Why Selling Hot Information Products is Still Very Profitable
The cheapest product to sell can be the most profitable. Since information is often the most valuable thing you can buy, selling hot information products is probably the best way to get and stay profitable online! For example, if you buy an eBook with resell rights, you pay for it once and can resell it, at no additional cost, as many times as you like. Producing a batch of CD’s or DVD’s (with a professional look, complete with jewel cases) can cost as little as $1 per unit. With the advent of “print on demand”, you can be selling a book you wrote for a percentage of the sale price, without having to buy up or store a dozen cases of books in your house.
There are many different ways you can tap into the market for information that the Internet has created. Sure, there’s a lot of free information out there – but you get what you pay for! If all you do is sort through the information people need so much on a given subject, compile it into a report that’s easy to read and use, you have a product that can make you money for a long time to come. The number of people that have no idea how to find information on the internet is far larger than most people imagine. Many of these people will pay good money for someone else to do the looking.
Some computer savvy individuals sell hot information products locally. They go around to local businesses, ask what computer problems they are having, and offer to supply solutions. Often, all that means is going home, going online, finding the answer and burning a CD with the solution on it. They go back to the business and either sell the CD outright, or use the information or software on it to do the work for the business owner. That can be a quick N 2,500 or N 10, 000 right there! Creating and hosting Web pages for local businesses can mean hundreds of naira up front and monthly fees for sharing a “reseller” hosting plan from a hosting service.
Creating unique video information can be extremely profitable. Whether you offer yoga instruction, step by step directions for installing security cameras, screenshots and narration of software use, or any of the millions of possible ways to teach somebody something with moving pictures, you can do like the other people who actually make a living doing this. The yoga instruction and security camera videos are specialized niche products that actually sell for $97 a piece!
The huge market for eBooks is growing every day. The most popular format for computer-challenged information seekers is the .PDF format, which works almost like a Web site. You click on an embedded link and it takes you to another page or picture in the book. There are free eBook compilers that you can use to make a useful eBook in just a few short hours. Once made, you can resell the book forever and never have to spend a cent to do so.
Information products have to be the most exciting area of eCommerce. No other way of selling something on the Internet (or offline) has the profit potential of a good info-product. Extremely low cost, high demand and the potential for unlimited reselling means you must take a look at this way of doing business. In the Information Age, targeted, specific, user-friendly information is the most valuable commodity that you can sell, and resell!
To learn more about Information Marketing and how to make more money from it, please read through our previous posts or through the related posts listed further below. You should also subscribe with your email, RSS, follow me on Twitter, become my friend on Facebook and become my fan at www.facebook.com/jadesojiadegbulu so as to get more posts about delivered to you as soon as they are made available here.