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Glossary / Lexicon

What is a digital product?

02/09/2024 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

A digital product is a product or service that exists in digital form and is provided via electronic devices or the internet. Unlike physical products, which have a material form and are usually tangible, digital products exist exclusively in electronic or digital form. Here are some examples of digital products:

Software: This is one of the most common examples of digital products. Software applications, be it operating systems, office programs, video games, apps or web-based applications, are digital products.

E-books: Digital books that are published in electronic form and can be read on e-readers, tablets or computers are also digital products.

Music and audio content: Digital music albums, podcasts, audiobooks and other audio content that can be streamed or downloaded online are digital products.

Video content: Movies, television shows, video games and other video content available through streaming services or digital download platforms are digital products.

Digital art and design elements: Graphic designs, illustrations, 3D models and other creative elements that are created and sold in digital form are digital products.

Online courses and training materials: Digital educational resources such as online courses, e-learning platforms and training materials are digital products.

Web services and subscriptions: Services such as cloud storage, software-as-a-service (SaaS) applications, web hosting and streaming platforms are digital products.

Digital licenses and codes: Digital licenses for software, games or other products as well as digital activation codes for access to certain services are digital products.

Digital products have the advantage that they can be easily duplicated, distributed and updated. They do not require physical production or delivery and can therefore often be offered more cost-effectively. This has led to the emergence of digital markets and service industries that have grown strongly in recent years.

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