Finding a Target Market for your Information Product

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The Key!


When finding a market for your info product, remember that there are 2 parts to the equation:  

1.  You'll need an information hungry market AND
2.  You'll need that market to be willing to open their wallets. 

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Money money money 

You want to make sure that the market that you select has the money to spend on the information that you provide. You would not want to focus your efforts on creating a product that would be useful to homeless people unless you intended on making it a charitable contribution! That market would simply not have any money to spend on your info product.

Similarly, you wouldn't want to focus your efforts on creating a product for a market that usually gets their information from free sources. For example,
creating an info product for a group that regularly looks for answers on file sharing sites would probably not be a good idea.

You'll have to put that much extra effort into selling to them. Why not create a product that is targeted to a specific market that has money and actually spends money in the first place?

Info Product Secrets 

Research on HiddenSearch!

Fish in a barrel :-) 

So, once you've done some brainstorming and you've written down all of your ideas, you need to start focusing further on what might be saleable. You won't always have much knowledge on a subject that might be profitable. In that case, you will have to create a product on something that you know little about. Remember -- the goal is A product -- ANY product at this point - that has an info hungry market of buyers who will spend money.

Mark Hendricks, in his ebook "How To Find The People Who Will Buy Whatever You Want To Sell Them" explained this well:

The absolute easiest way to catch fish is to put your bait in a barrel that contains ...

"A whole bunch of hungry fish."


Now I know that sounds like an over-simplification, but it's the truth, isn't it?

They're all grouped together. They're hungry. You've got the right food. You drop bait in. They bite.

Here's a little three step secret to the successful marketing of anything:

"You've got to ...
reach the right market ...
with the right message ...
at the right time."


Simple as that. Think about it for a second.

Let's use our fishing example.

The right market - you've found them...they're in the barrel! The right message - fat and juicy wiggling worms. The right time - they are hungry - now!

Do you think they're going to bite?

YES!

The reason people fail 

If you were to sit down and think about this idea, you would easily see that the number 2 reason why people on the internet fail to succeed, it is because they do not locate their market before selecting a product.

Even then, it is second only behind those who simply fail to take action in the first place.

Multiple Streams of Internet Income: How Ordinary People Make Extraordinary Money Online 

Written By Robert Allen (the "millionaire maker")

Robert Allen is the guy who actually COINED THE TERM INFOPRENEUR! He came up with the word!

His books are always great and I have no hesitation in recommending this book to you. This book is about making money on the internet. Multiple Streams of Internet Income.

Written by the guy who invented the word 'Infopreneur', this book is a great read. His book 'One Minute Millionaire' is amazing too.

Read them both! But start with this one.

Multiple Streams of Internet Income.

Multiple Streams of Internet Income: How Ordinary People Make Extraordinary Money Online, 2nd Edition

I recommend this book HIGHLY. Robert knows his stuff.

Avg. Customer Rating: Amazon Rating

Amazon Price: $16.47 (as of 11/30/2009) Buy Now

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eBook Packages For You To Sell for 100% Profit 

There is, of course, a way to sell info products without actually writing your own. One way to do it is by buying ebooks with 'Resale Rights'.

Here are some packages listed by sellers on ebay for ebooks with Resale Rights that you can start selling anywhere immediately and keep 100% of the profits yourself.

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eBay

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