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
- Pharmacy Practice Assignment, USM, Malaysia Prevalence and risk factors of metabolic syndrome among Malaysians, impact of educational interventions on the knowledge of the risk factors
- MGT4231E: Intercultural Management Assignment, IIU, Malaysia The key to a successful organization is to have a culture based on a strongly held and widely shared set of beliefs
- What is the impact of earning volatility on accounting comparability of SMEs in economy development ?: Business Research Project Thesis, MISI, Malaysia
- Project Management Research Paper, CU, Malaysia Loyalty is one of the greatest intangible assets that any organization can possess and improving client loyalty
- BAPS2003: Basic Power System and Electric Machines Assignment, UON, Malaysia What are the tests that should be conducted to ensure the efficiency of the transformer:
- FIN30014: Financial Risk Management Case Study, SUT, Malaysia Identify ONE financial risk faced by Alphabet Inc given the above scenario Systematically review and critically evaluate research from a variety
- Algorithms and Data Structure Assignment, UTM, Malaysia Analyse general problem-solving strategies and algorithmic paradigms, and apply them to solving new problems
- BBTS 2133 Assignment – Student Information Management System (SIMS)
- Critical Thinking Communication Assignment, UMS, Malaysia The authors sought to understand the types of parent involvement that teachers, parents, and students believe affect
- Java Programming Assignment, UniKL, Malaysia The application shall display all the GUI components as illustrated in the figure. Users need to enter details
