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
- Supply Chain Management Assignment, UiTM, Malaysia Create a manufacturing company that acts as an end-product manufacturer. Your company must be in a developing
- DFN5214: Fundamentals of Finance 2 Assignment, MMU, Malaysia Mutiara Berhad is interested in measuring its overall cost of capital. The current investigation has gathered the following data
- BDA101: Two datasets about games on the Steam platform have been provided to you on the LMS: Analytics for Decision Making Assignment, HU, Malaysia
- BBBL2023: Commercial Law Assignment, TARC, Malaysia Thomas is a part-time lecturer at Perdana College, a private college in Kuala Lumpur. He wanted to buy a new laptop
- FIT3155: Advanced Data Structures and Algorithms Assignment, MUM, Malaysia Develop a Java program using STACK CONCEPT that is able to do ALL of the following requirements as below
- Mass Transfer Assignment, MUM, Malaysia Sulfur dioxide (SO₂) is a harmful gas primarily emitted from fossil fuel combustion at the TAPCO power plant
- ADS404: Introduction to Public Administration Assignment, UiTM, Malaysia All the country in the world has their own system to govern their state such as democratic, communist, totalitarian
- BDNG3103: Introductory International Business Assignment, OUM, Malaysia Assume that Proton plans to expand its market by setting up a new production facility in Saudi Arabia in the year 2023
- HMEF5113 Statistics For Educational Research Assignment, OUM, Malaysia Students in the experimental group learned via the use of VLE while those in the control group learned under the conventional
- STA404: Statistics for Business and Social Sciences Assignment, UiTM, Malaysia A dairy products factory wants to know the milk flavor preferred by the buyers