If you are not thinking of starting an online business after the shift Coronavirus has brought to the global community and the need for virtual relationships, then you are 60 years aback from civilization!
On the other hand, if you are looking to start an online business that can fetch you good and sustainable side income, in this blog post, I am going to show you 5 digital products you can create and sell online that will pay your pension for life.
Okay, with no further ado, let’s look into these five digital products you can create and sell online.
A lot of you by now might have heard of or used Canva, an online graphics design platform.
They were valued at about 1 billion dollars as at 2018, and they should clock 6 billion dollars in 2020 because of the enormous increase in its usage. See here
Canva is solving a unique problem for people who are not good with graphics design and doesn’t want to pay high fee to designer, and oh boy is the market massive.
One problem with Canva is that, it appeals to general market and it is becoming increasingly hard to find the graphics that suits your specific needs.
As a graphic designer or someone who has the money to higher graphics designer on fiverr, you can target specific niche who needs graphics for their works.
For example, you can create graphics of different variations for people who wants to write top quality professional looking CV. About 100 of them and then sell it on your website, fiverr or Etsy.
If you sell one for a dollar, and you target 200 people to buy it per month… You will be making a total sales of $200 per month.
In a year, you would have made about $2400 as a side income.
On the other hand, with good ads, organic marketing, and a well built offer around that one product, you might be making that $2400 per month as a side income.
2. Online Course
Another digital product you can sell online that can make you huge passive income for life if you choose the right topic to build your course around and the right marketing technique is creating an online video course.
Creating and selling an online course is very easy to do if you have the right tool and knowledge to do it.
And the good thing is, it doesn’t cost you anything to actually create yours except for internet data.
Personally after I have researched my topic with Google and other tools, I use Free Cam, PowerPoint and my laptop to do a screen recording of this knowledge in a structured manner.
I can then go to platform like Udemy, Teachable, Educative (programming) or even Facebook to sell my course.
3. Swipe Files.
These kind of product are a combination of successful email copy, ads copy and related write-ups that you acquired or you compiled from experience that other people can just copy and paste for their business.
For example, if I have some winning ads copy, I can gather about 100 for different niches and then sell it for $10 per pack… If I sell 100 packs per month, I get to earn $1000 in return.
4. Digital Services
There are many digital services you can sell online. Either you acquired the skill or you learn it through YouTube and other platforms.
With the increase worldwide presence on the internet, there are more search for the services of digital artisans.
For example, you can make passive income selling some digital services like web design, graphic design, book writing, proof reading, song composition, data entry and so on with platforms like Fiverr and Upwork.
You can also learn Digital marketing and Social Media marketing to get paid up to $20,000 per year to help someone or an organization.
Here, the opportunities are endless.
Finally, another digital product you can create is an ebook.
Although, this is the less profitable of all digital products listed here, it is also another option you can look into.
All you have to do is look for a niche you want to target, and create your contents around what they need.
If you read this blog post, The 7 Ultimate Steps To Building An Online Business, you will have a foundational idea on how to go about this.
Later on if you consistently visit our blog, I will be sharing with you a complete guide on how to start selling information products through ebooks.
If you want more revealing marketing and business contents like this, bookmark our website, and don’t forget to market, sell, and earn on Oni.ng