What are Digital Products.
Digital products are intangible goods that exist in digital format. They can be delivered to people via download, email, or streaming. Unlike physical products, digital products do not require inventory or shipping, making them a low-cost and scalable way to produce, sell or give away products online.
Types of digital products include:
- Ebooks, audiobooks & Digital Flipbooks: These can be digital versions of traditional physical books, but more and more they only exist in digital format. They can be read and listened to on a variety of devices, including computers, smartphones, and tablets. AI-Powered Writing and AI-powered graphic design can help you with writing and publishing them.
- Software and apps: These are programs that allow users to perform specific tasks on their computers or mobile devices.
- Business templates: These are ready-made files that users can customize to fit your needs and of your customers. For example, there are templates for presentations, documents, social media posts, business plans and for ChatGPT, Google Gemini and even producing NFTs.
- Graphics and digital art: These include images, illustrations, and photographs. They can be generated with AI-art prompting and used for a variety of purposes, such as website design, marketing materials, and social media posts.
- Music and audio: This includes music tracks, sound effects, and podcasts. It can be used to create background music for websites, videos, and presentations.
- Online courses and video tutorials: These are educational materials that help people to learn new skills or concepts. They can be delivered online as you can learn in The Online Course School, in person, or in a hybrid format.
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- Memberships and subscriptions: These provide users with access to exclusive content or services. For example, there are memberships for online courses, fitness programs, and news websites.
- Licenses to use digital assets: These allow users to use digital assets, such as images, music, and software, for commercial or personal use.
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Benefits of selling digital products:
- Low cost and scalability: Digital products do not require inventory or shipping, so they are a low-cost way to start, grow and scale a business. They can also be scaled easily to meet demand.
- Global reach: Digital products can be sold to clients all over the world in different formats and different languages. This can help different types of companies and non-profit organzatons to expand their reach and grow their customer base.
- Passive income: Once a digital product is created, it can be sold repeatedly with minimal effort. This can create a stream of passive income for the creator.
- High margins: Digital products can have high profit margins. This is because there are no costs associated with manufacturing or shipping.
Digital products are a great way to start, grow and scale your onlin business or add another revenue stream to your existing business model or new revenue streams for your new AI-Powered business model. They are low-cost, scalable, and can be sold to a global, regional and local audience n different languages. And that is why I started to write and sell short management eBooks and simple software succesfully in 2011 as side-hustle next to my dayjob at ABN Amro, See here.
After the democratization of AI in 2022, AI-powered writing and AI-powered graphic design have increased the production and sales of digital products online by online entrepreneurs in the online gig economy.
Incompany & In-House.
Virtual classes and virtual workshops on digital product creation including with AI in what we call ‘The Digital Product School’ can also be organized virtually incompany and in house for your organisation, team or department in combination with any other online course including online courses from The Online Course School, the modular ‘Leaving The Corporate Rat Race’ virtual program or any other course. The number of participants is basically unlimited. This makes it a very cost effective solution for any company as the number of participants is basically unlimited. All virtual events can also be organised in Dutch.
Reach out.
If you want your employees to follow virtual events on creating digital products using AI-powered writing or AI-Powered graphic design for your covers and ecovers including digital products like different types of short ebooks and business templates for instance with your global, regional teams, department or company or virtual team, contact us here today and we wil contact you for a free intake call and a quote for an unlimited number of people:
