The Ultimate Online Business Model For Power Niche Sites
First of all, welcome to the best site on how to Make Money Online!
I know just how scary it can be to create a your first website. Let's face it, the whole website creation process was NOT designed for the average, every day person. You pretty much have to either know how to code in html, javascript, php, and all those other crazy programming languages, OR pay someone thousands of dollars that does, in order to get a website up and running these days.
To be honest, most people, including myself, would not want to do that. Most people would just rule out ever making money on the internet because of this huge stumbling block.
I've got some good news for you. Now that you're part of the PowerNiche community, you'll be able to create your very own professional looking website in only a few minutes... without knowing a lick of HTML, javascript, php, etc!
All you need to know is how to click your mouse and type on your keyboard
Not only will you be able to create your own website, but over the next 6 days we'll be teaching you the exact steps on how to make money online from your website. Because we all know that a website that doesn't make money in one way or another is a waste of our valuable time and effort.
We'll be sending you one email each day for the next 6 days. Each email will contain a link that will take you to an area in PowerNiche where we'll be teaching you the next step in getting your website up and running, making money for you like clockwork.
So without further adieu , let's get started with Lesson:
"Why Selling Information Products Is The Perfect Online Business Model"
The info product business model is by far one of the most profitable ways you can build an online business, help others that could greatly use the information you have stored away... and make loads of money in the process.
You can use an ebook (electronic book) as just part of a greater online effort (such as promoting a service) or sell it on its own, and still make a hefty profit.
The trick comes in knowing what to write about; what people actually want to buy. These three things ("what to write", "how to write", and "then what") combine to make life difficult for almost anyone wanting to start their online business by selling an ebook.
The simple fact that people "don't know what to do" is the single biggest reason why there are so many ebooks being written every week and so few of them becoming profitable.
I KNOW exactly what it takes to write a book from scratch. Things are very different if you're basing the health of your entire online future on the success of your info product. Many people turn down the insanely lucrative idea of writing and selling an info product because they are afraid.
Afraid of not knowing what to write.
Afraid of not knowing how to write a book (especially those people who're not natural writers
(Trust me... I know how that feels).
Afraid of not knowing how to sell the book.
Afraid of not knowing what to do after they've created their online business.
I know how it feels. I've been through the whole process when I wrote my first ebook back in 2002. I learned through trial and error what the "master" tactics were in shaving days and weeks off your book writing time, and I learned first hand what worked and what didn't work when it came to marketing my ebook.
When it comes to marketing ebooks; I KNOW how to drive massive amounts of traffic to my sites.
So what are you waiting for? Maybe you don't think that an info product business is right for you.
Creating Value...
The first, and most obvious of reasons for creating an info product is the enormous profit margins.
Unlike a service, there are little or no recurring costs for making repeat sales of your ebook. Unlike selling products, there are no inventory costs or product costs to cut into the profits.
An info product, if written for a large and hungry market, is a goldmine because it does not cost anything to replicate. Write once, and keep on selling years later. A mini-site selling your ebook is the essence of passive income - your info product business runs on autopilot, earning you money every day without any effort from your part.
Considering that you can launch an info product business in as little as 7 days, if you hurry; or 14 days if you're new to it, that sort of time investment seems way too less for the sort of returns we're talking about. Let's say your ebook is priced at $47 and sells about 10 copies a month.
In a year, that one book will make you over five thousand dollars. If you sell 20 copies a month, you make eleven thousand dollars...
All from a 7 to 14 day process!
Now add what we will teach you about marketing your eBook, and you can take that "copies sold" number up to 50 a month (it's possible to go much higher than that in a market with decent demand, as long as you have a system in place that drives traffic to your site). That's a cool $28,000 in your account by the end of the year.
Now copy this system and implement it in a dozen different markets. 12 info products, with each info product earning you somewhere between $20,000 and $30,000 a year.
That's way more money than I care to count right now. The important thing is that this is not something I'm just making Up. It is possible, and many very successful internet marketers are doing exactly this right now.
The question is...When will YOU cash in?
Another reason to publish an info product is to supplement an already-running online business.
Suppose that you have a successful niche blog or forum that you're running, with an established reader base. You can easily write an ebook targeted towards your current market, and leverage your status as an 'authority' in the niche to generate publicity and sales for your book.
Similarly, if you run a services business, a published book (even if it is just an ebook) can simultaneously boost your credibility and add to the bottom line for you.
Now, you're not just making money off your knowledge, but you're also using it to supplement your business - people who buy your book will trust your opinion and come back to your site. What's more, your visitors and customers have more of an opportunity to refer others to your site and your book, leading to a cycle of increased profits for you.
The public relations aspect of an info product cannot be ignored. A successful info product instantly establishes you as an expert in your niche, and gives you a credible platform that you can then use to sell your services or other products.
Information, and more importantly qualified information coming from an expert, is valued more than ever today.
Building Trust
In a perfect world where you have an unlimited amount of time to create an ebook, it's possible to create and publish one in as little as 1 week. However, it's not a perfect world. You, more than likely have a day job, or at the very least, another business to take care of.
You can't just close up shop, ignore the world and do nothing else apart from writing all day long.
A 1 week system works like clockwork for experts and experienced writers, but I think it might be pushing the envelope just a bit for a newcomer to the info product business.
I'd suggest putting at least 14 days into the process. The bottom line, writing your first ebook will take some time and effort. But once you finish your eBook and start selling it, you do no more work to sell 1 copy of your eBook than you do to sell 100 copies of your eBook. It's all done on auto-pilot once you get things up and running.
That wraps up this first lesson. I hope you're starting to get excited about the limitless possibilities to make money online by creating and selling an information product in the form of an eBook.
If you're not excited yet, you should be. I personally know hundreds of people that sell eBooks online and make well over 6 figures a year online. If they can do it, there's absolutely no reason you can't either.
Especially because you have access to PowerNiche and the making money online blueprint we'll be sending you over the next 6 days.
For now, I would suggest logging into the PowerNiche site designer and start playing around with it. You'll be amazed how just how easy it is to create and publish an unlimited number of websites, completely free.
Go there and do that now, at : How To Make Money Fast Online
THEN keep your eyes peeled for tomorrow's lesson where we'll take you by the hand and show you exactly how to figure out what topic/subject you should write your eBook on, in order to make the most money as fast as possible.
Talk soon.
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