• Odd Night
  • Posts
  • 💡Digital Templates: A Wealth Of Opportunity Awaits

💡Digital Templates: A Wealth Of Opportunity Awaits

Your next profitable side hustle is knocking

Author

Odd night
October 13, 2023

Good evening Odd Nighters!

We’re back again with another side hustle ripe and ready for you to start profiting from.

Today we're peeling back the curtain on a hands-free, money-making gem that’s as intriguing as it is accessible.

Let’s get straight into it.

Here’s what we got for you today:

🌐 Your digital template guide
🔑 The power of ordinary
🚗 Flying cars are on their way

Today’s Drop 💼

🌍The World Of Digital Templates

 🍿The Big Picture:

Imagine a side-hustle that doesn’t demand your 9-to-5 commitment. Imagine creating something once and letting it generate revenue while you sip coffee, play with kids, or even sleep.

Welcome to a golden opportunity where your one-time effort continues to reward you: digital templates.

Let’s dive into the venture that respects your time and multiplies your efforts.

🛠 The Idea:

Create digital templates online (without any major tech skills) and sell them to an unlimited amount of people.

The Blueprint

Create a digital design - perhaps a wedding invitation, a structured meal planner, a journal template, and then sell it online.

1. Craft the designs using Canva, a tool so easy that it requires no design experience.

  1. Pop them onto platforms like Etsy, Amazon, and Gumroad to get those sales rolling in.

    3. Finally we’ll market them on Pinterest & Meta ads to draw people into our virtual shop.

    Types of templates to explore and sell:

    wedding invitations , habit trackers, meal planners, lesson plans, greeting cards, invoice & receipt templates.

    These are just a few, the possibilities are endless.

    💡 Bonus tip: if you have a special skill like video editing or photography, try selling your custom presets and filters. Peter Mckinnon does 🤷🏽‍♂️

Finding what your customer wants in your niche is vital. The tool for this? EverBee.

This Chrome extension shows you crucial information of already existing shops like monthly revenue, shop age, total reviews ,total sales and keywords . It helps you understand what buyers want and how to stand out.

🔥 Is the Market Hot?

The Global Virtual Goods Market generated revenue of around $67.5 billion in 2021 and is anticipated to grow a CAGR of over 20.2% during the forecast period from 2022 to 2028 to reach around $203.6 billion in 2028.

🍞 Revenue Potential:

Imagine pocketing 80% profit, with templates averaging $12-$16 a piece. Sell a modest 100 templates a month, and voilà, that’s an extra $1200-$1600 landing in your lap.

This Etsy store generates a staggering 55k monthly from one product priced at $28.


Youtuber Brandon Timothy not only pulls $19,000 monthly using this strategy but also shares how you can do exactly the same (not sponsored!)

🎯 Conclusion:

In the ever-expansive universe of digital products, opportunities to generate wealth are truly endless.

Your unique creations, be they templates for joyful occasions or practical daily use, can become your perpetual income source, crafting a future of financial freedom and creative expression.

The canvas is yours, and we’re here to guide the brushstrokes!

Tweet of the Day

Midnight Meme 😂

Odd Notes:

  • Content creators are now raising venture capital 🤔

  • OpenAI revenue at $1.3B ARR, from $28M in 2022

  • Flying cars are coming soon and you don’t need a pilots license.

Business is sealed for today. Keep your ears to the ground and join us on another Odd Night, where the family spills more secret hustles.

Have a business idea that we could feature? Hit reply and share the 411. If we ride with your plan, you'll see your name in the credits. That a deal?

Disclaimer: This newsletter is educational, not financial advice. Exercise caution and conduct personal research before making investment decisions. W