10 Digital Product Ideas You Can Create to Earn Profit Online

TEMPO.CO, Jakarta - Digital products have become a leading business idea in the wake of online retail. The rise of this promising trade is due to its fluid nature to play a part in a diversified market.

Starting a digital product business isn’t necessarily difficult with enough preparation in hand. This article will unveil digital products 101, including what are digital products, how to do digital products, where to sell digital products, and digital product ideas to adopt for new sellers as cited from various sources.

What are Digital Products

Digital products are goods or pieces of media in digital format that are able to be sold online. These items include online courses, software, digital arts, music, virtual goods, and many more.

Digital products are favorable because they are sent to customers via online due to their digital formats. Generally, they will be delivered through email or the download feature. This convenience brings digital products to be incredibly profitable since the selling costs are low without physical inventory.

How to Do Digital Products

As with any other business, selling digital products online needs ample time and preparation to arrange the system. Although it may not be as complicated, business owners have to make an elaborate provision to start the business.

Taking sources from BigCommerce, the following are steps to sell digital products:

1. Product planning

Before jumping into online retail, business owners should find the right digital product to sell. The products can be originally produced by owners or by existing creators.

2. Product validation

Researching the market for your digital products is a necessary step. Invest more time in keyword research, competitor research, diving into the market forum, and learning from product reviews.

3. Online store

Business owners should be meticulous in building an online store for digital products. Try to stand out by providing unique selling points as a starter.

4. Product marketing

When doing content marketing on digital products, make good use of social media influence, such as social ads and endorsements with influencers.

Where to Sell Digital Products

Online platforms can be so vast at times, leaving enough rooms for business owners to sell their digital products. Starting off on a few platforms will be a wise decision for new sellers.

Here are some platforms you can use to sell digital products, as cited from The Practical Ecommerce:

1. Thinkific

A platform to build communities, sell online courses, and monetize memberships.

2. DPD

An all-in-one digital service to sell downloads, key codes, and services. A business owner may operate multiple stores through one DPD account.

3. FastSpring

A platform to sell software and SaaS where your checkout, sales tax, compliance, and VAT are managed by the system.

4. Podia

A platform to sell digital downloads, courses, and webinars.

5. SendOwl

A platform to sell a number of digital products including ebooks, audiobooks, software, online courses, license keys, event tickets and many more.

10 Digital Products Ideas

Citing from Shopify and Mailer Lite, here are the 10 digital products ideas to earn profit online:

1. Online Courses

The pandemic has brought the life of online courses, and most people are now keen on learning more knowledge from the internet. Some online course ideas to pick are digital marketing, content creator, and public speaking courses.

2. Ebooks

If you have expertise in a particular field, such as fitness or diet, you can start selling ebooks on how to stay fit without a gym membership.

3. Digital Templates

Today, digital templates such as Excel, Power Point, and even Resume are in high demand.

4. Printable Digital Products

Artists typically sell their digital arts online; some printable products, like coloring designs, greeting card templates, and 3D printable designs, are especially attractive for younger audiences.

5. Premium Content

Premium contents of published works like books are among the highest-selling digital products.

6. Digital Membership

Digital memberships are sought after specifically in digital communities like personal wellness or gyms at home and digital nomads.

7. Photography Content

Photographers sell their photography inventories to various markets, such as online stores needing a product photo.

8. Audiobook

There are a number of people looking for audiobooks of certain topics like self-motivation, personal wellness, or even an audiobook version of published books.

9. Digital Services

Selling your service online can also be profitable. For instance, a therapist is selling a consultation session through an online platform.

10. Lifestyle Entertainment

Travel itinerary, cooking recipes, and downloadable sound effects are among the lifestyle entertainment business owners can explore.

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