This is the easiest way to start earning money online, since you don't need to have your own product and you don't need to have a website.
Dear entrepreneur, One of the things that is difficult for most people who want to start an Internet business is getting a product to sell.
This is somewhat challenging. You want to start making money online, but… what are you going to sell?
The best thing you can sell on the Internet is a digital product or service, that is, it can be delivered over the Internet.
Among the digital product options that you can sell are ebooks that, as the name implies, are nothing more than electronic books.
Surely you have heard more than once that anyone can write and publish their own ebook to sell it on the Internet.
This deviates a little from reality. Although it is relatively easy for some people to sit in front of their monitor and write hundreds of pages on some subject, for most of us it is practically impossible to do so. At least not without a good guide.
But do not worry. There are several options to get a product to sell on the Internet and you do not necessarily have to write it yourself.
There are several ways to get a digital product to sell and next I will name the most common:
- You can sell other people's products You can acquire the rights to a product You can create your own product
Let's start by describing the first one.
1. You can sell other people's products
This is done through affiliate programs of people who already have their own product. With this they allow you to sell it and earn commissions for each sale made through your promotions.
All you have to do is send prospects (visits) to the website of the product in question through a special link that they give you when you sign up for their affiliate program.
With this, each visit that comes through your link is recognized as yours and if you make a purchase, the commission is credited to you.
This is the easiest way to start earning money online, since you don't need to have your own product and you don't need to have a website (although it is recommended).
The owner of the product is in charge of completing sales, making payments, following up on the prospect, crediting your commission, delivering the product, technical service, etc.
The commissions you can receive are between 30 and 50% of the sale value of the product.
2. You can acquire the rights to a product
There are different types of product rights that can be purchased and are known by different names.
Basically I can summarize them into reprint rights, resale rights and master resale rights.
- Reprint Rights are generally granted to free products and allow you to use the product and the information it contains to distribute it freely. An example of a Reprint Rights product is my ebook - Stop! No More Spam - which you can download for free. Resale Rights are different. These rights allow you to sell the product from your website and keep all the profits. You practically become the owner of the product.
These rights can cost a lot of money and depends on the product in question. The common thing is that they cost about 10 or 15 times the sale value of the product. In other words, if a product sells for $ 10, it is highly likely that resell rights will cost you around $ 100 - $ 150. But like everything in this world, there are exceptions depending on several factors. Obviously not all products offer resell rights, but if you are really interested in a product, what I recommend is that you contact the owner and make him an offer. If you get the price, it is very likely that it will give you the rights!
- The Master Resale Rights are those that in addition to allowing you to sell the product on which you acquired the rights, also allow you to sell the resale rights. That is, if you buy the master resale rights on an ebook you can sell it directly from your website and also sell the resale rights to other people so that they can also sell the ebook from their website.
3. You can create your own product
The third way in which you can acquire a digital product to sell is the most obvious of all. Create your own product.
It sounds really obvious, but that doesn't mean it's an easy task. You must follow a plan to accomplish this task.
What type of digital product should you create?
This depends solely on you. There are many options and you need to create something that goes with you. Something you really like.
The easiest thing is to create an ebook, manual or special report about a topic that is in your domain and that may interest other people, both, and to pay for that information.
There are many topics of interest on which you can build to create your product.
Some of them are:
- HEALTH: This is a great area that can cover many topics such as exercise, diet, healthy food, special care, home remedies, etc. You don't need to be a doctor to create a health product MONEY: Everyone is trying to make more money. If you can figure out how to offer a way for your customers to improve their financial situation and earn more money, surely your product will be a winner. MUSIC: There are fans for all kinds of music and groups. If you are an expert in any of these topics, you can surely create a product. FINANCES: Here you can create a product focused on credits, mortgages, investments, etc. Anything that allows you to save or generate money will be well received by your future clients.You can create a special report with the latest tricks and traps for fashion video games, whether for the computer, playstation, gamecube, etc. MANY other topics that surely you, with your creativity, can imagine.
It is very important to emphasize that the product that you are going to create has to be a very good one, because otherwise you will waste your time.
The first thing you have to do is put yourself in the place of your potential customers and think about what you would like to receive. This is a key aspect in the development of your product.
You have to create your product just as you would like to buy it.
If someone were selling your product to you, what information would you like them to have? What functions? That features? What format? What presentation? etc.
By answering these questions you can create a product that will surely be a best seller.
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