Teleseminars are probably the single most prolific source for new products.
One teleseminar can produce at least 20 streams of income or marketing strategies (and counting).
1.
Charge for the teleseminar 2.
Edit the audio and that becomes a product.
3, 4, 5.
Extract portions of the audio to turn it into more than one audio product, an RSS Feed, an audio on your blog, Tips for a new website, etc.
6.
Get the teleseminar transcribed and the audio and transcript become a packaged product.
7, 8, & 9.
Using the transcript from the teleseminar, extract portions for multiple articles.
10.
The transcript of just one hour-long teleseminar is perfect for a Special Report.
11, 12, & 13.
Use portions of the transcript for magazine or EzineArticles.
One hour-long teleseminar will probably produce about three articles.
14.
Using the transcript from one hour-long teleseminar is perfect for a chapter in your book, ebook or home study course.
One hour-long teleseminar will usually produce about 20-30 pages.
15, 16, 17, & 18.
.
Combine several teleseminar transcripts and they become a book, eBook, eCourse or home study course.
19.
RSS Feed.
20.
Blog entries.
There are more and I'm sure I'll be increasing this list for days.
I had to stop at 20 because this article was becoming too long.
A transcript of an hour-long teleseminar, which you can get for less than $100,plays an important role in either helping to market or create at least 14 of the above listed items.
What is an information product?All of us already have knowledge aboutmany different things.
Sometimes we feel that because we know something so well, everyone else must alreadyknow it.
That isn't true.
Information that you can give to other people is important to them and there is somebody who would love to have your knowledge, even though you think that everybody already knows all about that subject.
There may be other people with the same knowledge, and you may hear someone say, "Oh, I know all about that.
" That can sometimes be discouraging and intimidating.
But don't let that daunt you.
There will still be plenty of people who would like to have your knowledge.
You just have to get it out of your mind and onto paper.
Record your knowledge and get it transcribed, and prosper from it.
What is transcription?Transcription is taking an audio recording and typing out the words so that they are a written document, usually a Word document.
In it's literal sense, transcription of an audio is word-for-word of what is said, leaving in all the grammatical errors, ums, ahs, etc.
Working closely with a transcription service, they can help you edit out most of these unwanted phrases.
Thus you have created another product to complement your audio product.