The
Easiest and Hottest Products to Sell Online - Part 2
by: Corey Rudl
Software is another hot product to
sell online. There are a couple of reasons for this. First, everyone
who is online has a computer, so they’re pre-qualified. All you
have to do now is find a niche market that needs a problem solved,
then find a software product that solves that problem.
The Quest
Let me use an example that happened to
me directly.
In my business I noticed that there was
a need for a program that would automate Internet business without
having to get all CGI, Perl, and Visual Basic scripts custom-made
by a programmer. I did know of a programmer who was skilled
enough to develop what I wanted; but if I had to build this
software from the ground up, I could be looking at $50,000 in
development costs (software development is not cheap)!
I needed a software package to:
- Automatically check e-mail for me
daily.
- Automatically subscribe and unsubscribe
people to a newsletter.
- Send out any autoresponders from ads
which have run.
- Automatically put orders that I receive
online into a database format.
- Send my personalized bulk e-mail to
my past clients to follow up with them (and get back-end sales).
- Allow me to post to multiple newsgroups
without getting canceled by the "cancel-bots."
- And much more.
The most important thing was that I wanted
it to run off of our home PC (not the ISP's server) so I would
have full control of the information -- just like most
home/small businesses want.
I went on a search for such a product
and found one after a few days. It was called Mailloop, but
it was priced quite high at $699 (not something that most people
with a small or home-based business could afford). It didn't
have everything I felt was necessary, so I got a hold of the
programmer and convinced him to re-do a few portions of the
program and to add some features I thought were fantastic (and
extremely valuable to small-/home-business owners who would
like to automate their Internet business).
Also, with a good stroke of luck and
a little convincing, the price was reduced to under $400 --
which was about the same as what you would pay for other "bulk"
e-mail programs that were on the market at that time (like Net
Contact, Extractor Pro, etc.). The advantage was that the revised
Mailloop also included so many other features to help people
automate their entire Internet business! For example, it included
a fully automated scheduler, newsletter server, unlimited autoresponders,
newsgroup poster, etc. In other words, Mailloop now really had
value! Lots of value!
Becoming a Reseller
To make a long story short, I entered
into a joint venture whereby I became a reseller for them. I
didn't want to be too pushy and ask for exclusive distribution
rights (and I was not sure if I would be able to sell enough
copies to justify it).
A key factor was motivation: I did not
sell Mailloop to make a profit, I sold Mailloop because I used
the product and I truly believed that there was nothing out
there that even compared to it. That enthusiasm came out in
all of my sales letters and web pages about Mailloop -- which
translated into a large volume of sales.
Important Note: You can't just
sell a product or service because it makes you money. You have
to truly believe in it. If you don't, your lack of enthusiasm
will show in your sales letters and web pages -- and you will
fail. I would never sell anything to my client base that I didn't
personally use and that I wouldn't defend 100%.
Within 3 months after we started to sell
Mailloop, we were selling more copies in one month than the
programmer had sold all year!
With these numbers, we decided to buy
the company out. We now have the worldwide exclusive distribution
rights to Mailloop. In other words, any copy of Mailloop that
is sold anywhere in the world or through any reseller has to
go through our office.
The Moral of Joint-Venturing
I had a niche market with a problem to
solve. I joint-ventured with a software company to fill this
need, and the results were so impressive that not only did I
make a very good profit, but I bought out the company!
Of course, you don't have to go to this
extent (of buying the company out) to joint-venture with a software
company. It can be as simple as finding a piece of software
on the Net that is absolutely fantastic and offering to market
it for them for a percentage of the profits – i.e., becoming
a reseller for them. For example, you could search the Net for
software that you think is great but whose company hasn’t marketed
it well. There is a great deal of brilliant software on the
Net, but the owners often lack marketing know-how.
The other angle is to find a need in
a niche market and then find a piece of software that you
truly believe in which will solve that problem. As long
as you have a good sales letter, good sales process, and good
promotion, you will be successful.
If you’d like to find out more about
joint venturing, go to http://www.marketingtips.com/t.cgi/27819/
to find out more -- including how to get exclusive distribution
rights to software without spending any money or having the
owner of the software risk anything (a complete win-win situation!).
In the course, you will receive copies of the exact Joint Venture
Contract we use to protect ourselves when we do joint ventures
(to make sure we are not liable for their mistakes and that
we are guaranteed payment). Just photocopy them and use them
for your own joint ventures.
Corey Rudl gets over four million visitors
to his web sites yearly, does 5.2 million dollars in sales online
each year (yes, $5,200,000), and personally makes hundreds of
thousands of dollars from his online businesses... all from
his one small office. Visit his site at Internet Marketing Center
where he reveals all of his unconventional tips, tricks and
techniques with examples so you can learn the most efficient
and fastest ways to make money on the Internet.
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