5 Best Platforms To Sell Digital Products For Beginners

ENERGI
5 Sept 202415:15

Summary

TLDRThis video breaks down the top platforms for selling digital products, discussing the pros and cons of each. It compares options like Shopify, Hostinger, Gumroad, Stand Store, Podia, and warns against using Etsy. Shopify offers the most customization but can be expensive, while Hostinger is more affordable but limited in features. Gumroad and Stand Store are recommended for new sellers, while Podia is best for selling courses. The video emphasizes the importance of having a custom domain and controlling your business through your own website for long-term sustainability.

Takeaways

  • πŸ’° The choice of platform to sell digital products can significantly impact earnings, potentially differing by thousands of dollars.
  • πŸͺ Shopify is recommended for those seeking maximum control, fewer fees, strong branding, and a professional look for their digital products.
  • 🌐 Hostinger is suggested for budget-conscious sellers who want a website without high costs, starting at just $3.99 per month.
  • 🚫 Avoid platforms that limit scalability and earning potential for long-term sustainable businesses.
  • πŸ›οΈ Custom domains are crucial for professionalism and can boost visibility and sales, with .store domains being particularly beneficial for e-commerce.
  • πŸ“ˆ Gumroad is user-friendly for both buyers and sellers, suitable for those not concerned about extensive branding or customization.
  • πŸ’¬ St store is ideal for creators and influencers looking to sell products easily through social media platforms.
  • πŸ“¦ Podia is an all-in-one platform for selling various types of digital products and is particularly strong for courses and memberships.
  • πŸ“‰ Etsy is advised against due to its fees, risk of shop closures without notice, and competitive pricing pressures that can devalue products.
  • πŸ”— Marketing is key to selling digital products, and using the right platform can facilitate effective marketing strategies.

Q & A

  • What are the two platforms recommended for hosting your digital products if you want maximum control and branding?

    -The two recommended platforms for maximum control, branding, and scalability are Shopify and Hostinger. Shopify is great for its extensive features and customization options, while Hostinger offers a more affordable option with fewer customization capabilities.

  • What are the main benefits of using Shopify for selling digital products?

    -Shopify provides extensive customization options, a drag-and-drop interface, strong SEO and analytics features, and the ability to scale easily. It is ideal for sellers looking to build a highly professional e-commerce presence and may eventually want to expand into physical product sales.

  • What are the drawbacks of using Shopify for digital products?

    -Shopify can be pricey, starting at $39 per month. Additionally, to sell digital products, a separate app may be required, which adds to the cost. This makes it less ideal for those on a tight budget or just starting out.

  • How does Hostinger compare to Shopify in terms of features and cost?

    -Hostinger is significantly more affordable, starting at $3.99 per month, and includes features like a free email and domain. However, it is less customizable and cannot handle complex digital products like zip files, limiting its functionality compared to Shopify.

  • What type of sellers would benefit the most from using Hostinger?

    -Hostinger is best suited for budget-conscious sellers who want a custom website with basic e-commerce functionalities and who do not need complex product options. It's a good fit for beginners looking to build an online presence affordably.

  • What are the main advantages and disadvantages of using Gumroad?

    -Gumroad is simple to use, requires no upfront costs, and supports various digital product types. It also has built-in content protection features. However, it charges a flat 10% transaction fee, has minimal customization options, and may not be suitable for long-term branding needs.

  • Who should consider using Stand Store as their platform for digital products?

    -Stand Store is ideal for content creators and influencers who focus on social media and want a user-friendly platform to sell simple digital products or services, such as coaching or memberships. It's also suitable for beginners looking for a low-maintenance option to get started.

  • What makes Podia a good choice for selling digital products?

    -Podia is an all-in-one platform that supports memberships, courses, and various other digital products. It offers features like custom domains, direct messaging with customers, and no transaction fees. It's designed for sellers looking to build a digital product business or 'empire' and want to offer diverse product types.

  • What are some of the cons associated with Podia?

    -Podia's pricing can be inconsistent, with changes in features and fees over time. It also has limited customization options compared to Shopify and can be inconvenient for non-course products due to the need for customer account creation.

  • Why is Etsy considered a risky platform for selling digital products?

    -Etsy has multiple fees, lacks custom branding options, and is known for shutting down stores without notice, risking income loss for sellers. Additionally, Etsy’s focus on lower prices can lead to a 'race to the bottom,' making it hard for new sellers to compete and build a sustainable business.

Outlines

00:00

πŸ’‘ Choosing the Best Platform for Your Digital Products

This paragraph discusses the importance of selecting the right platform for selling digital products. It emphasizes how the choice can impact profitability, scalability, and control. The speaker introduces Shopify as a top recommendation for serious sellers due to its robust features like SEO, analytics, and customization. However, it mentions cons such as high fees and the need for additional apps, making Shopify ideal for those aiming for large-scale operations. The next alternative platform, Hostinger, offers lower costs and fewer fees, but lacks some of the advanced features and customization options of Shopify.

05:00

🌐 Benefits of Using a .Store Domain

This section focuses on the importance of having a custom domain for professional branding. It promotes .store domains as a specialized option for online stores, stating they help boost visibility on Google and increase click-through rates. The speaker highlights celebrities using .store domains and offers a promotional deal for purchasing one. While it emphasizes the value of having your own domain, it also introduces third-party platforms like Gumroad for those who prefer not to create a website.

10:01

βš–οΈ Evaluating Third-Party Platforms Like Gumroad and Stand Store

Here, the speaker provides an overview of third-party platforms like Gumroad and Stand Store for sellers who prefer not to build their own websites. Gumroad is praised for its simplicity, lack of upfront costs, and ability to handle multiple types of digital products, but criticized for high fees and limited customization. Stand Store is recommended for social media creators due to its user-friendly interface and automated delivery, but it has limitations in terms of customization and professional branding. These platforms are suitable for new sellers or influencers looking for quick, easy setup.

15:03

πŸ—οΈ Podia: A Versatile Platform for Digital Product Empires

This paragraph introduces Podia, an all-in-one platform ideal for those looking to build a large digital product business. The speaker appreciates its support for multiple product types, including courses, memberships, and consultations, as well as its lack of transaction fees and customization options. However, Podia’s frequent pricing changes and limited customization compared to Shopify are noted as drawbacks. It is best for sellers focused on courses and memberships, with the speaker expressing personal experience using the platform.

🚫 Why You Should Avoid Etsy for Digital Products

The speaker strongly advises against using Etsy for selling digital products, sharing personal negative experiences with the platform. Despite making significant sales, their shop was shut down without explanation, and attempts to resolve the issue were ignored. Other cons include multiple fees, lack of custom branding, and Etsy's tendency to promote more established sellers over newcomers. The speaker argues that while Etsy can be useful for some, the risk of losing an entire business outweighs the benefits, especially given the platform's low pricing competition and limited control over branding.

🎯 Marketing Your Digital Products

The final paragraph provides a segue into the next step after listing digital products: marketing. The speaker mentions they have created separate videos on marketing strategies, linking these resources for viewers. This brief mention encourages sellers to not only focus on the platforms for selling but also on how to drive traffic and increase sales through effective marketing techniques.

Mindmap

Keywords

πŸ’‘Digital products

Digital products refer to any items or content sold online that are delivered digitally, such as ebooks, templates, or courses. In the video, the speaker focuses on platforms that help creators sell digital products effectively, explaining how different platforms cater to this market by offering features such as no transaction fees, customization, and e-commerce tools.

πŸ’‘Shopify

Shopify is an e-commerce platform widely used for selling both digital and physical products. It offers extensive customization options, powerful back-end tools like analytics, SEO, and upsell features. However, it is noted for being more expensive compared to other platforms, making it ideal for sellers who aim to scale their business to a higher revenue level.

πŸ’‘Hostinger

Hostinger is a more budget-friendly platform compared to Shopify, starting at $3.99 per month. While it offers e-commerce tools and AI-powered website builders, it has limitations, such as reduced customization and restrictions on the types of digital products you can sell (e.g., no zip file sales). Hostinger is positioned for those who want an affordable solution with essential features.

πŸ’‘Custom domain

A custom domain is a unique web address that helps businesses build their brand identity online, making them appear more professional. The video emphasizes that a custom domain, especially a .store domain, can increase visibility and attract more customers, making it a crucial factor for those who want to create a sustainable digital product business.

πŸ’‘Gumroad

Gumroad is a simple third-party platform for creators to sell digital products without the need for a custom website. While it is easy to use and has no upfront fees, it charges a flat 10% fee on sales and offers minimal customization. The platform is ideal for new sellers looking for a low-maintenance way to start selling digital products quickly.

πŸ’‘Stand Store

Stand Store is a platform designed for social media creators and influencers to sell digital products like coaching services, courses, and memberships. The video highlights its ease of use and strong user familiarity, making it ideal for creators focused on promoting products through social media platforms. However, it lacks customization and doesn't support complex digital products.

πŸ’‘Podia

Podia is an all-in-one platform for selling digital products, including courses, memberships, and consultations. It offers features like custom domains, email lists, and no transaction fees, making it ideal for those building a 'digital product empire.' The speaker mentions its pros but warns about pricing changes and limited customization, which could be a downside for some users.

πŸ’‘Etsy

Etsy is an online marketplace where sellers can offer both physical and digital products. In the video, Etsy is presented as a platform to avoid for digital product sellers due to high fees, lack of custom branding, and frequent shop closures without explanation. While the speaker acknowledges Etsy's initial success, they ultimately warn against relying on it for long-term business.

πŸ’‘Content protection

Content protection refers to measures taken by platforms to ensure that creators' intellectual property is safeguarded. The speaker mentions that Gumroad offers content protection measures to prevent unauthorized use or piracy of digital products, which is a critical feature for creators selling digital goods online.

πŸ’‘Scalability

Scalability refers to the potential for a business to grow in size and revenue without encountering major obstacles. In the video, the speaker suggests that platforms like Shopify, which offer robust tools and features, are better suited for sellers who aim to scale their digital product business to significant revenue levels, while platforms with lower fees may limit growth potential.

Highlights

Selling digital products on the right platform can be the difference between making $0 and $10,000.

Shopify is the most feature-rich platform with robust back-end features such as SEO, analytics, and upselling.

Shopify is ideal for sellers who are serious and looking to scale their business to $10,000+ per month.

Hostinger offers a more affordable alternative to Shopify with plans starting at $3.99/month.

Hostinger includes features like an AI website builder and does not charge transaction fees, but has limited customization options.

Gumroad is simple and has no upfront cost, making it a great option for new sellers, though it charges a 10% transaction fee.

Stand Store is best for creators and influencers offering digital products or coaching services, with built-in features for easy digital product delivery.

Podia is an all-in-one platform ideal for selling courses, memberships, and consultations with no transaction fees.

Podia allows for custom domains and supports various digital product types, but its fees and features may change frequently.

Etsy, though a popular marketplace, has many cons, including unpredictable shop shutdowns and multiple fees.

Etsy promotes established sellers, leaving new sellers to bring in their own traffic to make initial sales.

Using your own website gives you full control over branding, pricing, and customer connections.

Custom domains like .store domains are recommended for online stores, offering more visibility and potential discounts.

Digital product sellers should consider long-term sustainability, avoiding platforms with high fees and low scalability.

For digital product businesses, platforms like Shopify and Podia are best for scaling, while Etsy is more suited for short-term or risk-taking sellers.

Transcripts

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where you sell your digital product

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could be the difference between you

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making $0 and $10,000 in your digital

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product business to help you make the

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best decision I'll be breaking down the

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top platforms for digital product

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sellers I'll go over the pros and cons

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of each platform and I'll give them a

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rating based on these things right here

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so you can choose what's best for you

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according to your own needs at the end

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I'll tell you which one you should

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probably avoid if you want to build a

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long-term sustainable business to be

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honest the people who don't use these

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next two platforms are going to struggle

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more because they're going to make less

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money and have less scalability so if

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you want Max Control less fees more

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branding more professionalism I suggest

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you host your digital products on your

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own website and these are the two that I

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recommend the first one that I'm going

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to recommend is Shopify now Shopify is

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the OG in the e-commerce game it's going

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to give you the most features not only

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for just how your store looks but also

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the back end like with SEO with

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analytics with all your tracking and

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your upsells and stuff this is like the

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e-commerce giant Shopify has a lot of

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Pros for example it's super drag and

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drop so you usually don't have to do a

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lot of coding or anything if you don't

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want to Shopify is also going to have

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the most customization options that

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means that you know if you're someone

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who's very particular you wanted to look

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exactly how you wanted to look if you

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will have like a luxury brand you want

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it to look the most luxury well you have

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the most customization option options

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out of everything on this list and

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Shopify is good because if you ever want

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to venture into like selling physical

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products or selling anything related to

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e-commerce you already have your branded

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site and it's very easy to make that

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pivot even though this is industry

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standard there are definitely cons for

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example Shopify definitely can get

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pricey plans do start at $39 per month

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and if you're just getting started that

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can be a lot also I find that Shopify

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has a lot of things that you have to add

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for example you have to add a separate

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app in order to sell digital products

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and I believe that's another fee that

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you have to pay even if it's like $10 a

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month or something it's still another

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fee and like that can get really

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annoying when the fees add up for that

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reason Shopify is best for sellers who

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are very serious and who know they want

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to scale this to like you know 10 20

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$30,000 a month or Beyond if you love

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all of that about Shopify but you don't

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like all those High fees then I would

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recommend this next platform which is

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hosting

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now hostinger has e-commerce options it

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has website options it has all of that

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but it is a lot more affordable with

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their plans starting at just $3.99 per

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month like Shopify you're going to have

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control over your branding your

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customization and hostinger even has

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like AI website builder tools so that

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you're not spending so much time on the

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setup as you would with something like

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Shopify with hostinger you also don't

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need any external apps or anything to

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sell digital products you can just

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literally like sign up and start listing

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your digital products they also don't

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have any transaction fees and you get a

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free email and a free domain like those

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options are really good to me but with

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that affordable price you are going to

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get some cons the main cons is that it

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is not as pretty and as customizable as

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something like Shopify so if you're very

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particular on the look you might feel a

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bit limited with hosting her at least

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that's how I felt and one thing I

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definitely don't like about hostinger is

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that although you can sell digital

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products they do limit some of the types

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of digital products that you can sell so

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for example you cannot sell zip files

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zip files are just files that have a lot

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of other different files inside of them

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so say I want to sell an ebook some

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templates and some trackers I put them

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all into one file and I sell it as a zip

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file you can't do that with hostinger

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hostinger you can only upload one file

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per product and I find that really

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annoying

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if you're just selling an ebook or

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something like that's fine if you're

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just selling one file that's fine but if

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you have like a package of files that

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you want to send to people it's really

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annoying that you can only do one file

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per product with those pros and cons

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hostinger is best for people who are

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budget conscious they want their own

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website they know how important it is

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but they don't want to spend a lot of

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money on it then hostinger is definitely

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for you whether you choose Shopify

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hostinger or any of the other ones on

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this list having a custom domain is

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going to be so important because that is

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what what makes you look very very

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professional for your custom domain

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there are a lot of different options you

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can go with but I recommend going with a

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DOT store domain this is because a do

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store domain is made specifically for

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online stores and actually help you sell

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more for example in a 12-month study do

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store domains were shown to get two

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times more visibility on Google and 87%

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more people chose to click on them

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people like Mr be Shakira and even

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Rihanna have do store domains because

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they really are that good it makes sense

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for an e-commerce business and do store

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domains also get really good discounts

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that other domains wouldn't get for

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example on Elevate do store you get

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$2,500 worth of discounts on business

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tools compared to other domains they

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only get $1600 worth of discounts dot

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store domains are super affordable so I

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got you guys a special deal you can get

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your dot store domain for just 99 Cents

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for your first year all you need to do

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is click the link in my description and

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enter code energy at checkout thanks so

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much to do store domains for sponsoring

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this video for people who are like I

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don't want to set up my website I don't

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want to do all that I just want to use a

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thirdparty platform well I have some

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options for you guys too don't worry

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even though I recommend selling on your

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own website because you do have more

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control like these third party platforms

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you know could decide that they don't

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want you on on their platform anymore

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right that's just a risk that you're

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taking it is beneficial because you

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don't have to be a designer or do any of

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that you just upload your products and

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keep it pushing first one I'll recommend

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is gum road now Gum Road is really good

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both as a buyer and as a seller this is

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great great for people who they just

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want to list it somewhere they don't

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care about branding they don't care

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about personal lasers they don't really

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care about any of that the pros of

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gumroad is that it's super simple to

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upload literally a baby could probably

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upload something to gumroad and you can

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sell a bunch of different things so you

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can sell videos you could sell audios

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you could even have a membership and an

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email list so even though it is a third-

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party platform like you get so many

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features that sometimes it feels like

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you have your own website and you can

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even connect a custom domain I believe

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too so it's like you know it's pretty

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good with gumroad you're not having any

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upfront cost or any monthly fees so this

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is a way that you can get started with

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your digital product business without

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spending a lot of money gumroad also

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does have a built-in Marketplace similar

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to places like Etsy or Amazon um but I

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wouldn't really rely on that too much

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because it's not that popular but at

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least it's there and you know you can

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get organic traffic if you wanted to a

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lot of people ask like what about

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copyright how do I know that my content

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is safe well gumro does offer a lot of

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content protection measures to protect

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creators even though there's all that

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good there's always cons one of the

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biggest cons for me is that gumroad is

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very pricey in its fees so it's going to

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take a 10% flat fee it doesn't have any

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other fees and it doesn't have like a

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paid program that you can join to get

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rid of that fee so you're always going

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to have to be giving away 10% of your

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income also there's like very little if

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any customization so what you get with

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gumroad that that's what your customer

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sees and there's not much that you can

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do about it gumroad is best for new

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sellers who just want something low

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maintenance and they want something very

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quick easy and they don't want to pay

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any money for it for people who know

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that they're going to be marketing on

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social media then St store could be an

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option for you this is because stor is

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specifically created for creators and

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influencers to be able to get products

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out there in a very easy and

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userfriendly way the pros of St store is

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that because it's built for creators you

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can offer a variety of different

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services so you can offer digital

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products you can offer coaching Services

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I believe you can even offer memberships

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as well with st store it's going to be

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one of the best like Linkin bios for

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your social media I'm telling you I've

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used it I bought from St store and it's

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so intuitive and so easy and customers

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are very familiar with St store as well

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because it's literally everywhere I also

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like sand store because of its automated

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delivery with selling digital products

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sometimes you do have problems with

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customers actually receiving the order

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and stuff like that but stor is very

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very good at giving the things to the

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customers without any hassles so that's

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going to help you keep your business

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very efficient like Gum Road St store

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does have the con that there is limited

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customization what you see is what you

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get with stand store you can't even sell

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complex digital products there it's for

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very very simple things you can sell

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courses um but I don't think that that

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their course platform is that good so

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paying $29.99 a month month like the

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value doesn't really match what you're

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paying in that sense and with stor you

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can't even have a custom domain so you

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always have to have like St stor SL

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whatever I don't really think that's

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cool for building a long-term business

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but there's people who make so much

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money on stand stor because it's very

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easy customers know it and like it's

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just yeah really simple for social media

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if you know that you want to be a

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Creator and you want to sell digital

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products related to you know your

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content creation and stuff then stand

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store is a really good option for people

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who just want to get up and running it

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might be good to validate your idea on

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something like stand store or gumroad or

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whatever and then once you're like

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actually ready to have your own website

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you can also do that another platform

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that's kind of like a cross between a

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third-party platform and something like

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Shopify is podia poda is actually the

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software that I've used for years to

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sell my digital products and I like it

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because it's an Allin one platform so

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you can have your membership you can

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have your email list you can sell

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courses you you can sell consultations

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you can sell all types of digital

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products like it really is for people

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who like want a digital product Empire

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you can have your custom domain you can

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customize the website how you want it

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there are no transaction fees either so

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you get to keep more of your money and

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you can sell as many digital products as

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you want to sell so yeah it's really

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good platform I do like it they do have

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good support and you do have a lot of

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options for example you can message

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directly with people who have bought

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your digital products in case they need

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help like this is good for me because I

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sell a course and so yeah they have a

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lot of features that I do like but they

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also have some that I don't like that

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need to be mentioned before you go ahead

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and choose this option one is that their

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monthly fee is $39 a month well they do

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have cheaper plans $0 a month $9 a month

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and their cheap plans used to be really

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good you could sell like as many things

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as you want the transaction fees weren't

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that high like it was super good but

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with pod they change a lot of things

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regarding the pricing and they change it

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in my opinion frequently so even though

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today you sign up and you're paying $30

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a month and you're getting X Y and Z

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features in two months they can change

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it and be like okay wait those features

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are actually not going to be there

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anymore you need to upgrade to get those

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features that's what happened to me

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recently and it really made me want to

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switch um but I think like they were

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able to work with me and give me those

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old features back so I was like okay

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fine I'm not angry but I do find that

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annoying because if I'm going to have a

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digital product platform I don't want

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the fees to keep changing and the

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features to keep changing also with

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podia it really is for courses you can

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sell other digital products but I found

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that um it's a bit inconvenient because

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like you have to sign up you have to

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create an account I want something where

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like they just enter their email you

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send them the product they don't have to

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create a password and all that stuff

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that's it's annoying because like if I

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see the that I have to do all of that

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I'm just not going to buy it right so

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that could mean Less sales for me it's

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really for people I think it's best for

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people who are selling courses or video

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products also with podia you do have

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limited customization compared to

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something like Shopify but you have more

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customization compared something like St

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store or gumroad so it's like a middle

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ground overall podia is best for people

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who want to sell courses or memberships

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it's really a Powerhouse for that and

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it's going to do it better than any of

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the other ones on this list now I did

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say I'd tell you which one I would

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definitely definitely avoid and I think

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you guys already know what I'm going to

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say if you've been watching my channel

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it is Etsy now I hate Etsy really I sold

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on Etsy that's where I got my start

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selling my ebooks um for $20 or

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something like this and I made a lot of

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sales there but with Etsy they have a

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lot of different fees they have like I

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think two or three different fees that

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you have to pay as well as Etsy is

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Infamous for shutting down shops without

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giving any reason so after making about

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$20,000 on Etsy they decided to shut

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down my shop and they didn't give me any

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way to get it back I would email them

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over and over and I wouldn't hear

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anything back I tried for literally 2

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years to get my shot back and nothing

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was ever done and so I lost my source of

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income overnight also with Etsy I know

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there is an inbuilt Marketplace but with

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a lot of new sellers etsy's not going to

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promote OTE most of new sellers they're

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going to promote people who are like

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tried and true on the platform and so

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with Etsy you still do have to bring in

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a lot of your own traffic and get those

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you know at least first 10 15 sales

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yourself before Etsy really starts

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pushing you and so in my opinion if I

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already have to bring in my own traffic

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in the beginning I'd rather just keep

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bringing in my traffic be able to sell

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at a higher price because with Etsy

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everybody's on a race to the bottom on

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Etsy everybody's trying to sell other

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things as cheap as possible that's

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really the name of the game and so you

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as a seller are kind of especially as a

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new one are forced to have your prices a

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bit lower unless you're selling to your

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own people so for that reason I'd rather

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have my own website be able to charge

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the prices that I want to charge be able

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to keep more money and not wake up with

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the fear that my store is just going to

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be gone and I don't have any way to get

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it back Etsy is really great if you're

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willing to take the risk but I

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personally after trying twice am no

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longer willing to take that risk also

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with Etsy there is no custom branding so

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you are just one seller in the midst of

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others and a lot of people are just

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going to be shopping around they don't

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have any connection to your store

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specifically and so you don't have a way

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to build like a very legit professional

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business if you're just in the local

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marketplace right with these other

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platforms you're able to have your own

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storefront there's nobody else that your

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customer can look at and compare to

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prices or anything it's just a lot more

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professional having your digital

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products listed is one thing but

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marketing them is another thing so I

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made some marketing videos I'm going to

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link them on the screen and in the

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description and I will see you guys in

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my marketing videos

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