Search
Recommended Products
Related Links


 

 

Informative Articles

Eight Success Tips for Your First Trade Show Display
Exhibiting in a trade show can involve a major investment of money and time. But the financial returns for your business can be excellent if you learn some of the secrets of trade show booth success before signing up for a show and investing in your...

Goodbye Carte Blanche
Dame Margot Fonteyn and her ballet buddy Rudolph Nureyev danced beyond the twilight of their careers. She finally created dreadful embarrassment on stage at Covent Garden by managing only three beats of what was meant to be a four-beat entrechat....

Network Marketing - Before Starting - Evaluate
Network Marketing - Before Starting - Evaluate There are some serious problems facing 'would-be representatives' of network marketing companies. The problems consist of an old-age idea that joining anything under 5 years old is a recipe for...

Professional Speaking - How to break into the International Market
Professional Speaking - How to break into the International Market by Frank Furness Choose your unique and specialty market. My market was initially the English speaking International Financial Services market. Over the years this has spread...

The Power of Co-Ventures & Networking
Once you combine forces with potential marketers by forming a common long-term, or short-term goal, get ready to double, or even multiply your profits without spending a penny in advertising! Here's how entrepreneurs form co-ventures to boost...

 
Google

Why Is It Important To Have Your Own Information Product On The Internet?

Imagine this, you open your email first thing in the morning and you see fifteen new orders; one from Switzerland, one from Australia, one from India, and a dozen from all over the United States. All for the product you just recently made available on the Web. It's 7 a.m., you're still sipping your first cup of coffee and only half awake, and already it's been a very profitable day. While this scenario may seem more like a dream than reality to you right now, it's entirely possible to achieve and it's much easier to do than you might imagine. Besides starting each day with a big, Cheshire Cat grin, and dollar signs floating through your mind's eye, there are numerous other benefits to having a product available on the web.

Positions you as an expert - Perception is everything on the internet and the creation of your own product results in positioning you as an expert and is a critical step in generating new business.

Builds your brand identity - Your product represents you and your business in the marketplace, and making it available on the Web is the first step toward getting your product into more hands, heads, and homes.

Reaches a global marketplace - Having a product available on the Web means that you've expanded your geographic marketplace from local neighborhoods where your product sits on a shelf, to the entire world via your website.

Creates a 24/7, passive revenue, profit machine - The Web never sleeps which means that you can literally turn your computer and website into a cash register around the clock, and many, if not all, of the processes can be automated.

Levels the playing field - In the past, the entrepreneur or small business owner was unable to compete with the larger companies which could afford to mass market products. The Web makes it possible for even the smallest of businesses to compete.

Instantly increases the


effectiveness of your sales cycle - This is especially critical for service professionals. Often a consumer will opt to purchase a product as a trial before deciding to purchase your service. Having a quality product available on the Web allows them to get to know a bit more about you and what you have to offer.

In addition to the great benefits listed above, which apply to any online product, there are several more which apply specifically to information products and make them an even more attractive choice.

Greater cost-effectiveness - Since traditional production and distribution is unnecessary, your costs are significantly reduced and your margin for profit is significantly increased.

Increase your speed to market - While it might take months or years to get a hardbound book written, edited, published, produced, and distributed to book stores, you can deliver the same content in the format of an e-book and bring it into the world in a matter of days or weeks instead.

Content can be leveraged in several formats - The same content can be presented in several different formats; as an e-book, an ecourse, a teleclass, a home-study course, and the list goes on and on.

Opportunity for bold self-expression and learning - The Web allows you to get your message to millions simultaneously while at the same time offering you the opportunity to learn in action as you challenge yourself to create something totally unique.

© 2005 Michael Port & Associates LLC



About the author:

Get more clients with Michael Port, expert marketing coach for small business owners and professional service providers. Free small business resources, networking opportunities, articles, advice and coaching on professional services marketing at http://www.michaelport.com . Receive a free chapter from 'Book Yourself Solid' at http://www.bookyourselfsolid.com