i found 10 digital products that made $10K to $800K

Summary

In this video, Yale shares insights on 10 high-performing digital products from Etsy, each making thousands of dollars in sales. From Canva website templates to Airbnb guides, ebook templates, digital planners, and Instagram templates, Yale highlights how successful digital products address real needs and have a proven track record. She emphasizes the importance of creating high-quality, value-driven products, offering tips on bundling and niche targeting. Additionally, Yale promotes the Profit Tree tool for smarter product research and introduces free Canva templates for viewers to resell, making this video a valuable resource for aspiring Etsy sellers.

Takeaways

• 😀 High-performing digital products solve real needs and have a proven track record of sales.
• 😀 You can create your own version of successful products by improving upon them.
• 😀 Profit Tree's product research tool can help you quickly identify winning products with real-time sales data from Etsy.
• 😀 Canva website templates are in high demand, especially those that are beginner-friendly and cater to specific niches, like content creators.
• 😀 Bundling smaller related products together creates higher-ticket digital products that are more profitable.
• 😀 Quality and clarity in digital products are more important than the quantity of templates or pages.
• 😀 Budget planners and financial templates are in demand, making the finance niche a profitable area to explore.
• 😀 Digital planners for apps like GoodNotes are highly successful, with some making hundreds of thousands in sales.
• 😀 Instagram templates for specific niches (e.g., real estate) can generate significant revenue without needing to create massive quantities.
• 😀 The wedding niche, especially DIY wedding invitations, is booming, with ready-made templates offering a budget-friendly alternative for brides.
• 😀 Travel agent templates and business tools for B2B (business-to-business) markets are lucrative and continue to perform well on Etsy.

Q & A

What is the main takeaway from the video regarding successful digital products on Etsy?

The main takeaway is that successful digital products solve real problems or meet specific needs, and they should have a proven track record of sales. It’s not about creating products randomly, but finding high-demand items and creating better versions of them.

How does the presenter recommend determining the price for digital products?

The presenter suggests that you should set your own price based on the value of your product. If it's high quality and offers significant value, you can charge more, even if it seems expensive. The right buyers will see the value and be willing to pay.

What role do bundles play in maximizing sales of digital products?

Bundles allow you to sell a group of smaller items at a higher price, increasing your revenue. By combining related products, you can sell them as a bundle for a higher price point, which requires fewer sales to achieve meaningful profit.

Can you provide examples of high-performing digital products mentioned in the video?

Some examples include Canva website templates, Airbnb welcome guides, ebook templates for course creators, budget planners, digital planners for GoodNotes, Instagram templates, wedding invitation templates, and resume templates.

Why are digital planners for GoodNotes specifically highlighted in the video?

Digital planners made for GoodNotes have proven to be highly successful, with one product making $894,000 in sales. The presenter highlights this trend to suggest that focusing on this ecosystem could be a smart move for those interested in the digital planner market.

How do financial products like budget planners perform on Etsy?

Financial products like budget planners are performing well on Etsy, with one planner example making $18,000 in total revenue. These types of products are consistently selling and offer a promising niche for new creators.

What is the importance of quality over quantity in digital products?

Quality always outweighs quantity in digital products. For example, an ebook with fewer pages or a bundle with fewer templates can still perform well if the product solves a specific need and is high quality. It's about the value you provide, not the number of assets.

What advice does the presenter give for those interested in the wedding niche?

The presenter suggests focusing on wedding invitations and similar products, particularly for DIY brides looking for budget-friendly alternatives. Wedding-related digital products are in high demand, and ready-made templates offer significant value in this niche.

How can someone stand out in a competitive niche like resumes, despite many free templates being available?

To stand out in a competitive niche like resumes, focus on providing unique design styles, additional value (e.g., matching cover letters or portfolios), or targeting specific professions or audiences. Oversaturation is not always a problem if you offer something distinctive.

What tools does the presenter recommend for finding high-performing digital products?

The presenter recommends using tools like Profit Tree, which provides real-time data on Etsy products, showing metrics like sales and frequency of purchases. These tools make it easier to identify winning products quickly.