One Penny Project - Make Money Research, Testing and Reporting

Sunday, June 24, 2007

Easy Money - Easy Competition

If your business couldn't hide it's marketing and sales how easy would it be for competition to move in on you?

I was shocked at how many people are making easy money selling information products on Ebay. The research I was doing the past 4 weeks was partially on Ebay. It was so easy to find successful sellers.

This got me thinking about how easy it would be to move right into a niche that is already showing signs of success and outdo the other seller. Then I thought, what if someone does this to me.

Now back to the successful sellers. Some of these guys are making over $1,000 an hour! A few of them even have crappy sales letters. I could easily make a video product and take most of their customers from them. But I think instead of being a direct competitor, I might make a companion product. Then I can ask the current niche leader to promote my product to their list for a percentage of the profit. Win-win, they make extra money from existing customers and I make money without any advertising expense.

Today I have to run to the post office to ship the stuff I sold on Ebay & another site last week. Digital delivery is so much easier and requires much less time. Plus with a video product I can burn it on a DVD and increase the value. Try doing that with an eBook.

If you want to learn how to make videos that sell on Ebay, click the link below. Make sure you see [affiliate = beachbumis.OPP] at the bottom of the payment page. I have a special bonus to email everyone who buys from my link.

Sell videos on Ebay - Click Here

Take Care,

Michael