Scratchones – We live in a time when people can run small businesses anywhere in the world. For some creators, selling digital products can provide additional income in addition to their main job. For others, it becomes a full-time business.
What these cases have in common is that they both take advantage of the undeniable benefits of selling digital products. And the most important reason is the high-profit margin and huge potential. Plus, they are infinitely scalable!
So if this is something you’d like to try, read on to learn more about how to create a digital product. Here is a list of various products.
Most Popular Digital Products
1. Most Popular Digital Product Illustration: Software
The software digital product industry is huge and growing. There are many opportunities. The global software market is projected to be worth more than 1 trillion dollars in the next few years. Hugh!
People use computers and mobile devices every day. Code writers and product developers can build the applications people want and need to speed up the tasks of business and everyday life.
The software can be the most profitable digital product. From large companies to small businesses to individual users, here are some of the types of software products you can create and sell WordPress Plugins, WordPress Themes, and mobile apps.
Apart from that, there are also fitness apps, project management apps, Windows apps, and Mac apps. Not only that, but there are also Linux Applications, iPhone Applications, and Android Applications.
Selling software online is something that many of us already know. Get started selling software by going through learning how to best sell your digital products. Check out our detailed guide to selling software
2. Web-Based Application (SaaS)
Web-based applications are similar to software but are not downloaded from the web and installed on your device or computer. Instead, the software is run in a web browser. This type of software is also known as SaaS (Software as a Service). These businesses may not be “digital products” in the truest sense of the word, but they can be sold in the same way. And customers use and perceive them as similar. Many software makers are faced with the choice between building web-based SaaS applications or distributed installable programs. The ecosystem for SaaS is huge.
Here are some examples. Many of the names you will be very familiar with are file storage services Dropbox, iCloud, Google Drive, and MediaFire. There are also several categories of music apps, such as Spotify and Apple Music.
In addition, there are also email marketing digital product platforms, such as Drip, Mail Chimp, AWeber, and ConvertKit. SaaS products typically have a subscription price or recurring payment model.
The customer pays a monthly fee or an annual fee for access to the tool/application/service. Learn more from our article on selling web-based/SaaS services.
3. Graphics and Digital Art
Graphic designers and artists can create a wide variety of unique and valuable products. Selling digital file products allows access to a large customer base.
This is a great way to make money online because it reuses skills you already put to work. Examples include logos, Brand kits, design templates, and Adobe files and templates (.PSD and . AI files).
In addition, there are also digital products Affinity Designer and Affinity Photo Templates, PowerPoint Themes, Original artwork, Clip art, Stock icons, Card designs, and File slides.
4. Cloud Design Application Template
There is a new segment of graphic templates that we need to mention. Web-based cloud design applications such as Canva and Adobe Creative Cloud Express are developing very fast.
This app makes it easy for both non-professionals and professionals to quickly create beautiful designs using just a web browser. They are fantastic digital products for beginners.
They have tens of millions of users. And this will only grow as social media grows. You can sell templates for this growing market.
Use the design skills you already have. All you need is a free Canva account for Adobe CCE! Be sure to consider these types of digital products.
Fonts and typography are great examples of ever-popular digital products. Customer preferences are constantly changing, and designers are always in need of new fonts. Fonts can be created and distributed for use on the web by website builders or desktop applications such as Microsoft Word and Adobe Photoshop.
6. Music and Audio
Music and Audio are powerful digital media products for communicating messages. People pay for audio files that entertain them, calm them, inform them, inspire them, and help them achieve business goals.
Audio products can include recorded lectures, music samples, audiobooks, foreign language lessons, and soothing background sounds. Apart from that, you can also sell karaoke versions of popular songs, reusable sound effects, and full lyric or instrumental music tracks.
High-quality premium photos are one of the most sought-after digital products today. The biggest consumers of online photos are bloggers and website owners. There are many types of photos that you can sell, such as portraits, stock photos, drone photos, and event photos.
One of the challenges is that photography has become a bustling market. It’s hard to sell photos for a high price. It’s hard to get what they deserve. Often they are given away for free.
However, there are strategies for building a successful photo-selling digital product business. The first thing you need to do is make it very easy to buy photos.
Consider whether you should sell individual photos or provide customers with unlimited downloads. A good website is an important part of a photographer’s portfolio.
Showing off your digital products beautifully is necessary to raise your profile. If you have competitive prices and great images, you can sell your own independent or client photos very well on your own website.
Video is a very popular and effective format for conveying information online. Content can be educational, informative, or entertaining.
This digital product is more attractive than text. It can be easily consumed by clicking the play button and watching. Some people like to watch videos at 1.5x or 2x speed to learn faster.
Users love videos and, in most cases, are happy to pay for them. There are many types of videos that you can sell, such as online courses/training, stock footage, and drone footage.
These are various digital products that are predicted to be in demand throughout 2022. You must take advantage of this opportunity considering that digital technology is growing rapidly.