building a digital product is something
that you can do only once but you can
then sell it for unlimited amount of
times over the next 5 to 10 years and if
you use the free traffic sources that we
will be talking about in this tutorial
your profit margins will be almost a
hundred percent if you don't know who I
am my name is Dave Nick and over the
past couple of years I made millions of
dollars selling digital products such as
Horses ebooks PDF guides and much more
and this is a complete step-by-step
tutorial on how you can sell digital
products online this is everything you
will need to start a successful online
business selling digital products from A
to Z so make sure to either save this
video or take notes along the way and
you can of course re-watch this video as
much as needed to make sure that you get
all the information right so for now we
will quickly run over the overview of
this tutorials you will know exactly
what you will get out of this video so
I'm gonna get straight to the point and
first of all we're going to be talking
about what is actually a digital product
because if you're gonna build a million
dollar business selling their little
products then it is important to
understand what digital products
actually are and how they actually work
now after that we're going to be talking
about 15 different types of digital
products that you can sell we're going
to be talking about all the benefits of
selling a digital product and why if you
are not selling a digital product right
now or if you're not planning to do that
in the future you're living hundreds of
thousands of dollars per year on a table
and I don't think that's very very smart
after that I'm gonna share from my
personal experience or experience what
is actually the honest truth about this
business that a lot of people don't
realize or a lot of people make a
mistake about this business and I'm
basically going to break that for you
I'm gonna help you decide what you're
actually going to be selling and what
type of digital product who you're going
to be selling your digital product to
I'm gonna share my framework for
building a successful digital product
and exactly the framework that I use for
building my million dollar digital
courses and other type of digital
products I will share with you best
tools and platforms that you can use
some of the platforms that we never
talked about before on this channel or
some of the platforms that you probably
never even heard about then we're gonna
go through building a sales page for
your digital product and finally we're
going to talk about a market thing and
sales and how to actually turn that
digital product into a profitable online
business now let us begin with first of
all what is a digital product a digital
product is a virtual product or service
that offers some form of utility to a
human being in other words all their
still products from an online course
mobile app to a website experience
attempt to solve a problem for a group
of people trying to accomplish something
so the way I look at digital products is
a bridge from a person a to a solution b
or a painkiller so someone has a problem
that they want to solve now you can
solve that problem for them or you can
get you can close that Gap with a
digital product whether that's a course
whether that's a PDF guide or anything
else that you're trying to sell even an
app like Tinder is also a bridge to
someone getting in a relationship they
have a pain they want to get in in a
relationship with someone they can use
an app like Tinder or buying a course
someone wants to to learn how they can
how to cook now they can buy a course
that teaches them exactly how they can
cook so a digital product is a virtual
product or service that offers some form
of utility to a human being now what are
the 15 different types of digital
products that you can sell online and
build a profitable online business
around so first of all we obviously have
courses we have ebooks we have music and
audio files we have photography data web
elements tutorials and guides software
recipes apps printables templates games
coaching and Consulting so we're gonna
go through all of this and I'm gonna
tell you which one is my favorite type
of digital product you sell and then
after that we'll decide what is going to
be the best one for you because you only
want to pick one specific type of
product you sell Focus 100 of the
digital product and go all in to build a
million dollar or multi-million dollar
business around it now let's quickly go
over the benefits of selling a digital
product and why you are missing out if
you're are basically not running a
digital products business in this day
and age so first of all unlike physical
Goods a digital product is Limitless
there is no limit to how much you can
sell and as I said in the beginning you
can create it once and you can sell it
for unlimited amount of times and you
never have to replenish your inventory
because there is no inventory and
there's a lot of benefits When there's
no inventory unlike with physical
products and because of that it's
basically a perfect form of passive
income I know passive income may sound a
little bit cringy but honestly it's a
perfect form of passive income you
create a digital product once you can
build it in one day and if you have the
marketing and system in place you can
get sales over the next couple of months
years or even a decade and if that's not
a true form of passive income then I
don't know what it is what is because
you can create a digital product that's
worth five hundred dollars and even if
you sell five pieces a month over the
next 10 years that's two and a half
thousand dollars a month in pure passive
income and pure profits if you have the
Marketing Systems in place the right way
which is something that we will talk
about later on in this video and you
also don't need to actually be any
special person or an expert to sell a
digital product or a digital course and
this is also something that will go on
in details later on in this video
because it's extremely important that
you understand that and why that is
important there's obviously little to no
cost at all for building a digital
product because there's also no staff
members or whatsoever and unlike with
physical products that you have to
assemble then you have to manufacture
and ship around the world and whatnot
digital products can be created for free
you have something valuable you have
some knowledge or you know how to create
music or you know how to create some
template or a printable you can do that
for completely free or by spending 10
bucks on a software or whatsoever to
build it and you can sell it for
unlimited amount of times so little to
no cost at all for digital products no
shipping or any overhead people can
instantly access your digital products
with one click of a button from all
around the world you were to know staff
members are needed like think about it
if you're starting a physical business
your business is not even profitable yet
but you still you'll have to hire staff
members to actually work on your
business and that's obviously costing a
lot of money but when starting an online
business especially with digital
products you can run a million dollars a
year online business selling digital
products and you can have no employees
or no staff members or whatsoever of
course after some time once you start
scaling to millions and millions of
dollars a year you can start hiring some
people but if you compare it to starting
a physical business or you have to hire
members in most of the cases before you
even start making any money it's just
much much easier and better with digital
products you can easily reach a global
market and a global audience because if
you have a physical business like let's
say a barber shop or a coffee shop
that's in a specific City you're
obviously tied to that one single
location you can't really if your your
barber shop is in Bali you can't reach
the market in New York or in India or in
Philippines you're you're tied to that
one single location but with digital
products you can Market from all around
the world and you can have people buying
from India from New York from
Philippines from France from Italy it
doesn't matter there's going to be
people from all around the world that
can access your digital products with
one click of a button and you can charge
them all and because all of that you had
personal freedom of time and freedom of
location you don't have to be you're not
tied to one specific location because
there's no inventory that you have to be
like there's all of your products that
are in New York so you gotta stay in New
York it doesn't work like that when you
sell a digital product you can be on a
tropical island like Bali or you can be
on the Alps it doesn't matter you can be
anywhere in the world so you get all the
freedom of time and the freedom of
location and as we talked about before
there are way higher profit margins when
selling digital products and physical
products because as I said you can
create them for free and once you sell
them you keep almost 100 of the profits
while when you sell a physical product
or a physical service in most of the
cases the profit margins are very very
thin now let's talk about the most
common misconception when it comes to
building a digital products online
business and that is that you need to be
special or you need to be an expert in
order to sell something and that's just
not a true because no matter who you are
you know something or you have something
that millions of people around the world
either don't know or don't have access
to like even if it's for example you
know how to create logo designs in
Photoshop but there's millions of people
out there that will love to create logos
in Photoshop but have no idea how to do
it so now you can create a tutorial
showing people step by step how to
create logo designs in your way in
Photoshop and you can charge people ten
dollars for it it doesn't matter if you
have the marketing right you can get
thousands of people buying their product
it's gonna take you two hours to create
it and you can sell it unlimited times
again and again and again for years and
years to come and the reason I know this
is because I recently launched the
online business Academy platform which
is like a platform for people to sell
digital courses on or related to online
business and don't worry I got nothing
to sell the reason I'm saying this is
because the business model behind the
online business Academy is we find
experts in different categories for
example someone knows how to make let's
say three thousand dollars a month with
the Drop Shipping or email marketing or
affiliate marketing or CPA marketing or
Instagram or Tech talk or crypto
whatever it is let's say for example
they know how to make some money when
Drop Shipping now they can build a
course and list it on the online
business Academy platform where we are
getting hundreds of thousands of
visitors per month from Paid ads from
referrals from search results from
YouTube all the different ways that
would drive traffic to the online
business Academy and if they build a
course showing exactly how they make 30
000 a month with Drop Shipping and they
list their course for let's say four
hundred dollars one time it's a huge
win-win for both sides now when a
student buys that course for four
hundred dollars they're gonna get a
skill that's gonna stay with them for a
lifetime and they might potentially
Build A Drop Shipping business that's
gonna make them thousands of dollars per
month so they're happy with that they
got their return on investment and the
person who built the course Once Sold it
for 400 is also happy because now they
get to scale their business a lot faster
because if they get just a hundred sales
per month it's forty thousand dollars
per month and basically pure profit and
passive income so they get to make a lot
more money now with a lot less work now
getting access to the online business
Academy is something that I will be
charging at least eight thousand dollars
for in the future but as a right now I'm
offering six absolutely free spots so if
you do have some skills or you know how
to make money in some way whether that's
once again Drop Shipping drop servicing
YouTube Tick Tock Instagram affiliate
marketing CPA marketing whatever that
might be you can apply through the link
in the description box down below and
you can schedule a call with me and I'm
going to send an application link where
you can apply and tell us why you think
you will be a suitable creator for the
online business Academy and there is a
bunch of benefits over there because
people can build their brands a lot
faster because they can leverage the
online business Academy platform with
hundreds of thousands of visitors and I
also guarantee that a digital product
will be profitable right away profitable
and successful from the start because we
already have a huge database of people
that are hungry to learn new ways to
start an online business or new ways to
make money online and once again for now
that's absolutely free for the next six
people that get accepted so you think it
will be suitable for this position make
sure to take the time to actually apply
using the first link in the description
box down below and schedule a call with
me and then my team and I will start
working with you if you to build a
successful digital product from the
start and also listed on the online
business Academy getting you traffic
customers and sales from the start but
anyways if even if you don't get a
chance to work with me and my team for
listing your digital product on the
online business Academy there is still
hope so let's get back to the tutorial
so let's talk about what are you
actually selling and who are you selling
food so first of all you will decide
which type of digital product are you
gonna sell whether that's going to be an
audiophile whether that's going to be a
fan plate whether that's going to be a
PDF guide whether that's going to be a
recipe for something that you know how
to cook like for example you know how to
cook really good pasta now you can
create a recipe and you can sell it for
unlimited amount of time so you can
create fan blades you can create cover
designs you can create courses guides
whatever that is you will have to decide
what that's going to be let's say for
example you want to build a digital
course you will have to think about a
digital course as a bridge so you are
basically building a bridge for someone
and then you only need to think about
who are you going to be selling this to
who is the ideal person that actually
needs that bridge so you want to make
sure that you are are actually thinking
about a person that has a specific
problem for example if you want to sell
a Drop Shipping course you will have to
think about who are the people that are
interested in starting a Drop Shipping
business you will have to have them in
mind when deciding how are you going to
build the product and so let's say you
decided that a type of digital product
that you want to sell is a digital
course here's a framework that I've been
using when building my digital courses
so first of all of course you want to
outline the course first you want to
write all the different modules and
lectures and then you want to start
recording and then once you finish
recording you just upload those to a
certain platform that we will be talking
about later on in this video and that's
how you have a course that's how you
have a digital product that you can sell
for unlimited amount of times and so the
framework begins with a welcome message
with a welcome module where you're
basically welcome the student you
congratulate them on making a decision
to get that change in their life and you
tell them about all the bases regarding
the training program that you created
for them after that you will show
results or the desired outcome if you
motivate the student to to keep on going
through the training program we will
tell them this is what is waiting for
you at the end of the training program
if you follow what I'm showing so
whether that's a successful Drop
Shipping Store whether that's a really
good logo design in Photoshop whether
that's six-pack abs whatever it is it
really depends on what type of program
you're creating and what is the solution
that you're providing but you want to
show results that you already achieved
that and you want to basically remind
the the student and that he can get the
desired outcome then the part of the
three of the framework are subject to
Basics you're going to talk about basics
of Drop Shipping basics of drop
servicing basics of creating a logo
basics of cooking basics of Fitness
basics of whatever it is that you are
creating you're basically going to go
through the basics and maybe even talk
about the terminology that is commonly
used in that space because if someone is
completely new in that space they're not
necessarily going to know all of the
terminology and the words that are being
used so you want to make sure that you
have covered all of the basics and the
stage number three after that you will
will share your secrets basically what
is your secret sauce what is that that
one thing that were a couple of things
that not a lot of people know about but
you know from your experience and that's
gonna save them time it's gonna save
them energy It's Gonna Save them money
and potentially help them make money a
lot faster because they know your secret
sauce they know your secrets you're
gonna share your secrets in the stage
number four then you're gonna reveal
specific details about you know creating
and Building A Drop Shipping Store
you're going to walk them through the
process and show them exactly how to do
it step by step Click by click so they
can easily follow the process and get
the desired outcome easier then you're
gonna give them at the end the stage
number six is either an action plan what
to do next or you will tell them to join
the community whether that's a Facebook
group where all the other members of the
course are in so they can interact with
them so they can network with them and
whatnot they can share results and
success and stuff like that they can ask
questions you're gonna give them access
to a Discord group or a WhatsApp group
or an Instagram chat or whatever it is
you can give them access to the
community or if you don't want to build
a community you can just give them an
action plan of what to do next you will
tell them hey the next thing that you
want to do is this this and that or
maybe you even have an upsell to the
next program maybe they they will learn
how to do Drop Shipping but they don't
know how to actually automate everything
and scale their dropshipping business so
you can tell them that they can learn
that in the next training program and in
the next course and then that could be
the stage number six for you now let's
talk about the three of the best
platforms to sell your digital products
on now first of them is obviously going
to be the online business Academy but
this is specifically for people that are
interested in selling digital courses or
digital products related to online
business and since everything is fully
custom coded on the online business
Academy the entire platform and all the
sales Pages look basically a thousand
times better than what's currently
available on the market so the
conversion rate is much much higher and
that's why I said I can literally
guarantee that the product will be
successful once it's listed on the
online business get him the second not
so good little looking platform is gonna
be Gum Road this is another great
platform to sell digital products this
is actually the first platform that I
used when I started out and this is
where I actually made my first money
from digital products a couple of years
ago when I was selling PDF guides and
ebooks and whatnot so this is a great
platform for selling those like PDF
guides and e-books and stuff like that
you can scroll a little bit down and you
can see all the different products all
the different types of digital products
that you can sell as you can see you can
sell designs comics and Graphics you can
sell audio files you can sell courses
you can sell games you can sell books
you can sell music a lot of different
stuff and then you can create an account
click on start selling create an account
on gumroad and once you create an
account you're gonna have the products
section on the left side where you can
enlist your products for sale you can
click on new product right over here and
you can start building either a digital
product course or tutorial ebook podcast
membership uh audio books newsletters
and stuff like that and then you can
check the analytics in the left side
you're going to be able to track your
views you're gonna be able to track your
sales clicks and stuff like that and you
can check the payouts on the left side
if you want to withdraw your money from
gumroad you can do that in the payout
section so that's what gamrow.com they
also have a good um they also have a
great Marketplace but you're not going
to be getting sales from that
Marketplace you're the only I mean yes
you can sometimes maybe get one or two
sales from the marketplace but a
majority of the sales would come from
you driving traffic you're on products
on Gum Road and then the next platform
that you can also use is a feature ball
that's where I currently host my my
courses a teachable is a great platform
to host your courses to uploader courses
to upload your digital products but it's
not the best way to sell your digital
products because sales Pages look really
really bad on here so you can go to
futurebull.com you can click on start
for free and create an account and then
you can go through the courses section
on the left side and you can start a new
course over here so we will press the
new course button and then you will
start outlining the course using the
framework that we've talked about
previously and you can start from there
you can upload your lectures directly
through teachable and then either host
your sales page with another platform or
you can also just build a sales page
inside of teachable itself but they're
honestly not that good they're more like
2010 wipes so if you want to build a
sales page with featurable you will
basically select your course for example
I want to build a course I want to build
a sales page for my automation system
scores that is currently the most active
course that I'm selling I will go
through pages on the left hand side and
then I can build a sales page from here
so I can basically click on edit and I
can start customizing my sales page as
you can see this for now looks really
really bad and all like this is how the
sales page would look like there's not
much okay and everything looks kind of
old so you can definitely play around
you have the banner section you have the
image effects actually you have the
button section you can change the enroll
Now button you can select the pricing
plans you can change the button text and
here you have you're gonna have the full
course curriculum where people can see
all the lectures that they're gonna get
once they buy the course
uh and then you can add maybe proof of
earnings along the page you can change
designs you can change colors you can
add new blocks obviously like you can
add a Blog where you're going to be have
you're only going to have like a video
like a sales video and stuff like that
so it's pretty easy and simple to play
around with teachable and create a sales
page it's just not gonna look that good
and also you're not going to be getting
traffic from teachable meaning that all
the traffic needs to come from you so a
hundred percent of the sales have to be
influenced by you you you're not going
to be listed in teachable Marketplace or
anything like that so there's not going
to be people finding you organically
unteachable or whatsoever you have to
rely on yourself for driving traffic to
your own digital product let's say of
course so yeah those are some of the
basics on how to build and sell a
digital product online I really hope
you've learned something new in this
video and if you did if you did get some
value out of it make sure to drop a like
down below and I will see you in some of
the next videos