An info product is any product that can be digitally created, sold, and transferred to your customer: Information Marketing Assignment, TU, Malaysia

School

Taylor's University (TU)

*We aren't endorsed by this school

Assignment Type

Individual Assignment

Subject

Information Marketing

Uploaded by Malaysia Assignment Help

Date

13/03/2023

An info product is any product that can be digitally created, sold, and transferred to your customer. Information products have almost zero production, storage, or distribution costs. This gives info products a nearly 100% profit margin and an ability to scale that other product types can’t compete with.

Common examples of info products consist of computer software, apps, courses, e-books, dating sites, etc. We have a list of info-product examples later in this post.

Get Solved Your Assignment( variable) and Earn A+ Grade!

Info Products Have No Production or Distribution Costs

I got my start selling white-label physical products through Amazon.com. While it doesn’t sound very complicated, there are a ton of costs from this business model.

First, you have to buy the product from the manufacturer, pay a freight forwarder to have it shipped to the US, pay import taxes at customs, the list goes on. With physical products, you get nickelled and dimed at every step of a long supply chain.

Selling digital products cuts out all of those costs. When a customer purchases, the end product is transferred from your server to their computer at the speed of light. This makes it a fantastic business model for small players. They won’t need to negotiate the best rates with a dozen people in the supply chain.

The scariest moment of my physical products business was the first big order of widgets that I made. I had to spend $20,000 to get 1,200 widgets from China to California with no guarantees that I’d make that money back.

It was a scary 5-week wait, but the products arrived, and they sold out instantly. Great news! Except I now had to wait another 5 weeks to restock the widgets so I could continue selling. During those 5 weeks, I lost thousands of customers and my high Amazon ranking.

With info products, you don’t have the same limitations on how many widgets you can sell. Stocking 100,000 copies of computer software are no different than stocking 1. This means you can go from a tiny business to a substantial business overnight.

Stuck in This Assignment? Deadlines Are Near?

Get Help By Expert

If you're in need of thesis writing help online, consider Malaysiaassignmenthelp.com! Our team of skilled professionals can provide you with custom thesis writing services and get the job done right. We know how difficult it is to create an outstanding thesis, but don't worry because our team of experts has got your back! With our expertise, we guarantee satisfaction and accuracy for every thesis. So what are you waiting for? Look no further — your thesis woes are over with Malaysia Assignment Help!

Answer

UP TO 15 % DISCOUNT

Instant Paper Writing Services by Native Malaysia Writers

Plagiarism Free Solutions
100% Original Work
24*7 Online Assistance
Native PhD Experts
Hire a Writer Now
Convincing Features
Plagiarism Free Report
On-Time Delivery
Native Writers
A+ Quality
100% Confidential
24*7 Online Assistance

Get these features included in Your Assignment

Get Assistance for Assignments, online Exam, and Projects Writing