Why Launch a Digital Product?
Before we get into the nitty gritty of how to go about creating and launching digital products, let’s first take a look at why you should be doing this in the first place. What’s so great about a digital product anyway?
The obvious answer is that a digital product is something you can sell with zero overheads. It will take a little time and perhaps some up-front investment in order to actually create your product but from there you’ll then be able to generate income without having to reinvest anything. Unlike selling physical products, there’s no need to invest in inventory and stock or in manufacturing and material costs.
You don’t even pay for delivery! Apart from a couple of fees (such as PayPal fees), the money you generate from digital products is almost 100% profit. And what this also means is that when you don’t sell anything, it doesn’t cost you anything.
There’s zero risk here. In the best case scenario you will earn huge amounts of money while you sleep and potentially be able to quit your day job and buy that yacht. In the worst case scenario, you’ll occasionally get the odd $50 that you can spend on a nice meal without feeling guilty.
Furthermore, because there’s no risk and no cost involved in building digital products, there’s no reason that you can’t build 50 of them. This then completely removes the ‘luck’ aspect and means that as long as you have the time to invest, you can pretty much guarantee that you’re going to succeed. Is your ebook or app only selling a copy every week? Fine – then make seven and you now have at least one sale each week. Chances are though that with seven ebooks, one of them will be a big hit…
What’s more, once your books are on JVZoo, you’ll have thousands of people trying to help you sell them. This is a huge advantage and means you aren’t even putting in the work yourself in order to do the marketing. Even that is auto generated!
Hopefully you’re now starting to see what an amazing opportunity this really is and how perfect a business model too. This is an amazing opportunity and really it’s right there for the taking. The only reason that more people aren’t taking advantage is either that they don’t know about it or they don’t realize how hard it really is to fail.