You can operate this business from home and therefore do not have any Rent, Rates, Business Insurance, Lighting or Heating etc. to pay
You have NO stock to purchase and therefore NO purchase costs or storage costs.
You do not need staff with all the costs and problems that can bring
With the low cost set up, you do not need to borrow money and do not have to produce cash flow forecasts etc. particularly as this business has POSITIVE CASH FLOW. Your customers pay upfront first and then receive their product.
LOW COSTS; THE BASIS OF A VERY PROFITABLE BUSINESS
WHAT IS YOUR BUSINESS ?
To provide not only information that people search for but ways in which they can change and improve their lives and life styles. You provide this in a way that they can order these products at any time, day or night, from anywhere in the World and normally get an instant down load; just need an internet connection.
THE SIZE OF THE MARKETPLACE
It is VAST. More than 1 billion people have shopped on line at least once and that number is just continuing to grow. People have so many interests, problems or questions that need answering and they search for that information or answers on the internet.
With information publishing, the range of products you can create and sell is never ending but there are a few over-riding simple and important things to remember.Your products need to Add Value, Make a Difference and Enrich Peoples Lives
Remember Zig Ziglar’s famous line; “You will get all you want in life if you help enough people get what they want.”
THE FINANCIALS
Let’s keep it simple; You create let’s say, two 15 page information products in a niche which you know a bit about and sell for $9.97 each. Do you realise what income that brings in?
$9.97×2=$19.94 per day or $598 per month or $7178 per year less a bit of commission to the likes of ClickBank.
Remember; NO COST until you sell something and having created the product and listed it, no further involvement except getting paid.
You can GO ON from there.
More reports, upgraded reports at a higher price, monthly information membership sites for residual income and so much more. The list could go on.
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Your primary goal as an Information Publisher is to provide valuable and accurate information about the subject you are writing about.
This can be about almost anything but if possible this should be about something you yourself have a great interest in and therefore providing this service is not like work anyway. IT can be an EXTENSION of YOUR HOBBY
However, whilst it is desirable for it to be something you are interested in, it is definitely not necessary for that to be the case for you to be able to create a very successful and lucrative information business; after all the purpose of business is to make money.
Either way, it is essential that you check that there is a demand and marketplace for your product. YOUR MARKETPLACE
Two very powerful ways to do this are to use 1) Google’s Keyword Planner or similar tools to check the search volume for Keywords related to your information product or 2) Check Amazon to see if there are books related to your topic; look at the sales rankings, customer reviews and ratings to see how well these products are selling, so as to get a good feel for the demand.
A quick look at the potential and range; You can create a brand new report and sell it for $9.97 ( we have already illustrated what income that can return) and then you go on to produce an upgrade to a $47 product and then a premium one at $97. You can create membership sites with a monthly subscription of $20 ,to create residual income by providing updated and on going information.
BUT REMEMBER; Make sure your information is accurate because then people will grow to like and trust you and therefore will be prepared to order from you again and again. Always check for accuracy before publishing.