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How
to Avoid All The Pain of Product Development And
Still Make Big Money
Online
By
Terry Dean
If
you've been online for any amount of time, then
you've probably heard the best way to make money
online is through your own information
product.
It's all
true. Having your own information product you've
created enables you to be unique in the
marketplace. No one else will have a product
just like yours.
Your own
product will also allow you to sign up
affiliates to promote and generate traffic for
you. By providing them with a good percentage of
the income, you can have thousands of visitors
sent to you everyday for free. You don't pay
until you profit.
Whenever you
do your own promotions, you keep 100% of the
money from the sale...instead of having to split
it with someone.
Wouldn't it
be nice to have other people promoting for you
for a change instead of you doing all the
promotion?
Wouldn't it
be nice to be selling your own product where you
keep 100% of the money instead of only getting
10% to 50% of the money as an
affiliate?
Sure, it is.
Having your own information product allows you
do this and more, but there is only one
problem.
Having your
own product requires you to:
-
Research your market to find out what they
want. - Work to develop the product (by
writing, audio-taping, etc.) - Write powerful
order producing web copy. - Create
promotional sales pieces and emails.
A
lot of people starting out can't do the above or
don't have the confidence yet to do it. So what
are they to do?
They can do
what I did in the beginning...buy rights to
someone else's hot selling products.
I
didn't get started online as a product
developer. I was working as a pizza delivery
driver for Little Caesar's! I didn't have any
confidence or faith in myself to create my own
product. That was way beyond what I felt I could
do.
I
had to take baby steps to that point. I started
my business by purchasing reprint rights to a
CD. Reprint rights give you the ability to sell
someone else's product with proven sales pieces
and keep all the money.
Once you've
purchased the product, you have the right to
duplicate it and sell it yourself.
I
started selling this CD online...made some
money...and then purchased reprint rights to
other products.
This enabled
me to earn multiple streams of income from the
same group of customers. They'd buy one product
and then purchase the 2nd and 3rd one from me. I
kept 100% of the money from all of them (besides
the low cost duplication expenses).
It
was exciting. People were sending me checks and
credit card orders everyday. For an Indiana boy
who never earned much money in my life, this was
heaven.
Within 6
months I was earning a full-time income
online.
I
couldn't believe it, but it was reality. So I
spent the next 2 years collecting rights to
other products and continually selling them
online.
I
didn't develop my own product until after I had
been full-time in my Internet business for two
years. By that time I had developed my opt-in
email list, my traffic generating methods, and
some copywriting skills. So I began teaching
everything I learned about Internet marketing up
to that point.
Having my
own products took me to a new level of income,
but I still got my start and my first income
online with reprint rights.
If
I can do it, you can do it too.
There are
hundreds of products which have reprint rights
available...and many of them could be your first
start. There are even monthly membership sites
dedicated to providing new rights packages every
month such as:
http://ebookwholesaler.net
The
biggest key is to find something that hasn't
been sold to death online in every single ezine
and newsletter. There are a few packages I've
seen that have been sold so much (10,000 or more
rights owners) that their conversion numbers are
completely destroyed.
This may
take a little more effort and may cost a little
more money (most $17 rights packages have
thousands of people selling them already), but
it's worth it to keep your eye out for good
packages.
Even today,
with my own products and services, I still buy
rights to give me additional streams of income.
You'll find that many of the top marketers do
the same, because you can never have too many
income streams.
How
do you sell these products you own rights
to?
Simple. You
do it the same way you would if it was your own
product. You place ezine ads, run Pay-per-click
search engine advertising, submit articles, etc.
You should even consider starting an affiliate
program and working on joint ventures.
While you're
doing that, you concentrate on building your
opt-in email list by giving away a freebie
offer. You then use your list to promote your
first product and any additional products you
have available.
Reprint
rights don't guarantee you an
income...especially if you just sit on them. But
they can be a viable business if you're willing
to follow the same marketing strategies and
techniques I lay out for you every
month.
Terry Dean's
Brand New Fr-e eBook, "10 Quick and Easy Ways to
Increase Profits to ANY Web Site Overnight!"
Reveals More Time Tested Proven Internet
Marketing Secrets Than 99% of the Paid Products
Available...Showing You Step-By-Step How to
Increase Your Traffic, Drop Your Expenses, and
Drive Your Profits Through the Roof: http://www.bizpromo.com
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