Most Profitable Internet Product

The easiest way to make money online is by selling a product that can be delivered electronically. There are no shipping or fulfillment costs eating away at your revenue. Electronic products are easy to produce and it is not necessary to get anything published. Another great reason for selling products electronically is that delivery is instant and free. Selling products online is completely automated or hands free. So what type of products can you sell electronically.

Selling software online is excellent because new software is always necessary. Programmers at local colleges come cheap, if you have the funds. If you do not have extra funds, cut them a profit for the first two years. You will still earn more than your expenses.

Writing an eBook is extremely easy. People are constantly looking for information. Finding a nicely packaged info packed eBook is so much easier than doing all the research yourself. These eBooks sell like hot potatoes and you do not have to worry about printing costs or editors.

Starting a newsletter on a highly popular topic will bring in a lot of people quickly. You can have these people submit articles themselves too, which will add to your website content. You just need to make sure the information they send is reputable. Later, you can offer paid subscriptions, advertising, and product promotions on your website which will drive traffic and cash.

Members only web sites offer the customer a service each month or week or day and charge them a fee. As long as you are serving your customers with intensity, you will keep them happy for a very long time. This is very labor intensive but the results are well worth it.

So, as you can see, you could offer a service on your website, such as dog walking or wedding planner, but that would mean that you would need a lot of resources, employees, expenses, etc. Selling an electronic product online is easier for someone just starting out as an entrepreneur.

Internet Marketing Introduction

Today, most people access the internet for information, products and services. All entrepreneurs have turned their attention to the World Wide Web because it reaches so many people so quickly. Sales are increased dramatically and expenses are not necessarily smaller, but different. If a company had a small shop in a rural town, they would have employees and other expenses. If this same company had an online business, they would probably not have as many employees on the clock. They may have the same amount of expenses but they would be different. There would be advertising costs, web design costs, search engine optimization costs, affiliate or joint venture costs, among others.

Nevertheless, selling products or services online has become very popular for many new entrepreneurs ranging in all ages, even as young as 15. If you run a small business online where you sell an information product, such as an eBook, you can write the eBook yourself as a guru on the topic. For example, let’s say you studied religion in college and got a PH.D in this subject. You write up an eBook explaining a drastic point of view concerning scriptures. You make sure it is information packed and very good quality. You sell it for 14.95 dollars to whoever is interested and you get their email address so you can forward them new updated info. You now have an email list so you can keep in contact with your buyers and possibly sell them other products in the future. You keep track of all your sales, you take care of customer service, and you handle everything. Guess what? You keep 100 percent of the profits.

Obviously, some companies are MUCH more complicated than that. But you get the picture; online marketing is a piece of cake. All you need is an idea and an internet marketing business plan of action. In other words, you do not need millions to start up a company on the internet. All you need is a great idea and the drive to do most of the work yourself.

An Online Newsletter

When you start an online newsletter you have the opportunity to collect opt-in email addresses to build your subscription base and establish creditability with your subscribers so that they may want to purchase products from you, a trusting source. The best part about an online newsletter is that it is free to start up. With an online newsletter you can offer your subscribers juicy daily or weekly information and they will love it. It will slowly build up their curiosity and they may purchase a monthly membership or products from you because they love receiving the information you supply. Now, if you send them junk, the complete opposite will occur, so having an online newsletter takes work, but you can always pay someone to do it for you. So, with all this work put into it should you consider charging for subscription. That depends on what you want to accomplish. Do you want to attract visitors and entice them to your main product. Or are you only offering an online newsletter with no products. How often do you send out autoresponders and how in depth and valuable is your newsletter. Is this information easily found free somewhere else on the Internet.

Free newsletters are much easier because you can get a lot of people opt-in and you can sell them a subscription in the future. Everyone loves free stuff. Occasionally, at the end of the email you may want to offer special subscriber only promotions or notify your subscribers of new products or services. You could even offer special subscriber only bonuses with a purchase.

By the way, if you send your subscribers what begins to look like sales letters, they will opt out quicker than you can say wait! Be careful because this is your potential customer crowd and it is like gold to you.