Discover the Simple Path to Success: Turn Your Digital Creations into Profitable Products

ONLINE BUSINESS
Easy Guide on Selling Your Digital Products
By Marc Andre
Last updated: October 4, 2023

Setting out to make some extra cash online? You might have tried blog monetization methods like AdSense, Amazon Associates, or sponsored content. But how about creating and selling your very own digital products? It might seem daunting at first, but trust me, it’s uncomplicated and has so many benefits.

Back when I started blogging in 2007, I was offering services. It was a good source of income, attracting visitors that later became clients. But I grew tired of the demanding client work, so I switched to running ads. The ad income was good but was heavily dependent on blog traffic. I felt the constant pressure to bring in enough views each month to maintain the income.

Eventually, I decided to create and sell digital products—a move that helped me earn more, even when my blog traffic slumped. Why? Rather than being primarily concerned with getting more visitors to my site, I focused on increasing the variety of products I was selling and their price point for better average sales. What’s more, I’ve found this way of income generation to be highly recommended for anyone attempting to make money from their blogs.

Selling digital products comes with additional benefits as well—it allows you to create and run a business that eventually becomes an asset you can sell. Case in point, I sold one of my blogs in 2013 for $500,000, with a significant portion of its income coming from product sales. I then repeated the process with another site (well, a couple of them sold together) in 2016, which again sold for another $500,000.

So now let’s dive into why you should consider selling digital products and how to go about it.

Why Sell Digital Products?

Digital products are great for several reasons:

1. No Inventory: Unlike physical product businesses, a digital product venture doesn’t require a physical inventory, freeing you from the risk of unsold stock and cash flow issues.

2. High Profit Margins: Digital products have higher profit margins, as the pricing focuses more on perceived value.

3. Low Maintenance: Selling digital products is relatively hassle-free and requires minimum customer service based on the type of product you’re selling.

4. Low Start-up Costs: It’s inexpensive to create a digital product, as the start-up costs are usually minimal.

5. Worldwide Customers: You can sell your digital products anywhere in the world without any shipping constraints.

6. High Income Potential: While not every digital product creator ends up wealthy, significant income is possible.

Now, there are many types of digital products you can sell: E-books, online courses, music or audio files, stock photos, website templates, software, and printables, just to name a few.

When’s the Right Time to Launch Your First Product?

Many struggle with this. The short answer is that any time is as good as any. Of course, having an established audience helps, but selling high-quality products that your customers will love is key.

A Simple Way to Sell Your Digital Products: SendOwl

To start selling your digital products, I highly recommend SendOwl. It’s easy to set up, doesn’t require any technical experience, lets you sell your products from anywhere, has several powerful features, and offers excellent customer service. SendOwl’s worry-free checkout system ensures your customer’s credit card information is secure; it also allows you to set up an affiliate program for others to promote your products.

To set up SendOwl, you’ll need to create an account, connect a payment gateway, set up your first product, configure settings and then promote your product. There is a free 30-day trial for you to explore SendOwl’s features and how it can save you time.

So don’t wait. Sign up for SendOwl’s free trial and move forward with creating and selling your own digital product. Happy selling!