Saturday, 2 July 2011

Information product ( Info Product )


Information product ( Info Product )

“The definition and legitimacy of info-product”

First of all, the definition of info-product is returned to the purpose and grounds of establishing this kind of online or digital goods. Whereas, an info-product is:

that kind of online, digital or knowledge-based goods which contains a valuable information and content regarding a specific topic, in order to provide a certain view from an expert in which it can provide a useful data to the buyer or to the targeted customer

So, from this definition the features are:

The features of info-product:

Ø  Info-product is about a digital form product

Ø  It contains a valuable information and data

Ø  It is provided by an expert

Ø  It deals with specific topics

Ø  Its establishment rely on adding and providing useful information and data

The advantages of info-product:

Ø  It’s easy to create (all you need is an idea that deem valuable to others)

Ø  It’s cheap or in some cases you can set such kind of goods in no cost

Ø  It does not need that time to be delivered (as it delivers electronically)

Ø  It costs nothing regarding delivery

Ø  It can be formed in any digital form (flexibility, as you may form it in word, pdf, hard form...etc)

Ø  Its profit considers high (as the cost is deemed low or it may cost nothing)

The types of info-products:

Ø  EBooks

Ø  Newsletters

Ø  Reports

Ø  Media goods (video tutorials)

Ø  Research data

Ø  Analytical research

The legitimacy of info-products:

There are some major points and issues that you must consider if you are interested in such kind of business, which are:

Ø  The content: you must provide a high quality and valuable content, or your product may treat as a scam in future

Ø  Copy right: if you are providing an info-product you must refer information to its main writer if it has been taken from others...

Ø  Trust: in order to gain profit from selling such kind of products you need to maintain a trust (online trust)... see our previous post regarding this topic

Ø  Delivery: you must deliver your product as soon as possible, as any late can affect your business and its legitimacy

Ø  You must specified the process of payment and delivery (to avoid any future dispute)

Ø  You must provide a well description about the content, author and other info about the length, form...etc of your product (to avoid ignorance)

How to write or create an info-product:

Ø  The main steps:

1.      Research: if you want to create an info-product you need to know what users looking for in order to create a sellable product

2.      Knowledge: you should enhance your knowledge by reading about the topic you are intending to create in order to provide a valuable content

3.      Form: choose the right form that is suited to the content of your product

4.      Try to provide a simple method that can be understood by any one

Ø  Quality: if your product was not a high quality product then it may consider as a scam, so make sure that your info-product is a high quality product

Finally, I hope that we provide a useful post to you regarding info-product, if you have question or additions please leave your comment...

Please let us know about the main lacks that you face regarding this kind of business

Mohammad Al-Thunibat

M & T

Tuesday, 21 June 2011

Home Based Business (its concepts and requirements)

Home Based Business (its concepts and requirements)

Our post today is about home based business “HBB”, this type of business considers as one of the most types that users misunderstand its concept and requirements. Therefore, our aim from this post is to identify these concepts and requirements in order to clarify such type of business easily and simply

So, in order to do so these questions should be answered:

What is home based business?

Well, home based business “HDD” is: one of the small business types in which its owner operate it from his home office, using the internet or other communication tools for the purpose of communicating with his/ her customers

What kind of concepts this business rely on?

It should be noted that home based business created for the purpose of owning a business (idea, service, product...etc) which the owner may use a small number of employees (usually his/her family or friends) to facilitate and operate that business

Nevertheless, there are number of concepts that must be clear to determine such kind of business, which are:

v  Home based business is a separate type of business; which mean that this type of business is not established as one of online marketing types or for marketing purposes (you may do that), as if you do so then you deal with home based marketing not business

v  In home based business the owner own the business; by owning an idea, service, product or such in which the owner build his business to generate money by selling what he owns. (in some cases you may not own what you sell, which mean that your business bases on mix concepts that cover home based business and other types such as affiliate marketing or online marketing)

v  In home based business the owner is not (or could not be) an employee; in other words if you established a home based business then you must understand that you are the owner of that business in which no one can control that business except you, as you do not work under the control of any one. So, if you are dealing with any business that you do not control it then that business is not your own, this point is one of the scam offers that exist online in which scammers use to mislead online users by claiming that what they provide is an opportunity to gain your own business which in fact is not

v  In home based business you are entitled as an owner; the responsibility that fall upon you in home based business is not as scammers claims, as you are entitled legally as an owner when you established such type of business, in which you must be careful and prepared in case you established a home based business

What requirements should I consider in my business?

Well, there are many requirements that you should adopt and apply in your business but at least you must adopt the follows:

v  Legit business; as some types are prohibited by some regulations to be adopted as home based business. So make sure that your business is not prohibited under the provisions of your regulations

v  Legit subject-matter (idea, service, product...etc)

v  Legit purpose and tools, that you may use to operate your business (see our previous posts)

v  Legit marketing (see our previous posts)

v  Legit advertising (see our previous posts)

v  Legit description and information that you may provide to your customers (see our previous posts)

v  Security, privacy, and protection (see our previous posts)

This is briefly what you should acknowledge about the concepts and requirements of home based business. Hope you find this post useful

Note: if you are interested in such kind of business we may help you building your own home based business (in regard to the legal side), just let us know by leaving your comment under this post

Mohammad Al-Thunibat

M & T