| There are many types of information products. | | | | local training seminars. |
| It's important to know that you can take one | | | | Seminars: Seminars are usually conducted in |
| product and transform it into multiple information | | | | person. If you love public speaking, you should |
| products. For example, you could write a 30-50 | | | | consider hosting seminars. Once you've created |
| page document and create an eBook. Next, you | | | | your content, you could rent hotel "banquet |
| could read it aloud and record it onto a cd, or | | | | rooms" and provide training. You would charge a |
| MP3. | | | | cover cost for attendance. And you could sell |
| You could also take that same information and | | | | additional products and services to your |
| create a video, a seminar, an email training series, | | | | attendees. It's important to know that webinars |
| a special report or just about anything else. Listed | | | | are becoming quite popular. Therefore, you could |
| below are some of the different types of | | | | host your seminar online, in a webinar format. |
| information products. All are easy to create. | | | | Books: If you enjoy writing, you could write a |
| Some are more profitable than others.eBooks: An | | | | book and self publish it. The reason I don't |
| eBook is simply a digital book that can be | | | | recommend traditional publishing is because your |
| downloaded onto someone's computer. To create | | | | chances of getting published are slim. In addition, it |
| an eBook, you type a Microsoft Word document | | | | could take a couple years to get your book |
| and convert it into a PDF document. Most eBooks | | | | published. And traditional book publishing isn't all |
| are between 40-60 pages. Once you have a | | | | that profitable. You might get $1 per book sale. |
| finished eBook, you can create your own cover | | | | Therefore, I believe you should self publish your |
| or have someone else do it. Finally, you can sell | | | | own book. That way, you control the process. |
| your eBook on your website. When customers | | | | And, you will make $5-$10 profit per book, or |
| make a purchase, they are given a special | | | | more. |
| download link. It's that simple! | | | | Special Reports: These are one of my favorite |
| CDs / DVDs: If you are interested in creating cds | | | | formats for information products. A special report |
| or DVD's, you can make a nice profit. To get | | | | is usually a 5-20 page document. It's very specific |
| started, you could take your finished eBook and | | | | information. For example, you could create a |
| read it aloud. While you are reading, you can | | | | report about how to lose 10lbs in 10 days. Once |
| record your message on a digitial voice recorder. | | | | you typed up the information, you would convert |
| Once you are finished recording, you can edit the | | | | it to PDF format and sell it on your website. Most |
| recording with editing software. Once you have a | | | | successful infopreneurs give away free reports |
| final product, you can have cd's printed by finding | | | | on their website, in exchange for the visitors |
| a service online. Or you could simply burn cds on | | | | name, email and contact information. |
| your computer when someone places an order. | | | | Websites: This is another great option. If you are |
| DVDs work the same way. It's important to | | | | proficient at creating websites, you could sell |
| know that cds and dvds have a huge markup. | | | | "pre-packaged" websites to different industries. |
| Your manufacturing cost should be between | | | | You could also help people create their own |
| $1-$2 each. You should sell the items for 10 to 20 | | | | websites (for a fee of course). You could also |
| times the manufacturing cost. | | | | write eBooks or reports about how to create a |
| Training Courses: Training Courses are a great | | | | website. |
| way to make extra money in this industry. Start | | | | In summary, there are many types of |
| by picking a topic and then creating your material. | | | | information products. In my opinion, it's always |
| I recommend creating a manual first. Once you've | | | | best to start with an eBook because you can |
| created your material, you can convert it into | | | | convert it into many other formats. The secret |
| multiple formats. For instance, you can teach the | | | | to success is to start with one format until you |
| information in a webinar. You could charge $10 to | | | | have a quality product that people want to |
| attend the webinar. You could also sell the manual | | | | purchase. Once your product starts selling, you |
| on your website as an "eBook" or special report. | | | | should create other formats. |
| Finally, if you enjoy public speaking, you could host | | | | |