Creating and selling digital products is one of the easiest ways to make money online. If you are creating your digital product all by yourself, you are expected to have 100% of the profit margin by the time you start selling.
Selling Digital Products is a great way to start an online business with no money. You can get tons of free websites or platforms to create and sell your digital product online.
Now what are digital products and how can you make money from them?
What Are Digital Products?
Digital products are products that you can create and sell online that people can stream or download. They are non-physical products. They can be in form of ebooks, online courses, templates, and so on.
Some digital products can cost you a little amount of money to create while some will not cost you any amount of money.
To create a digital product that will really make you money, you need to create something that people really want. This means you need to do market research. And then you can now create your digital product.
13 Digital Products You Can Sell Online
This is the most popular form of digital product that you can sell online and earn passive income for yourself. E-books are now becoming popular and accepted by most people. According to statista, in 2021, eBook revenue in the United States reached $1.1 billion.
You can publish an e-book for free or hire someone to design an e-book for you. And the best part is that you don’t have to create multiple copies of the ebook. You can continue to sell a single ebook a million times.
You can write multiple e-books on different topics if you want and be able to make even more money. But ensure you are creating high-quality ebooks and that you are writing about topics people really want to buy.
2. Online Courses
Online courses are another popular form of digital products. An online course is like a one-on-one classroom except that it is online. Online courses can be in different forms. They can be in form of text, audio, or video.
One thing about creating online courses is that it might take you some time to create your course, but once you do, you can make money from them by selling them over and over again.
Your students can take your course in their own time without having to worry about meeting deadlines or stressing themselves out. And you can create courses of different sizes at different prices.
You can create a guide to teach people how to do something they want to learn. Ensure you are giving quality information in your guide. This will really help you make more sales.
Your guide doesn’t have to be a long one. It could be a short guide that you can sell for $5 to $10 and you will still get people to buy.
Selling a planner is one of the new ways to make money online now. People now buy new planners every year to plan different areas of their lives. You can take that opportunity to create a planner that can help people in your niche plan their activities.
If you really want to make more sales with planners, ensure your panner is unique and original.
5. Stock Photos
Stock photos are another form of digital product to make some passive income online.
Creating an app is really a great way to bring in money. If you know how to create an app you can get an idea or create something unique that will attract a large number of users.
If your app can solve a problem that is faced by a large number of people, you could make a living from this.
You can even have a premium package on your app. This means that you can include in-app purchases for people who want more features and benefits on your app.
If you don’t know how to create an app, you can hire an expert to help you.
Most podcasts are free nowadays. People use their podcasts to promote their brands or businesses. You can also do this too.
On the other hand, you can create a subscription-based podcast where people will get to pay you to listen to your podcast. You must make sure you offer more features and benefits than a free podcast.
There are different kinds of templates you can create and sell online. A lot of people even prefer to use templates for their activities. Business owners use templates to make running their business easier and faster.
You can create templates that people need and sell them on Etsy, Gumroad, and so on.
Musicians can now make a living with their talents without having to be under a major record label.
You can record your own music, and make it available for sale or streaming on different platforms. Also, you no longer need to produce a physical product, such as a CD, you can make your music available as digital files and people can listen to them online.
You can sell your original songs, beats, drum kits, or sound effects. Platforms like SoundCloud or Audiomack can help you get started.
You might be surprised to see tutorials on this list because you can absolutely find any tutorial you need online.
Yes, I know. But if you make tutorials that are longer and more in-depth, you can still sell them and make money. People will still buy them in as much as they will get value from them.
11. WordPress Themes
A lot of people now make about 6 to 7 figures by just selling WordPress themes.
If you are a designer, you can create your own WordPress themes and sell them online. People sell their WordPress themes for between $20 to $500. You can price it anyhow you like and still make a lot of money from this.
Just make sure your WordPress theme is one people will want to buy.
If you are a software developer, you can create software that solves a problem and sell. This can really open a source of high revenue for you especially if your software is accepted by a large number of people.
People love software because it inevitably cures a pain point.
You can decide to sell your software as subscriptions instead of licenses. That is, your customers pay a monthly fee to use your software. As long as they pay, they retain access.
This is another great form of digital product you can create.
You can create and write workbooks to give people step-by-step instructions on a particular topic or subject. It can be a workbook on how to achieve a particular goal.
There are so many topics you can write about in your workbook depending on your niche. You can create workbooks for self-improvement, marketing, educational purposes, etc.
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