digital profits: special report · profitable business online. i later ventured into health niches...

DIGITALPROFITS:SPECIALREPORT


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TableofContents

Introduction ............................................................................................................ 4

The Big “E” ............................................................................................................ 6

Develop Kick Ass Apps ....................................................................................... 12

Courses & Training .............................................................................................. 14

Graphics & Stock Photos .................................................................................... 17

Subscription Services .......................................................................................... 20

Think Outside The Box ........................................................................................ 23

Resources ........................................................................................................... 25


Introduction

So,youwanttojointhemulti-million-dollarmarketplacesellingdigital

productslikethepros.Chancesare,you’veheardcountlesssuccess

storiesofpeoplewhohavebuiltincrediblysuccessfulhome-based

businessesonthebackofdigitalinformationproducts.

Nowyou’rereadytoventureoutonyourown.Youhavethedriveand

determinationtodoit.There’sjustonemajorquestion:

Whatwillyousell?

Digitalproductscomeinmanydifferentformats.Fromimageryto

contentbasedproducts,thepossibilitiesareendless.Andwiththat,so

istheincomepotential.Sincedigitalproductsdon’trequiretracking,

packingorinventory,thereisnocostlyoverheadtoworryabout.

Betteryet,youcangetstartedwithevenaveryminimalbudgetjustby

hiringcontentcreatorstodotheworkforyou!

InthisspecialreportI’lloutlinethetopdigitalproductsworthselling.

Allyouhavetodoischoosewhichonemostappealstoyou,research


themarketforideas,andcreateyourbestsellingproduct.

Areyouready?

Let’sbegin!


TheBig“E”

Creatinginformative,uniqueandwell-writteneBooksareoneofthe

easiestwaystomakemoneyonline.WhenyouthinkeBook,what

comestomind?Perhapsyoucouldwriteabestsellingfictionbookand

self-publishonAmazon.Or,youcouldwriteacomprehensiveguideto

dominatingyournichemarket,orwriteareportthatsolvesaproblem

andsellittoanever-growingaudience.

I’vepersonallymadealotofmoneysellingeBooksinvariousmarkets

andinmanydifferentformats.Forexample,Ibeganbysellingshort

reportsinInternetMarketingthathelpednewentrepreneurs’setupa

profitablebusinessonline.IlaterventuredintohealthnicheswhereI

wroteguidesondating,weightlossandevengardening.Theseshort

reportsandeBooksselllikehotcakesbecausetheysolveaproblem,

addressanissueandspeakdirectlytomytargetaudience.

Digitalbooksarealsooneoftheeasiestwaystostartmakingmoney

onlinebecausetheycarrynooverhead.Betteryet,it’sexceptionally

easytosetupadigitalstorefrontsothatvisitorscanpurchaseyour


contentandhaveitautomaticallydeliveredafterpurchase.Thismeans

youcancompletelyautomateyourbusiness!

Tokeepthingssimple,Iusedhttp://www.ProductDyno.comtobuildmy

digitalstorefront.ProductDynoworksforalldigitalproductformats

includingplugins,licensesoftwareandofcourse,eBooksandit’sjust

oneoftheeasiestwaystogetsetupwithminimalcostandeffort.Be

suretocheckitout.

Herearefewideastohelpyougetstarted:

Inventoryyourowninterestsandskills

Whatareyoumostpassionateabout?Whatareyourhobbies?What

obstacleshaveyouovercomeinyourlife?

Youlikelyalreadyhavealltheknowledgeyouneedtocreateyourfirst

informationproduct.Thinkabouttheexperienceinyourlifethatothers

mayalsobegoingthroughandhowyoucouldhelpthemovercomea

problem,learnanewskill,orimprovetheirlifeinameaningfulway.

Haveyoubeenthroughadivorce?Areyouasingleparent?Haveyou

struggledwithweight?Doyouhavepets?


Alloftheseexperiencescouldeasilybeturnedintoakillerinformation

productthatwillgenuinelyhelpyourcustomers!

EvergreenMarkets

Youshouldbaseyourdigitalproductsaroundstrong,proven,evergreen

markets.Evergreensimplymeansthatyourmarketwillcontinuetobe

in-demandforyearstocome,ratherthanbasedonsometemporary

fadortrendthat’llleaveyouscramblingforthenextbigthingassoon

asitfadesout.Don’twasteyourtimeorenergyonthat.Instead,focus

onforever-nicheslikequitsmoking,weightloss,creditrepairand

parenting.

FocusonProblemSolving

Yourdigitalproductshouldsolveaspecificproblem.Whetheryouhave

decidedtowriteabook,createadigitaltrainingprogram,orcreatea

pluginorapp,itshouldprovidedirectassistanceinsomeway(evenif

thatissimplybygivingyourcustomerhoursofentertainment!).

Problemsolvingproductswillalwaysbeeasiertosell,buttheyalso

helpyouidentifyandtargetyourcustomerbasesothatwhenitcomes

timetocreatemarketingcampaignsyouknowexactlyhowtoreach


youraudience.

Examples:

• Howtorepairyourcreditin72hoursorless!

• HowtoAvoidForeclosure!

• Lifeafterdivorce:Howtobethehappiestyou’veeverbeen!

TestYourMarket

Beforeyouspendmonthswritinganinformationproduct,consider

testingthewatersbywritingaseriesofshortreports.Notonlywillthis

helpyoudeterminewhetherpotentialcustomersareinterestedinyour

content,butyoucangetapulseonyourtargetaudiencethrough

customerfeedbacksothatyoucancreateamorein-depth,informative

productthattacklestheirgreatestproblems.

It’llalsoletyoucutyourteethonthedevelopmentalprocessof

creatingabestsellinginformationproductwithouttakinguptoomuch

ofyourtime.Shorterbooksorreportswillhelpyougetstartedfaster,

andifyouchoosetooutsourceyourcontenttoaqualifiedghostwriter,

shorterprojectswillcostlessandgiveyoutheopportunitytogaugethe

overallprofitabilityofyourmarket.


Also,goingaboutitthiswaywillgiveyoutheopportunitytobuildalist

ofprospectivebuyersbysettingupasimplelandingpageandofferinga

freedownload(areport,orspecialofferofsomekindthatwill

persuadethemtogiveyouachance),andgofromthere.

CreateHowtoGuides

Withahow-tostyledigitalproduct,you’reofferingasystematic,step-

by-stepapproachtoaccomplishingaspecifictask.Yourjobisto

organizeandbreakdowntheinformationintosimplestepsthatyour

readercanfollow.You’reaproblemsolver!

Examples:

• Howtopottytrainyourchildin7daysorless.

• Howtotrainyourdoginunderaweek!

• Howtocreateapolishedresumeinonehour!

• Howtorepairyourcreditreporteasily!

Q&AFormat

Youcancreateahotsellingdigitalproductjustbasedonmarket

research.Createaswipefileofthetop10questionsfromwithinyour

chosenmarket.Then,createaneBookthatanswersthosequestions!


Example:

YourBurningQuestionsAnswered:Howtomaximizeyourbooksales

withthetopstrategiesfrombestsellingauthors!

NomatterwhatyoureBook,reportorcontentisabout,yourreaders

wantaninstantsolutiontotheirproblems.Theywantquickhelp,

adviceandinformationthatwillsteerthemintherightdirection,

improvetheirlivesinsomeway,andultimately,helpthemreachtheir

goalsandobjectives.

Hereareafewevergreenmarketsworthexploring:

• Self-Improvement(weightloss,publicspeaking)

• Finances(budgeting,retirement)

• Relationships(marriage,dating,repairingrelationships)

• HealthRelated(acne,insomnia)

• Entrepreneurs(homebasedbusiness,startups)

• Parenting(pottytraining,familybudgets,mealplanning)


DevelopKickAssApps

DevelopingappsforbothAppleandGoogleisabillion-dollarmarket

andonethatcontinuestogrow.But,howcanwejumpintothismarket

ifweknownothingaboutcode?

FreelancewebsiteslikeUpwork.computyouindirectcontactwith

experiencedcoderswhoarewillingtocreateanappforyouat

reasonablerates.Youcouldalsoshort-cuttheprocessbypurchasing

anappfrommarketplaceslikewww.Flippa.comandthenhiringacoder

toreskinthedesignoftheapp(notthecode)sothatitfitsyourbrand.

Andthereisyetanothereasierwaytoclaimyourshareofthis

incrediblylucrativeniche:purchasesourcecodeorgrabalicensetoan

existingappthatallowsyoutoresellitandrebranditasyourown!

Evenfreeappscanmakeyoualotofmoneyjustbyfeaturing

advertisementswithinyourcontent,orallowinguserstopayto

upgradetheapptoincludeadditionalcontent(suchasaccesstoextra

gamelevels).


Oneofthebestplacestofeatureadswithinyourfreeappisatthestart

oftheloadingprocess.I’veused

https://www.revmobmobileadnetwork.comtoquicklymonetizeafree

appIpurchasedfromadeveloper,buttherearemanyothernetworks

worthconsidering,includinghttps://www.chartboost.com/

InordertopublishappsontheAppStoreorGooglePlaystoreyou’ll

needtosetupadeveloperaccountwhichwillcostyou$99forApple

andlessthan$30forGooglePlay.Yourappwillalsogothrougha

reviewprocesstoensurethatit’ssuitableforthestoreandfollows

Appleand/orGoogle’stermsofservice.

Hereareafewplaceswhereyoucanbuypre-madeappsand

applicationtemplates:

https://www.sellmyapp.com/

https://flippa.com/apps

https://www.fliptopia.com/buy

https://appngamereskin.com/


Courses&Training

Peopleareveryhappytopayforknowledgeandinformation.That’s

whywebsiteslikewww.Udemy.comaresoincrediblysuccessful.

Whydopeoplepaysomuchmoneyforonlinecourses?

Quitesimply,becausepeoplehaveproblemsthattheywanttosolve.

Perhapstheywanttobuildadeckbutcan’taffordacarpenter.Or,

perhapstheyhaveaweddingcomingupandreallywanttoloseweight

tofitintothatdress.Whateverthecase,peoplewillgladlypayfor

solutionstotheirproblems.

Hereareafewreasonswhycreatingonlinecoursesandtraining

materialissoprofitable:

Anyonecandoit.

Ifyouhaveamarketableskillofanykind,youcaneasilycreatean

onlinecoursethatwillmakeyoumoney.Whetheryouareexperienced

ingardening,carpentry,design,bakingormusic,there’sanaudience


waitingtopurchaseyourcourse.

Littlestartupcosts.

Mostyourupfrontcostswillbeinthetimeittakesyoutocreatethe

course.Youcangoontoregisteradomaintofeatureyourcourse,and

createamailinglistofcustomers,butneitherofthosearerequiredto

getyourcourseofftheground.Allyouneedisyourcoursematerials

andafewhoursofyourtimetojumpstartamarketingcampaign!

Tapintothepoweroftrainingcommunities.

Youcanfeatureyourcourseonwebsiteslikewww.Udemy.comor

www.SkillShare.comandreachabroadmarketquicklyandeasilywith

verylittlemarketingrequired.Plus,Udemywillhelpyoustructureyour

course,setupyourpricingmodelanddelivertheverybesttraining

productpossible.

Or,goitalonebyhostingonyourownwebsitewhilestillgainingaccess

tousefultoolswithatrainingsystemlike:https://teachable.com

Sell24/7.

Createyourcourseonce,setitupsothatcustomerscanpurchaseand

gainimmediateaccesstoyourcourse,andyoucansetyourbusinesson


totalautopilot,sellingaccess24hoursaday.

Potentialtoeasilyincreaseprofitsonback-end.

Youcouldaddauxiliarycomponentstoyourcourseorupgradeoptions

includingone-on-oneconsultations,Skypesessions,bonustraining

productsincludingmindmaps,videosandmore.

HighProfitMargin

Peoplearesellingaccesstocoursesforasmuchas$499ormore!

Onlinecoursesalsoofferultimatescalabilityaswellsinceyouarenot

limitedbyhowmanystudentsyoucanteachinanygivenday.


Graphics&StockPhotos

Doyoulovephotography?AreyouproficientwithPhotoshop?Ifyou

haveexperiencetakingcoolphotos,oryou’reanexperiencedgraphic

designer,youcanmakemoneyonlinejustbyshowcasingandselling

yourdigitalimagery!

WebsiteslikeShutterStock.comand123rf.comwillpayyougood

moneyforyourstockphotos,evenifyouareanamateurphotographer.

Allyouhavetodoiscreateafreeaccountanduploadyourphotos!

Whenjuststartingout(dependingonthestocksite),youcouldearn

anywherefrom20-40%persale,butthemoreextensiveyourportfolio,

andthemoreyousell,themoreyouwillbecompensatedwithhigher

percentagesandadditionalexposure.

Thekeytomakingmoneyinstockphotographyisinabalanceof

quantityaswellasquality.You’llwanttobuildanextensiveportfolio

thatfeaturesthehottestsellingimageryonline.Takealookthroughthe

topsellingphotos(themostdownloaded)togiveyouabetterideaas

tothetypeofphotosthatbusinessownersandmarketingprofessionals


arelookingforandbuildyourownportfolioaroundthosetypesof

images.

You’lldefinitelywanttoinvestinaqualitydigitalSLRcamerasothat

yourphotosareofexcellentquality.Then,worktowardsbuildinga

diverseandrobustportfolioofhighqualityimages.Getstarted!

Tip:Startbyapplyingatstockphotowebsitesthatareknowntobe

easiertogetintosuchasDreamstime.com.

Ifyouareagraphicartistwithapenchantforcreatingawesome

graphics,considersellingbookcoverservicestoauthors,promotional

materialtobusinessownersorwebdesignstonewstartups.Youcan

featureyourservicesonfreelancewebsiteslikeUpwork.com,togain

quickaccesstoanever-growingcommunityofpotentialclientsthatwill

allowyoutobuildupaclientele.Makesuretoalsotakethetimeto

buildaquickwebsitethatfeaturesgraphicsyou’vecreatedinorderto

showcaseyourskills.Justbesuretoaskpermissionfromclientsbefore

featuringtheirwork.

Tip:Themostmoneyyou’llevermakewillbeinpromotionalmaterial

suchaslogos,businesscardsandstationarysofocusonhoningyour


designskillsandtargetstartupsandbusinessesthatarelookingto

refreshtheirbrand.

Afteryou’vebeenabletodevelopaportfoliofromclientsonfreelance

websitessuchas99designs.com,considerexpandingyouroutreachto

placeslikeCrowdSpring.comandonceyouhavebuiltupaclientbaseof

regularcustomersyou’llbeabletoselldirectlythroughyourwebsite,

orFacebookpage.I’llprovideadditionalresourcesinthebackofthis

specialreport.


SubscriptionServices

Howwouldyouliketogetpaidmonthaftermonthbyanever-growing

customerbase,alloncompleteautopilot?

Oneofthebestwaystobuildrecurringincomeonlineisbycreatinga

membershiporsubscriptionwebsiteorservice.Thisbusinessmodel

allowsyoutomarketonewebsitewhilecontinuingtocashinonthe

samecustomerbase,monthaftermonth!

Membershipsitesarebasedonarecurringcontentschedulewherethe

websiteistypicallyupdatedonceamonth(althoughyoucanbaseyour

updatesaroundwhateverscheduleyouchoose).Thecontentis

protectedbyascriptthatprovidesaccessonlytopayingcustomers,

andtypicallythesystemissetuptoautorebillthrougheitheryour

merchantaccount,orthroughPaypal.

Onceyouhaveyourmembershipwebsiteupandrunning,allyouhave

todoisupdateitmonthlywithfreshcontentandkeepyourcustomers

happy!


Anddon’toverlookothermembershipformats,includingpaidaccessto

videocontentortrainingtutorialsandguides.Yourmembershipsite

couldcompriseofpurelytextual-basedcontentoramixofboth,

dependingonyourmarketandwhatyouraudiencewantsmost.

Makesuretoresearchyourmarketpriortocreatingyourmembership

sitesothatyouknowwhatformsofcontentothersuccessfulsitesare

offeringandwhatyouraudiencewillexpectfromyou.

Finally,youcanchoosetohostyourmembershipsiteonyourown

server,usearemotelyhostedoptionorusewebsiteslikeYouTube.com

tosetupprivatevideoaccesswherepeoplecanonlygainaccesstothe

contentoncethey’vepaidyou!

Hereareafewresourcestohelpyougetstarted:

http://www.ProductDyno.com

I’vementionedProductDynobeforewhenitcomestoprotectingmy

contentandreliablydeliveringdownloadstopaidcustomers.Youcan

alsouseProductDynotocreatemembershipbasedwebsiteswhere

yourcontentissecurelyprotecteduntilasubscriberhaspaidtoaccess


it.It’shandsdownoneofthemostsimplifiedsolutionsonline.

https://www.membergate.com/

Higherpricedmembershipsolution.Veryrobust,featureladenand

betterforthemoreexperiencedwebdeveloper.

SubHub:https://www.subhub.com

Thisisaprettycoolwebsitethatallowsyoutosetupapay-per-view

modelratherthanatraditionalsubscriptionformat.Thatmeans

potentialsubscriberscan‘tastetest’yourofferbeforefullycommitting.


ThinkOutsideTheBox

Iwantyoutothinkoutsidethebox.Literally.Getcreativeandthink

outsidetheproductbox.Digitalproductsgiveyoutheopportunityto

makeanincredibleamountofmoneyonlinewithlittletonooverhead,

andminimalstart-upcosts.

Otherthanthedigitalproductswe’vediscussed,whatothertypesof

digitalcontentcouldyouoffer?

Onecouplemakesover$400,000ayearsellingdollclothingpatterns,

whileasinglemomfromAtlantamakes$5,000amonthsellingaccess

viaaweightlossmembershipsitetovariouslowcarbrecipebooksand

workoutguides.Andyetanotherguymakes$14,000amonthsellinga

powerfulWordpresspluginthatcreatesafloatingopt-informenabling

bloggerstobuildalist!

Thepossibilitiesaretrulyendless!Spendsometimebrainstormingby

inventoryingyourowninterests,skillsandknowledge.You’dbe

surprisedathowmuchknowledgeorpersonalexperienceyouhave

thatotherswouldgladlypayforaccessto!


Ifyou’reagamer,considercreatingaseriesofwalk-throughguides.If

youknowalotaboutdoggrooming,gardening,music,orcooking,

considerturningthatknowledgeintoafull-lengthcoursethatyoucan

chargeaccessto.Ifyou’vequitsmoking,wentthroughadivorceor

overcamechallengesinlife–thinkabouthowyoucouldturnthat

informationintoaunique,informativeandhelpfulbookthatwillhelp

others.

Bytappingintowhatyoualreadyknow,andsharingthatknowledge

withinyourproduct,you'llbeabletocreateaninformative,thorough

andsolidproductthatisnotonlycompletelyoriginalbutgivesyouthe

opportunitytoconnectwithyourtargetmarket.

Digitalproductsarebyfaroneofthemostprofitablemethodsof

generatingasustainableincomeonline.Whetheryoudecideto

ventureintocreatingbestsellingebooks,courses,ormembershipsites,

youhaveeverythingyouneedtobuildapassiveincomeonline.

Toyoursuccess!


Resources

Herearelinkstotheresourcesfoundinthisguide:

PostGopher:http://www.PostGopher.comTheeasiestwaytosetupadigitalcontentstorefrontonline.Mytoprecommendation!ProductDyno:

http://www.ProductDyno.com

I’vementionedProductDynobeforewhenitcomestoprotectingmycontentandreliablydeliveringdownloadstopaidcustomers.YoucanalsouseProductDynotocreatemembershipbasedwebsiteswhereyourcontentissecurelyprotecteduntilasubscriberhaspaidtoaccessit.It’shandsdownoneofthemostsimplifiedsolutionsonline.StockPhotoWebsites(whereyoucanmakemoneywithyourdigitalphotography):http://www.Dreamstime.comhttp://www.ShutterStock.com(hardertogetintobuthigherpayout)http://123rf.comGraphicDesignMarketplaces:http://www.Upwork.com(greatstarterwebsitetobuidyourclientele)http://99designs.comhttp://www.CrowdSpring.comhttp://www.DesignCrowd.com


http://www.GraphicRiver.net(moremoney,greateraudience)http://www.RedBubble.com(greatplacetocreatet-shirtsandothermerchfromyourdesigns!)https://www.membergate.com/

Higherpricedmembershipsolution.Veryrobust,featureladenand

betterforthemoreexperiencedwebdeveloper.

SubHub:https://www.subhub.com

Thisisaprettycoolwebsitethatallowsyoutosetupapay-per-view

modelratherthanatraditionalsubscriptionformat.Thatmeans

potentialsubscriberscan‘tastetest’yourofferbeforefullycommitting.

digital profits: special report · profitable business online. i later ventured into health niches...

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