Myth: Digital Products Have No Overhead Costs
Some believe that selling digital products is cost-free once created, assuming there are no associated expenses.
While digital products don’t require physical materials, they still incur costs. These can include platform fees, marketing, website hosting, and payment processing fees. Creating a successful digital product may also require tools for design, software for eBook creation, or video hosting for online courses. Additionally, marketing costs and customer support can add to overhead. Profitability in digital products requires understanding and managing these expenses to maintain a sustainable income stream. Digital products are profitable, but they’re not entirely cost-free.