New Business Idea πŸš€ $20K/Mo Selling... This Digital Product


Business Idea #451, $20K/Mo Selling Templates

Welcome to Business Idea #451​
​Grab your coffee, it’s a 2-min skim or an 8-minute read to your possible path to a 1m$ Business!

In today’s letter, we’ll cover:

  • An Offer You Can’t Refuse πŸ”₯
  • Business Idea: A Templates Store πŸ“°
  • Case Study: How PathPages got to $20K/month πŸš€

Business Idea #451: A Templates Store πŸ“°

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πŸ“ Summary

Want to build a business selling a product that requires zero inventory and helps people get their lives together?

That’s exactly what PathPages is doing, offering a range of premium and free Notion templates to over 120,000 happy customers!

[Full Case Study + Business Link Below] ⬇️

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πŸ› οΈ Tools Required

  • Hosting & Domain: Bluehost
  • E-commerce Platform: WordPress + WooCommerce
  • Payment Processor: Stripe
  • Template Creation: Kadence or Elementor
  • Email Marketing: Brevo
  • SEO Research: SE Ranking

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πŸ’ΈStartup Costs

I'd recommend budgeting around $700 to get your digital store up and running professionally. The hosting and domain will cost you $48/year for a starter plan. You can use the free WooCommerce plugin and Stripe payment processing (they take a percentage of sales, but cost nothing upfront). For marketing, a solid SEO tool like SE Ranking costs $49/month, and an email marketing platform like Brevo starts at $9/month. This budget keeps things lean while giving you great tools for growth.

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🧠 Knowledge Required

To succeed, you'll need digital marketing knowledge. Our course covers:

Other:

Case Study Analysis - A Templates Store: PathPages

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What does this online business do? πŸš€

In today’s edition, we’re profiling a website that helps people be more productive using Notion templates.

PathPages is a digital storefront offering premium and free Notion templates for different needs.

The premium templates are complete systems with multiple pages, helping users manage everything from finances to personal projects.

With over 120,000 happy customers, PathPages is clearly doing something right.

Curious about how this business makes money? Keep reading to find out.

As always, we’ll reveal the strategies behind its success and potential growth opportunities.

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How does this online business make money? πŸ’»

PathPages earns money mainly by selling its premium Notion templates.

The site offers many different templates, charging customers $99 for access to one template.

PathPages also has a complete bundle that includes all premium templates at a lower price. This bundle encourages customers to buy more at once, which increases their total spending in one purchase.

By offering a big discount, PathPages attracts buyers who may be unsure about buying multiple templates separately.

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What has this business done well?πŸ”₯

What makes PathPages a successful online business? Let’s have a look;

1) Wide Range of Template Options πŸ“„πŸ”„

PathPages offers a variety of templates to meet different user needs.

This extensive range includes templates for project management, finance tracking, life planning, and more.

Having this broad selection helps the business cater to various user groups and attract a larger customer base.

2) Bundled Discounts πŸ’°πŸŽ

The platform has a complete bundle that includes all premium templates at a lower price.

The big discount helps users see the value in getting multiple templates, which allows PathPages to boost revenue while giving customers many useful tools.

3) Positive Customer Feedback πŸŒŸπŸ—£οΈ

PathPages shows many positive reviews from happy customers.

This kind of social proof builds trust with potential customers, leading to more sales and customer loyalty.

4) User-Centric DesignπŸŽ¨πŸ‘Œ

The templates are designed to be simple and user-friendly, making them suitable for both beginners and experienced Notion users.

This ensures that anyone can use the templates without feeling overwhelmed, resulting in higher customer satisfaction.

5) Strategic Use of Free Samples πŸ†“πŸŽ

PathPages uses a freemium model by providing a variety of free templates.

These free templates serve as an effective, risk-free marketing tool. They help build trust and show the value of the paid products.

If a user likes a free template, they are much more likely to come back and buy a premium one.

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What this business could improve?πŸ”₯πŸ”₯πŸ”₯

To grow over the long term, PathPages can focus on a few key areas it hasn't fully explored. They include;

1) Address Declining Traffic πŸ“‰πŸ”

PathPages has experienced a significant drop in traffic, going from 8,700 visitors to only 713.

To turn this around, the site should improve its SEO strategy.

First, find out which keywords potential customers are using, then update titles, meta descriptions, and headers with those keywords.

Writing engaging blog posts can also help attract visitors.

Plus, making sure the site is mobile-friendly and loads quickly will enhance user experience and boost search rankings.

2) Leverage YouTube for Tutorials πŸ“ΉπŸ“š

The current Tutorials page should be turned into a video education hub on YouTube.

By sharing how-to videos and helpful tips related to its templates, PathPages can reach a larger audience.

Each video description can include direct links to the featured premium templates, tapping into the sales opportunities.

As the channel grows, it can generate passive income through YouTube ads.

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The Takeaway, What We Learned πŸŽ“

  • Wide Range of Options: By providing a variety of products or services, you can attract more customers and meet different needs.
  • Bundled Discounts: Consider offering bundles at a lower price. This can encourage customers to buy more at once, boosting your sales while providing more value to your customers.
  • Positive Feedback: Encourage happy customers to share their experiences to build trust and lead to more sales.
  • User-Friendly Design: Make sure your offerings are easy to use. When customers feel comfortable with your products, they are more likely to be satisfied and come back for more.
  • Free Samples: Offering free trials or samples can be a great way to show potential customers the value of your paid products. If they enjoy the free version, they are likely to return to buy the premium options.

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That’s it! PathPages has created a successful business by meeting the needs of productivity enthusiasts with its range of helpful templates.

If this case study gets your entrepreneurial spirit fired up, remember that the FREE course at Max Business School can set you on the right path!

Before You Go πŸ‘‹

Thank you for reading.

Remember, if you know someone who might like this newsletter, sharing is caring.

Also, here are some quick links you might find handy πŸ‘‡οΈ

If you are ready to get started with your own business, you’ll find everything you need here: access our Digital Marketing & Business Course, connect with like-minded entrepreneurs in our Private Online Business Community, take advantage of an Exclusive Hosting Deal, and explore new opportunities on our Careers Platform.

Bye for now,

Scott Max


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