By Far the easiest and fastest way to make money online is selling digital products. Reselling products that other people have made and you approve of gives you practice and experience in marketing, without a huge risk to your personal time wasted if it doesn’t sell well. Also digital products have NO shipping charges, they are in high demand, and many of them come with a professionally designed sales page. So all you have to do is promote them to new eyes and web traffic.
The only problem is that most people start off in the digital products business trying to sell a huge amount of out dated products. (Or products that you can probably get for free somewhere else.) Don’t get me wrong… older products can sell, but not as much and you have to work a little harder. It’s far easier to sell a digital product that you can see is gaining momentum, but perhaps has not peaked at it’s full potential. Gauging this is really only possible with experience, but it doesn’t take long to get a feel for it.
The key to making good money from these products is to do a lot of research. First make sure the product is new”ish” to the market (the newer the better). Then find its market value, a good way to judge this is to search the title of the product on eBay, look through the listings and you should get a good idea what its selling for. If you don’t see it listed, its usually a good sign. Try searching the title in Google and see what pops up.
I know there are a lot of sites out there selling these products and after a while it seems that they are all offering the same old stuff. Which brings me to my next tip. If you come across a unique product that not many people are selling… get on board!! With the right promotion these products can be the MOST profitable. If for some reason the product you thought was right for you doesn’t sell… then at least make the experience worth something by determining what NOT to do next time. As long as you have an important thing to take away you can at least pin point something to keep in mind for next time. Remember that not everything you try will be a home run. Everyone is different and what works for some people may not work for others. Sometimes you will hit a single or a double and sometimes you’ll strike out or have a wild foul ball. The point is, you can’t have a batting average if you never step up to the plate.
Feel free to comment below, and happy selling!