Refunds are a reality for every business; small, large, and in-between. But what happens when your business sells digital products that can’t be returned? This week in The Weekly EDDit we explore the unique nature of refunds for digital products.
Do you sell it via your website with a tool like Freemius? Do you sell it via a marketplace like Envato? Do you offer a freemium version through the WordPress repository? In this interview Vitalii shares his path to success using Freemius.
Launching a WordPress maintenance service is a great way to add a reliable revenue stream to your freelance business. And ManageWP can be there every step of the way. One user shows us how he accomplished it so you can, too.
Want to start a blog and make money? Are you trying to find new ways to make money from your existing blog. This guide will get you up to speed.
Phil Derksen has plenty of experience selling a WordPress product business. Here, he shares what the process looked like with his most recent acquisition.
There are many digital products out there. To sell, you’ll need to market yours. Patrick Rauland shares how he codes & promotes his products simultaneously.
When your plugin or theme business reaches a certain maturity, inevitably, you start to explore additional revenue streams. One trendy channel is affiliation. Setting up an Affiliate Program can be a powerful, long-term investment that will make you money, power up your SEO, and improve your brand awareness. Alternatively, if planned or executed incorrectly – become a huge waste of time and money, so it’s important to do it right.
About twenty months ago, while sitting on a couch in Auckland, New Zealand, my team and I flipped the switch to enable automatic renewals for AffiliateWP. Two months later we did the same thing for Easy Digital Downloads and Restrict Content Pro. This was a move that we had been working towards for nearly a year and it’s one that we believed would fundamentally change the position of the company over the next one to two years. Now that it has been twenty months, maybe we can answer the question: were we right? Did it make a significant impact for us or was it all futile hopes?
On December 14, 2016, my team and I pushed a significant change to our Easy Digital Downloads products: we increased the price on all extensions by 50-250%. Yes, you read that right: up to a 250% price increase on certain plugins. This change was done for a number of reasons, which I will get into shortly, and has resulted in a very interesting last three months. Since I have always been very open with my company’s financials, I would like to now share some reflections on the change that we made and to also share some of the aftermath of the change.
Welcome to Entrepreneurs On Fire monthly income reports! We pull back the curtain and reveal the earnings and expenses of all things Entrepreneurs On Fire related. The goal of these reports is for fellow Entrepreneurs to emulate our successes and avoid our failures, and as you will see, there are plenty of both.
I didn’t get to where I am overnight. It’s been a long road filled with lots of hustle and my fair share of mistakes. And yet, through persistence and passion, I’ve managed to build something amazing—something I never thought possible when I first launched SPI.
This marketing research discusses the importance of Black Friday & Cyber Monday, specifically for WordPress plugins & theme sellers. My goal is to bring forth data to show why not doing anything to increase sales during BFCM means leaving a LOT of money on the table, plain & simple.
“You can watch the money roll in without lifting a finger.” “Kick back on the beach as your profits soar.” “Wouldn’t you like to make a living while on vacation?” You’ve likely heard all of these pitches before. If you’re involved in the online business world at all, odds are good you have. Let’s talk realistically about how to do it.
If you’re new to WordPress plugin development You might be asking yourself whether you should release a limited, free version of your plugin with an option to upgrade, or maybe just charge money for any access to your product. The answer is a familiar one: It depends. Decisions, Decisions…
To build a winning marketing page that will drive installs, writing good copy is not enough. You need to take this further and optimize your marketing page with elements that leave an impression and drive conversions. Learn how to enrich your WordPress plugin marketing page with GIF animations boost your installs.
Automation can be a scary word for some, especially when a business relies on being able to make a personal connection with clients or customers. When it comes to working in WordPress, however, we understand that automation is a good thing (up to a certain point anyway). While we obviously don’t want a bot writing a bunch of gobbledygook for our blogs, we do want to streamline our workflows when it makes sense to do so.
If you’re trying to sell corporate memberships and felt like WooCommerce couldn’t do it, the good news is that now it can! Check out this demonstration.
The decision of whether or not to use pricing pages on your freelance website is entirely personal. Here’s how to decide if you should publically share pricing.
How do you monetize a WordPress site? How can you create a full-time income from a web entity? There are many ways to monetize a WordPress site: Advertisement, e-commerce, sponsored posts, membership sites and more. Learn about them all here.
Co-founder of MotoPress, Alexander Mat, shares his company’s biggest challenges in today’s saturated and Guten-stirred WordPress products’ market. MotoPress has been a successful WordPress business creating sustainable plugins & themes for small & midsize businesses, so it is interesting to get Alex’s take.
Selling your premium WordPress plugins on CodeCanyon? Is this marketplace the best option in terms of revenue? We dug deep in their numbers to find out.
Envato’s ThemeForest and CodeCanyon are de-facto the leading marketplaces for WordPress plugins and themes. With a growing community of over 7 million subscribers, both marketplaces sound like a lucrative place to start selling your digital products. Are they right for your WordPress business?
Are you looking for the top ways to make money online that are NOT scams? WordPress is the largest publishing platform on the planet, and it powers over 30% of all websites. These aren’t “get rich quick schemes.” If you’re willing to put in the effort, here are 25 legitimate ways to make money online blogging with WordPress.
In all of the Interwebs, WordPress plays a key role. It can lay claim to 60+ million websites, 65 percent of the CMS-powered websites market share and a vast community of enthusiast developers, designers, and advocates. Because of this, it should be your choice to start an online business, whether it’d be about selling products or providing custom services. So, how can you earn money with WordPress?
Ready to strike out and start your own business? If you have experience working with the world’s most popular content management system, you may want to consider exploring new ways you can make money with WordPress.
Nowadays many people have found ways to make tons of money with WordPress. There are many different ways by which you can also earn a living online with it. Have you ever thought of making money using WordPress? If yes, this detailed post is a treat for you where I will be discussing 8 proven ways to make money with WordPress.
Having spent a good portion of the last few years of my business around entrepreneurs who are heavy into marketing I’ve become painfully aware that for some reason there seems to be an aversion to ‘selling’ when it comes to WordPress.
In this week’s post, we’ll be taking a look at everything we do to create a new product or WordPress plugin. We don’t adhere strictly to any specific software development process, but the method we’re using currently seems to work well.
Looking at the WordPress plugins market today, the most widely used monetization model is “support + unlimited premium updates”, for a period of a year. And if you want to keep getting updates and support, you’ll have to purchase a license for another year.
This guide is about how to setup WordPress as an automated platform to efficiently create and manage websites to make more money through new revenue channels, higher margins on existing services, recurring revenue streams, serving more clients in less time, productizing services and more.
This guide is for picking domain names for you own business website, a client’s website or for any project that needs a domain name.
The most important thing about this question is knowing when to ask it. Most small businesses are masters of their craft, not website experts. That’s why 95% of small businesses have outdated websites. That’s also a big opportunity for WordPress professionals to help out.
Search engine optimization (SEO) is what increases your chances of being found when customers search for a product or service like yours with Google, Bing, and other search engines. If a customer is using a search engine to find what they need and you don’t show up, you don’t exist.
Half of small businesses still don’t have websites. Why? 41% of these businesses without websites say their business “does not need a website.” This is a dismissal, not a reason. WordPress and WordPress professionals are the answer to make it cheaper and easier. As a WordPress professional it’s our duty (and our opportunity) to bring more businesses online for the first time and help them thrive.