Digital Content is Perfect for Passive Income

Selling digital content is an ideal passive income stream. The reason is, once you've written, designed, photographed, recorded, or otherwise created your content, it's there for good and you can sell as many copies as you like. Unlike selling physical tangible objects, you have infinite stock and so long as someone wants to buy your item, they are able to.

Some examples of digital content are: eBooks, audiobooks, music albums, photographs, computer programs, smartphone apps... The list goes on. Think about what you're good at or what you enjoy doing, and try to think about what sort of digital content fits into that category. Are you a crafty person? Think about instruction manuals or patterns. For instance, I like to knit - so I sell knitting patterns for items I've designed.

If you can set up a shop front, and an automatic delivery system, you're all set. You don't really have to do anything else, and with some luck your sales will start rolling in.

But of course, you need an audience, and you need people to want to buy your product. So, you need a quality product, first and foremost. It needs to be original, interesting, or helpful - and for god's sake, don't copy someone else's work! Don't just slap something on a page, either. It may take quite some time to produce quality digital content, but once you've created it, it will always be there for you to sell. You never have to worry about taking inventory or restocking!

You may also want to do some promotion for your digital content. If you already have a blog or website readership, you already have a potential audience for your product -- so long as it's relevant. Well-placed links on your webpage layout could lead to some sales from people who were visiting your website anyway. If you've got a large web audience already, this may be all you need to do to generate enough sales for passive income.

Otherwise, you might need to expand beyond your own site. Check out websites that sell your particular flavor of digital content - be it eBooks, mp3 albums, craft patterns, whatever. These will expose your content to a much wider audience, usually for a small cut of your sales. If your content is well-presented and high-quality, it has the potential to sell well on outside websites.

Related Posts by Categories