7.1 Digital Products versus Inventories

What are digital products?

“Digital products are intangible products that can be transferred over a digital network. They have zero copy costs, and users can make perfect copies. The costs structure of digital products (high fixed costs that are sunk, and tending towards zero marginal costs) in conjunction with the above features changes the economics of digital products vs. traditional goods.” Ref learnthat.com
Examples of digital products include but not limited to:
• Software
• Electronic Books
• Memberships
The products named above can fall in various categories including the one that you specialize in. Example:
List of Categories:
Business to Business
• Education
• Publishing
• Industrial
• Management
• New Products
• Reports
• Promotion
• Web Design
Health & Fitness
• Addiction
• Womens Health
• Spiritual Health
• Fitness
• Alternative
• Medicine
• Beauty
• Nutrition
• Mental Health
• New Products
• Diet
• Remedies
Home & Family
• Cooking & Recipes
• Kids
• Garden
• Parenting
• Crafts
• Students & School
• Pets
• Marriage
• Family Tree
• New Products
• Home Improvement
• Real Estate
Computing & Internet
• Network Administration
• Web Hosting
• New Products
• Browsers
• Programming
• Domains
• Site Design
• Email Services
• Graphics
Money & Employment
• Debt
• Management
• Resume
• Education
• New Products
• Self Employment
• Investment
• Entrepreneur
• Home Business
• Finance
• Jobs
Marketing & Ads
• Banners
• Submitters
• Classified
• Consulting
• How To’s
• New Products
• Ezines
• Promotion
• Resources
Fun & Entertainment
• Astrology
• Novels & eBooks
• Psychics
• Screensavers
• Games
• Tarot
• Music
• New Products
• Humor
• Magic
• Hobbies
Sports & Recreation
• Autos
• New Products
• Golf
• Sports-picks
• Casino
• Training
• Team Sports
• Horseracing
• Extreme
• Outdoor
Society & Culture
• Charity
• Language
• New Products
• Politics & Government
• Fine Arts
• Love & Romance
• Shopping
• Travel
• Investigation
• Law Enforcement
• Philosophy & Religion
• Science

If you identify a digital product in any of the above categories, then compile it into a digital product and you are guaranteed a lifetime income without further efforts.

Let’s see how you can automate profits.