Purpose now email book
Purpose now email book

Watch Now

No hoops to jump through—you’ll immediately get access to the entire masterclass for free.

By signing up you’re opting in to emails from us about the free masterclass, the podcast, and other helpful guides and goodies. You can unsubscribe at any time.

You’re in!

👇👇👇

Go to the Masterclass

The link is also in your inbox

Something went wrong!

Please, try again later.

Monetization

How to Make Money Selling Digital Products (+45 Digital Products to Sell)

If you’re looking at building a digital product business, let us show you the ropes.

By Mighty Team

April 9, 2024

34 min read

IN THIS ARTICLE

    SHARE

    If you’ve ever been interested in online entrepreneurship, you’ve probably thought of digital products. Unlike physical products, digital products can be easy to create, maintain, and sell – and offer a ton of advantages when creating a business.


    In this post, we’re going to give you some real, proven strategies for how to make money selling digital products and share 45 digital product ideas.


    If you want more support in building your online community, come join OUR Mighty Community for free and meet other new and established community owners! We’d love to meet you. Join for free!





    ((toc))


    What are digital products?


    Digital products are virtual assets, items, or experiences that are sold and distributed online. They don’t require physical manufacturing, and instead are developed either directly by programming or else through using existing software and adding your own intellectual property.


    MN - Graphics - 2024 OE-Course-preview


    5 advantages of digital products



    • Low overhead: Unlike a physical product, which needs manufacturing and shipping, virtual products are often cheaper to produce and sell. For example, a physical book needs printing, binding, and shipping. An ebook doesn't.

    • Scalable: Digital products are often more scalable than physical ones. If you create and sell an online course, you can sell it to 50 or 5,000 people.

    • Easy to build: Early digital products were time-consuming and often required a lot of custom development. But we’re living in an age of white-label and premade platforms that offer you a ton of ready-made options for building products.

    • No shipping: Digital products don’t require shipping. Fulfillment is done online.

    • Easy discounts: If you offer a discount on physical products, there’s a chance you’re cutting into your bottom line – your profits. When you offer a discount on a digital product, you’re usually just going to sell more of something that won’t cost you any extra to make anyway.


    Mighty Networks - Graphics - Optimistic - Payments


    Start Your Free Trial


    Examples of digital products



    • Online Courses

    • Memberships

    • Virtual Events

    • eBooks

    • Printables

    • Audiobooks

    • Website Themes

    • Apps

    • Plugins

    • Music & Movies

    • PDFs


    How to make money selling digital products


    With this guide, we want to give you a realistic roadmap for how to make money selling digital products and monetize your content. These are the steps that have worked for lots of our Mighty Hosts, many of which have built thriving 6- and 7-figure businesses!


    Step 1: Figure out your ideal user


    One of the first – and most important – steps to creating a digital product is to figure out who it's for.


    Resist the urge to try to throw together a product that is aimed at everybody. The old saying is, "there's riches in niches." And it's still true.


    The more specific you can be about who your product is for, the more likely you will be to sell it.


    For example, one of the processes we like to think about for selling courses and memberships is coming up with what we call an Ideal Member.


    To find your ideal student, user, customer, or member, you can ask a couple of questions:



    • Who are the people who most need what you have?

    • What does your digital product do for them?

    • What are the struggles, pains, questions, or dreams you can help them with?

    • What type of people are they? (demographics)

    • How much are they willing to pay for a solution?


    One of the best ways to find your Ideal Member is to go out and interview some people who might be a fit for your digital product. Talk to 15-20 people and find out the answers to the questions above.


    Step 2. Identify the type of product they need


    Once you know who your digital product is for, you can decide what type of product to build. Look at the needs that they have. Your product should help them meet these needs in a way that fits their life.


    Think about the transformation you're offering too. If you are trying to teach somebody how to live a more active lifestyle, a 20-minute webinar probably isn't what you need. Building a membership community, on the other hand, will give your members long-term value, help, and accountability.


    Choose the product you'll need to get people results.


    Step 3. Figure out your creative style


    The product you're creating should also fit your own style. What are you good at doing? What are your particular gifts?



    • If you're a gifted speaker, a webinar might be best.

    • If you are a gifted coach, maybe you should be working one-on-one with people.

    • If you're great at coding, maybe you should build an app or tool.


    Identify your unique skills and abilities to help people solve the problem, and choose something that fits what you're good at.


    We’ve organized the list below according to skills and abilities, so it should be easy to find something that fits!


    MN - Graphics - 2024 - BS-Join


    Step 4. Choose a profitable business model


    Ok, so here’s the trick to make money selling digital products.


    You need to choose a profitable business model or monetization model. There’s no one model that works, but thinking through some things at the outset will increase your chances of making money as you start a digital business.



    • Price what it's worth: Pricing can always be a bit scary, especially for a first-time entrepreneur. Most first-timers are tempted to charge too little. But this means you don't earn enough to be profitable. ALSO, we’ve learned from pricing online communities and courses that charging more helps your members succeed. It’s easy to forget about a course you paid $12 for. You need people to have skin in the game.

    • Keep your overhead low: It's easy to get caught up in the coolest marketing tools, nifty customizations, fancy cameras, or the highest-end builders. But if you can keep your costs low at first, you’ll increase profitability and prove the model. You can always spend on more tech goodies as you grow.

    • Recurring revenue: While it's not always possible, if you can create a product that brings you recurring revenue you are well on your way to a profitable business model. Products that require payments again and again (e.g. a membership) can be really lucrative.

    • Pre-sell: A lot of people will say, ”That’s a great idea for a product!” But that doesn’t mean they’ll fork over the cash to pay for it. One great way to make sure your digital course will be profitable is to pre-sell it before you launch it. If people are willing to pay upfront, you know you’ve got the revenue locked in!


    Step 5. Choose your tech


    There’s always going to be some tech and/or tools involved in creating and delivering a digital product, such as the equipment you’ll need to build an online course. We won’t get into all the many choices and details here, but we’ll link to some other articles below to give you some ideas.


    And if you want to try our awesome community, course, and events platform, check it out!


    Start Your Free Trial


    Step 6. Build & launch your digital product


    The next step is to build your digital product on the platform of your choice!


    Start Your Free Trial


    45 Digital products to sell


    There are a TON of ideas here, and no way you could do all of these. So as you think about making money selling digital products, use this guide as a tool to help you brainstorm.


    We’ve tried to organize it by skill, so feel free to jump around using the table of contents to find the ideas that fit what you’re good at!


    Digital products to sell for community-builders


    1. Community



    • Difficulty: Easy

    • Skills Needed: Hosting & Posting

    • Status: Growing

    • Revenue Type: Recurring

    • Revenue Potential: High


    Online communities are pretty much the perfect digital product. They check all the boxes for a great community business model.


    Mighty Networks - Graphics - 2024 - Livestreaming GIF


    If you want an example of an amazing community business, you should check out Ashley Fox’s story. Ashley left her “dream job” on Wall Street and decided to devote her life to helping the other 99% build wealth. The result – The Wealth Builder’s Community – brings people together to find financial freedom.


    It doesn't take a ton of work upfront. No sinking a month into building something only to find out that it doesn't sell. You can just invite your first members and get started.


    And it's a recurring revenue model. Of course, there will be some membership churn over time. That's normal. But if you do the background work we talked about above, a lot of people will stay and love your community for a long time. That means your income will snowball.


    Communities also thrive on user-generated content, making it a business that can run and grow itself.


    And by the way, people love communities. They fit our natural human desire to connect and belong, and they're way less personal than a product you download and have to do on your own. This is also why communities are a must-have add-on for great courses and events too.


    How to sell community as a digital product


    • Use a unified member platform like Mighty Networks that will help you bring members together, sell memberships and bundles, and add features like forums, member profiles, livestreaming, classes, live events, premium groups, and more!


    Start Your Free Trial


    2. Events



    • Difficulty: Easy

    • Skills Needed: Hosting & Planning

    • Status: Growing

    • Revenue Type: One Time OR Recurring

    • Revenue Potential: High


    If you are looking and how to make money selling digital products, consider hosting live events.


    MN - Graphics - 2024 - Events


    For inspiration, check out Tara McMullin, who has built an awesome business around live events for entrepreneurs in her What Works Network.


    Make sure to try our event name generator too!


    How to sell events as a digital product

    Choose a virtual events platform like Mighty that will let you sell tickets, plan, and host an event all in one place. Make sure it has an app too!


    Start Your Free Trial


    Digital products to sell for teachers


    3. Pre-recorded Courses



    • Difficulty: Moderate

    • Skills Needed: Presenting & Organizing

    • Status: Stable

    • Revenue Type: One Time

    • Revenue Potential: High


    The old faithful of digital courses was the asynchronous course, that you create in advance and people watch on their own time. There are some great advantages to pre-recorded courses, including the fact that they work well for learners who need the time to pause and replay AND that students can watch them at their leisure.


    There’s still room for asynchronous courses–it’s a huge chunk of the online learning market that’s projected to be worth $239bn annually by 2027.


    How to sell asynchronous courses as digital products


    • Use an online course platform that gives you a comprehensive LMS and lets you keep all the revenue from your course. A platform like Mighty Networks will make it easy to bundle courses with other goodies, add in course communities, and even instantly outline your course with Mighty Co-Host™.

    • You can use an online course marketplace like Skillshare (but you’ll earn much less from your course)


    Start Your Free Trial


    4. Live courses



    • Difficulty: Moderate

    • Skills Needed: Presenting & Organizing

    • Status: Growing

    • Revenue Type: One Time

    • Revenue Potential: High


    But we’re also seeing a huge and growing desire for cohort-based, synchronous courses – where people come together and learn live, getting feedback from an instructor and having the chance to meet fellow students.


    MN - Graphics - 2024 OE-Course-preview


    One example of a course-based business we love (that has community along with it) is Leigh Metcalf’s awesome sewing-based business: Topstich Makers.


    Cohort courses are growing–people love learning live with other students. And with the right platform, you can always sell a recording of your live course if you decide to switch to asynchronous learning.


    How to sell synchronous courses as digital products


    • Choose a platform that lets you mix a virtual event (incl. livestreaming) with a course platform, community discussion features, and charging for the course.


    Start Your Free Trial


    5. Lesson plans



    • Difficulty: Easy

    • Skills Needed: Presenting & Organizing

    • Status: Stable

    • Revenue Type: One Time

    • Revenue Potential: Low


    If you’re a teacher teaching in a conventional classroom, the obvious idea for a digital product from your expertise is to sell lesson plans! You’re going to all the work anyway, might as well share the wealth and get paid for it.


    How to sell lesson plans as a digital product


    • Use a lesson plan marketplace like Teacha or Classful–they’ll take care of hosting.

    • Or, build your own website with an e-commerce platform or plugin and sell your lesson plans there. But you’ll need to figure out how to market it!


    Classful


    Digital products to sell for writers


    6. Ebooks



    • Difficulty: Moderate

    • Skills Needed: Writing and Editing

    • Status: Stable

    • Revenue Type: One Time

    • Revenue Potential: Low to Medium


    With an ebook, you can create an amazing digital product that people can explore on their own time. You could use a platform like Amazon KDP to sell it, or find one of the many other ebook software options out there to host and deliver it.


    There's a lot of competition, so you'll need to create an ebook that is exciting to read but also offers a ton of value. But a great ebook, especially if it's optimized for search on a platform like Amazon, can bring in revenue month after month.


    How to sell ebooks as a digital product


    • Use a platform like Reedsy to typeset your book and choose a platform to sell on.

    • You can sell on your existing website if you have traffic.

    • You can also sell on an online bookstore: e.g. Kindle Direct Publishing (Amazon). Amazon lets you keep somewhere between 30% or 70% of the revenue–which isn't great, but Amazon does have a huge reach.


    7. Newsletters



    • Difficulty: Easy

    • Skills Needed: Writing and Editing

    • Status: Stable

    • Revenue Type: Recurring

    • Revenue Potential: Low to Medium


    If you love to write, creating a paid newsletter might be a better option than either an ebook or a blog. Made popular by platforms like Substack, having subscribers pay for your newsletter on a regular basis can unlock recurring revenue AND help you make money off the thing you love to do: writing.


    Obviously, you’ll need to multiply a subscription cost by your number of users to get a sense of how much you can earn–Substack says that the average subscription cost is $5-$10/mo.


    How to sell newsletters as a digital product


    • Use a newsletter platform that helps you monetize a newsletter–Substack, Gumroad, or Patreon are options for this.

    • More and more email platforms are building-in e-commerce options–meaning that your email marketing software (e.g. Mailchimp or ConvertKit) could be an option too.

    • Use ConvertKit and Mighty Networks together to create a newsletter community!


    Convertkit Paid Newsletter


    Start Your Free Trial


    8. Premium Blog Content



    • Difficulty: Moderate

    • Skills Needed: Writing and Editing

    • Status: In Decline

    • Revenue Type: Recurring or One-Time

    • Revenue Potential: Low to Medium


    Finally, some writers sell premium blog content. You would gate off part of your blog and require memberships from premium subscribers to access it. Although it’s still a possibility, premium blog content is in decline as content creators move elsewhere.


    How to sell premium blog content as a digital product


    • Use a membership plugin as a gate for a WordPress blog (e.g. MemberPress)

    • Or, blog on a third-party platform like Medium that comes with an audience and pays its writers a portion of the premium memberships it sells.


    Digital products to sell for developers


    9. Software



    • Difficulty: High

    • Skills Needed: Developing

    • Status: Stable

    • Revenue Type: Recurring or One-Time

    • Revenue Potential: High


    If you know how to code, or are willing to find someone who can, building software can be a really lucrative digital product. After all, software has made some people very wealthy. Consider Tobias Lütke, who built his own e-commerce software so that he could sell snowboards. That software is known as Shopify today, and it’s a $13 billion company.


    While you need to know what you're doing to create software or an app, the potential upside can be huge.


    How to sell software as a digital product


    • Sell it as a pay-per-use or subscription service (this is what most SaaS companies do). You’ll need to figure out how to market it.

    • Or use marketplaces that specialize in selling software. For example, CodeCanyon sells all sorts of software solutions.


    10. Apps



    • Difficulty: Moderate

    • Skills Needed: Developing (If Doing it Yourself)

    • Status: Growing

    • Revenue Type: Recurring or One-Time

    • Revenue Potential: High


    Native apps have a lot of potential as digital products. In some cases, this means that you’re a developer who’s going to build your own app. But you don’t need to be. There are a ton of great options to create your own white-label app that you can sell and charge for.


    With Mighty Pro, we build beautiful, custom apps for brands and creators.


    MN - GRaphics - 2024 - App Screens - LiveWell


    How to sell an app as a digital product


    • Build your own app and figure out how to monetize it.

    • Come build with Mighty Pro! We’ll take care of the building and work with you on strategy.


    Learn more about Mighty Pro


    11. Software plugins and extensions



    • Difficulty: Moderate

    • Skills Needed: Developing

    • Status: Growing

    • Revenue Type: Recurring or One-Time

    • Revenue Potential: High


    Software plugins and extensions are in demand, since we constantly need more tools to help navigate all sorts of challenges online.


    For example, most of us know about the writing tool Grammarly, which helps edit your writing live in your browser. It’s an example of an extension that has high popularity and monetizes with premium fees.


    How to sell software plugins and extensions as a digital product


    • Create an extension that’s compatible with Chrome or Firefox and sell monthly memberships.


    Digital products to sell for artists


    12. Printables



    • Difficulty: Moderate

    • Skills Needed: Artistic skills

    • Status: Growing

    • Revenue Type: One-Time

    • Revenue Potential: Low to Medium


    Printables have been around for a while, but they are still a digital product that can pay off–and they’re perfect for artists!


    If you look on Etsy, one of the most common printables right now is wall art. You’ll find cool designs and artistry–retro florals are so hot right now–and some of the top creators are selling thousands every month.


    How to sell printables as a digital product


    • Printables are commonly sold on marketplaces like Etsy.

    • You could use an e-commerce site or a plug-in for your existing website like Shopify to make your own store. The trick is, you'd have to be able to drive traffic to it.


    Etsy printables


    13. Print-on-demand merchandise



    • Difficulty: Moderate

    • Skills Needed: Artistic & Design

    • Status: Growing

    • Revenue Type: One-Time

    • Revenue Potential: Medium


    Print-on-demand is different from printables, because people don't print their own. The merchandise is created by a print-on-demand company like Printify. This isn’t technically a digital product–there is a physical product that’s produced.


    But since you do no work to create a product, and you create a digital file that is turned into a physical product, we’ll give it a place on this list.


    How to sell print-on-demand merch as a digital product


    • Again, most people opt to use a platform like Etsy.

    • Or, you can sell on your own e-commerce site if you can figure out how to get traffic to your store through marketing.


    14. Stock photos



    • Difficulty: Low

    • Skills Needed: Photography

    • Status: In Decline

    • Revenue Type: One-Time

    • Revenue Potential: Low


    Stock photos were all the rage a decade ago. Photographers could put their creations online and sell the rights–often two brands and businesses that needed stock photos for websites, magazines, newsletters, etc.


    The business model for selling stock photos has changed a lot. Sites like Unsplash and Pixabay give you photos at scale for free and include a commercial license. Brands like Microsoft have even started creating stock photos to promote images of their products.


    How to sell stock photos as a digital product


    • You can still make some money selling stock photos on a site like Adobe Stock where individual photographers can sell premium photos. And some brands will pay for unique photos nobody else has.

    • You can upload your photos to a photo membership site, like Shutterstock, which gives users access to photo libraries and you earn a portion of Shutterstock’s earnings.

    • You can sell photos on Etsy or your own website.


    15. NFTs



    • Difficulty: Moderate

    • Skills Needed: Artistic & Design

    • Status: Stable

    • Revenue Type: One-Time

    • Revenue Potential: Low to Medium


    The explosion of non-fungible tokens has changed the way that we think about digital art. An NFT makes it possible to code digital art in blockchain that allows for ownership.


    A few years back, NFTs caused a feeding frenzy of buyers spending millions. The meme of disaster girl. Crypto punks. Jack Dorsey's first tweet. The media captured the excitement.


    The numbers have come back down to earth a bit–even crashing in some cases. But it still looks like NFTs are here to stay. The NFT market is stabilizing now, and projected to grow year over year.


    How to sell NFTs as digital art


    • If you check an NFT market like OpenSea, you'll see that lots of creators are still selling digital art.


    OpenSea


    Digital products to sell for designers


    16. WordPress themes



    • Difficulty: Moderate

    • Skills Needed: Web Design

    • Status: In Decline

    • Revenue Type: One-Time or Recurring

    • Revenue Potential: Medium to High


    WordPress themes were once a hot digital product. If you were a designer, you could create a visual look for WordPress that could be sold.


    It's still possible to make money selling WordPress themes, but there’s less demand. Programs like Elementor and Divvy can turn a WordPress site into a drag-and-drop editor, with lots of templates to choose from.


    And fewer people are building on WordPress, as website companies like Squarespace and Wix take more and more of the market share.


    But, WordPress is still the most popular content management system, and for this reason, there are still opportunities here.


    How to sell WordPress themes as a digital product


    • You can sell on code marketplace websites like Themeforest (Envato), Codester or CodeCanyon.


    codester


    17. Mobile app templates



    • Difficulty: High

    • Skills Needed: Development and Design

    • Status: Growing

    • Revenue Type: One-Time or Recurring

    • Revenue Potential: Medium to High


    The need for mobile apps is growing. 60% of all internet users are on mobile, and native apps are projected to grow to $755bn by 2027. For this reason, when people are looking for DIY app design, some will opt for pre-made mobile app templates.


    How to sell mobile app templates as a digital product


    • The best way is probably to create a design and sell it on a marketplace for mobile app templates like Codester, Sell My Source Code, or Envato.


    envato


    Digital products to sell for graphic designers


    18. 3D models and assets



    • Difficulty: High

    • Skills Needed: 3D Design

    • Status: Growing

    • Revenue Type: One-Time

    • Revenue Potential: Medium to High


    The 3D printing industry is growing, although it hasn't yet hit the threshold for mass adoption. But with the potential to 3D print everything from houses to organs to food, this is a major growth area.


    While we won't advocate for printing food here–that's a bit over our heads–3D printing templates are an option!


    How to sell 3D plans as a digital product


    • Use a marketplace platform like Turbosquid or Shapeway. You can also sell your designs on Etsy.


    Turbosquid


    19. Photoshop & Lightroom presets



    • Difficulty: Moderate

    • Skills Needed: Artistic & Design

    • Status: Declining

    • Revenue Type: One-Time

    • Revenue Potential: Low


    When it comes to images, Adobe Photoshop and Lightroom are the industry-standard editing software. And like the other types of software on this list, there’s a market for creating image filters and presets for Photoshop and Lightroom.


    But remember, both Photoshop and Lightroom are constantly improving capabilities to do things that premium filters can do–meaning that this digital product is in slight decline.


    How to sell Photoshop & Lightroom presets as a digital product


    • Use a site like Creative Market that lets you sell directly (they take a cut).

    • Etsy has made it easier and easier to sell files–so you can also sell templates on Etsy.


    creative market


    20. Graphic design templates (e.g., logos, brochures)



    • Difficulty: Moderate

    • Skills Needed: Artistic & Design

    • Status: Declining

    • Revenue Type: One-Time

    • Revenue Potential: Medium


    One of the potential ways to create a side hustle or income from graphic design is by producing templates for people to buy.


    You build the template that can be used in a design program. People pay to download and use them.


    There's still some opportunity here, as professional graphic designers will pay for templates and fonts (which we'll get to). But the increase of easy design tools like Canva and Adobe Express has taken a bite out of this market.


    How to sell design templates as a digital product


    • Ironically, your best chance at earning from design templates might just be to sell them through Canva or Adobe. You can create an account, upload your own templates, and get royalties when people use them.

    • Otherwise, your options are probably Etsy or your own website.


    21. Fonts and typography



    • Difficulty: Hard

    • Skills Needed: Artistic & Design

    • Status: Stable

    • Revenue Type: One-Time or Recurring

    • Revenue Potential: Low to High


    Brands want brand looks that are unique and memorable, and having a font is part of this. So graphic designers buy fonts.


    Building fonts requires drawing fonts out and then using a program like Adobe Illustrator to build each letter individually, understanding how they connect together (custom-making ligatures), and then knowing how to package them as font sets.


    Most often, fonts are sold on a licensing model. Brands pay you for the right to use them commercially.


    Fonts sold on font websites can earn you anywhere from $10-$100 per sale–the marketplace websites take a cut. The most expensive fonts on My Fonts are a little over $1,000.


    Unfortunately, many font creators earn pennies from their fonts. Those earning top-dollar are rare (even selling a $1,000 font once a month wouldn’t be enough to live off of).


    How to sell fonts as digital products


    • Sell your fonts on one of the many font websites: e.g., Myfonts, So Fontsy, or Font Squirrel.

    • Put your font on a subscription site like Adobe Fonts (you need to apply and be approved) or Envato ($2 per font use). The margins are pretty low for this option.

    • Sell fonts directly to brands or other graphic designers.


    myfonts


    22. Vector graphics



    • Difficulty: Moderate

    • Skills Needed: Artistic & Design

    • Status: Stable

    • Revenue Type: One-Time or Recurring

    • Revenue Potential: Low to Medium


    For designers who know how to make vector graphics, there’s also a healthy demand for these. From icons to cute images, vector graphics are in the designs we look at every day.


    And for many designers, it’s more efficient to buy them than to make their own.


    How to sell vector graphics as a digital product


    • Add your vector graphics to a marketplace like Envato or iStockPhoto

    • Post on a marketplace like Flaticon or IconFinder (which have a 50% revenue share with creators)

    • Or sell on your own website!


    iconfinder


    23. Digital scrapbooking kits



    • Difficulty: Easy

    • Skills Needed: Artistic & Design

    • Status: Stable

    • Revenue Type: One-Time

    • Revenue Potential: Low


    Digital scrapbooking kits help people build and style digital collections for their memories. And if you’re a designer, it’s easy to build them and sell them!


    How to sell digital scrapbooking kits as a digital product


    • Use a marketplace like Etsy.

    • Sell on a blog or personal website.


    Digital products to sell for musicians


    24. Music tracks (royalty-free)



    • Difficulty: Hard

    • Skills Needed: Music Composition and Production

    • Status: Stable

    • Revenue Type: One-Time or Recurring

    • Revenue Potential: Low to Medium


    It's pretty common knowledge that making a living as a musician has gotten more difficult.


    But the thing is, there's still an opportunity to make money with music as a digital product. TV shows, commercials, and brand campaigns all look for original music. And while there is some free music out there, there are still people willing to pay for something unique.


    How to sell your music as a digital product


    • You can sign up for a site like Motion Array, getting royalties when people use your music for their videos.

    • You can go through the process of licensing your music and try to sell it to TV shows, movies, etc.

    • Or sell your music individually to your fans on Bandcamp with subscriptions.


    bandcamp


    25. Sound effects and audio clips



    • Difficulty: Hard

    • Skills Needed: Music Composition and Production

    • Status: Stable

    • Revenue Type: One-Time or Recurring

    • Revenue Potential: Low


    It’s not just music you can sell. If your jam is other things audio, foley, sound effects, etc., you can sell these too.


    How to sell sound effects as a digital product


    • Look for sites that are marketplaces featuring sound effects and music clips: AudioJungle, Envato, Dreamtime.

    • Apply to be included in a membership stock sound library like Adobe Stock or Shutterstock.

    • You could also hit up individual creators, podcast hosts, etc., and let it be known that you create unique sound effects or audio clips they could own.


    Digital products to sell for motion artists & videographers


    26. Video templates and animations



    • Difficulty: Hard

    • Skills Needed: Motion Graphics & Video Editing

    • Status: Stable

    • Revenue Type: One-Time or Recurring

    • Revenue Potential: Low to Medium


    For people with motion graphics and video editing skills, there's an opportunity to make money selling video templates and animations.


    Basically, you can create premium templates for things like YouTube intros and outros, social media shorts or stories, or corporate brand campaigns. The most common motion graphics are probably for Adobe After Effects, the industry standard for video editing, but there are other programs out there too.


    How to sell your motion graphic templates as digital products


    • Sign up for a commercial membership site like MotionArray or Adobe Stock (royalty-based).

    • Sign up for a commercial marketplace like Filtergrade, where you can set the price for your products and keep more sales revenue.

    • Create your own site and sell there. For example, the YouTuber Peter McKinnon has a huge following of video editors and uses his videos to sell motion graphics templates directly on his site.


    YouTuber Peter McKinnon sells motion graphics directly on his website


    motion graphics


    Digital products to sell for experts


    If you’re an expert with in-demand knowledge to share, the digital products you might create will be very different. We talked about some of these from the top: courses, community, etc., but here are a few more.


    27. Podcasts



    • Difficulty: Moderate

    • Skills Needed: Knowledge & Presentation Skills

    • Status: Stable

    • Revenue Type: One-Time or Recurring

    • Revenue Potential: Low to High


    Podcasts have been a thing for a long time, and during the pandemic, they became even more of a thing. That and baking homemade sourdough bread.


    If you’re an expert or even just someone who likes to talk and is moderately good at performing, a podcast can be a really great digital product. It takes some work to produce, but with tools like PodBean it’s getting easier than ever.


    How to turn a podcast into a digital product


    28. Online consulting or coaching sessions



    • Difficulty: Easy

    • Skills Needed: Knowledge & Communication Skills

    • Status: Stable

    • Revenue Type: One-Time or Recurring

    • Revenue Potential: High


    Another great way to monetize expertise is with online consulting or coaching sessions–where you lend your expertise to someone directly.


    Consulting and coaching aren’t necessarily digital products, they’re services. But consultants and coaches can turn their expertise into what’s called a productized service.


    Basically, you would create some sort of intellectual property or program to sell. For example, a human resources consultant might create an “Organizational Wellness Survey”.


    How to create a productized service


    • Protect your IP (if applicable) and find companies to license it to.

    • Use a platform like Mighty Networks that helps you build community, courses, and events and scale your impact easily!


    Start Your Free Trial


    29. Surveys



    • Difficulty: Moderate

    • Skills Needed: Data Science + Expert Knowledge

    • Status: Stable

    • Revenue Type: One-Time

    • Revenue Potential: Low to Medium


    If you’re an expert, one of the ways to monetize knowledge into a digital product is with surveys. You can use surveys for all sorts of metrics, from employee satisfaction to personality types.


    If you want a cool example, the website 16 Personalities took the Myers-Briggs Test–a popular personality-type test–and made it mainstream.


    How to monetize your expertise with a test


    • Find a way to build and deliver your test (e.g. a personality test), either with a white-label software or from scratch. Find a monetization model that fits your brand.


    16 personalities


    30. Excel templates (e.g., budget spreadsheets)



    • Difficulty: Moderate

    • Skills Needed: Excel

    • Status: In Decline

    • Revenue Type: One-Time

    • Revenue Potential: Low to Medium


    Excel is hard for most people. But many people need to use it for their jobs. These two facts have led to a burgeoning industry teaching and helping people with Microsoft Excel. In fact, Kat Norton, the creator known as Miss.Excel on TikTok, makes millions teaching people Excel.


    But templates are another option. Excel templates might not be the sexiest digital product, but it’s pretty hard to deny they can be incredibly useful for those who need them.


    There are a lot of free lessons and templates out there, so the market is a bit saturated. But if you can find a niche and have the ability to create helpful templates, it might be your thing!


    How to sell Excel templates as digital products


    • Try Etsy–one template creator reports earning $280k there last year.

    • Those with a following on social media like TikTok or YouTube would be able to take their business online by creating their own e-commerce website and selling there.


    Digital products to sell for game designers


    31. Virtual experiences & products



    • Difficulty: High

    • Skills Needed: Developing and World Building

    • Status: Stable

    • Revenue Type: One-Time or Recurring

    • Revenue Potential: Medium


    If you’ve looked at online worlds and the metaverse, you might have realized that a few of the options are places to make money. And that’s why you might be able to earn from selling virtual experiences and products.


    For example, the platform Roblox allows creator developers to build worlds and monetize–and as long as they’re over 13, they can change Robux earned into real money. Roblox says that it paid out $624 million to creators in 2022.


    How to sell virtual experiences and products


    • Choose a platform you love that gives you the ability to monetize and start building!


    32. Augmented reality filters and apps



    • Difficulty: High

    • Skills Needed: Developing

    • Status: Stable

    • Revenue Type: One-Time

    • Revenue Potential: Medium


    Augmented reality is growing fast, and AR filters are promising to be a way to earn extra cash.


    At the moment, the most common use of AR filters is Facebook and Instagram stories and Messenger, where filters can transform your look. For example, the creator Johanna Jaskowska has built amazing makeup and futuristic facial filters for Instagram.


    How to turn AR filters into a digital product


    • Learn how to use Meta’s Spark AR Studio–it lets you build filters. Then figure out how to monetize. The possibilities here are just emerging.


    Meta Spark


    33. Online gaming assets



    • Difficulty: Moderate

    • Skills Needed: Developing

    • Status: Stable

    • Revenue Type: One-Time

    • Revenue Potential: Low to Medium


    In the same world, there are online gaming assets: things like skins or in-game purchases or metaverse items like clothes. If you can develop virtual products or game features, you can sell them as a digital product.


    For example, the more than 25 million players a month who play the game Counter-Strike can build and trade skins for the game–which are primarily weapons. Players will spend real money to pay for these.


    How to sell online gaming assets as a digital product


    • Choose the type of product you want to build. Find a place to sell it. (For example, there are marketplaces for selling Counter-Strike Skins).


    Digital products to sell for marketers


    If you have marketing skills and coding skills–or you’re willing to invest in a developer to help you build tools, you might be able to build digital products to help people in your industry work. Here are some ideas.


    34. AI Tools



    • Difficulty: High

    • Skills Needed: Developing

    • Status: Stable

    • Revenue Type: One-Time

    • Revenue Potential: Medium to High


    With the release of ChatGPT, a whole world of AI tools opened up. The APIs can be licensed and used to build amazing digital software. We’ve seen ChatGPT used to build all sorts of tools from testing writing to programming modules.


    At Mighty, we’ve even used it to build Mighty Co-Host™, an AI community assistant that can instantly outline courses, improve your writing, prompt discussions in community, and help you find members with things in common.


    And it runs our community name generator.


    How to sell AI tools as a digital product


    • There are already some marketplaces out there for AI tools and models, even though it’s a pretty new thing. For example, ModelPlace has a bunch of AI models and is open for submissions.

    • Otherwise, you might have to build your own website or business to sell your AI solution with.


    AI


    35. Social media management tools



    • Difficulty: High

    • Skills Needed: Developing and Social Media

    • Status: Stable

    • Revenue Type: Recurring

    • Revenue Potential: Medium to High


    From advanced analytics tools, to platform-specific planning tools, to all-in-one social schedulers like HootSuite, social media tools have a lot of possibilities.


    How to build social media tools as a digital product


    • Identify a need and either build it yourself or work with a developer to create a valuable tool. It could be a browser extension, an app, or a standalone tool that works with social media APIs.



    36. SEO tools



    • Difficulty: High

    • Skills Needed: Developing and SEO

    • Status: Stable

    • Revenue Type: Recurring

    • Revenue Potential: Medium to High


    One of the other marketing industries that have seen an explosion of tools is Search Engine Optimization (SEO). SEO is the art and science of getting your posts to rank at the top of Google’s search results.


    How to turn an SEO tool into a digital product


    • Build a SEO tool (either by yourself or with the help of a developer) that you can sell–for example, a keyword finder, a content optimizer, or a technical site audit tool.


    Even more digital products


    We’ve done a deep dive on the digital products above, but if you still haven’t found the right fit, here are a few more to round out the list.


    37. Data analysis reports and dashboards


    If you know data science and numbers crunching, can you build a digital product around this? It could be monetized as a digital tool, or it could be bespoke services you sell to companies to help them understand their data.


    38. Niche-specific databases or directories


    Google is making these obsolete, but there’s still a small niche market for databases and directories that companies can purchase. For example, if you created a list of all the businesses in Montana that might be interested in buying AI purchasing software–built off of leads you captured on a niche website, there might be value in that.


    39. Online legal or financial templates (e.g., contracts)


    This is another option that’s been a solid digital product in the past. If you have certain credentials (e.g. you’re a CPA, a CFA, or an attorney), can you build templates to help people with their needs?


    40. Tax preparation software


    This is a high difficult skill, but it’s worth mentioning that tax preparation software can also be a digital product if you’re a CPA. There are also white-label options to sell under your brand if you want to make your life a bit easier.


    41. Virtual fitness classes


    For fitness instructors, building out virtual programs or live classes can be an awesome virtual product. You could even build your own fitness app!


    42. Language learning courses


    Apps like Duolingo have made language learning mainstream, but there’s still room for people who make their own programs. A lot of language teachers will also put lessons on YouTube and offer premium courses on a website.


    43. Digital cooking or recipe books


    If you’re the next Julia Childs or Gordon Ramsey, how about creating a digital cookbook? If you have a food blog, you could sell it there. But you could also use Amazon.


    44. Educational software for schools


    Diving back into software, educational software is a huge industry and schools spend a ton of money on it. Whether it’s software to help teachers teach better, track attendance, or help a school district track standardized tests, there are lots of possibilities with edtech software.


    45. Digital planners and organizers


    Finally, you could create digital planners and organizers! People buy planners and organizers for pretty much everything, whether it’s scheduling kids' activities or managing a budget.

    Ready to start?


    MN - Graphics - 2024 - OE-Discovery


    This list has given you 45 different digital products to sell. Hopefully, you found it inspiring and useful as you set out building your first–or twenty-first–digital product.


    And if you are thinking about courses, community, and/or events, come build with us! We built an awesome, all-in-one platform that will give you everything you need to create an online business that generates a ton of revenue for you! In fact, you could start selling your first memberships in the next ten minutes!


    Start building with Mighty Networks!


    Start Your Free Trial

    Ready to start building your community?

    Start Your Own Mighty Network Today!No credit card required.

    MORE LIKE THIS

    Join Mighty Community

    Learn the principles of Community Design™ (and see them in action) alongside thousands of creators and entrepreneurs. It's free to join!

    screenshot
    Community
    Community
    Finding Your Community's Home
    Courses
    Building an Online Course
    Finding the Right Course Platform
    Monetization