Information marketing is in its most basic definition “the process of selling information”.
That sounds simple enough, right?
But how exactly does that work in an internet-based business?
Well, first of all, let’s figure out what kind of information we’re talking about here.
Typically, it’s information that serves to educate
and, hopefully, solve a problem that a potential customer is having.
For instance –
− Teaching a busy executive how to lose weight.
− Showing a single mom how to make more money.
− Helping a couple avoid a divorce.
The information is typically delivered electronically (digitally) via eBooks,
membership sites, and audio and video downloads.
It’s a multi-billion-dollar industry, several times over,
and has generated many millionaires.
Why is information marketing appealing?
Entrepreneurs are drawn to the low barriers to entry,
High-profit margins,
Hands-off management,
and quick time-to-market.
An information marketer can dream up a product one day and release it overnight,
seeing a return on their investment almost immediately.
While it’s easy to become an information marketer, doing it successfully is another
matter.
Many bright-eyed would-be millionaires dive into the market, hoping to
discover the fabled rivers of gold, much like the 49ers in the Gold Rush of yore.
In this short report,
I will share several of the common pitfalls that information marketers can fall into,
as well as provide tips as to how to become one of the lucky – and hard-working – few who strike it rich