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How To Earn Money Through Interent

How To Earn Money Through Internet

Creating Your Digital Products

The market for digital products is quickly becoming the fastest way to earn money through the internet. With a little research, you’ll discover how many folks, just like you, have quickly built a steady income stream in the digital product market space. It’s a $160 Billion dollar industry and is predicted to hit $240 Billion by 2024! This is your prime opportunity to jump on this gravy train.

You can create a very profitable business and steady income by offering your own digital products. This is the number one way that continues to draw in consistent revenue for online entrepreneurs. 

What’s Your Niche?

Making money online goes well beyond banner ads and affiliate links. Although employing these methods are still imperative to building your online marketing, that’s not where the real money is made. Products such as e-books, online courses, templates, etc., are cheap to make and scalable in nature.

Choosing A Niche

If your an expert in a certain field or have a valuable skill, think of ways that you can package your own DIY products or courses. Regardless of your field, there are always folks willing to pay for digital training guides.

For instance, Neil Patel chose the digital marketing industry. His expertise lies in marketing and he knows how to wield it well. Problem is it’s already saturated.

Take the time to do some research over several days/weeks. Pick a niche you are an expert in and/or you absolutely love.  Make sure you’re not competing with heavyweight marketers. Pick something that’s not as competitive! 

Identifying a Digital Product

When deciding on a product, make sure it actually provides a solution to a problem or satisfies a need. The best digital products offer solutions:

  • Ask people for ideas
  • Identify topics in demand (what products & e-courses are in high demand?)
  • Survey readers on your site, social media, craigslist
  • Research e-courses. Which ones are the most popular?

Use a keyword planner and analyzer like Jaaxy.  This is a big help in identifying specific keywords with high search activity and low competition. Finding these keywords is an opportunity to create products related to that keyword phrase.

Types of Digital Products

E-books – This year alone, 2018, ebooks will account for a quarter of global sales and generate a revenue of around $20 million USD. Digital readers like Kindle, have been a big driver in the e-book publishing market. It’s the easiest and quickest methods of getting your written work out there.

Online Courses

Forbes states that “E-learning is the future”. Online courses are wildly popular. People from all over the world are ready and willing to pay for them. Udemy and LinkedInLearning.com are great resources for online e-courses related to programming and online business. Global Industry analysts are predicting this industry grow to $325 Billion by 2025.

Games & Apps

Virtual reality industry is growing rapidly. By the end of 2017, Sony sold more than $500 million dollars worth of units. A growing number of employers are also utilizing VR for training purposes. Coca-cola, Home Depot and Walmart are just a few companies utilizing VR training.

Design Elements & Images

The internet has propelled the graphic design industry into $1.3 billion USD and growing. So it’s no surprise that professional designers make good money creating themes, wallpapers, logos, patterns and print materials online. Photographers are plenty and often utilize sites like Shutterstock and GettyImages to sell their photos.

Tips To Building A Digital Product

Creating a digital product takes a great deal of planning before you start. That’s especially true of e-courses! I use note cards to write down the main topics and what I want to cover in each. Then I can arrange them in a chronological way that takes my students from A to B to C, logically. This also helps me identify any areas that need more clarification.

Creating A Digital Product
  • Build something you can be proud of! 
  • Videos, audios and worksheet have more value than a PDF.
  • Create a membership portal for training sessions through email.
  • Lighten up and make it fun.
  • Make sure you are giving big-time value to justify those price points.
  • Offer limited-time bonuses.
  • Make sure you keep adding and improving your product over time.

Getting The Word Out

It doesn’t matter how great your product is if no one knows about it. 

For your existing email subscribers, introduce your new product as a “coming soon” notice. Over time, talk about a particular feature, giving them hints along the way. This is a great way to build anticipation for your product launch. A great book that lays this all out is Launched by Jeff Walker.

Set up a landing page on your existing website to start spreading the word. Use it to build your email list with new subscribers and anticipation for the product’s release. 

Once your landing page is all set, publish a series of blogs that are related to the topic and introduce the product as a solution to a problem each time.  Utilize marketing methods to push your content and product out. 

Online Business Certification E-course

Selling Your Digital Products

Basically, there are two ways to sell digital products. 

  1. Market Place – more customers and easier support.
  2. Direct to Consumers – More control and higher margins.

Choose An E-commerce System

Before selling direct to customers you need to choose a checkout and product delivery method. Nearly all e-commerce sites and plugins will offer you delivery options to choose from.

You can either set up checkout page directly through your own website using WordPress plugins such as Woocommerce and Paypal or you can add code to your site from Envato that will direct your customers to your accounts e-shop where they can complete the purchasing process. The most important thing is to make it super easy and quick for your customer to make a purchase!

The Price Is Right

You’ll also need to decide on a pricing structure. Look for similar products online, what can you offer your customers by comparison? What is the price range (high and low) for similar products? How can you compete? Price it too low, and you devalue all your hard work. Stick to the middle in your pricing.

Choose A Platform

One of the biggest and most popular tools used for marketplace sales is Envato but there are others as well. Do your research! The biggest advantage of selling through a marketplace is that the customers looking for your product are already there searching for products. You can tap into it and offer yours relatively easily.

Offer Up A Preview

Build excitement by launching a preview of your product. You can simply create a quick video overview, publish a series of blogs about the product, conduct webinars, etc.

Consider offering introductory discounts or something free that you can utilize as a magnet to build your own subscriber list. The free e-course below takes you by the hand and shows you how to set-up your own subscriber list system for your website.

In Conclusion

Crafting a digital product such as e-course is not for the faint of heart. It will require a great deal to research and careful planning. My suggestion is that you start with something small.

Utilizing these basic but impactful strategies to sell and promote your own digital products will boost your sales dramatically. Let us know if you are using any of these strategies, and how it has turned out for you. If you have some other successful strategies to share, please pass it on here in the comments section below.

8 Replies to “How To Earn Money Through Internet”

  1. The future is exciting and the internet is exploding. Thanks for sharing.

    I have recently installed the Woocommerce plugin. The interface looks great, but have trouble getting the images from Amazon to fit into frame on my products page. Have you experienced this situation before?

    1. I use Woocommerce as well. Took me a few days to get everything in place, so be patient. I believe that Amazon affiliate page does provide you with different image size options. You cauld always just take a screen shot of the image, then try to adjust the size that way then export it to a jpg when done. I use Photoshop for all my images but Canva is good too. Thanks for sharing.

  2. I’ve actually created several e-books and enjoy doing so. I’ve made some money on them already, but nothing for a full-time income….yet, anyway. Making my own courses and templates are next on my agenda and I can’t wait to get started on these projects. Well, in reality I’ve already done so and I’m in the process of designing an entire blog around them as well. 

    For those who are new to this, I will say that there are so many opportunities out there it’s crazy to think that most of us are still living in the cognitively dissonant world that the only way to earn an income is to sacrifice our dreams and ambitions for another individual or an entire company and work hard in a job where we’re underpaid that will replace us at will.

    There’s another way, and far more lucrative ways that yes, we can and will be proud of. 

    1. Well said! There’s little argument against the fact that the internet has opened up an endless treasure trove of opportunities and is still challenging our view of how to earn income, build careers and businesses. I think that the creative community has had the most benefit of all. Thanks so much for sharing! 

  3. Thanks for this great advise. When starting a business online sometime so much of the focus is dedicated to finding the best products to promote and then building a site all around that. Focusing on your area of expertise and creating and creating a useful digital product of your own is very exciting.

  4. Thanks Ann for the very informative article. I’m interested in taking you free course on email building so I’ve bookmarked your site to come back to in a couple of days. I’ll be back in touch….thanks for sharing.

  5. What a nice post you wrote! I really enjoyed reading it and I could not be silent about your post so I decided to leave my comment here and say Thank You! For sharing this quality post with others.
    Actually this is exactly the information that I was looking for information about affiliate marketing and when I landed on your website and read this post, it answered all my questions in details.
    So I’m happy that you decided to write about this topic and share it with people. It’s very useful and can definitely be used as a great source for everyone who is interested in this topic.
    I will come back to your website again for sure and I’m looking forward to reading your new posts.)

    Thanks!

    1. Thanks so much, Ali. I really love getting feedback, especially positive feedback. As I’m sure your aware, trying to find topics of interest and value is not always easy. Thanks for your encouragement. Come back again. 🙂

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