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HOW TO LAUNCH A DIGITAL PRODUCT BUSINESS<br />

What's more, because ebooks usually contain actionable information and<br />

advice, they are actually very easy <strong>to</strong> sell. Ebooks promise <strong>to</strong> make our<br />

lives better by helping us <strong>to</strong> get richer, smarter or fitter, or by teaching<br />

specific skills. This gives them a very clear 'value proposition' and a great<br />

emotional hook – a fitness ebook is easy <strong>to</strong> sell as long as you focus on the<br />

fact that it's going <strong>to</strong> make your readers succeed with the opposite sex, feel<br />

confident and energetic and look amazing. Who wouldn't want that for $30?<br />

On the downside, there are a lot of ebooks out there which means you'll be<br />

going up against <strong>to</strong>ugh competition in a saturated marketplace.<br />

Unfortunately, the quality of ebooks can vary greatly which means some<br />

buyers aren't all that trusting of them.<br />

Finally, <strong>to</strong> be successful an ebook really needs <strong>to</strong> offer something<br />

genuinely useful and new. If you have a skill, then selling an ebook is great.<br />

If you have some unique experience, then again ebooks are easy. If you<br />

lack those things though, then you might struggle <strong>to</strong> fill all those pages.<br />

Software<br />

Software lies at the other end of the spectrum compared with ebooks.<br />

Unlike ebooks, software is not 'easy' <strong>to</strong> create and will generally require at<br />

least a fair amount of technical knowledge. There are 'app building'<br />

programs out there but none of them will give you the control you need <strong>to</strong><br />

build something really unique, powerful and functional.<br />

On the other hand though, creating software means fulfilling a specific<br />

function that people will be looking for. And if you come up with something<br />

new and fulfill a need/niche in the market, you can potentially be the first <strong>to</strong><br />

market with something new and thus have no competition. You'll also find<br />

it's easier <strong>to</strong> generate buzz and media coverage for software versus yet<br />

another ebook.<br />

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