In considering what to sell to make money have you ever thought about the prospect of selling information products? Without the necessity of actually posting anything, and with the possibility of creating the products yourself, selling information products is a very low cost way to start a thriving business.
To get to that point though, there are certain things that you will need to consider.
What information will you sell? The information that you provide needs to be valuable or you will struggle to ever sell more than a few copies.
If you don't feel that you have the ability to write an eBook or series of articles that will provide valuable information to your readers, then you will need to consider an alternate source for your materials.
Fortunately there are several options, such as hiring a freelance writer to put your idea into written form, or purchasing a product online with resale rights.
Think carefully about the topic of your information product when considering what to sell to make money.
If the topic isn't in an area that people are searching for you may struggle to sell many copies.
Do some research on Google and on websites such as Amazon and eBay to see if books within the same category are selling well.
Where will you sell your information? Once you have a great product to sell you will need to consider where to actually sell it.
You could create a sales page on your own website, but this would require you to drive significant amounts of traffic to it before starting to see a return, taking up a lot of your time.
You could also take advantage of internet auction websites such as eBay to sell your product, knowing that thousands of people search eBay everyday already.
How to sell your information Now that you know what to sell to make money and where to sell it, you will need to consider the finer details related to how to actually persuade prospective buyers to make a purchase from you.
Here are a few simple ideas to help you to maximise your profit: - Offer something free with your main information product.
If your product is an eBook you could consider offering a series of short articles, or perhaps another shorter eBook.
Getting something for free is likely to encourage more people to buy from you.
- Make sure your products are listed in the right category on eBay.
There is a specific Information Products subcategory in the Everything Else category that is most appropriate for eBooks.
You will need to actually post the winning bidder a physical product, such as a CD or DVD rather than send it digitally, then you can list your auctions in other categories.
- Create a website where your buyers could sign up to a newsletter, allowing you to advertise additional information products in which they might be interested.
This list of email addresses could enable you to easily make additional money, but be sure to link to your website from your eBay auctions!