So, you have decided to start an ebook business. The question: what kind of ebook are you going to sell and how to bring it into the market?
The first thing you should know before bringing a product into the market is: SUPPLY + NO DEMAND = NO SALES. That is why you have to carefully research what people want, then find a suitable product that will meet that demand.
To do a research, visit http://inventory.overture.com/d/searchinventory/suggestion. Throw in these keywords: “Buy”, “Learn”, “How to”, and a list of popular search terms (ranked by number of searches per month) will appear. Using this information, you can determine what exactly your market wants, then decide on a suitable product to meet that demand. Other than using these tools, you can post questions in forums and ask people what they want. Very often, they will provide you with good answers.
After deciding a suitable product, only then should you decide on how it would be brought into the market.
There are 3 main ways to bring an ebook into the market:
1) Creating your own ebook
2) Being an affiliate
3) Purchasing resale rights to other people’s product.
Creating your own ebook
Creating your own ebook is not as hard as you think. It is a simple doing an intensive research on the topic you are going to write, then compile your findings into a report or an ebook and sell it at a price people are willing to pay.
In addition to writing your own material, you can use information from the public domain. Public domain information is usually written texts that have no copyright.
Creating your product using public information could be profitable when done right.
Being an affiliate to other people’s products
You can quite simply sell other peoples products as an affiliate for a share of the profits. The owner of the product gets a sale for their product that they would never have had, and you will get a check at the end of the month for selling that product on the owner’s behalf. Some product owners are willing to pay out as much as 60% of the profit. That is a healthy percentage. You can visit http://www.clickbank.com/ or http://www.associateprograms.com/ to for a huge list of affiliate programs you can join.
Purchasing resale rights
Not interested in being an affiliate or creating your own ebook? No problem... You can always find ebooks that offer resale rights that are already selling very well on the internet. You purchase the resale rights, sell the ebook, and keep 100% profits when that ebook is sold. Ebooks that come with resale rights often come bundled together with the sales letter and some marketing materials. When choosing a great product, do:
-Look for some level of exclusivity
-Look for quality sales letters
-Look for products with a wide market appeal
-Avoid products that are commonly included in packages
How To Start Your Internet Business
Starting an internet business may not be as hard as you think it is. You don’t have to be a computer whiz or a professional copywriter to start an online business. All you need is to put in a little hard work and research how others are doing it, and then do the same. Here is an example of how you can start an online business using the one page sales letter model.
The Most Important Thing You Can Do For Your Online Business: Planning
More and more people are discovering the potential to earn an income online and most of them already have or are in the process of starting one. Chances are, the competition in your business area would only grow. If you are serious about achieving success with your online business, then you need to find ways to give yourself every advantage you can get over your competitors. One strategy I can almost assure your competitors have not tried is to list down detailed plans of exactly how they want their business to succeed.
