Info Product Creation -business With Intangible Products
You have done the market research and have reached at a conclusion about your niche. There are many ways to do business in the particular niche. Before you create a product, you must ponder upon the requirements of successful sales process and other requirements for the particular product a while.
This is important part of your business plan.
It is far easier to do a business in intangible products than tangible products . There are far more complexities involved in business of tangible products. Moreover, there is disproportionately high investment and maintenance costs when you compare them with intangible products business.
For your business, which will be maintained and grown by you alone, at least for initial few years, doing a, online home business in intangible products is the ultimate solution.
You require lesser input and efforts and you can yield high profits in a short time span.
Therefore, you must plan your business that deals in intangible product selling in your particular niche.
What constitutes the intangible products?
Intangible products is the term used for products for which no physical delivery is required. They can be digitally downloaded after the sale is made.
All digital products are intangible products. All can be sold automatically once the system is in place. Then the customer will read your sales copy, click on the order button which takes him to the payment processor site. There, the customer he will make a payment. You will be notified of the sale made and customer will be sent a protected download link.
The customer downloads the product and that is it.
There is no active intervention on your part. But this happens only when you have a system in place.
In intangible products, you can create ebook, audio files, video files, mp3 files, softwares and web based services. There are many web based service that you can choose to do business in. Here are few examples to stimulate your mind.
-Pay for subscriber/lead services
- Pay for website traffic/visitor services
- Website submission or promotion services
- Website monitoring services
- Website translation services
- Website hosting services
- Remote script hosting services
- Content provider services
- Article writing or distribution services
- List management services
- Providing custom plans
- Personal financial management services
- Membership Sites
- Consultation Services
- Ghostwriting
- Email/Autoresponder Services
And so on.
Each of them would need different sets of tools and resources. Investment also would vary for different types of products because of different tools and resources needed.
As for as products are concerned, you can make a choice. The same information can be put on CD and ebook. But technical knowhow are different. Start with one you are very comfortable and then move on to next.
In case you want to provide services, go ahead and do it. But develop your plan accordingly.
Arun Pal Singh is an internet marketer and web author. You can join his website http://www.homeforprofits.com as a member to download ebooks, softwares, audios, website building material, traffic strategies and training videos that would help you to start and grow your business and get ahead of your competition.Visit http://www.homeforprofits.com for more details.
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