How To Become Rich Selling Information Products
By Fabian Tan
One of my favorite (scratch that, make it my favorite) business models for creating income on the Internet is the information products model. You get amazingly high profit margins (there's no inventory to hold, and you ran run this business without employees), you can work from anywhere in the world that has an Internet connection, and you can set up your business so that it runs on total autopilot.
So you want to get rich selling information products? The great news is that it does not require much capital to get started - anyone can get started in this business for less than a hundred dollars. But the "bad" news is, there is SOME work involved! You might not like it, but you're going to have to work for your success. There's no two ways about it.
Here are the tools you need for an information products business:
1. A word processor
2. A pdf converter to create your information product (you can convert documents into pdf format for free at Adobe's website)
3. A website for selling your information product (includes a domain name and hosting)
4. A payment processor
And that's pretty much the main tools you'll need. Two of the best places for getting domain names at value-for-money prices are Namecheap.com and Name.com. For hosting, I recommend Vexxhost or HostGator.
A payment processor can be totally free. Paypal is an amazing user-friendly solution that is easy to setup and collect payments with. Plus, Paypal is a trusted solution worldwide.
Once everything is set up, all that's left is to market your website! The best online marketing strategies are: pay per click advertising, forum marketing, article posting (to article directories) and ezine advertising (an awesome resource is Directory Of Ezines).
Fabian Tan is the author of the free 51-Page Report:
"Murder Your Job: How To Build Cash Sucking Autopilot Businesses In 30 Days Or Less!"
Head over to http://www.MurderYourJob.com to get your free copy now before it's gone!
Article Source: [http://EzineArticles.com/?How-To-Become-Rich-Selling-Information-Products&id=887756] How To Become Rich Selling Information Products
About Me
- OKOCHA NKEM
- Okocha Nkem studied Business Administration and Management. She is the managing director of Novine Koncept Ventures. A member of Successful Entrepreneur’s Network, by Success Attitude Development Centre (a non-governmental organization, whose mission is to "raise and nurture entrepreneurs whose success in business is driven by the fear of God, a burning desire to care for their families and an unquenchable thirst to do good in their communities) founded by Dr Sunny Obazu Ojeagbase, owner of Success Digest Extra. She is passionate about Youth development and Nation Building; she is dynamically focused and strongly believes in Nigeria and has a passion for entrepreneurship.
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