Top 5 Reasons Why Information Products is the Ultimate Business
by Martin Neumann on May 9, 2007
Getting into the spirit of another group writing project is an awesome way to meet news people and blogs - and no one does a group writing project better that fellow Aussie, Darren Rowse over at ProBlogger.
His latest group writing project is simple. Top 5. Top 5 anything! I like it. The submissions for Day One were so varied I just didn’t know where to begin. :-)
And so joining in I give you … the Top 5 Reasons Why Information Products is the Ultimate Business:
- The Barriers to Entry are Close to Zero
A computer, internet access, a website, a PayPal account and an idea. That’s all you need. The information products industry is booming and it’s all because people want information and are willing to pay for it. For the information entrepreneur starting up is so easy - almost too easy. - Worldwide Market … 365/24/7
The beauty of the internet is that it pretty much levels the playing field for all businesses - big and small. You can be the smallest of small businesses working from a corner of your garage and you can compete with the big guys … and win! It also opens up your market beyond you geographic location and into a market of millions. - Automation is the Key
The key to a successful Information products business is automation. In fact, over my years, I have never seen a business that uses automation as much as this industry does to achieve super revenue. Taken the time ti set up a system up front and just watch it work its magic. From autoresponders to instant payment and instant delivery. Gratification all round. - Passive Income
Spend a weeks writing your information product, package and get it to market. Good. The major work is done. And now you can watch it sell for years to come (obviously, how you market it comes into play). Can you imagine something that took you a free hours to create in 2007 is still selling in 2009 - that’s passive income. And while you’re getting that passive income you’ve now moved onto your latest infoproduct - eg. rinse and repeat. - Six Figures is Not as Far Away as You May Think
Imagine having 4 information products selling at $49.95 each. You’ve marketed it well. Now imagine is each product sells 500 units a year. Now do the maths. You have a six figure business. And in 3-5 years time, if you leverage off all your products and continue the “rinse and repeat” a seven figure business does not seem too far-fetched.
30 Responses to “Top 5 Reasons Why Information Products is the Ultimate Business”
By Donald Latumahina on May 11, 2007 | Reply
I completely agree. I guess more and more people will become infopreneur in the future.
By Mert on May 12, 2007 | Reply
Very nice! I am the writer of “Top 5 things to do in Istanbul” This was my first group activity, but i liked it very much.
http://meeting-continents.blogspot.com/2007/05/top-5-things-to-do-in-istanbul.html
Have you ever been to Istanbul which links east to west, and west to east like a weblink. Istanbul played such a critical role in the world politics and culture throughout the history.
Now i have a dream i would like to share with you and Darren Rowse. All the Probloggers should meet at Istanbul and join the 29th edition of the Eurasia Marathon on Sunday 28th of October, 2007.
Let’s meet where the continents meet : As the Istanbul Eurasia Marathon starts from the Anatolian side while taking the runners to the most beautiful spots of town, signing its name under a touristic attraction as well. The Bosphorus is one of the most beautiful spots on the world and as you run through it, history of the centuries run with you on the streets.
I joined the 28th Intercontinental Istanbul EurAsia Marathon on 5th of November, 2006 together with my friends, Joe and Suat San. We enjoyed the wonderful Bosphorus, and beautiful streets of Istanbul on a cold but sunny Sunday morning. The slogan for last year’s marathon was “let’s run for a non-smoking world”.
this was my blog post for last year’s marathon:
http://meeting-continents.blogspot.com/2006/12/intercontinental-eurasia-marathon.html
I would be happy to invite you to the 29th Intercontinental Istanbul Eurasia Marathon, the only marathon to run between two continents - Europe and Asia. Istanbul is one of the oldest settlements on the world. What about participating in the 29th EurAsia Marathon in 2007 which takes place in the most beautiful places of a wonderful city that has been the capital of three empires ?
You may find details about the marathon here:
http://www.istanbulmarathon.org/english/main.asp
Please let me know if you are interested.
Have a nice day!
Mert
By KCLau on May 13, 2007 | Reply
Great sharing! Most people find it hard to create information products because they don’t actually know what information they know that is sell able.
By David Finch on May 21, 2007 | Reply
Perfect timing not to mention great information. Thanks!