Sell Digital Products Online

by Chuck
(MD)

Are you trying to sell digital products online? If so, you’re not alone. Thousands of people are looking for creative ways to make money online. And one of the best ways to do that is to sell digital products online. A digital product is an “intangible” product. In other words, you can’t really touch it or hold it.

Some of the most common types of digital products include phone apps, eBooks, video downloads and more. What I like most about digital products is that they have little or no manufacturing costs and they can be extremely profitable. Once you pay for the original cost to create the item, you’re done. And then you can sell it on auto-pilot.

Let me give you an example. Two years ago, I created by first eBook. I spent $50 to have a customer cover design. I also spent another $10 (per month) to have my own shopping cart that delivers my eBook when someone purchases it. Other than that, I don’t have any other costs for my product. I sell my eBook for $27. After PayPal fees, I keep about $25.50 per sale. You can do the math, but that’s a pretty good profit margin.

Since then, I’ve created two other eBooks. And I’ve sold more than 300 eBooks so far. In the future, I will create many more.

Another great thing about digital products is that you don’t have to be a techie. You can visit a great website like eLance and have someone else create your product for. You can get immediate access to developers and programmers who know what they are doing. You pay them a one-time fee and that’s it. So, don’t make the common mistake of thinking you have to do it all yourself.

Once you have a product, your key to sell digital products online is MARKETING. Marketing is definitely the key to success. After all, if no one knows about your digital product, no one will buy it. So you need to spend some money on promotion, marketing, and advertising. That’s why you want a product with a high profit margin. Don’t make the common mistake of making an inexpensive product (less than $20). When you do that, you don’t leave yourself enough room to advertise the item, and still make a profit.

Another great option to sell digital products online is to form a joint venture with someone who has a large email list. For instance, if you can find someone with ten thousand to one hundred thousand people (or more) on their list, you can offer them a share of the profit, in exchange for letting them sell your product for you. This is known as affiliate marketing and it’s a very popular idea. I use affiliate marketing with my own eBooks.

In conclusion, you should seriously consider the idea of selling digital products online. More and more people are leaning on the internet to solve their problems. If you can create a digital product that other people want, you can make a great living online.