The latest in a series of complimentary pieces, the new guide draws on the experience of 30 successful entrepreneurs who have sold digital products, physical products, or a combination of both. Readers are provided with advice on some of the most popular approaches in each category.
More details can be found at: https://crucialconstructs.com/what-to-sell-online-digital-or-physical-products
The pandemic only served to accelerate an already rapid growth in e-commerce sales. As a result, many entrepreneurs are shifting their attention to this lucrative market. With the new guide, Crucial Constructs explains the most common physical and digital product categories, as well as some recently emerging trends.
Statistics reported by Forbes show that global online spending has increased from $1.32 billion in 2014 to $2.14 billion in 2021. Most experts agree that this growth will continue, given the widespread use of mobile devices and the convenience that consumers now demand.
As Crucial Constructs’ recent guide points out, physical products dominate online sales, making them an obvious choice for startups. The author states that a large proportion of this market is held by major brands, which can be difficult to compete against for new entrants.
In the digital product segment, however, the guide suggests that entrepreneurs may find several existing and emerging opportunities. Such categories include e-publishing and e-books, the creation of online courses, and software-as-a-service products. While physical products account for a majority of the market currently, the author explains that e-books are one of the fastest growing sectors.
About Crucial Constructs
Given the growing popularity of online business, Crucial Constructs is aimed at giving entrepreneurs and start-ups some of the most up-to-date advice on digital business trends and methods. Along with a wide range of complimentary articles, the company also offers the Crucial Constructs Academy program, consisting of over 19 modules and 250 training sessions.
A company representative stated: “Stepping into the unchartered world of entrepreneurship can get your anxiety pumping. You want to hit a home run with your first idea, but you don’t want to chase rainbows, either. With our new guide, we walk you through the pros and cons of different product types, so you’re ready to take your awesome business ideas to the next level.”
Interested parties can learn more by visiting https://crucialconstructs.com/what-to-sell-online-digital-or-physical-products
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Ireland Daily News journalist was involved in the writing and production of this article.