If you’re looking to create a passive income stream, selling digital products is an excellent option. Selling digital goods is very similar to selling physical items, but the main difference is that you can sell your digital products online, anywhere you want.
To begin, you’ll need to think about what types of digital products you could offer. These can be anything from free guides to educational tutorials, downloadable music, printable artwork, Photoshop presets, and more. Once you’ve determined what you want to offer, you’ll need to find a way to sell them.
One of the best ways to do this is to create a website, preferably one that combines a website and a digital sales platform. This gives you greater control over the design and branding of your brand. However, it does require a considerable amount of work to create.
Fortunately, there are several ecommerce platforms available for you to choose from. Some of these include Kajabi, Shopify, and Sellfy. Each of these offers different benefits, and you’ll need to decide what will work for you. Generally, it’s best to start small. Start by testing your idea on a small scale, and iterate on your plan as needed.
You can also consider membership sites to grow your portfolio. Members get access to exclusive deals and discounts, and you’ll be able to build a strong community of customers. For example, a membership site like GameDay is perfect for selling a variety of digital products, including games and apps. Its three membership levels allow customers to buy just one product or bundle them together for a discount.