We start with a definition of digital product. As the name suggests, a digital product is a non-physical good that exists in a digital format.
Examples of digital products include e-books, online courses provided by platforms like Udemy and Coursera, digital arts, music, video games, software applications, subscriptions etc.
Netflix, Apple Music, Spotify, Google, Fincra, Adobe, Zoom etc all offer digital products.
Looking at these examples, you could see that these brands typically deliver their digital products to customers via download and offer businesses a way to provide value without physical inventory.
Digital products can be easily modified to keep up with changing technology and trends because they’re intangible.
This is an advantage digital products have over physical products; tangible products are not as flexible or as easy to transfer from one point to another.