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Ways to Make Money Online Selling Information

Discover ways to make money online selling information — even if you don’t have your own product!

If you’re looking for ways to make money online selling information — but don’t have the time or money to develop your own product — consider buying the reprint or resale rights to someone else’s.

Basically, you purchase the right to sell an already established product. And depending on the type of rights you purchase, you keep either a percentage of the sales or all of the proceeds.

In the best-case scenario, you can even purchase a master license — which gives you the right to sell the purchasing rights to other people!

Selling information to make money online is extremely easy when you buy the rights for an already established product. Not only do you capitalize on the good name of the author, but you don’t have to spend any time developing your own product!

Let’s take a look at the three types of rights you can buy to make money online with information:

• Resell rights. When you purchase resell rights, what you’re actually purchasing is the right to sell a product for someone else — a product that they continue to own.

  Because you don’t actually have control over the product, you keep only a percentage of each sale as your commission.

• Reprint rights. Reprint rights cost more than resell rights, because you keep 100% of the proceeds from any sales! You can also make as many copies of the product as you wish, and sell as many as you can.
• Master rights. Master rights are the most valuable of the three, and therefore are the most expensive.

  As with reprint rights, you have permission to reproduce and sell the product for 100% of the profit. But you’re ALSO allowed to sell the actual reprint rights to the product to other people!

  So even though they cost more, you automatically start out with two separate streams of income ? sales of the product and sales of the rights.

The majority of products that carry rights on the Internet right now are information-based products. So it’s the perfect time to make money online with information by buying reprint rights.

Here are just some of the ways to make money online selling information products:

• eBooks. eBooks are the most popular, so you can usually find eBooks that are suitable to resell to your market — no matter who your audience is.
• Email courses. An email course is often delivered in smaller pieces over a course of days or weeks — and as the name suggests, you email it to the customer, rather than sending them to a website where they download it.
• E-zine articles. You can frequently buy individual articles to use as content for your own e-zine. This is a good choice if you want to deliver an e-zine to your audience, but don’t have the time (or desire) to write it yourself.

As you can see, selling information to make money online is quick and easy when you purchase the rights to sell an established product.

Here are 10 tips :

1. Invite in: Women are 3X less likely to care about the size of their network than men. Size may not matter but being shown personal attention does.
2. Understand who you’re talking to: 74% post pictures of family/friends and 71% talk about what they’re doing now as opposed to 60% and 58% for men. Take advantage of the opportunity and get to know them.
3. Listen and respond: Listening is a fundamental skill but, equally important, is proof you did.
4. Set guidelines and expectations: You can’t read body language on a social network. Security and privacy are big issues. Create a comfortable environment.
5. Be transparent: If you’re not part of the group and “trolling” for business purposes, you are very, very likely to be found out so be open about who you are.
6. Talk rather than target: When women are online, 50% are connecting with family and friends, reading someone else’s blog or posting a comment. They’re socializing so shouldn’t you?
7. Respect values: Dove ran a campaign on Facebook, “12 going on 20.” It asked young teens to describe what mattered when they were 5, 10 and 15 and how it influenced them today. It’s a great example of how social marketing showed respect for values.
8. Engage rather than sell: 60% or more are uploading picture or watching videos when online. Work as a co-creator, not a marketer.
9. Social media = social networking + social issues: Is called “social” for some key reasons. Make the most of both of them. Your audience will appreciate you did.
10. Give back – it’s part of the culture: You get back more when you give. That’s what we’re trying to do.

@TomHCAnderson

Social media took a wild ride in 2009. The mainstream press fell in love with Twitter, Facebook grew aggressively and a new wave of companies starting taking social media seriously as a business tool. Below are 10 secrets to staying on top of it all in 2010

1. Pay Attention to the Metrics
You can’t manage what you can’t measure. Chief Marketing Officers are going to pay more attention to metrics and tie in social media more directly to overall business goals, not just web-related goals. When starting up new project agree on what the metrics should be and what goals are appropriate.

2. Scale Good Habits
As you grow, make sure you match your structure, policy and guidelines to your organization size. What works with 2 people won’t work with 20 people. All in all your structure should encourage good habits. Your entire team should be motivated to respond quickly, post consistently and talk like a human. Speaking of policies and rules…

3. Have Rules, But Trust People
As your social media strategy matures, you’ll add in more rules and guidelines. However, you can’t have a rule for every situation. You need to trust your team. Lead by example, don’t manage with rulebook.

4. Creativity & Personality Trump Big Budget
Social media is definitely one of those areas in life where more money doesn’t always win. Two of the most powerful ingredients in social media are creativity and personality. They are the key to having a viral message and to being a trusted resource. They are also essential to discovering useful strategies and tactics. You can’t be afraid to try something new or go against the grain.

5. Listen Listen Listen
Don’t focus so much on you and your message. Put that farther down on your To Do List. Focus first on your customers. Hear what they are saying, see what they’re up to. Once you’ve been able to connect, and figure them out, then see how you can help.