By Dwain Jeworski (Internet Marketing Center's VP of Marketing)
Every week, we get dozens of emails asking the exact same question: "Help! What should I sell online?"
Now, at IMC we're not going to tell you exactly what product you should sell to make great money on the Internet.
(After all, if we told the thousands of you who read this blog to start selling "Product X," then you'd be facing quite a lot of competition, wouldn't you???)
But what we will do is tell you exactly what TYPE of product you should be selling, if you want to reap the greatest profits from all your online efforts.
And that type of product is...?
INFORMATION.
Yes, you read that right. Information is by far the most profitable kind of product you can sell online.
Why?
Think about it for a moment... What do the vast majority of Internet users go online to search for?
That's right. Information. Which means that by selling highly sought-after information on your website, you're giving people exactly what they're looking for!
And that's a recipe for online success.
Here are some more reasons why information is the best type of product to sell on the Internet...
When you sell "hard" products that require physical delivery, you have to deal with the cost and hassle of manufacturing, stocking, and packaging -- not to mention shipping your product. And all those things take a serious bite out of your profit margin.
However, when you sell information -- in the form of an electronic "eBook," for example -- once you've created your master copy, you can make countless duplications of it, at NO additional cost. Your manufacturing, stocking, and packaging expenses are non-existent!
And because you can deliver your electronic eBook instantly to your customers, your shipping costs are zero, as well.
That means your profit margin is 100%!
Your customers will be especially attracted by the promise of instant gratification. They won't have to wait days (or even weeks!) for their product to arrive -- it'll get downloaded to their desktop in just a minute or two, which means they can start accessing that information right away.
And once your website is up and running, you can automate your entire business so it takes just an hour or two a week to run! You can set up your order form and "shopping cart" system to automatically process the order, put the money in your bank account, and electronically deliver your product to the customer. It's the perfect "hands-free" business!
... And you don't even have to be a writer!
To create a best-selling eBook, you don't even have to be a professional writer! You can hire someone else to do the writing for you. Simply tell them what topics you want your eBook to cover, and then let them go to it.
(A great place to hire writers who won't charge you an arm and a leg is www.elance.com.)
Or, if you're just starting out and don't have any extra money to invest in product development, you could create an "interview compilation" book. All you have to do is interview various leaders in your industry then type up the interviews and put them all together in your eBook.
For example, if you want to sell a book on how to house-train a puppy, interview three or four well-known dog trainers in your area. Then type up the transcripts of the interviews and put them together in an eBook.
You could even consider compiling articles written by other people that focus on a particular topic of interest to your customers. Maybe there are already a bunch of articles online that talk in detail about the different ways to house-train a puppy.
All you have to do is get permission from the original authors to reuse their content, put all the articles together into an eBook, and ta-da! You've got a product on your hands.
How do you get permission from the authors?
Simply explain to them that your eBook will provide great publicity for them and let them know you are planning to widely distribute the final product. Make sure they understand they'll receive full credit for their work and that their contact information will be made available to readers (along with mention of other products and services they might offer).
Once you have compiled all of the contributors' work, you should have a highly valuable publication on your hands. And you didn't have to write any of it yourself!
The FASTEST way to be making good money online
You can write a profit-generating eBook -- and build the site to sell it -- in as little as 2-3 weeks. There's no faster way to make a solid income selling your very own product online.
And once your site is up and running, you can get feedback from your visitors and customers and start testing new ways to sell to them, so you can perfect your product and your sales process so it's making maximum profits in the minimum amount of time.
But that's not all... Once your eBook business is truly booming, you can start adding more products on to the back end, which you can then sell to your customers and boost your profits still higher!
So that's my best possible answer to the never-ending question of, "What do I sell online?"
If you have ever experienced any challenges -- or successes! -- setting up a site that sells an eBook, go to our blog and leave us a comment telling us about them.
Click on:
http://blog.marketingtips.com/wp/ebook-success/featured-articles
... And leave us your comment at the end of the article.
We're eager to hear your stories!
Saturday, January 19, 2008
What to sell online in 2008?
Saturday, January 12, 2008
What kind of Income can I earn as an affiliate?
Well, a site with a medium amount of traffic receives a monthly referral check of hundreds. There are also web sites that earn under $100 a month (very low- traffic sites) and others as high as thousands a month (popular, high-traffic sites). There are super affiliates like Rosalind Garner who earns a whopping $500,000+ per year selling other people's products and Ewen Chia who earns his million dollars status promoting other people's products.
The amount you earn depends on the type of people that visit your site, how many visitors you receive monthly, and how much exposure you give your affiliate promotions on your site.
Sites that have links to the affiliate product in many places throughout their web sites do MUCH better than sites that have just one link. The same holds true for people who actively promote the products -- through e-mail marketing, buying classified ads, etc. Exposure is the key to the success of your campaign.
Make sure you spend some time reading the various tips and promotion ideas from your affiliate sites. You'll discover the same secrets that their top affiliates (affiliates earning tens of thousands per month) are using so that you can experience the same success. Even implementing just one of the techniques they share can literally double your monthly commission checks!
Friday, January 11, 2008
Generator Software’s Affiliate Program
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I like ....
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First and foremost, this affiliate program is managed which makes a major difference. That means if you have questions, there is someone there to answer them.
The commissions are great and what's even better is the retention. They have such a low refund and on average, when a customer buys a product from Generator Software for the first time, that same customer will typically purchase 2-3 more within the next 4 months - all of which you receive back end commissions on!
They also provide weekly training covering a wide range of topics such as generating traffic, PPC marketing, building your list, designing review sites as well as some fundamentals like the basics of building a good affiliate business.
The other major piece worth noting is the fact that it’s a 2-tier affiliate program. That means it’s possible to generate a residual income from people you refer to the affiliate program who then make sales.
Finally, if you like Generator Software products then it’s worth being an affiliate as they provide insights and advanced notice on all new products and releases.
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Things To Watch For
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As with any affiliate program, you still need to take action!
Although the Generator Software team provide lots of prewritten emails, templates and tools (and they add new material all the time), it’s still worth noting that you won’t generate any sales unless you actually use their information.
Furthermore, it’s probably in your best interest to use the pre-written material as a guideline and then tweak it to fit your own personality or writing style.
The last thing to watch for are their rules and regulations.
You can NOT purchase their products through your own affiliate link and it’s important to know that otherwise you could be removed from the affiliate program.
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Conclusion
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The Generator Software affiliate program is definitely one of the best programs to join online and it’s stood the test of time.
With 11+ years under it’s belt, it continues to grow and prove why Generator Software is one of the most recognized brands for online entrepreneurs. The products are rock solid and they sell well which are all good signs for affiliates.
For more information on this program go to:
https://generatorsoftware.com/pro/go.php?signup/423600
Monday, December 31, 2007
Turn Your Trash Into Cash With Ebay
Hone Your Business Sense
The key to being a successful seller on eBay-or any type of business, really-is selling products that people want to buy. Even the best advertisement can't move an item that nobody desires. Top-selling items on eBay include clothing, computers, MP3 players, mobile phones and sporting accessories. On top of being priced competitively, unique and rare items do better than stuff they can get just about anywhere.
Do Your Research
Not everything in the back of your wardrobe or in the dank corners of your storeroom will fetch you a nice chunk of change. Make a list of stuff you want to sell and then research these items on the site. Find out if similar items have been successfully auctioned before, and what are the price ranges. You should also read up on before you start selling.
Get A Good Rapport
eBay and other online Auction sites like Yahoo! Auctions work on trust. To establish yourself as a credible seller, you have to build a positive feedback from your community of buyers. Potential buyers will size you up before they part with money for your "exotic" art piece. Start by building your feedback rating - probably by selling unwanted items from around the house. If a dispute arises between you and your buyer, think twice before typing up a scathingly bad rating. Slinging e-mud in the form of poor ratings means little for your credential and could well backfire on you. Try to sort it offline - you're here to make money, not enemies
Have A Marketing Plan
Like any business, you need to market your product effectively. In this case, it means investing in a decent digital camera to take pictures of the items you're selling. The better your pictures, the more attractive the product looks to the prospective buyer. And just so that someone who's selling the same item can't filch your picture and pass it off as his own, watermark your pictures using a simple software like MS Windows' Paint. Marketing your product also means describing it in a straightforward and honest way. Any kind of dishonesty will invariably come back and haunt you in the form of a bad selling rating.
Outsourcing Your Work? 2 Rentacoder Secrets To Keep In Mind.
Hi,
It's inevitable that you've heard people talk about the website Rentacoder.com.
People use it all the time to outsource all kinds of programming, design and website development projects.
However, if you are thinking about using it, there are a few things you should know.
Take a look: http://internetmarketing.generatorsoftware.com/x.php?af=423600
Look for the link on the right that says "Two Rentacoder Secrets".
You'll be able to watch the whole video absolutely free.
Then, if you want access to other free trainings, I would recommend you optin to receive the subsequent videos.
Enjoy!
Take care.
PS - Click the link below to immediately watch the "Rentacoder Secrets" video:
http://internetmarketing.generatorsoftware.com/x.php?af=423600
3 Simple Business Model of 2008
Hi,
When I first saw this video about membershipsite business models, I said to myself..."It can't be that simple."
You can watch the video here: http://internetmarketing.generatorsoftware.com/x.php?af=423600
But, after watching the video again, I think it can be done. After all, Armand Morin has been doing it foryears within his own business. Anyway, this video is an interesting look at 3 simple business models for membershipsites - and they are very simple.
In this video, Armand breaks down the fundamentals of running a membership site without worrying about all the "whiz bang"tools or software. It has definitely opened my eyes to the options that we all have available to us - even if you are on a tight budget. Look for the link on the right that says "Three Membership Site Models". You'll be able to watch the whole videoabsolutely free. Then, if you want access to other freetrainings, I would recommend you optin to receive the subsequent videos.
Enjoy! Take care.
PS - Click the link below to immediately watch the video: http://internetmarketing.generatorsoftware.com/x.php?af=423600
Sunday, December 23, 2007
The Internet Marketing Relaunch
Hi,
Nothing beats watching this $15 million video.. See it yourself
