Summarized Reddit Comments on Digital Products:

Is it Possible to Make Money Selling Digital Products?

Yes, it is possible to make money selling digital products.
Creator made $17k in a month by selling digital products on Etsy and StanStore.
Marketplaces can be saturated but high demand means potential for sales.
Working with something you know or are passionate about can lead to better results.
Best to avoid claims of effortless income from selling digital products.

Pros and Cons of Selling Digital Products:

Pros:

Passive Income: Some sellers make consistent passive income from platforms like Amazon's KDP.
Creative Freedom: Sellers can create a variety of digital products like ebooks, courses, and templates.
Low Overhead Costs: Compared to physical products, digital products typically have lower production costs.
Wide Range of Offerings: From stock photos to software, digital products cover a wide spectrum.
Ease of Distribution: Digital products can be easily sold online and accessed by customers instantly.

Cons:

Saturation: The market for digital products can be oversaturated, leading to intense competition.
Marketing Demands: Successful sales require effective marketing strategies that can be time-consuming.
Initial Investment: Depending on the product, there may be upfront costs like creating quality content.
Scams and Misinformation: Some sellers exaggerate claims of income to sell courses or guides.
Skill Barrier: Success may hinge on having the right skills in marketing, content creation, and niche selection.

Recommendations for Selling Digital Products:

Niche Focus: Creating something unique or filling a gap in a niche can increase sales.
Educational Guides: Providing clear instructions and tutorials can improve customer experience.
Transparent Marketing: Avoid misleading claims of quick and easy income to build trust with customers.
High-Quality Content: Organizing files neatly, providing clear descriptions, and quality assurance are crucial.

Overall, while selling digital products can be a viable source of income, it requires dedication, strategic marketing, and a unique selling proposition to stand out in a competitive landscape.