Wednesday, February 6, 2008

Choosing Our Product Types

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Those who want to make money online through online marketing come to understand there are basic understandings in the world of home based internet businesses. One of those being, there's no money to be made in learning about the technology end of the internet, but it is a necessity of the business.

All the revenue, or money is made in internet marketing and online selling, or as a result of effective flow of TRAFFIC which results in CONVERSIONS.

There are two types of products you can promote online:

1. Physical products like golf clubs, cars, jewerly, etc.

2. Digital information products like ebooks, reports, MP3 audio files, online video packages, and software programs.

While they are both viable income sources, physical products pose a series of challenges compared to their digital counterparts.

Specifically, they need to be manufactured, inventoried, and finally shipped to the buyer when the purchase is made.

Depending on the product, this can result in significant expenses that must be incurred by the seller and passed on to the buyer. It also requires a storage facility, and the personnel to handle the packaging and shipping.

On the other hand, digital products (often referred to as "information products") don't have to be manufactured
and warehoused. They simply sit on a hard disc and are duplicated on demand.

Digital products can be sent anywhere in the world via the Internet, instead of by plane or truck, for only a few pennies.
Digital products also have much higher profit margins.

Best of ALL, the entire process selling, collecting and shipping digital products can all be handled by computers and hence... AUTOMATED. Thereby creating "money machines."

As a result, the best products to focus on if you are going online to make money are information products.

However, if you are interested in selling physical products, eBAY is the best place to start, and accounts can be established with wholesale product suppliers through Clickbank.com.

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About the Author

© 2008 James C. Tanner. All Rights Reserved.

James C. Tanner of http://www.silent-wonder.com is a retired entrepreneur, business trainer, investigator, and writer whose articles are enjoyed by 12.5 million readers monthly. Helping people make money online through internet marketing and homed based business opportunities.

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