The Internet is becoming an increasingly interesting trading platform. Not only are real products being ordered there more and more frequently, but the market for digital products is also growing continuously, as interest in these products is constantly increasing.
If you also want to generate sales and profits on the Internet, the platform could be just right for you. You can use the platform to market your own products and services or earn money as an affiliate, i.e. as an advertising partner, by providing ads. One platform that specializes in the sale of digital products is the provider Digistore24. In this article, we explain how you can use it to earn money online.
What is Digistore24?
The founder of Digistore24 is Sven Platte, who first put the platform online in 2012 and is still considered the brains behind the portal today. His greatest motivation for doing so was initially a personal need, because he wanted to market digital products online himself, but couldn't find a suitable provider in German-speaking countries. However, he quickly realized that others were also interested in selling digital products.
Over the years, his business idea led to the platform being developed further and further, becoming more convenient and adding new functions. Several tens of thousands of retailers and affiliates are now active on Digistore24, and the influx continues. The company has long since ceased to be a sole proprietorship and now employs a large number of staff.
What products are sold on Digistore24?
The variety of products on Digistore24 is really large. The range includes, among other things
- e-books
- webinars
- tutorials
- videos
- online courses
- software
- Games
- Services of various kinds
However, this is only a small selection of things that can be sold via the platform.
The marketplace comprises various categories in which the individual products are classified. This provides a quick overview of what is available. It is important to know that the site is not intended for end consumers. It only brings together the sellers, who are referred to as vendors, and the affiliates. The actual sales transactions are carried out exclusively via the advertisements on the affiliates' pages.
A major advantage of Digistore24 is the transparency that the portal offers all users. For example, affiliates can see at a glance how high the cancellation rates are and what commissions they can receive. Cancellation rates on the portal are generally very low and, according to the company, average around six percent.
How can you earn money as a seller on Digistore24?
Registration for sellers is initially free of charge. Registration is completed in just a few minutes. On the well-structured portal, you can quickly set up the products on offer, set prices and establish contact with affiliates. In addition, the products can be marketed in attractive and customizable designs.
Digistore24 describes itself as a reseller. Reseller means reseller. The portal therefore sees itself as a link between the manufacturer of the product and the buyer. Strictly speaking, the individual vendor is no longer the seller, but Digistore24. This also means that many bureaucratic tasks are no longer necessary. For example, the portal takes care of issuing invoices and correct taxation. This is also possible for countries other than Germany, where different tax rates apply.
Digistore24 only delivers once payment has been received and offers many common payment services. Sellers do not need any technical knowledge to sell and are also provided with a whole range of ready-made forms. Just like the affiliate, the platform only receives money for its services once a purchase has been made.
How can you earn money with Digistore24 as an affiliate?
Affiliates operate websites on the Internet where they provide their target group with interesting information, for example as bloggers. This can be texts, photos, but also videos and podcasts. As there is usually a lot of work behind the provision of the content, for which the users of the site are usually not prepared to pay anything, the website operators often finance themselves with advertisements. These are very often placed according to the affiliate principle.
Affiliates can also register with Digistore24 in just a few minutes and create a user account. In the affiliate area, they then select suitable products that match their website or that they think might be of interest to a large customer base.
Affiliates can also use the service free of charge. However, they only earn money once a purchase has been made via their own website. However, the commissions are quite high compared to other affiliate providers. Affiliates are also provided with a number of tools that allow them to see how many clicks or leads they have generated, what has actually been purchased or which products are performing particularly well. With the help of these tools, they can customize their affiliate strategy.
By the way: If you want, you can also create a combined account that allows you to act as both a vendor and an affiliate.
What are the disadvantages of Digistore24?
Digistore24 does not have many disadvantages. The biggest one is that the offer is primarily limited to digital products and services. Anyone who wants to take part also needs a business registration. Private sales are therefore not possible. And, of course, commissions must be paid. These would be waived in your own webshop. However, costs would be incurred for marketing measures to regularly attract new customers.
What payment methods does Digistore24 offer?
You can pay at Digistore24 in the following ways: by direct debit, but only up to a limit of 500 euros, by credit card, by prepayment or via the payment services PayPal and Sofort/Klarna. Installment payments are also possible in some cases. However, this is only possible with Paypal, credit card or direct debit.
What are the costs and fees at Digistore24?
As already mentioned, there are no costs for the affiliate, and the vendor only has to pay once a purchase has been made.
Fees for sales
Digistore24 generally charges a margin of 7.9 percent plus one euro per transaction. The margin is reduced to 4.9 percent for so-called high-price products from EUR 400. Digistore24 also offers a further discount of five percent for high-price products when purchasing in advance or via Sofort./Klarna. The reduced margin is then only 2.9 percent for the price share over EUR 400.
Fees for returns
A fee of 0.60 euros is charged for returns of up to 10 euros. One euro must be paid for amounts over 10 euros. Further fees are charged in the event of a chargeback.
The commissions for the affiliates, on the other hand, can be freely selected as described above. Overall, the costs remain manageable and are absolutely justified for the large advertising network that Digistore24 offers.
So if you want to earn money on the Internet with your own digital products or as an affiliate, then it is definitely worth taking a closer look at the portal. The fact is that many satisfied users have been able to achieve good financial success with Digistore24 in the past.