The first time you heard the word e-commerce what came to your mind? My best guess is this: someone orders a product, fills in the shipping address, pays with a card, and gets the product shipped the next day. Accurate isn’t it?
However, today e-commerce has evolved, or what would you call a product that requires no shipping or inventory? Digital products are taking over everywhere.
What are Digital Products?
To be clear when we say digital downloads, what exactly do we mean?
Digital downloads are products exclusively created, bought, and sold in digital format. As the name implies, customers can immediately download their purchase (often in the form of a .png, .jpg, .mp3, .mp4, .pdf, or .zip file) following their transaction.
So How Does Digital Products Work?
When you add a product to your store, you upload a file that is automatically delivered to customers. An automated email delivers a unique download link after they make a purchase.
Once you create the product you can immediately start selling it to as many customers as you want. And compared to physical products the overhead cost is significantly lower, which means more profit in your pocket.
The digital download business model might sound too good to be true. But the truth is, once designed, your digital product can be sold indefinitely. You also don’t have to deal with production, shipping, returns, packaging — all that messy offline stuff. Everything happens digitally. This means that your selling can be fully automated: from driving traffic to your store with Smart Shopping to working with Support queries by implementing chatbot plugins. This way, you can concentrate on customer experience, growth, or creating more products to increase your turnover.
If you are ready to get started, let’s take a look at the five steps you can take to monetize your work with digital downloads.
7 Steps to Get Started Selling Digital Products
Step 1: Choose your e-commerce platform
First and foremost, it's essential to find an e-commerce website platform that fundamentally supports digital product sales. This is important because not all e-commerce platforms support digital downloads or have robust provisions for digital downloads. So do your research before choosing an eCommerce platform.
While we might be biased towards Kitcart, it is only because Kitcart has more industry-specific and continent-specific experience than alternative options—including Ecwid, Woocommerce, Samcart, and others.
Step 2: Choose A kItcart Plan
Kitcart has different plans, pick one to start with. Choose which works best for you. Below is a list of plans for Kitcart.
Kitcart Bronze Plan – $50 per annum
Kitcart Silver Plan – $100 per annum
Kitcart Gold Plan– $250 for two years.
Kitcart also has bigger plans for enterprises. You can check out the full pricing guide
Step 3: Choose A Theme.
Stand out from the crowd. Choose from tons of professionally designed, industry-specific templates, all of which are mobile-friendly, SEO optimized and highly customizable.
Whichever plan you choose comes with a lot of themes you can choose from. Feel free to explore the library of Kitcart themes until you find a design that speaks to you.
Step 4: Install Downloadable Plugin
From your kitcart admin's dashboard, click on the plugins section, then scroll to the downloadable plugin tab, then hit the install or activate button (depending on what Kitcart plan you have). Then you are good to go.
Step 5: Upload your products
Next, upload your product(s), information, and details to your from your admin section set your price, then publish. Also, you can create funnel sales pages to highlight and sell each of your digital downloads.
Step 6: Start making money
Sit back and watch as your products generate passive income. You do not even need to worry about sending the downloads to your buyers because it's all automated. Your Customers get the link to the digital downloads that automatically deliver your products immediately after they've completed the purchase.
What Kind of Digital Products Can You Sell?
I'm sure you're wondering right now, "What's the most profitable digital product to sell?" As a result, we've compiled the following list to update you on the digital goods that are now in high demand.
- Ebooks. Revenue in the ebooks segment is projected to reach $16,7 billion in 2020 and $20 billion by 2025 (Statista). You can sell ebooks like Skin Care 101, The Skin Boss, etc that your customers and fans will love to buy.
- Courses. The online education market reached $188 billion in 2019 and is projected to exceed $319 billion by 2025 (Research and Markets).
- Videos. Revenue in the Video Downloads (EST) segment is projected to reach $4,7 billion in 2020 and $5,1 billion by 2025 (Statista).
- Audio. Revenue in the Music Downloads segment is projected to reach $2 billion in 2020 and $10 billion by 2025 (Statista).
- Images. The global stock images and videos market size is expected to generate revenues of over $4 billion by 2023 (PRNewswire).
While this is not an entire list, it is clear to see how selling digital products may provide e-commerce businesses with large, passive income.
Which Kinds of File Types are Compatible with Digital Product Sales?
When selling your digital products, you will need to upload them in a compatible file type. For digital product downloads, KitCart supports all of the most commonly used formats:
How to Choose The Best Downloadable Product To Sell
With so many options it’s easy to get lost. Think back, take a look at your skill sets, and your experiences, and turn them into content formats you can easily produce.
For instance, if writing and research come naturally to you, then go ahead and put out your Skin Testament, Skin Secrets cookbook, and skin advice, depending on the product you sell.
If it's a video content format that comes naturally to you, then lights, camera, action.
Sell Digital Products Online With Kitcart
Kitcart helps creators like you monetize their work. You can start selling your digital products on any Kitcart plan today! Here’s our invitation to sign up here online to get started!
No matter the type of digital product or the distribution channel you choose, you’ll need your own place online to invite your customers and fans to share stories and, of course, sell as many copies as possible.
With the Kitcart downloadable plugin, it’s easy to sell digital downloads of e-books, video courses, audio files, PDFs, graphics, and other files, even if they are as large as 1TB in size, even if you have a million of them! The best part is that even if you have an existing website there’s no need to restart from zero. Kitcart lets you seamlessly migrate your existing data and continue from where you stopped.
Whatever you want to sell, Software, ebooks, online courses, images, videos, templates, designs, filters, business docs, blueprints, research, or something else? All possible with digital products. Ready to start selling digital products? Click here to get started today.