5 Digital Product Ideas to Boost Your Online Income to $2,284/wk

5 Digital Product Ideas to Create and Sell Online for Consistent Passive Income

Are you ready to make this year your best yet? Buckle up because by the end of this article, you’ll have discovered five powerful digital product ideas that you can create in just 24 hours or less. Not only that, but you’ll also know exactly where to sell them, so you can finally start generating consistent passive income online.

Digital products have revolutionized the way people earn money on the internet. They offer a unique opportunity to package your knowledge, skills, and expertise into a valuable asset that can be sold repeatedly without the need for inventory or shipping.

We strongly recommend that you check out our guide on how to take advantage of AI in today’s passive income economy.

Digital Product Idea 1: AI Prompts

AI prompts are text-formatted messages that you input into chat GPT to achieve a specific result. These digital product ideas are incredibly useful because people are utilizing chat GPT for a wide range of tasks, from generating ideas and writing articles to brainstorming and reformatting content.

The challenge with using chat GPT effectively lies in knowing the right prompts to input to obtain the desired outcome. This is where AI prompts become invaluable, solving a genuine problem for users.

Creating AI Prompts

To create AI prompts, consider the following steps:

Identify the prompts you already use to solve problems in your daily life.
If you don’t have existing prompts, start utilizing chat GPT to develop prompts that address common issues you encounter.
Package these prompts into a sellable format, such as a PDF or a downloadable file.

Selling AI Prompts

When it comes to selling AI prompts, building your own foundation and having your own business is crucial. Instead of relying on marketplaces like Amazon or Etsy, which come with numerous drawbacks, focus on growing your own following on a social media platform of your choice.

Once you have a following, offer a freebie to convert those followers into email subscribers. Then, sell your digital product ideas, like AI prompts, via email marketing. The best part is that you can sell these prompts with just a checkout page, without the need for complicated sales pages or webinars.

Digital Product Idea 2: SOPs and Checklists

SOPs (Standard Operating Procedures) and checklists are step-by-step guides that show someone how to complete a specific task. These digital product ideas can be in written or video format and are particularly valuable for business owners who want to streamline their processes and train their team members effectively.

Creating SOPs and Checklists

To create SOPs and checklists, consider the following steps:

Identify the SOPs or checklists you already have in your business that could be helpful to your target audience.
If you don’t have existing SOPs or checklists, think about your niche and the problems you can solve by creating these digital product ideas.
Break down the process into clear, actionable steps that are easy to follow.

Selling SOPs and Checklists

As with AI prompts, selling SOPs and checklists is best done through your own following. Grow your audience on a platform like YouTube, offer a freebie to convert them into email subscribers, and then promote your digital product ideas via email marketing.

For low-priced products like SOPs and checklists, which typically sell for under $100, a simple checkout page is sufficient. You can create a checkout page using software like system.io, which allows you to host your digital products and run your entire business.

Digital Product Idea 3: Ebooks

Ebooks are a popular and versatile digital product idea that can be created and sold by beginners and experienced entrepreneurs alike. Despite the name, an ebook doesn’t need to be a full-length novel. Instead, think of it as a concise PDF digital download that solves a specific problem for your target audience.

Creating an Ebook

To create a successful ebook, follow these steps:

Identify your ideal client and the problem they need to solve to achieve their desired outcome.
Outline the key points you want to cover in your ebook, focusing on providing a clear path from the reader’s current situation to their goal.
Write the ebook using a tool like Google Docs, ensuring that the content is concise and actionable.
Use a design tool like Canva to create an attractive layout and cover for your ebook.

Selling an Ebook

Ebooks, like other low-priced digital product ideas, can be sold effectively through a simple checkout page. Create a checkout page using a platform like system.io, and promote your ebook to your email list and social media followers.

As you gather testimonials from satisfied customers, add them to your sales material to build social proof and encourage more people to purchase your ebook.

Digital Product Idea 4: Templates

Templates are a versatile digital product idea that can encompass a wide range of formats, from Photoshop and Canva templates to notion templates and writing templates. Essentially, any asset that can be templated can be sold as a digital product.

Creating Templates

The process of creating templates varies depending on the specific format, but generally, it involves the following steps:

Identify the type of template you want to create based on your expertise and your target audience’s needs.
Design the template using the appropriate software (e.g., Photoshop, Canva, or Notion).
Save the template in a format that can be easily imported and used by your customers.

Selling Templates

Like other low-priced digital product ideas, templates can be sold through a simple checkout page. Grow your following on a platform of your choice, offer a freebie to convert them into email subscribers, and then promote your templates via email marketing and social media.

Digital Product Idea 5: Training Videos

Training videos are an excellent digital product idea for entrepreneurs who are comfortable being on camera and have valuable knowledge to share with their audience. A training video can be a screen recording, a face-to-camera video, or a combination of both, designed to teach a specific skill or concept.

Creating Training Videos

To create a training video, follow these steps:

Identify the topic of your training based on your expertise and your target audience’s needs.
Outline the key points you want to cover, ensuring that the content is clear, concise, and actionable.
Record the video using a tool like Loom for screen recordings or a camera for face-to-camera content.
Edit the video to remove any mistakes or awkward pauses, and add any necessary graphics or annotations.

Selling Training Videos

As with other digital product ideas, training videos can be sold through a simple checkout page. Grow your following on a platform of your choice, offer a freebie to convert them into email subscribers, and then promote your training videos via email marketing and social media.

You can set up your checkout page so that customers automatically receive an email with a download link for the training video upon completing their purchase.

Conclusion

Armed with these five digital product ideas and the knowledge of where to sell them online, you’re well on your way to creating a successful online business that generates consistent passive income.

Remember, the key to success with digital products is to identify your target audience’s needs, create a valuable asset that solves their problems, and then promote it effectively through your own channels.

By focusing on building your own following and email list, you’ll have the freedom and control to grow your business on your own terms, without relying on third-party platforms or paying steep fees.

So, what are you waiting for? Choose one of these digital product ideas, create your first product, and start your journey towards financial freedom today!

FAQs:

What are examples of digital products?

Digital products are intangible assets that can be sold and delivered online. Some popular examples include:

Ebooks
Courses and tutorials
Templates and printables
Graphics and design assets
Software and apps
Audio and video content
Photography and digital art
Licenses and certificates

These digital product ideas can be created in various formats, such as PDF, MP3, MP4, JPEG, or PSD, depending on the type of content.

What is something digital I can sell?

There are countless digital product ideas you can create and sell online. Some options include:

An ebook on a topic you’re knowledgeable about
A course teaching a specific skill or hobby
Templates for social media graphics, websites, or resumes
Lightroom presets or Photoshop actions for photographers
Printable planners, worksheets, or coloring pages
Stock photos or digital art
WordPress themes or plugins
Mobile apps or software tools

The key is to identify your skills and expertise and then create a digital product that solves a problem or meets a need for your target audience.

The popularity of digital product ideas can vary depending on factors like current events, technological advancements, and consumer demands. However, some consistently trending digital products include:

Online courses and e-learning materials
Printables and worksheets for personal or professional use
Social media templates and graphics
Ebooks on personal development, health, or finance
Lightroom presets for mobile and desktop photo editing
Procreate brushes and resources for digital artists
Productivity tools and software
Website themes and landing page templates

Keeping an eye on current trends and customer needs can help you create digital products that are in high demand.

Can I make money selling digital products?

Absolutely! Selling digital products can be a lucrative way to generate passive income online. Some benefits of selling digital product ideas include:

Low overhead costs, as there are no physical products to manufacture or ship
The ability to sell your product an unlimited number of times
Automated delivery systems, allowing for passive income generation
High profit margins, as the cost to create a digital product is often minimal
The potential to reach a global audience through online marketplaces and platforms

To succeed in selling digital products, focus on creating high-quality, valuable content that meets the needs of your target audience. Promote your products through your own channels, such as your website, email list, and social media, to maximize your earnings and build a sustainable online business.