💼 Infobusiness: how to sell knowledge and earn money in 2024
When was the last time you thought about how your knowledge could make you a profit? Hundreds of thousands of people are already successfully making money selling information by creating an infobusiness. This segment of online business includes selling knowledge in the form of books, courses, consultations and coaching, and is one of the most accessible opportunities for aspiring entrepreneurs. Today, infobusiness is a thriving industry offering a ton of opportunities to monetize knowledge in any field. But what products can you sell, at what price and what is in demand in 2024? Let's figure it out.
📚 E-books: write, publish or resell
One of the most accessible ways to start an infobusiness is writing or reselling e-books. This is a good start for those who do not yet have much experience in online sales. So, how exactly does it work?
Write or resell?
Creating your own book is always a great way to start your journey in the info business. Many experts and entrepreneurs have become successful through publishing books that helped them gain recognition. For example, books by such famous authors as Maxim Batyrev have led to the creation of successful businesses. But if writing a book is not your thing, you can consider the option of reselling ready-made e-books. For a small amount, you buy the rights to the book and sell it in your name, making a profit.
How much can you earn?
Ebook prices can vary greatly. The average price for a single book in 2024 is between $5 and $1,000, depending on its content and audience. While selling books doesn’t always result in big profits, it’s an ideal way to get started, especially for beginners.
| Product | Format | Estimated price | Competition |
|---|---|---|---|
| E-books | PDF, EPUB | $5–$1000 | Tall |
| Paper Books (Print-on-Demand) | Physical format | $10–$50 | Average |
Selling books also helps promote experts and increase their popularity, making books an important element of personal branding. And if you are willing to work with books but don't want to write, reselling is your chance.
🗣 Online Consulting: Sell Your Knowledge Directly
The second most popular way to earn money in the info business is online consultations. People are always willing to pay for expert advice, especially if they see you as an authoritative professional.
How do consultations work?
The model is simple: you sell your time and knowledge. For example, if you are knowledgeable in psychology, business or even esoterics, your consultations can cost from $1000 per hour. Well-known info producers, such as Azat Valeev, offer their services for $30,000 for an hour and a half of communication, but beginners start with more modest prices. Consultations can cover a wide range of topics: from business and career to personal issues. This is a great opportunity to build a reputation and gradually increase the cost of your services.
Why is this beneficial?
People are willing to pay to have their problems solved. For example, in the fields of psychology or coaching, the cost of one consultation can reach $2000. Conducting several such consultations can bring tangible profit. Consultations can be:
- Individual, where work is done one-on-one with the client.
- Group, which allows you to work with several people at the same time and scale your income.
| Type of consultation | Estimated price per hour | Format |
|---|---|---|
| Individual consultations | $1000–$3000 | Online (Zoom, Skype) |
| Group consultations | $500–$1500 | Online (webinars, intensives) |
It is not only the price that is important, but also the quality. A unique approach and expert knowledge help to stand out from the competition and attract more and more clients.
🧑🏫 Personal coaching: guide your clients to success
Coaching is a special type of consulting in which you help clients achieve specific goals. The difference from regular consultations is that coaching involves long-term support of the client, rather than a one-time communication.
How does coaching work?
In coaching, you take a person by the hand and help them get from point A to point B. For example, if your client wants to earn $300,000 per month, you build the shortest path to this goal for them. For such services, clients are willing to pay from $400,000 for a three-month program. An interesting aspect of coaching is that the payment can be not only fixed, but also a percentage. For example, you can agree to receive 10% of the client's income after achieving his goals. Thus, you are interested in his success, and this motivates both parties to achieve results.
Benefits of coaching
Coaching is one of the most profitable types of infobusiness. In a few months of working with a client, you can earn significantly more than in a year on other infobusiness products. In addition, you are not just selling knowledge, you are actually helping people achieve their goals.
| Product | Estimated price | Duration of the program |
|---|---|---|
| Personal coaching | $400,000 | 3 months |
| Long-term coaching (year) | $1,000,000+ | 12 months |
Coaching offers not only financial benefits, but also the emotional satisfaction of helping others succeed.
⁉️🤔 Popular questions and answers
- What is infobusiness?
Infobusiness is a business based on the sale of knowledge, such as books, courses, consultations and coaching, via the Internet.
- How much can you make selling e-books?
In 2024, books range in price from $5 to $1,000, depending on their value and target audience.
- What is the most profitable infobusiness product?
The most profitable product is personal coaching, where income can reach $400,000 for a three-month program.
- How to start selling consultations?
To start, you need to define your area of expertise and offer consultations at a competitive price, starting at $1,000 per hour.
- What topics are most in demand for infobusiness?
In 2024, the topics of self-development, business, psychology, astrology and health are popular.
- Do you need to have a personal brand to run a successful infobusiness?
A personal brand helps promote infobusiness products, but it is not a prerequisite for starting out.
- Is it possible to make money by reselling other people's books?
Yes, reselling e-books is one of the options for making money in the infobusiness.
💎 Results and conclusions
Infobusiness is a great opportunity for those who want to monetize their knowledge. From writing e-books to consulting and coaching, everyone can find a niche for themselves. The key is the quality of the product and a unique approach that will allow you to stand out in a competitive market. Earnings in infobusiness directly depend on your efforts, expertise, and ability to offer your knowledge to the target audience.