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Case In Point: A New, Profitable Way To Share Your Knowledge Marketing Articles | September 20, 2002 by Karon ... ? ... Every good marketer is always looking for new and ... ways to create residual streams of income. Viki Nygaard of Mount Evans Designs (http:
Every good marketer is always looking for new and profitable ways to create residual streams of income. Viki Nygaard of Mount Evans Designs (http:www.mountevansdesigns) has discovered one such way. Let?s eavesdrop on our conversation to find out how you can share your knowledge in a new, innovative way and earn a profit from two sources at once!
KARON: Hi Viki! Thanks for taking a few minutes to tell us about your endeavors.
KARON: Tell us what you?re doing in the ?knowledge? arena that?s bringing you success.
VIKI: I?m teaching online courses at a virtual school called LVS Online. (http:www.lvsonline)
KARON: ?Virtual? courses? How so?
VIKI: I create lesson plans, and send them to students (one per week) to complete. They then post their lesson assignments online for me to review, correct and critique. Everything I need to hold the classes is provided by LVS Online.
KARON: Sounds interesting! Tell us a little more? like? does it cost anything to teach virtual classes?
VIKI: In my case, it doesn?t cost me any money up front. However Womens Chauncey Gardner-Johnson Jersey , the school does keep a percentage of the profits. Of course, time is money and it does take a lot of time to actually write the lessons and also to communicate with the students, in both answering questions and critiquing homework.
KARON: So all your ?expense? is in time?
VIKI: Right.
KARON: You mentioned there are two streams of income that you get from teaching. One is obviously what you?re paid for each student who signs up. What?s the other?
VIKI: Backend sales of products or services I introduce to my students.
KARON: Ahhh! So LVS allows you to sell to your students?
VIKI: ONLY if it?s applicable to the class.
KARON: How much money can be made from the classes, Viki?
VIKI: Well Womens Erik McCoy Jersey , it depends on the number of students and a couple of other factors, but you could easily get between $500 to $1,000 per 6-week class session.
KARON: Really! Just from the classes? Great! And what are the qualifications for teaching virtual classes?
VIKI: I never had any prior experience before I started teaching. However, I have a high level of expertise as a Web site designer who specializes in search engine optimization designs. I am also highly computerInternet literate Womens Alvin Kamara Jersey , which is very important in teaching online classes. What I did was I wrote a few lessons and sent them to the owner of LVS to review. She felt that they were very well done and spoke to the students at a level they could learn at. I was invited to teach!
KARON: Super! So as long as you have expertise in your field, and can communicate well in writing, you?re likely to be accepted at LVS *if* they have an opening?
VIKI: It?s very possible.
KARON: Now, let me ask you this. How do you introduce additional productsservices to your students?
VIKI: I recommend additional products and services that compliment what I?m teaching in the lessons. I only recommend products that I own or services that I personally use or have used in the past and feel will truly benefit the students. I would never feel comfortable just shouting about every affiliate program on the ?Net in order to make a few extra bucks. In the final lesson Womens Marshon Lattimore Jersey , I provide the students with a checklist that outlines all the resources that I have recommended throughout the course.
KARON: And how receptive are they?
VIKI: Those who are really serious about learning and wanting to take their skills to a higher level are the ones who are most receptive. They will often ask a few questions about the productservice, which gives me the opportunity to ?sell? it to them by stating the benefits again.
KARON: And does it work? What?s your conversion ratio?
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