Here's 5 ways to make money
Which one of these methods do you think is the best for making money?
Method 1 Tell people what they need to do
Pros less knowledge for creator, can create a smaller product as it contains less knowledge, create product quickly
Cons not perceived as having much value, creator not perceived as having much knowledge, customer needs to learn how to do whasty is described
Method 2 Tell people how to do something
Pros higher perceived value, customer can do what the says without learning anything else
Cons Need to know more, need to provide a more substantial product
Method 3 Show people how to do something - video / in person
Pros much higher perceived value, easier for customer to learn when they can see what to do
Cons time to meet people, more skills needed to create videos, expensive to outsource video creation
Method 4 Make a tool
Pros customer's work load consioderably reduced, some things can be done that would be impractible for a person to do
Cons need skills to create tool, need to make sure that you outsource to someone who can and will create the tool, need to think carefully about making the tool user friendly
Method 5 Provide a service
Pros no work for customer, can get to know what each individual customer wants and adapt your service aoppropriately
Cons ongoing work load for person providing the service
Summary
Work for customer - decreases as you go from method 1 to method 5
Work for creator - increases as you go from method 1 to method 5
Price you can charge - increases as you go from method 1 to method 5
66 ways to get links (and traffic) to your site.
Here is where I work now: www.LohasDigital.com
Here is where I work now: www.LohasDigital.com
- Harry Behrens