How To Bring In Your First $100,000 With Infoproducts


Can you really earn a living creating and marketing ebooks, special reports, courses and other infoproducts?

Rather than just try to convince you of that fact, I figuredit's better to go one step further and show you exactly howit's done.

Creating your own infoproducts, writing ebooks, building courses or membership sites are often the launch pad for becoming an information entrepreneur spinning off multiplestreams of online income.

Your number may not be $100,000, it may be lower or higher,the fact is there is a way to continue to turn your knowledgeinto more profits quickly.

Here is an example of a typical infoproduct entrepreneur's progress toward $100,000.

Step 1. The First eBook or Infoproduct

You need to quickly launch your introductory ebook, video,audio or other information product and you need to find away to sell it for $47-$97.

For tips on how to increase the value and price of your information product - refer to the recent article called"5 Exceptional Bonuses That Will Increase Your Online Marketing Business Results" over at:http://www.highertrustmarketing.com/articles/5bonuses.html

If you have selected your topic correctly - as outlined in my Ultimate Information Entreprenur's Success Package http://www.infoproductcreator.com , then you can expect to sell 30-60 copies per month. Let's say you sell just50 copies per month at a price of $67 each --

50 X $67 = $3350/month or $40,200/year

Step 2. Teleseminar, Webinars or Interviews

The trick to building on your momentum is to leverage thesuccess of your first infoproduct by conducting a series ofteleseminars, webinars or interviews.

You want to produce at least 1 new audio/video product permonth.

There are many teleseminar or webinar services out there that allow you to control the entire session, and will shipyou the audio file with transcripts following the session.

You now have some additional income from the teleseminarsand from the resulting products --

12 Teleseminars X $555 (15 ppl X $37) = $6,660

80 Product Sales/month (4 New Products X 20 sales/month) X $67 = $5360/month or $32,160/year (only calculating 6-months of salesas it will take some time to build these products)

Step 3. Related Affiliate Products

While infopreneurs are product developers and marketers of theirown products first, it certainly doesn't mean that you shouldn'tbuild a list of subscribers and market affiliate products to your list.

Based on personal experience, it is certainly possible, and quiteeasy to pull in an extra $500-$1,000/month with well positionedaffiliate product promotions - even with a list as small as a couple thousand subscribers.

Let's be conservative and assume you run two affiliate promotionsper month each bringing in $400 --

24 Affiliate Promotions X $400 = $9,600/year

Step 4. Show People The Solution - Videos

Technology has advanced to the point where you can easily producevery high quality videos from your own home office.

These videos can be tutorials showing screen shots, interviewswith experts or a combination of camcorder shots with screenshots.

Now, there is tremendous money to be made in developing multimediabased products - however we will be very conservative with our estimates here, we'll assume you develop this product 6-months into your business and that it will be a $47 DVD (in reality theycan often be priced much higher - depending on the topic and uniqueness of content) --

25 sales X $47 = $1175/month or $7050/6months

Step 5. Offer Services

If you have selected your market carefully, tapped into a waveof demand and offered a unique solution or system to solve a particular problem - then people will come to you looking forhelp beyond your product.

Offering consulting, coaching, mentoring, implementation or otherservices may not be your first goal, but the requests will come and you may as well prepare by pricing and marketing your servicesin advance.

To this day, I still fight most consulting engagements - I simply love creating products too much. But offering consulting or otherservices does bump up your monthly income and is a great way to stay in touch with your market - first hand.

Typical consulting rates range from $150-$300/hour. For this example, I'll assume minimal consulting at just 10-hours per month and assume your first consulting income will not begenerated for the first 6-months as you build your customersand reputation.

10hours/month X $150/hour = $1,500/month or $9,000/6months

THE GRAND TOTAL

So far we have the following:

$40,200 from main product
$6,660 paid teleseminars
$32,160 additional products from recording teleseminars
$9,600 from related affiliate products
$7,050 from video/multimedia products
$9,000 from consulting and services

TOTAL $104,670

What I have outlined here is a completely reasonable, and in manycases, very conservative estimate of what you can do in your firstyear of becoming an infopreneur.

It's the model I followed, as have most other online marketing successstories. While the split of numbers may look different, the categoriesare pretty consistent.

Most important is that you select a target market and niche demandthat is red-hot, in-demand and that people have proven the propensityto spend.

From there, you will find that blowing the estimates used above outof the water is a very realistic possibility.


More Resources

Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exiting

More E-Books Information:

Related Articles


Price your eBook to Sell Well
Q. The big question asked me in teleclasses or client sessions is "How should I price my eBook?A.
How To Bring In Your First $100,000 With Infoproducts
Can you really earn a living creating and marketing ebooks, special reports, courses and other infoproducts?Rather than just try to convince you of that fact, I figuredit's better to go one step further and show you exactly howit's done.Creating your own infoproducts, writing ebooks, building courses or membership sites are often the launch pad for becoming an information entrepreneur spinning off multiplestreams of online income.
Why The Future Will Always Be Digital Products
Everywhere you go on the Internet, you will find some type of "digitalproduct" on any website. What are "digital products?" Digital productsare any products that you buy and then download to your computeror print to paper.
Ebook Farming- A Definitive Guide to Your Ebook Creation (Ebook Review)
Why would you want to buy a book on writing Ebooks? There seem to be a multitude of freebies on this topic as well as tons of free content available on the web. Well I have found an ebook on this topic, that you definitely want to study and keep.
7 Secrets to Explode your eBook Sales! Part 7
Secret #7: How to create a mountain of sales usingmultiple Royalty Publishers!Aho!Are you making this mistake in your eBook business?You submit your sales page to search engines. Then you submit your eBook to a few eBook directories.
Electronic Books And Magazines Can Be Among Your Cost Effective Servicing Tools
Electronic servicing is, as they say, a "growth industry". With many new electronic products and equipments reaching the market, there is a large demand for electronic repair technicians.
Why eBooks Are The Most Overlooked Path To Online Prosperity
The ebook revolution is here! The Internet now makes it possible to come up with an idea, turn it into an ebook, distribute it over the Internet, and start making money - allin 30 days or less. In the offline world, 30 days wouldn't typically even be long enough to start getting rejection lettersback from publishers.
The Kolbrin - Ancient Warnings of Modern Threats
The Kolbrin is a substantial Biblical-era wisdom text of immense value to comparative religion scholars, space threat researchers and philosophers. The earliest books of this ancient manuscript were written following the Hebrew Exodus from Egypt.
Use eBooks To Expand or Explode Your Business
As we discussed in an earlier article the advantages of an eBook in conjunction with your web site are many.You can use the eBook you produce to build your credibility in your area of expertise.
Stop Trying To Sell Your eBooks
Throughout the Internet there are many people who have written ebooks, are writing ebooks or have produced other information products such as reports. No doubt, each writer wants to sell them.
How to Harness the Power of Ebooks for the Benefit of Your Website!
Ebooks can be a powerful tool when it comes to promoting and profiting from your website. To be able to benefit from ebooks, it is important to know how to use them to their full potential.
E-book Security Anxiety
You are not alone. Tons of people are nervous that their e-book will be stolen and put on the black market (hmm, or the cyber black market, I guess you'd call it).
How To Get Your Article or Ebook Started Fast... Time Saving Tips To Get Your Writing Moving..
As we have all heard time and again (and it's very, very true), writing articles for ezines/newsletters and ebooks is a greatway to increase your exposure, brand your name, establishyourself as a Subject Matter Expert (SME), increase your subscriber/optin base and ultimately, increase that so-longedfor amount of cash in your bank account.For some people writing comes easy, others have gone to school and studied how to write.
How to Write Your First Ebook
Writing your first ebook may seem like a daunting task. But like many projects, it won't seem so bad when it's broken down into manageable chunks.
Write Your eBook - 6 Great Ways to Find the Time
Busy! Busy! Busy!What's new? And who isn't busy?The majority of eBook authors are part-time writers. There are very few professional writers making their living writing non-fiction eBooks.
Neighborhood Mobile Watch Program
Setting up a Neighborhood Mobile Watch Program in your community can deter crime, raise property values and help your community feel safe and secure. Part of the success of a Neighborhood Watch Program is proper public relations.
Selling Books and E-Books Online
For many authors the thought of getting professionally published is little more than a dream. That was until the advent of the internet started threatening the very existence of publishers.
Shorten Your Journey to Book Success with Teleclasses - Part 2
Are you an author who wants your book to be a success? Have you read books, but still need some handholding on how best to promote your book? Are local seminars on book marketing and promotion just not available to you?Something wonderful has happened with our flattening world. We can now give and attend seminars over the phone.
6 Good Reasons For Writing An eBook
Electronic books also known as ebooks for short are one of thehottest properties on the Internet. The benefits of writingan ebook are enormous.
Top Ten eBook Mistakes and How to Correct Them (Part 2)
Did you know that you already have an eBook inside you? And, like your coach, you can earn thousands of dollars each month? Even if you are a non-techie like me, you can write your ebook at the same time you write your print book. Or, solve your readers' problems using other articles and reports already in your files.