Benefits of Making Money Online Selling $7 Products

We keep hearing about the $7 products being the best bet to earn money quickly. Understanding the meat of the concept is very important, instead of blindly getting into things. They will bring you good results, the likes of which you may have never seen.

Information products are difficult to sell if they are priced too high. When they are priced too low, people still hesitate to buy them, thinking they may be worthless. As with anything else, when given away free, the hold zero value. This is where $7 products entered into the picture and basically found a middle ground, and it works like a charm every time. How many people are there that will not be willing to spend the cost of a lunch on information that could make them money or solve their problem? See, how it works? It is foolproof because refunds are virtually eliminated.

Let us look at a few benefits that $7 products have over other products.

Benefit of ‘no’ support
With a $7 product, there is no need to provide any support. Most of them are very small digital information products and it hardly takes any time to get them together. For something so small that costs less, you are not expected to provide any sort of support.

Easy to sell
Just think about it. If you are trying to sell an $87 ebook, what do you have to do? You have to have a sales page and good graphics. The reason being, getting people to buy an expensive product is not easy and they need a lot of convincing, for them to understand the value.
Whereas, with a $7 product, there is no need of a fancy sales page and nobody expects it. In fact, it would look odd if you were to put up a $500 sales page to sell a low cost info product that prices at $7. The amount of work that you need to do is very less.

Length of the product
The main benefit is that they don’t have to be very long and because of this, they can be created easily. There are people that can create a product in a day without any hassle. Because it is easy to knock more of them faster, it means more profits because you will make more sales.Making money
I know you must be thinking that you are only making $7 for each product sold. You must understand that the way $7 products are put together, you will make much more than $7 in the long run. How? Most people, when they put together a product, also add affiliate links inside the books, to programs they promote, and make sales from what is called the backend. This means, that with every $7 product, you also have the potential to make much more than $7.

Building a list
A great thing about these products is that you can build your list easily. The person who actually created this $7 products built that into the system and it is pure genius. You get a $7 sale and some backend sales, and also get those people on your list, enabling you to send them other offers of products that you create down the road. Imagine, how many sales you could make and how many people you can have on your list, if you keep offering them $7 products.

Affiliates for selling
I know what you want to know. Why would anybody want to sell my book as an affiliate? There is something beautiful about the system. They would certainly love to do this for you, because you would offer them the total sale money as commission, all 100% of it. In turn, you get to put them on your list. It is in-built in the script too. Another great incentive for the affiliates is that unlike Clickbank, where they need to wait at least 2 weeks before getting paid, here they get paid instantly to their Paypal. People love this instant cash, as this is one of the most viral things there is on the net. Whenever someone buys this report from one of your affiliates, with the help of the script, the buyer’s name and email address is collected, ensuring more people for your list. All you need to do is install the script on your server.

Believe me, there are several benefits in selling $7 products. It is a very simple system you will ever see for selling any product online. All you need to make sure is that you have the right product. The only thing you may need for your products and this is something you may not be able to do yourself if you are not used to it, is creating custom ecovers. The reports may be cheap but you still must ensure they have a good-looking cover. There are plenty online if you cannot afford a professional to do it for you.

There is no question that $7 product is a great concept. If you put together a great product, you will be able to make a pretty decent profit or use it to build your list by having others sell it, or do both.