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If
you've spent any amount of time online buying
information type products, then you have no doubt
come across one of these beauties. The infamous $10.00
profit plan products. But these aren't just any ordinary
10 buck products mind you. These are products that will
continually earn you those profits consistently over and
over again for as long as you sell or distribute them.
Why do I use both words sell and distribution? Well,
because many times, when redistributing such $10.00
profit pulling products, they are more commonly given
away free of charge. Even though, they can also be sold
for a small profit. However, the preferred method is to
offer them freely.
But, if you offer such products for free, how on earth
can you earn any money from them? That's the ingenious
part! And I'm going to explain how it's done right now
so you can use this technique also to earn autopilot
$10.00 profits without putting forth any further effort
past creating the product itself.
This $10.00 profit plan is not much different than
creating a free ebook or special report that discusses a
particular product you may be an affiliate to that you
are endorsing. Or, in other words, creating a free viral
product to earn commissions with.
The main difference is that you are not promoting
someone else's product, but rather, your own in a
variety of ways.
And, remember too that it is much, much easier to get a
person to part with $10.00 than it would be to get them
to spend, say, $100.00 on a single product. Of course,
to earn the $100.00 from a $10.00 product, you would
need to sell 10 of them in contrast to selling just one
of the higher priced product. But that goal is easily
attainable with the lower cost involved for your
customers.
Now, before we get into this process though, I must
explain something to you about these types of products.
You may be thinking, "This has got to be some sort of
'scam' like an MLM or Pyramid Scheme". But I assure you,
it isn't at all. Once you read on a bit further, you
will understand perfectly. Every technique explained
within this ebook is 100% legal as you are providing a
product(s) or service for your customers' payments.
With that said, let's begin discussing the five major
$10.00 profit plans that achieve success for their
creators over and over again. . .
There are five different types of products you can apply
this infamous profit plan to that will be discussed
here. Plus, I'll even offer you shining examples of each
one to further drive home the process. Of course, there
are many more profit plan examples scattered about the
internet, but these are the five we will be focusing our
attention on.
We'll begin with the most well known, and most
profitable $10.00 profit plan product and move on to the
other two, not so common forms.
1. The "Rebrand" Plan
Ahh yes. The Rebrand profit plan product. What a well
known product this is! For those of you that know it,
this will simply be a refresher of sorts. And, for those
of you that aren't so familiar with it, you will be
amazed by the sheer simplicity yet effectiveness of this
plan.
Let's first begin with a short, but consice explanation
of precisely what the Rebrand product is.
A
rebrandable product is one in which you allow your
recepients, or those that receive it from you, or
another source such as someone else giving it away, to
change specific aspects of the product. In general,
these are usually designated areas within the product
that can be changed to reflect that person's name, web
site name or URL link, affiliate links, or things of
this nature. These "rebrandable" areas are always
pre-formatted by the product's author or creator.
A
quick example of a "rebrandable" area would be something
like this:
This Product
Presented To You By:
[Your Name]
[Your Website URL
Link]
Each person that has been granted the right to change
this small area, or "rebrand" it with their own
personal, or business, information, will often times pay
a fee for this right. Guess who collects that fee? The
author/creator does! And you never have to do anything
past redistributing it to other people who do all the
difficult "leg work" for you.
Think of it like this. . . .
You sell the "normal", non-brandible version of your
info product to your customer. That's already positive
cash into your account. Then, after this customer
initially buys your product, they discover that for a
one time fee, they can add their name and site URL
within the product before they resell it, or give it
away for free. That is the process of "rebranding".
The pull of a product that is rebrandible is that your
customer will have the ability to possess their own
little traffic generation system within a product they
did not have to create. And each time they sell, or give
away, a copy of the product to their customers, their
business information will be seen. All for a small, one
time, $10.00 fee. Which of course, YOU collect. As
mentioned earlier. But, this fee collection doesn't just
end there with your customers though.
Here's a short break-down of what I mean. . .
Your customer gets a copy of your rebrandible product,
whether free or paid for. They open it up, begin to read
and discover that they can replace your name and URL
link with their own generating more traffic for them.
So, they pay you the $10.00 fee for the rebranding tool
to change the specific area of information, affiliate
links, etc., to earn them traffic and extra money. Now,
after they have rebranded the product, they begin to
follow the same process you did by either reselling the
product, or giving it away for free to their customers.
Once their customers receive their copy, open it, and
begin to read, they come across the same opportunity to
rebrand their newly acquired version for a mere $10.00
fee. So, they decide that they also would like to have a
new traffic generation, money earning product. And they
pay the rebranding fee. Which of course, goes directly
to YOU.
Logically, not everyone that receives a copy of your
product will want to rebrand it. But, even if they
don't, and your information stays in place, you'll still
be earning all that traffic back to your site! Plus, if
you have affiliate links within it, then that's a
greater chance you will have to earn commissions from
those links as well.
Understand as well, that some authors will give away
without charge the product, and the right to rebrand it.
You may be wondering why they do this. Well the reason
is quite simple really.
The author wants to make his product desirable to all
his prospects, or those that he/she hopes to convert
into customers somewhere down the line. So, they give
away something with a perceived value, a la the rebrand
rights, in addition to the product itself.
Now, there is a greater chance that more people will
want this specific product because it is more valuable
to them. Therefore, it stands to reason that more people
will download it, and in turn, after rebranding it with
their own traffic generating info(their own URL), will
freely redistribute it to many more people than the
original author could have accomplished on their own.
But, how will they earn any money from such a product?
As briefly discussed earlier, from specific affiliate
links the author has placed inside the free product.
Many, many online internet marketers earn lots of extra
money by doing this. And anyone else can do this as
well. Including you.
Enter the "special report". What this type of
information product is is one that is usually in PDF
format and discusses one specific topic or subject
matter. In most cases, they are, for lack of a better
word, reviews. Reviews about another product that the
author is an affiliate to. It takes a bit of skill to
create such reports in a manner in which it is not
obvious to the reader that this is simply a review on
another product.
An
example of this is
John Delavera's Best Free
Ebook.
As
you can see, it is available for free download directly
at the top of the page. But, if you read on you will
discover that you can purchase what John calls "Master
Resell Customization Rights" for a small one time fee.
Then you can resell the ebook yourself, and also earn
commissions by redistributing the free version as well.
John is a well known Internet Markter and has been in
the business for quite a long time. This guy knows what
he's doing and you would do well to study his products
and pay attention to him. You will learn oodles from
John.
2. The "Payment" Plan
Another magic money maker can be produced with this
profit plan. What this one consists of is creating a
simple little product, most commonly an .exe ebook, and
the reason for using this format specifically will be
revealed in a few moments, which contains a bit of
content explaining what the ebooks main objective is,
and a link within it to purchase the right to place your
own payment link within it when you pass it around to
others.
The reason for the use of the .exe formatted ebook is
due exclusively to the fact that within an .exe version
of an ebook, you can include things such as payment link
buttons that can be changed quite easily leading to
whomever's merchant account. Not only that, but you can
also make specific content available with an "unlock"
code after the payment is made.
Obviously, all those things mentioned above can be done
within a PDF file, however, this sort of product is also
designed to help you build your mailing list of current
customers. And that requires the use of a "lead capture"
form. Which EXE files are perfect for because rather
than having to provide a link out from your product, you
can simply include it within the product.
Here's how it works. You create an ebook thats main
purpose is to pull in $10.00 bills from everyone you
redistribute it to. The ebook tells people that that is
indeed it's purpose, but that they too can benefit from
the $10.00 payment from everyone they redistribute their
copy of the ebook to.
However, in order to change the payment link to point to
their own merchant account, such as PayPal, they must
first pay in their $10.00 fee. The cost for the payment
link change and the rebranding tool necessary to make
this change. All perfectly legal since they are paying
you for a service and a product.
Let's remember too that some of these products will also
offer a "Brought To You By", or "Distributed By
Authorized Representative", that includes your name or
ID number, and can also include a URL link you specify.
A
stellar example of this is the
PayPal Money Machine.
Many have come before this one, but are all basically
the same in principle. Click the link above to download
a copy of the example product and take a look at it. You
will quickly understand what this profit plan is all
about.
This is, in some ways, similar to the next profit plan,
but different as you will learn, for a variety of
reasons. Due for the most part by the content that is
offered within the ebook, or product.
While not everybody will like this type of $10.00 profit
product, it is quite effective. And, there have been
plenty of variations on it. But all of them have the
same premise, to earn you 10 bucks for every person who
wants to collect those 10 dollar bill payments instead
of you.
3. The "Upsell" Plan
Here we have one of the most commonly used profit plans
for most commonly software products. Have you ever seen
a particular piece of software that comes in three
different versions. For example, a free demo version, a
standard version, and a pro version?
Of
course you can download the "demo" version for free, or
at the very least try it out before you decide whether
or not it's useful enough to purchase. And, sometimes,
the software will no longer function after a specific
amount of time. Then you have no choice but to purchase
it.
That's an "upsell". Major software companies do this.
And so do other smaller software creators. They do it
because this method works!
Although, this isn't the only "upsell-able" product.
There is also the info product package upsell too.
What this consists of is compiling several
info-products, be it ebooks, software, scripts, web
templates, or a combination of them, into a package in
the form of an e-book that is readily downloadable by
your customers.
Then you begin to separate the freely downloadable
content from the upsell/upgrade content, or products if
you will. Now, compile that all into one ebook, this
usually works best for .exe type ebooks so that certain
coding can be used. So for this type of product upgrade
to access more downloadable products, you will often see
them in the aforementioned format.
Realistically, the package profit plan can be priced at
any dollar amount. However, the real trick to this one
is that you can create an "upgrade" download area that
contains even more products in which your reader must
pay a small one time fee to access. Hence, the ingenious
"upsell" profit plan.
While it is true that just by downloading the package
product, the customer will have unfettered access to
some of the products that are available, they can get a
much greater value if they select the "upgraded" option
and will then have access to everything included.
One example that comes to mind is
The
Ultimate Money Typhoon Ebook.
4. The "Resell" Plan
No
profit plan manual would be complete without this little
gem. You may know this one by heart if you are in the
resell rights industry. If not, you will wan to pay very
close attention to this plan because it is an extremely
effective way to earn easy money in a short amount of
time.
Now, you must understand that when I use the term "easy
money" what I am referring to is the fact that you need
not have a physical product which obviously takes more
effort to sell, especially after you have made the sale
via shipping, etc. What the term "easy money" means in
this particular case is that it will be much easier for
you to collect this money with a little less "physical"
work, and NO physical product. But, NEVER, and I mean
NEVER, believe that creating and selling digital, or
intangible, products is an easy task. It is not. But,
with a little bit of intellectual "elbow grease", you
can do it :).
To
explain the entire process of how to create your own
digital, or information product, is beyond the scope of
this small explanatory manual. However, you can get all
the information you need on this process by downloading
a copy of "The Info Product Creation Toolkit".
Besides, you don't have to create your own product to
have the ability to resell. That is what resell rights
are all about. So, say you purchase an information
product that comes with "Master Resell Rights" as a part
of your purchase. Why do I say "Master Resell Rights"?
Well, because you will have the most freedom in
reselling and the best chance of making a sale with
these types of resell rights products.
The reason being is that with a "Master Resell Rights"
license not only can YOU resell the product, but you can
also pass on this right to your customers. This is the
reason why Master rights are so desirable.
A
fantastic example of this is the
Virtual Vending Machine Ebook. And another
outstanding example is "The $10,000 Auction". With both
of these resellable ebooks, they sell for a minimum cost
of $10.00 and because of their subject matter, the
process of earning money online, they are strong
sellers. Money is always a hot topic that will always
sell because people always want more money and are
eagerly looking for creative ways to earn it.
Beyond this, the small price of $10.00 to learn how to
make more money is not much to part with, so making the
sale is that much easier for the seller.
5. The "OTO" Plan
Whether you have actually heard of this profiting plan,
I can almost guarantee you that you've come across it.
This is one of the most ingenius "back end" profit
pulling plans you can use to boost your overall income.
And, here's the reason why. . .
When you use the "OTO", or One Time Offer, plan, you are
offering someone that has already had enough trust in
you to make a purchase, or sign up for a free offer. So,
the hard part of sucking in your customer is done with.
Now, how this works is there is a mid-section page that
will be shown to your customers throughout the order
process. Huh?!? Okay, you know that whenever you place
an order online for a product you must go through the
payment process. Be it PayPal, ClickBank, 2CheckOut, or
a similar system. Then, once the payment portion is
completed, you are redirected to the "thank you" page
where you can retrieve your product.
In
between those two pages is where you place your "OTO"
page. And, since your customer has already spent money,
this is the perfect opportunity to sell to them again,
while they're in the buying mood.
You can use a separate product offer with special
discounted pricing, an upgrade to the product you are
currently selling that your customer has just purchased,
etc. All that information will go on that page. Plus,
there will be two form buttons at the bottom of your
"special offer" page where your customer can choose to
either accept your offer, or reject it.
Either way, you've still made a profit from them. The
hope with the "OTO" is to make just a little bit more
:-).
Realize too, that this isn't the only way you can use
the "OTO" plan though. Everyone has experienced the
dreaded 404/File Not Found/Page Not Found error from
time to time. So, why not customize your 404 pages with
a "OTO"?
Many successful marketers have done this and made an
otherwise dead sale. Another easy way to profit from a
mistake!
Plus, there's always the free giveaways you can place a
"OTO" offer inside of too. Before your visitor's sign up
is complete, show 'em your special, discounted "OTO".
You never know. It might just interest them. So never
count out your "freebie" customers. Most will indeed be
lookers, but some, even if it's just a handful, will be
buyers through and through that will appreciate a great
money saving offer.
A
superb product that describes this entire process is
OTO
Secrets. If this profit plan interests
you, then you should seriously consider picking up a
copy.
Conclusion
Well, now that you know about the five different ways in
which you can increase your bottom line $10.00 at a
time, then you should try to use them within your daily
business plan.
Believe me, it may seem at first as if you must do more
work to make the most money, over time, you will see the
benefits as your income base increases. Every little bit
helps. And the smaller payouts will give a nice little
"kick" to your bank account.
Remember, as I said earlier, it is much more easy to
have a stranger part with a smaller dollar amount, like
$10.00, to have fast access to helpful information, than
it is to have them trust you enough to shell out $100.00
and up.
I
wish you all the greatest success in your online
business endeavors and hope that this short little ebook
helped you find some interesting ways to add to your
profits!
Sincerely,
http://www.DigitalDollars101.com
P.S. -
A WORD OF CAUTION BEFORE YOU
CLOSE THIS E-GUIDE
There are plenty of scammers out there just waiting for
a "sucker" to come along and fill up their bank account
with. And, it could just be YOU if you don't know what
to watch out for. That's why I've included a profit plan
you need to steer clear of.
The "Easy Money" Plan
To Stay Away From
This one is the most common and has been around for
years. Incredibly, it still is! You've probably received
countless emails or "snail" mailings telling you that
you can get unstoppable $5.00 payments into your bank or
PayPal account by only spending $5.00 and paying the
first person on the list.
Of
course, this is more commonly referred to as an MLM, or
Pyramid Scheme. With this type of plan, the creator
isn't exactly offering a real product, but rather, a way
to earn money from others who join in on this
"pay-to-play" set up.
A
word of caution with this plan, most payment gateways
such as PayPal frown upon this sort of thing, and will
definitely terminate your account if you are found to be
doing this sort of thing.
Some of these "easy money" plan participants have found
very sneaky ways around this. And that is. . . .To have
you include a note with your payment that you are
purchasing a subscription to their mailing list, or
newsletter. In and of itself, that is not illegal. Many
newsletter authors have a paid subscription in place to
have access to their information sent off to you.
When this type of plan becomes a problem is when you
don't have a newsletter to begin with. Then you could be
in some serious trouble later on down the line.
Now, while I personally DO NOT endorse this type of
program to earn money from, it's important to include it
here if for no other reason than to make you aware of it
so that you don't fall into this scheme and end up
losing your money. |