Posts Tagged ‘internet business’

Become an Overnight Infopreneur

The internet is the first place to turn when you need information on virtually anything.  There is more information on more subjects on the internet than in every other source combined. You can find answers online faster than at the library and faster than at the book store.

With all that free information, why do people pay for information?

If you are searching for some quick fact, search the internet and you will probably find what you are looking for.  If you want comprehensive information presented in a structured format, you will do better with a book or some other form of training.

Information marketing has become a very significant part of internet business.  More people are willing to spend money online than ever.  Because people see the internet as a research tool, information marketing is a logical business for the internet.

What information products work on the internet?

Virtually any topic is a good fit for an internet information product.  Best results come with more exciting products, but that is true regardless of where and how you market.  Write a book on human cloning and it will outsell a book on cloning frogs.  The real objective is to choose a format that is great for your topic.  Choose multiple formats and you will do even better.

Do interviews and record them in video.  Include the video on DVD, the audio on CD, the printed book, and maybe throw in a workbook as a free bonus.  Sell the bundle for more money than you could get for the book.

What if I don’t have a book, CD, or anything else to sell?

You can create and market your own products or you can market someone else’s products.  There are also public domain books that you can use as your own.  Search for electronic downloads of “Think and Grow Rich” or “The Science of Getting Rich”.  These are free to use.  Update them and publish them as a revised edition.  Create add-on information to supplement the book and sell it as a bundle.  You can also purchase books that you are allowed to put your name on it and modify it as you wish.  These are called “Private Label Rights” (PLR) products.

Marketing Techniques

There are dozens of sales techniques.  Step 1 is to create a sales page that really encourages someone to purchase your book right now.  Offer free bonuses, time limited discounts, or other incentives.  Create scarcity and urgency in your sales page.

Promote your sales page everywhere.  Promote it in newsletters, web pages, craigslist, or with joint ventures.  Get your ad in front of as many people as possible and have your ad send them to your sales page.

I have just completed a book on this topic called “Become an Overnight Infopreneur”.  If you are interested in knowing more about this topic, visit www.anythinginternet.com and request a copy through the contact us form.   I am giving away copies for a limited time.

Earning Trust in a Suspicious Market

When the first entrepreneurs began their online businesses, they all were relying on the same advantage.  The advantage was that a small company and a big company look the same online.  You can put up a website and have just as much success as a large competitor.  The Internet was the great equalizer.  Ah, those were the good old days.

The rules have changed.  Internet shoppers can usually tell the difference between a small operation and a major Internet business.   The “big boys” are easy to spot.  They have built up reputations with their customers.  People trust Amazon.com, Buy.com, and so on.   These companies were born as Internet companies, but they have successfully earned the trust of millions.

Smaller Internet companies still have outstanding opportunities to succeed online.  The amount of money spent online is still exploding year after year.   Even though there are fantastic opportunities ahead, the trends are moving towards the established sellers.  Smaller companies have to work much harder to earn the trust of their customers.

Here is why:

  • Identity theft
  • Spammers
  • Online Fraud and Scams
  • Phishing Sites
  • Selection
  • Price
  • DOA Websites

The central theme to most of those reasons is “trust”.  Customers need to know they are doing business with a credible company.  Okay, now that we know the who, what, and why … what can we do about that?

Earning the trust of a stranger requires a strategy based on your own products, services, and industry.  There are a few general ideas that can help you get started with building trust:

  • Testimonials
  • Big Guarantees
  • Photos and Videos of staff and/or customers
  • Free offers
  • Trial offers
  • Bonus gifts and limited time offers
  • An 800 number

Once your customer places an order and everything goes smoothly, that customer will trust you.  Then you can sell them something else, hopefully something more expensive.  As you continue to build trust, you will be able to sell them more stuff.  You will also start to get referrals from your customers and a referred customer is almost as good as a repeat customer.

The key is to do everything possible to earn enough trust to create that first sale.   Your first sale might not make you much money, if any, but it is important because it helps you build trust and that is how you earn your next sale.

Your success depends on your subsequent sales.   So many companies will fight hard for that first sale but fail at creating repeat customers.

Do you:

  • Have a follow-up marketing plan?
  • Have more products, services, or options to sell?
  • Have a newsletter?

Remember, it was nearly impossible to generate that first sale.  Your success depends on generating subsequent sales to the customers who have learned to trust you.