Digital products are those products which don’t have any physical entity and can range from Music, eBooks, videos online certifications and many more.
We found many entrepreneurs build their entire business on digital products due to its popularity and there is no hassle in delivery and some time they launch these products to attract people and traffic to sell their services and other products as well.
The unique thing about the digital product is that normally you create and just distribute it and you also don’t worry about inventory as it can be sold multiple time to different clients. And also, they require less effort to maintain though you may need to launch updated version depending on the product.
I have compiled a list of digital products which can be handy for entrepreneur startup:
Digital Products that you can start Selling Online:
1. Selling Services via Digitization
You can transform your skills into the digital product via digitization to make the product in terms of packages. The inventory of this product depends on a number of efforts hours that you and your team can accommodate without impacting clients.
Some time you provide services to complement your physical product or software Like Microsoft provide free services against there purchased products and some time we purchase hardware and get some time duration free services.
In case you don’t have any physical product to compliment with your services you can make a digital product by digitizing the services into Packages:
- Web Development Packages
- Health fitness Packages
- Virtual Assistance Packages
- Graphic Design Packages
- Educational Program Packages
Once you transform your services into packages, you can define the cost which can be one time or subscription based. For example, you can design many packages up to annual based subscription and you may charge them monthly and depend on the requirements it can be a project to cost for one time.
If you are looking to get assistance in digitizing your skill set into packages to sell online you can write a query to [email protected]
2. Sell Digital Assets Online
You create a stock of photos and videos to compile in a library and you can authorize a license to use it for professional and personal usage. We have a global ecosystem of licensable digital library created by professional creators for reuse in further creative works.
You can use existing platforms like Shutterstock to get paid from these platforms. YouTube channels can fall in this category but they have some initial requirements which lead to starting earnings.
If you are interested to build your own repository online you can have to use an app like SendOwl or any other app to sell online licenses. You can easily build trending ideas based on demand and this can help you with the easy sale.
To create your own repository online you must need to market at large scale to get business, and don’t forget to protect your content by adding watermarks and other security measures.
3. Sell Templates or Tools Online
Selling templates is very common digital product business. In this business, you target the audience which is not very skill full and you sell the templates of ready-made product to customize as per their need. Or you sell them easy to use tools which can help the design own product.
This is a very common business and you can find thousands of examples which cover this digital product. I am listing a few of them:
Those who are doing freelancing can easily merge these skills into an online digital product and may have good revenue.
4. Sell Membership of Digital Products
This is a great product, if you are having a large number of digital media available, and instead of selling it by product sell the membership to all the bundle. Behind all this, you will be having paid subscription.
You may find large companies doing all this in many sectors Like S&P Global gather financial data and do analysis and then sell an online subscription for the content.
You can also use it for some other digital libraries the idea with the same idea, the Pornography industry is also doing the same thing. There are a lot of applications like charge rabbit for recurring subscription billing and you may also find similar products.
5. Selling Music and Art
Its also a great idea to sell music and your art online, you found may store selling cups and t-shirts prints which can be customized based on client’s requirement. There are thousands of possibilities which you can move forward if you have an artistic mind.
You don’t have inventory so you can play with different ideas to try on different portals, People purchase cartons, wallpapers, and ringtones as well. So, you just need to keep an eye on trending ideas and just play in different formats.
6. Selling Magazines and eBooks
If this is your domain and you can manage these products, it’s always a great package to sell online.
The best competition nowadays is free YouTube tutorials which includes everything to get earning from YouTube. In this situation, you just need to use the right words which may inspirational to others and attracts to your product.
You can also build your reputation by giving away free samples, or limited visibility of a book which may attract the reader to buy the whole book.
- Any business requires your dedication and attention to flourish
- Once you dedicatedly work for specific domain results always good
- You may need a good team to start for your new ventures
- For a digital product, there are countless possibilities
- If you are not an IT pro to handle all this you can contact AIIT Solutions to have further assistance.
This blog post is powered by AIIT Solutions. AIIT Solutions provides Managed IT Services, IT Services Consultancy, Infrastructure Deployments, Network Operation Center Services, Web Development Services, IT Outsourcing Services, Digital Marketing and many more.