By © J. Stephen Pope
1. YOU CAN DO IT! WILL YOU?
You CAN succeed in your own information empire. Self-publishing valuable, how-to information is in great demand by people today. In today's busy society, people are pressed for time. They need concise, simplified, practical information. They will pay dearly for it if it will improve the quality of their lives.
Even if you have never written for money
before, you can do so if you apply the information in this report. Lack
of formal education should not deter you.
Large sums of cash are not required. What is required is the
application of the information in this
report.
You must have more than good intentions,
though. Your strong desire to succeed, not only in making money, but in
making a difference in other peoples' lives, will motivate you. Then, following
through, you will execute your
planned tasks to reach your goal.
2. WHY IS SELF-PUBLISHED INFORMATION THE PERFECT PRODUCT?
Information can be sold on the basis of
its value. For example, if you could receive a thousand dollar tax-free
grant, would you pay ten dollars for that
information? Most persons would. They'd be $990.00 ahead. Yet, that
information might fit on one printed page.
So, the cost of producing the information has almost no relationship
to the value of the information. Thus,
the potential for high markups and profits exist in this business.
Information products (unlike other hard
goods like cars, refrigerators, et cetera) are relatively light and so
incur
lower shipping costs. In fact, the post
office gives preferential treatment for shipping books.
You could sell other peoples' products,
but then you would not have control over your business. At any time, your
suppliers could change their commission
structure, let your competitors sell the product, or even discontinue your
relationship. If you own your own proprietary product, your own copyrighted
information product, no one can
legally sell it without your permission.
You control its production, promotion, and distribution.
3. WHY SELF-PUBLISH SPECIAL REPORTS INSTEAD OF BOOKS?
A Special Report (sometimes called a folio) is a written document of from one to several pages on a specialized subject of interest to certain readers. It should be concise and practical information of value to a particular audience. It might be professionally bound with a cover and personalized for the reader or it might just be a few pages stapled together or it may even take the form of a computer file or electronic book. This publication is an example of a Special Report.
Books and booklets must be produced in
certain minimum quantities. This is fine, when you're well-established
financially. However, Special Reports
can be produced on demand, one copy at a time, if necessary. This means
that if you receive one order, you can publish it from your home computer
by simply printing a copy of your file.
Even if you have no computer, you could
type one copy of your report and have it photocopied as required. This
results in virtually no money being tied
up in inventory. You spend money only when you receive orders.
Books are lengthier and require more time and effort to produce. Therefore, it will take you longer to make money from your efforts. A Special Report, being only a few pages long on the average, is a product you can develop and produce quickly and economically.
Many customers will appreciate the concise
treatment of a particular subject in a Special Report. They could
pay forty dollars for a complete book
on home-based businesses, but maybe they just want information on
self-publishing.
Perhaps they have already bought books
on How To Publish Your Own Book, but the area of Special Reports wasn't
really covered. For a few dollars (and often for considerably less expense
than a book), they can get the
essential information they need to accomplish
their goal.
If time is money, then your customer will
really appreciate your to-the-point consideration of his selected subject.
You are not being paid by the word; you
are being paid for results.
As you write further Special Reports in
your area of expertise and interest, you will find you will have a
number of products to sell, instead of
just one. Then, you will have diversified your income, having developed
multiple income sources. Instead of making
money only when you are working, these products could generate
passive income for years to come. While
on vacation or while sleeping, orders could be coming in for these
products you developed.
As well, a series of Special Reports or
folios on related subjects could be combined later to produce a
book. If, for example, you produced twelve
different folios on various ways of making money from
self-publishing, they could be combined
in a book on the same subject.
Thus, Special Reports can be used as the
basis for creating other information products, such as books,
booklets, audio cassettes, videos, courses,
software, speeches, website content, electronic books, business
kits, and so on. The more products you
have and the more choices you offer your customer, the more income
streams you will generate for yourself.
4. WHAT SHOULD YOU WRITE ABOUT?
Of course, it is natural that you would
want to write about something that is of interest to you. However,
is what you are writing about of interest
to others? You may be an excellent poet, but the market is very
limited for poetry.
On the other hand, practical and simple
"how-to" information sells. As an example, you presumably bought
this report to accomplish a number of
objectives. First of all, you wanted to make more money. Secondly, you
wanted to learn how to create valuable
information of use to others, so that they could pay you for it.
Is there a market for moneymaking information
like this? You bet there is! Just check out the business
opportunity magazines at the newstands
to see that this is true. Use internet search engines to find
moneymaking or other how-to subjects and
to learn about what your competitors are doing.
The key to making money from your self-published
information is to write on a subject that is of
interest and benefit to your reader. There
must be a sufficient number of persons interested in
your subject in order for you to justify
the time and expense required to undertake writing about it.
You must be able to reach these persons
economically (through the internet, magazines, or other means).
Most important, what you write should
address a concern, want or need of your reader. Provide the benefits implied
in your title and advertising. Provide good value for the money charged,
and your customers will be happy and buy other products from you.
5. HOW TO PRODUCE A SPECIAL REPORT
It is likely that you already possess information,
knowledge, and skills in areas of interest to others.
Meditate on what you already know. Sometimes
we assume that other people already know what we know.
This is not the case. If this knowledge
can help others save money, increase their income, improve
their health, be better liked, improve
their happiness, or give some other important benefit, you can use this
knowledge as the basis of producing your information product.
As well as your own expertise, you can
consult other sources to add to your knowledge. Research at the
public library, in bookstores, on the
internet, through personal interviews of experts, and by taking
educational courses on your chosen subject
will all help you develop additional expertise needed to
write your folio.
As for writing ability and skill, practice
makes perfect. Get constructive criticism from others.
Have a friend proofread your report. Check
your grammar and spelling. Use simple sentences. Don't
get too complicated or you'll lose most
of your readers.
Use of a personal computer will help you
immensely. Prepare your document in text format so that you can
use your information in different formats,
such as for your website, in electronic books, for e-mailing
to a printer, et cetera. If you wish,
you may export a copy of the text file you used to prepare
your own Special Report to a word processing
program to format it for printing. Only print the copies
needed to fill orders.
Writing any information product requires
self-discipline. You must find a suitable time to write each day.
Buy out
the time from less important activities
such as TV viewing or idle conversation. If you have specific goals and
stick to them and your schedule, you are
likely to accomplish your objective of making more money with
self-published special reports.
If, for example, your goal is to produce one Special Report per week, you will need to schedule the required time for research, then writing, editing and corrections.
Be realistic about your goals. If you can
only produce one special report per month, don't be discouraged.
Adjust your goals to what reasonably can
be accomplished. Just think! Producing only one Special Report per
month would produce a line of twelve different products in a year and could
form the basis of a newly published book!
6. HOW TO SELL SPECIAL REPORTS
Writing, although hard work and akin to
giving birth, is only part of the battle. Now you need to sell your
Special Reports.
Remember, you didn't just write on any
subject that interested you. You deliberately chose a subject
that was marketable. You wrote a subject
others were interested in. Otherwise, you wouldn't be
able to sell it.
Whether you use a website, magazine ads,
direct mail or other methods of advertising and promoting your Special
Reports, make sure that all your communications stress the benefits to
the target reader. They must be
convinced that your folio is a product
that is needed by them and is worth the money.
Don't forget to take advantage of free
publicity for your products. Send press releases and try to get your
publication reviewed or featured as a
new product in appropriate magazines or other media.
Special Reports can be adapted as articles
that you can offer for sale to magazines. Some consultants and
professionals use Special Reports to promote
their own business and to establish credibility as experts in a
certain field.
7. THE BEGINNING OF YOUR INFORMATION EMPIRE
From small beginnings come big things.
Your following through on the information in this report could result
in many benefits. A steady production
of appropriate Special Reports will give you control and ownership of
profitable products in high demand. These
products can create income for years after they are produced.
They can also form the basis of other
products: books, audio tapes, videos, courses, internet content,
software, and other salable, unique products.
Establish your credibility as a respected expert in
your field.
Don't delay; follow through.
Best wishes to you in building a profitable
and enjoyable information empire!
http://www.yenommarketinginc.com/
About the Author:
J. Stephen Pope, President of Pope Consulting
Inc., http://www.popeconsultinginc.com/
has been helping
clients to earn maximum business profits
for over twenty years.
-- Harvey Mackay
SFI Marketing Group is the largest and reputable Home Business company in the world. Over the years, it has established and grow itself globally in many countries helping many people around world to earn an income that they never thought POSSIBLE. Even if you don't know anything about Internet or Web Site Marketing, included FREE when you sign up with SFI is a continuous course in making money on the Internet. It's emailed to you FREE 1-2 times per month, plus there's also a Website of all the past lessons. Even if you end up doing nothing with the business end of SFI, sign up and receive invaluable marketing training and experience what Internet Home Business is all about!!!
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