Saturday, 15 February 2014

HOW TO MAKE MONEY ONLINE part-3




What I’m going to share with you in this part is so valuable that if you listen to me, you will be making insane amount of money. I mean the kind of money that will be more than what any reasonable person can spend.

1. What should you sell online?
2. How will you set it up online?
3. How will you attract those that will buy your stuffs online?

How To Start Mini Importation Business In Nigeria click here: http://johnnybis.blogspot.com/2014/01/how-to-start-mini-importation-business_31.html


Let’s start with the first question. 

1.      What should you sell online?
The answer is… It Depends. I’m sure some of you are waiting for me to say sell product A or sell product B. NO I’m not going to do that…yet. I will still tell you how to get started but I need to deal with some deeper stuffs. Before you decide on what you want to sell online, you need to ask yourself this question…

What Do People Want To Buy?
Before you set out to do anything whatsoever you have to decide that you are going to sell only what people WANT to buy. What I am about to reveal to you will determine whether you will become an Internet millionaire or not. In fact, this is not just for Internet businesses only. The advice is valuable for your offline businesses as well. Here is the advice…


Sell What People Want To Buy And Not What They Need To Buy

I hope that got you thinking. If it didn’t, it’s either you already know what this means or you should not be in business. Go and find a job.

You see my friend; there is a massive difference between what people want to buy and what people need to buy even though they sound similar. Let’s assume you sell books and other information materials like I do. Someone just supplied you with 1,000 copies each of two titles.

1. How to pass JAMB
2. How to relocate to the USA

Now let me ask you. If you have a teenage son you love so dearly, what will be your advice to him at that stage of his life? I’m sure you will advise him to pass JAMB and head to a University.

If you ask 100 teenagers to choose out of two options: to go to a university or to travel to the USA, which one do you think most of them will opt for? Your answer is as good as mine. They NEED to go to school but they WANT to travel abroad. Which of the books will sell more?


Important Note: I’m not saying a book on passing JAMB won’t sell. I only used the analogy to make a point Onward.

Stop talking like most people that say things like…

- Everyone must eat so I will sell food
- Everyone must drink water so I will sell water
- Everyone must put on clothes so I will sell clothes

Someone told me he was going to sell salt because everyone cooks. I laughed in French. Come on. If you do a big party, maybe a wedding, you can’t finish a bag of salt. Lol!

Let me ask you. Which one will succeed faster out of these…?

A food canteen or a football viewing center?
A motivational magazine or a football magazine?
Bottled Water Company or a beer company?

Gosh! I once saw a hungry looking boy (about 13 years old) pay N50 to enter a viewing center. That boy NEEDED food. But he WANTED to watch Chelsea.

I can go on and on. As a small business owner, think of only things people WANT. Leave the big
guys to sell NEEDS. I hope I have made my point.
Will you make sure you start by selling only what people want? Alright.

Here are the next set of questions you must ask yourself.
1. Should I be the creator of the product I will be selling?
2. Should I become an affiliate? That is selling for others for a commission?
3. Should I secure reprint/licensing rights?

When you create your own product, you own it all. If you create a DVD teaching people how to have sex (lol) and you put up a website to sell it, you are in control. You keep all the money when you make sales.

An affiliate is selling other people’s product for a commission. You help promote and you get a cut. See
www.clickbank.com

You can also secure rights to products and resell. You pay a fee to buy the rights so you can start selling so you keep all the proceeds. See (www.master-resale-rights.com)

While all these models can make you money, I believe having your own products is the best way to get started. You have control. In business, control is KEY. You can apply the other models as additional streams of income. So we are back to the main question you all want answers to.

What Exactly Should You Sell?

Let’s cut the bull. What should you sell? Cars, clothes, sex toys, books, advert space, web
design service….? Just what? As a starter, I will want you to go the easy way. I want you to start by selling Information Products. Yeah. Start by selling information products online. Why?

What are information products?
How will I create them?
How will I sell them?
Can it make me money?

For further clarifications use the box below to place your comments/questions, I will surely get back to you.

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