subject: Creating Your Own Information Products [print this page] Creating Your Own Information Products Creating Your Own Information Products
If you want to be a successful online marketer you must have your own product Sure! you can make money as an affiliate or become an AdSense publisher. But if you want to make a solid income on regular basis and have an Internet Business that is highly scalable and can be easily upgraded, there is no better way to go about it than creating and selling your own products.Most of the top Internet Marketers have their own products that they have either created themselves or have had them created for them or they sell membership sites.
So if you really want to be successful in your Internet Business you must also follow in the footsteps of those who have made it to the top and sell your own products;Basically, there are two types of products you can sell: 1-PHYSICAL PRODUCTS 2-DIGITAL PRODUCTS.
PHYSICAL PRODUCTS; These are obvious. They are tangible products you can see, touch, feel and smell. Just like the computer in front of you.
DIGITAL PRODUCTS: These are anything you can access using your computer. They are downloadable files. Since they are non-tangible, you cannot touch or feel them you can only see them and the startling thing is digital products - especially information products - are the hottest selling commodities online.We live in the Information Age where there is a huge demand for quality information. Information that is not available for free and is accessible immediately.The advantage of digital products over physical products is that your product creation cost can be zero or very low. Fire up your computer and you can create your best selling product for next to nothing! I'm serious when I say this. Massive mints are made by Internet Marketers this way. Their products are often built virtually from thin air, using nothing more than their own knowledge, experience, or imagination.Even if you don't consider yourself an expert in anything, you can still get this done easily as I will explain in another article.Another advantage of selling digital products compared to physical products is that your profit margin is close to 100%. Now I say close to 100% because every time you sell anything online - digital or physical - your third party payment processor will charge you a small percentage fee.The percentage fee varies depending on which processor you use, whether it's PayPal, 2CheckOut, or Click Bank but the ballpark figure is 5% which is so small, it's almost negligible. So that leaves you with 95% of the profit. In the long run, you also save on the reproduction overheads since it doesn't cost you extra to produce another copy of the digital product,.You can automate the delivery system too. So when a customer buys your product with credit card, he goes through your secure server. After his purchase transaction is successfully completed, he is sent to your Thank You Page and downloads the copy of your product himself. You don't even have to be involved in the process at all. Your ability to automate your system allows you to build multiple sites that make money for you day in day out so in effect that makes you a sole trader, owning a great business empire that practically runs on its own! As I said before, we are in the Information Age. People are willing to pay top dollar for good information. Not only that, we are in a fast pace world. People are impatient, when they want something, they want it yesterday! They don't want to wait for it. So being able to download it immediately is double plus!Also, we live in a world full of people who have realised that they need to grow and develop or hone new skills and everyone is realizing nowadays that if they want to get good information, they have to pay for it. Free searches on Google won't cut it anymore so selling digital products has become a lucrative business This is the precise definition of LOW-COST, HIGH-PROFIT on pure automation business! So if you want to be a highly successful, highly cost-effective Internet Marketer, being able to create information products to sell on demand is an indispensable skill to possess. If you have it - fame and fortune will follow you. The truth is that simple!
