More Money Method #7: Add Value, Get Paid

This is one of my favorite “more money methods”, Because it starts with resources you already have on hand.

If you already sell information products-things like e-books, special reports, or other downloadable information, you got the hard part already done. You've created a product.

My suggestion is to add value to that product, and sell it for a much higher price than you're currently getting. How do you do that? Simple…

Turn your digital products into physical products-and pocket a hefty profit!

For some reason, people may be willing to pay only $27 for your e-book… Or maybe you're getting $37, or even $47… But take that same e-book, put it inside an attractive three ring binder, and add audio CDs of you reading the material out loud, and suddenly customers may be willing to pay $197… $297… Or even more.

Like most of my other “more money methods”, this is not something new. Motivational speakers and self-help gurus have known the secret for a long time. That's why your favorite motivational speaker may charge $15 for his book at Barnes & Noble, while he charges $197 for the CD training set based on the book… And $5000 for the live seminar training that contains the same information!

So, time to start thinking about what products you have gathering “digital dust” on your hard drive. Could you dust them off, turn them into physical products, and charge more money for them? Chances are, the answer is yes.

If you're interested in knowing more about how to do this, you're sure to enjoy my new video training and “how to” manual, “10 Proven Ways to Make $10,000 Per Month”. You can only get it if you're a member of my Writing Riches Community. Click here to learn more.

Ray Edwards is a world-renowned copywriter and communications strategist, writing for some of the most powerful voices in leadership and business including New York Times bestselling authors Jack Canfield and Mark Victor Hansen (Chicken Soup for the Soul) and Tony Robbins. Ray is a sought-after speaker and author, hosts a popular weekly podcast, and blogs at RayEdwards.com.

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