11 Ways to Make Money With Spreadsheets

In a world of saturated digital products out there, spreadsheets are a high value – low competition market if targeted correctly!

If you made it to this page is because you are either intrigued and had no clue you could turn spreadsheets into cash or are looking for alternative ways that goes beyond just selling spreadsheet templates on Etsy.

So, get ready, because we’re about to dive into a world of possibilities you might not have considered before!

Who knew that our beloved Google Sheets could be a lucrative stream of passive income?

Whether you’re a seasoned entrepreneur or just dipping your toes into the online money-making scene, this blog post is for you!

We’ve curated 11 powerful ways to turn your Google Sheets skills into a source of passive income. And yes, it’s way beyond the conventional!

Our goal is to open your eyes to the untapped potential that lies within those familiar cells and formulas. So let’s jump right into it!

1. Sell Ready-Made Templates Online

This strategy is the one most people talk about. It involves creating and selling spreadsheet templates directly to your target audience online.

You can sell the spreadsheet template on marketplaces such as Etsy, Gumroad, etc or directly on your website.

Customers purchase these templates for their specific needs, such as social media calendars, financial planning, data analysis, project management, etc.

Focus on templates that are super handy, solving real problems for your target audience. It’s all about creating something that feels like a no-brainer for their needs.

That’s how you turn those spreadsheets into a smooth stream of income, with a side of good karma for making someone’s day that much easier.

It’s a straightforward way to generate income by offering valuable tools that save time, money and enhance productivity.

2) Use Them as High-Value Lead Magnets to Upsell Your Main Product or Service

This is one of my favorites and very little people talk about it!

In this approach, you offer free or low-cost spreadsheet templates as lead magnets to attract potential customers.

These templates provide IMMEDIATE VALUE and serve as an entry point to your sales funnel.

Once users engage with your templates, you can upsell them to your main product or service, which is typically of higher value.

This strategy helps build trust and a relationship with your audience, increasing the likelihood of conversion.

This strategy works great for us, because we have a PLR Spreadsheets Membership for Digital Product Creators, so we offer freebies like this one: Digital Product Toolkit we created specifically for our target audience, where the upsell is our membership (If you’d like to see how the funnel works, download the freebie and check out the Thank You Page!)

But we have many VIP members offer spreadsheets as lead magnets for their different target audiences.

3) Offer Them in Membership Subscriptions

Create a membership site where subscribers get access to a growing library of exclusive spreadsheet templates, tutorials, and resources.

Charge a monthly or annual fee for membership, providing a steady stream of passive income.

You don’t even have to teach Google Sheets per se, but you can create a membership for your target audience and offer monthly spreadsheet templates that will help them accomplish something in their journey. Out of ideas of what type of spreadsheets you can offer to your target audience? Then grab our 1500+ Spreadsheet Ideas freebie and get inspired!

You can even mix and match with other digital products – need ideas? Grab this 250+ digital product ideas freebie.

Anything and everything you can add to your membership as tangible deliverable will add a LOT of value to it.

4) Offer Spreadsheet Consulting Services

You don’t even have to be a high-level expert! If you are familiar with formulas and know your way around Google Sheets enough to troubleshoot when needed, all you need to do is be a few steps ahead of whoever you’ll be teaching,

Offer consulting services or workshops focused on spreadsheet optimization. You can use your expertise to guide clients in using your templates effectively, charging for your time and knowledge.

5) Add Your Spreadsheets To Digital Product Bundles

This one is a great opportunity to increase your revenue fast, without needing to sell a product a gazillion times.

Bundle your spreadsheet templates with related digital products like eBooks, checklists, or online courses.

This enhances the value proposition and can justify higher price points.

6) Add Your Affiliate Marketing Links Inside Your Spreadsheet Templates

This one is a great opportunity to display your affiliate links in one place for quick access, while delivering value to your target audience.

Include affiliate links within your spreadsheet templates to products or services relevant to your audience. Earn commissions when users make purchases through these links.

For example – If you are a travel blogger, you can create a Travel Planning Spreadsheet, and on the main page, you can add all your affiliate links for booking, travel agencies, etc.

Ps: Did you know that we offer a travel planning spreadsheet with reselling rights inside of our vault in The VIP Spreadsheet Hub? Consider this a shortcut to passive income!

Anyways, we are not travel bloggers, but we have members that are, and they recommend TravelPayouts, Booking.com, TripAdvisor, among others. You can see a list of the Top 9 Affiliate Programs For Travel Bloggers here.

7) Run Online Workshops or Webinars

Host online workshops or webinars showcasing the power of your spreadsheet templates in solving specific problems.

Charge participants a fee for attending these educational sessions, or offer the workshop for free and upsell the spreadsheet.

8) White Labeling

Offer white-labeling options for your templates, allowing other businesses or entrepreneurs to rebrand them as their own (We offer this service inside of the VIP Spreadsheet Hub!).

Charge a premium for this customization service.

9) Content Licensing

License your spreadsheet content to educational institutions, training programs, or online courses. They can integrate your templates into their curriculum, and you earn royalties.

10) Create Spreadsheet Templates with E-commerce Integration

Develop spreadsheets that integrate with popular e-commerce platforms like Shopify or WooCommerce.

These can help businesses manage inventory, sales, and customer data more effectively, and you can charge a premium for such specialized solutions.

11) Printable Versions

Convert your spreadsheet templates into printable versions for physical planners, journals, or workbooks. Sell these physical products alongside your digital offerings.

It’s important to know that not every spreadsheet you create and share online will instantly bring in money. However, there are definitely steps you can take to increase your chances of success and make sure your spreadsheets don’t fall flat.

So… How Will You Monetize Google Sheets?

What If You Could Start Monetizing Spreadsheets Today?

At Spreadsheetables, we offer a little bit of everything we talked about in this post except custom work / consultation because we want this to be as passive as possible.

With a little effort and the right approach, your spreadsheet creations can have a real chance of making an impact and even generating income.