HOW TO CREATE DIGITAL PRODUCTS TO SELL BY GENERATING REAL PASSIVE INCOME?
Do you want to learn more about digital products publishing? Well, it’s no secret. There’s so much opportunity with digital products right now, and the benefits are incredible. With digital products to sell, you get:
- 100% profit and ownership
- Easy distribution
- A product that’s easy to update
- Location independence
With a little bit of work and the template I’m going to share in this post, we can get information of all kinds out to the masses. It comes in three distinct forms, and the best one depends on the creator and the message they want to convey. If you’ve ever wondered how to create digital products, you’ve finally come to the right place.
WHAT ARE THE THREE FORMS OF DIGITAL PRODUCTS?
When talking about digital products to sell, you essentially have three options. All of them are viable options for your business, but the right one for you depends a lot on your personality and goals.
This is the most common form of digital information product, and it’s a great option for people who don’t know how to create digital products. They’re easy to create and full of value. Written digital products include things such as eBooks, blogs, reports, newsletters, and worksheets. The best part is that people who want to create a written digital product do not have to be a good writer. Also there are other ways to create them, such as transcription or outsourcing.
This kind of digital product is becoming more and more popular every year. It includes formats such as audio courses, music, guided meditation, and podcasts. People can listen to audio while doing other things, like driving or working out. And this is what makes it so appealing. It’s possible to purchase a special podcast microphone off Amazon for less than $200 and download an audio software like audacity for free.
While it’s common to think video is difficult to create, it really isn’t! Things like presentations and video courses have a high perceived value, and all that’s required is a computer and a good microphone. For video these days a camera isn’t even necessary. You can create a nice PowerPoint presentation and use screen recording software to record yourself talking through the points.
HOW TO CREATE DIGITAL PRODUCTS?
STEP 1: CHOOSE A PROFITABLE NICHE
Before you even learn the ins and outs of how to create digital products, you need to decide what product to create.
There are some very critical questions to ask about any niche under consideration, including:
- Is it digital friendly?
- Are there other digital publishers in this niche?
- How big is the audience?
- Are people searching online for information in this niche?
- Could you create and sell multiple products to this audience?
STEP 2: BRAINSTORM A WINNING PRODUCT
Ultimately, the key to any successful product, digital or physical, is that it solves a problem. To determine potential problems to be solved, more research is needed.
The research consists of 3 incredibly important questions:
- What are the potential customers’ biggest challenges?
- What circumstances cause people to seek out information in your niche?
- What changes would people like to see in their lives?
STEP 3: CREATE THE ACTUAL PRODUCT
Again, the three types of digital products are:
Along with that you can even DIY your digital products. In case it goes wrong then you can simply outsource your product by paying someone else to create the product. This option takes less time and effort, but it costs more money. The key is to find an expert who already understands how to create digital products. When looking for someone to create a product, hiring a freelancer is the best route to take. They’re highly experienced in their field and are easy to find.
There are so many great platforms through which to connect with freelancers, such as:
But it’s important to understand how to work with a freelancer. Hiring someone who is qualified and can get the job done is important.
Here are some important tips for working with freelancers:
- Establish a budget before posting a job
- Be detailed when writing the project description
- Engage with the freelancer
- Create an outline and provide examples of related products for reference
- Review and give feedback quickly
See how our shopify app development services can help you out.
STEP 4: PARTNER WITH AN EXPERT
This is an incredibly powerful and secret way to create a digital information product. There are plenty of niche experts out there, and they are generally happy to share their knowledge.
Find the experts in the chosen niche and interview them:
- Record the interview for an audio product
- Transcribe it for a written product
- Make a screen-capture video for a video product
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