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May 03

The Difference An Online Product Can Make to Your Income

product 300x96 The Difference An Online Product Can Make to Your IncomeThis article is about making information products – so Profiting from your knowledge and expertise through creating products… and what I’m going to show you is how I do this… fast.

Let’s look at why this subject is important…

Information products, sold online, via your website, provide another income source for your business and this is really useful for those of you who already have clients and who want to develop another income stream that doesn’t require a lot of management. What this allows you to do then is earn more money and help more people, or help people in a deeper way, than you can currently do, without you needing to be there to deliver it.

For others, who are starting out, or who are not yet earning what you want to earn, creating info products are a great way to give your clients a way to learn more about you and this can supplement the other income you make from elsewhere.

I know that a number of people are ready to create information products that can be downloaded and you can create these fast… with quality… and on a small budget.

Also, there are a number of people who have already started creating products and are coming up against… what I see as… fairly typical issues.

Other people have a stream of income which is growing, but they can see that you are just selling your time for money and in order for them to work less and earn more, you need to create products that you can sell online, so you create additional income, without using any time beyond what it takes to make and market the product.

Interestingly 45% of our business is now online and has come as a result of selling information products. Last year that figure was 21%. And the year before, it was under… 2%.

And it’s interesting to note that at the same time as selling more online, we have moved to a more automated delivery of our products and service. This has meant that I have more time to dedicate to the creative side of the business – which is where I thrive. Other benefits are that it has also helped me to balance life by having nice, long, rejuvinating, holidays and working shorter hours when it suits.

It’s also no coincidence that this year our business is growing faster than ever before.

So the benefits I’m experiencing from using information products is an increase in income, and a huge reduction in hours… and this is all because of information products.

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  • difference of product online and not online

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