My Favorite Digital Products and How to Price Them

Summary

The website content discusses strategies for making money by selling digital products, emphasizing the author's personal experience with diversifying their digital product offerings beyond ebooks.

Abstract

The author, who began their journey as a writer, shares insights on the potential of digital products as a lucrative business model. They emphasize the importance of diversification and understanding audience needs by exploring various digital products such as ebooks, templates, planners, workshops, newsletters, web elements, and coaching services. The author provides specific examples of their digital products, including an all-in-one meal planner and Google Sheets templates for tracking sales and subscriptions. They suggest that while ebooks have been their primary source of income, expanding into other digital products can be beneficial and less monotonous. The article concludes with a recommendation to focus on two types of digital products to avoid difficulties in management and suggests that ebooks are an ideal starting point for beginners.

Opinions

The author expresses a strong preference for ebooks, templates, and planners/printables, highlighting them as favorites.
They advocate for the importance of personal branding for writers, linking to an article that likely expands on this topic.
The author values the use of Google Sheets for tracking various aspects of their business, indicating a practical and efficient approach to business management.
They mention that workshops and classes can be the most expensive digital products to offer, suggesting a recognition of the value and effort involved in creating educational content.
The author reflects on their past experience selling WordPress theme templates on Fiverr, noting the competitive nature of this market now.
They recommend a focused approach to selling digital products, advising to limit the number of product types to maintain manageability.
The author encourages readers to join their newsletter, "Wealth Creation for Writers," indicating a commitment to providing ongoing value and insights to their audience.

#1, #2 and #5 are on my fav!

screenshot by author

Digital products are the future!

I started as a writer, and now this year I will be expanding my reach in the digital world. Before this, my business was mostly from ebooks alone. But experimenting and trying out different things helps us better understand our audience’s needs.

Plus, it provides a break from doing the same thing again and again.

Example: Being a writer, I also use Google Sheets to track my ebook sales, subscriptions to writing tools, and track my book progress. I also have an All-in-one Meal planner in case you are interested.

Best Selling Digital Products

Ebooks/Guide — My favorite of all! If you are interested in learning more, then check this for more details. Price: $5-$50

Templates — I am very much a fan of using Google Sheets to track everything from my finances to my daily work. Price: $5-$200

Planner/Printables — I used to use these printables before Google Sheets (I bought them from Etsy). Price: $0.99-$20

Workshops/Classes — This is the most expansive one. Price: $50-$500

Paid Newsletter/Membership: $5-$50

Web Elements — I used to sell WordPress theme templates on Fiverr. This was five years ago. Price: $5-$300. This is competitive now.

Coaching — 1–1 coaching usually ranges from $100 to $1,000.

HOW TO MAKE MONEY SELLING DIGITAL PRODUCTS

My Favorite Digital Products and How to Price Them

#1, #2 and #5 are on my fav!

Best Selling Digital Products

Conclusion

Digital Products Have 10X My Business Revenue