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Home » Basics of Marketing

7 Reasons Why You MUST Have Your Own Info Product

15 February 2011 No Comment

Think about this: What is the number one reason people get online everyday? Simple. To get information. This is so ubiquitous a quest that Google handles 400 million queries a day! So what does this mean to you? This quest for information is an opportunity for you to fill a need. And when done correctly, you can get paid for it, too!

Info marketing 101

First, understand that this is the simplest kind of business there is. You develop a product that is nothing more than information. And other people buy this product to get the info. It couldn’t get much simpler.

How does it work?

You’ve got the basic concept – exchange info for money. In order to be successful you’ve got to provide information people want. So step one is to discover what kind of info people want. How do figure that out?

A super simple trick is to just to check “answer” sites. Just go to Yahoo! answers or ask.com and look at the questions being asked there. You want to find something a lot of people are asking about. Something that most people don’t already know. Then just give them the answer in your ebook.

An encouraging word

If you’re concerned about information product development Consider this: An ebook is just a series of articles. Don’t try to write a whole ebook. Just write some articles for your blog. And when you have a collection, refine and expand on them and voila! You’ve got an ebook.

OK, what’s so hot about digital products? Interestingly enough, we’re back to the name of this article Here are the seven reasons

1. Simplicity and ease

Once it’s built it runs pretty much on it’s own. And your customers need very little support. So you can just set it up and let it run. You’re building a completely automated business.

You don’t have any inventory. There’s nothing to ship. It’s all delivered online.

2. Product combos

Once you have a few info products created. You can combine them together to create new high ticket products. It’s nothing to combine the content from several ebooks. Then you can sell it for a lot more. People will be willing to pay a lot more for one big ebook. As opposed to a bunch of little ones.

3. Resale rights

Since it’s your product, you can offer other people the resale rights. Recently, resell rights have become extremely popular, because most people simply don’t have the time, money and effort it takes to create their own products. Plus, you can charge double, even triple your selling price for resell rights!

4. Leverage

It’s your content, so you can use it in as many different ways as you want. Break it apart and create a multi-part email series with it. And build your list with it. A list is it’s own reward!

5. More leverage

Utilize your content in as many ways as you can – like creating a few reports from parts of the ebook. Then use these to generate leads for the main product. You can make these low cost or even free. And it still benefits you because it in a lead-in for the main product. You can even make these viral by allowing your affiliates to give them away. Which brings us to…

6. An affiliate army

This is a real power strategy. When you own your own products. You’re able to let other people market it for you. Imagine having 100′s or 1000′s of other people promoting your products. You can’t do this unless you have your own product.

7. Joint Ventures

OK, this is by far the biggest reason why. Joint ventures are the biggest short cut to success known to man. And this is probably the number one reason to create your own product. Without your own products, you can’t do JVs.

Summing it up

If you don’t want to sell digital products by now, then you haven’t been paying attention. You’ll become the ruler of your own fate. Because you’re 100% in control. So just get started:

  • Visit an “answers” site
  • See what people are asking about
  • Write about the answers

Don’t make info product creation any more complicated than that. And in no time you’ll have an info product ready to go.

Technorati Tags: info product business, info product marketing, internet marketing, seo for beginners

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