(1) Huge profit margins
You can make a tremendous amount of profits from the sale of information. In fact, your margin can be as high as 100 percent.
It is about 97% if you minus the 3 percent you pay to your merchant account.
Compare this with selling a physical product where you have to ship, keep the inventory or perhaps hire employees to do the work; this category eliminates the need for all these headaches. You can retain most of the profits from selling an info product. copper chef bacon crisper
(2) Location independent business
You can create this product from your kitchen table, right at the beach or even travelling in an airplane. You are no longer restricted to a geographical location. What you need is a laptop and you can begin creating your product from anywhere in the world. This is one of the perfect businesses for people who like to travel.
For instance, you can see many popular travel bloggers who manage to update their blogs once a week from wherever they are and create extra eBooks, membership sites and other digital downloadable products while travelling. This business provides them with a means to support their travels.
(3) You can run on autopilot.
Once you have created your product, you can run it on autopilot. You can simply upload the product to your merchant account and it fulfills the order for you whenever someone purchases it. You do not have to be physically involved in the process of fulfilling the orders.
This also makes it a residual income business. Once you have set up the systems, it makes you money whether you are out playing, travelling or busy taking care of your children. In addition, you will wake up richer every day. I know of information marketers who check their PayPal accounts the moment they wake up and realize that they have made a few orders the night before when they were asleep. I believe no other business provides this kind of flexibility and convenience for its owners as an information business.
These are the top 3 benefits of owning a digital downloadable info product. Your website works for you 24 hours a day, 7 days a week and no longer needs to take holidays. In fact, you can be the one taking a vacation and have it work for you every day of the year. To see the blueprints to set up this kind of cash machine online, go to MyFirstmagicButton.com to download my free report now. Hurry, while it is still available.
Cindy Siow is the owner of the website MyFirstMagicButton. MyFirstMagicButton is a system that enables virtually anyone to create an extra stream of passive income right from the comfort of their home. It’s like having your own ‘magic button’ where you can spin off cash almost like clockwork.