In my first article, I shared why you must create information products instead of books sold in a bookstore. Since this is new to many business owners, info products appear to be an extraordinary way to make money online. Today, I want to give you the most amazing tips for creating information products.
Tip 1: Think of the trade your customers are making.
Your customer is making a trade, his money for your knowledge. Make it easy by offering your customers something truly special. E-books on making money are always popular, and many customers are willing to pay $47 for an e-book that explains how to make $4700, save $4700, or keep $4700 more of their income away from the tax-man.
I will also trade $47 for information that saves me 2 days learning how to do something. That is a no-brainer! I am less likely to trade $47 for cute stories, recipes or how to sew my own clothes. Get the picture? Make the trade very easy for your customer!
Tip 2: Try to include one or more of these angles in any information product.
How will your information product benefit your customers? Tell them how it will help them to:
earn more money from home
save people money?
use their time wisely
save people pain (physical, emotional or financial)?
By telling them how your product will solve their problems, you will boost sales and keep your customers coming back for more information from you, the expert!
Tip 3: Break your long ebook into parts.
If you have a 150 page ebook, consider breaking it up into three 50 page ebooks. Everyone likes to get more value and it feels more satisfying to get three different ebooks rather than one fat one. It feels like you are getting more for your money.
Tip 4: Make the Purchase a “No-Brainer” – Add Bonus Material!
OK, so you have an information product ready. Now go out and look for a few similar products that you can offer as bonuses. Now your customer is getting a $47 e-book plus $500 in bonuses which he can download and read at his leisure. These bonuses don’t cost you anything, and they are easily delivered. Plus, you gather even more email addresses for your growing list – after all, you need their email to send them the bonus material!
Tip 5: Sell first to those who have already bought from you.
Online business owners are like cows many times. We always think the grass is greener on the other side of the fence. We are always looking for NEW customers when our best customers are the ones that have already demonstrated their loyalty by buying our product!
Your existing customers are part of your niche. Go ahead, ask them what they want. You’ll be surprised at the answers, and they will feel honored that you took the time to ask. Once you know, start to create products that fill their needs, the needs that they identified themselves. In no time, you’ll be the expert in your field!
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