Have you been dreaming of starting your own digital product business and earning a consistent passive income? Well you can totally get there, even starting from zero. Trust me!
In this post, I’ll share how I went from $0 to consistently making $10K+ a month selling digital products – and how you can do the same step-by-step! Let’s make money moves together.
Choose a Profitable Niche
The very first step is selecting the right niche and products to sell. You want to focus on an area with proven sales potential that you’re personally knowledgeable and passionate about.
Research current trends, competitor products, potential customer pain points, and market demand for different niches before choosing one to dive into. Some fan fave options include: biz/marketing, cooking/recipes, crafts, personal development, health/fitness, lifestyle, photography, spirituality.
Once you’ve selected your broad category, drill down even further to a specific audience and offerings. Let your own interests and skills guide you. Having expertise makes product creation a breeze!
Learn Digital Product Creation
While you certainly can outsource some or all of your digital product creation later on, I recommend initially learning the skills yourself to save money and fine-tune your offering.
Invest time experimenting with formats like:
– Ebooks, guides, checklists
– Online courses and video tutorials
– Prints, templates, planners, journals
– Meal plans, recipe collections
– Stock media bundles
– Software, apps, tools
– Membership communities, coaching
Use free or low-cost tools like Canva, PicMonkey, WordPress or Wix to start building products on a budget. Focus on solving problems and delivering insane value first. Production quality can come later!
Set Up Your Online Store
Once you have some stellar digital products ready, it’s go time for the fun stuff – setting up your own online store!
Choose a platform like Wix, Weebly, WordPress or Squarespace to create your website. Pick a clean, uncluttered design that displays your products nicely.
Make sure to include essential ecommerce features like integrated payment processing, automatic tax calculations, a shopping cart, security, and the ability to expand your catalogue over time.
Drive Traffic and Sales
Boom! Your store is ready to make sales online 24/7/365. Now it’s time for the hustle of driving traffic through smart marketing:
– Blog consistently with SEO optimised posts
– Promote on social media – both free and paid ads
– Run sales, deals + coupon codes
– Collaborate with influencers in your niche
– Start an email list, share promos and value
– Pitch to relevant blogs, podcasts, media outlets
– Create promo and review content (videos, tutorials, demos, case studies)
– Retarget visitors with customised ads
– Expand to selling on additional platforms like Etsy
It takes consistent time and effort, but stick with it and momentum will build. Before you know it, you’ll have a steady stream of sales and GROWING 5-figure monthly income! #bossbabe
Reinvest Profits Back In Your Biz
This is a key step that took my income to the next level – reinvesting profits back into your business!
Use income to improve and expand your digital products, invest in better website design, hire team members to assist with creation and marketing, and boost advertising spend.
The more you scale up, the faster you will compound your growth. Just keep dreaming bigger!
You’ve Totally Got This!
I hope this overview showed you that you genuinely can start a thriving digital product business from zero, regardless of experience level or budget. Any mi amor can do the dang thing with consistent effort over time!
Just stay focused on serving your audience, overdelivering value, and reinvesting back into your biz as it grows. Take it step by step. Stay determined. You’ve so got this!