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5 Benefits Of Starting A Digital Product Business In 2019 - Business - Nairaland

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Do You Want To Start A Profitable Ebook/Digital Product Business? / 3 Advantages Of Starting Small As An Entrepreneur / 5 Benefits Of Being An Entrepreneur (2) (3) (4)

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5 Benefits Of Starting A Digital Product Business In 2019 by solutionfort: 4:05pm On Jan 17, 2017
Hi Nairalander,

If you're looking for a business model that allows you to generate genuinely passive income and to make a lot of money in the process, then a digital product business might just be right for you. Digital products are products that exist solely in a digital format and include the likes of software, eBooks, e-courses and computer games. They also just so happen to offer perhaps the best business opportunity of any type of product, so read on to find out what makes them such a great choice for making money online.

1 No Overheads
Right away, with a digital product you have no overheads. That is to say, you might have overheads initially while you're developing your product but from that point on you will then be able to sell as many copies as you like with no need to pay for materials or anything else. Every sale will be 100% profit which can't really be said about any other business model.

2 It's Truly Passive

Of course some services are also like this. If you are a writer or web designer for instance, then you probably won't have to spend any money to make money and that means that you can keep 100% profit.
But where a service business falls down is in the fact that you will be exchanging your time for money. This in turn means you'll need to constantly be available at specific times of day and you might even need to travel.
A digital product though is truly passive. Once you have set up an online store and you have people visiting your site, you can make money while you sleep or while you're on holiday somewhere sunny.

3 No Stock

With a digital product you require zero digital space for stock and that means you don't need to rent a warehouse or fill your front room with books.

The next benefit will get you off your seat and hook up with this new business for explosive profit.

See details here https://profits.com.ng/creating-and-starting-a-profitable-online-business-everything-you-need/

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Re: 5 Benefits Of Starting A Digital Product Business In 2019 by Rotadbd: 3:34pm On Sep 03, 2017
I truly appreciate ur views and I took the bold step... Will you please encourage me so I can encourage others?

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