Introduction
Are you looking for ways to generate passive income in 2024? With the rapid advancement of technology, selling digital products has become an excellent avenue for creating passive income streams. In this article, we will explore 20 lucrative digital products that you can sell to generate passive income in the coming years.
1. Ebooks
Ebooks continue to be a popular digital product. Share your knowledge and expertise by writing an ebook on a topic you're passionate about. With the right marketing strategy, ebooks can provide a steady stream of passive income.
2. Online Courses
Create and sell online courses on platforms like Udemy or Teachable. Develop courses on topics that you are knowledgeable about and cater to a specific target audience.
3. Stock Photos
If you have a knack for photography, consider selling your high-quality stock photos on platforms like Shutterstock or Adobe Stock. Online businesses and content creators are always in need of captivating visuals.
4. Graphic Design Templates
Design and sell templates for various graphic design needs such as logos, social media posts, or website banners. Many entrepreneurs and small businesses are constantly searching for professional-grade design assets.
5. Mobile Apps
Develop and sell mobile apps on platforms like the App Store or Google Play. Identify a problem or gap in the market and create an app that offers a solution.
6. Web Development Templates
Design and sell website templates for popular CMS platforms like WordPress or Shopify. Offer templates for different industries or niche markets.
7. Virtual Assistant Services
Provide virtual assistant services such as managing emails, scheduling appointments, or social media management. Leverage your organizational and administrative skills to offer valuable support to busy professionals.
8. Podcasts
Start a podcast on a topic you're passionate about and monetize it through sponsorships or advertising. With a dedicated audience, podcasts can be a lucrative source of passive income.
9. Online Artwork
Create and sell digital artwork such as illustrations, paintings, or graphic designs. Platforms like Etsy or Redbubble offer a great marketplace for artists.
10. Software Plugins
If you have programming skills, develop and sell software plugins that enhance popular software applications. Identify pain points or missing features and create plugins to solve them.
11. Music and Sound Effects
Compose and sell royalty-free music or sound effects for content creators, filmmakers, or video game developers. Platforms like AudioJungle or Pond5 can help you reach potential customers.
12. Online Coaching
Offer online coaching services in areas such as business, fitness, or personal development. Help individuals achieve their goals and provide guidance through personalized coaching sessions.
13. SEO Services
Provide SEO services to businesses looking to improve their online visibility. Optimize websites, conduct keyword research, and help clients rank higher in search engine results.
14. Social Media Management
Manage social media accounts for businesses and individuals. Create engaging content, schedule posts, and grow their social media presence.
15. Video Editing
Offer video editing services to content creators or businesses. Edit and enhance raw footage to create professional-grade videos.
16. Language Lessons
If you are fluent in multiple languages, offer online language lessons through platforms like Italki or Verbling. Help individuals learn a new language at their own pace.
17. Website Flipping
Buy, improve, and sell websites for a profit. Identify websites with potential, make necessary improvements, and sell them at a higher price.
18. Affiliate Marketing
Join affiliate programs and promote products or services through your website or social media channels. Earn a commission for every sale made through your affiliate links.
19. Digital Marketing Consultancy
Provide digital marketing consultancy services to businesses looking to improve their online presence. Offer expertise in areas such as SEO, content marketing, or social media advertising.
20. Webinars and Workshops
Host webinars or workshops on topics that you are knowledgeable about. Charge a fee for participants to attend and provide valuable insights and training.
Conclusion
The digital landscape offers countless opportunities to generate passive income. Whether you are a creative individual, a skilled professional, or an expert in a particular field, there is a digital product that suits your skills and interests. Choose one or more of these 20 digital products to sell in 2024 and start building your passive income streams today!
With that said, here are 20 Digital Products to sell on Etsy in 2024👊
1. Digital Cards
Don't just think Christmas Cards for this one. Cards are needed year around and for all kinds of occasions. Happy Birthday cards, Mother's Day cards, Father's Day cards, condolences cards, congratulatory cards, graduation cards, etc. People love these because it allows them to print as many as they need for their mailing list instead of just what is usually sold in stores in packs of 10 cards. The can very easily be created in something like Canva or Kittl if you do not have a digital design background.
2. Digital Papers and Patterns
Crafters and journaling buyers are always on the lookout for new background papers they can snip and add to their projects. A common Etsy shop practice is bundle a few patterns in a specific theme so they can purchase a few that coordinate with each other. www.Digitalproductsplr.store is a wonderful and affordable place to find commercial use designs and clipart to be used in your pattern designs and I would still create them in Kittl as it is extremely user-friendly even for someone like me with no digital design background.
3. Sewing/Crochet/Knitting/Embroidery Patterns
Sewing, crocheting, and knitting are becoming wildly popular again and if you are a master at one of these crafts you should definitely be selling your patterns if you are able to make them!
4. Wedding Invitations and Announcements
People get married every day, all day, every year. This types of designs in this category is endless because everyone always has a different theme and they constantly change from year to year. If I was creating in the category, Canva would be my go-to!
5. Website Design Templates
Maybe your career is in the field of some type of IT or software development (definitely not one of my strengths). Website templates are up and coming on Etsy with relatively low competition so now would be a good time to enter this market. I would also consider this a "high-ticket" digital item since most I've seen on Etsy seem to over the $100 dollar mark.
6. Printable Meal Planners
It seems a new diet or eating trend comes out every day and buyers continue to search for meal planners to simplify their busy lifestyles and shopping habits. Meal planners could even be created easily on a free platform like Google Docs, though if you wanted to make it a little more aesthetically pleasing, I would go with, you guessed it, Canva.
7. Fonts
This is something I've always wanted to learn to create, but alas the time to do everything is not there. :) Fonts do very well on Etsy and other great marketplaces like Creative Fabrica or Creative Market.
8. Real Estate Marketing Materials
In my keyword research searches on Erank and Everbee, my two most favorite Etsy keyword research tools, I've seen such a huge surge for phrases related to printable and digital marketing materials for real estate agents. These would also be very easy to create in Kittl!
9. E-Books
Do you have any type of knowledge or specialty others would like to learn about? Write an e-book about it! There are so many skills people overlook and don't believe people would pay to learn about and a quick search for e-books on Erank led to quite an interesting result, here are some of the top results:
credit repair ebook
jewelry ebook
wire crochet ebook
overcome anxiety ebook
recipe template ebook
10. SVG Files
SVG files are a type of design file to be used with cutting machines like the Cricut and can be text-based only if you wanted to create simple ones. Many SVG creators use programs like Adobe Illustrator or Inkscape.
11. Printable Coloring Pages
Busy parents are always looking for crafts to do to keep kids entertained and the ability to print out as many coloring pages with just one purchase is super helpful. Try to create a themed bundle of coloring pages as these seem to do the best on Etsy. If you have any type of artistic talent, Procreate would be an option or you could combine commercial use elements from Creative Fabrica if you don't know how to draw, like me :)
12. Printable Planners
Everyone needs a planner for almost anything you can think of, fitness, meals, self-care, small business, real estate, teacher, etc. The list is endless which is why planners do so well on Etsy. Canva is the place to be for printable planners, but know that the templates included on the platform cannot be sold as is. If you don't know where to start, try a PLR (private label rights, ready to uses or edit and re-sell) bundle of templates. This is the one I use on one of my own shops and I can say they are the BEST and have saved me thousands of hours of work. I simply open in Canva, edit to my brand or type of product I need and re-sell. This will save you loads of time! It's called https://www.Hottieluxeextensions.com for a reason :)
13. Printable Wall Art
Many people will say this one is saturated; however, I disagree as there is always a new trend on the horizon and art created for it. In 2022, we saw the rise of retro fonts and colors and designs and the printable wall art category exploded. Keeping on top of rising trends with tools like Erank or Everbee will help you stay ahead of the game with this category! And as usual, I have always created my printable wall art in Canva.
14. T-Shirt or Sweatshirt Designs
Since the rise of Print on Demand on Etsy, the need for digital designs specifically for apparel has dramatically increased. If you are good at researching and following trends, designing t-shirt designs for POD sellers could be the one for you since this revolves around picking up on what's on trend at the moment. If you are not a designer, I would highly recommend checking out Printify .
15. Airbnb Welcome Book Template
This one was green across the board when looking at the numbers in Erank (meaning it's definitely a winner, there was high search volume, high click-through rate, and low competition!) This particular product seems to be on an upward trend since the rise of Airbnb and VRBO and people seemingly prefer renting houses vs. hotels.
16. Chip Bag Template
I had to throw this one in there just because I thought it was funny that this was such an in-demand product, but it goes to show you that the possibilities are endless with the types of digital products you can create. If I were creating something like this, I would build an entire store around party-themed necessities that could be printables.
17. Resume Templates
These are a staple of the digital product industry and the search volume and competition will be based on the type of program the buyer wants the resume template in and as a creator that means there are several options to create in such as Microsoft Word, Google Docs, Canva, etc.
18. Bible Journaling Printable
Theses are a highly sought after digital product on Etsy because buyers are always looking for new pages to add to their Bible journals. You could create ones around certain topics or verses and these are usually very simple designs since they are text-based with lots of space for the user to add their own thoughts.
19. Christmas Ornament Designs
While this item is mostly seasonal, the amount of traffic and sales it brings in during the last three months of the year could be a full-time income. You could even step it up a notch and crush the competition by offering personalized ornament designs as new couples and buyers with brand new babies love these types of options, though you would need to dedicate more time fulfill these orders or have a VA help during this time.
20. Mini-Courses
This one is kind of like an e-book, but maybe instead of writing about your particular area of knowledge, you are better at video or screen recording. Either way, the min-course industry is booming on Etsy, especially in the craft and handmade niches.