Of all the ways to make money online, creating your own digital products and selling them online is one of the most profitable ways to make money at home online.
But the first question you may be asking is – what is digital products?
Digital products are products that are fully digital and can be delivered fully online through the internet. The benefit to selling digital products is that there are no physical products to manufacture, store, ship, etc., so the logistics are much easier and less expensive.
You can create a digital product out of practically any passion, hobby, or job you have.
Some digital product ideas might include a training course on how to potty train a puppy, or how to ride a horse. Other good digital product ideas might include how to fix your car or how to remodel your home, etc.
There are endless things that you can create digital products out of to make money from home.
When creating you digital product, some things you want to do are…
1) Focus on solving ONE big problem.
To make money at home with a digital product, you really need to find ONE big problem that your audience is trying to solve and focus on solving that one thing. Trying to do too many things in one product will often result in a low conversion rate and fewer sales.
2) Create a “value ladder” with multiple digital products.
One of the big keys with how to make money from home selling digital products is to have a value ladder… in other words you want to have a variety of products at different price points, focus on promoting your lowest priced product (that will create the most sales), and then move your customer UP the ladder to purchase your more expensive products. This is one of the BIGGEST keys for how to make money at home online.
3) What will your audience need NEXT?
When creating your digital products value ladder, you want to think about what is the NEXT problem that needs to be solved once they buy your first product.
For example, if you just sold someone a training product on how to potty train a puppy, what is the NEXT problem that your customer is going to want to solve?
Maybe now they want to teach their puppy some basic commands like sit, stay, and come, and some basic obedience training? So that would be the next digital product you offer to that customer. And what about after that? Maybe they want to teach their dog some more advanced commands like speak, fetch, heel, roll over, etc.
So now you have a full value ladder… Potty training course for $7, Basic commands and obedience course for $29, and an advanced dog training course for $79.
And having that value ladder in place is incredibly important if you want to make money selling digital products.
Selling our own digital products was one of the best online business ideas and the most profitable thing we have done in our business to make money home online.
It’s not the easiest way to make money now, but if you’re looking to start an online business from home, the great thing about digital products is that you only have to create them ONCE, and you can sell them over and over again for passive income.
P.S. – If you need a step-by-step blueprint for building a profitable Online Business as fast as possible, this training is what we recommend!