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.
Stuck in Completing this Assignment and feeling stressed ? Take our Private Writing Services.
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.
Are You Searching Answer of this Question? Request Malaysian Writers to Write a plagiarism Free Copy for You.
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
- Data Organization and Information Management in Daily Life, Individual Assignment, Malaysia
- Philosophy Of Education Essay, LUC, Malaysia Vivekananda stated that ‘Education is the manifestation of the perfection already in man’. Explain with reference
- You are a manager at ABC Share Registrars Sdn. Bhd. (ABC), which provides share registration services: Advance Company Secretarial Practice Assignment. UPTM, Malaysia
- Information Technology Assignment, APU, Malaysia List and explain the IT hardware requirements needed in each branch to allow communication between each office
- EED308/05: “Teachers need to equip students with 21st century skills like critical thinking, creativity, collaboration: English Language Teaching in Malaysia Assignment, WOU, Malaysia
- BKC1253: Physical Chemistry Assignment, UMP, Malaysia A researcher wishes to determine the molar mass of a metal and a nonvolatile solute. For the metal determination
- NBHS1213: Discuss the anatomy and physiology of a peripheral circulatory system as well as the pathophysiology of a cardiopulmonary system for a patient: Anatomy And Physiology 2, Assignment, OUM, Malaysia
- NBNS3224: Obstetric and Gynaecology Assignment, OUM, Malaysia Madam M, aged 28 years, is a primigravida of 12 weeks gestation. She was admitted to the ward because of threatened
- BBPS4103: Strategic Management Assignment, OUM, Malaysia Assume that you are a consultant and Mr. Chuah Mun Soong wanted a second opinion from you on Flat Cargo Berhad
- FAR460: Accounting Financial and Reporting 2 Assignment, UTM, Malaysia Help Bhd has been involved in manufacturing and supplying gloves and related products. The company continues to record success