What’s the best digital product to sell with the best conversion rate and profit margin
What’s the best digital product to sell with the best conversion rate and profit margin
When considering digital products to sell, it’s essential to balance both conversion rate and profit margins. Here are some lucrative options:
Online Courses:
- Difficulty: Moderately difficult
- Earning Potential: High
- Notes: Depends on the niche; average earnings of $60,200/year on Udemy and $1,200/month on Thinkific1.
Ebooks:
- Difficulty: Variable
- Earning Potential: Good
- Notes: Popular on platforms like Amazon Kindle; potential earnings of over $1000/month1.
Printables:
- Difficulty: Easy
- Earning Potential: Good
- Notes: Includes calendars, planners, and worksheets; earnings vary by niche (typically $100-$1000/week)1.
Membership Sites:
- Difficulty: Moderately difficult
- Earning Potential: High (Steady income)
- Notes: Offers exclusive content; average membership fee is $25-$49/month; established sites earn $200-$5000/month1.
Stock Photos and Videos:
- Difficulty: Medium
- Earning Potential: High (Consistent demand)
- Notes: Earn from $0.02 to $0.25 per image per month; royalty-free sales range from $0.10 to $99.50/month1.
Software and Apps:
- Difficulty: Challenging
- Earning Potential: Very High
- Notes: Requires technical skills; lucrative in niche markets but no guarantees of success1.
Digital Templates:
- Difficulty: Moderately easy
- Earning Potential: Good
- Notes: Includes email templates, logos, business cards, and WordPress themes; priced from $5 to $2001.
AI Prompts:
- Difficulty: Medium
- Earning Potential: Promising (Varies widely)
- Notes: Profit potential depends on the specific application1.
Remember, choose a product that aligns with your skills and interests!
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