How To Bring In Your First $100,000 With Infoproducts

Can you really earn a living creating and marketing ebooks, special reports, courses and other infoproducts?

Rather than just try to convince you of that fact, I figured it's better to go one step further and show you exactly how it's done.

Creating your own infoproducts, writing ebooks, building courses or membership sites are often the launch pad for becoming an information entrepreneur spinning off multiple streams of online income.

Your number may not be $100,000, it may be lower or higher, the fact is there is a way to continue to turn your knowledge into more profits quickly.

Here is an example of a typical infoproduct entrepreneur's progress toward $100,000.

Step 1. The First eBook or Infoproduct

You need to quickly launch your introductory ebook, video, audio or other information product and you need to find a way to sell it for $47-$97.

For tips on how to increase the value and price of your information product - refer to the recent article called "5 Exceptional Bonuses That Will Increase Your Online Marketing Business Results" over at: http://www.highertrustmarketing.com/articles/5bonuses.html

If you have selected your topic correctly - as outlined in my Ultimate Information Entreprenur's Success Package http://www.infoproductcreator.com , then you can expect to sell 30-60 copies per month. Let's say you sell just 50 copies per month at a price of $67 each --

50 X $67 = $3350/month or $40,200/year

Step 2. Teleseminar, Webinars or Interviews

The trick to building on your momentum is to leverage the success of your first infoproduct by conducting a series of teleseminars, webinars or interviews.

You want to produce at least 1 new audio/video product per month.

There are many teleseminar or webinar services out there that allow you to control the entire session, and will ship you the audio file with transcripts following the session.

You now have some additional income from the teleseminars and from the resulting products --

12 Teleseminars X $555 (15 ppl X $37) = $6,660

80 Product Sales/month (4 New Products X 20 sales/month) X $67 = $5360/month or $32,160/year (only calculating 6-months of sales as it will take some time to build these products)

Step 3. Related Affiliate Products

While infopreneurs are product developers and marketers of their own products first, it certainly doesn't mean that you shouldn't build a list of subscribers and market affiliate products to your list.

Based on personal experience, it is certainly possible, and quite easy to pull in an extra $500-$1,000/month with well positioned affiliate product promotions - even with a list as small as a couple thousand subscribers.

Let's be conservative and assume you run two affiliate promotions per month each bringing in $400 --

24 Affiliate Promotions X $400 = $9,600/year

Step 4. Show People The Solution - Videos

Technology has advanced to the point where you can easily produce very high quality videos from your own home office.

These videos can be tutorials showing screen shots, interviews with experts or a combination of camcorder shots with screen shots.

Now, there is tremendous money to be made in developing multimedia based products - however we will be very conservative with our estimates here, we'll assume you develop this product 6-months into your business and that it will be a $47 DVD (in reality they can often be priced much higher - depending on the topic and uniqueness of content) --

25 sales X $47 = $1175/month or $7050/6months

Step 5. Offer Services

If you have selected your market carefully, tapped into a wave of demand and offered a unique solution or system to solve a particular problem - then people will come to you looking for help beyond your product.

Offering consulting, coaching, mentoring, implementation or other services may not be your first goal, but the requests will come and you may as well prepare by pricing and marketing your services in advance.

To this day, I still fight most consulting engagements - I simply love creating products too much. But offering consulting or other services does bump up your monthly income and is a great way to stay in touch with your market - first hand.

Typical consulting rates range from $150-$300/hour. For this example, I'll assume minimal consulting at just 10-hours per month and assume your first consulting income will not be generated for the first 6-months as you build your customers and reputation.

10hours/month X $150/hour = $1,500/month or $9,000/6months

THE GRAND TOTAL

So far we have the following:

$40,200 from main product
$6,660 paid teleseminars
$32,160 additional products from recording teleseminars
$9,600 from related affiliate products
$7,050 from video/multimedia products
$9,000 from consulting and services

TOTAL $104,670

What I have outlined here is a completely reasonable, and in many cases, very conservative estimate of what you can do in your first year of becoming an infopreneur.

It's the model I followed, as have most other online marketing success stories. While the split of numbers may look different, the categories are pretty consistent.

Most important is that you select a target market and niche demand that is red-hot, in-demand and that people have proven the propensity to spend.

From there, you will find that blowing the estimates used above out of the water is a very realistic possibility.

Turn your internet marketing dreams into reality by discovering how to create your own best-selling eBooks, Special reports or books to sell online ...AND keep 100% of the profits. Limited time complimentary access to 7-Part Minicourse will get you started quickly and easily. Visit: http://www.highertrustmarketing.com/

---

My Rich Mums Ebook Secrets

As usual, I walked into the Starbucks for my morning... Read More

Use eBooks To Expand or Explode Your Business

As we discussed in an earlier article the advantages of... Read More

eBooks: With Courage and Patience, We Are Getting There

Just how do we make the "e" in e-books stand... Read More

Youve Got To Be Joking!

I don't know about you, but I get a lot... Read More

Self Publishing Era: Digital Publishing Tears Down Walls

Since the birth of publishing, authors have been forced to... Read More

20 Ways To Increase Website Traffic and eBook Sales

Here's a fast, easy list for you. Use it as... Read More

How To Find HOT, Non-Internet Marketing Topics For Your eBooks

It's so tempting to write ebooks yet again, on "How... Read More

The Bible of Marketing Ebooks

The ebook from Michael Cheney really is the bible when... Read More

Internet Marketing Online: 15 Smart Quick Ways To Profit From Ebooks

If you have an ebook, I can show you 15... Read More

Benefits of Ebooks for Your Business

No matter what type of home-based business you operate, chances... Read More

Shorten Your Journey to Book Success with Teleclasses - Part 1

Are you an author who wants your book to be... Read More

Ebook Promotion: 10 Secrets Smart Ways To Increase The Downloading Of Your Ebook

If you promote an ebook, then you must learn these... Read More

Self-Publish Your Ebooks Through ClickBank

There was a time when ebook publishing was seen as... Read More

You Really Can Make A Fortune Off Of EBooks and Software Resale Rights

When I first considered online selling, I had trouble thinking... Read More

10 Excuses for NOT Authoring an eBook!

Most people at one time or another have said to... Read More

How to Reduce Credit Card Refunds from Digital Thieves

Can you encounter the number of times where a Credit... Read More

Shorten Your Journey to Book Success with Teleclasses - Part 2

Are you an author who wants your book to be... Read More

Your e-Book - 7 Best Reasons to Create Your First e-Book

1) Speed to market - One of the biggest problems... Read More

Electronic Books And Magazines Can Be Among Your Cost Effective Servicing Tools

Electronic servicing is, as they say, a "growth industry". With... Read More

This Simple Publishing Mistake Could Be Losing You Half Your Back End Sales!

Many of the Internets biggest ebook sellers are making this... Read More

EBOOKS Are Books Too!

Electronic books ? that is books you read on the... Read More

Price your eBook to Sell Well

Q. The big question asked me in teleclasses or client... Read More

Delivering Your E-book

Much of the attraction of e-books is that they can... Read More

How eBooks Can Be Very Valuable

EBooks have a number of benefits over the traditional book.... Read More

How to Protect Your Ebooks and Software from Being Stolen!

There are many systems that can lock your software or... Read More

6 Good Reasons For Writing An eBook

Electronic books also known as ebooks for short are one... Read More

How To Rebrand Your eBook Using Active eBook Compiler

Complete all the pages for your eBook in HTML format.... Read More

An eBook Publishers Dilemma: Should I Use PDF or Exe Format?

If you write and publish eBooks, sooner or later youwill... Read More

Make Your Own E-book!

If you have a newsletter or knowledge you wish to... Read More

Top Ten eBook Mistakes and How to Correct Them

Did you know that you already have an eBook inside... Read More

Goals and Objectives in Authoring an eBook

Goals begin behaviour, consequences maintain behaviour!IntroductionIt is ESSENTIAL to set... Read More

Who Really Wrote That Ebook?

The publishing world has never been more fun, and opportunities... Read More

Profiting From Writting Your Own Ebook

As you might have heard, the Internet is all about... Read More