Information Marketing Assignment, TU, Malaysia An info product is any product that can be digitally created, sold, and transferred to your customer
| University | Taylor's University (TU) |
| Subject | Information Marketing |
An info product is any product that can be digitally created, sold, and transferred to your customer. Information products have almost zero production, storage, or distribution costs. This gives info products a nearly 100% profit margin and an ability to scale that other product types can’t compete with.
Common examples of info products consist of computer software, apps, courses, e-books, dating sites, etc. We have a list of info-product examples later in this post.
Info Products Have No Production or Distribution Costs
I got my start selling white-label physical products through Amazon.com. While it doesn’t sound very complicated, there are a ton of costs from this business model.
First, you have to buy the product from the manufacturer, pay a freight forwarder to have it shipped to the US, pay import taxes at customs, the list goes on. With physical products, you get nickelled and dimed at every step of a long supply chain.
Selling digital products cuts out all of those costs. When a customer purchases, the end product is transferred from your server to their computer at the speed of light. This makes it a fantastic business model for small players. They won’t need to negotiate the best rates with a dozen people in the supply chain.
The scariest moment of my physical products business was the first big order of widgets that I made. I had to spend $20,000 to get 1,200 widgets from China to California with no guarantees that I’d make that money back.
It was a scary 5-week wait, but the products arrived, and they sold out instantly. Great news! Except I now had to wait another 5 weeks to restock the widgets so I could continue selling. During those 5 weeks, I lost thousands of customers and my high Amazon ranking.
With info products, you don’t have the same limitations on how many widgets you can sell. Stocking 100,000 copies of computer software are no different than stocking 1. This means you can go from a tiny business to a substantial business overnight.
Get Help By Expert
If you are wondering "who can do my assignment for me", Assignmenthelper.my has the answer. We provide a wide range of services to cater to all your needs and requirements when it comes to assignments. With our team of expert assignment writers who are well-versed in various academic disciplines, our clients are assured that their assignments will be completed with accuracy and precision. We understand the importance of academic assignments, and we strive to deliver top-notch results on time!
Recent Solved Questions
- BAFB4124: UNITAR International University Assignment- Investment Analysis, Malaysia
- BBCP4103: Career Planning And Development Essay, OUM, Malaysia Career management process can be analysed based on stages. There are several stages through which most of us have gone through or will go through
- ABCC1103: Reflect on a significant moment in your life that notably influenced your identity: Introduction To Communication, Assignment, OUM, Malaysia
- Assignment: The Roles of Corporate Social Responsibility A Case Study on CSR Initiatives
- MPU3412: Bincangkan topik berikut dalam forum dan serahkan bukti penyertaan anda dalam perbincangan dalam talian: Community Service Assignment, OUM, Malaysia
- The program submitted should compile and be executed without errors: Java Programming Assignment, APU, Malaysia
- Identify a conflict on the theme of change that is explored in the novel and argue: Malaysian Popular Literature and Culture Assignment, UNM, Malaysia
- PAF3043 Financial Accounting Assignment UPSI Malaysia The introduction of the Malaysian Private Entities Reporting Standard (MPERS) in January 2016 is timely and vital.
- Microeconomics Assignment, HWU, Malaysia Plastic is a critical component of the modern economy and plays a significant role in various industries
- Cyhoeddus Research Paper, UON, Malaysia What is the purpose of the statistical test & E.g. the purpose of regression analysis is to estimate the relationship
