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?
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.
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
IMF Video: The Impact of Interest Rates on Currencies | Analyze This!
When interest rates go up, the value of a country’s currency – or your money – usually also goes up relative to other currencies. Watch Analyze This! to learn why.
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Published: 18th Mar 2023 12:30:19 By: IMF
IMF Video: The Political Economy of Reforms in Africa | Africa Perspectives
African countries need economic reform, but how to do this even as they tackle high inflation, food insecurity, and climate change?
Watch this episode of Africa Perspectives to explore some possible answers. IMF’s Abebe Aemro Selassie and Georgetown’s Ken Opalo delve into the political economy of economic reform, and attempt to identify lessons to help design, adopt, and implement successful policy reforms.
Some questions for discussion include:
-How do politics and existing institutions shape Africa’s priorities?
-What are and what distinguishes successful reforms?
✉️ Send your questions to: AfricaPerspectives@imf.org or #AfricaPerspectives
More here: http://www.imf.org/AfricaPerspectives
Published: 14th Mar 2023 01:18:23 By: IMF
IMF Video: What is a Central Bank? | Back to Basics
What exactly do central banks do? F&D’s latest Back to Basics video explains what some of their responsibilities are, and why they matter.
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Published: 4th Mar 2023 01:30:32 By: IMF
IMF Video: What Lies Ahead for the Global Economy? | Charts in Motion
The global economy is expected to slow down, but there are also signs of resilience. Watch our latest Charts in Motion video to get the latest growth projections for the world economy. For background read our blog: https://bit.ly/3RdWOAb
Published: 19th Feb 2023 01:15:03 By: IMF
World Economic Forum Video: NASA's Space Based Pollution Monitor & Will Chatbots Take Our Jobs? | WEF | Top Stories of the Week
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."
_____________________________________________
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Published: 25th Mar 2023 01:00:25 By: World Economic Forum
World Economic Forum Video: Sheep are replacing pesticides in Pompeii
Showing how sustainable agriculture can help cut back on chemicals. 150 sheep have been set loose in an unexcavated area north of the main tourist site. The sheep graze on surrounding vegetation to prevent plants from damaging the ancient site as they grow. The initiative cuts back on lawnmowers and chemical weedkillers. Saving money and preserving the environment. It also provides a glimpse of how Pompeii might have looked during its first century heyday when it was dotted with woods, orchards and grazing animals. #sustainableagriculture #sheep #pompeii #grazing
Published: 24th Mar 2023 01:00:41 By: World Economic Forum
World Economic Forum Video: Bank runs, contagion and credit risk: what are they?
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
World Economic Forum Video: This helicopter is rescuing a flood victim stranded by an 'atmospheric river'
The California Highway Patrol swooped in to save a man from an island in the Salinas River after flood waters swept away his car. He was picked up and lowered into a nearby lot, shaken but uninjured. Authorities have been patrolling California’s swollen rivers and levies after an ‘atmospheric river’ storm dumped torrential rain on the region, knocking out roads and power, triggering rockslides and avalanches, and forcing thousands to evacuate
Atmospheric rivers are long, narrow jets of water vapor high up in the sky. They can absorb 15 times the volume of the Mississippi river and stretch for more than 1600 km. They act as giant pipes, funneling water from the tropics to northern latitudes. When atmospheric rivers make landfall, they release moisture as rain or snow.
Watch the video to learn more about atmospheric rivers. #atmosphericriver #california #floods #rain
Published: 22nd Mar 2023 01:00:39 By: World Economic Forum
World Economic Forum Video: Tackling the Global Water Crisis
On the eve of the first United Nations Water Conference in over 40 years, global leaders lay out why proper management of water is so essential to the future of our planet and all who live on it.
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.
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Published: 22nd Mar 2023 12:09:19 By: World Economic Forum
Economic Video: Disney CEO announces plan to lay off 7,000 employees by the start of the summer
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Yahoo Finance entertainment reporter Allie Canal breaks down Disney CEO Bob Iger's latest memo to Disney staff outlining imminent job cuts in the first half of 2023.
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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
#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #bitcoin #crypto
To get the latest markets news check out finance.yahoo.com
U.S. stocks were mixed on Monday, as bank stocks moved upward after North Carolina-based First Citizens (FCNCA) bank agreed to buy most of Silicon Valley Bank.
At the close, the S&P 500 (^GSPC) edged up 0.2% and the Dow Jones Industrial Average (^DJI) gained 0.6%. The Nasdaq Composite (^IXIC) was down by nearly 0.5%.
Bond yields got a bounce. The yield on the benchmark 10-year U.S. Treasury note rose to 3.5% Monday. WTI crude oil (CL=F) was up more than 5%, settling over $73 a barrel.
The moves Monday came after a volatile last week on Wall Street during which the Federal Reserve raised rates by 0.25% and pressures in the U.S. and European banking sectors remained in focus for investors. The major stock market indexes all tallied a winning week in the end, with the Dow Jones average gaining 1.2%, the S&P 500 rising 1.4%, and the Nasdaq Composite closing up 1.7%.
Banks will dominate the headlines again this week with the earnings and economic calendars in sight. The Senate Banking Committee will hold a hearing on bank failures on Tuesday, with the witness list including FDIC Chairman Martin Gruenberg, Federal Reserve Vice Chairman Michael Barr, and Treasury Undersecretary Nellie Liang.
Federal Reserve Vice Chair of Supervision Michael Barr wrote in a statement ahead of the hearing on Monday that the bank's failure reeked of "mismanagement."
"To begin, SVB's failure is a textbook case of mismanagement. The bank had a concentrated business model, serving the technology and venture capital sector," Barr's testimony reads.
Separately, FDIC Chairman Martin Gruenberg, said that "given the financial stability risks caused by the two failed banks, the methods for planning and carrying out a resolution of banks with assets of $100 billion or more also merit special attention, including consideration of a long-term debt requirement to facilitate orderly resolutions."
Bank sentiment gained momentum Monday morning. Regional bank stocks trading higher Monday included First Republic Bank (FRC), PacWest Bancorp (PACW), Western Alliance Bancorporation (WAL), Zions Bancorporation (ZION), and Regions Financial (RF).
Wall Street heavyweights led by JPMorgan (JPM) have been trying for more than a week to raise capital for First Republic, which included a $30 billion cash lifeline amid the failures of regional lenders Silicon Valley Bank and Signature Bank.
Meanwhile, First Citizens Bank entered into an agreement to buy all of Silicon Valley Bank’s loans and deposits, according to a Federal Deposit Insurance Corporation (FDIC) announcement. The North Carolina-based lender’s assets will nearly double following the acquisition. The 17 branches once belonging to Silicon Valley Bank will now open as First Citizens Bank branches beginning Monday. Shares of First Citizens Bank (FCNCA) rose more than 46% Monday morning.
Big bank stocks also gained, including Bank of America (BAC), JPMorgan Chase (JPM), Wells Fargo (WFC), and Citigroup (C).
On the economic front, a pulse check on the U.S. consumer will come from the Conference Board's consumer confidence measure on Wednesday. Then, at the end of the week, the most important datapoint and the Fed's preferred inflation gauge, the PCE, is set for release Friday. Economists expect personal income in February to come in at 0.3%, slightly lower than January’s read of 0.6%. Personal spending its expected to reach 0.3%, lower than 1.8% January’s reading.
Here are the trending tickers on Yahoo Finance:
Disney (DIS): The company began laying off 7,000 workers on Monday as announced earlier this year , according to a memo sent by Chief Executive Bob Iger. The cuts come as Disney jumpstarts efforts to cut corporate spending and boost cash flow.
Carnival (CCL): The cruise operator reported a smaller-than-expected quarterly loss, while beating revenue forecasts, driven by strong travel demand.
Roku (ROKU): The media platform stock got an upgrade from neutral to positive from brokerage firm Susquehanna, which cited benefits to shift of linear budgets to the connected TV.
Coinbase (COIN): Crypto-related stocks were down after the Commodity Futures Trading Commission (CFTC) filed a complaint against Binance, alleging that the company "disregard applicable provisions of the Commodity Exchange Act (CEA) while engaging in a calculated strategy of regulatory arbitrage to their commercial benefit."
On the earnings calendar, results from Micron Technology (MU), Lululemon (LULU), RH (RH) and Cal-Maine Foods (CALM) are out this week.
For more on this article, please visit:
https://finance.yahoo.com/news/stock-market-news-today-live-updates-march-27-2023-121320839.html
Published: 27th Mar 2023 10:28:14 By: Yahoo Finance
Economic Video: Publishers suing Internet Archive over e-book lending
Publishing companies have suited the Internet Archive, alleging that the Archive's e-book digital lending is actually "willful digital piracy."
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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
CNBC's Kate Rogers reports on the settlement agreement between Chipotle Workers United and Chipotle Mexican Grill. The company has agreed to pay $240,000 to the former employees of an Augusta, Maine, location as part of a settlement for closing the restaurant when workers tried to unionize. Employees at the Chipotle restaurant filed a petition to unionize under Chipotle United in late June, becoming the chain's first outlet to do so. Prior to the filing, workers had already walked out in protest of working conditions and understaffing. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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Published: 27th Mar 2023 03:47:15 By: CNBC Television
Economic Video: Virgin Orbit eyes cash lifeline, gets back to work
Billionaire Richard Branson's cash-strapped Virgin Orbit is nearing a deal for a $200 million investment from Texas-based venture capital investor Matthew Brown via a private share placement, according to a document seen by Reuters.
#News #Reuters #newsfeed #virginorbit #richardbranson #deal
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Published: 22nd Mar 2023 03:38:08 By: Reuters
Business Video: Zipline's new delivery drone comes with cute 'droid' for precise delivery
Logistics startup Zipline unveiled its newest drone, Platform 2, and aims for precise delivery with the help of a small, tethered "droid." #CNN #businessnews #dronedelivery #shorts
Published: 27th Mar 2023 08:09:11 By: CNN
Business Video: Zakaria identifies key part of Putin-Xi meeting you may have missed
CNN's Fareed Zakaria discusses the potential impact on the US dollar after Russian President Vladimir Putin announced that he favors using the Chinese yuan for financial settlements with other countries. #CNN #News
Published: 26th Mar 2023 04:10:00 By: CNN
Business Video: What happened to Vice? Why is Amazon downsizing? And should the US ban TikTok
On this week’s “Nightcap” with CNN’s Jon Sarlin, Semafor’s Max Tani explains what’s going very wrong at Vice. Fight for the Future’s Evan Greer says the US should not ban TikTok. And “Winner Sells All” author Jason Del Rey explains Amazon’s recent hiccups. To get the day's business headlines sent directly to your inbox, sign up for the Nightcap newsletter: https://cnn.it/3Ilqyqa
00:00 - Welcome to "Nightcap"
00:25 - Inside Vice Media's descent
04:43 - What banning TikTok would look like
10:03 - Turbulent times for Amazon
Published: 23rd Mar 2023 08:00:12 By: CNN
Business Video: Warren: Powell is a 'dangerous man to have in this job'
Sen. Elizabeth Warren (D-MA) joins CNN's Jake Tapper to discuss the Federal Reserve's decision to raise interest rates as it attempts to fight inflation. #CNN #News
Published: 22nd Mar 2023 11:33:43 By: CNN
Business Video: Larry Summers on Fed's latest rate hike
Stephen Parker, JPMorgan Private Bank head of specialized strategies, says if we do get a modest recession and the Federal Reserve starts to ease on raising rates, you could see a big pop in the markets no one is prepared for.
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Published: 27th Mar 2023 07:34:50 By: Bloomberg Television
Markets Finance Video: Financials have started to reprice, says Morgan Stanley's Mike Wilson
Morgan Stanley Chief US Equity Strategist Mike Wilson says some financial and consumer retailer stock valuations have declined enough to make them an attractive investment opportunity. "Financials have started to rephrase in a meaningful way -- that's one area for sure," he says on "Bloomberg Surveillance."
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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
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.
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Published: 27th Mar 2023 03:22:08 By: Bloomberg Television
Markets Finance Video: Regional Banks Are Biggest Risk: Principal Asset's Shah
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."
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Published: 27th Mar 2023 03:04:34 By: Bloomberg Television
Markets Finance Video: Not Much Attractive in US Market, Principal's Shah Says
"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."
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Published: 27th Mar 2023 03:10:37 By: Bloomberg Television
Mon, 27 Mar 2023 16:13:00 GMT Except for the medical supplies and life support products industries, most industries have been greatly impacted, and Digital Media Frame industries have also been greatly affected. In the past few ...
Mon, 27 Mar 2023 15:56:00 GMT Gaston De Arriba, VP of Network & Service Operation Dept. Telecom Argentina, discussed his team’s existing role in supporting the carrier’s digital transformation that allows new products and services ...
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 ...
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 ...
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 ...
