Amazon's S-3 service. It's as close to free as you can get to deliver your information products.
Even if you make hard media, like CDs or DVDs, you can sell a program for $200 that might cost you $10 or $20 to duplicate. So you're still making 80% to 90% plus margins. Those are very high margins by any standard.
Now, anyone who knows me, even just a little bit, knows that I'm not the kind of person that promotes get-rich-quick schemes, or business opportunity quick fixes, or anything like that. If anything, I am a firm believer in get-rich-slow processes and long-term planning. I use relationship building to make most my sales. It's a slow and steady approach to information marketing that works.
In terms of income, I've seen a lot of success stories. I'll see if I can get permission to tell a few of them in my future writings. But realistically, I can tell you that earning a couple of thousand dollars a month from home is well within anyone's means, even if you conduct your information marketing business part-time.
So you might start an online business to have supplemental income while you keep your day job. There will be ups and downs, of course, but the ups should get higher and the downs should flatten out as you get better and better at what you do. Then, as your business grows, you can make the leap to fulltime entrepreneur with confidence.
About the author
Neil Asher (
http://www.neilasher.com/freestuff.htm) has built five multi-million dollar companies from zero, including one he took to $8 million in sales in under two years. He has created and sold successful franchises in England, Italy, Ireland, Australia and South Africa. Visit his web site for access to 17 FREE videos, 6 FREE books and two hours of audio training, revealing "How To Make BIG Money Selling Information Products On The InternetEven If You Don't Have A Website And You've Never Sold Anything On The Internet Before."
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