Imagine a product that takes basically no capital to make and no significant investment to sell. Sound too good to be true? For many creators, it’s a reality. The internet has made it easier than ever to create and sell high margin products online. With digital products, anyone can get started selling on the internet.
Physical vs Digital Products
Traditionally, physical products were the only product available to consumers. People could go to the store and buy them—unfortunately, they weren’t very accessible to entrepreneurs who don’t have much start-up capital.
Times have changed since then. Amazon has recently surpassed WalMart as the world’s largest retailer as more and more people turn to online shopping. Digital products, such as e-books and video files, are becoming more popular and the fact that they take almost no start-up capital to make means more entrepreneurs can start creating and selling online.
Most Profitable Digital Products
Not all digital products are created equal, however—some are more profitable than others. With that being said, let’s take a look at the 11 most profitable and high margin products that you can create and sell online.
1. Cheat Sheets
Cheat sheets are a useful way to help beginners learn and retain knowledge. Whether it’s a shortcut for a snippet of code or a command that’s easy to forget, people love to buy and print out cheat sheets that they can keep at their desk. Cheat sheets are especially popular among beginners in complex topics, so keep in mind that writing a cheat sheet within certain niches can be more profitable than others.
2. PDF Guides
Some things can’t be synthesized into a cheat sheet—that’s where PDF guides come in. Often, they’re more in-depth than a cheat sheet and walk the reader through a step-by-step process to accomplishing a certain outcome.
If you’re an expert in a certain subject, consider writing an eBook. eBooks are a wildly popular digital product since they’re simple to make and are in high demand due to how accesible they are. In fact, you can write and finish an eBook in just 30 days!
Whether it’s for resumes or logos, templates are a high margin moneymaker because they take almost no time to make and once they’re done, that’s it. Businesses on a budget or that don’t want to hire a dedicated specialist are always looking for quality template designs in a variety of different niches.
5. Video Tutorials
Different people learn through different formats, so diversifying your PDF guide or e-course by including a video tutorial is a great way to draw in even more customers. Best of all, it’s ridiculously simple to create—simply download a free documentation software like ShareX to get started.
If you’re a musician, beats can bring in a nice bit of cash. In fact, they can lead to an entire career! Check out how this producer was able to collaborate on songs with Wiz Khalifa and Young Thug while making money through pushing sales to his online digital products store.
Fonts are a large part of branding, which is why businesses are always on the lookout for new and creative fonts to use. Talented designers who can create custom font templates have a large market that they can reach out and sell to across a variety of industries.
8. Stock Photos
Now that content marketing has taken off, quality stock photos are more important than ever for online blogs. Selling unique stock photography is a low-cost way to break into online selling, especially if you can provide photos that your customers can’t find anywhere else.
9. Lightroom/Photoshop Presets
If you’ve ever dabbled in Lightroom or Photoshop, you know that it’s all too easy to spend hours trying to find that perfect preset. Many photographers are happy to pay to have quality presets sent to them instantly, making it a lucrative digital product for experienced photographers and editors.
10. Workout Plans
Health is important to the online generation and they’re willing to pay for it. With free time being in short supply, many fitness customers are buying products that let them work out from home, making digital workout plans an ideal product.
Practice makes perfect, which is why people will pay good money for quality worksheets. You can couple them with an educational PDF or sell them as a stand-alone product, making them a versatile, high-margin product to sell online.
How To Sell Digital Files?
Now that you’ve got an idea of what to sell, it’s time to talk about how to sell. Thanks to online platforms like e-commerce stores, it’s never been easier to sell online. However, there are hundreds of platforms to choose from, so you’ll have to do some research to find one that’s right for you. Ideally, an e-commerce store will have:
- An easy setup process
- Instant payments
- Secure file delivery
- Marketing and analytic features
One of the best options out there and a popular platform for selling downloads is Sellfy. With a setup process of 10 minutes or less, it was originally created for online creators, making it one of the easiest platforms to get started on.
You get instant payments, which is a nice feature compared to the monthly payments offered by other e-commerce platforms. Files are also delivered instantly and securely through the Amazon CloudFront network, so you don’t have to worry about your products being compromised.
Sellfy also helps you maximize profits by offering advanced marketing and analytic tools at no additional cost. Not only can you sell through your online Sellfy store, but you can also reach out to your customers using their built-in email marketing feature.
The question of what digital product you should sell can be a tough one. Don’t be afraid to play around with the different products on this list—what works for one business may not work for another, and vice versa. Good luck!
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