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10 Compelling Reasons Why You Should Start Selling Digital Products Online
Digital products have the advantage of global accessibility. With an online business, you can reach customers worldwide without geographical limitations
I’ve built a six-figure business selling digital products on Etsy and I can’t stress this enough! Digital products can change your life, that’s if you do it right.
According to a poll by Marist, 69% of Americans shop online, and this is only a small segment of the global reach of online businesses.
“There are approximately 5.6 billion Google searches per day. That’s 63,000 searches every second and 2 trillion global searches per year.”
The online market is huge and it’s a logical step to provide downloadable products that anyone with an Internet connection can access.
If you’re not creating and selling digital products, you’re missing out on huge profits. Here, I’ll explain why it’s smart to set up a digital products business in 2023 and beyond.
1. Growing Demand for Digital Products:
The demand for digital products is on the rise. From e-books and online courses to software, graphic design assets, and digital templates, consumers are increasingly seeking convenient and accessible digital solutions. By entering the market now, you can capitalize on this growing demand and establish a foothold in a thriving industry.
For example, a report by JP Morgan, revealed that over $54 billion is spent on digital products every year. The digital products market will most likely expand to more than $74 billion by 2025.
Even if you earned an extra $1000 a month from selling digital products, this could potentially provide long-term passive income.
