7 Digital Product Ideas to Start Now (That Could Earn You Big Money)
Today, I’ll be sharing seven digital product ideas that you can start right away. One of these ideas has helped a 20-year-old earn as much as $75,000 in a single month—and because it’s a digital product, he kept over 93% of the profits.
In this article, I’ll include secret tips and tricks for each idea, so don’t skip any part. One small tip could change your entire game. Let’s dive in!
1. Real Estate Templates on Etsy
Take a look at the Etsy store Lola Paper Center. By using a tool like Everbee, you’ll see that one of their products is making $330,000 a month. That’s from selling digital real estate templates—editable designs that real estate agents use for marketing and social media posts.
Here’s a breakdown:
- The template is listed at $33.
- Let’s estimate sales at 300 units a month, which equals $10,000 in revenue (conservatively).
- If the product is on sale 50% of the time, you can still assume a monthly revenue of $2,000 to $30,000.
This store has only 23 listings and was started just last year. Yet, it’s already thriving because it caters to a specific niche with high demand and less competition.
Why Real Estate Templates Work:
- Real estate agents are busy professionals who rely on pre-made templates to save time.
- Templates can include social media posts, newsletters, brochures, and more.
How You Can Start:
- Use Canva: It offers pre-made templates you can customize.
- Hire a designer from Fiverr or Upwork: If you have some budget, hire a freelancer to create unique designs for you.
Since digital products only require an upfront investment, you can sell them an unlimited number of times with minimal ongoing effort.
2. System Templates (Notion and ClickUp)
System templates have exploded in popularity, and Notion templates are leading the charge. Take Islo, for example:
- At just 20 years old, he earned $200,000 in 2022 selling Notion templates.
- In January alone, he made $75,000 by selling on platforms like Twitter instead of Etsy.
Another success story is Thomas Frank, who sold $1 million worth of Notion templates in 2022.
Getting Started:
- Choose a platform like Notion or ClickUp.
- Learn to create templates through YouTube tutorials.
- Build an audience by sharing free tips and tricks on social media.
While it takes time to grow an audience, success is possible if you stay consistent and provide value to your followers.
3. AI Personalities (Karen AI)
This idea is cutting-edge and might not be for everyone, but it shows what’s possible with AI in 2023. Meet Karen Marjorie, an influencer who created an AI version of herself called Karen AI.
Here’s what she did:
- She charges $1 per minute for fans to talk to her AI version.
- In the first week of beta testing, she earned $72,000.
How It Works:
Karen partnered with a company called Forever Voices, which uses ChatGPT to create AI personalities. Karen recorded 2,000 hours of content, allowing her AI to replicate her voice and personality.
While creating an AI personality may not be feasible for everyone, it demonstrates the potential of digital products that scale infinitely.
4. Lightroom Presets
Lightroom presets are digital filters that can transform images with a single click. Catherine Dream, an Etsy seller, earns $39,000 per month selling presets.
Why Lightroom Presets Are Lucrative:
- They save time for photographers and social media users.
- Trends in photo editing continue to rise, ensuring long-term demand.
How to Start:
- Choose a niche, such as wedding, travel, or baby photography.
- Learn to create presets using Lightroom (tutorials are widely available online).
- List your presets on Etsy to tap into its existing audience.
To scale, consider promoting your presets on Instagram or TikTok by sharing before-and-after photos to attract buyers.
5. Website Templates
Small businesses and individuals often use website templates to save money and time. Platforms like Wix, Shopify, Webflow, and Squarespace offer customizable templates that simplify the design process.
Success Story:
In 2020, a seller from 23and9 Creative sold 70 templates a month, with prices ranging from $130 to $200 each. That’s between $10,000 and $14,000 monthly revenue, and this was three years ago!
How to Start:
- Hire a designer from Fiverr to create unique templates for you.
- List your templates on Etsy or build a Pinterest profile to promote them.
To scale, you can create a masterclass teaching others how to design templates, just like Chelsea, who now earns by teaching her methods.
6. Digital Masterclasses
A masterclass is an online course focused on teaching a specific skill. For example, if you’ve mastered a niche, such as creating website templates, you can monetize your expertise by selling a course.
Why Masterclasses Work:
- They are scalable, with no inventory or shipping costs.
- People are willing to pay for valuable knowledge.
Getting Started:
- Outline a course based on your expertise.
- Use platforms like Teachable or Udemy to host your masterclass.
- Promote it through social media or email marketing.
7. AI-Driven Solutions for Loneliness
With 58% of Americans reporting feelings of loneliness, there’s a significant demand for solutions. Apps like Rent a Friend and Papa Pal are already catering to this need.
How You Can Innovate:
Leverage AI to create chatbots or virtual companions that address loneliness on a scalable level. This idea requires technical skills or partnerships with developers but has the potential for massive impact and profitability.
Why Digital Products Are the Future
Digital products offer unparalleled advantages:
- Low upfront costs: You only need to create the product once.
- Unlimited scalability: Sell infinite copies without worrying about inventory.
- High profit margins: Platforms like Etsy allow you to keep over 90% of your earnings.
Unlike physical products, which require manufacturing, shipping, and inventory management, digital products are faster and easier to launch.
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