Business 21 30: Provide Services To Others
I know hundreds of people who right this minute are making a full time income online
through providing services that other Internet Marketers desperately want and need like:
Web Design, Web Promotion, Search Engine Submission, and more.
This business will only expand as time goes on. Every business on the planet is being told
that the next generation in commerce is on the web...and they are all heeding this advice.
If you start learning and providing services in this area today, your market is bound to
grow in the coming months and years as all of the businesses expand onto the web. Don t
be trapped in a declining market...move over to the wave of the future in providing
Internet services.
Although the information product business can be extremely lucrative (this business
along with software probably make up the two Hottest Businesses on the Internet), you
can actually make more money in many cases by providing the actual service along with
having a product about it.
For example, although a product that teaches people how to get traffic to their site can
sell 100s or 1,000s of copies easily on the net, there still would be 1,000s of people who
would prefer that you do the work for them. As a matter of fact, using a
report/book/audio as a front end sale about the subject of web promotion can be an
awesome way of making dozens of backend sales for your much higher priced "Full
Service" web promotion services.
The big disadvantage to offering services on the net instead of some type of product is
simply that you only have so much time available to you. Your income is limited to your
ability to work more hours. You are still trading hours for dollars.
You could sell hundreds of books this week without that much effort, but you could NOT
provide 100s of extra services to different customers without a major shift in your time
management. Eventually, if your site and business continues to grow, you will hit a
barrier for your time and your income.
The two major advantages of doing a "Full Service" business online are:
1. You will be able to charge a premium price for people to actually have you do the
work for them. Many people will have a smaller front end product such as a $29.95
report or a $97 report and then have their full services at $1,000 or more. For example:
You may write a report on "Search Engine Positioning" and sell it for $97. Then, your
"Full Service" price may be $150 per month or more.
2. You will continually learn more about your service and be able to create an
information product out of your experience. As you can see, information product sellers
and service providers need to both see the other side of the coin. If you are currently
providing a service now, think about how you can create an information product out of
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