What is a digital product?
This is the type of product that you can see, hear, but not touch. These could be handwriting products like ebooks, online training courses; That can be audio products (audio) recorded into audio books, reading stories, music, ...; Digital products can also be videos sharing knowledge and entertainment in all areas of life.
Common types of digital products
Online or offiline courses
Software / tools
Hosting and domain
How to make money with digital products
Digital marketing is marketing (promoting) an existing digital product.
Digital products business involves investing your initial capital to buy or create digital products before you go into the process of marketing (promoting) digital products.
The reason you choose to market or sell digital products
When choosing a digital product for affiliate marketing, you have great benefits that the physical product does not have. As follows :
Commissions are high
This is probably one of the top priorities when you want to do affiliate marketing. Digital products are created (or redeemed) once and sold digital products forever so the product creators are willing to pay you very high commissions (usually between 30% and 80%) if you help them. selling digital products. Meanwhile, if doing affiliate marketing with physical products, the commission usually does not exceed 20%.
Easy and quick payment to help you increase conversions
When purchasing digital products, the payment is usually traded online through a bank account or electronic wallet.
With just one click, the payment is complete and customers can use the product. Meanwhile, if customers purchase physical products it will take several days for delivery. During that time, customers can cancel their order at any time.
No need to invest in a digital product store in the field
As you already know, the goal when doing affiliate marketing is to get customers to access your affiliate link.
Digital products are usually stored on the website but there are no stores in the field, so customers who want to buy digital products have to visit a certain website to search and buy products. This is your chance to share affiliate links with customers. Meanwhile, with physical products, customers can buy in field stores.
Not to mention if a customer has access to your affiliate link, but orders it by calling the provider, the commission will not be charged to you.
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