how to earn $700 per month through affiliate marketing by uploading free e-books on the virtual goods trading platform Gumroad.

April 28, 2024
by
earn-700-dollars-on-gumroad

What’s Gumroad?

Gumroad is an online platform that allows creators to sell digital products directly to their audience. It’s popular among writers, artists, musicians, software developers, and other creators who want to monetize their work independently. Creators can set their prices, customize their product pages, and manage their sales through Gumroad’s user-friendly interface. Customers can purchase digital goods such as ebooks, music, courses, software, and more, and they typically receive access to the products via download links or streaming. Gumroad handles payment processing and provides tools for creators to communicate with their customers and track sales analytics. Overall, it’s a flexible platform that empowers creators to distribute and sell their work directly to their fans.

Setting up your Gumroad account

To create a Gumroad account, go to their website and click the “Sign Up” button. Enter your name, email, and payment method. Confirm your account through an activation link in your email. Then you can start selling your products on Gumroad. You can also use with your exist twitter, gmail or Facebook to register. It gonna be much easier and quicker.

What you can sell on Gumroad?

You can sell anything on Gumroad, whether it’s a physical item or a digital product. If you choose to sell physical products, you may need a system to track inventory. I personally sell digital products on Gumroad and suggest you browse the options and choose what works best for you.

The products by category are list as below. I only lists a few. You can find more on its site.

Selling digital products is a good idea.

It is risk-free, low in cost, and sells quickly.

Digital arts: Artists, photographers, and illustrators can sell their digital artwork to companies or individuals.

E-books:Poets and writers can choose to publish their own book and sell it as a digital e-book on Gumroad for people to buy and read.

Templates: You can create reusable designs for things like reports, PowerPoint slides, job procedures, resumes, and more, and then sell them on the internet. You can also make poster design templates to sell to customers.

Online course and video: If you make classes on the internet, you can ask people to pay to see your live presentations, video instructions, guides, and digital lessons.

Portables: You can sell items like worksheets, projects, artwork, calendars, stickers, and more in digital format.

Monthly subscriptions: As a creator, you can sell memberships and give exclusive content to your audience who buy the membership. 

How much does Gumroad take per sale?

10%

Gumroad pricing consists of two primary parts – a flat fee per transaction and then fees for payment processing services such as Stripe and PayPal. A consistent 10% fee is applied to the sales price of every product sold, followed by an additional fee taken by Stripe or PayPal when a customer pays for your product.

Is it worth it to sell on Gumroad?

  • For Digital Creators: If you’re a creator of digital products such as eBooks, music, art, or software, Gumroad is particularly well-suited for this type of content.
  • Niche Products: It works well for niche products where you can directly engage with a community or audience that is interested in what you offer.
  • Starting Out: It’s a great platform for testing out new products and ideas without a significant upfront investment.

Overall, whether Gumroad is worth it depends on your business model, your audience, and how much effort you are willing to put into promoting your products. If you prefer to have control over your sales process and have the means to drive traffic to your products, Gumroad can be a very effective platform.

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