The Viral Marketing Giveaway 7 just launched, and for a limited time you can instantly download over $18,000 Worth of hand picked online money making and Internet marketing tools–software, ebooks, guides–without spending 1 penny! Grab them here:
Knowledge is Wealth
Selling products or services isn’t the only way to make money online. What you know can earn you a nice income. People are always looking for information to help with a problem, to educate them, or to entertain them. There is big money in information products on the Internet. The potential for huge profits are great because you have low startup costs and no inventory.Â
The most common information product is an eBook. An eBook is simply information in an electronic rather than paper format. Other information products include:
streaming video viewed on a web page
audio files on tape or CD
pod casts
access to web pages where info is stored
printed books, CDs, DVDs sent to buyers.
Computer + Topic = Information Product
Big money in information products happens because the process is very easy to create. Choose an interesting topic, put fingers to keyboard and in a little while you’ve created an info product. If the topic is really hot, you may start earning income hours later. Internet technology provides 24/7 sales and delivery of product. Automate your site so you can sell the product, process the payment, deliver the item via email, and follow up with the buyer later to check on customer satisfaction (and sell more stuff!).
What makes a good information product?
Practically any subject can net big money in information products. How to start a business, self-improvement techniques, career advice - if you can think of a topic, there are probably people willing to buy the information product you put together.
Use your interests and expertise for subject ideas. Search online forums to locate people who might be interested in your information product. Offer to send them a free copy of your info product. This will spark sales and lead to referrals for you.
No writing experience needed.
You don’t have to be Pulitzer Prize material to create information products. There are millions of works in the public domain that you can republish and sell. These include non written items such as art, photos, old films, and historical speeches. You can even hook up with a talented writer to help you create an information product and pay him a flat fee or percentage of the profits.
You could make a video of yourself or another person demonstrating a skill (cooking, crafts). Budding musicians can record their songs and sell them as an mp3 download. There’s even a guy who records himself reading nursery rhymes and sells the CD to parents with small children.
Product Promotion
A lot of fledgling book authors and musicians sell their books and CDs from the back of their car trunk. For online information products, your web site is your car trunk. Create a site specifically for selling your information products. Participate in affiliate programs to increase site traffic and sales for your items.
Sources
“The Best Product to Sell Online,” (entrepreneur.com)
“Selling a Product on the Internet,” (2createawebsite.com)
“What is The Perfect eBay Product???,” (skipmcgrath.com)
Can you get rich selling e-books? While Bill Gates’ type of income isn’t guaranteed, you can earn you a very nice income selling e-books online.
E-books are electronic versions of printed material that can contain text, sound, and images. The profit potential from selling them is high because start-up and operating expenses are very low. The biggest expense is purchasing books for sale.Â
You can earn even more money if you write some of your own e-books. Your writing skills don’t have to be stellar. There are online sources that will take your research and craft an e-book for you. Some of these companies even take care of marketing, payments, and shipping.
Buying e-books for Sale
You can purchase e-books from authors online. eBay is another source for e-book buying.  Purchase e-books with resell rights. This allows customers to sell the e-books they buy from you themselves thus providing an incentive for them to do business with you.Â
Make sure the e-books you buy (or write yourself) are full of useful information and resources. Some e-books are nothing more than ads and sales pitches for the writer’s products. These “ad books” will turn off customers and decrease repeat business.
Do your research to determine what types of information people are seeking. Getting rich selling e-books will depend on the topics covered, customer base, and marketing campaign.Â
Before buying an e-book for resale, do an online search for the title. If lots of web sites are selling the book, it’s probably a popular title and will be a good seller. It also helps to sell e-books that cater to a specific market niche. Search online forums and other group sites to locate potential target markets for niche titles. Contact these groups with a short email inviting them to visit your site. Offer an incentive such as 20% off first purchase to increase site traffic.
E-books about current trends or hot topics will generate more income. Your income will really get a boost if you can spot the “next big topic” and write or purchase e-books to sell before the competition saturates the market.Â
Marketing Extras
You can use a common template for your e-books’ web site or sell them on an existing site you already have. However, to stand out from the competition, create you own web site to sell e-books. Always add new titles to your stock to keep old customers coming back and to attract new ones. Use email to notify customers of new titles and special sales. Offer discounts on slow moving titles.
Affiliate programs are another way to get rich selling e-books. The affiliate pays you a commission for his or her e-books you sell. To earn extra cash from e-books you write, start your own affiliate program.
There are plenty of online and print books that will help you learn how to get in on the e-book sales bandwagon. A good place to begin reading is “Make Your Knowledge Sell,” by Ken Evoy and Monique Harris.
Sources
“About Making Money with E-Books,” (about-the-web.com)
“Make Money Selling Ebooks,” (christianet.com)
“Make Money Selling Ebooks,” (homebusinessmag.com)
“Is Your Dog Selling eBooks Too?,” (marketingsource.com)
If you’ve ever wondered whether you can get something for all those hard-earned tax dollars that you so happily hand over to our frugal and fiscally responsible federal government, well, we’ve found something. The National Institutes of Health (NIH) just announced the news that you can download free PDF ebooks on the topics of heart health, diet and cholesterol, and living well with heart disease. They are also available in printed form, but for a very low cost. Almost everyone knows someone with these types of problems, so we thought it was worth posting on the blog.
National Cholesterol Education Month (September) is a perfect time to read the new publication designed to help you make the lifestyle changes needed to reduce cholesterol and, with it, your risk for heart disease. Your Guide to Lowering Your Cholesterol with TLC (Therapeutic Lifestyle Changes) from the National Heart, Lung, and Blood Institute (NHLBI) of the National Institutes of Health details a three-part program of diet, physical activity, and weight management designed to bring cholesterol levels down. For the full story and all the links to this publication series, click over to this iHealthBulletin News Healthy Heart eBooks link.
Have you ever thought about becoming an author, or how to write an e-book? Or how you can use an ebook to promote your new business? Many people have no idea what an e-book even is, let alone know how to use one to advertise their business. The object of the so-called e-book–for a businessperson–is to somehow attract a good portion of the over one billion global Internet users.
There are countless things on the Internet that people are looking for on a daily basis, from medical advice to education to financial services. All this searching is reason enough for an information package to be put in place, to sell to others they are looking for. Any way you slice it, the hottest product on the Internet is information. After the initial cost is over with when setting up an e-book, you will have no further cost to get the word out as sending e-books is free. All income brought in will then be profit gained. E-books are not like a traditional textbook per se, as the primary core of a traditional printed book is words and if you are lucky a few simple charts and graphs. An e-book can indeed be much more productive in it’s presentations, allowing for streaming video and audio codes to be installed. This will heighten the overall effect of the book.
It would be a very good idea for you to use this sort of streaming video in an e-book, as this will allow for the best pitch on the sale of the product to reach a much broader demographic. Knowing about a product before you buy it seems to be a way of life these days. This would be a great way to demonstrate just how the product works and what the perks are. By chaining this video on an e-book to a contact email list, you then can go back later and do follow-ups on the people that have viewed the book and its video. One of the strongest assets of an e-book is the easy-to-use chapter previews. This is an extremely powerful tool in the marketing strategy. It will allow for simple needs to be addressed or the full-fledged read for the newbie. This will allow people to view small segments of the book, and then if need be or they desire they can download the rest at a cost. This is known as unlockable content. If people can be convinced that the service is valuable by reading some of the e-book, you can be sure that you have gained their attention.
There are several fine e-book software programs available on the web, and these can make the writing and the formatting process much simpler and quicker. One ebook software program is eBookGenerator, and another option is eBook Gold. For all you ebook authors, old and new, best of wishes!
If you have not yet investigated the world of e-books, it is time for an introduction, as e-books can be beneficial for you both personally and financially. E-books are electronic books that are downloaded and saved onto your computer. Some e-books must be purchased, and some are even free. You can read them directly from your computer, or print them out to read at any time. The intriguing thing about the e-book phenomenon is that almost all of the middle men (agents, publishers, wholesalers) can be cut out, and you can manage most of the work yourself (writing, editing, formatting, copywriting, and selling). E-books are a great idea for those of you who want to be more independent in your success. In addition, your success can come much quicker with e-books than with traditional print books.
A first step in this process of creating an e-book is of course deciding on a topic, or at least defining it better. You may already have interesting topics in mind, but make sure your final choice is a topic in which many people will be interested. Otherwise, you cannot expect big sales. Whether you know what you want to write about or you simply know you want to write, when thinking about good, profitable e-book ideas, check to see if your topic is one that is in demand. A good tool for this is Online Gold Finder .
When deciding on e-book ideas, remember also to consider your knowledge of the topics. The phrase “write what you know†applies to e-books just as it applies to all writing. Write about something with which you are familiar, and about something that intrigues a good number of people. Also, do a little research as to how much information already exists on your topic. If you know a good deal about both the circus and underwater basket weaving, and find that there is a demand for information on both topics, look around to see which topic already has the most information available, especially online. If there are 100 e-books already in circulation about the circus, but only 8 about underwater basket weaving, consider underwater basket weaving as one of your e-book ideas. There is both an interest and a demand.
Finally, consider purchasing one of the good e-book software programs available on the web, as these programs can make the writing and formatting process much more efficient and hassle-free. One is eBookGenerator, and another option is eBook Gold.