I absolutely love having an online store where I can sell products I am passionate about.
While my another Instagram store sells physical products, it can be a bit hectic with managing inventories, handling replacements, and dealing with time-consuming deliveries.
However, running my digital product store through Resell Ready is a completely different story.
I primarily focus on reselling digital products, but there’s a vast array of options you can explore. Experiment with different types of products and find what you enjoy creating the most.
If you enjoy creating it, you’ll be able to make a good income from it. That’s the secret mantra!
What are digital products?
If you are new to this, let me help you out. Digital products are items available in digital form.
Example: Songs can be delivered in two forms.
- CDs — Physical products
- MP3 — Digital product
In this article, I’ll concentrate more on digital products. :)
Why resell digital products versus physical goods?
I operate both types of stores and love them both, but there are some key differences to consider before diving into this business.
- No Inventories with Digital Products — Unlike my music store on Instagram, my digital product store with Resell Ready doesn’t require maintaining inventories. Resell digital products again and again.
- Lower Production Costs, Higher Profits — I mainly create and resell digital products like ebooks and templates, so the production cost is essentially $0.
- Flexible Products — Ebooks and templates take time to create, but with Resell Ready, I offer digital products with master resell rights. This way, I can monetize my business without constantly creating new products. Simple. :)
Where to Sell Digital Products
Many people wonder where to sell their digital products. Here are some options I personally use:
- Marketplaces — Shopify, Etsy, Amazon KDP. I use Shopify
- Your Own Free Store — Gumroad, Payhip. I primarily use Gumroad as well.
10 Best Digital Products to Sell Online
- Ebooks — My favorite and currently makes up 70% of my income.
- Digital Templates — Recently started, still learning. If you sell templates, try Etsy for a large audience.
- Digital Memberships — Best for those short on time to create products. Offer memberships from $5/month to $50/month.
- Online Courses — A popular way to monetize skills. Sell video courses on Udemy and Gumroad.
- Photos, Illustrations — Sell on Adobe Stock. Though I’ve made only $7 from 13 images, it’s a start.
- Software — Sell website themes, complete websites, plugins, etc.
- Music, Art, and Entertainment — Monetize your music on Spotify through their subscription methods.
- Digital Services — Monetize your skills on platforms like Fiverr.
- Printable Digital Products — This is a growing niche. Use Canva to create business templates and sell them on Etsy.
- Resell — Creators often sell digital rights to their products. Always ask for permission before reselling.
Resell Ready Review (2024): How I Make Money Selling Ebooks, Planners and Social Media Post.
I hope you find this list useful. Most of the products listed here are ones I sell myself, with a few exceptions.
Many people claim that this market is saturated, but believe me, there’s always room for quality products.
Quality = More Money!
See you soon!