What Are Digital Products and How Do You Create Passive Income with Them?
If you're ready to turn your ideas into income without overwhelm of traditional business models, digital products might just be your new best friend. But what exactly are digital products, and how can they help you generate passive income? Let's dive into it below.
Understanding Digital Products
Digital products are essentially goods or services that are delivered digitally, without the need for physical inventory. Think e-books, online courses, templates, printables, and even software — all created once and sold repeatedly. They're the ultimate in scalability and flexibility, perfect for busy moms like us who want to build a business on our terms, time availability and flexibility!
Digital products open up the doors to endless opportunities and creativity and can fit any niche
Creating Passive Income with Digital Products
Picture this: Getting payment notifications while you're sleeping or spending time with your kids? That's what digital products can eventually get you to - passive income. Once you've created and set up your digital products, they can be sold over and over again with minimal effort on your part. So that you can just focus on growing your business and making memories with your babies!
Whether it's a guide to meal planning, a course on starting a side hustle, or beautifully designed printables for organizing, the possibilities are really endless. You can turn your knowledge, your expertise, your experiences and your story into a digital product today!
Now you might be thinking that you don't have the time to create a digital product from scratch and this is where ready made digital products come into play! but before we go into the details of that, let me go over some terms that you may / may not have heard before:
Now, if you aren’t familiar with these terms , I know they might sound a little “techy,” but trust me, they’re simpler (and more powerful) than you think. Here’s the scoop:
- MRR means you can resell something and keep 100% of the profits. It’s like having your own product to sell without the headache of creating one from scratch.
- PLR allows you to customize, rebrand, and sell the content as your own. You can tweak the designs, add your personal touch, and voilà—you’ve got a product that’s uniquely yours! again skipping the countless hours of creating it from scratch.
Ready-Made Digital Products: Your Shortcut to Success
Ready made digital products are honestly your shortcut to success, especially when balancing family life and work. These are pre-designed templates, courses, or content packs that you can customize and sell as your own so that you have a base to start from. It saves you time and allows you to focus on marketing and growing your business rather than starting from square one.
As a mom of 3 and entrepreneur for 10+ years, I totally get the overwhelm, the desire to bring in income but still remain completely available and present for your kids and this was my mission behind creating BOSS mom era to provide you with both plr and mrr products that you can start selling now and build your online business without the burnout and suited for all budgets!
If you are just starting out visit our ''start your business category'' which will have all the essentials
If you are looking for resources to grow your business and get more sales then click here
Lastly if you want to view all the digital products (mrr or plr) that you can resell click here