In this episode of the MasonWorld Late Night Internet Marketing Podcast, we continue with our series introducing the different ways that you can make money online. Specifically, we take a look at information products or information marketing.
We have a special interview with Internet Marketing Guru Jon Leger (pronounced Lay-Jay) and he reveals what he considers the three most important things that a new Internet Marketer needs to know.
Information Marketing has made millionaires out of a lot of people. In fact, my buddy Josh Spaulding has just release an excellent (and very affordable eBook on the topic of Information Products.)
Advantages of an Information Products Business includes:
- Incredibly low overhead — create content and publish electronically
- Sell it over and over again
- Sell it 24 hours per day, 365 days per year
- Fully automated sales and order delivery product
- Works well with affiliate marketing
- Location independence (work anywhere)
- No employees required
Some links mentioned in the podcast
- Moonlighting On The Internet
- Ten Ways To Make $10K On The Internet
- Information Product Success Formula from Josh Spaulding
- ClickBank.com
Possible information product topics
- How-To guides
- Self-help products
- Financial eBooks
- Make Money On The Internet
- Fitness/Diet/Health
- Skills Improvement Or Training
- PM PodCast
- iPhone Programming
- Lifestyle Design
Interview with Jon Leger included in this episode.
- Tip 1: Look for a mentor running a real business; it takes real work. Watch out for sharks and false claims. Cannot get something for nothing.
- Tip 2: Find a great niche or product that sells well. Have some passion.
- Tip 3: Get targeted traffic. Not all traffic is equal.
Jon has an awesome product for beginners in internet marketing:
Be sure to leave us some feedback and subscribe in iTunes!
Podcast Alley is another option:
My Podcast Alley feed!
Here is the Raw RSS Feed.
I'd love to hear what you think about the podcast. Drop me a line here on the blog on on the digital recorder at 214-444-8655. Ask a question or leave a comment and we may use it on the show.
Episode 003 Transcript
This is the Mason World Late Night Internet Marketing Podcast, Episode 3.
You want to build a business that you can call your own, but you can’t imagine abandoning the security of your day job. You are confident that you can find a few hours a week to pursue your dreams of creating a business on the internet, but you don’t know where to start. You’re looking for a plan.
Congratulations! You just found one. You are listening to the Mason World Late Night Internet Marketing Podcast, with your host Mark Mason, building internet businesses one night at a time.
Hello, everyone. Welcome back to the Mason World Late Night Internet Marketing Podcast. This is Episode 3 already. This is very exciting. We had hundreds of downloads of the podcast. I just want to say thank you for that. It’s been really exciting from my perspective. Lots of downloads from iTunes, I really appreciate that.
iTunes is fantastic exposure for the podcast. If you’ve got a chance, hop on over to iTunes, search for Mason World. You’ll find the podcast right away. Mash on the subscribe button, and go ahead and leave us a review. We really appreciate that. That helps get the word out about the podcast far and wide. iTunes is far and wide the best distribution channel for podcasts.
In this episode, episode 3 of the Mason World Late Night Internet Marketing Podcast, we’re going to be talking about our next way to make money online. You’ll recall that we’ve been using two reference resources. We’ve got the Yanik Silver book, which you can find at MasonWorld.com/silver.
We’ve got the Jimmy Brown report on 10 Ways to Make 10,000 Dollars a Month Online, and that’s at MasonWorld.com/10ways. Both of those are information products. What’s interesting about information products is that’s the method for making money online that we’ll be discussing here in episode 3.
Now, this method of selling information products online, interestingly, goes hand in hand with the method that we talked about last week, which was affiliate marketing. You’ll recall last week we talked about affiliate marketing as a way that you take internet traffic, however you can get it, either through organic search or pay per click, or from your website, or wherever, and you drive it to a product.
The clicks that come from your website are tracked in such a way that if someone you send to a product buys that product, you get a commission. It’s basically commission sales. One of the best things to do affiliate marketing with and to get commissions on the internet are information products. They’re really fantastic.
They satisfy the need that people have for instant gratification. Usually that works in the following way. Someone needs information about a topic, so they go to Google, they search for information on that topic, and they hit a sales page for information product.
Great interview Mark, I really enjoyed listening to Jon and love the way he spoke so candidly about making money online. Looking forward to the next podcast.
Mark – thanks for the GREAT post. I do agree that they have a marketing problem as well from the perspective that their marketing is “one size fits all”… good in theory but not in practice. They could steal so much more market share if they did a better job of segmenting their market and focusing on key messaging strategies. Oh well, difficult to push for change when you’re seemingly successful.
Hi Mark,
Just want to let you know that I’ve been across to I-Tunes and posted your 1st recommendation!! I feel proud.
Heard you the first time on IBM with J & S and could immediately relate to what you stood for in the internet marketing arena . . . love your job but want something else to learn and succeed with.
Have listened to every podcast so far and can only wish that there were ‘daily updates’ . . even if, late at night!
You’ve inspired me to push ahead with starting my own internet business. Very early stages as yet, but (like you) I’ve enlisted the support and insight of my wife and we are developing this site for the UK.
It’s very early doors (UK expression) but I am confident that there is a niche that requires our solution.
Will keep you posted and also keep learning from your excellent advice!
Kevin
PS – currently moving servers so I can get some affiliate activity going on, so please ignore the stylesheet!!!
Great Podcast Mark. I must admit that even though I enjoy reading blog posts it is far more efficient to listen to podcasts because you can do it while also doing something else.
I like the bullet point layout of your show notes… I listed on the way to work today and was able to pull up all the sites tonight.
I’m just starting my first wordpress site for my Grandma… how long have you had wordpress site? What PLUGINS can you suggest? This would be a great show topic or post down the road.
Hi Mark,
Thanks for the great information that you are providing in your podcasts. John mentioned an index that you can use to see how likely people are to purchase items based on the keyword they used in their search. I thought he said it was from MSN but I’m having trouble locating it. Could you provide a link?
Thanks a million for the great content you provide.
Jon is talking about the MSN OCI score (commercial intent). It’s part of their adLabs stuff. You can find it here.
I am never quite sure what to do with those numbers exactly — but clearly “free software” has a lower commercial intent score than “buy microsoft office student addition” — and the OCI score will reflect that.