Digital goods, also known as electronic goods, e-goods and downloadable products, are an essential part of ecommerce. People are used to buying tangible products online, but downloadable products are quickly gaining ground too. These terms all refer to goods that are stored, downloaded plus used in an electronic format. Such items include but are not limited to ebooks, software, music files, digital images, e-tickets and html templates. They can be downloaded via a link either for the e-commerce site itself or within an email.
The buying and selling of digital goods are turning into a very rewarding business with huge potential to grow even bigger in the years to come. People are obtaining accustomed to buying and using digital goods and often prefer it over concrete goods. There are some major differences in between tangible goods and e-goods. Not to say that electronic goods are better than physical goods, but there are some specific advantages. Here are some worth mentioning:
Simply no inventory
Little to no startup cost
Consumers get instant gratification
Transaction is completed within seconds
Costs the same to sell much more thousands
If you are looking to start an web commerce business and do not have a lot of money then you definitely should start to sell downloadable e-goods. If you already own an e-commerce company and want to offer your customers more options then sell some digital items alongside your regular products. There are so many different kinds of digital goods which makes incorporating them into an existing online store relatively simple.
An e-commerce solution which offers people the ability to sell downloadable e-goods must have some of these basic features:
Automatic item download
Multiple file download for one product
Custom download rules that allow you to choose # of clicks or # of days the link will be valid until and also the option of only allowing the customer’s IP deal with to download the product
Have the option associated with no shipping
Product option and product variable specifications
Simultaneous concrete goods and e-goods checkout
Encrypted URL for added security
Simply listing electronic products on your web commerce site is not enough to escalate your sales revenue. You need to marketplace your digital goods as much as you will your tangible goods. There are several ways to promote digital goods on the web. One of the best ways is to start an affiliate system, which happens to be a lot easier than starting an affiliate program for tangible goods. One of the biggest marketplaces for e-goods on the web is ClickBank, they specialize in e-books and software. You will be given access to a large number of affiliates by joining their system.
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Another good tactic is to search for item directories specializing in the form of electronic downloadable products that you are selling and obtain listed there. There are many more creative ways to promote your digital goods, just put your thinking cap upon.