Imagine having a good product, sales coming in, and the products being delivered automatically and earning money while you sleep.
The increasing demand for digital products creates a new stream of income.
And unlike other products, digital products are easy to create, sell and deliver.
In this article, we’ll look at some of the most popular types of digital products to sell and what makes them so successful.
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What Are The Digital Products?
A digital product is an online product that the customer can consume in digital form. This can be anything from an online course to an eBook or a piece of software.
And since digital products are easy to create and sell, they are a great way to make extra income online.
There are many types of digital products you can sell, and each has its benefits and drawbacks.
9 Most Profitable Digital Products To Sell Online
1. Online Courses
Online courses are one of the most popular types of digital products. They are typically delivered as video lessons, PDFs, and audio files. One of the main benefits of online courses is that they can get access to it at a convenient time.
Customers can watch or listen to the lessons whenever they want and rewatch or re-listen to them as often as needed.
Online courses are cheaper than traditional courses because there is no need to print materials or rent classroom space.
eBooks are another popular type of digital product. They are typically delivered in PDF format and can be read on any device with a PDF reader installed.
One of the benefits of eBooks is that they are usually much cheaper than traditional books. This is because there is no need to print and ship physical copies. eBooks also have the advantage of being instantly downloadable, so customers can start reading them immediately.
3. Membership Sites
Membership sites offer exclusive content or services to paying members only.
Typically, membership sites will charge a monthly or annual fee for access to their content. One benefit of membership sites is that they provide a consistent income stream for their owners monthly or yearly.
Another benefit is that they often build up a loyal following over time, which are more likely to continue paying for access even if prices increase.
Software is a digital product that can deliver in several ways.
It can be downloaded as a file, accessed as a web-based application, or purchased as a subscription. Software typically provides some functionality or value to the customer.
For example, it might help them manage their finances, design websites, or edit photos. One of the main benefits of the software is that it can save customers a lot of time by automating tasks that would have been done manually.
From small businesses to individual users, below are other types of software products you can make and sell.
- Mobile apps
- Fitness apps
- WordPress plugins
- Video game
- Email marketing software
- Landing page software
- And more
5. Consulting Services
Consulting services are another type of digital product you can sell online, although they are not technically “products” in the traditional sense of the word “product.”
Consulting services typically involve providing advice or assistance to businesses in exchange for payments per project basis or hourly basis.
One benefit of consulting services is that they can be very profitable if you can land high-paying clients.
Another benefit is that you generally have much control over your work schedule since you are your boss.
Video is popular and very effective in delivering information content online. Content can be either educational or informative.
There are types of videos you can create and sell, such as
- Product review
- Video games review
- Motion graphic video
- Online course
- And more
7. Music and Audio
Many people pay for audio files for their business. If you love music, you can turn it into a profitable business. Selling audio products includes the following:
- Foreign language lessons
- Full lyrical or instrumental music tracks
8. Graphic and digital art
Graphic designers and artists create different unique products to sell and make huge money.
Examples of graphic and digital art are:
- Design templates
- Power points
- Clip art
- Card designs
- And more
If you have experience, skills or knowledge about something, you can help small businesses and individuals succeed in their businesses.
As a marketer, designer, coder etc., you can create documents where you can share tips to help others.
Here are some ideas:
- Templates like resumes, business proposal
- Presentations such as PowerPoint, Google slide, Google Sheets, Apple Keynote
- Printable documents such as checklists, planners etc
We have shared a few of the best digital product ideas you can choose if you want to start selling digital products and generating passive income.
It allows your customers to access your product at any time.
Hopefully, you get ideas about what type of product might be the right fit for your business.