You know something other people don’t know I exclaimed to my client!
She had spent the last one hour telling me about how she helped her friend who was diagnosed with Cancer heal herself with food. I was fascinated by the topic because I had heard stories and knew of people who had lost their lives to Cancer and I wondered if they would have had a better chance of survival if they knew what she knew.
I immediately encouraged her to create a blog and start sharing her knowledge on using food to heal yourself. She also created meal planning sessions and lectures to educate people on eating to heal themselves. She has now created her own Organic food products that is free of harmful preservatives.
Her knowledge is power and so is yours. If you are looking for ways to make money online, one of the ways is to use your knowledge and create digital products that can help you share that knowledge and people who need your knowledge would pay for it.
What are digital products? A digital product is any product you sell online that doesn’t have physical form or substance.
Why digital products?
Customers can get value for their purchase immediately they pay.
You won’t have inventory issue either surplus or deficit
You can reach people anywhere in the world
You don’t incur costs of materials like you would if it was a physical product.
How do you turn your knowledge into digital products?
Find out who needs what you know?
Who else is providing something similar?
What gap can you fill?
Why would they buy from you?
How much value would they put on the knowledge?
What is the best digital format for them?
How will you get the product to them?
What Kind of digital products can you create?
EBooks: you can write a book and people can access it digitally. You don’t need to publish hard copies of the book.
Online courses: you can pre-record a course or host a course online that people can pay and study at their own pace or attend at a certain time.
Swipe files: this is a digital product that contains some of your best tools and resources that guides people to do a certain thing. For example it could be a file that helps people know how to create an ecommerce store with steps and resources to do it.
Audio products: you can record your programs and books in audio format and people can consume these products on the go. One of the most transformational programs I have done is an audio program by Tony Robbins. I listened to it for weeks during my morning walks.
Online seminars and workshops: You can host online seminars or workshops and have other guest facilitators. People can also pay to attend the workshops.
Software: you can create a software that solves a problem and people can download your application or log into it from the internet wherever they are. I have seen applications for financial transaction, fitness, graphics etc.
Graphics and art work: if you are a good designer, you can sell your graphic designs or painting online. People can buy them and use it for their presentations or to further improve their designs.
If you are an experienced career or business professional or thought leader and want to monetize your knowledge, digital products are a good way to do it. However before you do this, you would need to get clarity on what you want to do and how to create an irresistible solution that people would pay for.
I have good news for you; after building 3 8+ figure businesses and my personal brand, I have the authority of experience to work with you to monetize your knowledge or design a business that would scale.
To know if we are a good fit to work together, you can apply for my 15 minutes free clarity call.
I would personally read all applications and let you know if you are a good fit.
Lets Rewrite Your Money Story
Have you heard a lot of financial information but still feel held back in your finances despite your hard work and best effort? You might be paying the 'Shame Tax'. Sign up and take my Free 'Shame tax audit Quiz'
Your information will *never* be shared or sold to a 3rd party.