VPT Solution 17 by Ed Walters

15th July 2009

Harry Potter And The Magic Of Public Domain Info Ventures

Hi Friend,

After covering the public domain and how you can use it to start your own broker business in recent weeks, I thought I’d expand a little and show you the vast opportunities that lie waiting for you with the public domain.

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Ideas For Public Domain Info Ventures

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Let’s start with a quick recap. The public domain describes creative works in which the copyright has expired, or there was never any copyright at all. A basic rule is anything published before 1923 in America is in the public domain. This means you can grab these ready made products and do literally anything you want with them.

For example, many of you will have heard me talk of the classic book ‘Think And Grow Rich’ by Napoleon Hill. This fantastic book has sold over thirty million copies worldwide and is considered to be one of the greatest success classics of all time.  Guess what. It’s in the public domain. I have seen this book be taken from the public domain, updated, turned into an audio version and made into video format. These new products were then sold countless times over generating a substantial profit for the clever creator and owner of the new versions.

That process shows you just how simple it is to create your own updated unique version of any literary gem. What’s more, you will then own the copyright for your new version which you could then sell for seventy odd quid. Hardly any hard work or thinking needed whatsoever.

Here’s another example. I got hold of a book from the public domain that teaches people how to play the saxophone. I grabbed that book, turned it into a video product and coupled it with a book I got from the public domain on reading music. Music is just one niche you could exploit. There are hundreds of others just ready and waiting for you, the savvy entrepreneur, to get your hands on them.

One thing that you can do with the public domain books is grab them and just read them into a microphone and voila you have an audio product.  Turn that into video using Microsoft PowerPoint and all of a sudden you have yourself a home study course to sell online.

That’s one simple way to turn ready made products into an info product. Simply change the format of the content – use some of the amazing modern day media and create a product that will be irresistible to the consumer. Hardly rocket science, but this is an amazing way to get your hands on a ready made publishing business.

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Public Domain Membership Sites
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I actually handed the saxophone business to my friend who’s a keen sax player. I explained to her the importance of back end revenue so she’s currently out sourcing more saxophone based books in the public domain, as well as songs that are in the public domain.

She’s creating a membership site packed full of content on playing the sax, and the majority of it is coming from the public domain! She’s also adding her own videos on how to play famous songs. Once this gets up and running and because she’s created  a modern user friendly format (unlike most of her competitors who are promoting just plain old books that don’t bring the saxophone to life) she’ll have the potential to dominate this niche market.

And this is what you could be doing. You can grab a whole host of public domain products and then chop them up into articles, audio and even better a little bit of video and put them into a member’s area. Using sites like www.memberstar.com you can create a membership site without any technical knowledge. 

Recurring revenue gives you an amazing feeling of financial security, knowing you’ll get paid month in month out. It’s even better when you’re just grabbing ready made products from the public domain and using them to create your very own membership site.

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Viral Integration
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The idea behind this is like word of mouth advertising, which is the best kind. We’ve all visited (or avoided) restaurants because we’ve been told they serve excellent food (or the chef sucks!). This is the same kind of thing. If something is good people pass on the information to others. Viral marketing works in the same way.

Now here’s the trick. By grabbing ready made public domain products which don‘t have any copyright, inserting a few links to related products, and then contacting people who have sites on the subject we can make commissions for recommending products inside the ebook. You don’t need a web site or any marketing skills. You just need a little bit of creativity.

The site owner can add the book to their site as a bonus for what they are selling. Or they can just give it away. It’s all about providing people with value to give to their customers. Mark Joyner (often referred to as the godfather of internet business) calls this “integration marketing” and uses this with some pretty awesome results.

Think about it for a second. Let’s say you were selling a product on rose gardening. Someone sends you an email and offers you a chance to add a complete (and quality) ebook to the package you are selling and you won’t have to pay them a penny. Would you do it? I know I would. Without any effort you can add a higher perceived value to the product you’re selling. Add it as a bonus for people who sign up and it will increase sales (in most cases).

If you want to see an actual relevant example of a viral marketing tool go to my affiliate program at:

http://www.virtualpropertytycoon.com/affiliates.htm

Download the VPT Viral Report and you’ll see exactly what I mean. In fact this is one of the many techniques I have used with great success to promote Virtual Property Tycoon so take it from me it’s an immensely powerful internet marketing strategy.

On top of that, anyone who gets their hands on your ebook can pass it on to others. They can add it as a bonus to their web site if they have one. They can send it to their email list if they have one. They can send it to friends and family who have an interest in the subject of the book. Very soon you can see a viral effect start to happen. Your book will spread around the internet like wild fire and you can start getting sent regular cheques from Clickbank the lazy way.

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Article Marketing
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This is another little cracker. Like integration marketing you’ll be recommending other people’s products for a commission. What you can do is get hold of some books on landscaping a garden, for example. You can chop the books up into interesting articles of around five hundred to seven hundred words or so.  At the end of the article you have what’s called an authors resource box. In the resource box you link to an affiliate product related to the article.

So, for this example, you could find a garden landscaping ebook at Clickbank.com and link to it in your resource box. Then you can go to article directories like go articles.com and ezinearticles.com and start submitting your articles to them. It won’t cost you a penny, and your article can be picked up by web site owners or eletter owners with big subscriber lists of people interested in gardening.

Now a lot of article directories don’t accept affiliate links. The best thing to do here is set up what is called a “redirect” on a domain name you own. (You may have heard me mention this in previous newsletters – but it’s such a great trick that it’s well worth reiterating).

Essentially what happens is when someone clicks on your link, which can be your own domain name, they will automatically be redirected, via your affiliate link, to the product you’re promoting. www.Godaddy.com offer this service if you get a domain name from them.

There are so many opportunities with the public domain. All you need is a little bit of creativity. Why not incorporate all of these strategies into one info publishing empire?

Unfortunately we don’t have a wand to magic money out of thin air like Harry Potter. But we are lucky enough to have unlimited access to the magic of the public domain and with a little bit of internet wizardry you can make money whilst you sleep. Give it a go and I’d love to hear how you get on.

Speak to you next week

Ed Walters

P.S. The feedback I have received on Adam Berry in recent weeks has been astonishing. He has given a few review copies of his new course to myself and another well known marketing expert. From what I have seen so far this course is the best course I have ever seen on making a fortune on the net without a web site, a product, any marketing or any costs.

P.P.S. Adam had planned to release it this week but being the guy he is he wants it perfect before he releases it. There is a very cool "twist" he is giving to those who act fast when it's released. Don't worry I'll tell you when it goes live. And no, I won't be doing it for the commissions. In fact I won't even be promoting it by an affiliate link. This course is that good Adam deserves all the plaudits.

P.P.P.S. Not making a killing from virtual property yet? Check out the full course at:

www.virtualpropertytycoon.com

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