Make money by selling Information pt 1? Can this really be done?
Yes it can! As you start to look at online businesses one thing you will see come up consistently time and time again is that Selling Information is one of the top 5 Online businesses to start. Why would this be? a couple of reasons are that, there is no inventory to stock, the delivery of the product can be instant to your customers, just to name a few.
Most people like this method of making money but then get stuck in “What kind of information” do I create and market. There are many guides out there telling you what niche or idea to begin with however, here is a quick way to get started. Write about 1)What you do for a living, 2)Write about your hobbies 3)Write about your Passions. Those are 3 good places to start. Your next step will be to determine if there is a Market for that Niche..DO NOT SKIP THIS STEP!!!!
If there is no market for this idea/niche it will simply become a labor of love and not a profit center for you. If you are still having trouble trying to come up with a Niche my friends at Micro Niche Finder can help you. Once you choose a Niche your best bet will be to write about “how to solve a problem” in either of those niches. Why write “How to information” because people go online to find solutions i.e. “how to info” to there problems. If you can provide and market that information you have the seeds of a great online business.