SUBMIT 2.0

In the very lucrative world of marketing products on the internet there are essentially 2 types of products. The first is what we call “Physical Products” & the second is “Digital/Informational Products”. You can make a fantastic income with both of these & also some are great for fast money making though I personally believe there are some advantages to selling the informational products.

Lets look at a few differences between physical & information products

Physical Products - These are what we call tangible products like shoes, dvd’s, golf clubs etc. After you have received your online order then there is alot of work involved in the handling & shipping process. The shipping is handled by a courier to the consumer & refunds/returns can become a headache as well.In some cases you will also have to hold stock turning your house or garage into a warehouse.

Informational Products - Info products are ideal as the content is converted into a digital form & is downloaded onto the consumers computer.People can order these products online from anywhere in the world at anytime of the day & receive them within minutes, so fast money making is possible with this method. This proves more popular as we live in a society today of instant gratification.

10 Benefits To Owning Info Products

1) No costly manufacturing, warehousing or shipping.

2) Very high profit margins, in alot of cases 100%.

3) Digital products can be re sold over & over again with no additional costs involved.

4) Selling of digital information products online can become autopilot, therefore you have no need to employ anyone else.

5) Your digital product can also be made easily into an audio format which will increase sales & make it possible for fast money making.

6) The info products you personally sell can be used as a library of information to personally educate yourself on that subject.

7) Some of the info products allow you to change the authors name to your own, making you an expert in your field.

The content from some ebooks allow you to take it for your own use on your blog or for writing articles etc.

9) You can choose your own price when marketing informational products, choose your own income with an opportunity for some fast money making.

10) A lot of ebooks can be used to give away for free & help you build a list with a squeeze page of regular buyers.This will give you a guaranteed long term income as your list builds to 1,000s.

Here’s an income example of the differences

Let’s say for example that you write a book & find yourself a publisher who will print, then ship & sell it in the physical sense.Then you get a 10% royalty of a book that sells for $20.If 20,000 copies were sold you would receive $2 x 20,00 = $40,000.

If you convert your book into a digital book (ebook) & sell the same amount of copies online, then your income would be $20 x 20,000 = $400,000. Less your advertising expenses, which even if they cost you $1,000s then the difference in income is huge. This means that fast money making is possible for those that take consistent action with their advertising & marketing efforts.

Source: ezinearticles

Filed under: Internet Marketing