like most IM niches it is getting more and more competitive; so yes you can make large sums of cash, but this is going to require some sweat and time.I'm intending to set up digital store. i want anybody in the house who know more about it to shed more light.
Blood, sweat and beers!
What do you mean by digital?
What kind of products are you planning to sell because the digital niche is quite vast.
Do you plan to sell physical digital products, intangible products,software, SaaS, IaaS, PaaS?
Each one is different and has different economics behind them,
When i say digital i mean digital products that you can sell on your own e-commerce store such as
themes, templates, php scripts, Royal stock Photos, logos, pretty much anything web related you can think of.
Well, there are already stores for this kind of "digital products". So you must find an angle, something a bit different in order to distinguish yourself from the competition.
A coupon code website for such products could be an idea.
Also, where are you going to get the digital products from? Are you looking to be a re-seller, or develop them in house?
Yes, a re-seller
Thanks for your concernThen, you can sell almost anything.
The only issue is that you need to do some SEO and marketing as these niches are well established with players with deep pockets.
I think you should check also e-wallets for crypto. It’s still a new niche, so you could establish a foothold faster than in other, older areas.