I'm a big fan of selling digital goods for passive income because there's so much less overhead than most other businesses, you can create as many as you like, and start making money straight away.
If you have ever wanted to make money selling digital items online, now is the time.
TOP 7 DIGITAL PRODUCTS THAT CAN MAKE YOU $100 A DAY
- Workbooks
- Document Templates
- Downloadable Art
- Graphic Design Templates
- One-page Checklists
- Program/App-Specific Digital Planners
- System-based Templates
The basic idea is to sell something that you create once, and when someone purchases it, they receive it automatically downloaded or sent to them in an email, and the order is fulfilled. No physical product is shipped, so there's less work involved in getting the product to your customer.
Regardless of what digital product you're considering creating and selling, you have to have a clear idea of who would be willing to buy it, and then create an appropriate digital product based on that information.
You could end up spending valuable time creating digital products all day long, but if you don't know who you're targeting, you won't have a good idea of which things you need to do to sell those digital products.
Digital products can be used regardless of what type of business you have, who your target audience is, and even regardless of your own skill set.
You pick which ones make the most sense for your audience, that will help them solve a problem, achieve a goal, or just save time.
1. Workbooks
If you're an online or offline educator, creating and selling workbooks is a useful virtual product to offer your audience. You simply teach what you want to teach in a workbook format. If you have something you want to help people with, like taking them through a process that gets them from point A to point Z, then workbooks are a great way to do that.
2. Document Templates
In some of my courses I give away email and sales page copy templates, that I created in Google Docs, where I show people exactly which copy or text to use in their emails and sales pages so that they don’t have to waste time wondering which words to use. Those are simple document templates.
When a customer purchases one of my document templates, the Google Doc link is delivered to them in an automated email sent via SendOwl, which also contains instructions on how to access it.
There really is no need to deliver it in a better way than just a simple Google Doc, because that is the easiest way for someone to access it, change it, modify it to suit their needs, and even make a blank copy anytime they want.
The delivery method or where it's created doesn't matter as much as the result the customer is going to get from using the template.
Document templates cut down on so much work for the person who's purchasing it, and they'll be happy to buy if it'll save them a significant amount of time.
3. Downloadable Art
Downloadable art is a type of digital art that can be downloaded and used for personal or commercial purposes.
It is becoming increasingly popular as a means of selling art, as it offers a convenient and affordable way for artists to reach a wider audience.
If you want to create art that people can download, screensavers for people's phones, desktops, or laptops or print off to hang on their wall, the options are limitless.
There are a number of ways to create downloadable art, such as using illustration software, photography, or even 3D modeling.
When creating downloadable art, it is important to consider the file format, resolution, and size best suited for the intended use. Once the file format, resolution, and size have been determined, the art can be created and saved in the desired format.
Read: 19 Profitable Digital Products To Sell Online
4. Graphic Design Templates
Online graphic design tools like Canva are easy to use and offer free and paid options, and anybody can use them.
Some examples of digital products that are easy to create in Canva include social media templates like Instagram story templates, Lightroom presets, YouTube thumbnail templates, and media kits that influencers send to brands when they want to collaborate.
You could also design templates in Photoshop or Illustrator, or any other graphic design program or tool you feel most comfortable using to create your graphics templates.
5. One-page Checklists
Another simple but very useful digital product is the one-page checklist. Ideally, it's aimed at making your customer's life easier around specific tasks or activities. Popular examples include travel packing checklists, moving checklists, safety measures checklists, inventory checklists, chores checklists for kids, and similar.
Customers can print their list, hang it up and mark off each completed item as they go through the list.
Checklists can also be beneficial when trying to make important decisions, like buying a house or a car. You could create a document with a list of questions that people can ask their realtor or car salesperson to help them gather all the information they need before making the decision to buy.
6. Program/App-Specific Digital Planners
A digital planner is an electronic version of a paper planner that is used with specific apps or software, on specific electronic devices.
Digital planners can be used in almost any industry, for instance, if you're a fitness influencer or you have a fitness business, you could make a digital meal planner or a workout planner, to help your clients achieve their health and fitness goals.
Creating a digital planner that is specifically designed for use on cell phones and tablets can be a great way to make money.
Many business owners don't consider digital planners as a product that can fit into their industry, and so they miss out on the opportunity to add an extra stream of income to their business.
7. System-based Templates
This example of a digital product is used in a similar way to digital planners, except that it is a blank template to be filled out by the customer. It could be designed for use in any kind of system or program like Excel, Google Sheets, Notion, or some other system where you can create templates.
Any kind of system-based template is going to do really well for the people who use that system extensively and are looking to save some time when doing so.
THE BENEFITS OF HAVING A DIGITAL PRODUCT BUSINESS
A digital product business has a number of advantages over a traditional brick-and-mortar or e-commerce business. For one, it has very low startup and overhead costs, which can be a barrier to getting started if you’re on a tight budget. There is no need to rent or maintain a physical space, and no inventory to store. This can make it a very lean and profitable business model.
Another advantage of a digital product business is that it can be quickly and easily scaled. When you have a physical product, you are limited by the number of units you can produce and sell. But with a digital product, there is no limit to how many customers you can reach. You can sell an unlimited number of copies of your product without having to increase your costs.
HOW TO PROMOTE YOUR DIGITAL PRODUCTS TO MAKE $100 A DAY
If you're promoting your digital products, there are a few key ways to make $100 daily.
First, identify your target audience and make sure your products are well-suited to meet their needs.
Then, create a strong marketing campaign that will reach them where they are. You can use social media platforms like Pinterest to promote your products for free, email marketing, or even paid advertising to get the word out about your products.
Finally, don't forget to track your results so you can see what's working and adjust your marketing strategy accordingly. Pinterest and Facebook have good analytics tools to help you make data-driven decisions about your advertising activities.
THE KEYS TO SUCCESS IN DIGITAL PRODUCT BUSINESSES
Have a great product
As with any product-based business, a digital product business is only as good as the product it sells. If you have a product that people want to buy, you’re halfway to success.
Have a great marketing strategy
Even the best products won’t sell themselves, no matter how wonderful you think they are. You need to let people know about your product and why they need it. A good marketing strategy will help you reach your target audience and convince them to buy your product.
Always be learning
The digital world is constantly changing and evolving. If you want to stay ahead of the competition, you must constantly learn about what your customers want, so you can always improve your product and your business.
If you don't know which one of these would work for your target customer or you don't know how to create the product you're thinking of, simply check out some short YouTube videos to help you get started.
If you've never created your first digital product and this gave you some inspiration, I would love to hear about it in the comments below. Let me know what you're going to create and what you think would do the best for your audience and your business.
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