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An Introduction To The Information Marketing Business
What is Information Marketing?
Information Marketing is the creation, promotion and sale of information-based products that are created once and sold many times.
Information Marketing is about identifying a responsive and hungry market or group of people who have a high interest in a particular topic or topic with a strong need for information; packaging an information product in an appropriate format–with the purpose of educating this group of people–and creating ways and means of selling and delivering the products.
Why Start an Information Marketing Business?
What is in it for you when you start an information marketing business? And why should you choose this business over many other business models? There are surprising answers to these questions.
• Profit is more than work
In the Information Marketing business world, you do the work once and get paid many times because the marketing system set-up generates money for you on auto-pilot.
• Easy to learn and operate
Information marketers do not need to have talent, skills or any unique gift to start (But having these skills will make the job easier for you because it reduces the time it takes to learn them). You also determine the amount of time you spend running the business.
• Establish your credibility faster
Your subscribers will always buy more from you if you provide them with quality products. They will be interested in buying other products from you (after buying the first time) once you establish your credibility–by providing quality products–on the subject of your choice.
Benefits of Marketing Information
The benefits of running an information marketing business are many. If you are about to give up on the idea that this is not for you, consider the benefits that this business has such as:
• Flexibility
Everything you need to start an information marketing business can be learned in a few months–or weeks if the resources are available–and you can start making money after six months.
• Low start-up costs
The start up cost is relatively low. You don’t have to be a millionaire before you start an information marketing business nor do you have to be a petroleum tycoon. Because inventory costs are low or no costs at all, you can make more money selling more products with your information.
• Huge Earning Potential
You can make hundreds of dollars doing this business alone. An example is the Information Marketing Organization which has a large database of trusted info-marketers. The general rule of thumb is the more money you invest in the business, the more you will get out of it.
• You can work from Home
One of the interesting things about this business is that it can be operated from your home as long as you have a computer and internet connection. The freedom it provides gives you more time to spend with your family and loved ones.
What is Required for Running an Information Marketing Business?
To run an Info-Marketing business, you must have the necessary skills – or learn them – to operate it successfully. There are many skills you can learn when starting out. I’ve outlined some of the things you need to get started.
• Ideas or expert knowledge
If you have knowledge or have expert skills in a particular subject or topic, it is likely that other people are also interested in that topic. This opens up an avenue for you to make quick money on your subject of interest. But if you don’t have experience or knowledge, fear not! All you have to do is identify the problems that people have. Do research on how to solve the problem and package the solution in an appropriate format and offer it to them.
• Video/audio program and/or Word processor
You will need a word processor program such as Microsoft Word (preferably) or notepad to type your documents. You will also need a software to record your audio files or videos if you choose to offer the video and audio equivalent of your products.
• Portable documents format converter
The best–and most popular–format for eBooks today is the portable document format. It is the most widely used format for eBooks on the internet. Many information marketers have had success using this. You must follow. There are paid and free versions available on the internet. You can choose between free or paid options depending on your budget.
• FTP program
You should use an ftp program to upload your files and documents to the internet. You can download free ftp programs on the net. Try searching through Google and choose the one you like. But if you want payment, you can get it from internet too.
• Download page
This is where people download your products after they pay for them. This can be on a website you created or a third party website that offers you bandwidth and space to upload your files.
How to Earn from Information Marketing
There are so many ways to make money from information marketing especially now that readers read more content on the internet and turn to cyberspace when they need information on anything.
That’s why information marketing offers an interesting business opportunity for writers and non-writers alike.
You can make a lot of money as an Information Marketer if you are very creative.
• Videos
You can offer videos to those who don’t have time to read or don’t want to read. Offering your information in this form will attract potential customers who want information in the form of videos.
• eBooks and reports
You can make money online selling information in the form of eBooks and reports. If you can’t write, you have the option of hiring a freelance writer to write it for you–with your instructions–or buy the right private label products and rewrite them.
• Membership sites
You can set up a membership site that offers monthly fresh content to subscribers and charge them a monthly recurring fee or a one-time fee (the latter is more expensive than the former).
• Downloadable audio and mp3
You can also offer your information products in downloadable audio or mp3 format for easy download after payment. This gives your readers instant gratification and they will thank you for it.
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