My Secret to How to find Winning Digital Products 2024

Vil Vas - Digital Product Guide
27 Jun 202412:35

Summary

TLDRThis video introduces Aura, an Etsy product research tool that helps identify high-performing digital products. With a Chrome extension, Aura reveals estimated monthly revenue for products, offering insights beyond Etsy's best-seller badges. It streamlines the process of finding profitable products, provides detailed analytics, and includes a keyword finder for competitive analysis. Aura also offers a free plan with limited features and a premium plan for more in-depth data. The video emphasizes Aura's utility in saving time and reducing the guesswork in digital product sales.

Takeaways

  • ๐Ÿ” Aura is a powerful Etsy product research tool that can help find winning digital products, even for those not selling on Etsy.
  • ๐Ÿ“ˆ By installing Aura's Google Chrome extension, users can see the estimated monthly revenue for products on Etsy, providing valuable insights into sales performance.
  • ๐Ÿ’ผ Aura's extension simplifies the process of analyzing product performance by showing revenue data without needing to click on each product individually.
  • ๐Ÿ“Š The tool offers a quick overview of product statistics, including average sales, price, and favorites, helping users understand market trends.
  • ๐Ÿš€ Product Seeker is a feature that scans Etsy for products meeting specific criteria, saving time and effort in manual research.
  • ๐Ÿ“Š With Product Seeker, users can filter products based on metrics like total sales, revenue, monthly sales, and price, making it easier to find profitable products.
  • ๐Ÿ”‘ The keyword finder tool provides information on views, favorites, competition, sales, price, and competing shops for specific keywords.
  • ๐Ÿ“ˆ Aura's database of the best digital product examples can be a valuable resource for inspiration and market research.
  • ๐Ÿ’ผ The tool offers a free plan with basic features and a premium plan for more in-depth analysis, including estimated revenue and sales.
  • ๐Ÿ’ฐ Investing in the premium plan can be cost-effective for avoiding the expense of creating products that may not sell well.
  • ๐ŸŒŸ The video offers a special discount for subscribers, encouraging them to try Aura and enhance their product research capabilities.

Q & A

  • What is the name of the tool discussed in the video script?

    -The tool discussed in the video script is called Aura.

  • What type of tool is Aura?

    -Aura is an Etsy product research tool designed to help users find winning digital products.

  • Does Aura only work for Etsy sellers?

    -No, Aura can be used by anyone, even if they don't sell on Etsy, to research and find well-selling digital products.

  • What feature of Aura is described as a 'Game Changer'?

    -The feature that shows the estimated monthly revenue for a product is described as a 'Game Changer'.

  • How does Aura provide revenue estimates for products?

    -Aura uses a combination of data from Etsy and information from users who have signed up to use the extension to estimate sales.

  • What additional tool is mentioned in the script for further research?

    -The additional tool mentioned is Product Seeker, which scans Etsy to find products that fit selected criteria.

  • What kind of information does Product Seeker provide?

    -Product Seeker provides information such as total sales, total revenue, monthly sales, monthly revenue, price, and views.

  • How can Aura help in understanding competition on Etsy?

    -Aura provides data on competition, such as the number of listings and stores competing for a specific product or keyword.

  • What is the purpose of the keyword finder tool within Aura?

    -The keyword finder tool helps users understand the competition and sales potential for specific keywords on Etsy.

  • What are some of the other features offered by Aura?

    -Other features offered by Aura include list helper, follow-up reminders, and tag analysis.

  • What is the pricing structure for Aura?

    -Aura offers a free plan with limited features and a premium plan that costs $14 per month if billed annually or $20 per month if billed monthly.

Outlines

00:00

๐Ÿ” Introducing Aura: Etsy's Product Research Tool

The speaker introduces Aura, an Etsy product research tool that helps identify high-selling digital products, even for those not selling on Etsy. Aura offers a Google Chrome extension that displays an item's estimated monthly revenue upon hovering, providing clarity on product performance. This tool eliminates the guesswork in product selection by showing actual revenue numbers. The speaker also mentions creating a database of the top 100 digital product examples and shares examples to illustrate how Aura can reveal significant differences in revenue between products, even among best sellers. Aura also provides statistics on typical sales, prices, and favorites, helping users understand market trends and competition.

05:01

๐Ÿ“Š Deep Dive into Product Seeker and Keyword Finder

The speaker discusses additional features of Aura, such as the ability to view detailed stats for a specific product, including revenue, sales, and reviews. A notable feature is the tag section, which simplifies the process of copying tags for one's own use. The Product Seeker is highlighted as a time-saver that scans Etsy for products meeting specific criteria, such as keyword and revenue thresholds. This tool filters products, providing a list of high-performing items. The Keyword Finder is also introduced, offering insights into views, favorites, competition, sales, price, and competing shops for specific keywords. The speaker uses 'wedding planner' as an example to demonstrate how to assess competition and find less competitive, yet profitable, niches like 'wedding checklist'.

10:02

๐Ÿ’ฐ Pricing and Recommendations for Aura

The speaker concludes by discussing Aura's pricing plans, which include a free plan for basic analysis and a premium plan for more in-depth features like estimated revenue and sales. The premium plan is offered at $14 per month when paid annually or $20 per month. The speaker emphasizes the value of investing in such a tool to avoid wasting resources on unprofitable products. A special discount for subscribers is mentioned, with a link provided in the video description. The speaker highly recommends Aura for its ability to save time, reduce guesswork, and enhance business efficiency, encouraging viewers to try the tool and subscribe to the channel for more useful content.

Mindmap

Keywords

๐Ÿ’กAura

Aura is an Etsy product research tool that provides insights into digital products' sales and revenue. In the video, Aura is described as a game changer for digital product sellers because it offers a way to see estimated monthly revenue for products on Etsy, which is crucial for understanding market performance without having to guess. The tool is highlighted as a secret weapon for finding winning digital products.

๐Ÿ’กEtsy

Etsy is an e-commerce website focused on handmade or vintage items and craft supplies. In the context of the video, Etsy is the platform where digital products like wedding planners are sold, and it's where the Aura tool extracts data from to provide insights into product performance.

๐Ÿ’กDigital Products

Digital products refer to items that are intangible and delivered digitally, such as software, e-books, or templates. The video discusses using Aura to find successful digital products on Etsy, like wedding planners, which are popular and can generate significant revenue.

๐Ÿ’กRevenue

Revenue in the video refers to the income generated from the sale of a product. Aura's ability to estimate monthly revenue for Etsy products is a key feature, allowing sellers to gauge the financial success of different digital products.

๐Ÿ’กBest Sellers

Best sellers are products that have high sales volumes. The video explains that while Etsy has an icon to indicate best sellers, it doesn't provide detailed sales data. Aura fills this gap by showing estimated revenue, providing a more accurate picture of which products are truly successful.

๐Ÿ’กGoogle Chrome Extension

A Google Chrome extension is a software plugin for the Google Chrome browser. Aura is available as such an extension, which, once installed, allows users to hover over a product on Etsy and immediately see estimated revenue and other sales data.

๐Ÿ’กProduct Seeker

Product Seeker is a feature of the Aura tool that scans Etsy for products based on specific criteria, such as keyword and minimum monthly revenue. It's highlighted in the video as a time-saving feature that automates the process of finding high-performing products.

๐Ÿ’กKeyword Finder

Keyword Finder is another feature of Aura that provides information on specific keywords, including views, favorites, competition, sales, price, and shops competing. It's used in the video to analyze the competition and sales potential for products related to 'wedding planner'.

๐Ÿ’กCompetition

Competition in the video refers to the number of other products or sellers in the market that offer similar items. It's a critical factor for sellers to consider when deciding whether to enter a market or create a product, as depicted in the video's analysis of wedding planner products.

๐Ÿ’กEstimated Sales

Estimated sales are the projected number of units sold for a product. Aura provides these estimates, which are important for sellers to assess market potential without having access to actual sales data from competitors.

๐Ÿ’กPremium Plan

The Premium Plan is a paid subscription level for the Aura tool that offers advanced features, such as viewing estimated revenue and sales. The video mentions that while there's a free plan, the premium plan is worth the investment for the detailed insights it provides.

Highlights

Introduction to Aura, a digital product research tool for Etsy

Aura can be used even if you don't sell on Etsy

Aura reveals estimated monthly revenue for digital products

Aura's Chrome extension provides product revenue insights

Aura helps to identify high-performing digital products

Aura's database of top 100 digital product examples

Aura shows revenue differences between best sellers and other products

Aura's ability to open all products on a page for easy analysis

Aura provides statistics on typical sales, pricing, and favorites

Aura's tag section for easy copying of product tags

Product Seeker tool for scanning Etsy based on specific criteria

Product Seeker filters products generating at least $1,000 a month

Aura's keyword finder tool for analyzing competition and sales

Using related keywords to find less competitive product niches

Aura's other features like list helper and follow-up reminders

Aura's estimated sales are based on a large amount of data

Aura's pricing plans including a free plan and premium options

Recommendation to use Aura to save time and improve business

Invitation to subscribe and stay updated with useful videos

Transcripts

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my secret tool to find winning digital

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products I'm going to show you what

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exactly this method is how do you go

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about using it I'll give you a few

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examples and also some additional tips

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so make sure to watch the whole video so

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the tool that I am talking about is

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called Aura and it is Etsy product

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research tool however it doesn't really

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matter if you're not selling on Etsy if

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you have your own store you can still

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use this tool to find really well

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selling digital products so let me tell

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you right away the future that I really

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love about this tool and why I am saying

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that it is a complete Game Changer by

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the way I'm going to leave a guide how

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I'm making thousands of dollars with

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less than 5,000 YouTube subscribers and

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you can do the same so let's say we go

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on Etsy and we type in something like

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wedding planner that obviously is

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very popular digital product so when we

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look at all of these different products

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yes we do have this icon of which

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products are best sellers and this gives

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us an indication that yes these are the

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hot products that are selling really

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well right now however we don't quite

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know how well are they actually selling

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how much revenue are they actually

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generating and when it comes to all of

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these other products we really don't

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quite know whether they are selling a

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lot or they're not really selling that

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much however all of that has changed

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because of the Allura tool because once

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you install it and they have by the way

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a Google Chrome extension once you

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install it you will see now when we

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hover over a product you have this icon

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right here and if you press on this icon

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then you will see the tab opens up at

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the bottom and here it actually shows

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you the revenue so it shows you what is

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the estimate

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monthly revenue for that product and

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here as you can see it's

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$2,800 which is really a lot just for

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one single product by the way I created

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a datab base of best 100 digital product

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examples check out the description so

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honestly this is just absolutely amazing

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because instead of guessing around and

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seeing like okay this might be selling

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well this might be selling well you

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actually see the number and you don't

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need to be guessing around anymore you

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can choose what products are actually

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generating a lot of Revenue so to give

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you an example to understand better how

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well this works let's say we have this

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wedding planner that we saw is

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generating

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2,800 if we press on this other one

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that's a best seller as well and they

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actually have almost the same price as

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you can see this shows that a this one

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is only generating one well only

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generating it's generating one

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,600 so

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$1,000 less and that is quite a bit of a

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difference and then if we press on this

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other one this planner that is not a

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best seller what we will see here that

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it's actually generating

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$2,500 in Revenue so this is where it

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can become a little bit tricky with Etsy

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because the best sellers are not always

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just based on if they have generated the

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most sales that specific month there are

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a lot of different factors that come

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into that and this product for example

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maybe it is a newer product and as you

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can see it's generating a ton of Revenue

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but it doesn't have that badge that it

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is a bestseller product another really

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cool thing what you can do with this

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extension is if you press at the

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extension button at the top you will see

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now that it's going to open all of the

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products that were on this page so we

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don't need to click one by one and check

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every single product and here it's going

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to show you um all of the different

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products and you can basically as you

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scroll it's going to show you more and

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more open load more different pages and

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it gives you some statistics here so as

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you can see typically and this is

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basically the medium of all of these

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different listings so usually you have

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18 sales per month the typical price is

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$25 and this is the typical um amount of

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favorites per every single product of

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course this is the average of all of the

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different products and as you can see um

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some of the bestselling products they

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are a lot more expensive and they have

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way way way more sales so this alone

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makes it very easy to now just go

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through all of these products and you

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can see by monthly Revenue um here we

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have these products that are generating

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over $1,000 over $22,000 so it's very

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easy to see what are some of the best

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sellers by the way just to mention you

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can also use the same extension when you

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have opened a specific product and as

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you can see here it will show you um all

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of the different stats the revenue the

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sales the reviews every single month and

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the really cool thing as well I'm not

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quite related to finding the products

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but I do like that they have this tag

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section so it's very simple to see all

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of the tags for the product and you can

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just press button and you can copy all

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of them if you want to use them for

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yourself another tool that is even

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better and just saves up so so so much

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time it's absolutely amazing it's this

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product Seeker so basically what it does

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we can again put in whatever keyword

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that we are interested in the product

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for example here wedding planner and

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then you have all of these different

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metrics that you can choose from so as

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you can see you can still have total

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sales uh total revenue number month

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monthly sales monthly Revenue price

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views so on and so forth and you can

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also select if you want the item to be

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digital and what this does is basically

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this is going to scan the whole Etsy and

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it's going to find the products that fit

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your selected criterias so for example

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let's say if you know that your product

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is going to be priced in a certain range

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you can see what your competition is in

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that price range and whether you can

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compete or if you want to see for

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example monthly or total revenue let's

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say you want to see only products that

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are generating at least $1,000 a month

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this is going do that for you so it

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saves out a ton a ton of time instead of

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you going manually doing this through

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Etsy so now this has filtered out all of

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the products that have these uh keywords

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wedding planner and are generating at

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least

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$1,000 a month so if we scroll down you

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will see that you have all of these

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products so instead of going through

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Etsy and scrolling through his products

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and checking one by one and trying to

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find all the best ones this is

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absolutely phenomenal because it does

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all of that work for you another cool

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thing that you can do once you find some

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products that are selling really well on

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Aura they also have this tool that's uh

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keyword finder and in here let's say we

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put in wedding planner and now it gives

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you some information for the specific

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keyword so as you can see here it shows

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you the views the favorites the

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competition sales price and shops

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competing so again once you find one of

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these products that have a lot of sales

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you also need to determine whether if

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you're going to sell on Etsy you need to

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determine whether the competition isn't

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tough enough and you will be able to

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compete with those stores so as you can

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see for this specific product the

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competition is

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30,000 different listings and we have 83

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different stores so it's definitely a

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pretty tough product to compete for

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however another cool thing here is that

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we can actually go through some of the

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related keywords and here as well what I

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really like about this is that we can

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actually see the sales and we can see

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the competition so for example let's say

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if we look at something like wedding

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checklist as you can see if we compare

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here we have 2, uh

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2,200 plus um listings for the

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competition so a lot a lot lower but we

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still have

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230 sales so that I would say is a

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pretty decent ratio so now we go on Etsy

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and we put in wedding checklist we can

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see quickly if there are some products

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that have a lot of sales so as you can

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see there are some that have a lot of

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sales but honestly at the same time um

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as you can see this is more of wedding

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planners so it's not necessarily a

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checklist okay this is an actual

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checklist and it's

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$200 so nothing like before not a couple

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thousand dollars but still if it's easy

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to rank for then that's $200 just every

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single month from one single product so

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we scroll quickly through this as you

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can see for the wedding checklist

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interestingly enough it seems that

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there's a lot of wedding planners that

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are ranking for that keyword because I

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guess they have the wedding checklist

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within the wedding

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planner so if you have specifically a

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wedding checklist something like this

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let's say as you can see this listing is

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generating 200 3 sales and again if you

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specify instead of having the big

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planner you have that checklist you

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could actually maybe um I need to have a

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look at this a little bit more but you

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might be able to rank fairly easily for

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this because it doesn't seem like there

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are that many listings that are

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specifically at checklist so this tool

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has a bunch of other features as well as

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you can see you have your list helper

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you got your follow-up reminders and so

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on but I basically just wanted to show

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you some of these ways how you can find

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some really hot selling products I do

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have to say that these are estimated

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sales so these are not going to be exact

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exact but from what I understood Allura

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takes the numbers that they are getting

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from Etsy plus they have a lot of stars

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that sign up to use the extension so

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they give some of their star information

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and they have actually a pretty good

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amount of data to figure out good

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estimates of these sales so if you will

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want to use this app then as you can see

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here uh you got the pricing so you they

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actually have a free plan where you can

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get the tag analyzis Trend analyzis and

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the price estimator but you're not going

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to see the estimated revenue and

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estimated sales uh you do get 10 free

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premium searches when you sign up up and

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if you want to get more than that um you

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will need to get the premium plan which

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if you do annual is $14 a month if you

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do monthly is $20 a month and I don't

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know it might seem pricey for some of

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you but honestly I rather spend those

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$20 then spend hundreds and hundreds of

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dollars of creating digital products

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that are not selling well so hope you

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found this video useful as I said I have

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special discount for my subscri

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subscribers so you will find a link Down

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Below in the description this tool is

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honestly absolutely phenomenal I use it

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all the time and I definitely definitely

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recommend it it's going to help you out

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a ton save up a lot of time take out the

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guest working and really help out your

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business so definitely check the tool

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out if you find this video useful make

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sure to smash the Thumbs Up Button

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subscribe to my YouTube channel put on

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those notifications so you see next time

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I upload a useful video like this stay

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awesome and I'll see you soon

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Related Tags
Digital ProductsEtsy ResearchAura ToolRevenue InsightsProduct StrategyEtsy AnalyticsSales EstimationDigital MarketingProduct RevenueCompetitive Analysis