VPT Solution 19 by Ed Walters

29th/30th July 2009

Virtual Property Income With Niche Software Programs

Hi Friend,

Firstly, I must apologise for this week’s newsletter being a day late. A very good old friend has just arrived from Australia and yesterday the least I could do was provide him with some good old British entertainment (namely a visit to the pub). We reminisced about our London days and before I knew it, it was 2 o’clock in the morning!

Anthony is actually an amazing guy and possibly one of the most creative free spirits that I’ve ever met. He’s also heavily into internet marketing and is blazing a trail into the Spanish speaking markets. If you remember last week I was talking about various untapped foreign markets and the potentially huge revenues that are there to be harvested by people motivated enough to introduce their info products into those countries. Well Anthony is doing just that and, so far, with great success.

On to this week and how to generate a virtual property income with niche software programs…

Niche software programs is an area of online business where there seems to be very little information. However, it is extremely lucrative and can make you a shed load of money if you do it properly.

What market is this? The software market! So many people concentrate on the more common online business models but very few ever mention just how much money you can make from selling software to a niche in need.

Now don’t panic you don’t need to create the software yourself (obviously) you just need to be able to have an eye for a market in need of a piece of software to solve a problem. For example, recently someone invented a piece of software to be installed on a child’s phone so parents can track their location once they have signed up to a web site.

This isn’t out yet but will be huge when it is released. This simple idea will make the creator a millionaire, and whilst I’m not saying you enter the software market in a massive way like that, you can certainly get started online for just a few hundred dollars.

The great thing about software is if it fills a need that people are desperate for they will buy without you needing fancy sales letters and good copy. It’s not so much of a hard sell as say, an ebook, as people will need it to achieve something that they cannot at the moment. The software to business market is huge, and you can enter it catering for internet marketers such as myself and readers of this e-letter who have their own web businesses.

So how do you get started?

How do you find an idea that could potentially make you a fortune? Well here’s the thing, there’s no real hard and fast rule to finding ideas, hence the massive lack of information on the subject. It really is down to your ability to be able to recognise a lack of service in any market 

In the internet marketing niche (how to make money online) there’s a huge amount of scope for ideas. Mike Filsaimes “Butterfly Marketing” software sells for $1497 and made him nearly a million in a week. All Mike did was see an opportunity for a piece of “One Time Offer” software, hired a script writer (software creator) from www.rentacoder.com or www.scriptlance.com and that was it. He then hired a copywriter to write his copy and bam he had a million dollar business. All from being able to keep his eyes open.

I’m not in anyway saying you’re going to make a million as a software publisher, but it is most definitely an opportunity that so many ignore. If you have an idea, do some research, and then if it looks like a good idea go for it. Software can often be created for $50 yet you can sell it on for as much as people are willing to pay for it!

If you want to find ideas for internet marketing software visit forums and newsgroups in the internet marketing niche and look at what problems people are posting about. They’re a hidden goldmine for the savvy internet entrepreneur. Go to google.com and type in “internet marketing forum” and do a bit of searching.

Here’s An Idea. 

Let me introduce an idea that leads on from the software model above, and potentially a business idea that someone who takes it on and runs with could find it extremely easy to get started in.

As people will know I often create my own web sites. Most recently I used Microsoft Expression web builder and for more than two days was set back trying to get my images loaded onto my site. I then started looking for information on how to upload images in the new version and found nothing of any use.

The majority of what I found was technobabble and incomprehensible even myself who has created plenty of web sites from scratch. I would have paid hundreds to find out how to solve that problem because it put my business plan back a few days not to mention the frustration it caused me!

Then suddenly I realised an opportunity. There is literally an endless supply of products like ‘expression’ or ‘frontpage’ and all of the Microsoft range, software online, video cameras and things like that which people have a problem using. All of these have a massive scope for creating information products. I was desperate for a course on how to use Microsoft expression but couldn’t find any for my version.

Ask yourself is there a piece of technology you use at home or at work that you could turn into an info product? For example, if you know how to create fantastic looking video recordings using Camtasia studio, that’s an info product that you could easily create in a few days. There is such a huge amount of people out there that need help in putting things together, learning how to use things, wanting to bypass the learning process and just be shown step-by-step how to do things.

Want proof? Go to http://freekeywords.wordtracker.com  Type in “how to tie a tie” (without quotations). There are over 2000 searches a day for something pretty simple. Just imagine how many there would be for more complicated software programs and technology. Tons! Again it’s all about finding a problem people are having, and solving it! Give it a go and let me know how you get on.

And Finally It’s Here…

For a few weeks I’ve been talking about the imminent launch of Adam Berry’s web site for making a fortune online without a web site, your own product, any marketing or even spending a single penny. Well it’s now ready to go and I think it’s something that could really help you if you want to earn cash online, particularly if you tend to struggle with the usual aspects of marketing, web design and so on. I’m not making any commissions for telling you about this, I just think it’s something that you will find useful. It’s now live at:

www.flipswitchprofits.com

I also promised a special bonus for my subscribers and below you’ll see a link to Adam’s Virtual Property “Content Monster” Blueprint and his Traffic ebook, which compliments his new course. If you haven't yet read them already you can download them both from here:

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

To your online success

Ed Walters

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

www.virtualpropertytycoon.com

-------------------------------------------------------

For back issue copies of my VPT Solution Newsletters please visit:

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

 

 


Any problems? Email me: support@virtualpropertytycoon.com 

ClickBank is a registered trademark of Keynetics Inc., a Delaware corporation. virtualpropertytycoon.com is not affiliated with Keynetics Inc. in any way, nor does Keynetics Inc. sponsor or approve any virtualpropertytycoon.com product. Keynetics Inc. express no opinion as to the correctness of any of the statements made by virtualpropertytycoon.com in materials on this page.