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Information: the ultimate digital product!


Information is a fantastic product that lends itself to being sold on the internet possibly better than any of the other products that I have covered or am going to cover. It is also much easier to produce without any special skills or knowledge of complicated software or programming. You don’t have to be some kind of computer genius to produce a great information product. For this reason I am actually going to spend more time on the concept of information-selling as an “e-business” than any of the rest of these “e-products”. It has so many operational advantages (these we will be covering later) and it is what most people are on the internet looking for anyway. Hansen and Allen in their book, The One Minute Millionaire, call this selling of information over the internet “info-preneuring”. It is a word hybrid of the words information and entrepreneur, in case you were wondering. Simply put, you market and sell information over the internet.

The web is full of fantastic information which is the primary reason most of us surf the internet. Many folks do research on the internet with the terrific access to almost any kind of information you can think of. There are online libraries giving us access to entire data bases of information without ever having to leave our homes. Many lawyers are doing much of their research work online with the help of legal information sites like Lexis Nexis.

There are hundreds of thousands of fantastic recipes for great dishes websites like the Food Network’s (foodtv.com) where you can even print recipes that are already the perfect size for a recipe box! There are great online tutorials and how-to’s providing instruction and tips on the most popular software, web design tips, or other things.

The internet has also completely revolutionized the news. Whether conservative or liberal, no one denies that the likes of Matt Drudge and his Drudge Report (drudgereport.com) have completely changed the way we get our news today. Mr. Drudge actually writes very few of the articles featured on his web site. He simply finds the articles from other journalistic sources and creates his own “headlines” on his site, linking to the article in its original source. How clever is that? Drudge is free to run his business from absolutely anywhere in the world with internet access! He runs around in jeans and a polo. Is this freedom or what?

Many individuals now have a news site or sports site set as their default home page so that it pops up when they open up their browser at work in the morning. Now they don’t have to pick up a newspaper on the way in to work every morning! There are thousands of blogs people turn to everyday as their source of information. The old “Big Three” networks are a dying breed as people turn to 24 hour cable and the internet for much of their “news” these days. The internet and the digital age our rapidly changing the way we get information by the minute!

The ultimate information to sell on the web: The e-book!

There is one form of information in particular that I believe is a very powerful and effective way to make money on the web. It is an e- book. I have devoted a good section of our book (which, if you haven’t already noticed, is an e-book itself) to this very topic. The possibilities are limitless for those who choose to this ebusiness model. Even though we cover e-books much more thoroughly in "How Ordinary People Make Extraordinary Money Online!", I do want to lightly touch on a few of the the major advantages of e-books over other types of information based or other types of online business while we are currently on the subject.

The e-book is probably the most versatile, the easiest to set up, the most trouble free, and one of the least expensive products to sell online. Your e-book can be about absolutely anything at all! It can be about what YOU care about (although it will definitely be easier to sell to others if they are interest in the subject of your book as well). No complicated databases need to be set up, and no special skills in software or programming are needed to complete your unique e-book. Once you have finished writing your book and have made it available on the web (I’ll be telling you how to do this), it is finished and you don’t necessarily ever have to tamper with it again. You should be able to invest all of your precious time in marketing and promoting your new book rather than keep working on it. The most beautiful thing of all is … IT COST YOU ABSOLUTELY NOTHING TO PRODUCE! Sure you’ll spend some time on it, but other than that it doesn’t have to cost you a penny, really. Keep all of this in mind as we work on your online business together.

These are just a few examples of the endless possibilities of true “e-businesses” that really get the most out of their “e”! I guarantee you that there are countless more that have not even be thought of yet. Something that is really fun is to sit down with a Yellow Pages and go page to page thinking how a product or service could be offered more effectively electronically. Of course there may not be a way to electronically deliver a hot pizza or dry cleaning ( …yet ), but see how clever you can be. Maybe you can simply eliminate a costly step with the internet even for these folks. Think broadly! The next big “e-business” concept could be yours

 

 

 
 

 

Read our book "How Ordinary People Make Extraordinary Money Online" to find out how this kind online business and lifestyle of true freedom can become possible for you! You don't want to miss out on the insights laid out in this amazing book!