This is a basic guide to help you make money with niche products. And to make this very easy let’s sell a digital or information product in any ‘niche market’ of your choice. OK let’s get started.
First we need to find a product to sell and there are a number of different ways to do this. You could join a monthly club that creates niche products. This is exactly what I do with ‘Nicheology’. Jimmy D. Brown and Ryan Deiss have done an excellent job with this. The only problem is it’s very hard to get into because they have a limited number of members they let in (1500).
Another way is to buy resale rights to niche products.
And of course you could create your own niche products or have a ghostwriter do it for you.
After you have your niche product you will need a domain name. Try to think of a few different names because your first choices may not be available. Choose a short name and it will be easier for people to remember. If possible get a domain name ending with (.com) You should also try to get a name to match your product. And maybe use keywords in your domain name to get a better listing on search engines.
And you will need a hosting company. The purpose of hosting company is to keep your website running properly. They will make sure everything is working properly so your customers can navigate through it and buy your product or service. So this is a very important responsibility. You may find some free hosting companies, but you really do get what you pay for. So it may be better to use a paid hosting company.
Also when you start promoting and selling some of these services you can make some extra money too.
You’ll need an autoresponder to send out emails automatically. You can automate a lot of your every day business tasks leaving more time for you to concentrate on more important things like marketing and promoting your products. With an autoresponder you can send out email advertisements to everyone on your list at predetermined intervals, automate
delivery of several different mini courses all at once, send out sequential emails automatically whenever someone buys one of your products, have all of your digital products sent out automatically and collect names and email addresses and add them to your list of customers and much, much more.
To collect money for your products you will need a payment processor. Make sure that you accept credit cards because most transactions will be made with them. But you should also consider other options as well, like accepting checks and money orders. And you may want to use PayPal and ClickBank. The more ways you can collect money more sales you’ll make.
