AFFILIATE MARKETING BUSINESS

How To Be Self Employed 2020?

Welcome to the New Decade, year 2020. White collar job is no where to found in this part of the world anymore. Some many people are now seriously working to earn a living and put food on their table thereby depending on their ability instead of depending on Government to cater for them.

Even if you are working with the government or a company, it is not good that your streams of income to be one source, as an Economists I will advise you to have more than one streams of income so that you can stand tall among your equals. You will run an hide as soon as you hear Landlord is visiting you.

Some government or company’s work will even use you and dump you after 30-35 years of service and to even pay you your entitlement is now a problem. Thereby finding it very difficult to pay your children’s schools fees, pay bills and so on. So why not look for some business to do this year, 2020 to be self independent?

Self independency is having time, money to do anything you like at anytime, travelling to any country of your choice, eating any food of your choice and doing many things life can offer you. There are some many online and offline work to do nowadays that can help you earn millions of dollars from the comfort of your homes.

There is a book I read that says, “You can’t be rich working for someone” that’s very true. You will be number 2 working for somebody. He/she will be richer and you will be earning small. You will be killing your time, your energy, your freedom etc. At the tail end, he/she will just credit your account with $50. Hmmmm

I will like to introduce some of the offline job to do to be self independent and this new Decade, 2020 will be the best year ever in your entire life.

Please, if you really desires to make money, no two ways about it. PRODUCE SOMETHING. This is what is making Dangote and the rest to have enough money in doing business. They are are producers. They Manufacture products and you buy them.

So, what are the business you can do from the Comfort of your home and become wealthy? The list is endless. You can start producing any of the following products from the comfort of your home With little or no Money (Capital)

  • Laundry Soap
  • Toilet soap
  • Medicated Soap
  • Powdery detergent
  • Liquid detergent
  • Car wash solution
  • Dish wash solution
  • Production of Bleach
  • Tile cleaner
  • Stain removal
  • Production of Chocolate drink
  • Zobo
  • Yoghurts
  • Ice cream
  • Banana ice cream
  • Fruit juice
  • Orange drink
  • Soya beans Milk production
  • Custard powder
  • Cocoa Beverages
  • Production of Shampoo
  • Body cream
  • Medicated cream
  • Pink Oil
  • Nail removals
  • Body lotion
  • Tooth Paste
  • DETTOL
  • Candle
  • Hair cream
  • Shaving powder
  • Aftershave Solution
  • Face powder
  • Aloe Very Gel
  • Hair styling Gel
  • Customized Designers perfume
  • Production of school chalk
  • Glue
  • Wood polish
  • Car grease
  • Emulsion paint
  • Gloss paints
  • Text coat paint
  • Production of Bread
  • Baking of cake
  • Chin chin
  • Meat pie/fish pie
  • Margarine
  • Pizza
  • Starch. And lots more. Add more in the comments section.

The above offline business that you can start from the comfort of your home have been vividly explained in my recommended EBook to you as a guides to help you achieve your aim this year. The actual selling price of this EBook is 7,500 but I will be scaling it down to 1,000 Naira for as many that want to start urgently. So, before the Price goes up, try to Order yours Now. The EBook is on Amazon.com if you want to buy yours from there. Search for “How to Produce Everyday Use Domestic Products” By Joel Friday I. You will see it on Amazon kindle Book and pick yours.

ORDER NOW HERE

How to Manufacture Everyday Use Domestic Products

If you are a living creature, there are things that you must use everyday in your house, whether you’re a students, lecturer, President, Governor and even teachers etc….

White collar job does no longer exist, you work your out to enable you take care of yourself and your entire family. Government has been lamenting on Entrepreneurship development in major country of the world. For you to self independent, you must have your own products to sell and make huge amount of money. Invest in yourself by learning a trade or produce your own products and start smiling to the Bank. This EBook will take care of everything that you needed to know in having your own products.

This EBook will teach from the comfort of your home how to produce or manufacture everyday use Domestic Products. The raw Materials needed, the quantity of the raw materials needed, the procedures and lots more so that if one is not even with you, you can teach yourself and bring out something. Please, let warn that jack of all trade they said, master of NONE…so, concentrate on one products and be there to grow bigger.

This EBook will teach you how to make:

Liquid soap

Detergent,

Hair relaxer,

Hair cream,

DETTOL making,

After shave production,

Powder production,

Wedding Cake production

Chin chin making,

And lots more….(About 40 products to make with their chemicals, equipment, and procedures to guides you in producing them.

How to Make Money Streaming – 6 Ways to Monetize Your Video

How to make money streaming – 6 ways to go live and get paid

In this article, we are going to see how you can make money by video streaming or in other words monetize your live video stream.

1. Run ads

Running ads is one sure method of monetizing your live video stream. There are two types of video ads – In-Stream (Linear video ads) and In-Display (non-linear video ads). The ads that are displayed before the video are called linear video ads while the non-linear ads are the ones that the viewers see concurrently while watching the video.

Ads are a great way to monetize your video content, but it’s tricky. You need to play the ad, get the viewer to click on it, and at the same time ensure that the viewer doesn’t get bored and leave your live stream. Plus, major platforms like Facebook and YouTube have different regulations for video streaming and running ads.

When to run the ads – the best time would be when the creator or the person doing the live streaming wants to take a break. Time the ad correctly – don’t leave the viewer hanging in the middle of a sentence!

When you’re running a live stream on YouTube, you can play the ad at any point of time in your live video. However, do try to keep your audience informed that a break would be coming up.

On Facebook, not every video streamer will have the option of taking a break. If your Facebook page displaying the live stream has more than 50,000 followers and more than 300 concurrent viewers in the last live video, you can take a break after 4 minutes.

If you want to maximize the earnings from your live video stream, you need to build traffic to your website or your Facebook page. When you have higher number of visitors, the number of concurrent viewers increase, so the chances of ads converting are higher, which translates to increased revenue.

2. Subscriptions/Pay per view

The other way to make money from your videos is to get your audience to subscribe or pay for your video. You could release a teaser, giving the audience a taste of what is to come. If the viewers want to watch more, they need to subscribe to your page or pay for the video. Streaming platforms such as Vimeo Live and IBM Cloud have in-built subscription features.

3. Donations and Crowdfunding

A recent study by Deloitte Global found that “Donations are also an emerging element of the business model for other live-streaming platforms, including platforms used for streaming video game play.” Many live streams are asking their fans for donations and in return giving them virtual gifts.

Crowdfunding is another method to monetize your video stream. Indiegogo, Kickstarter and Patreon are a few of the popular crowd-funding platforms. You need to create an account on these platforms, build your project, specify your goals, and then promote your project on other platforms, so people visit your project page and contribute to it.

4. Affiliates

Setting up an affiliate program is a sure way of monetizing your video stream. It could however take time to establish and give you the returns you expect. The best part is that once you have set it up, you can passively earn money as your video gets more popular.

You need to first link up with affiliate platforms like Amazon and Flipkart. You can create videos about products sold on the platforms. If you have a video stream that focusses on technology, then you can choose such products. For example, a mobile phone – you can create a video about the features of the mobile phone, trouble shooting tips, best ways to customize the cell phone, and lot’s more. At the end of the video, direct the viewer to go to the product page on the affiliate platform. Every time a viewer clicks on your video and goes to the affiliate site, you earn a commission.

5. Sponsorships

If your live stream channel is popular, then you can confidently approach the larger players in the market for deals and sponsorships. Brands don’t come forward to sponsor your video stream, you need to take the first step and approach the right people. However, when you’re doing that make sure you stay within your niche. The theme of your video should be in accord with the brand that is sponsoring you.

6. Sell your products

Live videos are a great opportunity for subconscious selling. For ages, marketers have been using this technique to sell products and services to their audience. However, you should remember that subconscious selling only happens when you have already built the trust in your viewers. Market research shows that a person is more likely to buy a product when someone in his/her social group has already purchased it. That’s why influencers play a huge role in promotions. However, you don’t have to directly sell your product when you’re streaming the live video. Use the product and then casually talk about its features and where one can buy it and then go back to your video’s main theme. This could subconsciously encourage viewers to check out the product and buy it.

Live video streaming gives you plenty of scope to explore your passion, share your views with your fans, and still get to earn money. To make the maximum earnings from your live video streams, you can use a mix of the above 6 ways. Competition on the internet is very high, so you need to continually work to keep your fans’ attentions so that they keep coming back to you. To keep your fans interested, your video content needs to be interesting, useful, and clear. Create great videos and build a loyal fan following – you can surely see returns on your investment

Discovering the Idea That Earns You Millions

We are in a digital world where almost everything is integrated into a single system of the world wide web. We are in an era where we don’t have to have a shop to sell our products, an era where we don’t have to meet to communicate, an era where we don’t necessarily need to follow the traditional door to door method to advertise our products but rather an era where everything is done in a simple and faster way.

With the high rising level of graduate unemployment in Nigeria, I began to think of the way out as I will soon be graduating from the University. Then I recalled listening to speaker at the World leadership forum emphasizing the statement “You don’t need capital, what you need is an idea”. I began to brainstorm about the statement for the fact that I am scared to be an unemployed graduate like the millions who are yet to secured a job.

However with time, I began to understand that the leading world entrepreneurs never started with a capital but rather an idea. Bill gate the richest man in the world never did start the Microsoft with an a huge capital but rather his idea, Mark Zuckerberg the Facebook CEO who is also the fifth richest man never start the Facebook with capital but rather an idea, Steve Jobs who is also a Co-founder of Apple start the company to revolutionalize the smartphone industry with just an idea, Jobberman was created out of an idea, Linda Ikejis blog was created out of an idea and in fact every good business that developed into a multimillion dollars was created out of an idea.

To look further into it, I discovered that capital is easier to get but no matter how huge a capital is, without a good idea the capital is a waste or can be lost whereas a good idea is difficult to find and never can it be lost. so the question remains how do you discover a multimillion dollars idea. How do you break from the chain of unemployment in Nigeria. Below is a five tips to discover that business idea that will change your life forever.

5 TIPS TO DISCOVER A GOOD BUSINESS IDEA

1. OBSERVATION: To discover a good business idea, one has to observe things and circumstances around him. As you wander in the land of observations you need to be able to identify what people do often, what challenges they face on a daily basis, what they need, how they want their needs to be met, when and where. As you observe an ask yourself all this questions you must be able to identify the way out.

Steve Jobs will often go to the park to observe how people listen to music, Mark Zuckerberg possibly observed what if he and his friends don’t necessarily have to meet on a daily basis but rather connect online to gist and share pictures, JOBBERMAN knew people submit their CV and application letter directly but what if they can do it on their behalf.

So the most important aspect in discovering an idea is to observe the market you are interested in, how do they go about doing their businesses, is they anything that needs to be readjusted and many more things.

2. IDENTIFY A PROBLEM

Your observations will be futile and unnecessary if you are yet to identify a problem in the way people conduct their business. Idea can only be realised out of the desire to offer solution and better services to people. JUMIA and KONGA discovered a problem in marketing, so they create an online market where you make purchases and get it delivered to your door steps, if you are yet to discover any problem that needed o be resolved then you are far from identifying a multimillion dollars idea.

3. OFFER A SOLUTION

Now that you have discovered the problem in the way people conduct their business as an entrepreneur, you must offer a solution that fills that gap or void of unsatisfaction in the customers of such market. This can come by reading books and materials related to that niche of business.

4. MAKE A FEASIBILITY STUDY

Have you discovered that idea you think might fetch you millions, you shouldn’t just ventured fully into it but rather make a feasibility study to ascertain if that solution you are to offer is viable. This entails possibly preparing a survey or a questionnaire to hear the views of your potential customers about the service you are about to offer and how they feel about it. You must however delink your emotions from the answers you received.

5. IMPLEMENT YOUR IDEAS

This aspect has to do with the financial aspect to your idea. Don’t panic, they are a lot of people who will be willing to sponsor your idea if they found it fantastic and viable. You can obtain loan from the financial institutions here (Guaranty trust bank, Access bank, Diamond Bank etc) here in Nigeria at a minimal interest rate, but all you need is a good business plan.

In conclusion, do you have a superb idea that will fetch you money, you don’t have to wait, the time is now. Forget the fact that you need to school and come out with a good class of degree, what is important is the fact that you move out of your financial bondage and experience a world of financial freedom and independence. Remember Bill gate, Steve Jobs, Mark Zuckerberg and many more business tycoons were dropouts at a point in time but today the world has written their names in gold, you can also achieve same. Good luck.

Many people dream of starting their own business, but they simply don’t have the capital to invest in a bricks and mortar business. Thankfully, due to technology, there are many options that don’t cost a lot of money to get started.

1. Virtual Assistant

You may think there is too much competition out there to become a VA and that you can’t make a good wage. But the truth is, you can. You just need to think outside the box a little. Instead of joining a freelancer site and competing against others who can work for peanuts, think more locally. Decide the types of services you can offer virtually and start offering them locally.

2. Bookkeeper

You may need to get a license but it’s simple enough to do by studying and taking a test at a testing center. Once you get your license you can start marketing yourself to local small business owners. You may need to stop by their business on a weekly basis to pick up information, or there are remote online systems that you can use to get into their bookkeeping software.

3. Online Business Manager

Believe it or not, many people who run online businesses need online business managers. An online business manager does pretty much what a business manager for any job does. They just do it online. They manage resources and people to lead the business to the goals set by the owner. As an online business manager, you will likely be responsible for organizing, planning, and finding the team to implement the goals that the owner wants to meet.

4. Amazon FBA

FBA stands for Fulfillment by Amazon. There are many ways to enter into this business. There is a lot to know about this business, but there are courses that you can take to help you learn how to run an FBA business. It’s an amazing opportunity and can lead to a very profitable business from home where all you do is buy products, list, and send to Amazon, and they do the rest. www.amazon.com sign up there.

5. Affiliate Marketing

An affiliate marketer is someone who advertises and promotes someone else’s products or services, and when they make a sale they get a cut or a percentage of sales.

Affiliates for digital products usually make about 50% on sales, while physical products usually are lower than 10%. Having a mix of both types of products is a good way to offer your audience plenty of choices, but plenty of people make a lot of money doing either one – depending on how big their audience is and how good they are at reaching them.

Are you struggling to boost your income? Do you feel like you’re stalling out? Many entrepreneurs and small home businesses hit income plateaus, but there are ways to push beyond them.

How to Create Your Own Product 1 – Research and Outline?

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MODULE 1

CHAPTER 11

HOW TO CREATE YOUR OWN PRODUCT 1

– RESEARCH AND OUTLINE

1.0 INTRODUCTION

2.0 OBJECTIVES

3.0 MAIN CONTENT

3.1 Start with Information Product

3.2 The pros

  • The Leverages
  • Global Marketplace
  • Deploying the Power of Global Alliances
  • Better Kitted for Success on a Global Dimension
  • You Become a Highly Marketable Expert
  • Robust Resources for Premium Sales
  • Residual Income Extraordinaire
  • High Returns on Investment

3.3 The Cons

3.3.1 The Learning Curve

3.4 A Blissful Start

3.5 Remember, ‘Everything is a Remix’

3.6.0 How to Decide on the Kind of Product That You Want to Create

3.6.1 Meet Specific Need

  • Conduct a Survey of Your Audience
  • Scour the Internet for Blog Comments and Forums on Your Niche Market
  • Read Between the Lines
  • Showcase Your Expertise

3.7.0 Start with Your Most Convenient Method

  • Audio
  • eBook
  • Video

3.8 Product Forms

3.9.0 The Process

3.9.1 Do your market research

3.9.2 Sourcing for Marketable Information

  • Private resale rights
  • Interview experts
  • Compile popular questions and give answers
  • Permissible thefts
  • Record other people seminar and reuse
  • Set up webinars and teleseminars
  • Screen capture your skills using your computer
  • Adapt a successful eBook into another language

3.10.0 The Act and the Art of Creating Your Own Product

3.10.1 Write out your product outline

  • Write the eBook in Full
  • Turn it into PDF
  • Make Your eBook Beautiful

3.11 Write the Email Swipes

3.12 Create and Set up the Sales letter

4.0 CONCLUSION

5.0 SUMMARY

6.0 ASSIGNMENT

1.0 INTRODUCTION

Creating your own product for sale to your market is by far, a better idea, but it has some pros and cons.

2.0 OBJECTIVES

  • To give details procedures involve in creating an information products
  • To provide resourceful links to make this possible
  • To encourage learners to use this ecourse to plan and create their first information product

3.0 MAIN COURSE

When you are about to start an Internet Marketing business, two things will readily come to your mind.

The two things are:

  • are you going to sell your own products, and render services directly from your own self hosted website
  • or sell someone else product and services?

In other words, what are you going to sell to your customers?

3.1 Start with Information Product

Let me assume that your answer is that you want to sell your own information products. You may not want to start with a service like web hosting or website design service as you may not be a Technical person (AKA a Techie).

Hopefully, you will get to that point someday, if that is what you want. But for now it is a good flay of wisdom to offer an information product for obvious reasons – it is an easier, faster and highly profitable approach to online business.

Creating your own product for sale to your market is by far, a better idea, but it has some pros and cons:

3.2.0 The pros

  • The Leverages

Internet offers the greatest leverages now for any business than had ever existed in Industrial History till date.

If you have not done so before now, please hurry, find and read the book ‘Retire Young, Retire Rich’ by Robert Kiyosaki, and you will understand the above statement more.

This simply means more leverages, more profits at shorter period for your business.

  • Global Marketplace

Having even one digital product to sell to the whole world is abundantly more than enough to pull you out of the woods – i.e. if you know what to do.

Infact, it is knowing the process that really matter in this business, and that is what you should pay rapt attention to learn in these your formative years in this business.

After that, the rest is history, and it is you that is going to create or rather, recreate that your life history.

  • Deploying the Power of Global Alliances

By way of Affiliates who offer their lists and expertise to serve you in marketing your product(s) for free.

  • Better Kitted for Success on a Global Dimension

Talking about the skills and experience you gain in the process, you are among the best, on a global scale, not just a local champion and not just for a while but for expended period of any foreseeable future. Can you beat that?

  • You Become a Highly Marketable Expert

You can now build more and more products faster after the initial experience. Your can do this for yourself and others if you wish to.

  • Robust Resources for Premium Sales

Your initial product can easily be turn into other forms for sales at higher prices – Audio, eBook, Membership site, etc.

  • Residual Income Extraordinaire

You just create it once and sell over and over again, with few and rare revisions when necessary to keep up with technological development in the marketplace.

  • High returns on investment

Such that is never heard of in any other industry. Most of the time, when done, correctly, it usually brings in on a consistent basis, over 100% returns on investment (ROI).

There are so many other advantages to be enjoyed by a digital product owner, but let us just break here so that we can focus on other related issues.

3.3.0 The cons

3.3.1 The Learning Curve

This will cost you a bit more in terms of time and money.

But, it is doable.

3.4 A Blissful Start

If you are a professional or you have a high in demand skill set, you can easily start by selling some useful advice on that online.

For instance, you may be a Tailor, Seamstress, Organist, Teacher, Nurse, Doctor, Engineer, Accountant, etc. Do market research on the aspects of your profession that people are searching for more information with the tools that we discussed in chapters 2 and 3 of this ecourse.

Use those results of your market research to build your own product as we shall discuss in this and subsequent chapter.

A teacher may for instance decide to own a website and teach the whole instead of just his classroom members. Look in the direction of any of the following courses which are already in high demand globally:

beauty tips,

language lessons – French, German, Russian, Chinese and even English.

Remember, our world has become a global village, there is therefore a very high demand for these lessons worldwide.

A Nurse can teach Health with special bias on Natural Remedies. Most ailments that have become anathema in Western (Orthodox) medicine have been resolved with the help of these natural remedies. Thus, information on natural cures for cancer, diabetes, arthritis, etc. are selling like hot cake online now.

We have noted somewhere that as far as information marketing is concerned, the big three areas are Health and Beauty, Love and Relationship, and How to Make Money.

But this does not mean that information are not selling in other areas, or that people are not making a living online selling other products outside the big three. For instance, an Engineer may resort to Technical Writing. People who are not even Engineers are doing well in technical writing.

In your own country, what is the current challenges that people have? Remember your information product is not meant to be all about you, but to help people who buy them to solve their immediate problems.

Some people in your country want to travel abroad, learn baking, get overseas education, do rice farming, do importation, export cassava and garlic, learn computer programming, web design, SEO, decoration, etc., etc.

Please note that to minimize delay and confusion of what product to sell, you must first of all decide if you want to start selling at the local or foreign market.

There are a whole world of differences in both marketplaces.

Again, you don’t have to be an expert.

Just find out what people want and assemble information that satisfies that specific want and give it to them at a profit.

3.5 Remember, ‘Everything is a Remix’

Google for ‘Everything is a Remix on Vimeo’ and watch the online video.

Also remember what Steve Jobs said:

‘Good Artists Copy, Great Artist Steal. We have always been shameless about stealing great ideas’ – Steve Jobs, 1994.

This boils down to: creativity + innovation(s) = invention(s).

Again, let’s look at it this way, the basis of modern day information and communication industry started with the invention of:

Telephone, then,

Radio, then,

Telegram (telegraph), then,

Black and white television, then,

Coloured television, then,

Satellite television, then,

Mobile telephone, then,

Mobile satellite television (in mobile phones and PCs), then,

Mobile private and public satellite Video (TV) Channel e.g. YouTube

Mobile private and public satellite Radio Channel (in mobile phones and PCs), then,

And so on and so forth… more abound that I have not mentioned here, and many more are yet to come.

I am not about the order of which one came first, I am leaving that to the students of history and philosophy of science, but my concerns are:

the connectivity of the basic idea* + the main new idea**,

the creativity,

the innovation and

the ‘invention mix’ (as in the ‘market mix’).

And, it all started with GRAHAM BELL’s telephone.

In fact, if you scour the internet, you will discover that, it was not Graham Bell that originally invented the telephone, but the court, US and history at large just credited it to his name because of the wise and skilful innovations he added to the original patent that made it commercially viable till date!

(* the basic idea or the general idea here refers to communication by the old, usual and the natural means.

** while the main new idea here refers to communication by the new means i.e. the newly discovered or to be discovered means, in the case of telephone – communication by means of electrical wires).

That is what I referred to as ‘stealing wisely’ in chapter 9 of this course:

In our days – the 21st century, you don’t even need to steal, just ask the experts for a sample or complimentary copy and they will happily oblique.

So don’t be afraid to give an old information a new dress, shape or form. It could turn out to be very useful to you or at least to the rest of the people out there.

No, just go and take a long-drawn-look at the marketplaces, the categories, the niches and the sub niches and you will discover profitable niches to play along.

Sites like Nairaland, Hot Spot, ClickBank or JVZoo are good places to begin.

3.6.0 How to Decide on the Kind of Product That You Want to Create

Please note well what I want to say now.

It is what makes the difference between a successful business and a struggling one. It also applies to offline business, not just internet marketing only.

Do not sell what people are not looking for. Find out what they are looking for to use and solve their problems and fetch out or create the information product(s) for them and they will happily and repeatedly hand over their money to you in exchange for the solution to their problem.

Another way to say this is:

People generally want to buy solution to their problems. They have a pain they want to relieve, they have a sore or painful area in their live that they want to resolve as soon as possible or they have a level of pleasure that they want to enjoy. That is the reason they go online to seek for solutions.

Thus, your product must be a solution to their sore or painful areas of their lives, or it must provide the pleasure they need. It must relieve a specific pain(s) or give them a specific pleasure(s) they were looking for.

That and that alone is what will make them match down your website in droves in search for your product. So far as it resolve the pains or provide the needed pleasure, they will happily and repeatedly pay you for it.

But, there is still another way of saying this: ‘in online business, first, find out what people want to buy, then, find (or create) the product and sell to them at a profit’.

In practice, this applies in reverse order to offline business: where people first, find or create the product before they set out to find a market to sell to.

Thus, this small difference is what makes online business a highly profitable venture compared to offline counterparts.

By the time you finish the process of getting your information product, the market is ready, willing and even very hungry to buy it from you.

3.6.1 Meet Specific Need

You Can Be Sure Your Product Will Meet Specific Need and bring in high returns by doing the following things:

  • Conduct a Survey of Your Audience

This is possible if you have an existing Blog or Email list. If not, do not worry, there are many other ways to do this as we shall see next.

On your blog comment or email feedback, ask them the type of product that they will like to have, the format and the topics they will like treated. Find time to interact with your blog readers or members of your list. It can be very rewarding.

  • Scour the Internet for Blog Comments and Forums on Your Niche Market

Many people go online to talk about their problems and their cares. If there are many people talking about a certain issue in a forum or blog, this means that products that resolve such matter will sell well. Some blogs and forum require signed membership for this very reason, so do not be afraid to sign up. Do not ignore the social media in the process: Facebook, Twitter, Instagram, YouTube, Google Hangout, etc.

  • Read Between the Lines

This an advanced tactics. If you are already selling affiliate products online successfully, then watch out the type of products that people buys regularly and create similar product of your own in the market. It will sell like wildfire.

Remember, everything is a remix!

Not only in this business but in all aspects of life, everything is a remix.

You can also observe your blog for the most widely read articles and then create related products for sale. Then just add your links to those popular products and you are good to go.

  • Showcase Your Expertise

I have already talked on this in the previous paragraphs. As a professional, if you have a high-in-demand expertise (e.g. a beautician, physiotherapist, naturalist, etc.), then you can do market research to find out how people like you are selling theirs online and follow suit.

To avoid creating a product that will not make you money for your effort and investment follow these step one by one and will you find among them one, two or more that you can follow through based on your level of experience.

Please go back and follow the above steps one after the other to arrive at a marketable and profitable product(s).

3.7.0 Start with Your Most Convenient Method

  • Audio – you can just read out or dictate or talk what you intend to write in a standby microphone in a silent environment where there is no background noise. At the end what you have is an Audio product that you can sell anywhere around the globe.

Audacity is one of the best tools for doing this, Google for: audacityteam.

  • eBook – later, copying out the content of your audio product into a computer software like the Microsoft word (Open Office, it’s a FREE software, just browse and get it on the net) will create an eBook for you.

To sell it online all you need is to turn it into a Portable Document File (PDF) and it becomes a scalable product. More on this in a while.

  • Video – in most part of the world, people who wax music for the first time usually start with an audio CD and later a Video CD and progress to other formats including FLAC, MP3, WMA, WAV, etc. or vice versa.

Did you ever ask, why?

Convenience, cost and preferences.

Camtasia Studio is one of the best and industry standard nowadays for online video. But you can even start with your smart phone and upload the videos onto YouTube and it will be acceptable while you are making money to acquire expensive camera or learning how to use online software like Camtasia.

3.8 Other Product Forms

In the final analysis, your product must take so many forms so that you can sell it in so many markets in response to the market preferences.

Such forms include:

Audio training

Video series

Questions and answers

Membership Site with new contents added monthly

eBooks

Coaching supported by telephone calls,

Emails,

Skype,

Webinar,

Short reports,

Assignments,

Templates,

Continuity programs – weekly, fortnightly, monthly, quarterly, bimonthly, etc.

Workbooks,

Swipe files, and so on and so forth.

Suppose you want to start by creating your own digital product now, how do you start?

3.9.0 The Process

Below is an example of steps to follow in your information product creation process:

3.9.1 Do your market research

Google Keyword Planner, Market Samurai, and Longtail Pro, Nichebot are the best tools in the market for this task. I have already discussed in one of this course how to use at least one of them. You can Google for others.

3.9.2 Sourcing for Marketable Information

To make product creation a lot easier for most green horns and even topflight experienced business executives, there are ethical ways that you can source for information to make your new products.

Such ways include but not limited to:

  • Private resale rights

Just type that into your browser and you will find multiple sites to choose from. Usually you buy and rewrite them as your own product and add your own angle to the product. Remember this product is sold to many people and not only you, so endeavor to polish it to make it unique. If you are using free products for this, always endeavor to check out the rights, to avoid legal issues in the future.

  • Interview experts

Find out experts in your field and interview them. You can then use transcription services at Fiverr, Upwork, etc. to write them out in any form that you want.

  • Compile popular questions and give answers

You can do this by yourself even as a newbie in your market niche. You can also use freelancers at: Peopleperhour, 99designs, Craiglist, Toptal, etc.

  • Permissible thefts

Go to EzineArticles.com and browse for your popular categories. Download about 50 articles in your chosen niche topic and compile them into an eBook. You can cite them in bits and pieces and spice the book up with some Vimeo or YouTube videos.

This is legal so far as you keep the authors’ resource boxes intact. Remember to insert link to your site as you introduce the subject matter, turn it into PDF and sell.

  • Record other people seminar and reuse

You can help a friend record his seminar on the agreement that you will use it also to promote your own products. Your phone or your camera can do the job cheap for you, no need for a professional cameraman.

  • Set up webinars and teleseminars

You need some experience and confidence to do this, albeit it is not a hard thing. You can skip this till when you have enough money to hire expert to help you in the process. There are free and paid services to choose from.

The free ones are: Google hangout, zoom, bigbluebutton, join.me, meetingburner, mikogo, zohomeeting, webhurdle.

Anymeeting and gotomeeting are paid service, but they also have free trials for new clients.

  • Screen capture your skills using your computer

If you want to teach your skills to online audience, this is the preferred approach.

There is a free tool you can use for this: screencast-o-matic

  • Adapt a successful eBook into another language

China is a global destination now for global trade. Find a book, obtain the right and adapt it into Chinese and it will sell like hot cake. You can also do this with other books and other languages.

This is called Transcription service.

3.10.0 The Act and the Art of Creating Your Own Product

3.10.1 Write out your product outline

Start with major topics that you would discuss in your eBook, then write out the bullet points under each topic. As you fill in simple explanations in between the major topics will later become the chapters, while the bullet points will become the sections and sub sections of the book.

3.10.2 Write the eBook in Full

After the initial rough or manuscript as some may like to call it, go through the product again with the aim of crossing the tees and dotting the ais. Also read the whole plot with the aim of ensuring Mechanical Accuracy and some Congruence in the points presented.

Some people may differ on this by saying that you should not aim at perfection, there is actually no prefect product in the market as the Internet world is always changing in a very fast rate.

But I am not advocating perfection here, but wish to clarify the fact that there is always a growing competition in the marketplace and most victims are poorly and unduly hurried products.

If you found it more convenience to start with the Audio format, you can also use this software to get both Audio and eBook copies delivered to you online at the same time at:

dragon speech recognition software

3.10.3 Turn it into PDF

From your Microsoft word (Microsoft Open Office), you can easily convert your eBook into a PDF format. PDF is a globally available software that is usable in all types of computers.

This is advisable to do as you will be sending your eBook to different people in different parts of the world. Different people in different environments are orientated to different software, so it is good to have your eBook in a generally acceptable format that satisfies these global markets.

Henceforth, think and see your business as a global venture.

3.10.4 Make Your eBook Beautiful

It is more than a common sense to note here that if you add an attractive eBook cover to your product, you will attract more sales than if you just sold it as an ordinary PDF.

Period.

If you don’t know how to do this yourself, employ the services of experts online at ebookbaby, myecovermaker or even at Fiverr.

3.11 Write the Email Swipes

Email swipes will form part of your marketing materials.

See yourself now as a Vendor in one or more of the Affiliate Program sites like ClickBank or Affiliate network like Commission Junction.

Email swipes are follow up emails that you and your Affiliates will be using to follow up your prospects. It is known that most people won’t buy from you until you have been in touch with them for about seven times. Go ahead and write them now.

3.12 Create and Set up the Sales letter

A Sales Letter is your secret sales machine and the untiring Salesman.

This is going to be the page that you are going to show to your prospects who sign-up in response to your ads. It gives in details the benefits of your product, why he should buy now, how much he should pay into which account.

Ensure that your sales letter is professionally written. A good blend of text and graphics is recommended.

But if you are scared, you can get a virtual assistant at Fiverr to handle this on your behalf.

3.13 Set up Everything and Get Ready For Sales

By now you must have set-up a self-hosted website for this product. There are FREE and reliable software as well as paid once for this depending on your budget.

Just upload everything – the email swipes, sales letter, all the graphics and relevant files onto the website.

Remember to test-run everything by yourself, as well as asking your friends or mentors to also help you test-run, before you begin to advertise your business to the public.

3.14 The Profits are in the Links

I want to end this chapter by emphasizing the fact that we are living in the LINK ECONOMY. In other words, the profits of this business flows through the links.

This means check all your links to ensure that they all work fine. Use affiliate link where appropriate, confirm your right to use free products sourced online to avoid legal issues; and most of all be sure the download link of your own product is working as intended.

That’s the deal.

4.0 CONCLUSION

I just notice that I have gone so far, many pages, many sections and sub sections.

This is because, when you have your own product that is where the Internet Riches that you have been hearing of, actually comes from.

5.0 SUMMARY

I covered step by step details on how to create your own profitable product for the marketplace. But there are still other details that I have left out for the next chapter.

6.0 ASSIGNMENT

Go over this chapter again and again to get a good grasp of the process as I will be dealing with another aspect of this fast-tract riches in the next chapter.

David Udofort has been doing Internet Business for over 10 years now. He wants to share his experience and possibly help you on your way to Online Business success. That is why this course is offered for free. You can check on one of his blog here for useful online business resources: http://makemoneynowwithoutpayinganything.blogspot.com.ng/2016/03/no-cost-income-stream-ncis-good-and-bad.html

Why Membership Sites Are The Best Ways To Earn Online And How To Build Them?

For decades since internet marketing started, membership sites are perceived as goldmines of profiting massively in the quickest time possible. And the reason why is because you do the work once as an

owner and get paid over again by people who are interested and want to continue learning from you. Or they like to use the resources and tools continuously since they needed them to run their own online business.

The question is despite knowing that membership sites are the best and fastest ways to earn, why do so many people procrastinate on having their own? The most common reasons I discovered are from their feedback in surveys are they are not technical. They have no idea how to build a website let alone membership. And moreover it involves a lot of work and time which is true since you have to provide value in the form of content, tools and resources continuously to those who wish to stay on as members. Even if there are free ones like Mark Ling’s AffiloBlueprint, the same principles apply since most marketers not only want to make more sales but getting more leads as well. Because to them and myself as well, every subscriber is worth a dollar and every paying customer is worth two dollars and more depending on what they buy.

The way I see it, building memberships do not have to be that hard. You just have to signed up for courses on those, learn and implement and then you are good to go.Over the past 9 years since I began my internet marketing journey, I have invested into numerous membership courses. Besides AffiloBlueprint, I have access to Omar Martin’s My Unfair Advantage, Adam Short’s Niche Classroom and AmaSuite by Dave Guindon and Chris Guthrie. They all consisted of a set of 20-40 video tutorials, PDF manuals and software applications and other resources.

Although there are many themes on building membership courses, the one I have and been using for the past 5 years is Optimize Press. Designed and founded by James Dyson from UK, it is designed for building blogs, landing pages, salespages and membership sites. It is also the costliest but in terms of quality and customer support, they are among the best. Having learn and implemented what they teach in their video tutorials, I have build many landing pages, salesletters and membership sites in multiple niches. Besides internet marketing, I have other topics like health, personal development and technology.

So with that said, how do you build a membership site?

It might surprise you if I tell you the answer.

Which is –

You don’t start out building a membership site.

Instead you began by finding a profitable niche.

As in forums and Facebook groups which you can search on related to what you are interested in or having problems but managed to overcome them.

Then what you need is to get connected to those groups of people as in introducing yourself and getting to know, build rapport and understand them as how you normally make friends. Find out their interests, challenges, strengths and weaknesses before compiling them into your notepad. And then from those, more or less you know what they are looking for.

I hear many people talking about finding, knowing and targeting your market first before starting any business. Which is true. And in internet business, those I mentioned above are those markets.

Then use those points you compiled them and write a series of articles on those. Then put them together into Microsoft Word or Open Office before saving them as PDF e-book.

Once I have done that, the next thing I will proceed is copying and pasting the content from those articles into power point slides. At the same time, I will sign up for the 30 day trial of Camtasia Studio to do and produce video recordings simply by reading from and adding more stuff to those slides.

When it comes to videos, there are two ways you can go about. The first is a straight 10-20 video series which will be best for low to middle-priced online courses. But if you are looking into high priced coaching programs, I will recommend 10-20 modules with each module covering a series of another 10-20 videos. The first module can be about niche and keyword research while the second and third touches on finding profitable affiliate programs and creating engaging content etc.

Once I got the PDF guide and videos done, I will add in other bonuses as resources. It can be interviews with other experts in the same niche, software tools and additional PDF and video series.

When it comes to building the site itself, I will touch on building optin pages, sales offers and membership sites from Optimize Press. Instead of using posts, I will focus more on pages and do certain settings and add plugins to enhance the look and use of the membership site.

I will also add menu on top to allow customers to find what they want quickly and easily.It will comprise of Home, Guides, Videos, Resources, Affiliates and Contact Us Page. Under Videos, there will be more pages with each dedicated to one video on one particular topic.

Finally I will buy Wishlist Members to allow certain customers in with their username and password which they will receive via email and redirection after signing up from the registration page they will be directed to after securing their copy.

In terms of pricing, members can choose to pay monthly and yearly. They can also cancel anytime if they do not wish to continue as members.

Finally I I will invite them to join my Facebook community group in which they can interact with one another and even do Joint Venture business deals.

Amuro Wesley has been marketing online for close to 9 years since starting in 2008 part-time and doing this full-time in 2010.

By promoting other people’s products as well as his own.

For more tips and strategies, feel free to check out his blog at http://www.amurowesley.com and latest course at http://www.amurowesley.com/membership-authority-builder

My Beginner’s Guide to E-Product Development?

Introduction
The internet is an elephant, so to speak. So how do you eat an elephant? One would say one piece at a time. Every internet guru has his own views about how to succeed in the internet or online, but like any other thing in life, there is no one perfect way, or one size fits all. Some say content is king. Some say begin with a list. Some say begin with 100% automation. Content, list, and automation all matter, but what about the person that is just beginning and doesn’t know his left from his right? I believe a beginner should start with a product to prove his credibility and from there move on to building a list while at the same time gradually working towards automating his website to work on autopilot.

A Caveat about Starting With a Product
Having said that it’s better to start with a product, I believe it’s appropriate to throw in this qualification by saying that at the highest levels, you can actually sell a product you have not yet developed to your list or followers, but as a beginner, you may not be able to employ that strategy. At its most basic, it involves telling your followers that you have a product that is coming out in say 90 days or 180 days time and any one among them that buys in advance would get it at 30 or 20 percent discount. Some may decide to buy and you can then use the cash to develop the product. This strategy is for already well known “brands” like Peter Diamandis, Brendon Burchard, Tim Ferriss and Tony Robbins to mention just four.

How to Develop Your First Product
This presentation focuses on how you can develop your first product. The truth is, in internet business, you don’t have to wait until you have a perfect product. Just begin and continue improving along the way. If you compare cars or any product for that matter made in the 1970s, 1980s and 1990s and 2000s, you notice that they keep getting better in terms of design, sleekness, and performance, to mention just three aspects. That should be your aim. Start, and keep improving day in and day out.

In this presentation, the focus is entirely on electronic products (eProducts), not the selling of physical products online, which is referred to as e-commerce. I’m assuming that you’re already an expert operating in six dimensions as an author, trainer, speaker, coach, consultant, seminar leader and now gunning for the seventh dimension, information marketing. If you don’t consider yourself an expert, don’t worry too much, we’ll come back to that and the scales will fall off from your eyes. Even if you’re not operating in any of the dimensions yet, say you’re just an employee, don’t worry, this presentation will open your eyes to the possibilities ahead. The author of the book Instant Income, Janet Switzer, listed over 52 eProducts one can develop in her Maverick Program but we’ll limit ourselves to just the simplest products as this is a beginner’s program.

Understanding or knowing which products to develop, the demand for those products and how to position your products are beyond the scope of this presentation. Also marketing, selling and launching your product are outside the scope of this presentation. Having covered those preliminaries, let’s dive in on your product development journey.

Products Suitable For E-Copies
The main products that you can easily convert to e-format are:
• Books
• Music
• Courses (seminars) – these are generally referred to as “How to Products.”
• Speeches
• Research findings

The Top 7 Most Lucrative “How to Products” Areas In the Expert Industry

According to Brendon Burchard, in his book The Expert Messenger, the seven most lucrative how to product areas are:

1. Motivation Advice
2. Leadership Advice
3. Financial Advice
4. Business Advice
5. Marketing Advice
6. Relationship Advice
7. Spiritual Advice

E-Product Formats
The main formats are:
• PDF
• E-pub
• Mobi
• Audio (MP3)
• Videos (MP4)

Sites For Uploading Your E-Products
Having made or created your product, the next thing to do is to launch. You can launch your products through a combination of channels, including:
• Your website
• Third-party websites
• YouTube
• Vimeo
• Stitcher
• iTunes
• SoundCloud
• CD Baby
• To your List through an e-marketing platform, example, Mailchimp.

The Various Product Formats In Detail
Let us now take the product formats one at a time in slightly more detail.

PDF (Portable Document Format)
One of the easiest ways to join the online business as an expert is to start with training course, workshop, seminar or a book. Your book in particular can and will open doors especially if you can write a New York Times best seller. For a beginner, that might be far-fetched so let’s just begin with a good book or a well thought out course. Having done your book or course (this applies too to seminars and workshops), you save in word or PowerPoint and convert it to PDF. PDF (portable document format) is a special format developed by Adobe and can be bought online or better still buy the CD and install in your laptop. Once converted to PDF, no one can amend or tinker with your product and you can upload it to your website and start selling. Sounds so simple? Yes! Technology simplifies things. Anybody with a laptop or smart-phone can buy your product and start enjoying it right away. Most new generation laptops and smart-phones have PDF reader pre-installed or you can simply download an app that enables you read the PDF document.

E-Pub
E-Pub (ePub) is short for electronic publication and is an eBook file format that the majority of devices, including iPad, android smartphones, tablets, computers, or e-readers can read. To convert your book to e-Pub requires a special software, which an average business centre can help you achieve. If you cannot get a business centre near you to convert your book to epub, you can do it online through a company by the name Allzone.

Mobi
Mobi is especially peculiar to Amazon Kindle as that is the only format that Kindle uses. Starting in 2011, some analysts projected that within five years there would be over 53million Kindles worldwide so if you want one of the Kindle users to buy your book, you have no choice but to have it in Mobi format. But there is good news. Amazon does not even require you to convert your book into Mobi before uploading to Amazon. You can upload to Amazon in Word format and Amazon KDP (Kindle Direct Publishing) will automatically convert it to Mobi for you.

MP4 and MP3
Just a few years ago we were using what was then known as CD (compact disc) before the mp3 format, which is an audio coding format for digital audio, was introduced. The mp3 (or MP3) format can store enormous amounts of sound so you don’t need hundreds of CDs as before. Your finished work can be converted to mp3 very easily to be listened to using digital devices including smartphones, iPads and laptops. Don’t worry about how to do this as an average sound or video editor would handle the technical aspects and help you uploaded your product to Stitcher, SoundCloud or CD Baby. Editing is not very expensive and goes for as low as $5 for a one hour episode depending on the editor and the fee keeps coming down as more and more people master the art of video editing.

Videos
Videos are what make the internet tick. Video engages more than any other medium so it’s a must you learn how to do video. And the good news is that it’s not as complex as you may imagine. You don’t even need any technical skills. Direct-to-camera video is the one you make with an ordinary camera or camcorder. Camera comes highly recommended compared to camcorder not only because cameras are generally smaller in size and cheaper, but because they develop less heat compared to camcorders. Initially, you may have to rent the camera but with time, you may decide to acquire your own. The most popular camera type is Canon, but you can also make videos with your smart phone however there is a slight drawback as you may not be able to edit or get audio or MP3 out of a smart phone so having a camera has advantages.

The other type of video is the one you make with a software. For Windows computer, you use a software called Camtasia and for Apple computers, you use what is called screenflow. You have to pre-install camtasia (or screenflow if you’re using Mac) in your computer to begin with. Let’s focus on Windows computers since that is the one I use. Having installed camtasia in your computer, the other processes are pretty straight forward. You first prepare your presentation in PowerPoint. When your slides are ready, you put on the earphone and plug in the voice converter or adapter and switch on camtasia. Once camtasia is on, you start speaking and as you finish with one slide, you move to the next one until your presentation is over. Once your presentation is done, you save what you have done for editing and viola your video is ready and you can upload it to your website, YouTube or Vimeo. Editing is not very expensive and it’s not something to worry about as an average business centre can handle it for you.

There is yet a third way of producing videos. This is different from camtasia video we just described above. In this case, there are actually companies that specialize in helping you make videos by providing you with prepared templates. One of them, which I use, is a company called Animoto. What you do is you sign on to Animoto and they give you the architecture to do a video complete with background music. You simply register with the company and once you log-in you just follow the straightforward instructions for preparing a video.

Animoto has free and paid versions of the service. The paid version starts at about $96 per annum. You don’t need any skills to do a video. The website provides all the needed headings, such as description of video, which you fill in and upload the pictures and provide a description of your video and viola, your video is ready. In the free and lower end paid versions, the company’s logo, Animoto, will appear on your video, but in the premium versions, nothing appears so no one would know you used Animoto. For the very high end versions, you can even customize by putting your name or company’s name and logo on the video. For the free version, you’ll be provided with a maximum of 6 place holders for just 1 minute video and no more. If you want longer videos then you have to go for the paid versions.

Conclusion
A journey of a thousand miles as the saying goes begins with one step. Internet or online expert business sounds and appears hard when you have no one to guide and show you the way. The fastest way to cut your learning curve is to get a coach and you’ll be up and running in no time. In our Expert Empire Program we guide you through how to develop e-Products.

Paul Uduk is the author of five books, including Bridges to the Customer’s Heart, Wealth Beyond Your Imagination and The Celebrity Speaker, all available at his website, http://www.pauluduk.com and on Amazon. He is the CEO of Vision & Talent, one of Nigeria’s most respected service excellence and process excellence training consultancies, which can be reached via http://www.visionandtalent.com. In addition to training for some of the most respected brands, including Nestoil, Heineken, Inlaks, Dangote and Berger, to name a few, he coaches executives on book writing and the list of his clients read like who is who. Paul recently launched The Expert Empire Program that helps beginners stake a claim in the expert industry on Vimeo. Paul can be reached by email via paul@pauluduk.com or pauluduk@gmail.com and by phone +2348033075133. Visit HERE to learn in details on how to make your own e-products.

Detailed Product Review – Conversely

Conversly is an ideal place which I found what I was searching for an application to run my business online without any impediments. I personally observed conversely by getting an application where I run my business, online coaching classes, which has become a popular one business in the short span of time without any extravagant investment. Similarly, I bought application on this network of application in reasonable price which is somehow negligible because of its output/result. Earlier, I was often cheated because of one or the other thing in other platforms was uncertain. So, I didn’t only enroll thousands of students but I also recruited many talented teaching faculties in my institute. Therefore I really enjoyed and I would also recommend to other business holders who are looking for affordable place for buying an application of their desired business.

What is Conversly?

It is the most convincing social platform where people are being attracted because of its provision regarding the desire of people. Conversly is the network where I observed that you and your customers can easily have a conversion. It assists the strong relation between the owner and the customer regarding the business or anything of the interest between them. Similarly, it is not only the way to trap the people but here people come once and become connect until and unless their desired need is fulfilled. I personally have observed it because I was worried about my online teaching system as well as the place where I can run it without investing precious time. In this contemporary global village, it is very hard to find an authentic place for investing for the sake of your business but here on conversely I really found a trusting one place where we can invest without any element of doubt.

How Conversly Works?

It is convincing as easier as a child can also make his account and can run his desired network over conversely. Therefore, the possibility of the success of your business is more positive than on any other network. So, it works succinctly whatever it pledges with the owner and customer and it makes the strong relation between them. Moreover, Conversly has all policies in practical form rather than written words only. I observed here no one can be dominated over the other because there is the network of mutual relation between the customer and the owners. Therefore, it is the platform which is attracted by the innumerable organizations.

What Conversly Includes?

Conversly includes more than our thoughts. There are multitudes of things which are included in this platform at the affordable prices. First and foremost, it includes all those applications which bring the owner and customer at one table and they can exchange their all ideas regarding their target. Similarly, it provides us single dashboard where all new changing in your application are posted so that your customers can lively consider it from any corner of the world. I myself made an online community there and whenever I issued the schedule of the classes I simply post it and all my students could consider it without any uncertainty. Moreover, on the dashboard I could find all the info regarding visitors. so it represents me each and everything clear. Secondly, it includes all desired setting you want like customized settings. You can change its setting in short span of time as it never disturbs your customers for slow updating. Similarly, it includes for you to change the color and text of the camping as the visual outlook is also attracts your customers. Thirdly, it provides you the money back guarantee applications because it trusts over its policies for implications practically. Therefore, I do like it because it gave me a trusting relationship for buying all legal and authentic products available here. Furthermore, its policies regarding feedback and auto notification to remind the owner and customer are more interesting because they remind me that what next I have to do even if I forgot it often.

On the whole, I really have an excellent experience regarding Conversly and its policies because it really proves what people are looking for an authentic source and specific products. So I will really give it five stars without any doubt. Similarly, I would recommend all other people who are wishing to have an authentic place where they don’t want to take risk, so they must come and promote the Conversly for their desired products

Top 10 Manufacturing Business Ideas in 2019

The Manufacturing Industry in India accounts for about 18% of total GDP employing 12% of India’s population directly. Among the humongous manufacturing sector, SME and MSME accounts to 90% of the totally industry activity and with new policies like The National Manufacturing Policy, the industry is looking to contribute more than 25% to GDP and employing over a 100 million workers. Some of the most profitable sectors among them are:

Agrochemicals – India is ranked as the fourth highest producer of Agrochemicals in the world. Agriculture being the largest employer and known as the primary sector of the economy of India,it has created an operational sector of never-ending need of agrochemicals making it one of the high profitable manufacturing industries. The firms vary from large scale to small scale manufacturing firms that can be and are set up in villages. It is projected to reach a market of US 269.7 billion by the year 2022.

Automobile/Auto Components – India is predicted to be the third largest manufacturer of automobile in the world by 2025. In a survey in April 2018, just in one metropolitan city of the lot in India; Bangalore showed the results of 4,000 new registered vehicles added to road every single day. This obviously boosts the Auto Component industry which vary from large scale to small scale manufacturing, the exports of components in India stood at INR10.90 billion in 2016-2017. In the Indian export industry, Automobile ranks third with the valuation on US $14.5billion.

Pharmaceutical Industry – India is the largest provider of generic drugs globally. The domestic pharmaceutical sector accounts for 3.1-3.6 % of the global pharmaceutical industry in value terms and 10 per cent in volume terms. In a 2017 report, there were 10,563 pharmaceutical manufacturing firms (inclusive of large- and small-scale pharmaceuticals) under the ‘Directory of Pharmaceuticals Manufacturing Units in India’.

Textile Industry-Starting from the colonization till date India is known for its cotton and use of cotton in textile. As per the Ministry of Textiles, the Indian textile industry contributed about 14% to industrial production, 4% to the country’s GDP and 13% to the country’s export earnings in 2017. India is appeared to be the largest producer of cotton and second largest exporter after China. The industry employs about 40 million workers directly and 60 million indirectly.

Food and Beverage – The F&B industry stands fifth largest in manufacturing sectors. It was ranked 13th largest receiver of Foreign Direct Investment in 2017. By market size India stands fourth in the world for the overall F&B industry making a revenue of $200 billion. India is largest producer of pulses, milk and second biggest of rice, wheat, fruits and vegetables. The category constitutes about 40% of its Consumer Package Goods.

Gems and Jewellery – The Gems and Jewellery sector play a noteworthy role in the Indian economy as it contributes to about 7% of the country’s GDP and ranks as India’s major exporter constitution 15% of total exports resulting in $42.6 billion.

Packaging Industry– Ranked as the fifth largest sector of India’s economy with $32 million in 2015, it stands as a salient sector for most of the other segments of the industry. By the increased standard of living the stigma of packed good to have higher value is ingrained in the minds of the consumer and this has resulted in the growth of the packaging industry. This industry is backed by various other industries without relying on just one sector and so will forever bloom even with the changes from plastic to paper and cloth.

Glass Manufacturing – The per capita consumption of glass in India is 1.8Kg. With applications in large no of areas such as architecture and construction, most of the buildings from malls to office buildings and apartments use glass as well as fiber glass as walls and doors as decor. India’s glass export stood at $639 million which has shown an immense growth from $225 million in 2012.

Rubber and Rubber Products– India is the World’s largest producer and third largest consumer of natural rubber which produces more than 35000 kinds of rubber products. It is used for domestic as well as for international trade whose export was recorded as $5 Billion per annum.

Metal Sector – Raising its demand in automobile, capital goods and infrastructure, Indian metal players remain profitable in their sector. India is ranked as the third largest steel producer with production of 101.4 million tonnes of crude steel. GOI has allowed 100% investment in the sector along with exploration in the metal and mining sector which would boost the sector

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