Best Business Models: Create Your Own Product

1 CommentWritten by Glenna GarciaFiled Under: Internet Marketing tips

Small Reports FortuneIn our previous post on the Best Business Models for Internet Marketing, we covered the 4 main models that are ripe for making you money.  We’ll now go a little farther in depth into each model to let you know what is required of each and to give you our recommendation on where you can get help.

  1. 1.  Research – You have to find out where people are already spending their money!  Do a Google search to see if there are already quite a few products being sold in the niche you are interested in promoting.  I cannot tell you how many times I have heard from customers that are disappointed that their site has not made any money even though they have done “everything” that we told them to do…and their niche is selling plain candles.  Not so bad if you are also selling home décor – not so good all by itself!

2.  Beef up your copy writing skills – Knowing HOW to talk to your prospects is just as important (if not more) than WHAT you talk to them about.  While you do not need to be the best writer in the world, it certainly helps to have basic grammar and punctuation correct and to make the information flow.  Keep in mind –  it doesn’t need to be a 100 page report.  Sometimes it’s better to keep your information short and sweet.  Break up the information into bite sized chunks and deliver quality content.

3.  Don’t re-invent the wheel – Follow a systematic approach to creating products.  An awesome, lost cost way to do this is to follow Jimmy D Brown.  I’d like to give you a ‘sneak-peek’ at the first few pages of his actual paid course “SMALL Reports Fortune™” so that you will see how it can help you set up a system to make money!

Here is your “Sneak-Peek” into one of the best business models for Internet Marketing: Create your own product with the SMALL Reports Fortune™ course

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How To Make A Small Fortune Online With Small Reports

Hello, this is Jimmy D. Brown. Welcome to Small Reports Fortune™ where I’m going to teach you “How To Make A Small Fortune Online With Small Reports”.

We’ll talk at length about how to do this, but I want to kind of encapsulate everything into one opening statement as we begin our presentation –

The ultimate information business is finding a target audience and then convincing them to make repeated purchases from you.

An age-old marketing law is this: “it’s much easier to sell MORE to existing customers than it is to find new customers to sell to”. Your information business stands to gain serious momentum when you offer multiple, related offers to your customer base.

Instead of selling a customer a $20 ebook and then looking for the next customer, you’ll want to setup a system to offer her a $20 ebook, then a $40 product, then a $497 product and finally a $1997 offer. (These are just “generalities”, of course)

And it’s all going to build upon this foundation of creating short, 7-15 page reports.

The important thing is to get your existing customers to spend MORE money with you. Learn this: the more money each customer spends with you, the less customers you’ll need to reach $100K per year.

The idea is simple: get your target audience (subscribers + customers) to repeatedly spend money with you.

Once you have worked to secure a customer or subscriber, why not allow them to spend as much money with you as they are willing?

I’m not suggesting that you exploit your relationship with others and coerce them into purchasing sub-par products or things they don’t really have a need to buy. I’m talking about making products and services available that provide genuine usefulness to those who are in a position to buy.

There’s a big, big difference between these two statements:

“This product is going to change your business forever … it’s the best product I’ve seen in months … if you don’t buy this today, then you’re absolutely nuts … it’s what I consider to be a ‘must-have’ for anyone who’s serious!”

“If you’re ready to XYZ, then I’ve found this product to be very beneficial in my own business. I use it myself and here are the results that I’ve achieved. I highly recommend it and will even give you a free copy of XYZ if you are one of the first 50 who buy it.”

Both are attempting to get the sale. But one is full of hype and the other is reasonable.

Back to my point. You need to get your target audience to buy from you. And buy again. And again. And again.

Despite popular belief, you can do this without being a money-hungry, conscious-less, in-your-face, psychological mind-games coercer. (That’s a mouthful, huh?!)

So, that’s the backdrop of the Small Reports Fortune™ course. I’m going to teach you how to -

CHOOSE a market, CREATE small reports to sell to them and CASH-IN on your own money-making information business.

What I want to teach you to do in this series is to create small, 7-15 page reports that you sell to your list members in the $10-$20 range…and how to spiral them into premium-priced offers down the road.

You can make a “small fortune” with “small reports” – and I’m going to show you how to do it.

Here’s what it looks like 12 months from now:

You have 12 reports available for $10 each. (One per month) Customers buy the first one and, in time, buy most of the others. (Multiple customer purchases)

You put together package deals of 12 reports for $97. (Larger chunks of cash per transaction)

You launch an affiliate program for the $97 package and sell large quantities of the bundle. (Affiliates love ~$50 commission per order!)

You use your reports to launch “high ticket” offers that sell for $1,000 or more. (Skyrocket your profit!)

You make a “small fortune” with “small reports” (Yes, YOU!)

And it all begins right here.

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SMALL Reports Fortune™ is one of the courses that I’ve taken that has changed my thinking and given me a SYSTEM to follow!  The one thing that most online business people miss out on is taking consistent action…and this course will help you to focus and systematize your efforts.  Want more of a peek into what you will get?  Grab your FREE report “STEPS TO A BIG-PROFIT, S.M.A.L.L.™ REPORT BUSINESS: How To Turn 7-15 Page Small Reports Into A Six-Figure Information Empire”

To your business,

Glenna Garcia

P.S. Choose your business model and then take action.  That’s the only way to make the money you want – believe me!

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