Three Types of Profitable Information Products You can Sell to Make Money Online
Internet has become a great place to find information in the past five years and will continue to be a popular place for information searching. Every day over 100 millions of people in the world using search engines, directories and other free online tools to search for the information and resources they needed for their life, work, business, health, hobby, etc. So the demands for information are extremely huge. Because of this huge demands, more and more people have come up with their own information products to profit online.
Today, Selling information products has become one of the booming markets in Internet. The market is competitive and it will be hard to make money if you sell the same information other people offer. You need to be different. The key is to offer valuable hard to find information at a reasonable price.
There are numerous types of information products you can sell online and in my opinion the 3 most profitable information products are:
- E-books
- Reports
- Digital Video
Some of the advantages of e-books are that they are not expensive to develop, high profit margin and no inventory to carry as they are in digital format. You can find all sorts of e-books on the net. Topics rank from art to health and from health to travel. E-books that teach people to do something (how to e-book) sell well usually.
The first step to creating an e-book is to come up with a topic or subject. Think about your area of expertise, hobbies, interests, experience and background and you may come up with a subject you want to write. There are two options in creating content for your e-book. You can either write it yourself or hire a freelance writer to do the work for you.
E-book generally in PDf format because it is widely accepted and Mac users can use it. You'll need Adobe PDF to format your e-book into PDf and it will cost you money to use Adobe's software. But Dirk Dupon is willing to do it free for you at http://www.ebooks-made-easy.com/create.htm.
Reports
Reports are similar to e-books but they are shorter (10 pages to 50 pages usually) and easier to create. But the downside is you can only sell report at price between $1 and $20 depending on what sort of information you are offering. Writing the content for a report is far simple than writing an e-book. Some of the ideas to creating reports are
- Interview someone who is an expert and write down the conversation between you and the expert in a report.
- If you run a blog. You can pick some of the best blog posts in your archive and combine them to come up with a report.
Today, most people are using high speed Internet connection to surf the net. With high speed Internet connection, users can gain access smoothly to large files like digital videos. It is not very difficult to create a digital videos product and the selling price you can charge for digital videos product is higher than most downloadable products.
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