Ok, so you created a great, fun or memorable video. Let’s call it “My Video”. It has been a labor of love for you and your group of collaborators. Here is the big question you have to answer. How do turn this digital asset into money that flow into your bank account?
The traditional method is selling My Video to a source that would brand, promote and distribute it for you. The benefit is that the corporation fronts all the money, takes all the risks and reaps the rewards. The difficulty is getting My Video to the right person, having them approve of your video and put it into their pipeline. It can take years to get to the
...often comply with it. This insecurity and imbalance makes them more persuadable. A study by Milgram and Sabini demonstrated that people riding the New York subway were twice as likely to give up their seats to people who surprised them ...
Another solution is to personally promote My Video. You will need to hire an advertising company to create a label and marketing materials. Next you need a contract with a distributor. Then you need to have My Video duplicated, labeled and boxed. After you fund an advertising campaign, you will go on local and national radio and television stations to get the word out. An 800 number and a fulfillment service are next on the list. The costs will be $40,000 to hundreds of thousands of dollars.
...their goals? What about your relationships? Imagine being able to overcome objections before they happen, know what your prospect is thinking and feeling, feel more confident in your ability to persuade. Professional success, personal happiness, leadership potential, and income depend ...
Minimum costs for 1,000 copies of My Video might be as follows:
Advertising and Marketing $20,000
-consult, development and printing
Duplication $1 per CD, $1,000
Distribution $6.00 per CD $6,000
- labels, case, & fulfillment services
Living Expenses for 7 months $14,000
Travel $300 per day on the road. $9,000
for 30 days
TOTAL
...through its production of six ball ornaments and twelve yarn figures. Now a host of ornament industries have made a beeline to woo the customers, through their wide range of keepsake ornaments. While purchasing, people want their Christmas ornaments to ...
If My Video sells for $15.00 each, you would have to sell 3,334 to simply break even. So My Video should have the realistic sales potential of at least 10,000 to 20,000 videos. We all have friends and family that are happy to helpful and supportive. Do you have 10,000 in your group? Most of us don t.
What is the solution? Find a venue in which you can distribute My Video to the world that is cost effective. Of course, you would need to design your logo and the trademark it. An application for an international trademark is $375. (www.uspto.gov/forms/index.html) To copyright My Video is merely $45. Find forms at http://www.copyright.gov/register/performing.html/. Hurray, now
...director who became known as the director of spectacles with biblical themes. The classic movie Ben Hur was made in 1926 and it was the most expensive production made in the era of silent films. It was Frank Niblo's adaptation ...
The next challenge is to create a market without hiring an advertising company (or several). The answer is found in the emerging digital technology on the internet. By posting it on popular social network video sites you can generate many hits. Be warned; don t just get the many hits on your site at You Tube or My Space page. You need to protect and monetize this content. Making money from your efforts of My Video is the goal…right? By posting it on You Tube, you give up ownership of your content. It becomes public domain.
...your own trademark. You should also consider the domain name issue. Do not make the mistake I did and let someone else snatch up a domain name that matches your trademark. Be sure to visit the U.S. Patent and Trademark ...
The magic of the internet is the viral nature of connections. One person likes your content and tells their friends, who share it with their friends. Your group of 10 best friends each sends 20 messages, now you have 200 people telling their best friends. If those 200 people helped you sell just 5 My Videos and then it stopped totally you are successful.
Do the math! If you sell you My Video for $15 and your costs are $7 to duplicate, label and ship, your profit is of $8 on each video. Therefore selling only 1,000 will produce
...cockateel bird as a pet is most rewarding, as they give you unconditional love for many happy and eventful years. They are inquisitive and life is never boring when there is a cockateel near by. Monika Mundell is a "bird ...
Just imagine if those 1,000 like your content and told another 5 each. Now your profit is an additional $32,000. Have a great party and start making your next video!
If you would like more information on my MLM business, try [http://www.dranney2.info]Anney s Technology MLM
To read a few chapters of my book, Money From the Inside Out, visit my website at [http://www.dranney3.info]Dr. Anney.com
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