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

Home
>
E-Book
>
How To Bring In Your First $100,000 With Infoproducts

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 figured it's better to go one step further and show you exactly how it'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 multiple streams 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 knowledge into 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 a way 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 just 50 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 the success of your first infoproduct by conducting a series of teleseminars, webinars or interviews.

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

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

You now have some additional income from the teleseminars and 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 sales as it will take some time to build these products)

Step 3. Related Affiliate Products

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

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

Let's be conservative and assume you run two affiliate promotions per 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 produce very high quality videos from your own home office.

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

Now, there is tremendous money to be made in developing multimedia based 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 they can 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 wave of demand and offered a unique solution or system to solve a particular problem - then people will come to you looking for help beyond your product.

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

To this day, I still fight most consulting engagements - I simply love creating products too much. But offering consulting or other services 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 be generated for the first 6-months as you build your customers and 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 many cases, very conservative estimate of what you can do in your first year of becoming an infopreneur.

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

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

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

Turn your internet marketing dreams into reality by discovering how to create your own best-selling eBooks, Special reports or books to sell online ...AND keep 100% of the profits. Limited time complimentary access to 7-Part Minicourse will get you started quickly and easily. Visit: http://www.highertrustmarketing.com/

In The News:

The Ethics of E-Book Piracy
mediabistro.com, NY - 6 hours ago
Unfortunately, these out-of-print novels were published by a Neanderthal Publishing company who hasn't made any of the books available in ebook format, ...

T+D
Purchase Electronic and Audio Books?
T+D, VA - 12 hours ago
Amazon Kindle is an electronic-paper display on which to view e-books. Its wireless capability allows users to shop the Kindle Store—an online e-bookstore ...

DS RECEIVES E-BOOK TREATMENT WITH CLASSICS EDITION
DS-x2, Netherlands - 10 hours ago
A collection of classic books will be bundled for Boxing Day release in the UK. The Harper Collins supported e-book will see you hold the DS "book-wise" ...

Amazon Gobbles Used Book E-Tailer
January magazine - 5 hours ago
On a day when the stock market was bleeding, Amazon announced that it had acquired the Canada-based used book e-tailer, AbeBooks. ...
Amazon finalizes purchase of BC's AbeBooks Canada.com
all 12 news articles

What The Dickens? An Ebook Reader For The DS!
Kotaku.com, NY - 5 hours ago
... from many iPods there are already several ways of reading ebooks on the Nintendo DS - but they are all homebrew efforts and not strictly on the level. ...
Nintendo Promoting Literacy With 100 Classic Book Collection For DS 1UP.com
all 3 news articles

E-Books Have a Future in iTunes
Christian Science Monitor, MA - Nov 26, 2008
This initiative, however, is in addition to dramatically increasing offerings for the Kindle, which he credits for igniting new excitement in e-books. ...

Big Apple Wallcovering, Inc. Launches E-Commerce Web Site as Part ...
SYS-CON Media, NJ - 13 hours ago
... that its wholly owned subsidiary, Big Apple Wallcovering Inc., has launched its new e-commerce Web site as part of its "No More Books(R)" campaign. ...

New York Times
A Media Mogul With Relentless Moxie
New York Times, United States - 22 hours ago
More Articles in Books » A version of this article appeared in print on December 1, 2008, on page C1 of the New York edition.

Ars Technica
As holiday season closes in, e-books exploding in popularity
Ars Technica, MA - Nov 28, 2008
One of those trends is the growth of e-books, popularized by the Amazon Kindle and aided by the already-established popularity of Apple's iPhone. ...

High-tech gadgets are hot holiday gifts -- and for this early ...
The Times-Picayune - NOLA.com, LA - 10 hours ago
But if e-books (and a few RSS feeds) are your bag, the Reader is a less-expensive option, and some users prefer its look and feel to the Kindle's. ...

e books - Google News

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

E-Book E-Book