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When it comes to making money online, having a steady supply of products to sell is crucial. Digital products are especially popular for several reasons. They offer passive income opportunities, require no physical inventory, can be sold without a website, and don’t require storage or shipping. Additionally, digital products are generally inexpensive, making them an attractive purchase for customers.
What are Digital Products?
Digital products are any type of product that can be delivered to the customer digitally. This includes files such as PDFs, JPGs, MP3s, Word or Google Docs, Excel or Google Sheets, PowerPoint or Google Slides, videos, zip files, and more. Digital downloads are delivered instantly, which customers appreciate, and this feature also makes them ideal for generating passive income.
Skills Needed for Creating Digital Products
The skills required to create digital downloads vary depending on the type of product you want to create. For example, if you plan to create spreadsheets, knowledge of Excel or Google Sheets is necessary. Design skills are required for creating clipart using software like Canva. Writing how-to guides requires familiarity with word processing software such as Microsoft Word or Google Docs. There are affordable courses available that teach the quickest and easiest ways to create profitable digital products.
Can You Make Money Selling Digital Products?
Absolutely! Selling digital products can be a lucrative venture. The amount of money you can earn depends on various factors, including the types of products you sell, whether you create them yourself or hire someone else, the price you set, fees associated with marketplace sites and payment processors, and the number of sales you make.
For example, selling virtual Zoom backgrounds at an average price of $4.42 can earn you $132.60 per month by selling just one per day. Selling two per day would earn you $265.20 per month, and selling three per day would earn you $397.80 per month. Similarly, selling kids coloring bookmarks at an average price of $2.65 can earn you $79.50 per month by selling one set per day. Selling two per day would earn you $159 per month, and selling three per day would earn you $238.50 per month. The beauty of digital products is that you can create them once and sell them an unlimited number of times.
Best Digital Products to Sell
There are numerous easy and profitable digital products to consider selling. Here are some categories and subcategories to explore:
Backgrounds
- Virtual backgrounds
- Phone wallpaper
- Desktop wallpaper
- Digital paper
Bookmarks
- Kids bookmarks
- Coloring bookmarks
- Bible verse bookmarks
- Father’s Day bookmarks
- Mother’s Day bookmarks
- Seasonal bookmarks
Cards
- Greeting cards
- Reminder cards
- Affirmation cards
- Flash cards
Wall Art
- Photo wall art
- Word wall art
- Seasonal wall art
- Inspirational wall art
Kindle Books (Can also be sold on Etsy in PDF format)
Journals
- How-to books
- Coloring books
- Logbooks
Templates
- Social media templates
- Trello, Notion, etc. templates
- Templates for any of the aforementioned products that you create and resell
Educational Products
- Homeschooling lessons
- Art projects
- Writing exercises
- Science projects
These are just a few examples, and there are thousands of other digital products you can sell. Some advanced products that require expert-level skills include spreadsheets with embedded formulas, digital planners, sewing patterns, software, phone apps, and more.
How to Start Selling Digital Products
If you already have the necessary skills, you can start creating your digital downloads right away. You can sell your products on your own website or on platforms like Etsy. Additionally, there are several Etsy alternatives to consider. Selling ebooks or digital guides on Amazon Kindle is another option. If you don’t have the skills to create digital products, there are resources available that can teach you what you need to know.
Resources for Creating and Selling Digital Products
If you’re ready to learn more and start making digital products to sell, these resources can provide you with the necessary instruction:
- How To Guide: Create Virtual Backgrounds to Sell
- Reminder Card Cash: 5 Cards You Can Create in Just 5 Minutes
- How To Guide: Create Smartphone Wallpaper to Sell
- Calligraphy Cash Machine
- The Color of Money: Secret Coloring Book Niche Revealed
These top-notch resources will help you gain the skills you need to create profitable digital products and start selling them quickly. Remember, digital products offer a lucrative opportunity for passive income, and with the right knowledge and skills, you can tap into this market and start earning money online.
