I Tried Selling Digital Products for 90 Days

About this Video

• Video Title: I Tried Selling Digital Products for 90 Days
• Channel: Tim Koa
• Speakers: Tim Koa
• Duration: 00:13:43

Introduction

This video documents Tim Koa's experience selling digital products on Etsy for 90 days. He shares his sales results, compares the experience to his existing physical product (sticker) business, discusses the advantages and disadvantages of selling digital products, and offers tips for beginners.

Key Takeaways

• Sales Results: Over three months, Tim generated $1,165 in revenue from 1,938 visits to his Etsy shop selling digital products. He considers this result amazing given the nature of his products.
• Comparison to Physical Products: Tim contrasts his experience with digital products to his established sticker business, highlighting the scalability and ease of fulfillment with digital products. He emphasizes the significant labor involved in his physical product business.
• Downsides of Digital Products: The video notes that digital product niches are often saturated, leading to increased competition, particularly given the ease of copying digital products. The potential for piracy and customer reluctance towards digital purchases are also discussed.
• Pricing Strategy: Tim suggests that a price point of $10-$20 is a "sweet spot" for digital products on Etsy, balancing profitability with customer affordability.
• Tips for Beginners: Tim advises focusing on products one is already familiar with, emphasizing solid product ideas, high-quality photos, and effective SEO as key to success on Etsy.