The easiest online businesses which yield the best results and most passive income are often focused on a digital good. Digital goods, which can be anything from a downloadable ebook to online services, are great opportunities for wealth because they are virtually free to make (though some of them can end up costing) and they are very easy to distribute to the masses. Marketing efforts are also fairly easy because setting up sales for digital goods can be specifically targeted at people who are searching for the types of digital goods you may be offering. With this amazing opportunity at your hands, you will need to know how to set up a business centered around a digital product and how to market it appropriately. This guide does exactly that and teaches you the fundamental steps you will need to know to sell digital goods online.
Which Digital Goods Are Right for You?
The first part of setting up a digital good you want to sell is determining the business model you want to follow. You essentially have two options. Your first is to sell some other person’s/organization’s digital goods as an affiliate marketer or to create your own digital goods. If you are new to online businesses, I would definitely recommend affiliate marketing to start with. This takes the hassle out of making your own product to start with and you can get all the tools you need to start right here. Otherwise, consider a niche you are interested in and think about the following digital goods you could sell to that target audience:
- Music/Audio products
- Blueprints/Housing Plans
- Video tutorials
- Crafting Patterns
Where Can You Sell These Digital Goods?
You have a couple of options when it comes to actually distributing your digital goods. As an affiliate marketer, you won’t have to worry about this because the digital goods you advertise will likely be hosted on the original company’s/individual’s platform. For those who are creating or have created a digital product, the following is a list of places online where you can easily sell your goods. Some of them even allow integration directly into your own website. To choose one, simply consider which one best represents your plans and budget, and you can evaluate which ones work best for you with a little research.
Where Do You Go from Here?
With a digital good/goods you are going to sell and a website host where you will sell them, you are now ready for the step where the rubber meets the road: creating your actual business. Selecting the product and how to sell it is simply the pre-steps. The first thing you will want to do is secure a website. This is easy and free to do, even if you have never created a website before. Your website is going to be like your own store front, the place people from all over the world will visit to buy your product. You can sign up for one right now, too, using the box below
After you set up your website, your goal will be to get as many people to visit your site as possible (to “market”, in other words), but only to those who would be interested in buying the digital goods you are selling. How do you know who is interested and how do you get them to your site? That is where you will need some good marketing tools, which you can find here. With enough know-how, your site can begin to take off and you will soon be able to sell your digital products passively, reigning in money even when you aren’t working.
Getting Started Now
I suggest using a program I personally use called WealthyAffiliate.com to get started in this online digital goods selling endeavor. This site will give you all the training and resources you need to succeed. This guide was able to give you the bare bones and enough to get started, but I guarantee Wealthy Affiliate will give you the meat and drive to reach your full potential as a successful digital goods entrepreneur.