by Marvelyn
July 11, 2024
Overview: Using Passive Income to Build Your Digital Product Business
Module Content
Download your eBook and watch this video as I go through each page of the guide. You'll learn how digital products work to help entrepreneurs like you build thriving, profitable businesses from home.
This is a great place to start brainstorming the types of products you will create. You'll receive 10 digital products you can start creating in your spare time. Upload them to your shop, promote and start earning full or part time income.
This is an episode from our podcast. Listen on the go as I walk you through the elements needed to build a digital product business. You'll also learn about digital product creators who are making substantial income from selling their products online and how they are doing it.
Digital resource guides add helpful, value added content when used a lead magnets, and bundled with other products, both digital and physical. Because they are helpful, they have a higher perceived value than other lead magnet types. Including a resource guide with a product purchase enriches the customer experience, providing added context, usage tips, and expert advice that can enhance the product’s effectiveness.
Lesson 1: What is Passive Income?
What is passive income and why is it important when starting a digital product business? You'll not only learn about active, passive and residual income, you'll learn how successful business owners use it to earn consistent income from a variety of sources.
Lesson 2: Passive Income Explained
This video training elaborates on the role of passive income in creating a thriving successful online business. Take a moment to watch it all the way through and take notes. This information will be valuable in building your digital product business, as well as any other business you decide to start.