Showing posts with label digital goods sales growth. Show all posts
Showing posts with label digital goods sales growth. Show all posts

Monday, December 21, 2009

PayLoadz – Easy and No Cost Way of Selling Your Product

If you’re looking for an easy and inexpensive way of selling your digital products online, PayLoadz really is your best bet. We know that the market for digital goods has grown exponentially and continues to do so every year. According to a research report, the digital goods market in the U.S. will hit $1 billion in 2009 itself and will continue to grow in the future (please see chart below).








The digital market encompasses all industries – musicians sell mp3 files, artists sell digital artwork, publishers sell e-books, and the list goes on and on. Business owners can sell downloads of almost any product and expand their customer base by doing so.

We provide an important and convenient platform to process digital sales. The transactions put through PayLoadz are always quick and painless with no extra cost to the buyer or the seller. First of all, there aren’t any start-up fees. Additionally, we offer free accounts and instant delivery of your digital goods. Unlike our competitors, we make it easy for both the buyer and the seller. We believe the ease of use and an overall positive experience is the most important aspect of the service we provide.

Today’s customers demand quick turnaround, which is why with PayLoadz there is virtually no wait time, either. Transactions are processed within seconds while the product is instantly delivered to the buyer and payment transferred to the seller. Many of our competitors cannot claim the same.

Using PayLoadz is so effortless that you don’t even need a website to sell virtual goods via our platform. What’s even better is that you don’t really even need an expensive credit card merchant processing account. You just need a PayPal or Google Checkout account, both of which are easy to set up and free to maintain.

With or without your own website you can use the PayLoadz platform to sell your products through the PayLoadz store, eBay and other online auctions, and even email campaigns using PayLoadz GoLinks, which has proven quite popular among our users. There’s no special software required! If you do have your own website, you can just copy and paste the HTML code leading customers to PayLoadz when they wish to make a purchase. It really is that simple.

There’s practically no limit to the types of digital products you can sell through PayLoadz. Moreover, our partners promote your products across the world. Basically, any intangible product that can be stored digitally is fair game. The virtual goods sold through the PayLoadz platform include everything from movies and music to manuals and e-books to games and software. As long as you have the proprietary or resell rights to a digital product, we can definitely help.

For business owners and entrepreneurs looking to expand their bottom line and product reach, PayLoadz is a viable option. It can be used as the sole platform and gateway to connect your product with buyers or just another choice in venues on which to feature it. Remember, the more options you afford your customers the more sales you will enjoy.

Sunday, December 13, 2009

Top Reasons Why People Buy Virtual Goods

In recent years, the virtual goods industry has become one of the biggest money makers worldwide. There is no escaping the fact that consumers are now buying virtual goods of all kinds, which is where PayLoadz comes in. We provide an invaluable service for both sellers and consumers in that we act as a gateway between the two. All transactions are propagated through our platform for an easy, guaranteed, and safe way to buy and sell virtual goods.

Even in economic downtimes, which we are currently experiencing, it is shown that virtual goods are a hot commodity. Just for reference, Payloadz is experiencing a steady growth of 30% in product offerings. This is actually both an economic and cultural phenomenon.

So, why is it that so many people continue to buy virtual goods, even when they are spending less and less money on other products? We’re going to take a look at why people buy virtual goods to make this a little easier to understand.

Virtual goods are sold in four main arenas, though these are not the only venues for virtual goods. Social networking communities, games, online dating sites, and virtual worlds are the four primary places in which virtual goods are bought and sold. In recent years, a new paradigm has been created – one in which these goods have increased in value.

One value, or benefit, of owning virtual goods is to help you stand out from the crowd. This means it affects your status either professionally or socially. Tangible goods that help adjust our status might include clothing, accessories, cars, and other objects. The same thing goes for virtual goods – what you have will help define who you are. Online behavior is amplified which means virtual goods are almost a necessity.

Virtual goods don’t have international boundaries, custom issues etc and the reach is really worldwide. The durability of virtual goods is another factor that has an effect on their popularity. Virtual goods never wear out unlike their physical counterparts; for example, an ebook will never wear out whereas its print counterpart will.

Buying virtual goods can also help you express yourself as they can help you socialize. There are plenty of ways that you can socialize – meet a friend for lunch, talk on the phone, host a party, or even chat online. However, socializing online is a bit different than in person. Virtual goods help you achieve this goal. By buying a virtual good, perhaps a digital music file, you could host it on your personal home page to express yourself.

If you want to gain in advantage, usually in different gaming experiences, virtual goods can help. These are digital objects that can help you reach a certain goal; sometimes this goal is conquering a computer game or surpassing another player. Just think of all the online games that you have heard of in which players buy and sell cheat codes and level advancements.

There are other reasons that people buy virtual goods, of course. In the business world, many people may purchase software to advance their business or protect their computers. There is virtually no end to the list of digital goods out there – just take a look at the PayLoadz Store to get an idea of what’s available. Basically, if you need a particular virtual good, it is probably out there – or better yet, why not develop it and sell it yourself through our platform?

Friday, February 29, 2008

Sellers' Sales Increase 1,036%

Sellers Using Our Service See 1,036% Year Over Year Sales Growth. A pretty incredible number. It basically means a seller that was selling on our service a year ago, on average, has seen their sales increase by 10x. That is pretty impressive.

As an example, if the average seller on our service has sales of $1,000 today, a year from now based on the average growth, they will have sales of over $10,000 per month. I'm impressed! I knew there was accelerated growth in digital sales when using PayLoadz vs. tangible goods, but I never realized it was this significant.

Get growing!

Shannon

THE SIMPLE MATH OF IT ALL
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Fun with database queries on a Friday night. Let's look at the math...

First, we query our system to get a list of all the sellers who had sales this time last year. We also get a total of those sellers' sales for a 30 day period from one year ago. Fast forward to today, we generate a list of sellers and match them up with the list from a year ago and compare their sales for this past month. Now we have a BIG list of digital good sellers from last and this year. We do a simple percentage change calculation using:

(New Sales-Old Sales)/Old Sales = % Growth Year Over Year

Finally, we average the number above for all the sellers in our list and we come up with 1,036.23%, or a growth factor of 10!