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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.



YouTube Business News Playlists

IMF Video: Outlook for the Global Economy and Policy Priorities

Outlook for the Global Economy and Policy Priorities
Play Video: Outlook for the Global Economy and Policy Priorities


Kickstarting the 2024 IMF-World Bank Spring Meetings, IMF Managing Director Kristalina Georgieva will deliver a speech about the global outlook and key priorities facing the world, and have a discussion with Atlantic Councils’ President and CEO Frederick Kempe.

Published: 12th Apr 2024 04:39:39   By: IMF

IMF Video: Expanding Frontiers: Fiscal policies for innovation and technology diffusion

Expanding Frontiers: Fiscal policies for innovation and technology diffusion
Play Video: Expanding Frontiers: Fiscal policies for innovation and technology diffusion


The use of industrial policy is on the rise. Countries are adopting such policies amid security concerns and the need to revive growth and decarbonize their economies. However, experience shows industrial policy is prone to policy mistakes and elevated fiscal costs. This chapter will examine the role of fiscal policies in promoting innovation and technology diffusion, focusing on how to design policies to drive productivity growth and accelerate the green and digital transitions at a time when governments have limited fiscal room and medium-term growth prospects are weak.

Published: 11th Apr 2024 01:35:44   By: IMF

IMF Video: Slowdown in Global Medium-Term Growth: What will it take to turn the tide?

Slowdown in Global Medium-Term Growth: What will it take to turn the tide?
Play Video: Slowdown in Global Medium-Term Growth: What will it take to turn the tide?


What factors are constraining global growth, and what actions can policymakers take to improve medium-term prospects? Join us on April 10, at 8:00 AM ET for a conversation with the IMF’s Nan Li, Diaa Noureldin, and the New York Times’ Jeanna Smialek on our latest research. https://www.imf.org/en/Publications/WEO/Issues/2024/04/16/world-economic-outlook-april-2024

Published: 11th Apr 2024 12:53:43   By: IMF

IMF Video: Trading Places: Real Spillovers from G20 Emerging Markets

Trading Places: Real Spillovers from G20 Emerging Markets
Play Video: Trading Places: Real Spillovers from G20 Emerging Markets


Economic spillovers from G20 emerging market economies, especially China, have increased significantly and are now comparable to spillovers from advanced economies. In a conversation with the Council on Foreign Relations, IMF economists discuss new research. Read the report here. https://www.imf.org/en/Publications/WEO/Issues/2024/04/16/world-economic-outlook-april-2024 Speakers: Brad W. Setser, Whitney Shepardson Senior Fellow, CFR Andrea Presbitero, Research Department, International Monetary Fund Andrés Fernandez Martin, Senior Financial Sector Expert, International Monetary Fund

Published: 10th Apr 2024 12:52:36   By: IMF

IMF Video: Leveraging Fiscal Rules and Frameworks to Navigate Today's Fiscal Challenges

Leveraging Fiscal Rules and Frameworks to Navigate Today
Play Video: Leveraging Fiscal Rules and Frameworks to Navigate Today's Fiscal Challenges


Fiscal Forum, April 2024

Published: 6th Apr 2024 12:10:18   By: IMF

World Economic Forum Video: Manufacturing's Moonshots Are Landing... Are You Ready for the Next Wave? | Davos 2024

Manufacturing
Play Video: Manufacturing's Moonshots Are Landing... Are You Ready for the Next Wave? | Davos 2024


As breakthrough technologies such as nanomachines and AI for demand-planning and forecasting are set to achieve industrial scale and viability, the industry is preparing for the next generation of manufacturing technologies on the horizon to drive innovation, productivity and growth. What are the manufacturing moonshots likely to transform business and industry, impacting economies and societies? 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. The 54th Annual Meeting of the World Economic Forum will provide a crucial space to focus on the fundamental principles driving trust, including transparency, consistency and accountability. This Annual Meeting will welcome over 100 governments, all major international organizations, 1000 Forum’s Partners, as well as civil society leaders, experts, youth representatives, social entrepreneurs, and news outlets. 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 #Davos2024 #WorldEconomicForum #wef24

Published: 12th Apr 2024 11:00:20   By: World Economic Forum

World Economic Forum Video: Live from the Deep Sea | Davos 2024 | World Economic Forum

Live from the Deep Sea | Davos 2024 | World Economic Forum
Play Video: Live from the Deep Sea | Davos 2024 | World Economic Forum


Below the ocean surface is a world that is vast, distant and alien. We are now able to understand and explore more of this realm with technology. Join Caribbean marine biologist and explorer Diva Amon live from a deep-sea submersible examining the health of Mesophotic coral reefs off the coast of the Seychelles. She is joined by prominent experts and industry leaders to explore the potential of technology and how it can be harnessed to better steward ocean health. 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. The 54th Annual Meeting of the World Economic Forum will provide a crucial space to focus on the fundamental principles driving trust, including transparency, consistency and accountability. This Annual Meeting will welcome over 100 governments, all major international organizations, 1000 Forum’s Partners, as well as civil society leaders, experts, youth representatives, social entrepreneurs, and news outlets. 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 #Davos2024 #WorldEconomicForum #wef24

Published: 11th Apr 2024 11:00:30   By: World Economic Forum

World Economic Forum Video: A Conversation with 2024 Crystal Awardee Nile Rodgers | Davos 2024 | World Economic Forum

A Conversation with 2024 Crystal Awardee Nile Rodgers | Davos 2024 | World Economic Forum
Play Video: A Conversation with 2024 Crystal Awardee Nile Rodgers | Davos 2024 | World Economic Forum


A conversation with multiple Grammy Award-winning songwriter, composer, guitarist and 2024 Crystal Award honouree Nile Rodgers on empowering young people globally to shape humanity’s new future. 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. The 54th Annual Meeting of the World Economic Forum will provide a crucial space to focus on the fundamental principles driving trust, including transparency, consistency and accountability. This Annual Meeting will welcome over 100 governments, all major international organizations, 1000 Forum’s Partners, as well as civil society leaders, experts, youth representatives, social entrepreneurs, and news outlets. 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 #Davos2024 #WorldEconomicForum #wef24

Published: 10th Apr 2024 11:00:20   By: World Economic Forum

World Economic Forum Video: The World in Numbers: Gender Parity | Davos 2024 | World Economic Forum

The World in Numbers: Gender Parity | Davos 2024 | World Economic Forum
Play Video: The World in Numbers: Gender Parity | Davos 2024 | World Economic Forum


At the current pace of change, it will take 131 years to achieve full gender parity. This session delves into the current state of gender equality and the most promising pathways to accelerate gender equality in public and private sectors. 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. The 54th Annual Meeting of the World Economic Forum will provide a crucial space to focus on the fundamental principles driving trust, including transparency, consistency and accountability. This Annual Meeting will welcome over 100 governments, all major international organizations, 1000 Forum’s Partners, as well as civil society leaders, experts, youth representatives, social entrepreneurs, and news outlets. 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 #Davos2024 #WorldEconomicForum #wef24

Published: 9th Apr 2024 11:00:07   By: World Economic Forum

World Economic Forum Video: It's cheaper to save the world than destroy it: author Akshat Rathi on Climate Capitalism

It
Play Video: It's cheaper to save the world than destroy it: author Akshat Rathi on Climate Capitalism


“Climate Capitalism is an antidote to the dominant narrative that because we’ve ignored the climate crisis for so long, it will soon be too late. While it’s true that we’ve not done enough yet, we’re nowhere close to being too late.” So says Akshat Rathi (https://akshatrathi.com/book/) , Bloomberg’s senior climate reporter and host of the podcast Zero, in his new book Climate Capitalism, which looks at ways business and industry and finance can make, and in some cases are making, real progress on climate change. Mentioned in this episode: Global Risks Report 2024 (https://www.weforum.org/publications/global-risks-report-2024/) Links: World Economic Forum Centre for Nature and Climate  (https://centres.weforum.org/centre-nature-and-climate/home) Related podcasts: Geopolitics, the equitable transition, and AI: things to look out for in energy in 2024 (https://www.weforum.org/podcasts/radio-davos/episodes/energy-2024-roberto-bocca-john-defterios/) Davos 2024: Transforming Energy Demand (https://www.weforum.org/podcasts/agenda-dialogues/episodes/davos-2024-transforming-energy-demand/) Reach your changemakers: Arctic Basecamp's Gail Whiteman and Rainn Wilson (https://www.weforum.org/podcasts/meet-the-leader/episodes/arctic-basecamp-rainn-wilson-gail-whiteman/) 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: 9th Apr 2024 08:39:23   By: World Economic Forum

Economic Video: Dimon says JPMorgan Chase's numbers are strong, but warns of future threats in earnings report

Dimon says JPMorgan Chase
Play Video: Dimon says JPMorgan Chase's numbers are strong, but warns of future threats in earnings report


JPMorgan Chase beat expectations in the first quarter of 2024, reporting an increase in both profits and revenues. CEO Jamie Dimon says the numbers are strong, but he warns that uncertainties like inflation and war pose potential threats for the future. CBS News contributor Javier David has more. CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews Watch CBS News: https://cbsnews.com/live/ Download the CBS News app: https://cbsnews.com/mobile/ Follow CBS News on Instagram: https://instagram.com/cbsnews/ Like CBS News on Facebook: https://facebook.com/cbsnews Follow CBS News on Twitter: https://twitter.com/cbsnews Subscribe to our newsletters: https://cbsnews.com/newsletters/ Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h For video licensing inquiries, contact: licensing@veritone.com

Published: 12th Apr 2024 06:03:57   By: CBS News

Economic Video: Oil Rises to October High, Consumer Sentiment, U.S Bank Earnings | Bloomberg Intelligence

Oil Rises to October High, Consumer Sentiment, U.S Bank Earnings | Bloomberg Intelligence
Play Video: Oil Rises to October High, Consumer Sentiment, U.S Bank Earnings | Bloomberg Intelligence


Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF (http://bit.ly/3vTiACF). Alex Longley, Bloomberg Oil Trader Reporter, discusses oil prices jumping as Israel braces for a possible attack from Iran. Joanne Hsu, University of Michigan Surveys of Consumers Director, discusses the latest consumer sentiment data. Alison Williams, Bloomberg Intelligence Senior Analyst, Global Banks and Asset Managers, discusses U.S bank earnings. Hessam Nadji, CEO of Marcus & Millichap, joins to discuss recent U.S economic data, and the latest in commercial real estate. Aaron Jagdfeld, CEO of Generac (NYSE:GNRC) discusses the growing imbalance of energy supply Hosts: Alix Steel and Molly Smith See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Paul Sweeney and the Bloomberg News team cover the day's market action, with analysis from Bloomberg Intelligence analysts, Bloomberg Opinion writers and influential newsmakers. Watch us LIVE on YouTube: https://youtube.com/live/f39oHo6vFLg Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts Listen to more Bloomberg Intelligence: https://www.youtube.com/playlist?list=PLe4PRejZgr0MfvtfGTYQIno9T-8l8nKFv #News #Markets #Bloomberg #Podcast #Business #Finance Visit us: https://www.bloomberg.com/podcasts Follow Bloomberg Podcasts on Twitter: https://twitter.com/podcasts Visit our other YouTube channels: Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake For coverage on news, markets and more: http://www.bloomberg.com/video

Published: 12th Apr 2024 07:41:29   By: Bloomberg Podcasts

Economic Video: Big banks report a mixed bag of earnings results | REUTERS

Big banks report a mixed bag of earnings results | REUTERS
Play Video: Big banks report a mixed bag of earnings results | REUTERS


First-quarter earnings season kicked off Friday as JPMorgan Chase, Wells Fargo, Citigroup all reported. BlackRock, the world’s largest asset manager, said its total assets hit a record $10.5 trillion in this quarter. #News #banks #earnings #Reuters #Newsfeed Read the story here: https://reut.rs/4aUwp2H 👉 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: 12th Apr 2024 06:20:38   By: Reuters

Economic Video: USPS to raise prices this year

USPS to raise prices this year
Play Video: USPS to raise prices this year


The USPS will be upping their prices starting July 14, 2024. Some Mankato businesses spoke on how they will soon be impacted. For more Local News from KEYC: https://www.keyc.com/ For more YouTube Content: https://www.youtube.com/channel/UC5AfyaZjWjROmwQ-Rxwq7YA

Published: 11th Apr 2024 08:36:58   By: KEYC News Now

Economic Video: Bankman-Fried appeals FTX fraud conviction | REUTERS

Bankman-Fried appeals FTX fraud conviction | REUTERS
Play Video: Bankman-Fried appeals FTX fraud conviction | REUTERS


Sam Bankman-Fried, facing the prospect of spending much of his adult life behind bars, appealed his conviction and 25-year prison sentence for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded #News #sambankmanfried #ftx #Reuters #Newsfeed Read the story here: https://reut.rs/3xFXeJE 👉 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: 12th Apr 2024 07:27:00   By: Reuters

Business Video: Boeing 737-800 engine cover falls off during Southwest flight

Boeing 737-800 engine cover falls off during Southwest flight
Play Video: Boeing 737-800 engine cover falls off during Southwest flight


A Houston-bound Boeing 737-800 plane operated by Southwest Airlines returned safely to Denver International Airport on Sunday after an engine cover fell off and struck the wing flap, according to the Federal Aviation Administration. The agency said it will investigate. In recorded air traffic control audio, one of the pilots said that “several passengers and flight attendants heard something loud hit the wing.” In a statement to CNN, Southwest said passengers would take another plane to Houston and would be approximately three hours behind schedule. “We apologize for the inconvenience of their delay but place our highest priority on ultimate Safety for our Customers and Employees,” the statement said. Southwest said no injuries were reported. Boeing declined to comment and referred CNN to Southwest for information about plane and fleet operations. #boeing #CNN #News

Published: 8th Apr 2024 12:10:48   By: CNN

Business Video: Ne-Yo on AI impact on music: 'How is it creative to mimic me?'

Ne-Yo on AI impact on music:
Play Video: Ne-Yo on AI impact on music: 'How is it creative to mimic me?'


Grammy award-winning artist Ne-Yo joins CNN's Laura Coates to discuss the impact of artificial intelligence on the music industry. #CNN #News

Published: 5th Apr 2024 11:00:07   By: CNN

Business Video: Fallon rips Trump’s Truth Social stock plunge

Fallon rips Trump’s Truth Social stock plunge
Play Video: Fallon rips Trump’s Truth Social stock plunge


Late night host Jimmy Fallon poked fun at former President Donald Trump after shares of stocks in his social media platform, Truth Social, plunged over an SEC filing that revealed the company lost millions in revenue in 2023. #cnn #news

Published: 2nd Apr 2024 09:56:55   By: CNN

Business Video: Tesla sales plunge far more than expected

Tesla sales plunge far more than expected
Play Video: Tesla sales plunge far more than expected


Tesla posted its first annual drop in sales since the first year of the pandemic, as increased electric vehicle competition from Chinese and Western automakers ate into demand. #CNN #News

Published: 2nd Apr 2024 05:44:37   By: CNN

Business Video: Trump’s net worth drops more than $1 billion in one day

Trump’s net worth drops more than $1 billion in one day
Play Video: Trump’s net worth drops more than $1 billion in one day


Shares of Truth Social owner Trump Media & Technology Group plunged after the company disclosed that it lost more than $58 million and generated very little revenue in 2023. Former President Donald Trump is the company’s majority shareholder, and his net worth tumbled by more than $1 billion as a result. #CNN #News

Published: 2nd Apr 2024 05:37:09   By: CNN

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