Digital or virtual products are the product or service that does not have a physical form. For example, music, e-books, videos, photos, stock images, games, applications, etc. These products do not have physical stock, instead you can only use them virtually.
In this internet age, selling these items is becoming a multi-billion dollar industry. A lot of money is invested in this economy. The online virtual market is now 15 billion dollars.
It has many benefits over physical products. Unlike physical products, virtual products are non-perishable in nature, carry no storage costs, and never run out. This article will tell you how to start selling virtual products online.
But before you start selling these products online, it is very important to keep the following points in mind. Here in this article, we will discuss ‘5 things to consider before you start selling digital products online’.
Selling virtual products online
In order to create a successful online store for selling virtual products, you need to consider the following points.
Copyright
This is the first and most important point that you should consider before you start selling virtual or digital products online.
Unlike physical products, virtual or digital products are more vulnerable to theft and copying. One can easily copy their products and sell them online.
Therefore, it is very important that before you start selling digital or virtual products, you obtain the copyright of your products.
large file size
This is another important point to consider before you start selling virtual or digital products online.
Virtual or digital products such as HD movies They are always bigger. The size of such files is also up to 2 GB. Therefore, there must be a proper provision for uploading such files on your website.
The best way to upload such files is with the help of a third party server. You can upload your files to a third party storage website like Media Fire etc. and then share the link on your website.
Payment process
The checkout process is another important point that you need to consider before you start selling it.
The payment process for selling virtual or digital products cannot be the same as for physical products. Below two points make the payment process different from each other.
- In a digital or virtual product there is no physical delivery of the product
- Users will not prefer to share personal data just for downloading the virtual or digital product from the Internet.
Therefore, for the sale of virtual or digital products there must be an adequate arrangement to collect multiple currencies through the online payment option.
Now it’s you turn. Please don’t forget to share your comments with us. Also, if you have any problem selling these items, please feel free to contact us. We will be happy to help you.