\n\n\n\n
Q: How do you create a digital product?<\/strong><\/p>\n\n\n\n A: <\/strong>Creating a digital product is arguably much easier than creating a physical product. You don\u2019t need a factory or raw materials \u2013 you just need a great idea and a digital platform. Examples of digital products include eBooks, SaaS, online courses, subscription services, and many others.<\/p>\n\n\n\n The SaaS industry has gone through phenomenal growth over the past seven years, skyrocketing from about $30 billion to well over $170 billion<\/a>. <\/p>\n\n\n\n Saas \u2013 otherwise known as \u201cSoftware as a Service,\u201d is a solid example of a digital product. <\/p>\n\n\n\n Popular forms of SaaS include Dropbox, MailChimp, Gmail, and Slack. <\/p>\n\n\n\n You probably use SaaS and other digital products throughout the day without even fully realizing it. <\/p>\n\n\n\n But wait for a second\u2026<\/p>\n\n\n\n What are<\/em> digital products, anyway?<\/p>\n\n\n\n As an ever evolving entrepreneur, this is a question you\u2019re going to have to answer at some point \u2013 especially since digital products are proving to be some of the most profitable things that have ever existed.<\/p>\n\n\n\n But not all digital products are created equal, so you\u2019ll need to approach this new frontier carefully if you want to experience the same profitability as the major tech companies. <\/p>\n\n\n\n Here\u2019s how to take advantage of this opportunity:<\/p>\n\n\n\n <\/p>\n\n\n\n First, let\u2019s break down the question that is on everyone\u2019s minds:<\/p>\n\n\n\n What are digital products?<\/em><\/p>\n\n\n\n Digital products exist entirely in the virtual world. When someone buys a virtual product, they purchase something that exists entirely on their computer or smartphone. Often, this product is only accessible with an internet connection. <\/p>\n\n\n\n But why would anyone want to purchase a digital version of something when they could get a physical copy instead?<\/p>\n\n\n\n At the end of the day, it comes down to convenience. If you\u2019re asking yourself: \u201cWhat are digital products?\u201d, you need to back up and consider how much easier life has become with many of these products. <\/p>\n\n\n\n For example, a digital product allows you to get what you need with just a few clicks, while you\u2019d need to visit a store in your neighborhood to get a hold of a physical product. <\/p>\n\n\n\n Physical products can degrade or break over time, while digital products remain in the same state for the foreseeable future. <\/p>\n\n\n\n Digital products also perform roles that physical products cannot. For example, you cannot transport 1 million vinyl records and listen to them during your morning commute to work. However, you can <\/em>do this with a digital product like an MP3 album or Spotify. <\/p>\n\n\n\n With that said, digital products may compromise quality in exchange for additional convenience. A vinyl record might not be as portable as an MP3 album, but the sound quality is certainly higher. <\/p>\n\n\n\n The same products may exist both in digital and physical form. A novelist might write a book and publish both Kindle and paperback copies. <\/p>\n\n\n\n For the most part, however, digital products perform very specific roles on the internet that physical products cannot. <\/p>\n\n\n\n We\u2019ve given you a few examples already, but here are a few more:<\/p>\n\n\n\n When you consider the endless possibilities of the internet, it\u2019s clear that there are many other examples of digital products. This list would be endless if we listed every single possibility, and some digital products may have layers upon layers of internal marketplaces.<\/p>\n\n\n\n For example, many popular video games today have internal economies. Players may create and sell a range of items and services within this marketplace, such as cosmetic items and tutorials. <\/p>\n\n\n\n The game itself is a digital product \u2013 and players sell digital products within that ecosphere. This is just one example of how digital products can spiral inwards and create internal economies. <\/p>\n\n\n Instead of asking \u201cWhat are digital products?\u201d, perhaps the real<\/em> question you should be asking is \u201cWhy should I even sell digital products in the first place?\u201d<\/p>\n\n\n\n As it turns out, there are several notable benefits:<\/p>\n\n\n\n <\/p>\n\n\n\n If you\u2019ve been asking yourself: \u201cWhat are digital products?\u201d, you now have a solid idea of what this concept is all about. <\/p>\n\n\n\n Now there\u2019s only one question that remains:<\/p>\n\n\n\n How can your<\/em> business sell digital products?<\/p>\n\n\n\n First of all, think about what type of business you run. Some businesses are better suited to digital products than others. For example, if you run a software company and you\u2019re already selling physical copies of your software, you might find it very easy to transition to a SaaS business model.<\/p>\n\n\n\n Even though physical software might sound ancient, this is still a thing in the modern era. Vice<\/em><\/a> <\/em>reported that 33% of all software sales were made with physical copies. In 2022, Microsoft released physical copies of Windows 11<\/a>.<\/p>\n\n\n\n Other businesses may find it more difficult to transition to digital products. For example, a company whose entire business model is based around physical products may struggle to figure out how to take advantage of this opportunity. <\/p>\n\n\n\n Let\u2019s say you run a business<\/a> selling custom-made wooden furniture. Well, you can\u2019t exactly sell people virtual tables and cabinets, can you?<\/p>\n\n\n\n Unless you get creative and start selling NFT versions of your furniture, you\u2019re probably going to have to think outside the box to switch from physical to digital products. <\/p>\n\n\n\n This can be very difficult for some companies \u2013 but it\u2019s not impossible. <\/p>\n\n\n\n We know what you\u2019re thinking: \u201cWhat are some digital products in the real world?\u201d<\/p>\n\n\n\n You might decide to sell a PDF guide on how to build tables at home. At first, this might sound like a great way to throw away business. After all, who\u2019s going to buy your physical tables if everyone simply uses your online guide to build their own?<\/p>\n\n\n\n But the truth is that a digital product like an online tutorial can be much more profitable than a physical product-based business. Even though your simple PDF might only cost five dollars, it could become immensely popular among amateur carpenters.<\/p>\n\n\n\n Soon enough, you might sell a million of these PDFs \u2013 giving you $5 million in sales. This might be far more than you could ever hope to achieve with your furniture business \u2013 all because you spent a few hours creating a simple PDF guide. <\/p>\n\n\n\n Now let\u2019s take a real-world example:<\/p>\n\n\n\n During the pandemic, a company called Games Workshop<\/a> experienced a massive increase in popularity. This company sells small plastic miniatures that hobbyists assemble and paint. <\/p>\n\n\n\n With so many people turning to new hobbies during the lockdowns, Games Workshop stock rose dramatically. <\/p>\n\n\n\n The company then invested these profits into an entirely new venture:<\/p>\n\n\n\n An online subscription service<\/a>. <\/p>\n\n\n\n Customers who signed up for this service received free miniatures and vouchers for GW\u2019s online store. The service also included access to plenty of online products, including animations, virtual magazines, and tutorials. <\/p>\n\n\n\n While the service is still new, this illustrates that even businesses that are completely geared toward selling physical products can shift toward digital products with enough creativity. <\/p>\n\n\n\n Anyone can create digital products.<\/p>\n\n\n\n Just make sure that your new digital products match the theme, niche, and branding of your existing company.<\/p>\n\n\n\n Or why not create a completely new company geared toward digital products? The point is to get something<\/em> out there \u2013 because you never know how successful a digital product might become. <\/p>\n\n\n\n And with the minimal startup costs, you\u2019re not risking anything when you start selling electronic products. Even if your new venture falls flat on its face, it\u2019s not like you\u2019ll lose millions of dollars. <\/p>\n\n\n Now that we\u2019ve fully answered the question: \u201cWhat are digital products?\u201d, it\u2019s time to cover some actionable tips to make this new venture even more effective:<\/p>\n\n\n\n You\u2019re probably asking: \u201cWhat are digital products to sell?\u201d<\/em>. Well, you might want to figure out how<\/em> you\u2019re going to sell these products. <\/p>\n\n\n\n Because you\u2019re saving so much money with digital products, you can invest more heavily in marketing. <\/p>\n\n\n\n Even though digital products might not cost as much to produce as physical products, you still need to market them effectively and attract plenty of online leads.<\/p>\n\n\n\n The good news is that you can take all the money you would have spent on manufacturing, shipping, and storage, and spend that money on high-performance marketing strategies. <\/p>\n\n\n\n Perhaps the most obvious strategy is to simply use an existing platform to market and sell your digital products. <\/p>\n\n\n\n A clear example of one of these platforms is Amazon\u2019s Kindle, which hosts countless eBooks from a variety of authors. <\/p>\n\n\n\n You might also be asking yourself: \u201cWhat are digital products on Etsy?\u201d <\/strong><\/p>\n\n\n\n Yes, that\u2019s right \u2013 Etsy sells a surprising amount of digital products \u2013 although it has a reputation for selling handcrafted goods. <\/p>\n\n\n\n Using existing marketplaces is a concept you might want to check out if you\u2019re selling digital products. <\/p>\n\n\n\n If your existing business is gearing up to sell digital products for the first time, don\u2019t be afraid to build up some hype. Let your current customers know that you\u2019re launching an entirely digital service, and be sure to spread the message on social media.<\/p>\n\n\n\n Don\u2019t underestimate the power of landing pages and sales pages. Instead of keeping your digital products tucked away on an obscure corner of your website, consider creating an entirely different page for your new digital products venture. <\/p>\n\n\n\n <\/p>\n\n\n\n So what are digital products really<\/em> about?<\/p>\n\n\n\n In many ways, they represent your ticket to a more flexible, independent work-life balance. <\/p>\n\n\n\n Selling digital products becomes much easier when you adopt a more flexible work style. For example, working remotely eliminates the need for a daily commute, allowing you to spend a few more minutes or hours developing your digital products. <\/p>\n\n\n\n You might also choose to take advantage of a Virtual Office<\/a> with a virtual address, allowing you to choose a business address <\/a>that meshes with your niche perfectly. <\/p>\n\n\n\n For example, you might choose to live in Puerto Rico and enjoy plenty of sunshine all year round while you sell your products. But if you want to cultivate a sense of trustworthiness in your company, you probably want to register your business somewhere like New York or Los Angeles. <\/p>\n\n\n\n With a Virtual Office<\/a>, you can register your business in one state and live in an entirely different location. This allows you to fully enjoy the flexibility offered by selling digital products while maintaining professionalism and prestige. <\/p>\n\n\n\n Even if you wish to constantly travel the globe as you sell your digital products, you can easily receive business-related mail with a mail-forwarding service. <\/p>\n\n\n\n The best providers of Virtual Offices<\/a> offer these mail-forwarding services. You can either have your mail sent directly to your current location or you can pick it up when you return from your working vacation.\u00a0<\/p>\n\n\n\n Either way, a remote lifestyle is perfectly suited to a business focused on selling digital products. <\/p>\n\n\n\n Check out Alliance Virtual Offices<\/a> if you\u2019d like to explore your options for Virtual Offices<\/a> in greater depth. As one of the most reputable service providers in the industry, Alliance offers virtual addresses in almost every major US city imaginable. <\/p>\n\n\n\n Even better, Alliance offers flexible physical office space if you ever need to book a conference room<\/a> for a meeting with employees, clients, or investors. <\/p>\n\n\n\n This can also serve as an excellent meeting place for your team as you plan out your next move, celebrate your recent success, or hire new employees with face-to-face interviews. <\/p>\n\n\n\n <\/p>\n\n\n\n What are digital products? <\/p>\n\n\n\n Anything you want them to be<\/em>.<\/p>\n\n\n\n One of the best things about digital products is that they are extremely varied and versatile. People are constantly coming up with new ideas for digital products, pushing this market further and further each day. <\/p>\n\n\n\n The best digital products result from simple but innovative ideas. If you\u2019re planning on selling digital products, one of the most important ingredients is creativity.<\/p>\n\n\n\n Sometimes, it just doesn\u2019t make sense to follow the crowd. Don\u2019t be afraid to dance to the beat of your drum and sell a digital product that no one has even considered before. <\/p>\n\n\n\n Further Reading:<\/strong><\/p>\n\n\n\n Alliance Virtual Offices<\/a> is here to support you as you transition to digital products with a range of effective online resources. With digital products and Alliance Virtual Offices\u2019 high-quality services, flexibility has never been easier to achieve. Check out Alliance\u2019s services today. <\/a><\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" What are digital products? Find out how you can make the switch and push your business even further with low-cost, high-profit digital products. 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What are digital products? Find out how you can make the switch and push your business even further with low-cost, high-profit digital products. <\/p>\n","category_list_v2":"Small Business<\/a>","author_info_v2":{"name":"Elliot Figueira","url":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/author\/elliot-figueiraalliancevirtualoffices-com\/"},"comments_num_v2":"0 comments","author_meta":{"display_name":"Elliot Figueira","author_link":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/author\/elliot-figueiraalliancevirtualoffices-com\/"},"featured_img":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-content\/uploads\/2022\/12\/00-featured-what-are-digital-products-your-guide-to-creating-and-selling-300x73.png","coauthors":[],"tax_additional":{"categories":{"linked":["Small Business<\/a>"],"unlinked":["Small Business<\/span>"]},"tags":{"linked":["electronic products<\/a>","online products<\/a>","what are digital media products<\/a>","what are digital products<\/a>","what are digital products on amazon<\/a>","what are digital products on Etsy<\/a>","what are digital products to sell<\/a>","what are some digital products<\/a>"],"unlinked":["electronic products<\/span>","online products<\/span>","what are digital media products<\/span>","what are digital products<\/span>","what are digital products on amazon<\/span>","what are digital products on Etsy<\/span>","what are digital products to sell<\/span>","what are some digital products<\/span>"]}},"comment_count":"0","relative_dates":{"created":"Posted 4 years ago","modified":"Updated 1 year ago"},"absolute_dates":{"created":"Posted on January 16, 2023","modified":"Updated on May 2, 2025"},"absolute_dates_time":{"created":"Posted on January 16, 2023 8:13 am","modified":"Updated on May 2, 2025 1:33 am"},"featured_img_caption":"","series_order":"","_links":{"self":[{"href":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-json\/wp\/v2\/posts\/25216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-json\/wp\/v2\/comments?post=25216"}],"version-history":[{"count":0,"href":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-json\/wp\/v2\/posts\/25216\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-json\/wp\/v2\/media\/25233"}],"wp:attachment":[{"href":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-json\/wp\/v2\/media?parent=25216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-json\/wp\/v2\/categories?post=25216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-json\/wp\/v2\/tags?post=25216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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<\/a><\/figure>\n<\/div>\n\n\nWhat are digital products?<\/h2>\n\n\n\n
What are some examples of digital products?<\/strong><\/h3>\n\n\n\n
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![\"\"](\"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-content\/uploads\/2022\/12\/05-infographic-the-biggest-benefits-of-selling-digital-products-1.png\")
<\/a><\/figure>\n<\/div>\n\n\nBenefits of selling digital products<\/strong><\/h3>\n\n\n\n
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<\/a><\/figure>\n<\/div>\n\n\nCan your business sell digital products?<\/h2>\n\n\n\n
Here are a few examples:<\/strong><\/h3>\n\n\n\n
![\"\"](\"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-content\/uploads\/2022\/12\/06-infographic-how-to-make-your-digital-products-more-effective-1.png\")
<\/a><\/figure>\n<\/div>\n\n\nHow to make your digital products more effective<\/strong><\/h3>\n\n\n\n
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Marketing your digital products<\/strong><\/h3>\n\n\n\n
\u201cWhat are digital products on Amazon?\u201d <\/strong><\/h3>\n\n\n\n
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<\/a><\/figure>\n<\/div>\n\n\nHow a flexible workstyle supports digital product sales<\/h2>\n\n\n\n
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<\/a><\/figure>\n<\/div>\n\n\nWhat are digital products? Anything you want them to be<\/em><\/h2>\n\n\n\n
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