Today I am going to teach you how to make money from information products on the internet. There are several ways, but first you need to know what an information product is.
Information products are intangible forms of products that inform the end user. Information products can come in the form of eBooks, video tutorials, audio teleconferences and software. It is basically any piece of information that comes in digital form. If you plan on marketing information on the internet, you will need to make sure you deliver your information in one of these formats.
So how do you make money from information? There are several ways you can make money selling information; however I believe there are three main ways. The three main ways you can make money marketing information on the internet are as follows
1. Being a website owner or product owner
2. Being an affiliate
3. Being an advertiser or advertising broker
Here’s an example of making money as a product owner or someone who runs a website selling information products. Let’s take this example; you are someone who has owned several dogs & puppies. You have had to deal with several difficulties with your pets messing up your house until you stumbled across a solution. The problem you had was with potty training your dog. How many people do you know who have this problem and are looking for a solution, my guess is several, however to be sure, you will have to do your own research.
To do your research go to http:freekeywords.wordtracker.com, this website will tell you the amount of people that have searched for the keyword ”how to potty train your puppies” over the last month. Now that you know there is a market for it, you write what the solution to this problem is and how to solve it. You put this on your website for your customer to download after payment. This is how you make money as a product owner; all the profits are yours to keep.
To make money as an affiliate, you will need to know what an affiliate is or what consist of affiliate marketing. Affiliate marketing is the promotion of products by third parties in exchange for a commission or cut of the sale. You only get paid when you have referred a customer to the product owner in example one who has made a purchase. There are several affiliate merchant site on the internet you can join e.g. ClickBank, PayDotCom & commission junction. Some of them market physical products as well as information products. Since our topic is ” making money online with information”, we are going to go with ClickBank, which is the largest information product merchant online.
Once you have registered, you are given a website link where you can send visitors to. You can then market this link to your contact list & every other way you can. Commission is usually 50% or more on ClickBank, so typically for a $50 product, you will earn $25.
Being an advertiser, you can make money on the web if you have a website or blog that’s attracting a lot of traffic to it. So if you had a blog that talked about all aspects of dog training, you would contact our product owner in example 1 who would be more than willing to buy advertising spots from you if your sites are attracting a lot of visitors. Even if no one was interested in buying an ad from you, you can partner with Google to sell your advertising spot for you. You register for what we call the ” Google AdSense program”. This is a system where Google places adverts on your webpage and you are paid a percentage for anyone that clicks on the ad placed on your website.