Growing your online income from nothing to a fulltime income is not only possible, but it's been done by countless of others before you. But almost everybody has the same question at the beginning:
How do I get started?
There are a million answers to that question, but this article will be about my favorite option: information marketing. Never before has there been a product class that can deliver incredible profit margins, amazing speed to market, and low competition at the same time.
But information marketing does just that.
Let's talk about this in detail:
First let me say, in no ambiguous terms, that there has never been a batter time to start growing an online income. Internet marketing is absolutely exploding... and this expansion is opening up more opportunities every day.
Even in our current recession, there are tons of online business owners pulling down big figures every week. This is because, even when money is tight, folks need certain things and still have problems they want solved.
Information marketing is one of the easiest, most profitable areas of online marketing one can get into. It's dependable, because folks always have questions they need answered by an expert. It's profitable, because you are selling ideas instead of something that needs manufacturing plants. And it's relatively simple to do, since there are so many areas where folks need quality information at a good price.
The global economy is shifting from laborers to thought workers. Commerce is fueled by those that sit behind a desk and excel and creating certain thoughts. This might sound far fetched to you... but just think about yourself or maybe those in your social circle.
Salesmen? Thought workers. Writers? Thought workers. Teachers? Thought workers. Programmers? You guessed it... thought worker.
This is what makes information marketing so profitable... all of those thought workers need ideas that will improve their craft. Then when they get home, they need ideas that will make their hobbies and social life better.
This is especially true in the wake of the decline of public education. Especially in the West, we are woefully unequipped to compete in the global marketplace. We need specialized information, offered by experts or marketers that contract experts, to even the playing field.
Add the fact that publishing has never been easier for the "little guy" and you have a recipe for huge opportunity. With nothing more than a computer and a grasp of your native language you can make all kinds of information products people would gladly pay for.
Profit margins are enormous in the information marketing business. This might be reason enough to consider it. Think about it: you never have to contract for a prototype. You never have to have a warehouse. You never have to manufacture anything, beyond a product that sits on your computer's hard drive.
And that one product will be a constant paycheck as long as somebody wants the information you have to offer.
If you haven't picked up the punch line yet, the power of information marketing is staggering. If you plan on building an online income, there isn't a better way to do it... bar none. Don't let this boat pass you by... nobody knows for sure how long the window of opportunity stays open. Hop on board while you can; there's a crowd on shore starving for your insight.