Selling digital products online has never been easier. If you have decided to start making money off your work on the Web, you should look into various platforms that you can use to display your work and grow your customer base. Fortunately, there is a multitude of websites devoted to helping you get your products out there, but not all of them are created equal. When choosing an online service to go with, explore the marketplace to see if it features similar products to what you will be selling. This way you will now what kind of consumers shop there, and will be more likely to maximize your profits. Here are some options to consider when selecting the marketplace for your digital goods.
Note: While this probably goes without saying, these services auto-deliver the digital good after the customer purchases it. In other words, there is no manual order fulfillment, sales can happen while you sleep, and the customer is rewarded with near-instant gratification.
DEJED offers a platform for selling just about any digital product you can think of, from plugins to music to artwork. DEJED allows you to upload your products onto their platform and sell directly to consumers for a fee of $0.25 + 5% per transaction. There are no monthly fees. You also have a choice to participate in the affiliate program, where you create a relationship with marketers who bring you traffic and help make sales for an agreed upon commission. In addition, DEJED offers a Web application that allows you to stay in touch with the DEJED community of creators, marketers and consumers. You also get 2 GB of free cloud storage.
Similarly to Dejed, there are no restrictions as to what kind of digital products you can sell on PayLoadz. One of the leaders in the industry with over 220,000 registered users, PayLoadz offers an easy way to put your digital products up for sale, along with a busy and competitive marketplace to display them. Payloadz charges a $14.95 monthly service fee, and the per-transaction charges are 4.9% + $0.49. You can also sign up for a free account where you will be charged 20% per order, or test the service using a 7-day free trial. Although the monthly fee may seem steep, PayLoadz prides itself in increasing their sellers’ sales by an average of 1,000% through its extensive marketing efforts.
PayLoadz gives you several options when choosing a payment system, including PayPal, Google Checkout and Amazon Payments, and supports multiple currencies. Overall, PayLoadz is a perfect fit for someone who is serious about their online sales business, offering many tools to maximize your sales potential.
ThemeForest is one of the Envato Marketplaces and is a great place for Web designers and developers to sell their products. It is the largest WordPress Theme market on the Web, which translates to a lot of competition, but also a possibility of high profits. When you submit a theme, ThemeForest determines what its price will be. You will receive a 33% commission if you are a non-exclusive author, meaning that you’re also selling the same product elsewhere, and a commission of 50-70%, depending on the volume of sales, if you are selling exclusively on ThemeForest.
Templamatic is a Web design marketplace where you can sell your site templates. This platform offers its sellers a lot of flexibility. Registration is free and the seller is given a 90% commission on items sold. If your design is purchased by a customer who was referred to you by an affiliate, you receive a 50% commission. The affiliate then receives 40% and Templamatic still gets its 10% cut. Templamatic promises to approve your submission within an hour, and allows you to update your files and documentation after approval. You are allowed to sell the same designs on other websites, and you can set your own price for your items.
If you are trying to make some extra income selling your photography, art or videos online, iStock may be the right place for you. If you are ready to start selling, you have to register on the website as a free member and then apply to become a contributor. This will require you to study the iStock training manual and pass a quiz at the end. When all this is done, you will be allowed to submit three samples of your work for evaluation. Make sure you select the highest quality work that is best representative of your portfolio. Once you are accepted as a contributor, you will be able to earn a 15-20% royalty rate for downloads as a non-exclusive member, and up to 45% as an exclusive member. However, you can only become an exclusive member once you reach 250 downloads and a 50% approval rating as a photographer or an illustrator.
Although it may seem that making a living by selling your work on iStock is impossible, there are many talented photographers who earn a respectable income or supplement an existing one with the help of iStock.
Cutcaster is another platform for those interested in selling photographs and vectors. Exclusive sellers earn a 55% royalty rate, while if you want an option to sell your work elsewhere at the same time, you will be paid 40% of your sale price. Cutcaster gives you an option to set the start price of your item or to let the website do it for you. Cutcaster uses tiered pricing determine the cost of different sizes of the same file. Each piece of work that you submit is reviewed by the site to make sure it meets all the necessary standards and requirements regarding quality, size and copyright. Keep in mind that if you want to sell photos of people, you will need to submit a signed model release form for each individual depicted.
CrowdSPRING claims to be the No. 1 marketplace for logos, graphic design and naming, and is a must visit for any designer who works in creating any of these products. CrowdSPRING actually offers over 40 categories of projects to choose from, from mobile icon design to resume editing. CrowdSPRING is not a typical marketplace where sellers upload their work for sale; instead, companies or individuals submit requests for projects they want to purchase. The buyer sets a monetary reward and deadline for completion, while CrowdSPRING authors submit their work for consideration. Registration on the website is free, and if your entry wins the project competition, you receive the full monetary reward. CrowdSPRING is a great option to consider if you like taking on new projects in a competitive environment and believe your work stands out from the crowd.
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