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Passive Income In 2020: Selling Digital Products

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You are probably wondering why you should create digital products? The reason for this is that they can be an excellent source of passive income to you and your business. First and foremost, what are digital products?

Business Opportunity Ideas: Passive Income In 2020: Selling Digital Products

There are many types of digital products: courses, printables, high ticket dropshipping, templates or worksheets, workbooks PDFs, shopify chrome extension, etc. Anything that falls into the category of something that someone can download and use, without you really having to babysit it. So what you're going to want to do is find out a way to make those things. So first and foremost, if you're going to make a course for instance, then figure out how you're going to do that. Is it going to be face to face on video, just audio or in written form?

You need to determine how you are processing the actual information inside of the course. Okay, if you're going to go with more of a printable digital product or a template you need to figure out what platform you're going to use or what program that will work best to create the digital product that you are creating. So let's say you are wanting to sell a spreadsheet template to online business owners who want to do their own accounting. That's a good example.

You would want to choose between Google Docs and sharing it, that way, once someone has purchased or creating an actual spreadsheet in Excel and then having them download that file. You would sort of want to decide what your perfect avenue was to design and give that thing that you're wanting to sell. Now, if you're wanting to create printables or PDFs or worksheets or templates or something like that that is just a standard image or a standard worksheet or a standard PDF. Then you're going to want to use something like Photoshop or InDesign or Canva even to create and layout the product, but always keep in mind that every time you are making a template of some sort that you need to make it in a file format that someone can easily open and use.

So let's say I was making a template for a PowerPoint presentation about oberlo alternatives and how to drive traffic to your Shopify store, but I only have a Mac and don't own PowerPoint. If I created in the keynote, then it will make it impossible for someone with PowerPoint or using Google slides to use my presentation template. So I would want to make sure I either created it in all platforms possible or advertised it only as a keynote product or I would want to make it generic and maybe use something like Google slides that I know everybody has access to. If you're creating a template specifically for a program that's totally fine, like Photoshop illustrator, at least, you know, when you're advertising that the people who are buying it probably have those programs or they wouldn't be buying your stuff. Now, if you're going to create something like a font or a graphic file or something like that, you are probably going to want to use, a font software or a tablet that allows you to draw your font in a font creation app. They have those for the iPad anything like that will get you an end result of having a file the type that people can download and use themselves.

Okay. So now how do you sell these things? This is easy. With courses you can sell these in so many ways: You can sell a course on your own website, you can even go as easy and as simple as creating a password protected page and when someone pays you with a PayPal button, they get the password to the page. That's not the best way to go about it, because people can share the password or something could happen, but it's definitely an option for those of you just starting out or if you're looking for a super simple solution. There's also solutions like “Think ethic” or “Teachable” and then, there’s my personal favorite: Using a plug-in that runs on your WordPress site, that allows you to host everything there.



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YouTube Business News Playlists

IMF Video: Ask an Economist - What is the IMF?

Ask an Economist - What is the IMF?
Play Video: Ask an Economist - What is the IMF?


What is the role of the IMF? We provide an overview of the IMF’s work in our newest episode of Ask an Economist. https://www.imf.org/about

Published: 13th Feb 2025 08:28:10   By: IMF

IMF Video: Actualización de Perspectivas de la economía mundial — Enero de 2025

Actualización de Perspectivas de la economía mundial — Enero de 2025
Play Video: Actualización de Perspectivas de la economía mundial — Enero de 2025


Se proyecta que el crecimiento mundial se sitúe en el 3,3% en 2025-26, por debajo de la media histórica del 3,7%. Pese a la estabilidad de las perspectivas, la economía mundial presenta trayectorias cada vez más divergentes. Más información en la última actualización de Perspectivas de la economía mundial. https://www.imf.org/es/Publications/WEO/Issues/2025/01/17/world-economic-outlook-update-january-2025

Published: 26th Jan 2025 05:03:37   By: IMF

IMF Video: 世界経済見通し2025年1月改訂版

世界経済見通し2025年1月改訂版
Play Video: 世界経済見通し2025年1月改訂版


2025~2026年の世界経済成長率予測は3.3%で、過去の平均である3.7%を下回る。世界経済の見通しは安定的に推移しているようだが、成長の道筋において、各国間の乖離が広がっている。詳細は最新の「世界経済見通し」で。https://www.imf.org/ja/Publications/WEO/Issues/2025/01/17/world-economic-outlook-update-january-2025

Published: 26th Jan 2025 05:03:31   By: IMF

IMF Video: Бюллетень «Перспективы развития мировой экономики» за январь 2025 года

Бюллетень «Перспективы развития мировой экономики» за январь 2025 года
Play Video: Бюллетень «Перспективы развития мировой экономики» за январь 2025 года


В 2025–2026 годах прогнозируется рост мировой экономики на уровне 3,3 процента, что ниже среднего исторического показателя 3,7 процента. Несмотря на устойчивые перспективы, в мировой экономике наблюдается все большее расхождение в траекториях роста. Подробнее об этом в новом Бюллетене «Перспективы развития мировой экономики». https://www.imf.org/ru/Publications/WEO/Issues/2024/10/22/world-economic-outlook-october-2024?cid=sm-com-tw-AM2024-WEOEA2024002

Published: 26th Jan 2025 05:03:23   By: IMF

IMF Video: 《世界经济展望》更新——2025年1月

《世界经济展望》更新——2025年1月
Play Video: 《世界经济展望》更新——2025年1月


预计2025-2026年全球经济增速为3.3%,低于3.7%的历史平均水平。尽管前景稳定,但世界经济在增长路径上的分化日趋严重。详见最新一期《世界经济展望》更新。 https://www.imf.org/zh/Publications/WEO/Issues/2025/01/17/world-economic-outlook-update-january-2025

Published: 26th Jan 2025 05:03:13   By: IMF

World Economic Forum Video: The Dawn of Artificial General Intelligence?

The Dawn of Artificial General Intelligence?
Play Video: The Dawn of Artificial General Intelligence?


Artificial general intelligence could possess the versatility to reason, learn and innovate in any task. But with rising concerns about job losses, surveillance and deepfakes, will AGI be a force for progress or a threat to the very fabric of humanity? This is the full audio from a session at the Annual Meeting 2025. https://www.weforum.org/meetings/world-economic-forum-annual-meeting-2025/sessions/the-dawn-of-artificial-general-intelligence/ Speakers:  Andrew Ng, Executive Chairman, LandingAI Yoshua Bengio, Full Professor, University of Montreal     Nicholas Thompson, Chief Executive Officer, The Atlantic     Yejin Choi, Professor and Senior Fellow, Stanford University     Jonathan Ross, Founder and Chief Executive Officer, Groq     Thomas Wolf, Co-Founder and Chief Science Officer, Hugging Face   Catch up on all the action from the Annual Meeting 2025 at wef.ch/wef25 (http://wef.ch/wef25) and across social media using the hashtag #WEF25. Check out all our podcasts on wef.ch/podcasts (http://wef.ch/podcasts) :  YouTube: (https://www.youtube.com/@wef/podcasts) - https://www.youtube.com/@wef/podcasts Radio Davos (https://www.weforum.org/podcasts/radio-davos) - subscribe (https://pod.link/1504682164) : https://pod.link/1504682164 Meet the Leader (https://www.weforum.org/podcasts/meet-the-leader) - subscribe (https://pod.link/1534915560) : https://pod.link/1534915560 Agenda Dialogues (https://www.weforum.org/podcasts/agenda-dialogues) - subscribe (https://pod.link/1574956552) : https://pod.link/1574956552 Join the World Economic Forum Podcast Club (https://www.facebook.com/groups/wefpodcastclub) : https://www.facebook.com/groups/wefpodcastclub  

Published: 17th Feb 2025 05:26:08   By: World Economic Forum

World Economic Forum Video: How Tariffs Impact Trade & DRC Plans Giant Forest Reserve | WEF | Top Stories Week

How Tariffs Impact Trade & DRC Plans Giant Forest Reserve | WEF | Top Stories Week
Play Video: How Tariffs Impact Trade & DRC Plans Giant Forest Reserve | WEF | Top Stories Week


This week's top stories of the week include: 0:14 Singapore’s journey to a nature-first city – Singapore’s efforts to expand its greenery began in the 1960s. Rapid urbanization had cut green space to just 36% but Singapore rebranded itself as a ‘Garden City’ and launched its first greening campaign. Today, it has preserved and reclaimed 78km2 of green space with a plan to add 10km2 more in the next decade. 2:16 How tariffs impact global trade – Tariffs are taxes on goods imported from other countries. Tariffs are put in place to shield domestic producers from competition and potentially raise government revenue, just like other taxes. But most economists argue that tariffs are counter-productive. 3:37 This robot teaches itself to work – It responds to voice commands and questions in everyday language such as, ‘Are there any fruits in the bin?’. It can even ‘self-reflect’ and learn on the job. This means it can re-learn relatively quickly, rather than through weeks or months of complex reprogramming. This robot is just one example of an ‘AI agent’ 5:48 DRC plans giant forest reserve – The Kivu-Kinshasa Green Corridor will stretch over 2,600km. It will cover an area almost the size of France, with a population of 31 million people. It was announced at Davos this year by the President of the Democratic Republic of Congo (DRC). _____________________________________________ The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/  Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #WorldEconomicForum

Published: 16th Feb 2025 01:01:12   By: World Economic Forum

World Economic Forum Video: Gita Gopinath: Tackling economic uncertainty in 2025 #mtl #meettheleader #wef25

Gita Gopinath: Tackling economic uncertainty in 2025 #mtl #meettheleader #wef25
Play Video: Gita Gopinath: Tackling economic uncertainty in 2025 #mtl #meettheleader #wef25


The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/  Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #WorldEconomicForum

Published: 14th Feb 2025 05:45:12   By: World Economic Forum

World Economic Forum Video: MTL | IMF's Gita Gopinath: What's ahead for economic growth in 2025 - and what leaders must do now

MTL | IMF
Play Video: MTL | IMF's Gita Gopinath: What's ahead for economic growth in 2025 - and what leaders must do now


How will inflation, conflict and technological change shape economies in the year ahead? The International Monetary Fund’s First Deputy Managing Director Gita Gopinath sat down with Meet The Leader at the World Economic Forum‘s Annual Meeting in Davos, Switzerland to share what's next for global growth. She identified the statistics that she found most compelling and the risks and opportunities leaders must prioritize in 2025. She also described the pivot countries will need to make in fiscal policy to tackle historic levels of global public debt (levels that could hit the $100 trillion mark) and how "optimism bias" could stand in the way. This special episode of interview of Meet The Leader was recorded at the World Economic Forum's Annual Meeting in Davos, Switzerland. About the research cited:IMF World Economic Outlook: https://www.imf.org/en/Publications/WEO/Issues/2025/01/17/world-economic-outlook-update-january-2025 Find a transcript here: https://www.weforum.org/podcasts/meet-the-leader/episodes/gita-gopinath-imf-economic-outlook The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/  Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #WorldEconomicForum

Published: 14th Feb 2025 05:00:16   By: World Economic Forum

World Economic Forum Video: We'll stop climate change, but 'how soon' is the life-and-death question - Al Gore

We
Play Video: We'll stop climate change, but 'how soon' is the life-and-death question - Al Gore


  As the world record's it's highest ever average global temperatures, and the US, once again, quits the UN climate change pact, Al Gore is surprisingly upbeat on humanity's ability to tackle global warming. He spoke to Radio Davos at the Annual Meeting, where he presented a new system that tracks greenhouse gas emissions around the world, Climate TRACE.   Links: Global Risks Report 2025: https://www.weforum.org/publications/global-risks-report-2025/ Climate TRACE: www.climatetrace.org/explore (https://www.climatetrace.org/explore) Climate and Health Initiative: https://initiatives.weforum.org/climate-and-health/home Centre for Nature and Climate: https://centres.weforum.org/centre-nature-and-climate/home   Related podcasts: Can climate action survive geopolitical upheaval?: https://www.weforum.org/podcasts/radio-davos/episodes/gfc-geopolitics-climate-global-south/ Breathe! The cities working together on air pollution and climate change (https://www.weforum.org/podcasts/radio-davos/episodes/breathe-cities-air-pollution-jaime-pumarejo/) : https://www.weforum.org/podcasts/radio-davos/episodes/breathe-cities-air-pollution-jaime-pumarejo/ What are the 'positive tipping points' that could help us accelerate out of climate disaster? (https://www.weforum.org/podcasts/radio-davos/episodes/climate-change-positive-tipping-points-tim-lenton/) : https://www.weforum.org/podcasts/radio-davos/episodes/climate-change-positive-tipping-points-tim-lenton/ Al Gore on leadership skills, climate action and the 'tipping point' ahead (https://www.weforum.org/podcasts/meet-the-leader/episodes/al-gore-on-leadership-skills-climate-action-and-the-tipping-point-ahead/) : https://www.weforum.org/podcasts/meet-the-leader/episodes/al-gore-on-leadership-skills-climate-action-and-the-tipping-point-ahead/ Check out all our podcasts on wef.ch/podcasts:  YouTube: - https://www.youtube.com/@wef/podcasts Radio Davos - subscribe: https://pod.link/1504682164 Meet the Leader - subscribe: https://pod.link/1534915560 Agenda Dialogues - subscribe: https://pod.link/1574956552 Join the World Economic Forum Podcast Club: https://www.facebook.com/groups/wefpodcastclub  

Published: 13th Feb 2025 05:17:45   By: World Economic Forum

Reuters Video: Shein faces investor pressure to slash valuation: report | REUTERS

Shein faces investor pressure to slash valuation: report | REUTERS
Play Video: Shein faces investor pressure to slash valuation: report | REUTERS


Online fast-fashion retailer Shein is under pressure to cut its valuation to less than half the price put on it two years ago ahead of its potential London listing. #News #Reuters #Newsfeed #shein #fastfashion #ipo Read the story here: https://reut.rs/4h0EAxr 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Published: 17th Feb 2025 12:19:21   By: Reuters

Reuters Video: AI frees up time for patient care, says Amazon’s Vin Gupta | REUTERS

AI frees up time for patient care, says Amazon’s Vin Gupta | REUTERS
Play Video: AI frees up time for patient care, says Amazon’s Vin Gupta | REUTERS


Amazon Pharmacy's Chief Medical Officer Vin Gupta said one has to leverage the very best parts of AI, like augmenting clinical intuition, but warned against overreliance on it for tasks like patient communication. #News #Reuters #Newsfeed #artificialintelligence #amazon #healthcare 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Published: 17th Feb 2025 12:08:39   By: Reuters

Reuters Video: DeepSeek South Korea blocks, Tencent dives in | REUTERS

DeepSeek South Korea blocks, Tencent dives in | REUTERS
Play Video: DeepSeek South Korea blocks, Tencent dives in | REUTERS


South Korea's data protection authority suspended new downloads of the Chinese AI app DeepSeek in the country over data privacy concerns while in China, Tencent shares jumped on news it was testing integration of the new app into its messaging apps. #News #Reuters #Newsfeed #deepseek #china #artificialintelligence Read the story here: https://reut.rs/41hYuz9 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Published: 17th Feb 2025 10:55:58   By: Reuters

Reuters Video: Shoppers, investments help Japan beat growth forecasts | REUTERS

Shoppers, investments help Japan beat growth forecasts | REUTERS
Play Video: Shoppers, investments help Japan beat growth forecasts | REUTERS


Japan's economy grew faster than expected in the fourth quarter, on improved business spending and a surprise increase in consumption, shoring up the central bank's case for more interest rate hikes. #News #Reuters #Newsfeed #japan #bankofjapan #economy Read the story here: https://reut.rs/4366HYm 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Published: 17th Feb 2025 10:48:01   By: Reuters

Reuters Video: Wall Street ends mixed; Nvidia lifts Nasdaq | REUTERS

Wall Street ends mixed; Nvidia lifts Nasdaq | REUTERS
Play Video: Wall Street ends mixed; Nvidia lifts Nasdaq | REUTERS


Wall Street stocks ended mixed, with Nvidia climbing and Microsoft dipping, while Treasury yields declined a day after US President Donald Trump unveiled reciprocal tariff plans but stopped short of imposing new ones #News #wallstreet #stockmarket #Reuters #Newsfeed Read the story here: https://reut.rs/3QlAzsm 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Published: 15th Feb 2025 12:33:02   By: Reuters

Business Video: 'Hard to find anything good': CNN's Matt Egan explains why inflation jumped in January


Play Video: 'Hard to find anything good': CNN's Matt Egan explains why inflation jumped in January


Consumer prices surged last month, driving inflation up to 3% for the first time since last June. Egg prices drove a large part of the increase in food. #cnn #news #cpi #inflation

Published: 12th Feb 2025 04:10:21   By: CNN

Business Video: China hits back as Trump’s tariffs go into effect

China hits back as Trump’s tariffs go into effect
Play Video: China hits back as Trump’s tariffs go into effect


Beijing announced a broad package of economic measures targeting the United States on Tuesday, hitting back after US President Donald Trump imposed 10% tariffs on Chinese imports. #CNN #News

Published: 4th Feb 2025 12:52:55   By: CNN

Business Video: 'I saw myself as a sex slave.' CNN speaks with survivors of alleged abuse at halal food company


Play Video: 'I saw myself as a sex slave.' CNN speaks with survivors of alleged abuse at halal food company


Last September, Malaysian police rescued more than 600 children from a group which publicly operated as a global halal food company. CNN spoke with more than a dozen former survivors to learn how they were treated. #CNN #News

Published: 3rd Feb 2025 05:28:33   By: CNN

Business Video: Top economist predicts what impact Trump's tariffs will have on Americans

Top economist predicts what impact Trump
Play Video: Top economist predicts what impact Trump's tariffs will have on Americans


President Donald Trump announced extraordinary new tariffs over the weekend on Mexico, Canada and China, and the leaders of all three countries have since announced retaliatory measures. Former Deputy Director of the National Economic Council Jason Furman joins CNN's Kasie Hunt to discuss the impacts tariffs will have on Americans' lives. #CNN #News

Published: 3rd Feb 2025 03:47:04   By: CNN

Business Video: Canadian PM candidate warns Americans will be 'astonished' by Canadian response

Canadian PM candidate warns Americans will be
Play Video: Canadian PM candidate warns Americans will be 'astonished' by Canadian response


In an interview with CNN's Fareed Zakaria, Canadian prime minister candidate and former foreign and financial minister Chrystia Freeland slams Trump's tariff on imports from Canada as a "betrayal" and "utter madness." #CNN #News

Published: 3rd Feb 2025 12:23:25   By: CNN

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