Writing AND Marketing
Tip
"The Key To
Creating Information Products That Sell"
(Even In Overcrowded, Highly-Competitive
Markets)
by Jimmy D.
Brown
I asked
Jimmy D. Brown to write a guest article because I ALWAYS
learn something useful from Jimmy.
In this case, he's
talking about what makes information sell in an age where, as you
well know, we're all inundated with too much
information. What he says here is an important
piece of what I call "the new era of
publishing."
Please read the article
and my follow-up suggestions below. I also included comments
on Jimmy's ideas in a couple of
places.
I want
you to add a new word to your business
vocabulary…
The word is
"specialization".
A new age has dawned in
information marketing. And it's the age of
"specialization".
Before I explain how this
will help you create information products that sell like
crazy, let me give you a very brief history
lesson.
(I promise, this won't
hurt a bit.
J)
Information products
online have evolved since I logged onto the Internet back in
1999...
1) THE SIMPLE
AGE.
Times were simple back
when I first came online. And so were the information
products. Way back when, information products weren't
readily available online like they are today. If you could
find ANY information on the topic you were interested in,
you grabbed it.
2) THE SYSTEMATIC
AGE.
As more and more people
learned how to create and market information products
online, a new era emerged: the "systematic" era. This was a
time when huge information products were created with
hundreds of pages. The idea was to create comprehensive
courses on a particular
topic.
3) THE SEPARATION
AGE.
As "internet marketing"
and other business-related markets became inundated with
product offerings, the birth and rapid growth of "niche
marketing" occurred. People began separating themselves from
the crowd and focused on "tiny niche topics" of
interest.
4) THE SPECIALIZATION
AGE.
Again competition
came--even in these small niches. While there is still money
to be made by focusing on these tiny, untapped markets--the
well is drying up at a fast rate. Now enters a new age ...
the "specialization" age of information
marketing.
Which brings us to the
lesson….
There is a
LOT of money to be made by creating
small, 7-15 page
reports on PRECISE
topics.
Most consumers would
rather NOT sift through 100 pages of information to find out
how to do something they are interested in, nor would they
like to pay for 100 pages of information when they only need
chapter 3. [Diane's comment: I wonder if THIS could be
one reason for the apparent demise of certain kinds of
books…?]
With more and more
products available on the market, consumers are getting
pickier and pickier. They want what they want and only what
they want.
Perhaps the biggest
untapped information gold mine lies in this concept of
creating small reports on precise
topics.
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Specialized
information.
7-15 page reports that
sell anywhere from $10-$100, depending upon the
information.
And the benefits of
writing these small reports are
staggering….
1. You can write a small
report in just a few hours of one
day.
2. The profit per page ratio
is astounding - 10 pages for $10 is a dollar per page per
customer.
3. Small reports are MUCH
easier to write than full-length
courses.
4. There is a never-ending
supply of topics for small
reports.
5. You maximize the lifetime
value of your customer. In other words, you can sell report
after report to the SAME
customer.
6. A series or collection of
your small reports can be bundled into premium-priced
courses over time.
7. When "hot topics" emerge
(almost daily!) you can quickly crank out a small report to
strike while the iron is hot.
8. When other marketers are
seeing success with their products, you can create a
complementary report to offer for sale as a
supplement.
9. Many people can't afford to
buy (or refuse to buy) high-priced courses - but virtually
anyone can whip out $10-$15.
The list could go on and
on. [Diane's note: That's one thing I love
about Jimmy—he has so many great ideas, and he really gets
my own creative juices flowing.]
I've been creating small
reports for a long time. In fact, I make over $15,000 in
PROFIT every month from just ONE of my
sites.
I know this
works.
And not just for
me.
I had a customer recently
email me to let me know he sold 420 copies of his VERY FIRST
small report, during its first
month.
So, what I want to
convince you to do is this:
***TRY IT FOR
YOURSELF****
Create a small 7-15 page
report and begin selling it online and see what kind of
results you see.
A new information age has
dawned--the age of
specialization!
Create your own "special
reports" and make your words profit your readers
and your bank
account.
Action
Step
Do you have an idea for a great
Small Report, but need some help? Check out "How
To Improve Your Information W.R.I.T.I.N.G.™" by
clicking
here. You'll learn useful tips to help you in the
writing process, so you'll be able to create information
products faster, easier and, ultimately, better—which means
you profit more from what you write, and so do your
readers.
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