![]() ![]() And that margin improves over time because you don’t need to spend any money producing more units. More profitable than physical goodsĭigital products sell at higher margins than physical products. This means the potential for higher profit margins. Online marketplaces and e-commerce tools are relatively inexpensive, compared to renting a brick-and-mortar location or building a physical inventory. There are plenty of digital items you can put together using only time, energy, and a little focus. Plus, there are a lot of good reasons to sell digital products online: Low investment, (potentially) high returns But thanks to online tools like Etsy, Shopify, and Thinkific, the learning curve can be surprisingly short. Why sell digital products?Ĭreating, marketing, and selling digital products may seem overwhelming, especially if you’re not the most tech-literate person on the planet. Streaming movies and TV, video games, software, and apps-those are the big hitters, and they’re the first things you might think of when you hear “digital products.”īut there are lots of other ways you can create digital products from your own knowledge, creativity, skills and expertise – and you don’t need a film crew or a team of software developers to do it. But they have value-to the tune of a projected $331 billion industry. ![]() They are intangible, in the sense that you can’t touch them. What is a digital product?ĭigital Products are any virtual item you can pay for, and download instantly. Selling through an online course and membership platformīut, before we review the best digital items and where to sell them, a quick overview. ![]()
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