Digital Products are exploding and It’s a great time to start your journey. Here are seven reasons why now is the time to start.
Easy Start-Up
You can get started with knowledge of something you already know. Create a product that you have experience with and are passionate about. Example: Keto Friendly Cooking, Nature Photography, Party Planning, Meditation, etc
Low Overhead
Digital products don’t require storage, purchasing stock or shipping costs like physical products. You only need a few basic items that you already have like a computer, phone, Canva and creativity.
High Profit Margin
A big advantage of selling digital products over physical products is a high profit. You create a digital product once and sell it over and over again. Keeping all the profits.
Global Reach
Because Digital Prodcts can be sold worldwide, it allows you to tap into a vast market
Customization
You can customize products for your customers needs which enhances the experience and perceived value. Personalization could be an added feature that makes you stand out.
Scalable
Once you begin and have everything set up, you can easily add additional products taking your business to a new level.
Flexibility
A significant advantage is the flexibility of your work schedule and ability to work from home. Create a full time business or one that generates extra income to supplement your current salary. It’s the best option for stay at home parents, single parents or for someone who just wants more out of life!
BUT... what if you don’t want to create your own products but still want to make passive income? Yep, I get it, and it is absolutely possible to do this too! You can do this by purchasing a DONE-FOR-YOU digital product with Private Label Rights (PLR) or Master Resell Rights (MRR). Digital products (with PLR or MRR) are ready made products that you can not only learn from, but that you can also rebrand and resell for 100% profit!