A must-have agreement for anyone and everyone selling digital goods such as templates, guides, ebooks, courses, and more.
If you’re selling digital products, you need a Terms of Purchase agreement on your store or website. Typically, these are displayed at checkout as a little box that says, “I agree to the Terms & Conditions.” They might seem small and silly, but they are essential.
Quick Details
What it is: An agreement that establishes important terms and conditions between you and anyone who visits your online store.
Who it’s for: Coaches, educators, service providers, creators, and anyone who is selling digital goods, courses, or memberships.
When you need it: When selling digital goods and products online (templates, ebooks, guides, courses, and more).
Why you need it: If you’re selling anything online, you must have a Terms of Purchase in place to protect your product or service and lay out exactly what will happen if the purchaser requests a refund, initiates a chargeback, or gives away your digital product.
Includes the following essential clauses:
- General Purpose
- Scope of Products/Services
- Delivery
- Disclaimer
- No Warranties
- No Guarantees
- Geographic Limitations
- Payment
- Billing
- Return Policy
- Subscriptions
- Cancellations
- Chargebacks
- Promotions
- Discounts
- Licenses
- Intellectual Property
- Consent to Use
- Age Restrictions
- Changing Terms
- Privacy + Protection of Personal Information
- Store Presentation Error
- Termination of Use
- Limitation of Liability
- Maximum Damages
- Binding Arbitration
- Choice of Law
- Notices
- Severability
- Waiver
- Transfer
- Assignment
- Force Majeure
- Heading for Convenience
- Entire Agreement
- All Rights Reserved
Other Info: If you're looking for a Terms of Purchase for physical products, head over here.
