This Is How You Can Make Money Online From Digital Downloads
This Is How You Can Make Money Online From Digital Downloads
Selling digital products is one of the great things of Marketing Online. Without having to physically create, store and ship tangible goods, you are free from all those costs and deal strictly in information products and other virtual items, which can significantly increase your profits.
You, as a product owner, decide how much you are going to charge for your digital downloads. And when you act as an affiliate, you seek out products that have a good commission to promote. Both options are great for making money on the internet, without the need to maintain a warehouse full of stuff.
Digital downloads usually have a much better payout than tangible goods. Of course, if you're promoting a high-ticket tangible item, you might make more but it could be harder to sell, too.
You may be asking, what is digital download? Well, it is a text, audio, or video file that buyers can download instantly onto their hard drive and access immediately. That is so convenient since, rather than waiting until tomorrow afternoon to run to the local bookstore, they can conveniently log in at 3 o'clock in the morning when they can't sleep and download an ebook on the topic they want.
Imagine a physical book that costs $12.95 in a local bookstore can sell for $27 and up on the internet as a digital download. As an affiliate, your commission will be probably half of that, at least, but even though you might make less, you also don't have to do any of the creation, selling, delivery or customer support, either.
If you promote a tangible book on Anazon that costs $14.95, and get 7% of that, you are only earning a little over a dollar. But a $47 digital download, for example for an ebook about the same topic can easily offer you 50% commission, giving you more than $20 per sale!
So, it is obvious which one pays better. As a product owner, you can create ebooks to compete with tangibles. You will charge a lot more, but you'll be able to pay your affiliates a lot for their efforts, too.
If you prefer a different type of product creation for your digital download, because you are not a writer, you can choose to create a series of MP3 files audio tutorials that teach your topic to a paying audience. The public loves information they can digest on the go using their portable audio player, smart phone, or other electronic gadget.
You also can use a screen-capture tool like Camtasia and create videos as your main products. Many people actually prefer to watch a lesson, rather than read it. With both audio and digital downloads, your price point can be much higher than what text-based infoproducts can bring in.
Combine all three media elements and you can be poised to market a high-ticket digital download that takes in hundreds or even thousands of dollars for a single sale something affiliate marketers will jump all over.
G Calvo
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