5 Ways To Add New Life To A Seemingly Dead Information Product
Assuming that, your eBook has run its course. Its digital market cycle has reached the end of the line. Most of the people under its targeted market has already bought one, and no buys have been made for many months.
Does this indicate that your eBook has ended being a profit generator and should be put to rest already?
Most definitely not!
In the event that your eBook has arrived at the end of its market cycle, you can still profit from such by observing other business plans and effectuating new strategies. Your digital product still got some fight in it, and its just comes down to picking the right arena for what it can offer.
Allow me to discuss 5 ways by which you can monetize old eBooks:
1. Sell resale rights to your information product. By offering your item together with the earning opportunity of being enabled to sell the same, you will be tapping into a whole new audience - online businessmen who are consistently on the lookout for goods to sell. Also, by including resale rights to your eBook, you can sell it for at least four times more than your standard price.
2. Sell private label rights to your eBook. PLR is much like resale rights, however, PLR provides the right to configure, alter and/or modify the product, as well as the right to brand the wielder's name as the creator thereof. Some product publishers desire to preserve the content and layout of their eBooks and only include the more restrictive resale rights. However, there are some product originators merely want to earn off their eBooks and they provide the most inviting rights possible, which is PLR, to command the best price that can be gained.
3. Chop down your eBook and use the separated content for a variety internet marketing tasks. Articles? Web content? As lessons for your e-course? As messages for your newsletter? Your fading eBook can be a great source for these things.
4. Reformat your digital product and use it as a viral marketing seed. Publish your URL on each page and distribute the eBook for free. Witness the traffic generated to your website expand at an ever growing rate.
5. Convert your information product into a physical product and offer the same in virtual or brick and mortar bookstores. There are several fulfillment services on the web that are dedicated to such a goal. My own preference is lulu.com, for the sole reason that they don't peg a specified number for their allowable minimum order.
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