Traditional businesses require a lot of overhead to effectively run and manage.
You generally have to pay for office space, warehouse space, inventory, and a
storefront. You have employees who require a paycheck and benefits. You
have to pay for products, or create your own from expensive raw materials.
You also have to deal with packaging and shipping.
The info product business actually has many great benefits over selling
physical products:
Once created, you can sell a digital product again and again without
having to create something new.
Digital products require no raw resources as physical products do.
Digital products donʼt require you to keep stock, package items, or
ship anything.
Selling digital products can be done from home very easily, so you
donʼt need a physical location.
You wonʼt need to hire any employees until your sales volume
requires the extra support.
Once you hire employees, your business can operate mostly on
autopilot for passive income.
Details
- Publication Date
- Apr 30, 2010
- Language
- English
- Category
- Computers & Technology
- Copyright
- All Rights Reserved - Standard Copyright License
- Contributors
- By (author): Greenfield Blogs
Specifications
- Format