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Amazing Tips For Creating Profitable Information Products! Part 2

submitted: Feb 4th 2008 | by: SteveBeck | Total views: 8 | Word Count: 473 | PDF View | Print Article

In Part I, I told you why electronic information found online is better than a book from a bookstore. New business owners are surprised to discover how easy it is to sell information products - it's an extraordinary way to make money online! In this article, I'll give you five tips to help you generate profitable info products.

Tip 1: Think of what your customer is giving, and what he is getting in return.

Your customer is making a trade, his money for your knowledge. Make it easy by offering your customers something truly special. E-books on making money are always popular, and many customers are willing to pay $47 for an e-book that explains how to make $4700, save $4700, or keep $4700 more of their income away from the tax-man.

Your customer would probably trade $47 for information which clearly explains how to do something, saving them two days of frustration. On the other hand, they probably don't want to spend $47 on cute stories about my children or recipes for chicken. Offer them something of value - give them a real deal!

Tip 2: Clearly Explain the Benefits of Your Product

Will the information in your product:

earn more money from home

perform tasks faster and more efficiently

save people time?

save people pain (physical, emotional or financial)?

If you can include one or more of these angles in an information product, you will have a real winner on your hands!

Tip 3: Break It Down For Them

If you have a 150 page ebook, consider breaking it up into three 50 page ebooks. Everyone likes to get more value and it feels more satisfying to get three different ebooks rather than one fat one. It feels like you are getting more for your money.

Tip 4: Make the Purchase a "No-Brainer" - Add Bonus Material!

After you create an information product, go out an find about 5 to 6 related products that you can offer as bonuses. If I am buying a $47 ebook and you offer me $500 in downloadable bonuses, it makes the buying decision very easy. I recommend downloadable bonuses because they are easy to deliver and don't cost you anything. This is also a good excuse to get their email for your owner's list - you need their email to deliver their bonuses.

Tip 5: Don't Forget Your Early Clients!

Online business owners are like cows many times. We always think the grass is greener on the other side of the fence. We are always looking for NEW customers when our best customers are the ones that have already demonstrated their loyalty by buying our product!

So, start with a niche. Ask that niche what they want. And then start creating information products that satisfy the itch they are ALREADY telling you they have. It is a blast and you will achieve expert status in your niche in no time at all!

About the Author

Stephen Beck teaches 7 simple repeatable steps to beginning a Christian Home Based Business. For a free CD explaining those steps, go to Start Home Business immediately.


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