Digital products can’t be caught, felt, or tasted, but everyone uses them—from music to videos, ebooks to online courses, trading tools to online trading, and more.
Many authors organize entire businesses around these intangible goods, due to their demand and ease of distribution, and we are here to provide these authors the springboard to success in the form of Poshtrader Marketplace.
What are digital products?
A digital product is an intangible asset that can be sold and distributed repeatedly online without the need to replace inventory. These products often come in the form of downloadable or streamable files, such as MP3s, PDFs, videos, and in our case trading tools and apps.
The benefits of creating digital products
Digital products have many advantages that make them uniquely attractive to sell:
- Low overhead costs- You don’t have to hold inventory or incur any shipping charges.
- High-profit margins- There’s no recurring cost of goods, so you retain the majority of your sales in profits.
But digital products also come with specific challenges you’ll need to watch out for:
You’re competing with free content. With digital goods, users can probably find free alternatives to what you’re offering. You’ll have to think carefully about the niche you target and your product descriptions, offer premium value with your products to compete.
You’re sensitive to piracy/theft. You need to take precautions and reduce these risks by applying the right tools to protect your products.
Most of these difficulties can be overcome, with the right tools, development process, and marketing of your digital product business.
Selling at Poshtrader Marketplace
Developers for Traders – If you already have built something for any of our supported trading platforms than this is where you can start selling it, or use our marketplace as secondary marketing output.
You need to develop a trading solution but don’t have the coding expertise, we are here to help you out. Our team of experienced developers is offering programming services to get you started with ease.
Toggle our Author Fee Schedule to make your decision on which sales plan suits the best with your products. If you have both exclusive and non-exclusive products, you need to sell them from separate accounts, where you can add products per exclusivity plan.
The Author Dashboard
After you have applied to become an author with us, you will get access to the Author Dashboard. This is where you can manage your store within the Poshtrader Marketplace.
You have options to name your store, add a bio, payment information, and much more. Most important this is where you can manage your products, control your earnings, and follow the feedback from others.
Before you apply to become an author make sure you read and agree with our policies;
Now that you are ready, let’s get started