Business from HomeeBook

 
12 Little-Known, High Profit, Low Startup, Kick Butt Business Ideas for 2005 and Beyond!
 
 
 
 
 


Kick Butt Business Idea #1

 


Sell Public Domain Information!


First, securing the rights to public domain information will cost you nothing- they are 100% free to use!


Second, there are thousands of works to choose from in thousands of categories. And since almost no one knows this opportunity exists you will be able to dominate entire markets before your competition even knows what hit them!


Third, since you do not have to purchase a large stockpile of inventory and you have no major competition you can spend your money where it matters most: creating marketing that makes you money!


There are books and manuals and music and other creative works whose copyrights expire almost every day. These are all potential information products that are FREE for the taking, if you know how to find them and how to re-publish them!


In fact, the vast treasure of public domain information is growing daily and a very tiny, miniscule percentage of the business public even know that they can be used without permission, without cost and without royalties or fees.


Using Public Domain words is absolutely the easiest way to start or expand an existing business with low risk and high profits! Your product is 'free' and when you sell it you keep 100% of the profits. If you ever see a better opportunity, please let me know!


This is a massive opportunity that has been created because thousands of books, music, movies and other 'works' have passed into the public domain in just the last few months and years.


Public Domain works are the perfect products to sell on the internet!


Since they cost you nothing to acquire your only cost is in duplication. Or, you can digitize the work and sell a downloadable version that costs you nothing.


Want to see an example? I thought you would never ask!


Here is a product I created from a public domain book I found in my local library. The book was called "Arts and Crafts for Home Decoration" and was written in the 1920's. It's basically a handicraft manual with chapters on making dolls, lamp shades, embroidered envelope pocketbooks, crocheted handbag, and many other items.


So I took the chapter on making dolls, scanned it and reprinted it into a little booklet that I re-titled, "Illustrated Doll Making Instructions." I then listed the booklet on eBay. Here is a partial image of the auction:


home business


That particular auction sold for $14.00. Not a lot of money, to be sure. But, my product cost was only what it cost me to have it copied - about 75 cents -- at my local self service print shop.


But, here is the important part: I now OWN the rights to this new booklet that I created from the original book. And since it is my own product I can make as many copies as I want and sell as many copies as I can - for a cost of only 75 cents per copy. (if I had it mass printed I could probably get the per copy price down to 25 cents or less)


But, it gets better...


From that one auction I had 8 unique bidders. So, after the auction ended I sent the seven losing bidders a "Second Chance Offer."


Note: Second Chance Offers are a little used - but very powerful -- feature offered by eBay. Basically, a Second Chance Offer can be sent to any of the non-winning bidders if the winning bidder does not pay the seller, if a seller has duplicate items, or the reserve price is not met in a Reserve Price Auction. Second Chance Offers can be created immediately after a listing ends for up to 60 days. Second Chance Offers contain a Buy It Now price equal to the nonwinning bidder's bid amount.


Out of the seven Second Chance Offers I sent three bidders took me up on the deal for an average Buy It Now price of $10.00. That turned into an additional $30.00 profit that took me about 1 minute to achieve. I have continued to re-list that same booklet several times and it has sold each time - at a final price of between $7.00 and $22.00.


That is just one small example of republishing Public Domain products. If I had the time I would locate other Public Domain books on doll making and create a website on the subject. I am sure the market exists for this type of information since I had no problem selling several copies of the first booklet.




© 2008