Information marketing business is one of the
business models where you can choose the niche to work with. When I say niche,
I really mean the actual topic you want to discuss or the actual problem you
want to solve. This is the first step to
make money online. You have to choose something you are passionate about and
you can talk about it for the next 10 years without losing interest.
Never choose a topic or subject area you dislike
because some newbie information marketer chooses a topic because of the high
income expectation not for the love of the topic. Most of the people that come
online come for a purpose. Some come for information perhaps for a research,
while some come on line to search information about a product(s) and the
information given to him will lead him to make a purchasing decision.
Many Americans and some Europeans will never buy a
product without first going through the review of the products with thorough
comparison and previous buyer’s feedback. The product review, buyer’s feedback
and people’s opinion will guide that new person who is interested in purchasing
the product to make final decision on whether to buy or not to buy the product
or go for the related or similar item.
In view of this, choose a topic which you are
interested in so that you can be able to provide enough information about it
for the interested prospect. The truth of the matter is to be a go-to guy on
your niche or market so as to make consistent income any time any day.
After you might have selected the kind of market you
will be interested in, the next point of action is to determine how much you
will like to make from your online business most with the first product you
wanted to sell.
Unlike some other businesses where you find it
difficult to determine the kind of profit you can be making in the future,
online information marketing business creates a room where you can first do
your calculation of how much you are likely to make at a particular period of
time.
I will advise you to take what you are reading here
serious because it worth something which I can package and start selling it for
some reasonable amount of money.
If you take a look at the headline above it read “How
to Determine Amount of Money to Be Made from Information Marketing Business” I
only craft my headline like that to grab your attention, though I made mention
of your business but you can also determine how much money you are going to
make from your very FIRST product because Idea behind making consistent income
online is not by selling one singular product, it is by selling several related products.
I will like to buttress the above point further by
giving you the example of what happens in most of the supermarket across the
major cities. Have you ever enter a supermarket and find out that the owner is
selling a single product? If he does he will not make the expected profit of
starting a business and the business will struggle to pay its bills let alone
making excellent profits for its owner.
In an ideal supermarket store, you will see varieties
of products ranging from beverages, baby products and wears, Electronics, cosmetics,
Detergents, bathing soaps, different body creams, Hair creams, Relaxer,
Shampoo, Shoes and bags, Lady’s Wrist watches , Men’s and Lady’s wear to
mention but few.
You can see how you can make big money. It is never
by selling one product but by selling multiple different products. Go Check Jumia Online Shopping Mall or Konga Online Shopping Mall whether you will see a lonely product.
You will definitely meet thousands of different products from various famous
categories.
You can’t enter into the internet business with “hit
and run ambition”. This should be seen as a real business. I think you can now
understand why so many people CANNOT make money online or find it so difficult
to make enough and consistent earnings in their various online businesses.
If you are going into it with quick money making
concept , you are totally wrong, it is something you need to STICK to whether
you make money or you make no money. This is not chop and clean mouth business.
It is a continuous business where you provide value for your customers and
solve their problems.
If you think you are going to give up after few
weeks of no earning, it is better you don’t start this business, because this
is not get-rich-quick-business, you must vow to keep working on it under the
rain or in the sun with dedication and dogged determination. The result of your
consistency will definitely pays later.
Having a mentor will surely help you to build your online
business from grass to grace. One of the things that will help you succeed is
to follow the instructions of your mentor and follow his/her guidelines either
through its online courses, seminar or by buying his products.
Ok, enough of the advice and back to the business of
the day.
To determine how much you will like to make in your
FIRST product in the online information marketing business, You must have two
important Goals
i.
Earning Goal
ii.
Lead/List Building Goal
EARNING
GOAL – this is a goal which you can set up to determine the
amount of cash you are going to make from your first or any information product
even before creating such product.
This is where you set a target of any amount to be
made in the first place so that you can be motivated to work towards achieving
your goal. It is as simple as ABC. Let’s take for instance, you want to make
N100,000 from your first informational product.
You can set the price to say N2,500. So how many of
this product can you sell to reach your earning goal of N100,000 per month at
the rate of N2,500. Press your calculator – N100,000/N2,500 = 40 pieces
Yeah, with just 40 sales, you will reach your goal
of making N100,000
What if you sell your product for N3,500. It means
you don’t need to sell up to 40 units of your product before you reach your
income goal of N100K, Ok Let’s work it out. N100,000/3500=29. You can see how
it works; you just need to sell 29 units of your product to make N100K in a
month.
You can increase your earning goal straight away
from N100,000 to N200,000 even N300,000. Don’t be scared to set a high earning
goal because everything lies on your belief. You should refine your thought and
build a strong positive mindset. No mountain is too high to climb because if
you believe you are rich, YES you are but if you believe you are poor, YES you
are. Your faith will definitely speak for you and turns your dream to reality
or otherwise.
Just like I said about your belief, there is nothing
really hard in selling your product for N2,500 or N3500 in fact, I can tell you
from experience that it takes almost the same effort to sell any product at any
price of your choice. Just make sure you offer a quality content rich product
that justify the price you are offering so that you can build trust and sustain
a long time cordial relationship between you and your customers.
When you’ve built a long time relationship with high
reputation, you will definitely win their heart and sell your product, course
or seminar for say N5,000 or even N10,000 and your customers will rush it like
pure water.
Just assume introducing a well packaged home study
course that goes for N7,500, if you have built list of happy customers that
love you and trust, you will be amazed at how they will grab your offer while
you smile to your bank account. This is where you make cool cash and you have happy
customers ready to buy your products any time any day. Imagine selling N7,500 home
study course for 15 people that is N112,500. This can be achieved in a week or
few days.
You can also organize a seminar for your customers
who are interested in learning through your event and throw you some questions
and relate with you. You have a nice time with them and they will be happy to
attend your seminar and relate with you face to face. This is AWESOME
experience
Now I think you know how it works, you can now
determine how much money you can make with your first product in the business
of internet information marketing. You now know how many copies of your product
you can sell to hit any amount of your earning goal.
If you so enjoy this article, I urge you to keep a
date with me in the next series where I will be discussing exactly what you can do to achieve your earning goal every month.
If you have really enjoy this post, Please do me a
favour by telling me and other readers anything about your experience, your
view or opinion concerning this Info- marketing business.
If you have any question whatsoever, don’t hesitate
to hit the comment button and ask me your question and I will be here to
address all your issues.
I’m highly passionate about your success
Your friend,
Sulaiman Abdullahi
08036882653
Thanks