10
Nov
2007
Posted by Duncan as Strategy
Infoproducts are arguably the easiest products to create and sell online. Infoproducts are simply packages of information you sell and resell in a variety of formats. They can take up the forms of printed and electronic books, podcasts, newsletters, CD and DVD sets, as well as online and offline courses and seminars.
Benefits of Making Infoproducts Your Primary Source of Income
Low Capital Costs – Hard work represents almost 90% of your investment for infoproducts. You need to be diligent in researching, writing, and designing your infoproduct. If you are going to sell it in ebook or podcast format then there are no printing costs to be concerned about. If you are going to sell it in CD or DVD sets then you only need to have a stock of blank discs and cover materials ready.
Automated Distribution – If you are going to sell infoproducts in ebook or podcast format, you can use automated systems and have it operate round the clock. Once payment has been confirmed or received, the system will simply generate a copy of the file and send it to the email address provided by the buyer.
Infinite Supply – One of the best things about infoproducts is that you only have to work extremely hard for them just once and reap the efforts infinitely – or at least until there’s someone still willing to buy. All since copying files don’t cost you a cent, the proceeds you earn after a while represent 100% pure profit.
Improved Credibility – The ability to create a successful infoproduct is something that your resume would definitely need. It immediately impresses other people and can cause doors of opportunity to open for you.
4 Simple but Astoundingly Effective Ways to Market Your Infoproducts
Tip #1 Infoproducts must always have a “new” element to it to succeed. Self-inspiration and self-help books have been around for a long time so why has the Purpose-Driven Life been of Rick Warren become extremely successful? Simple: he used a new approach for inspiring readers to change for the better. He started his book by saying that the only way to help yourself is to realize that it’s not about you, but God. He probably clinched its success when he described his book as “anti self-help”.
You can do the same thing for your product. What’s the new element about your product? It can be about love, arguably the most talked-about topic in the world, but your infoproduct will still grab people’s attention if it introduces a new voice, perspective, issue, or angle.
But if there’s nothing new about your infoproduct then you’ve got a problem in your hands. You might need to go back to the drawing – or writing – board and redo your infoproduct all over.
Tip #2 Prove that you’re a definite authority in the subject matter. No one would have purchased the Rich Dad Poor Dad series if none of its readers believed that Robert Kiyosaki knows what he’s talking about. To market your infoproduct effectively, you need to show them proof that your words are worth reading.
You can do this in a number of ways. Firstly, don’t be ashamed in placing a detailed biography about yourself on your website – and yes, you do need one but more about that later. Your biography should include all your achievements in school and work. Highlight your degrees if you don’t have actual work experience or vice versa.
If you know people who are also considered authorities in the same subject matter, see if they’re willing to write a testimonial for you on your website. Be aware that they’ll probably ask the same thing in return.
Give carefully chosen individuals advance copies and make sure to relate on your website positive results they had after reading your work.
Tip #3 Create a website. Yes, you can always sell your infoproducts through affiliate marketing but it’s still best to have a place in the Internet that you can call home sweet home. This is where you provide them teasers and FAQ about your infoproducts.
Tip #4 Give them a taste. Let them know what to expect by offering free newsletters and articles. Provide excerpts and write related entries in blogs and forums. Nothing better will convince them than seeing with their own eyes just how helpful your infoproduct can be.
Thanks And Good Luck,
Duncan Chua
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One Response
May 1st, 2008 at 12:29 am
1It is definitely good to have a plan. A lot of people think they do not need one or have a half way done plan. Get it together so you can keep it together.
martinact420s last blog post..How to get Killer One Way Links from High PR Websites
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