Online Business Ideas to Hunt Down in 2020 | Make 30-40K in a Month!
Snippet - Yes, we are here to give you some of the most interesting and easy to start with online business ideas for beginners, students, housewives or anyone who loves to be their own boss! And, these are even the best for the beginners looking to start a career that involves them and their passionate idea!
Are you tired of working from home? And, the pressure is literally putting you off from the 9-5 job?
Or are you a person that is looking forward to starting an online business during this lockdown? And, want a growth that continues even after the lockdown?
The question that keeps us awake all the time is -
“Will 2020 be the year when I will finally create a profitable online business or at least start a dream business?”
Well, if you search online, there are about a hundred million business ideas for beginners. But, here is the truth - if you wish to start a business it should be digital marketing. We go on and on about how digital marketing has changed the industries and businesses, and not only this they have also changed the way customers or audiences perceive shopping, learning and even changing their lifestyle, being influenced by the digital marketers.
Be it banners to big data, digital marketing is continuously evolving and it is one of the fastest industry for anyone to shift to!
If you choose digital marketing or online business ideas to make a career then you can achieve your dream of traveling around being a digital nomad that operates his/her business with just a click! Be online, be there with your audience and ample sales!
Let’s jump onto the online business ideas to go for this 2020!
“Lockdown yourself, not your dreams!”
01. Start a Blog and Monetize it:
Okay, let’s be honest, we all have once thought of writing blogs and earn money from it? Right? The idea of earning money just by posting something valuable for the audience has our hearts.
So, for good reason and a kickstart of this vulnerable year that we are going through, you can start it off with this amazing online business idea for students, career shifters and the ones who wish to have extra pocket money.
Do you know - Some bloggers make $50k per month!
In 2020, it is a lot easier to start blogging and also monetize it. Okay, hold your horses, we are getting to it.
Keep in mind that you don’t just start a blog and expect money instantly! Start slowly with writing the best blogs that -
- Entertains people.
- Solve issues.
In other words, it should be engaging and impressive! Now the part comes when you have to monetize the blogs and this can be done in multiple ways -
- Including affiliate links.
- Sell products through the blog.
- Or selling ebooks.
So, research and get onto this online business idea that gets you amazing money plus you can even write about your passion while going places.
Note - With blogging, you can make a good social media presence, you can build your own army of patrons by sending them newsletters daily! Once you have set your foot in the blogging with ample shares, likes and positive comments, people will try to build links with you for their product or service to be showcased in your blog.
Yes, it is a long process but it is worth the wait!
02. Selling Information Products:
Ask yourself, what are your talents?
What is that one thing that sets you apart from others and also lets you step into the digital marketing world?
Do you have a talent for content writing? Do you have great knowledge about search engine optimization? Or something simpler like playing guitar? Good football-playing knowledge? Or maybe skating skills (which I have always wanted to learn!)?
8 out of 10 people from developed nations go online to search for something informative!
And, these 8 out of 10 people are looking for someone like you to teach them the required skills! Yes, you have a chance of selling your talent and in a good way. You know we’ve always learned ‘Sharing is caring’. So, in this online business idea, all you have to do is earn money by sharing your knowledge or your talent.
“BE AN INFOPRENEUR”
For this follow these steps -
- Establish your niche. [Make sure you choose something that lingers for long and you have an ultimate passion for it!]
- Create a YouTube channel, or a blogging website or conduct webinars, or use Instagram IGTV to put good tutorials.
- Reach your audiences and grow your family.
- Sell the courses and webinars.
You can charge money for your courses or even if you don’t you earn a lot from YouTube likes, shares, and views.
Easy niches are the best to aim for - How to play guitar? How to lose weight? Yoga time? Keto dieting tips and things to have?
Anything to everything can be taken for selling information. This online business idea is for housewives too. They can put up a cooking show or a dance class.
Ensure that you put these tutorials, webinars or ads for them everywhere on social media sites. There are over 2.5 Billion monthly active users on Facebook!
And, if your content is unique moreover simple and easy to learn, people will share! You will absolutely gain people’s respect and confidence.
Once you get people hooked on what you’re selling them!
03. Affiliate Marketing:
Can you imagine your life without the internet? No?
Not at all!
We all go berzerk when the government shuts down the internet services for a day. You might be thinking about what I am talking about, well this is the introduction to the next best online business idea for 2020 and I am going to now slip it in.
We all had the desire to not work and earn money? Or either earn money with less work! Well, here is the way, the prayers are answered and it is affiliate marketing.
“Affiliate marketing is the process of earning a commission by promoting somebody else’s product.”
And to our surprise -
Affiliate programs generate 15% to 30% of all sales for advertisers and more than 80% of brands use affiliate marketing!
Hell lot of jobs out there! You can be an affiliate marketer.
There are two main ways to do affiliate marketing -
- Information products -
You have to promote products like ebooks, membership sites, video series, and many other informative content/products.
“Information products have up to 50% or more in commission! And, to top it all with benefits - it has the lowest barriers!” You can easily find the information products through contacting to the aspirants.
- Partnering with the top e-commerce applications/websites -
Like Amazon! There are many people who are already a part of the Amazon affiliate program. You can simply sell their products with your unique affiliate links and when the products get sold through you then you will earn commissions.
How to Start with Affiliate Marketing?
To begin with the Amazon affiliate marketing, you can read our blog that is dedicated to this online business idea for beginners. You can read it here, it is a step by step process and easy too. Find it here.
How to Win in Affiliate Marketing
To win in affiliate marketing, the goal is to have a superb and strong relationship with your audience.
“People in the affiliate marketing business make as much as 75% commission from a digital product.”
You can earn a lot by affiliate marketing and all you have to do for this is include the affiliate products link in your YouTube description, email list, or on your blogging post.
04. Online Coaching and Consulting:
People almost 50% are online looking for a course to buy or looking for professional advice all the time!
It is the fastest way for them to get instant advice and instant knowledge and this is what is the deal-breaker for us. It is the finest and profitable online business idea for everyone in 2020
You would have noticed that articles, videos or podcasts with a sense of urgency are chosen the most, even we click on a link instantly which creates urgency. For instance, want to know how to earn 20k sitting at home? Want to know how to lose weight without losing the diet?
There’s a high demand for coaches and consultants in specific fields which are - health, fitness, sports, life, and relationships. And, also not to mention, the business ideas that everyone wishes to learn and execute instantly!
So, if you’ve got a service or training course to offer - then this online business idea is rocking for you. To begin this, follow these steps -
- Get the tools required like group learning, live chat, e-learning, etc to smoothen your work.
- Provide knowledge that fills the skill gaps for the audience.
- Provide informative, easy and engaging content.
- Establish relationships with the audience. Let the success makes the noise and people will share it more. Payment and earning comes later.
- Offer flexible payment structures
- Gather feedback
- Keep updating your skills!
Here are the statistics that show the annual growth of top 5 domains in online consultation -
- Healthcare - 7.1%
- Education - 4.8%
- Marketing - 3.6%
- Business Coaching - 3.5%
- Personal Training - 3.2%
05. Selling Digital Marketing Services:
Digital marketing is a whole new world! And, small businesses and local businesses are looking for these services a lot nowadays! And, this can be the best profitable online business idea for you.
And, trust me, digital marketing is much bigger than just putting up ads online!
Well, everyone is looking for services, why not we be the service provider?
63% of marketers say their biggest content challenge is driving traffic and generating leads.
You can sell your talent, if you are an SEO champ or an SMM champ, you can help out the businesses to rank higher and also gain a good social media presence. In the end, earning a lot from the services. If you know how to create a good website, you can be helpful for those businesses that are looking to make onto the online world after this lockdown!
This was all about the different ways in which you can make money sitting at home! If you are interested in learning any of the above-mentioned points then you can learn digital marketing in Udaipur at the Orionators School of Learning – Asia's fastest-growing digital marketing training institute and know about the different modules including YouTube marketing, affiliate marketing, and Facebook marketing, closely.
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