Selling digital products is one of the best ways that you can make passive income and one of the best ways to get into an online business because digital products have infinite inventory.
You can sell it for an unlimited amount of time and usually, it has low upfront costs to be able to get started.
But the thing is, you have to deliver 100 values for the people who are putting money in people putting money in absolutely have to get value out or it’s, not legit.
A lot of people think that online courses are the best way to make money online and to sell digital products. I somewhat disagree because to be able to build an online course.
You actually have to have skill experience and expertise that has proven over a long period of time. That is not accessible for most people and that is why there are a lot of really poor quality info products out there.
What I like, and what I think about digital products is that artists and creative people make the best digital products out there.
When we look at stock photo websites when we look at music that we want to buy like that’s, something that we are making a very conscious decision about when it comes to our value and it’s an experience.
I think things that deliver on experience or things that create a resource that you can use over and over again. A template is actually one of the best ways to get into digital products.
Things like sound effects, animations, graphics, and the barrier to entry on that are a skill. But skill for creative people is acquired through effort, patience, and discipline.
One of the biggest complaints I get from people is that they don’t think they can do any of these passive income stuff. They don’t have a large audience and because I’m somebody who has a large audience.
They ignore the fact that I started from zero and I had to build that audience over time and I had to make that a priority.
I had to be able to create value for people. I had to be able to build a reputation if you think you are going to make money with little or no effort or without building a reputation and building trust.
Then you are not doing it with a pure motive. To have the discipline and patience to be able to realize that you need to build those relationships or you need to build up your skills.
There are probably too many people that want to make money or get attention being mediocre and that is why they fail? I would say that as harsh as it is.
In order to sell online products, you need an actual place to host them and to put them. If you are going to sell an online course, a membership, or something like that as a digital product.
The system that I use is called Kajabi. I have been using that for three years now and I still pay for it.
So it’s not sponsored the reason I use. It is because it’s very simple to use. When I needed to grow my team, it was easy to train people how to be able to do things in the back end for me.
If you want something even more affordable than that right now, you can use a selfie or you can use teespring and start allowing people to sell digital products as well.
One of the things that I am actually about to do for my new template store is actually using Shopifly. So there are a lot of different options. You just have to figure out which one fits your budget.
The thing is you are either going to save money or you are going to save frustration and time. So, you have to decide what your priority is.
For me, I am in a really healthy position where frustration and time are indefinitely more valuable to me than saving a few dollars.
So I invest in that because time is the thing I refuse to keep giving up. When I do not have to I would rather give up money than give up time a lot of people when it comes to selling digital products.
They focus on not having an audience and they focus on organic traffic and want to have that big audience.
The reality is that advertising is a legitimate way to get traffic paid. Traffic can be legitimate and it can be targeted and it could be worth it.
If you are charging enough for your products, you can justify putting some advertising out there.
A lot of people also don’t look into organic traffic through influencer marketing, even when they have a small budget.
If I had a print-on-demand product that I really want to move like a t-shirt or a hoodie, I would even consider it even if I don’t pay for an influencer brand deal.
I would find 10 influencers that have PO boxes. I think they would really like it and would want to wear it.
And I would just ship my product to them and maybe a possibility that it shows up in some of their content. Then I get some recognition for my brand and some traffic off that.
I think that a lot of people fail to be creative when it comes to e-commerce and selling online.
Just looking for some rudimentary formula, they are looking for some hack.
They are looking for something that has nothing to do with being creative and wondering why they are not getting results. It is really hard to stand out when you are doing generic stuff.