|
|
Defining a Long-Term Investment in the Stock Market
Defining a long-term investment in the stock market.
For some “long term” would mean holding a stock position over the weekend. For others, it may mean holding a security for at least 1 year for the purpose of declaring a long-term capital...
How eBooks Can Be Used As An Online Business
Times are hard today! Though the economic data would indicate otherwise, we are now facing a world economic problem of such massive problems that could result in a large economic downturn. In many countries we have massive property bubble that is...
How to Make Money Online Selling Other People's Stuff By Anthony Pepi
There are many ways to make money on the internet, but the method that I use is selling other people’s stuff online!
The way in which I go about doing this is I DO NOT promote my affiliation link (eg. ...
How To Use Database Marketing To Skyrocket Your Online Profits
Database Marketing is the gathering and storing of specific information about your prospects or customers. This information is usually stored in a database program on your computer. You would then use the information to market and advertise to...
One In A Million - Make Your Site Stand Out
First of all, I would like to congratulate all of you for taking interest in the world of internet business!
The idea of doing business over the internet is growing year by year, and is currently the second most popular form of consumer...
|
|
|
|
|
|
|
|
The Problem With E-Books
One of the most popular online ventures is selling e-books. People are hungry for information; that’s why they’re on the Web in the first place. And e-books are cheap to produce and distribute.
However, I’ve come across quite a few new online entrepreneurs thinking they’re going to strike it rich selling a $20 or $30 e-book. They’ve failed to do some simple math.
Suppose you sell an e-book for $30. Deduct $5 off your $30 sell price to account for advertising and other costs. That leaves you with $25. You’d have to sell 1,000 copies a year to make $25,000. That’s a lot of copies! Even if you did sell that many, 25 grand isn’t exactly going to put you on Easy Street.
Another factor is competition. Many e-books with resell rights have also be purchased by hundreds, possibly thousands, of competitors.And if you’re selling an e-book as an affiliate, you’re usually limited to 50% or less of the sell price.
The key to making large amounts of money selling information products is that you need resell rights for at least one higher priced item.
Say you have duplication rights to a product that sells for $400. If you sold just 6 copies of this product a month, you’d be pulling in $2,400 in sales. That’s $28,800 a year. If you sold 12 a month, you’d make $57,600 a year. Sell 24 a month and you’re raking in $115,200 a year.
/>
“Wait a second” you say. “What about my costs to duplicate, package and ship the product?”
Here’s the beauty of the information marketing business: people pay for the value of the information, not the physical medium on which it’s delivered (e.g. paper, audiotape, videotape, CD etc.)
It’s dirt cheap to duplicate information products. It’s easy to duplicate a CD-ROM on your computer and blank CDs are less than a dollar each.
I have an info product that I sell for $397. To duplicate, package and ship it via UPS, costs me $60. Subtract $50 for advertising. That still leaves me with $287. That’s a huge profit margin.
So instead of concentrating all of your marketing efforts on low priced info products, be sure that you have one or two higher priced items that you’re actively promoting.
Use e-books as a stepping stone to upsell customers. Once they’ve purchased a product from you, you’ve established a relationship with them. Someone who’s already down business with you is five times more likely to buy than someone who hasn’t.
Dave Coyne is a copywriter, marketing consultant and president of DC Infobiz. Get his FREE REPORT on how to start your own Information Marketing Business at home. Send an email with REF006 in the subject line to dcinfobiz@GetResponse.com
|
|
|
|
|
Amazon.com: Online Shopping for Electronics, Apparel, Computers ... |
Online shopping from the earth's biggest selection of books, magazines, music, DVDs, videos, electronics, computers, software, apparel & accessories, shoes, ... |
www.amazon.com |
  |
Amazon.com Books: New & used textbooks, biographies, children's ... |
Online shopping for millions of new & used books on thousands of topics at everyday low prices. |
www.amazon.com |
  |
Google Book Search |
Google digitizes many books from library collections. If an Old English edition, translation, or study is out of print or hard to locate, one can search for ... |
books.google.com |
  |
Books - The New York Times Book Review |
Reviews, features, author interviews and book excerpts from the national daily and the Sunday book review. Registration required. |
www.nytimes.com |
  |
The Online Books Page |
Features over 10000 online books free to the public. |
onlinebooks.library.upenn.edu |
  |
Barnes & Noble.com - Books, Used & Out of Print, Textbooks ... |
Barnes & Noble.com is the Web's premier destination for Books, DVD, Music, PC & Video Games, Children's titles, Toys & Games, Gift Cards, and more. |
www.barnesandnoble.com |
  |
The Online Books Page |
Listing over 25000 free books on the Web - Updated December 5, 2006 ... New on online books -- Google Library revs up, and other milestones -- Latest Book ... |
digital.library.upenn.edu |
  |
Amazon.co.uk: low prices in Electronics, Books, Music, DVDs & more |
UK branch of the online bookseller features large searchable selection of books. |
www.amazon.co.uk |
  |
AbeBooks: New & Used Books, Textbooks, Rare & Out of Print Books |
Abebooks - Over 80 million new, used, and rare books. |
www.abebooks.com |
  |
Guardian Unlimited Books |
Extensive site includes news and reviews, critics, authors, first chapters, Top 10s, bestsellers, talk board and games. Offers special sections by genre and ... |
books.guardian.co.uk |
  |
Books - Salon |
The literary section of Salon features book reviews, interviews, columnists and publishing news. |
dir.salon.com |
  |
Globe and Mail: Book News |
Presents book reviews and columnist along with best-seller lists and Book Briefs emailed newsletter. Canada. |
www.theglobeandmail.com |
  |
calendarlive.com - BOOKS & TALKS |
Reviews, features and event listings from the West Coast daily newspaper. |
www.calendarlive.com |
  |
Book - Wikipedia, the free encyclopedia |
A book is also a literary work or a main division of such a work. ... Books, especially heavy ones, need the support of surrounding volumes to maintain ... |
en.wikipedia.org |
  |
Books - reviews and literary news from The Times and The Sunday Times |
Book reviews, literary news, literary competitions, weblogs, book quizzes and literature features from The Times and The Sunday Times. |
www.timesonline.co.uk |
  |
Book World - washingtonpost.com |
The Sunday book review of the national daily newspaper features criticism, columns and an online book club. |
www.washingtonpost.com |
  |
Internet Public Library: Books |
Books. Rather than continuing to maintain its own index of online texts, the IPL is now pleased to recommend a number of other worthwhile resources for this ... |
www.ipl.org |
  |
oreilly.com -- Welcome to O'Reilly Media, Inc. |
O'Reilly Media spreads the knowledge of innovators through its books, online services, magazines, and conferences. Since 1978, O'Reilly has been a ... |
www.oreilly.com |
  |
SF Gate: Entertainment: Books |
Chronicle reviewers pick the best books of the season for the readers on ... Jessica Mitford's children recall the woman they called Decca in a new book. ... |
www.sfgate.com |
  |
Life - Entertainment News - USATODAY.com |
The latest in entertainment news with movie, TV, book, music and theater reviews, travel tips and tools and original content from USATODAY.com - updated ... |
www.usatoday.com |
  |
|