Introduction
This is about $883,000 in sales, and this is about $526,000 in sales. In this step-by-step tutorial, I will show you how to copy this exact same strategy, which involves seven different steps. My name is Dave Nick.
Step 1: Understanding Why This Works So Well
In 2020 alone, about 2 billion consumers purchased digital products globally. This number has likely increased since then, with $135 billion projected to be spent on digital products this year alone.
Benefits of Selling Digital Products:
- Lower overhead costs—no need for a physical store.
- Massive profit margins.
- Unlimited sales—no risk of running out of stock.
- Global impact by creating once and selling repeatedly.
Step 2: Using ChatGPT to Choose a Niche
If you have ChatGPT Plus, you can use the Niche Finder to identify profitable trends for 2024. For instance:
- Profitable Niches: AI, digital health and wellness (e.g., mental health guides).
- Less Promising Niches: Avoid NFTs and digital art, as they may lack value.
Choose your niche and secure a domain for your website at get.online, which will be discussed later in this guide.
Step 3: Selecting a Platform for Selling
The platform I’ve used to make over $883,000 is Teachable, but alternatives include:
- Gumroad.
- School (features a transparent leaderboard showing top earners).
Step 4: Choosing the Best Digital Products to Sell
To identify the best products:
- Use the Digital Product Coach within ChatGPT.
- Brainstorm product ideas (e.g., eBooks, guides, or online courses).
- Create a sample product, like an eBook on stress management techniques.
Step 5: Generating the Product Content
- Use ChatGPT tools like Book Creator Guide to generate product content (e.g., eBook chapters).
- Refine and expand the content.
- Format the content in Google Docs and download it as a PDF.
Step 6: Uploading Your Digital Product
Upload your digital product to a chosen platform, such as Teachable:
- Create the digital download.
- Add a title, description, and category.
- Upload your PDF and publish.
Step 7: Getting a Domain
Get a domain name for your business at get.online. For example, if your business focuses on mental health guides, search for relevant domain names. Using the first link in the description, you can secure a domain for $0.99 for the first year.
Step 8: Driving Traffic to Your Product
Methods to drive traffic:
- Twitter (X): Use their blog feature to post SEO-optimized articles with AI tools like SEO Writing AI.
- Include calls-to-action (CTAs) linking to your product.
- Faceless YouTube Videos:
- Example channels earning $162,000–$300,000 lifetime revenue by driving traffic to products.
Conclusion
By leveraging these steps, you can effectively create and market digital products, driving sales while minimizing costs. Start today by selecting a niche, generating content, and utilizing traffic platforms to maximize your reach.