Information Marketing: Creating High Value Products in Limited Time
When you are short on time and money, generating a high value product to sell to a few clients is a way to generate some fast cash. The good thing is you are only limited by the quality of the product or service you provide.
As the President of the Information Marketing Association, I host a monthly coaching call for info-marketers who have questions and are trying to launch their infopreneur business. Here is a question from Nina in Las Vegas, Nevada about transforming online newsletters into a mailing. Since this is a common question, I decided to prepare an article about this challenge to help you.
Being pressed for time is a common occurrence in our day to day lives. I have a lot of people tell me, “Robert, I can’t imagine how you get all this done.” If this is how you feel about your own business, what your feeling is very normal and it will only get worse as your business grows. You will discover that there will be a lot more opportunities than you will be able to fulfill.
The first recommendation I have for those of you who have very little time to work with, is to create a product or program with a high transaction value. Rather than having a 50 dollar product that you are trying to market to 300 people, try and create a product that is somewhere between 0 and ,500 that you market to 10 or 15 people. It is much easier to make an actual difference in your life by having 10 people paying ,500 a month than it would be trying to find 500 people paying 0 a month to have the same effect on your business income.
You don’t have to worry about the price you charge for your high value product. There are a lot of service providers who make a lot less money than their clients do, but they still charge the price for their service. The only barrier to what you can charge is how much you can deliver for your customers. If you’re able to deliver 0 worth of value, even if it’s the first 0 you’ve ever gotten, that’s still 0 worth of value to your customer. There is no one who will be checking your tax return to see whether it is the only 0 or if it is one of many.
There have never been greater, more diverse, more lucrative opportunities for everyone—experienced, successful entrepreneurs to rank beginners—in the field of information marketing. If you can name a topic, there is a market for providing information about it. People buy information about almost everything—from hobbyist topics like dog training, to business topics like how to sell over the telephone, to self-improvement topics like fitness walking. The key is to find a responsive market and then package information that customers want in convenient forms such as DVD’s, books, e-books, CD’s, magazines, websites, teleseminars, webinars, coaching programs, seminars, and conferences.
Watch a free video revealing how several info-marketers created their products and became infopreneurs at www.InfoMarketingStartup.com.
Robert Skrob is president of the Information Marketing Association with members marketing products in hundreds of different business categories. The IMA offers newsletters, how-to courses, business resources, and coaching for its members. For information on how you can create an information marketing business, visit www.InfoMarketingStartup.com.
This video was prepared by the Double Deal Brand Records marketing department to introduce Idol’s Ayla Brown and the upcoming release plans to the national sales and marketing staff during the fall release meetings. Included is information about two new Ayla albums, new video and tour plans, plus interviews and live footage of Ayla backed by the legendary James Montgomery Blues Band & The Uptown Horns. Additional tour dates for this incomparable Rock & Soul Revue are being booked for summer 2010 now! ‘FAVORITE’ this video and pass it along to your friends if you want to help spread the word about Ayla’s upcoming new music! It all starts to come together!
Video Rating: 4 / 5
Find More Information Marketing Articles