How Much Time or Money is Involved in Creating an Info Product?

How Much Time or Money is Involved in Creating an Info Product?

The first step in evaluating the "How Much" question is knowing first hand whether you will create your own product or hire a writer to do the work for you. Both processes and the required investments are outlined below.

Of course these are just baseline estimations. Depending on the info product you are thinking of creating, the length and detail of the content you'll provide in your ebook, and the price point you will be setting, time and expense will vary.

One quick way to determine how detailed your ebook will be and how much you'll be able to charge for it when you're finished is to check out the competition.

Note to new ebook creators: Don't be put off by the fact that competition exists! If you have competition for your product it generally means that there is a market for your information. All you need to do when you create your ebook is to ensure that your product is 'one better' than the existing product on the market. Checking out the competition will give you a good idea of price points - how much the market will pay - and best bet marketing practices. We'll talk more about this later or you can check out What's My Ebook Idea Worth? That ebook will take you through the steps of knowing your competition, evaluating a project before you start, and much more.

For now, let's get back to the outline of how much time and/or money is involved in creating and selling a niche market product.

Create Your Own Info Product

The table below shows that if you create the product yourself you'll need about 13 hours until product launch plus about $30 per month.

Create Your Own Product		Time/hr	$
	Evaluate an idea	1-3	0
	Create the product	5-10	0
	Set up a website	1	8/mth
	Write a sales letter	1	0
	Accept credit card payments	1/2	0
	Cheaply advertise your product	1/2	22+-

Have an Info Product Written for You by an Ebook Author

If you hire a writer to create your product, you'll see that it will cost you between $130-$480 and about 6 hours of time. I'm not implying that you can launch your product in 5 hours -- the writer will need some time to research and write your project for you.

Hire A Writer		Time/hr	$
	Evaluate an idea	1-3	0
	Create the product	1	100-450
	Set up a website	1	8/mth
	Write a sales letter	1	0
	Accept credit card payments	1/2	0
	Cheaply advertise your product	1/2	22+-

Which Route Will You Take?