5 Reasons to Sell Your Own Digital Products

When it comes to making money online there are a lot of different opportunities and approaches that you can take.

Some of the most popular options like AdSense, affiliate programs, and direct ad sales are popular in part because they are not that difficult to set up.

Of course, you need a website with some traffic or a mailing list, but setting up these monetization methods is relatively quick and easy.

While there is plenty of opportunity to earn money with these methods, and they are all methods that I use in my own business, selling your own products brings some benefits that you simply cannot get from these other methods.

1. You Have Full Control

If you are monetizing your site through advertisements or affiliate programs you are limited in what you can do. You can only promote products that already exist, and you can only sell ads to companies who are interested in advertising on your site. With your own products you’re in full control. You choose the type of product that you want to sell, and you determine the price. Obviously, in order to be successful with selling the product you’ll need something that people want to buy and the price will have to be reasonable, but you have a lot more control than with other monetization methods.

2. Unlimited Potential Income

In a sense you have unlimited potential income with other monetization methods as well. The best affiliate marketers earn huge amounts of money from selling other people’s products, but that can end at any time.

3. Residual Income

One of my favorite things about digital products is that you can keep selling them indefinitely. You may need to update the product every now and then (as is the case with info products on topics that change from time-to-time), but that product that you create is a major asset. It can keep earning you money month-after-month, and even year-after-year in many cases.

4. Cash in on the Authority that You’ve Developed

Through Your Blog If you’ve been blogging in a particular niche for a good length of time you’ve probably built up a following and established a reputation as somewhat of an authority on the subject. If you’re already in this position, selling products is not only possible, but it is likely to be very lucrative. People buy from other people that they trust.

5. Helps with Branding Yourself an Expert in Your Field

If you don’t already have a reputation as a leader in the field, or if you want to take it to a new level, creating a product is a great way to increase your profile. Info products like e-books, courses, video series, and membership sites are perfect for this. You know the old saying that someone “wrote the book” on a particular subject? Well, you literally can write the book, and if you do it well people in your industry will take notice.

There are plenty of ways to make money online, but creating your own product offers some benefits that really can’t be denied. It’s not easy, but few worthwhile methods are worth the effort. :)