A great way to make money online is to create your own information products. For you, there are lots of benefits. First of all, you can create an information product from scratch free or very cheaply. The only costs would be software or outsourcing certain tasks, but it’s completely possible to make high quality products for nothing at all. Like everything in sales, quality counts, so it is very important at the start to gain extensive knowledge of your product and spend time branding yourself as an expert before trying to sell.
Having your own product is a great way to build a passive income, and this is our number one goal in making money online. Once your product is created, published and successfully marketed, the pre-set system looks after everything. With the buying, selling and even refunding of your product automated, you do nothing more but keep earning.
The other bonus you have, is that you will be establishing yourself as an authority in your niche. Your long- term goal is to become a known expert in your field. By releasing high quality eBooks or digital courses, you brand yourself. This paves the way for future money -making endeavors.
eBooks The most common type of information product is the eBook. It’s a PDF file that can be downloaded. Like a regular book, it has a cover, table of contents, chapters and images if you would like to include them. An eBook ranges anywhere from around 30 to 100 pages.
Lots of Internet Marketers outsource their eBook creation. It can be pretty daunting to write a book yourself. Hiring a ghost writer costs a bit of money, but you can easily make it back once your eBook is selling. There are a few ways around this if you need to economise. Articles that you have written over the process of establishing yourself can be formalised into chapters. Adding new content and interviews with other experts in your niche will build into a quality eBook, and complete by including a table of contents and a cover.
Videos Another option is to make a video, and with today’s available technology this is incredibly easy. Your videos can be as simple or as complicated as you want them to be. For example, you can simply set up your PC’s camera and talk to it. There is software you can use to make Power Point presentations or slideshows. You can also use programs like Camtasia that allow you to record your screen and whatever it shows you doing. There are some great how to eBooks available if you want to get really professional.
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