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Your Position: Home - Measurement & Analysis Instruments - 5 Reasons Why Your Business Needs digital pattern generator for sale?

5 Reasons Why Your Business Needs digital pattern generator for sale?

13 Profitable Digital Products And Where To Sell Them

Get inspired by these profitable digital products and learn what marketplaces you can sell them on.

If you are looking for more details, kindly visit digital pattern generator for sale.

Selling digital products is a low-cost, low-hassle way to open a new revenue stream. Whether that stream is a trickle or a torrent will depend on how much time you invest, the quality of your products, and how well you promote them.

You may have hopes of making it big, or maybe you just want a passive income stream that can grow to eventually replace your job.

Whatever your reasons are, diversifying your revenue&#;and finding new ways to earn from home&#;is a smart move. Best of all, you get a chance to put your knowledge and talent to work helping others.

This article should give you an idea of the best digital products that you can sell online and where you can sell them.

Skip ahead:

What is a digital product?

A digital product is any virtual or intangible item that you can buy and sell online. 

Ebooks and webinars are part of this, yes. But it also includes paid subscriptions to your favorite creator&#;s social media page, community memberships, newsletters, and so much more &#; which we&#;ll cover shortly. 

As long as you&#;re selling or buying something that doesn&#;t have a physical form you can hold and feel, it passes for a digital product. 

Why sell digital products?

Why bother selling something that isn&#;t tangible? Here are a few reasons. 

  1. There&#;s a huge demand for digital products

By , the digital product industry will be worth $74 billion, per a JP Morgan study. This translates into a large potential market for digital creators, whether you&#;re new or have been at it for a long time. 

The truth is that many people want access to your knowledge and expertise and are willing to pay for it. All you need to do is package it into an easily accessible format that delivers value to them &#; and you&#;ll earn your share of the market. 

  1. Low barrier to entry

Creating and selling digital products requires minimal technical skills and resources, making it easy for anyone to get started. You don&#;t need to have a physical storefront, technical skills, or even a large team to create and sell digital products.

As long as you have access to the internet and are willing to share your knowledge, you can create a digital product from any part of the world. Plus, you&#;re not restricted to a physical location when it comes to sales. 

Digital products can be sold globally without any geographic limitations. This means that you can reach customers from all over the world, expanding your customer base and potential revenue. 

  1. Diverse range of products 

There&#;s more than one way to monetize your knowledge. Not a fan of writing? You can create a webinar, sell consulting packages, sell membership packages for your social accounts, templates, and so much more. 

No matter what your bandwidth, skills, and interests are, you&#;ll find a digital product format that works for you. 

  1. It&#;s cheap to create

Digital products have lower overhead costs than physical ones. 

You can create a digital product using your knowledge (which is free)  and some free and low-cost online tools. Let&#;s say you want to write and sell an ebook; here&#;s a 3-step process that costs little or nothing: 

Steps

Tools

Process

1. Create

1. ChatGPT (Free)

2. Google Docs (Free)

Once you come up with an outline, you can input it into an LLM chatbot like ChatGPT to generate a first draft. Then edit and host the final copy in Google Docs. 

2. Host

1. Carrd (Free)

2. Thinkific (Free)

Create a free ebook landing page on Carrd. 

Alternatively, use Thinkific to host, sell, and market your ebook from a single platform. 

3. Market

Social media (Free)

Promote your course for free on your social media channels. 

 

It&#;s different when you&#;re creating paperbacks. For one, you&#;ll need to pay for physical book production, which can cost thousands of dollars depending on how many you print. On top of that, you&#;ll also incur third-party costs like shipping fees. 

  1. It provides passive income 

If you&#;ve already got a day job keeping you busy, the digital products you sell online can keep money coming in even if most of your week is spent at your full-time gig. 

You can market and sell your digital product on auto-pilot with a sales funnel. A sales funnel is an automated sequence that captures potential customers and nurtures them until they make a purchase. It sounds complex, but it&#;s a series of simple steps that pretty much looks like this: 

The link to download lead generation asset your social media profile &#;&#;Landing page with capture &#;&#; Digital product promotional emails &#;&#; Landing page for product purchase and access

Once you&#;ve set this up, you can make money from your digital product all year round with minimal effort.  

  1. Serve a niche at scale

Sometimes, it helps to be good at something obscure. Honing in on a specific audience with specific needs is easier than competing broadly.

Lots of people want shredded abs in 30 days. A much smaller minority wants the perfect physique for water polo. That&#;s called serving a niche.

The challenge with selling niches locally is there often isn&#;t a big enough market to sell to. But even the smallest niches are big enough to serve globally with no geographic boundaries limiting who you can sell to.

  1. Leverage the shift towards online education

With more businesses shifting online, the demand for digital products continues to grow, with the demand for online courses estimated to reach $319+ bn by .

And adoption is accelerating&#;our report on the impact COVID-19 had on the online course industry found a 217% increase in student enrollment in online courses in the second half of March , as COVID social distancing measures came into play. Now that we&#;re coming out of COVID, the demand for online courses is here to stay!

The top 13 digital products you can sell online

Now that you know what digital products are and what their benefits are, let&#;s look at 13 of the most popular digital products you can create and sell this year. 

  1. Ebooks

Many creators are making bank from selling ebooks. Take Carol Tice, for example. She has made over $45,000 selling ebooks with minimal effort. 

You don&#;t need to be the world&#;s greatest novelist to write a book thousands will buy. Think about what you do best and how you can teach it to others in writing. 

For instance, Tiffany &#;The Budgetnista&#; Aliche is a financial educator with the goal of empowering women worldwide. She runs a popular online school, the Live Richer Academy. On top of that, Aliche has published a number of successful ebooks for students and non-students alike.

Before you create an ebook, make sure there&#;s a market for it first. You&#;ll need to do two things here: 

  • Ask your audience what challenges they are facing and pick one you can solve with your knowledge

  • Ask your audience if they like to read ebooks or prefer some other content format 

Once you&#;ve established demand for it, you can create your ebook using the steps outlined in this article. On a high level, you&#;ll need to come up with a topic and outline, develop the outline, proofread the content, and create a simple book cover using a tool like Canva or AI art generators.  

Where to sell ebooks

You can sell your ebook on a self-hosted platform created with Thinkific. You can also sell it on ecommerce marketplaces like Amazon and Smashwords. 

  1. Courses 

Teaching online lets you turn something you already have&#;your expertise&#;into a new source of revenue. If you have the expertise, and a passion for sharing it with the world, then an online course is the perfect digital product for you to sell.

People are eager to learn from home, whether they want to learn a new hobby or advance themselves professionally&#;you can serve them by launching a digital course.

The appeal of creating online courses isn&#;t just limited to traditional classroom environments like high school and university, or corporate trainers adapting with remote onboarding&#;  And you don&#;t need to be formally trained as an educator, either.

You can create an online course to teach people just about anything &#; from tai chi and drone piloting online to yoga and guitar.

Here are some other areas of expertise that we&#;ve seen translate into profitable online course businesses to give some ideas of what you can teach:

  • Sewing

  • Yoga classes

  • Laughter yoga

  • Guitar lessons

  • Meditation

  • Dance classes

  • Juggling

  • Resumes and job search

  • Professional development

  • Arts and Crafts

  • Photography

  • Copywriting

  • Graphic Design

Where to sell online courses

If you don&#;t want to deal with the pressure of self-hosting and marketing your online course, you can sell it on a global marketplace like Udemy and Coursera. Once your course meets their standards, these platforms will add it to their library and market it to platform users on your behalf. 

Alternatively, you can create and sell online courses on your own website using Thinkific. This gives you total control over your course material and students. 

  1. Memberships and paid communities

If your goal is to build recurring revenue by building and serving a community on an ongoing basis, then a membership is the perfect digital product for you to sell.

Whether you plan on selling a series of online courses, or simply charge members for the ability to pick your brain, a membership site can help you build up a monthly revenue stream.

Membership sites aren&#;t just geared towards one specific type of business. As you can see from these membership site examples, anyone with niche expertise and a passion for sharing it with the world can create one.

With a paid community membership, students get the chance to participate in exclusive discussion groups, workshops, and Q&A sessions. And when they subscribe, they add to a steady, predictable stream of income for you, their teacher.

In addition to offering standalone yoga classes geared towards a range of skill levels, Lasater Yoga has bridged the gap between online courses and membership sites by offering personalized mentorship through monthly office hours calls. You can purchase any of their classes, but for $19 per month, you get the full experience and the opportunity to engage the experts.

Where to sell memberships

If you already have a strong social media following, you can sell your membership program on your social account. Your audience already knows and trusts you and is likely to sign up for paid membership. 

  1. Graphic design

If you&#;re a graphic designer, you already have the tools you need to create digital items that sell. That&#;s because other designers, some of them on tight deadlines, are looking for the elements they need to make their work shine.

Vector icons, textures, objects, typefaces&#;there&#;s a whole range of digital products you can create and sell on the side while you work day-to-day with clients. If you have a passion for design, it can be a chance to let your creativity shine outside of a client&#;s project.

For instance, Iuliia Mazur is a professional graphic designer based in Ukraine who sells popular clip art packs on the side. By selling her designs on Creativemarket.com, she can generate passive income and leads for her freelance consulting business.

Where to sell art and design

There are several platforms where you can sell your art and design work online. Some popular options include Etsy, Society6, Redbubble, Fine Art America, and Artfinder.

Additionally, you can always sell your work directly through your own website or social media channels.

  1. Templates 

There&#;s a world of people who want a head start on whatever it is that they&#;re working on&#;from WordPress bloggers to newlyweds.

Why reinvent the wheel? A template can save someone the effort of designing a website from scratch. It can also help them get their wedding invitations sent out on time, create personalized business cards, plan their marketing strategy, crunch some numbers on Excel, or polish their resume in a pinch.

For instance, designer Janna Hagan made over $5,000 just selling resume templates during a period between jobs. Obviously, not everyone is going to have the same level of success&#;but reading Jana&#;s story may inspire you to start your own venture.

Other templates you can sell include:

  • Business planning templates

  • Marketing strategy templates

  • Excel templates

  • Google Data Studio Analytics templates

  • Business contracts

  • Canva Templates

  • WordPress themes

  • DIY home project blueprints

  • PowerPoint presentations

Where to sell templates

Look for niche marketplaces where you can sell your template. Say you&#;re selling WordPress themes, Theme Forest is a great choice. Meanwhile, Notion Utopia is the top marketplace for &#; you guessed it &#; Notion templates. 

You can also sell templates on the social platform where your target audience hangs out. For example, if you&#;re selling a social media calendar template, you can market it on LinkedIn, X, and Instagram. 

  1. Craft patterns and downloadable prints

If you decide to sell on Etsy, you&#;ll be marketing your digital products to a captive audience of 46 million, many of whom joined the site because they love crafting and DIY projects. There&#;s a huge market for patterns&#;for sewing, knitting, macrame, papercraft, and just about any project you can imagine. 

On top of that, there&#;s the printable market: whether you offer coloring pages, kids&#; workbooks, posters, or birthday cards, someone out there is looking for them. For instance, Lena Miramar&#;s summery printable posters are a huge hit, and she&#;s built a business out of selling digital files.

Where to sell craft patterns and downloadable prints

 

Etsy is obviously the first choice. But, if for some reason you don&#;t want to sell on Etsy, you can explore platforms like Shopify and Makerist. 

You can also set up a store on your preferred social platform &#; like a Facebook or Instagram store &#; to sell your prints. 

  1. Music and audio

The hills are alive with the sound of music. Or the internet is, at least. Podcasters, YouTubers, bedroom pop stars, film producers, marketing teams&#;they all use audio in one form or another, and they&#;re all in the market for that special element to make their work stand out.

Examples of audio products include:

  • Beats and instrument samples

  • Plugins for music software

  • Stock music

  • Sound effects

For instance, Mattia Cellotto is a digital sound producer who sells recordings of everything from trained animals to vintage lab equipment.

Where to sell music and audio

You can independently publish and distribute your music on digital music stores like CD Baby and Tunecore. These platforms will help you publish your music on streaming platforms and online stores for a fee. 

If you want to sell stock or royalty-free music, you can use platforms like Audio Jungle and Pond5. 

  1. Stock photography

Stock photos get a bad rep. We&#;re all familiar with the cliché: a model, awkwardly posed, performing some indecipherable activity against a stark white background. Or better yet&#;viral sensation, Hide the Pain Harold.

However, beautiful stock photography does exist&#;just check Unsplash for inspiration. If you have an eye for light, color, and framing, selling your photos online can supply you with a steady side income.

Another option is to give away stock photos for free in order to promote other products. For instance, self-described &#;hobbyist photographer&#; Annie Spratt shares free photos on Unsplash. But she also sells photo rights online. Customers can buy full commercial licenses on a per-photo basis, which allows them to legally create and sell prints of the work.

Where to sell stock photos

Stock photography marketplaces like Alamy and Shutterstock pay percentage commissions for photo sales.

SmugMug, on the other hand, is a paid membership platform for stock photos. Once you sign up, the platform takes care of sourcing buyers for your photos. On top of that, it will let you keep up to 85% of the profit on the sales. 

  1. Software and games

It&#;s no secret there is a large market for both software and digital games. While both of these digital products require coding knowledge to create, for those who do have a development background, they can be immensely lucrative. If you&#;re interested in getting into the software or gaming market and don&#;t have the technical skills to build a product yourself, consider working with someone who does.

Software can be any solution or software that is powered by code. This includes mobile apps, web apps, desktop software, and many other options. The difference in effort between a basic mobile game, for example, vs. complex accounting software, is something to take into account when scoping out what kind of software you would like to sell. Smaller niche software offerings may be a faster route to making money.

The indie gaming market has also exploded in the last few years, with platforms like Steam allowing developers to sell directly to gamers without large studio interference. Games like Hollow Knight and Among Us both have indie roots and have exploded in popularity. While creating a digital game is undoubtedly a large time commitment, the payoffs can be major.

 

 

 

Where to sell software and games

 

Shopify is one of the most popular platforms for selling software. It lets you upload digital copies of your software. Customers can download these after making verified payments. 

On the other hand, many creators like to sell games on Ecwid. You can create a free online game store or set up an Ecwid store on your website to make sales directly. 

  1. Webinars

If you don&#;t have the time to write an ebook, consider hosting a paid webinar to share your knowledge. 

It&#;s an easy way to build authority in your industry, plus the resale value is great too. You can record and sell it to people who couldn&#;t attend the event live. 

Freelance writing business coach, Paulette Perhach, hosts a paid webinar at the beginning of the year to help writers set their goals for the year. She&#;s built up credibility in her niche, so it&#;s easy to convince people to sign up to learn from her. 

If you&#;re just starting out, a webinar might not be the ideal digital product for you. Build credibility by sharing your knowledge for free first. When you&#;ve gained a loyal audience, you can ask them to pay to learn from you in real-time. 

Where to sell your webinar

The first place to promote your webinar is your social platform. After all, people who are already familiar with your knowledge and expertise are more likely to pay to learn from you than those who aren&#;t. 

You can create a landing page webinar using Thinkific for registrations. You can also host the webinar recording on Thinkific for post-event sales. 

Related: How to create a webinar

  1. Coaching and consulting sessions 

Another way to monetize your knowledge is to provide paid coaching and consulting services. On average, consultants make more than $8,000 a month, so it&#;s a juicy financial reward for your expertise. 

We&#;ll recommend this digital product for busy 9-5ers who want to make some extra cash on the side. On top of that, it helps you build credibility within your industry and become an authority in your niche. 

You can organize one-on-one coaching sessions, or group calls with a small community. These sessions can be offered as one-time purchases or as part of a package that includes multiple sessions. 

You can even offer tiered coaching packages where people pay more for a one-on-one session or pair your consulting offering with paid membership communities &#; it&#;s up to you! 

Where to sell your consulting and coaching packages

Use Thinkific to create a landing page or website for your coaching and consulting services. It&#;s free and saves the time you would have otherwise spent on building a website from scratch. It also gives you full control over your branding, messaging, pricing, and overall website aesthetics. 

Alternatively, list your coaching services for free on coaching directories like Noomii and Life Coach Hub to connect with potential clients. These directories are often free to join but may charge a fee for premium features.

Learn more: How to set up an online coaching business

  1. Social media paid subscriptions 

Social platforms like X and Instagram have rolled out subscription services, providing another path for digital creators to earn from their audience. Creators like Bianca Araduta and Dan Pulzello diversify their Instagram earnings via paid subscriptions. 

On Instagram, for example, verified creators can ask their audience to pay a monthly fee to access exclusive content. The same goes for X &#; if you&#;re a verified creator with 500 followers, you can receive payments from your followers via paid subscriptions. 

Subscriptions are a low-hanging fruit for creators who already have an active audience on social media. If you&#;ve built a loyal following, then a handful or more of them are definitely willing to pay for exclusive access to your content. 

Where to sell paid subscriptions 

You&#;ll sell subscriptions on the social platform you want people to subscribe to. Say you want people to subscribe to your Instagram account; you can record a reel telling them that you now offer subscriptions plus the type of content they&#;ll get if they sign up. 

Are you interested in learning more about sfe? Contact us today to secure an expert consultation!

Learn more: How to set up Instagram subscriptions 

  1. Newsletter subscriptions 

If you have an active social following but don&#;t want to offer paid subscriptions, you can sell newsletter subscriptions instead. In other words, people pay to receive exclusive newsletters from you at regular intervals. 

You can sell newsletter subscriptions as a standalone digital product or as part of a community offering. For example, you can pair community memberships or coaching services with the newsletter offering. Creators like Jujureel offer a closed paid community and newsletter. 

Where to sell newsletter subscriptions 

You can start subscription-based paid newsletters on Substack and Patreon. These platforms charge a percentage of your profits and handle all of the admin work for setting up your newsletter and collecting payments. 

You can also host your newsletter on platforms like Beehiiv and Convertkit. Beehiiv offers a referral program that rewards subscribers for sharing your newsletter with their audience &#; helping you reach more people organically and hopefully convert them into subscribers. 

Learn more: The best paid newsletter platforms for creators. 

Selling through marketplaces vs self-hosted platforms

Marketplaces like Amazon, Skillshare, and Udemy will take a big cut of your profits in exchange for the consumers they bring you. You don&#;t have any control over the branding, and it&#;s their logo on the site, not yours. When someone views your listings, they&#;ll also see your competitor&#;s products.

Marketplaces should be viewed as a marketing channel to complement your storefront because they are a great way to generate leads that you can drive to your own online store for larger purchases and subscriptions.

Related: How to Sell Digital Products on Amazon

Platform BasicsUseful FeaturesEtsy

Best for: Downloadable prints, craft designs, and how-to guides.

Cost: $0.20 for a 4-month listing, plus 5% of each sale

  • Large community of crafters and vintage sellers you can target 

  • Small percentage taken from each sale 

  • Option for an unbranded online store using Pattern

Amazon

Best for: eBooks, music, or art.

Cost: The individual plan costs $0.99 per unit sold, and the professional plan costs $39.99 per month no matter how many units you sell.

  • Kindle Direct Publishing (KDP) is a massive platform for ebooks sales

  • Super easy word doc to ebook conversion

  • Massive user traffic

Skillshare

Best for: Online courses

Cost: You are paid a relatively small royalty for the number of minutes students watch your courses (about $200/ month for first-time producers).

  • Good for lead generation / promotion

  • Shorter class formats

  • Mobile app

Udemy

Best for: Online courses

Cost: Revenue share (50% of revenue goes to Udemy for being listed in their marketplace).

  • Lead generation / promotion

  • Longer class formats

  • Mobile app

 

Read More:

New platforms for selling digital products seem to pop up every day. Below, you&#;ll find six tried-and-true industry standards, and how they&#;re used.

Selling digital products on Amazon

As one of the Big Five tech companies, Amazon seems like a natural first choice for getting your product out into the world. But how well does it work with digital products?

While Amazon lets you sell music and videos, the service was originally designed for physical products. For digital items, you can find more robust, easier to use solutions tailored to what you&#;re selling for a lower price.

Where Amazon shines, though, is ebook sales. In , 83% of independently published ebooks (books without ISBNs) were sold through Amazon, and they claimed 47% of ebook sales overall. 

More than market share, Amazon boasts an easy-to-use publishing platform, Kindle Direct Publishing (KDP). If you&#;re just testing the waters, KDP could be a great intro to online publishing. As writer Biron Clark explains, formatting your Kindle ebook is as simple as uploading a Word document.

If you&#;re selling other products besides books&#;such as classes or workshops&#;Amazon isn&#;t a one-stop solution. But Amazon&#;s suggestion algorithms make this marketplace a great source of awareness for other products you may be selling

Selling digital products on Etsy

With more than 46 million active users, and 15 years dominating the market, Etsy is the go-to online service for craftspeople, artists, and vintage sellers. 

It can also be an excellent place to sell digital products. For example, a search of &#;sewing pattern pdf&#; brings up over 400,000 results. Not only does Etsy make it easy to upload and sell craft guides, it exposes you to a huge market of crafters and DIYers&#;some of whom are bound to fit your niche. Instead of selling someone a poster, you can sell them a downloadable print.

Etsy is more suited to digital publications whose value lies in their visuals. Amazon&#;s Kindle has graphics support, but you won&#;t find many coloring books or clipart collections in that format. For visually rich items, and the people who want to buy them, Etsy is your best choice.

On the other hand, Etsy&#;s features for selling audio or video items aren&#;t robust. If those are going to be the bread and butter of your business, you&#;re better off going a different route.

Etsy is sort of like a marketplace, that gives you the option to open your own e-commerce storefront. If you&#;d like to have your own site on top of Etsy&#;s marketplace, Pattern lets you design and launch a separate, non-Etsy-branded website. Your Etsy shop will still exist, and automatically sync with your Pattern site. But you&#;ll have the chance to do your own branding, with your own domain.

Selling digital products on Shopify

Shopify has rapidly become one of the most popular e-commerce sites in the world, but people aren&#;t just selling physical products on Shopify. 

Their Digital Downloads plugin allows you to offer digital products in your store. When someone purchases a digital product from you on Shopify, they can download the product immediately, and receive a link to download in their .

You can even add online courses built on Thinkific to your Shopify store, which means that you can sell other products alongside your course, like a physical copy of your book, an ebook, templates, merchandise, bonus study guides, and whatever else you want.

Selling through an online course marketplace &#; Udemy & Skillshare

Because Udemy and Skillshare are online course marketplaces for students looking for online courses, these platforms are a great way to generate awareness.

But there&#;s a catch&#;

You&#;d have to sell a lot of courses on these platforms to make a profit because of their profit sharing and royalty schemes, as well as limits on the price you can charge.

Udemy

There&#;s no fee to host a course on Udemy, and you can publish as many courses as you like. The catch is, Udemy will keep up between 50% &#; 75% of your revenue in exchange for driving visitors to your courses.

Skillshare

Skillshare operates under a subscription model, which means students pay a recurring fee for unlimited access to the entire catalog of premium classes. Teachers are paid out from a royalty pool based on the number of minutes their courses were watched by premium members.

As you can see, it&#;s best to view these marketplaces as a lead generation source that drives people back to your own online course platform for larger purchases and recurring revenue.

Selling with an online course and membership platform &#; Thinkific

(Hey&#;that&#;s us!)

If you&#;re ready to create and sell online courses, and you want to keep all of the revenue for yourself, Thinkific should be the first place you look. Thinkific is designed for independent instructors who want to teach what they know, rather than spend time learning a new software platform.

Since Thinkific provides the tools to create your digital storefront, you have complete control over how much you charge, and the design of your site.

It&#;s a great way to take one step beyond ebooks. If you&#;ve already had some success selling your book online, Thinkific lets you take that information and turn it into a rich, feature-filled online learning experience. Get started with our guide on how to transform your book into an online course.

You can take a full tour of Thinkific&#;s core features by signing up for free. Since the trial has no expiry, you can create and sell 1 course with students on Thinkific for free.

Promoting your digital products

There are a number of different ways to promote your digital products, and what works the best will depend greatly on the platform you are selling on and what you&#;re actually selling. However, there are some principles to keep in mind across the board.

Don&#;t rely on your chosen platform to market your products. For example, if you decide to sell on Etsy or Amazon, you can&#;t expect to gain large amounts of traffic just for existing on these marketplaces. Build audiences for your products through social media platforms like Instagram or TikTok. If you&#;re stuck for ideas, pay attention to the most popular content and emulate those posts.

Once you start to see some growth try networking with other digital product creators in your space. This will help you build connections, get tips, and open up opportunities to cross-promote. If budget allows, try out a few paid advertisements on social media or on your selling platform if the platform supports ads. Test some different ideas and pay attention to what converts the most people to buy your product.

Digital products FAQs

Find answers to common questions about buying and selling digital products. 

  1. Can I sell digital products without a website?

Yes. You don&#;t always need a website to sell digital products. You can host your digital products on third-party websites and marketplaces to make them available to potential customers. You can also sell your digital product exclusively on social media using in-app marketplaces and organic promotions on your page. 

If you decide to create a website, you can do so easily with Thinkific. Thinkific has drag-and-drop templates that you can use to create a professional landing page for your digital product quickly. 

  1. Can I make money from selling digital products? 

Yes. Digital products can provide both passive and full-time income for you. Many creators earn exclusively from selling different types of digital products like ebooks, paid subscriptions, and membership communities. 

  1. What is the best digital product to sell? 

There&#;s no consensus on the best digital product to sell. It all depends on your skills, time, and audience. If you&#;re a photographer, you can sell stock photos and paintings. If you have an engaged social media following, you can sell membership subscriptions and newsletters. 

  1. How do I start making digital products?

     

First, you need to figure out what topic you&#;ll cover in your digital product. This should ideally be an area of knowledge your audience is struggling with. Next, choose the type of digital product and create content for it. 

You can read our article on how to create digital products for the full scoop. 

Conclusion

With The Leap, creators can build digital products and an online storefront in no time and for zero dollars. If that&#;s not music to a creator&#;s ears, we don&#;t know what is. Ready to create and sell your own digital products? Try The Leap for free today!

This post was originally published in and refreshed in January to be even more useful. 

How to Sell Digital Products [+ 10 Best ...

What do ebooks, graphic design software, and online courses have in common? They're all digital products. 

These products aren&#;t tangible, but they play a role in our daily lives and are no less valuable than physical products. 

Because digital products are so ubiquitous, selling them can be profitable for your business. Doing so comes with some unique benefits like low overhead costs and not having to worry about storing inventory. These advantages make selling digital products a good option for artists, educators, writers, freelancers, and more.

How can your business sell digital products? In this blog post, we'll cover the following:

What is a digital product?

A digital product is a non-physical, non-tangible product. While you may not be able to hold it, it's still a product that you can use, purchase, or consume.  Examples of digital products include music and TV streaming subscriptions, software, downloadable templates, and online courses.

There are a number of reasons why selling digital products is advantageous for businesses. In the section below, we highlight the top benefits.

Why sell digital products?

No Inventory to Store

Inventory storage can be expensive and cumbersome, with facility costs, risk mitigation costs, taxes, and obsolescence costs, to name a few. Warehouse space costs an average of $7.96 per square foot.

By selling digital products, you can lessen or eliminate the need to store goods, saving money on renting storage space. Without inventory to store, you can also avoid the additional costs of buying packaging and mailing products.

Flexibility in Fixing or Adjusting a Product or Service

Should a customer have an issue with a digital product, addressing their issue could be easier than addressing problems with a physical product. A physical product that doesn&#;t meet a customer&#;s needs could result in returns, recalls, or redistribution costs.

Low Startup and Overhead Costs

Selling digital products doesn&#;t come with the startup costs associated with selling physical products. These costs include storage, labor, and shipping. Oftentimes, you can start selling on ecommerce platforms for free, with upgrades available. The main investment is your time.

Flexibility in Choosing and Launching Products

Selling digital products offers far higher flexibility than selling physical products. If you want to launch a new product, the process is far easier and the possibilities are endless. For example, let&#;s say you have a print magazine. You can also launch a newsletter subscription for your magazine so readers can stay up to date.

Digital Products Can Create New Revenue Streams

If your business sells physical products, selling digital products is a relatively easy way to add another revenue stream. Digital products can complement physical products &#; for example, an artist who sells ceramics can create an educational podcast about their practice.

Brands that already have a successful digital product can expand their digital products as their audiences grow. For example, HubSpot started as a CRM but has since expanded digital product offerings.

While selling digital products can seem like an intimidating task, it doesn&#;t need to be. You can get started with the four easy steps below.

How to Sell Digital Products

1. Brainstorm potential digital products

Decide what kind of digital products you want to sell and determine what your offerings will be. Creating a preliminary product catalog will help you organize your offerings and ideas. 

Once you've made a list, begin to narrow it down to a lead product and a few other backups. Then, you can use market research (which we cover below) to give some early validation to your product choice.

Most product developers or business owners that find success start with these strategies:

  • Considering the pain points or opportunities within the industry their current business is within, and what digital products could solve for. 
  • If they already own a business or are in product development for their business, what are digital products or services that could solve the pain points or fill the gaps that their customers or audiences consistently face?

2. Conduct market research

Validate your product ideas by conducting market research, which will help you determine what to sell. You can gather information through surveys, focus groups, and interviews.

While market research sounds like a daunting, expensive, or time-consuming task, many strategies &#; like using social listening tools to scour public social media commentary, or sending out a survey you made for free to connections in your industry &#; don't have to be pricey but could help you recognize product opportunities that will yield major ROI.

3. Identify Your Target Audience and Buyer Personas

It is integral to figure out who you&#;re marketing your digital products to. As your conduct, market research, gather the insights to determine your target audiences and buyer personas (shown in the image below).

Create a buyer persona using HubSpot&#;s free tool.

Target audience: A target audience is a group of customers defined by characteristics and demographics. Determining your target audience is a key pillar that influences a business&#; decision-making.

Buyer personas: A buyer persona is a detailed, semi-fictional representation of your target customer that is informed by qualitative and quantitative data about existing customers and market research.

Getting started with figuring out your target audience and constructing a buyer persona can seem daunting, but these questions can serve as a starting point:

  • How many buyer personas and target audiences should I start with?
  • What will identifying the target audience or buyer persona help me with? 

By answering these questions, you will gain a clearer idea of who you&#;re going to engage with.

4. Create a marketing plan

As you build out your site and online store, you'll need to figure out how you want to market your digital product. Think about what channels of promotion you will utilize: social media, website, and newsletters, for example. Before you release your product, it would be advantageous to gain a following and launch campaigns promoting the product.

How can you grow traffic and convert visitors? You will also need to figure out what marketing tools to add to your arsenal, like marketing and landing pages. 

Tools like Hubspot&#;s Marketing Hub can help organize your marketing efforts.

5. Determine your sales plan

In addition to figuring out your marketing plan, a sales plan will help you gain valuable insights about your prospects and gain more customers. As your business expands, automation will be essential for saving you time &#; products like HubSpot&#;s Sales Hub can help your business grow.

6. Launch an online store

In the digital world, you need some sort of site or marketplace page that serves as the central hub for your digital products and business. Not only will you use this to sell products, but you can also use it to gain brand awareness from those who find you on search or other online channels.

For new entrepreneurs or physical business-owners beginning to dabble in digital products, the easiest place to start might be an online store or marketplace like Shopify, Etsy, or Whop.

Many of these marketplaces already have an audience since people go to Etsy to search for products. You can also build your store front and product listings around easy-to-use templates. 

Ultimately, you'll eventually want to consider expanding to your own website. Luckily, technology has made it easy for less tech-savvy people to build websites with purchasing pages included. 

For example, setting up an online store is easy when using tools like HubSpot&#;s free CMS. With pre-designed but easy-to-customize templates (for page formats like landing pages, homepages, purchasing pages, or blog posts), you can build a fully operational website from scratch with zero coding knowledge. 

HubSpot&#;s free CMS

By having your own online store or a website with purchasing pages, you'll have great flexibility in customizing branding, messaging, and how you sell your product.

10 Best Digital Products to Sell

Courses

Learning is a lifelong process and digital courses show no sign of slowing down. In fact, revenue in online education is projected to reach $166.60 billion in . Online courses can span a wide range of topics: coding, cooking, finance, language learning, web design, and more. They can be for anyone, from high school students to professionals.

If you are an expert on a particular topic, selling online courses is a great way to share your knowledge with others. These courses can take the form of a video series, text-based learning, interactive material, or a combination of them all.

For example, Sur La Table offers a wide range of cooking courses.

Ebooks

Ebooks are electronic books that can be read from a computer, smartphone, or handheld device like ereader. They are widely favored by readers &#; the ebooks market is projected to reach ereader market is projected to reach $14.21 billion by . Ebooks are favored for their convenience.

Readers can access multiple books from one device at any time, whether they are at home or traveling. The portability makes ebooks an attractive option for traveling &#; rather than lugging books on the road, readers can access however many books they want with an ereader.

You do not need to be an established author to publish an ebook. There are plenty of ebook genres to delve into &#; educational topics do particularly well. Ebooks don&#;t have to be lengthy, either. How-to-guides, short stories, and blueprints are all examples of shorter ebooks.

Templates

Creating resumes, cover letters, business cards, presentations, and more is much simpler with a template. Rather than starting from scratch, people can save time with professional looking, customizable, and reusable templates. Designers can also create brand kits for people to download.

Podcasts

There are endless topics and formats you can explore with podcasts. Whatever you choose to explore for your podcast, there will likely be an audience. According to Statista, there are 464.7 million global podcast listeners as of February . 

Several top genres to consider include comedy, TV and film, arts, and education. For example, The Lonely Palette is an art history podcast that tells stories about paintings, sculptures, and more.

Subscriptions

Subscriptions are a great way to offer your audience exclusive offerings and content. A newsletter subscription like Substack lets writers deliver content to their subscribers. For example, Garbage Day is a Substack newsletter dissecting web culture by journalist Ryan Broderick. On Patreon, subscribers can access exclusive perks from their favorite artists.

Services

There is an array of services people seek out: graphic design, web design, copywriting, translators, social media managers, legal advice, and more. These can be considered productized services, which are services that are sold as if they were products.

For example, a product would be buying a template for a business card, but a productized service is paying a graphic designer for a business card they design for you.

By offering services depending on your skill, you can grow a business.

Mobile Apps

There were 255 billion global mobile app downloads in . Given the proliferation of mobile apps, creating one can be fruitful for your business. A lot of businesses are app-based: fitness, language learning, and task management, for example. When developing a mobile app, you will need to allot time for designing, building, and testing.

Digital Art

From original artwork to patterns to vectors to photography, artists can sell their work digitally. Patterns like sewing patterns or vector patterns for graphic design or web elements can be downloaded, enabling people to create works of art or designs. Though photography can be a crowded market, it will always be in demand for bloggers and website managers.

Music and Audio

There&#;s a wide range of music and audio you can sell: recorded lectures, audiobooks, lessons, and more. Of course, streaming is also an option &#; however, keep in mind that it can be difficult to make money on streaming services when most pay less than a cent per stream.

Software

Selling software like plugins, themes, and web-based apps (SaaS) might require a more technical skill set than other items on this list, but the payoff can be great. Website plugins for WordPress and other CMS (content management systems) can really increase website functionality and elevate user experience. Themes enable people to better personalize their website for their brand.

Get Started With Selling Digital Products

As outlined above, selling digital products offers unique advantages. There is no shortage of options for digital products you can sell, but thinking intentionally about your offerings can help you narrow it down.  Learn more about some tools that can help you with your business.

For more information, please visit Power Analyzer.

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