Digital finance products are in high demand as both novice and experienced investors look for reliable, ready-made tools to enhance their decision-making.
With Sherpo's versatile, AI-first platform, creators like us at Fossato Economico can easily build, distribute, and manage finance-centric digital products that customers will find both useful and actionable.
Here are some of the top ideas for finance-related digital products you can create and sell in 2024, targeting investors, students, and other finance enthusiasts. Feel free to take inspiration from these ideas!
One of the simplest and most effective tools for any practitioner is a well-structured checklist. With Sherpo’s no-code platform, creating online checklists that you can always update is a breeze. These checklists can cover topics from stock investment due diligence to ETF or cryptocurrency assessments.
At Fossato Economico, we launched a stateless checklist on Sherpo, and the response has been excellent due to its simplicity and practicality.
A detailed DCF model targets those seeking deep dive buy-side or sell-side valuations. It should include inputs for revenue projections, cost of capital, and sensitivity analysis to offer a comprehensive view of a company’s intrinsic value. These models are invaluable for users who want data-backed insights without building models from scratch, particularly for value investors.
A simplified DCF model caters to less experienced users with various inputs, like growth assumptions, tax effects, and terminal value. This format keeps complexity manageable while allowing users to experiment with assumptions to see how they impact valuations, making it ideal for entry-level investors. With Sherpo’s tools, creators can distribute these models easily.
An inverse DCF takes a reverse approach, calculating the growth rate or fade rate implied by a stock's current market price. This model is highly useful for users trying to determine if a stock is over or undervalued based on market expectations. With Sherpo, you can also offer a short video tutorial to guide users.
An ETF comparison tool or portfolio tracker helps investors keep track of their assets and assess performance. By including sortable fields for factors like fees, historical returns, and risk levels, this product gives users a dynamic view of their portfolio’s health.
Professor Damodaran’s publicly available financial models provide a wealth of data, but not everyone has the expertise or time to adapt them to specific needs. Repurposing these spreadsheets into specialized templates (e.g., making them simpler to use and adding video explanations) gives users a way to apply Damodaran’s work directly.
Reference: Damodaran's Spreadsheets
Customized DCF models for specific companies, including pre-populated data for key drivers like revenue growth, profit margins, and capex, can save users significant time. These models allow for quick “plug-and-play” adjustments based on the latest financials, making them highly attractive for investors focused on specific stocks.
Here are recommended price points for each of these products, balancing accessibility with perceived value.
| Product | Suggested Price (USD) | Description |
|---|---|---|
| Finance Checklists | $10-$15 | Simple, actionable tools for investment due diligence or financial assessments. |
| Detailed DCF Model | $30-$90 | Comprehensive valuation tool ideal for in-depth analyses with sensitivity options. |
| Simplified DCF Model | $25-$40 | Beginner-friendly DCF with extra tabs for adjusting basic growth and valuation inputs. |
| Inverse DCF Model | $30-$90 | Helps users reverse engineer market assumptions about growth, including tutorials. |
| ETF Comparison / Portfolio Tracker | $10-$30 | Interactive tool to compare ETFs, track portfolios, and assess performance. |
| Re-purposed Damodaran Spreadsheets | $30-$40 | Customized templates based on Damodaran's models, simplified and ready for immediate use. |
| Company-specific DCFs with Key Drivers | $50-$500 | Pre-built DCFs for specific companies with major value drivers already populated. |
These prices can be adjusted based on additional features, such as tutorials, customization, or regular updates. A subscription model may also be attractive if you plan to update your products regularly.
Selling finance digital products is a profitable way to share expertise with a growing audience. Sherpo’s AI-powered, no-code platform simplifies the process of building, distributing, and managing these products, making it ideal for creators seeking a competitive edge. Whether it’s comprehensive DCF models, checklists, or portfolio trackers, Sherpo empowers creators to transform financial know-how into market-ready digital products.
If you’re looking to enter the finance digital product space, consider Sherpo as your platform of choice—just as we did at Fossato Economico.
Fossato Economico
Nov 15, 2024
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