Myth: You Need to Offer a Physical Product to Make Money Online
People often believe that in order to make money online, you must sell physical products.
Making money online does not require physical products. Many entrepreneurs earn substantial income by selling digital products, offering services, or participating in affiliate marketing. Digital products like eBooks, online courses, and software require minimal overhead, allowing for high-profit margins. Additionally, services such as coaching, consulting, and freelance work can be offered online with little to no investment in inventory or shipping. Affiliate marketers make money by promoting other people’s products and earning commissions on sales without ever handling the physical goods themselves. By leveraging these models, it’s entirely possible to run a profitable online business without a physical product.