The Secrets To Make More Money Than Selling eBooks
When you read this, I don't want you to get misunderstood that selling an ebook or a course is not profitable, okay? It is, but selling "THIS" makes you more. :-)
So what's "THIS"? It's software application.
Just ask yourself this - let's say you're a stock trader, as a consumer, would you buy a course that will teach you how to analyze stock charts or a software that will create the chart and analyze for you?
I don't have to answer that for you. It'll be easier to sell the solution than teaching someone how to do the solution. (Yeah, I know there will be people who want to learn about the solution - that's why you need to read more of this post where I'll explain where the money is.)
The other cool part with software is you can sell it as a subscription like how John Delavera did with his automation software previously. (But now he is giving it for free. Click here to get it.)
If you know of a smart internet marketer by the name of Mike Filsaime, his 'killer' is Paydotcom.om, which is a type of 'software'.
My home course, The Chan Do Internet Success System made me 6-figure income in one year where else, my software program, Niche Marketing 2.0 System was sold out after 200 copies were taken up. Made me 6-figure in a week.
People like to buy software simply because software do stuff for them.
Here are some 'unaware' information how to make money with software...
1. Don't just sell the software - bundled it with a course! As a matter of fact, it doesn't even have to be a course, it can just be a case study showing how to use the software effective. I use this for Instant Sale Secrets System. Best is, give them the solution and also teach them how to solve.
2. Go out of 'internet marketing' niche - there are unlimited potential of selling software in niche markets. You could have a software product in the health niche, pets niche, financial niche or whatever niche you're pursuing. You'll make a killing there because everyone else is still selling the classic ebook.
3. Because there's so much demand for people wanting to know how to make money with software application, make money by teaching them to do this! (Remark: Make sure you have the expertise or knowledge if you want to do this.) Some quick stats - "software development" - 673,000 searches, "software design" - 823,000 searches, "software application" - 60,500 searches, "application software" - 165,000 searches and so on.
4. Branch out to uncharted territory - go into applications for Facebook (more than 200 million active users), Iphones (more than 10 million owners), mobiles, etc. You can either teach how to make money with applications or develop your own to sell to generate income for yourself. Whichever options you go, you can make a killing there and nobody will know.
5. Sell your software application away and develop another new one. Sometimes, you don't even need to make money with your own application to sell it! For instance, if you have an Iphone application that is being used by 10,000 users now and you're getting new downloads everyday - I believe there will be companies that are interested to buy your application so that they can reach these 10,000 potential prospects for other stuff they have to sell.
The best part is, you don't need to be a programmer to be a software application owner - it's about knowing how to get it developed by others and being an entrepreneur to monetize it. A good example would Bill Gates or me. We're not programmers.
So what's "THIS"? It's software application.
Just ask yourself this - let's say you're a stock trader, as a consumer, would you buy a course that will teach you how to analyze stock charts or a software that will create the chart and analyze for you?
I don't have to answer that for you. It'll be easier to sell the solution than teaching someone how to do the solution. (Yeah, I know there will be people who want to learn about the solution - that's why you need to read more of this post where I'll explain where the money is.)
The other cool part with software is you can sell it as a subscription like how John Delavera did with his automation software previously. (But now he is giving it for free. Click here to get it.)
If you know of a smart internet marketer by the name of Mike Filsaime, his 'killer' is Paydotcom.om, which is a type of 'software'.
My home course, The Chan Do Internet Success System made me 6-figure income in one year where else, my software program, Niche Marketing 2.0 System was sold out after 200 copies were taken up. Made me 6-figure in a week.
People like to buy software simply because software do stuff for them.
Here are some 'unaware' information how to make money with software...
1. Don't just sell the software - bundled it with a course! As a matter of fact, it doesn't even have to be a course, it can just be a case study showing how to use the software effective. I use this for Instant Sale Secrets System. Best is, give them the solution and also teach them how to solve.
2. Go out of 'internet marketing' niche - there are unlimited potential of selling software in niche markets. You could have a software product in the health niche, pets niche, financial niche or whatever niche you're pursuing. You'll make a killing there because everyone else is still selling the classic ebook.
3. Because there's so much demand for people wanting to know how to make money with software application, make money by teaching them to do this! (Remark: Make sure you have the expertise or knowledge if you want to do this.) Some quick stats - "software development" - 673,000 searches, "software design" - 823,000 searches, "software application" - 60,500 searches, "application software" - 165,000 searches and so on.
4. Branch out to uncharted territory - go into applications for Facebook (more than 200 million active users), Iphones (more than 10 million owners), mobiles, etc. You can either teach how to make money with applications or develop your own to sell to generate income for yourself. Whichever options you go, you can make a killing there and nobody will know.
5. Sell your software application away and develop another new one. Sometimes, you don't even need to make money with your own application to sell it! For instance, if you have an Iphone application that is being used by 10,000 users now and you're getting new downloads everyday - I believe there will be companies that are interested to buy your application so that they can reach these 10,000 potential prospects for other stuff they have to sell.
The best part is, you don't need to be a programmer to be a software application owner - it's about knowing how to get it developed by others and being an entrepreneur to monetize it. A good example would Bill Gates or me. We're not programmers.
Labels: marketing software, selling software, software business
posted by Patric Chan at 11:15 AM
8 Comments:
I don't doubt everything you've said is 100% true Patric, but how about launching a valuable service?
Could that bring in the bucks too? Granted offering a service will prove to be more work, but is this a viable option to those that cannot afford to, or don't know how to create their own software?
Awesome Patrick!
That is so true we want stuff that'll make our life easier and more productive, in one click just like building a list with FREE tools
This tool add followers automatically on all major Social Media in 1 click http://tiny.cc/mysocialurl
My Video Producer is a viral list building video, that builds your list when you give it away http://itshrunk.com/easyvideo
Thanks for the education Patrick.
Hi Chan,
very nice article, I am just wondering where I can find a good programmer on the internet with a reasonable price ?
Hi Tracy,
Of course offering services are great too, just like selling ebooks, courses, etc.
The implication of software is that, it DOES THE THING for you. With services, I believe, it's the same concept but with services, you're tight with your hours (unless you have a team to do all of the work).
Creating software is actually not as complex as it is - it's just about knowing who can do it or buying the code from an existing product/programmer.
Hi Relax Man,
There are many places out there but the famous ones will be www.rentacoder.com.
Thanks,
Patric Chan
---
Patric,
Take it from a programmer who knows a programmer when he sees one (in person).
Bill is a programmer. He wrote the Basic code (using paper tape!) for the Altair back in New Mexico in the 70s.
And while he may not hit the keyboard the way he did 30 years ago, once a programmer, always a programmer. :-)
The idea of lending "intelligence" to information products, helping the user not only gain knowledge, but provide an automated process to exploit that knowledge and make life easier for the user is a powerful combination.
I will be the first to admit I have not exploited that combination as much as I should have.
Thank you for the valuable reminder, Patric. I should reconsider my plans today, seeing where possible software development might be a better "delivery mechanism" than what I have planned.
Best Wishes Always,
xearther
Hi Patric,
Thanks for the great insider's tip.
What you shared gave me some ideas of what products I would like to create next!
thanks bro.
software is attractive but I've always been put off by thinking that there'll be loads of maintenance problems. And while it's easy to outsource creating software how about it's support?
Alex and Kathy
www.expertlistbuilding.com
Hi,
I believe the software to be created for this purpose should be self-maintain. While contains all the features, it should be able to do automatic update as well, just like an antivirus software does.
Thanks
Patrick Ooi
www.webhyper.com
Post a Comment
<< Home