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Selling Information on the Internet by: George Onyewuchi
My far the hottest money making trend on the Internet is selling knowledge in the form of e-books including digital audio and video. Most people use the Internet to do research, gather business intelligence, find fun things to do, indulge their hobbies or as a medium for the exchange of information via e-mail. The idea behind this new business model is to leverage this insatiable hunger for information on the web by creating and selling digital information for profit. Think of this in terms of owning an asset that you can sell to earn recurring revenue without the large capital outlay required for building your own manufacturing plant.
What are Information Products? For the purpose of this article information products can be classified into three:
1. eBooks - eBooks are electronic books you can read on your computer or your MP4 player or print out if you prefer hard copies. eBooks are instantly delivered electronically via a simple download from the Internet to the customer.
2. Audio – You can record your information using freely available software and a microphone. Audio CDs are now being delivered instantly via digital download to the customer.
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