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7 Essential Ingredients For A Thriving Home Computer Repair Business By Peter Webber Everyone wants to work from home these days. Who wants to commute to an office and sit in a cubicle when you can be just as productive in your own home wearing what you like without having anyone Read more...
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How To Create Your Own E-commerce Site By Lewis Low E-commerce is touted as one of the most viable online business opportunities on the Web today. In comparison to traditional brick and mortar businesses, e-commerce site requires minimal start-up cost Read more...
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Make Real Money With Affiliate Programs By Lewis Low Affiliate programs are available for a whole gamut of online activities. Some are hot as pay per click advertising and others are as old as pay per sale. While you can see all businesses, big and Read more...
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Individuals or companies based on a business-related interest, inquiry, membership, subscription or purchase. B-to-B lists typically reach people at their office or workplace.
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The Blockbuster Benefits Of Selling Information On The Net By Lewis Low An entrepreneur on the Information Superhighway sells information, in fact, almost all successful online businesses sell information in some form or another. The most famous example is Bill Gates. He has become the one the richest man on Earth because he sells software, which is an information product.
So what’s the big deal in selling information products online? Let us check out some of the benefits in doing so -
1) Low Start-up Costs
In comparison to a traditional bricks and clicks business, an online requires low start up costs. For example, a franchise will set you back as much as $500,000 or more just for the rights to get started. You can start your own information for less than $1,000.
2) Low Inventory Costs
You keep little or no inventory. Most information products can be produced and compiled into electronic format. As you can see, today information products are ebooks, manuals, as well as software. You have no inventory cost except investing in some software in the first place. Compare that to a traditional publishing which might cost you thousands of dollars just for printing, labor, storage, etc.
3) Zero Shipping Costs
Do not overlook the cost of shipping in a traditional business. Just imagine how much money you might lose if the order was returned due to credit card fraud, a customer request for a refund, or product damage during the course of shipping? On the other hand, the delivery of electronic information products is safe, it is instant, and it is online. The only costs you bear are for web hosting and insignificant credit card processing
Capella University - Sponsored Link Ad - www.capella.edu Jul 4 2008 8:05PM GMT
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Capella University - Sponsored Link Ad - www.capella.edu Jul 4 2008 8:05PM GMT
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