Are digital goods and services platforms profitable?

Discussion in 'General Business' started by peremiumgigi, Mar 25, 2024.

  1. #1
    There are many such platforms in the world today, what kind of features does a new platform need to get more users?
     
    peremiumgigi, Mar 25, 2024 IP
  2. sarahk

    sarahk iTamer Staff

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    #2
    It needs to solve a problem that the competitors have missed.
    Then it probably needs a massive advertising budget.
     
    sarahk, Mar 25, 2024 IP
  3. GreenHost.Cloud

    GreenHost.Cloud Active Member

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    #3
    A platform that has a new idea or improves the existing ideas and users need it.
     
    GreenHost.Cloud, Mar 27, 2024 IP
  4. Chiara Light

    Chiara Light Greenhorn

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    #4
    Digital products can definitely be profitable, provided you set up the right business model and take the necessary precautions.
     
    Chiara Light, Mar 28, 2024 IP
  5. Mark Elijah

    Mark Elijah Greenhorn

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    #5
    Digital goods and services platforms can be very profitable! The key lies in offering unique, valuable products and features. To stand out, a new platform should focus on user experience - think easy navigation, secure transactions, and a curated selection of high-quality content or services. Building a strong community around the platform can also be a major advantage.
     
    Mark Elijah, Apr 1, 2024 IP