I make $16,000/month selling digital products.
I started 2 years ago with $0.
Here's my 10-step framework to make money online:
Step 1: Choose Your Niche.
What you need to do first is to look out for profitable niches and choose one. Then do market research.
Look out for existing competitors - it's a good sign to see them - means there will be a market for your product.
Step 2: Build Your Brand.
Decide whether you want to go with a personal or business brand.
Choose a name and define your brand message. Create branding visuals - develop a consistent visual style that reflects your brand message.
Building a strong brand is essential.
Step 3: Create Free Products.
Don't ever dive into your paid product first. You need to know if it's even worth it at first.
How? Platforms like @Gumroad have a "pay as you want" function. Create a free product and see how it goes.
Step 4: Grow your audience.
• Analyze what works best for others
• Always think about the value
• Start communicating and engaging on social media
• Build connections and make friends
• Share your free product with your audience
...and most importantly - stay consistent.
Step 5: Start email marketing.
Choose a tool and start communicating consistently.
Your newsletter should be more than just a promotional tool.
It should provide valuable insights, tips, and strategies that your audience can use to improve their lives or businesses.
Step 6: Create your paid product.
If your free product was a success you're off to a great start.
Now it's time to turn that free product into paid one. Use the feedback you received from your audience to create a paid product that offers even more value.
Step 7: Build your landing page.
Your landing page is the gateway to your paid product, so it's important to get it right.
Choose the platform, and use persuasive copy, high-quality images, videos and social proof to build trust and encourage conversions.
Step 8: Drive traffic to your product page.
Remember, no traffic = no sales.
• Plug your paid product on social media.
• Start blogging on your niche relating topics.
• Send email from your newsletter.
• Leverage the channels you’ve already pre-built.
Step 9: Automate.
To make the process of selling digital products easier, consider automating as much as possible.
For example:
• Build your email sequence to automate email sending.
Step 10: Test and Optimize.
Finally, it's important to continually test and optimize your digital product and marketing strategy to improve your results.
• Do A/B testing to check what performs better.
• Regularly check your analytics and how everything is performing.
I hope you've found this thread helpful.
Follow me @Modest Mitkus for more.
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