Let's say you decide to create a "how-to" type product that
teaches people to cook. You can surely go to the library or
bookstore and get some ideas on layout, table of contents,
etc.
You know what?
A how-to manual is just a bunch of reports/articles put
together in a logical sequence. Do your research, look at
other books and reports, and start putting your reports
together. Remember this, it doesn't have to be hundreds of
pages to make you money. If the reader finds it useful,
he/she will be willing to pay you for it.
The great thing about short informational products
(delivered via the Internet) is that you can make a profit
even if you sell it for a few bucks. (Most of my products
are less than 20 pages in length, and sell for anywhere
form $9.95 to $39.95.)
More money is being made out there than ever before,
by individuals selling short, focused reports! And it's
growing at incredible rates.
The bottom line is...when it comes to info-products,
size
doesn't necessarily matter! Quality does!You could make just as much money with a 15-page book
as you could with a 100-page one. In fact, you can
make more with the former. I'll show you how shortly.
Profit potential aside, there are many other great reasons
to create these little ebooks...
• They are very easy to put together; it doesn't require
much work.
• They can be completed within a few weeks, a few days, and
sometimes even a few hours!
• They are really not that difficult or time consuming to
market.
• They are especially great for new marketers (with little
or no experience) and are also easy profit generators for
seasoned marketers. And...
• Most importantly, they allow you to spread your risk.
You see, it all boils down to time and money i.e. time
management and positive cash flow.
Time is a very precious commodity, especially if you still
have a 9 to 5 job to deal with. And, we already know that
all of our projects will not be home runs. In fact, there's
a good chance that a few of them will be complete flops.
That's the reality most of us have to deal with.
So, if you invest a lot of time and energy into creating a
monster ebook that turns out to be a dud, you would have
lost all the time and energy you put into that project,
with nothing to show for it.
On the other hand, if you had spent only a couple of weeks
to create a much shorter ebook which also turned out to be
a dud, you could quickly pull that one out and replace it
with another short one. Your risks are dramatically reduced
and your chances of putting out a winner is increased!
It's better to create 10 little ebooks per year and have 2
of them flop (which means 8 of them are bringing in the
cash!) than to only create one or two big ebooks in that
same year and risk having them both flop. There is also a
much better chance that 1 of your products will be a hot
seller if you have 10 of them out there, instead of just
one or two.
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Now, let's look at profit potential...
If each one of these 8 books bring in $1000 per month for
you, the profits can add up quickly. If your goal is to
pull in $100,000 in the coming year, you have a much better
chance of getting there with 8 to 10 small ebooks bringing
in $1000 per month each, instead of relying on just one big
ebook alone to pull in the entire $100,000.
And...even if you pull in just a few hundred per month from
each of the 8 books, that's still a heck of a lot better
than what most people are making online.
Here are a few more ways you can ensure that you profit
from these short ebooks, well into the future...
• You can offer each one as a backend (followup) product
for the other.
• You can bundle them up later and sell them as a brand new
package, with a different price tag.
• You can use some of them (especially if they don't sell
too well on their own) as bonuses for your other products,
to increase the perceived value of the 'package.'
• You can also use some of them purely as list builders.
(Give them away for free, swap them with other marketers,
or whatever. The fact that it only took you a week or two
to create them offers you a lot more options and
flexibility.)
And, if you're still passionate about creating that monster
ebook, why not break it up into smaller projects and start
selling each one as they get completed?
For example, if you want to create the "complete" cook book,
you could start by creating a small ebook on just low carb
recipe' and start selling it. Then, create another on 'sweet
desert' and get that one out as well. And so on...
In the end, you can bundle them up together, or combine
them into one mega book and sell it. Your time is much
better spent that way. And...you also have some cash coming
in while you work on your projects.
Many of us continue to chase after that one million dollar
idea and miss many of the smaller $100,000 projects along
the way.
These smaller products are much easier to create, are much
easier to roll out, don't require a large investment of
your time, energy or money, and they greatly reduce your
risks.
They are also probably the fastest way to get your name out
there and build credibility for yourself and your business.
You can really do some serious damage with these mini
ebooks, as long as you provide valuable information in
them.
After your product is done, head on down to www.adobe.com
and use their trial system to turn your document into Adobe
Acrobat format. This is the most commonly used format on
the Internet and caters for both PC and Mac users.
Warmest regards,
Patric Chan
Founder Of 5-Step System To
Make Money Online
http://www.SellingOnlineSecrets.com
P.S: I've created a niche product, set the webpage up
and within 24 hours of the 'launch', I made a sale in
less than 24 hours. How did I do it? See:
http://www.onlinenichesecrets.com--
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