HOW TO DO INFORMATION MARKETING AND MAKE ONE MILLION NAIRA IN A MONTH

BUSINESS COACHINGS
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How to Make one Million Naira = 3000dollars In a Month

There has been a lot of information about the right type of business you can do, but the best business you can do is the one with less cost and more profit. This business idea I am about to share with you can make you One million naira every month or even more if you do it right. This Business is called INFORMATION MARKETING.

Information marketing is a very common type of business as you always see a lot of people advertising ”how to do this”, ”how to do that” on Facebook Instagram, radio and television, you might not know it a lucrative business but I am here to let you know it is because knowledge about what they don’t know and want to know is one of the things people will readily part their money with.

So how will you do it in a modern and special way and stand out?

Firstly, what is an information product? In layman’s terms, an information product is anything that teaches you how to do something. It could be an ebook on email marketing, a screenshot tutorial on web development, a video demonstration on cooking Ogbono soup
a seminar on video editing, a book on direct marketing, etc. Different formats. It could be physical or digital/downloadable but for the purpose of this article and if you consider the effects of the coronavirus, we will be concentrating on the digital/downloadable aspects.

Do people buy information products? Yes. I have been selling it since 2003 and I will sell it forever. It is the lazy man’s way to making money. You can surely make millions monthly doing it. Let me take you to step by step on how you can do it. I’m the best when it comes to this.

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Do not say “page 3″ took me 3 days to write”. No one cares. Say, “on page 3, you will discover the secrets of determining if she is faking orgasm”. Or something like “discover the food recipe my grandma from Benin used that kept my grandpa from cheating for 56 years.
Step 4: Get traffic: You need people to see your offer. You have a great product and a mad sales letter. If no one sees it, what’s the point? You need to get people to the page where you have the sales letter. You can use Facebook ads. That for me is the fastest way.
Step 5: Get your pricing and calculations right: This is super important, so listen up. You have to calculate the percentage of people visiting your page vs how many are buying. Let’s say you buy traffic for 10 cents per click. 100 clicks will cost you $10 (N3,700.00)
If one person out of 100 buys (and your product is priced at N2,500), then you would have lost money. Your options are, cheaper adverts or get your sales to letter better to convert better than 1% or increase your price. You can try all the options but let’s pick increasing price

Let’s assume you increase your price to N10,000.00 and the conversion remains the same, then your profit here will be N6,300.00. The next thing you should is to repeat the ad and increase your budget. $1,000 ads will give you 10,000 clicks. That is 100 sales. Got the math

 

Multiply that by N10,000.00 and you have one million naira. Neat profit. Just rinse and repeat. Once you find one working formula, Milk it dry. I know there are other factors to consider. Some fees here and there for tools to make it easier for you but I kept it simple.

Reference : Akin Alabi , Raji Jamiu Lubuola

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