Digital products are intangible assets that can be sold and distributed online. In simpler terms, a digital product is a kind of product that only exists in digital form. Digital products have grown in popularity and provide a great opportunity for content creators to earn passive income. Here we will share digital product ideas that are worth selling and will also explore how to sell a digital product.
What is a Digital Product
If you are wondering, ‘What is a digital product,’ it can be anything from a stock photo to an audio file. Unlike other physical products, digital products are easier to sell. They are affordable to produce, convenient and provide multiple opportunities to the sellers. Moreover, there is no need to maintain inventory, and they can be replicated at low overhead costs. Here are some examples of digital products you can make and sell online.
1. E-books
E-books are in great demand and make the learning process more interactive. It eliminates the need to store a physical book and adds convenience to the life of the readers. If you are an author or a creator, you may consider sharing your knowledge with the world in the form of an e-book. Moreover, e-books are much easier to produce and will not cost much. You will only have to pay attention to the content, editing, and overall design part.
2. Online Courses
The online learning industry has grown significantly, especially after the outbreak of COVID-19. An online course is a digital product that is easy to manage and can help you reach a wider audience. Besides this, it may allow you to earn a passive income and can work from anywhere. Make sure you research well on the platforms before listing your course. You must also take time to list down the outline of your course and plan accordingly.
3. Digital Templates
Selling digital templates is one of the digital product ideas that may help you grow your passive income. From social media strategy to the business plan and other presentations, the templates can be highly beneficial for professionals. Make sure your template resolves the concern of your target group and helps eliminate the manual work.
4. Membership Sites
Membership sites or subscription-based platforms are another way to grow passive income. You may offer a subscription on a weekly, monthly, quarterly, or annual basis. Sharing exclusive member-based content is one of the best ways to create a digital product and earn consistent income.
5. Exclusive Videos (Footage, vlogs, bloopers)
More than 80% of businesses use video as a marketing tool. As more businesses have started exploring and leveraging video, there is a need to cater to the demand for affordable solutions. If you are into videography, you may consider sharing and uploading stock videos to the site. When more people subscribe to your stock footage, your earning capacity will likely increase.
Read Also: Business Ideas for Women Entrepreneurs
6. Newsletter
Paid newsletters are another type of digital product idea that you may consider selling. It is easy to create digital newsletters, and you may share industry news and tips with your audience.
7. Stock Photography
Social media is done and dusted with the same old stock and free pictures. If you are into photography, you may consider using your talent to the right use. Click images that stand out and consider charging fees according to the number of downloads. You may even consider uploading the images to paid websites to get passive income.
8. Mobile Apps
Mobile apps can be profitable and one of the best digital product ideas that one may consider. There are numerous types of apps that you can develop. Make sure that the app has distinctive features and caters to the target group.
9. Music and Audio
In the era of vlogging and video marketing, you may consider creating a digital product that is worth the value. Many professionals and creators look online for music and related audio files. Popular and free sounds are widely used. Provide the audience with a multitude of sound options and find a way to fill the demand.
10. Software
Making software from scratch can be extremely expensive. If you have experience in coding, it could be an excellent way to start earning. Create software that users can customize and use later. Creating a digital product should be a one-time investment for you. Make sure you add a lot of customizations to cater to a larger number of audiences.
11. Recipes
Cooking is one of the most effective and top-selling categories in digital product ideas. Consider creating e-cookbooks and sharing digital recipe videos. While creating a digital product, you should always try to add some value to the product. There are multiple free recipe websites and videos available online. Add credibility to your profile to attract a larger audience.
12. Downloadable Guides
Create guides on topics of interest and consider selling them online. Make sure to add some value to your guide and promote it on the right channels to attract the right audience.
Read Also: 6 Tips to Keep Your Audience Engaged
13. Website Themes
All of us want our website to stand out. It may take multiple efforts to create a compelling website. Many people rely on themes and selling a theme could be an excellent idea to generate passive income. Add a variety of themes to your digital product ideas and increase your income.
14. Tutorials
Most search queries often begin with ‘How-to.’ Consider making detailed guides and tutorial videos on such topics. YouTube and SkillShare have proved that a number of people like to watch and explore. Make videos on relevant topics and add this to your digital product ideas list.
15. Fonts
Fonts are one of the digital product ideas that could be worth it. Many people often look for creative and unique font styles. Create fonts that people can buy and use for their design projects.
How to Sell a Digital Product?
Here are the steps you must follow to sell digital products:
- Brainstorm and research digital product ideas
- Validate your product ideas
- Identify the pain point that you are going to solve
- Focus on creating a compelling product
- Define your ideal target audience
- Create your online store
- Add products - write compelling descriptions and add effective images
- Use different marketing mediums to promote your digital product ideas
We have shared a few digital product ideas that you can consider selling and creating an effective source of income. The options are endless. Make sure you research and understand the market well before finalizing your product.
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