1) The Power of Digital Products
Selling digital products through online product launches is a great way to make money online. The best part is that you don’t even need a big wad of cash to get started – the internet marketing game is low cost, with sky-rocketing profits.
Product launches can bring in lots of revenue within just a few minutes. Millions of people are on the internet at any given time and these people are only a few clicks away from purchasing your product Because of this, it is insanely easy for your earnings to snowball within the first couple of hours of your launch.
Once you create your digital product, say an e-book or a set of video tutorials, all you need to do is promote your product launch and list it on online marketplaces. Then sit back and watch as people purchase your product.
And with the help of autoresponders and virtual assistants, all the follow up work can be automated so you’ll have more time to spend doing the things you love.
Yes, some time and effort will have to go into setting up your product launch. You’ll need to conduct market research, find affiliate marketers and set aside a good amount of time writing your sales letter and promotional e-mails, but once you get that initial work out of the way, you can truly enjoy the perks of a passive income stream.
Product launches also give you the opportunity to make the most out of your other products as well. If you know how to properly integrate and plan a sales funnel, you can look to increase your passive income phenomenally!