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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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IMF Video: Building a Resilient Africa | 11th African Fiscal Forum


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Since the COVID pandemic erupted, sub-Saharan Africa has been particularly hard hit by “shocks on top of shocks”, and the environment remains very uncertain with little prospect that countries will exit these stressed conditions any time soon. Going forward, adapting to climate change is becoming a more urgent priority as extreme droughts and floods are worsening food insecurity and undermining growth and development prospects. But building resilience takes time, capacity, and money, which sub-Saharan African countries lack. The African Fiscal Forum will explore ways to strengthen resilience through improvements in social policies and investment in the energy transition in the context of constrained fiscal resources. In particular, the Forum will discuss the issues around using targeted and temporary fiscal measures as the first best response to shocks, while at the same time addressing longer-term issues around mitigating a key source of vulnerability – climate change. Participants to this virtual forum will include African ministers and policymakers, bilateral partners and multilateral institutions, and representatives of civil society. Only the opening roundtable discussion on March 21 will be livestreamed. The European Commission (EC) and the IMF will host the Eleventh African Fiscal Forum on March 21-22, 2022. https://bit.ly/3lf9xHk

Published: 21st Mar 2023 01:35:44   By: IMF

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Published: 18th Mar 2023 12:30:19   By: IMF

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Published: 19th Feb 2023 01:15:03   By: IMF

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This week's top stories of the week include: 0:15 NASA launches space based pollution monitor - It’s called TEMPO, which stands for Tropospheric Emissions: Monitoring of Pollution. Built by Ball Aerospace, TEMPO will measure levels of major air pollutants every hour from a geostationary orbit 22,000 miles above the equator. It will monitor a huge region of North America from Canada’s oil sands in northern Alberta to below Mexico City at a resolution of up to 4 square miles. Air pollution poses a major threat to human and planetary health as 99% of the global population breathes air that exceeds WHO health guidelines. Air pollution carries a total economic cost of more than $8 trillion. Therefore, monitoring it is critical to understanding its impacts. Though TEMPO is due to launch in April 2023, watch to learn more about how it will monitor air pollution from space. 1:58 8 best countries for working women - The Economist ranked 29 OECD nations according to the role and influence of women in the workplace. Iceland scores well on numerous factors. From low childcare costs to education attainment for women to female representation at senior levels. At the current rate, it will take 132 years to close the global gender gap How does your country support women at work? 3:23 What is the polycrisis? - Today we are once again beset by seemingly unconnected crises. Such as the war in Ukraine, the climate crisis and the aftermath of COVID-19. "So economics, politics, geopolitics and then the natural environment blowing back at us – and those 4 things, they don’t reduce to a single common denominator. They don’t reduce to a single factor. And that's why I think the polycrisis term has a real utility descriptively as much as anything else, because it's kind of hand-waving, of course, it's kind of arm waving. It's going, look, there's a lot of stuff happening here all at once. And that precisely is what we're trying to wrap our minds around." 6:54 Are Chatbots going to take our jobs? - "I get this question asked 10 times a week, which is that, look, is conversational AI going to take away jobs? And my consistent answer is no. And the best analogy I will give to you is banks and ATMs. So prior to the technology of ATMs, the most common reason why people would walk into a bank would be to take out money. So imagine there's no ATMs and 90% of the reason why somebody goes inside the bank is to say, I need to take out some cash, I need to take out some money. As a result, you know, you and I don't even remember these days, but banks used to be crowded. There used to be long lines and so on. Here comes the ATM, which automates really what should be a very simple task." _____________________________________________ 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 #Davos #WEF23 #WorldEconomicForum

Published: 25th Mar 2023 01:00:25   By: World Economic Forum

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Published: 24th Mar 2023 01:00:41   By: World Economic Forum

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The fallout from Silicon Valley Bank (SVB) has driven up global credit risk as investors start to worry about which other banks might have trouble staying afloat. If enough customers believe their bank is about to fail, a stampede can ensue as everyone tries to withdraw their money at the same time. Banks don’t hold enough cash to cover all their clients’ deposits, which is why a bank run can turn the fear of insolvency into the real thing. A bank run was a major factor behind the recent failure of Silicon Valley Bank (SVB). Watch the video to learn more about what is a bank run, contagion, and credit risk. #bankrun #siliconvalleybank #creditrisk #contagion #bank

Published: 23rd Mar 2023 01:00:05   By: World Economic Forum

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Published: 22nd Mar 2023 01:00:39   By: World Economic Forum

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Published: 22nd Mar 2023 12:09:19   By: World Economic Forum

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Published: 27th Mar 2023 08:43:02   By: Yahoo Finance

Economic Video: Stock market today: Dow rises on bank stocks' strength while Nasdaq falls | March 27, 2023


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Published: 27th Mar 2023 10:28:14   By: Yahoo Finance

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Published: 21st Mar 2023 02:45:15   By: FOX 5 New York

Economic Video: Chipotle to pay ex-employees $240,000 after closing Maine location that tried to unionize


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Published: 27th Mar 2023 03:47:15   By: CNBC Television

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Published: 26th Mar 2023 04:10:00   By: CNN

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Published: 23rd Mar 2023 08:00:12   By: CNN

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Published: 22nd Mar 2023 11:33:43   By: CNN

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Published: 23rd Mar 2023 02:02:34   By: CNN

Markets Finance Video: JPM's Parker Says There Could Be a Big Pop in Markets


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Published: 27th Mar 2023 07:34:50   By: Bloomberg Television

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Published: 27th Mar 2023 05:02:25   By: Bloomberg Television

Markets Finance Video: First Citizens Deal Leads to Regional Banks Rally


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First Citizens BancShares Inc. agreed to buy Silicon Valley Bank after a run on deposits wiped out the company in the biggest US bank failure in more than a decade. Shares of regional banks rallied on the news. Bloomberg's Kailey Leinz and Annmarie Hordern report. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en

Published: 27th Mar 2023 03:22:08   By: Bloomberg Television

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Seema Shah, Principal Asset Management's chief global strategist, says the risk of recession has increased in light of the recent banking turmoil during an interview with Alix Steel and Guy Johnson on "Bloomberg Markets." Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en

Published: 27th Mar 2023 03:04:34   By: Bloomberg Television

Markets Finance Video: Not Much Attractive in US Market, Principal's Shah Says


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"This is a time to look outside the US," Principal Asset Management Chief Global Strategist Seema Shah says during an interview with Alix Steel and Guy Johnson on "Bloomberg Markets." Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en

Published: 27th Mar 2023 03:10:37   By: Bloomberg Television

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Mon, 27 Mar 2023 15:50:00 GMT “John Blake at CNN wants you to get really upset about the use of ‘digital blackface,’ which he describes ... “In a free market, consumers would get to choose the products to buy based on cost and ...

Digital Content Market by Product Type and Consumers-2031

Mon, 27 Mar 2023 14:57:00 GMT The digital content industry refers to the industry that uses information technology to produce digital products or services. It can be divided into eight areas, including digital games, computer ...

Don’t Leave Behind Cybersecurity in Your Digital Transformation

Mon, 27 Mar 2023 12:11:00 GMT You have invested in point products that solve particular problems. But this strategy has left your team bogged down with convoluted policy controls, tools that don’t integrate well and a disconnected ...


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