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Easiest passive income - how to sell digital products online (platform I use)

Easiest Passive Income - How to Sell Digital Products Online (Platform I Use)

Are you looking for the easiest form of passive income? Look no further! In this article, we will discuss how to sell digital products online and the platform I personally use. Over the last year, I have made an impressive $ 363,000 in mostly passive income from selling digital products such as ebooks, memberships, courses, and more. Digital products offer numerous advantages, including no need for product samples, low shipping costs, and the ability to sell the same product multiple times. The profit margins are also high, ranging from 80% to 90%. So let's delve into the world of selling digital products and discover the easiest way to generate passive income.

Types of Digital Products and Potential Earnings

One of the easiest digital products to start with is an ebook. They are quick, easy, and free to make. Plus, they are easier to sell due to their lower price point, usually around $ 99 or less per ebook. I recommend starting with ebooks as they can help build your confidence and generate consistent sales. For example, one of my first ebooks, "Model Call," generated over $ 500,000 in sales over a four-year period. I have also created other digital products such as templates and online courses. While online courses require more time and effort to create, they can be priced at a premium, ranging from $ 297 to $ 1,997 or more. The potential earnings from selling digital products are impressive, as my online courses alone have generated over $ 8 million in sales.

How to Sell Digital Products

Now that we have explored various types of digital products, let's dive into how to sell them. My proven three-part framework for selling digital products online is as follows:

  1. Grow a Following: Choose one or two social media platforms that you enjoy posting on and start creating consistent content. Research what works well in your niche and model successful posts. Pinterest, YouTube, Instagram, and TikTok are popular platforms to consider.

  2. Move Followers to Email List Subscribers: Offer your followers a valuable, freebie in exchange for their email address. This could be an ebook, checklist, template, or any other relevant content. Growing an email list is 40 times more effective at making sales than relying solely on social media.

  3. Find a Platform to Sell On: I recommend using system.io, an all-in-one tool that hosts websites, blogs, email marketing, automated systems, funnels, checkout pages, and digital products. It offers a free account for up to 2,000 email subscribers, and their most expensive account is only $ 99 per month with unlimited features.

By following this three-part framework, you can effectively sell your digital products, nurture your email subscribers, and generate passive income.

Keyword: Easiest Passive Income, Digital Products, Sell Online, Platform, Ebooks, Online Courses, Membership, System.io, Email List

FAQ

1. Where can I sell digital products online? I recommend using system.io as it is a versatile platform for hosting and selling digital products, email marketing, and more. It offers an all-in-one solution at affordable pricing.

2. What is the easiest digital product to start with? Ebooks are the easiest digital products to create and sell. They require less time and effort to produce and can be priced affordably, making them easier to sell to a broader audience.

3. How can I grow a following for selling digital products? Choose one or two social media platforms where your target audience is active and create consistent content. Research successful posts in your niche and model them. Engage with your audience and offer valuable content to attract more followers.

4. What are the benefits of selling digital products? Selling digital products offers a range of advantages, including higher profit margins, no need for physical inventory or shipping, and the ability to sell the same product multiple times. It also allows for scalability and the potential to generate passive income.

5. Can I sell digital products without a website? While having a website is beneficial, you can still sell digital products without one. Platforms like system.io provide the necessary tools to host and sell your digital products, email marketing, and create sales funnels without the need for a separate website.

6. How long does it take to start making passive income from digital products? Building a solid foundation for selling digital products may take 1 to 3 months, depending on your dedication and efforts. It requires consistent content creation, nurturing your email list, and promoting your digital products. Once the foundation is established, you can start generating passive income over time.