Are you ready to leave your 9 to 5 or just want to have a side hustle? The best way to make money online is to learn how to create and sell digital products. There are so many digital products that you can create easily and get ready to sell in no time.
If you are unfamiliar with digital products, a digital product is a product is something that can be created, placed online, and sold many times. Digital products are also referred to as online products or maybe even e-Products. Let’s look at a few of my top digital product picks.
An e-book is a book in digital format. E-books are great because they allow readers to gain quick access to information. It is easily downloaded (usually in PDF format) on to your computer. I like to create my e-books with Canva which is completely free. E-books tend to be rather long because they are similar to published books, so you can expect an e-book to be anywhere from 20 pages or more. For someone wanting to create a side hustle, an e-book is a great way to get your brand noticed, gain potential fans, and allow you to make some additional money.
Here are a few e-book examples:
How to Create a Profitable Blog in 30 Days
15 Tips to Gain 1000 Instagram Followers
7 Steps to Become More Productive within an 8-Hour Day
The average cost of an e-book can range from $0.99 to $97. How much you charge will depend on the content in your e-book and who the book was created for. The rule of thumb here is to know your audience and give great content.
2. Online Courses - Video and Audio
Developing an online video or audio course is another great way to gain more clients, get more visibility, and earn more money. When you are getting started and have little money to spend, you can create an online course using free or affordable software. You are the expert here, so own it! Just make sure that your course will be able to deliver the results you are claiming. A good course has actionable goals that your participants will benefit from.
You will also need to decide a good hosting platform. Your participants will need to be able to access your course on some type of membership site. There are many available, again, depending on your budget. Some popular ones are Teachable and Thinkific. Udemy is also a good host if you just want to get your course out there and you don’t mind having limited control of the price. And lastly you can have a web developer create a membership site on your own personal website like WordPress. When it comes to pricing your online course, it depends on the value you are giving.
Want help organizing your new online course? Download the 30 Day Online Course Roadmap.
Photography is one of the most fun and creative ways to make additional money as a side hustle or business. With the popularity of blogging, stock photos have entered into the digital playing field. Bloggers are seeking out colorful, eye catching photos to enhance their blogs and draw more fans. Companies like Shutterstock and Getty Images make millions of dollars from their photos.
To get started, all you need is your iPhone or Android, a hosting site where you can add your images for purchase, and a creative imagination.
Individually stock photos can range from $1 to $15 (or more). Most sites offer the option of a membership which allows the user to pay a monthly fee so that they have access to an entire collection of photos. The membership fees for ongoing access to stock photos have an even wider range. The key to success here is to do your research and remain competitive.
E-products are another way for creative minds to get involved in the digital product world. With the emergence of Etsy, a market place that allows crafters to sell their homemade products, many are able to flex their creative skills and make money from their passion.
If you have a creative knack for making your own original products like t-shirts, sculptures, and jewelry, you can create a side hustle. Having your own hosting site is the best way to avoid fees and other charges associated with having someone sell and ship your products for you.
To ensure a profit, the price of your products must remain competitive and absorb the cost that it takes to make it, host it and ship it.
Whatever you decide to sell, you are on your way to making money online!