Profitable Digital Product Ideas for Sale

Sep 29, 2024

Digital Product Ideas for Sale

Today’s lecture discusses six digital product ideas that can be created and sold online, each offering significant earning potential.

Overview

  • Products can earn anywhere from a few thousand to tens of thousands of dollars monthly.
  • Includes both proven products and new variations successful in the last 6-12 months.
  • Discussion includes product details, potential earnings, and creation methods.

Idea 1: Portfolio Templates

  • Description: Digital download portfolios aimed at interior designers and architects.
  • Selling Platform: Primarily Etsy, but can also be sold on Shopify and TikTok.
  • Earnings: Bestseller priced at $50, over 2,200 sales resulting in $130,000 in total earnings (approx. $14,000/month).
  • Difficulty: 6/10
  • Profitability: 8/10
  • Competition: 9/10
  • Total Score: 23/30
  • Recommendation: Explore creating templates for various professions using AI tools for content and visuals.

Idea 2: Social Media Templates

  • Description: Branded post templates for social media to enhance content and engagement.
  • Earnings: Example product made over $164,000 in sales in 11 months (approx. $15,000/month).
  • Creation: Can be made in Canva, leveraging AI for content suggestions.
  • Difficulty: 6/10
  • Profitability: 7/10
  • Competition: 9/10
  • Total Score: 22/30
  • Target Market: Niche down to specific industries like salons, photographers, etc.

Idea 3: Mock-ups

  • Description: Images showcasing products that don't yet exist or cannot be photographed.
  • Earnings: Average sales of $2 each, resulting in over $118,000 in profit in 10 months (approx. $11,000/month).
  • AI Use: AI-generated mock-ups can yield quality results without extensive design skills.
  • Difficulty: 10/10 (very easy to create)
  • Profitability: 7/10
  • Competition: 6/10
  • Total Score: 23/30

Idea 4: Selling Digital Art

  • Description: Selling AI-generated artwork and designs.
  • Earnings: Average sales around $6 each, leading to over $85,000 in total sales.
  • Difficulty: 8/10
  • Profitability: 7/10
  • Competition: 6/10
  • Total Score: 23/30

Idea 5: Planning Tools

  • Description: Digital planners and spreadsheets for organization and budgeting.
  • Earnings: Notable examples have grossed over $776,000, netting $29,000/month with 28,000 sales.
  • Difficulty: 6/10
  • Profitability: 8/10
  • Competition: 7/10
  • Total Score: 21/30

Idea 6: Portrait Recreations

  • Description: Digital recreation of portraits based on submitted photos.
  • Earnings: Potential earnings over $100,000 for a digital download priced at $5, plus options for higher-priced prints.
  • Difficulty: 7/10
  • Profitability: 9/10
  • Competition: 9/10
  • Total Score: 25/30
  • Creation Method: Utilize Photoshop actions to transform images into artwork efficiently.

Conclusion

  • Each product has potential for significant profit.

  • Many of these ideas can be executed with the help of AI tools, making them accessible even for those without specialized skills.

  • Success requires creativity, niche targeting, and persistence in improving product offerings.

  • For more technical insights on running an Etsy dropshipping business, further resources are available.