My first online success was with an eBook that I wrote called Secrets of a Millionaire Magician by Randy Charach. The book was about marketing and was targeted to the specific niche of professional magicians.
It made a lot of sense for me to write a book for magicians considering I was a professional magician for 20 years. In fact, one of the reasons I was successful with the eBook is because it was a subject I was passionate about. It didn't seem like work to write or promote the book since I loved the subject so much. That made everything flow quickly and smoothly.
A physical product, like a CD and Transcript set, will typically sell for ten times your cost to produce and ship the item. These profit margins are unheard of in practically any other business. Ok, back to selecting a niche which you're passionate about...
It helps if you have knowledge, experience and skill in the subject matter of your product. But as long as you have the passion it's not essential for you to be an expert in that topic and here's an example why...
I totally suck at playing Texas Holdem Poker, but at one time a few years ago I got into it, I got the itch... and I decided since I was losing money at the poker table, maybe I could make some of that money back by creating an information product on the subject.
So I simply got on the phone and interviewed some really good poker players, those same people who were cleaning my clock at the local casino.
For more information plz vist my complete articles: " Easily Create Products To Sell Online For Residual Passive Income"under Affiliate Marketing articles
It made a lot of sense for me to write a book for magicians considering I was a professional magician for 20 years. In fact, one of the reasons I was successful with the eBook is because it was a subject I was passionate about. It didn't seem like work to write or promote the book since I loved the subject so much. That made everything flow quickly and smoothly.
A physical product, like a CD and Transcript set, will typically sell for ten times your cost to produce and ship the item. These profit margins are unheard of in practically any other business. Ok, back to selecting a niche which you're passionate about...
It helps if you have knowledge, experience and skill in the subject matter of your product. But as long as you have the passion it's not essential for you to be an expert in that topic and here's an example why...
I totally suck at playing Texas Holdem Poker, but at one time a few years ago I got into it, I got the itch... and I decided since I was losing money at the poker table, maybe I could make some of that money back by creating an information product on the subject.
So I simply got on the phone and interviewed some really good poker players, those same people who were cleaning my clock at the local casino.
For more information plz vist my complete articles: " Easily Create Products To Sell Online For Residual Passive Income"under Affiliate Marketing articles
Hi,
ReplyDeleteThanks for sharing such useful information. I would like to know more about it.
Thanks
Peter
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