Digital products are extremely popular. They're easy to create and share, and they're also a great way to build a business.
Digital products can be software-based, like an app or game, or they can be information-based, like an ebook or course. They can also be something else entirely—like a membership site or a community. The possibilities are endless!
So what makes digital products such a great way to build a business? Well, first of all, they're very easy to create. You don't even have to hire anyone else to do it for you; you can do it yourself! And because there's no risk of having inventory sitting around in your garage, digital products can be sold directly from your website without ever having to worry about moving inventory.
Here are some real life success stories of starting a sell digital products:
1. Money Hacking Mama ($120K/year)
Creating assets you can sell over and over again -- that’s the passive income dream, right? This is exactly what Rachel Jones at MoneyHackingMama.com has done by creating and selling downloadable printables on Etsy. This year she’s averaging over $10,000 a month in sales, all while balancing a ful…
Rachel Jones (from ) started Money Hacking Mama almost 5 years ago.
Building assets you can sell over and over again -- that’s the passive income dream, right?
Rachel Jones at MoneyHackingMama.com is making this dream a reality by creating and selling downloadable printables on Etsy.
Apart from selling on Etsy, Rachel also sells courses to help women achieve success and happiness in their personal & professional lives.
You can read her full story plus listen to her podcast on sidehustlenation.com ➜
2. Contrarian Thinking ($72K/year)
Codie Sanchez (from Austin, TX, USA) started Contrarian Thinking about 3 years ago.
I’m Codie Sanchez, and I am the Founder and owner of Contrarian Thinking. Our mission is to free minds and build the bank accounts of our readers. Specifically, we strive to help one million people become financially, philosophically, and physically free.
We currently have over 100,000+ newsletter subscribers and a community of over 1.5 million people across our social media platforms with a run rate of $3m this year.
3. Gumroad ($4.2M/year)
Sahil Lavingia (@shl) and Justin Jackson (@mijustin) join Courtland (@csallen) and Channing (@ChanningAllen) for a special debate-style episode. It's four dudes talking about Elon Musk. What could go wrong?
Sahil Francisco (from San Francisco, CA, USA) started Gumroad almost 12 years ago.
- Gumroad was started by Sahil Lavingia in 2011. This platform is used by writers, designers, game developers, musicians, artists, and filmmakers to monetize their works.
- The main purpose of Gumroad is to provide digital content creators with an incredibly straightforward e-commerce tool so they can profit from their creative efforts.
- The company is generating $350K in monthly revenue and assisting creators to earn over $5M/month.
- The Gumroad website has approximately 5.31M visitors per month.
- Lavingia asserts that he receives about 30% of the gross revenue.
Listen to the full podcast on indiehackers.com ➜
Hey! 👋 I'm Pat Walls, the founder of Starter Story.
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