Ever heard of the phrase 'information empire' on your online travels? Maybe you were looking for ways to make money online and heard of it before. An information empire is basically an assembly of information products that you own and sell online, that bring you some serious profits!
At this point, you may be thinking, "I don't even have one ebook out there. How am I supposed to create an information empire?"
Well, it's really simple. All it boils down to is having a system and implementing it.
Here are 5 steps to creating an information empire using this simple step-by-step formula:
1. Find Your Market
You'd want to enter a market that has repeat buyers and that will remain profitable no matter the market circumstances. For example, the relationships market and the weight loss market are evergreen markets that will always be profitable.
2. Build A Mailing List
Go and build a mailing list of subscribers in your market. Create a simple squeeze page, offer a free product, and plug in your opt-in form from your autoresponder to generate leads.
3. Create Your First Product
Create your first product. This will be low-cost and it will act as your front end product. Create a buyers list from people who buy this product. A buyers list is worth far more than a subscribers list. This is a list of buyers!
4. Create A High-End Product
Create a high-end product. This can be a home study course or a video product. Sell this for $97 or more and promote this to your list!
5. Create A Coaching Course
Now create a coaching course or weekly mentoring session. This will be your most costly product as it is personal coaching via email, phone. You may even include a membership site and a private forum for this.
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