If you are a solo professional and you would like to increase your income almost immediately, you may be interested in creating your own information products business. Info products, or ebooks are a scalable business that any lone entrepreneur can easily create based upon their personal expertise. Read on to find out how you can create another stream of income to your solo business.
Information products are basically just a solution to a problem that your customer has. Your first few products will be base upon your own years of experience and expertise in a particular field. If you want to add an additional stream of income to your business without having to spend a lot of active time managing it, then info-products are the way to go.
Here are the steps you will need to follow to get your first project off the ground:
1. Find a niche with a problem and create a solution based on your own expertise. This can be a short report and you will still be able to charge a reasonable fee for the information. People just want the problem solved, not a novel for entertainment.
2. Build a one-page sales letter that you will post to the internet. These are very easy to create and only take a small amount of web creation knowledge.
3. Find a company to accept payment and process the orders for you. There are many places available on the internet.
4. Promote your new product to your customer list and collect the money.
You will not get rich with a single information product. Those days are long gone. However, you will create a little oil well that you only need to set up once and it will keep selling for your 24 hours a day all over the world. Once you have one page up and running, you can easily add additional information products that will solve a problem for another small niche of customers.
Information products are truly the perfect supplemental business for the solo professional. You do not need to add employees, inventory, or make any face-to-face sales. All you have to do is find a hungry crowd with a problem that they want solved right now. You create the answer to that problem in an easy-to-read format and then you deliver it to the hungry crowd on a silver platter. Once they become your customers, you can create variations on the same theme and keep them as customers for a long time.