The ongoing digitalization has reshaped the world of business. The internet has opened a plethora of exciting opportunities. What’s more, with the pandemic wreaking havoc worldwide, we all had to retreat to the online world, speeding up the digital revolution.
With that in mind, now is the perfect time to take advantage of the situation and establish a digital business. However, the trick is to know what kind of venture will be the most profitable – for example, the best online lottery sites can be a source of additional income, too, but they unlikely will become a beneficial solution in the long run. If you still aren’t sure which path to take, we’ve got you covered.
From starting your SEO agency to becoming a blogger, here are the top ten beneficial digital businesses to start in 2021:
Digital Marketing Agency
Did you know that online reviews influence over 60% of all consumers? In fact, they are now considered a major factor in consumer decision-making. If you want to attract loyal customers, you have to set up a trustworthy digital marketing agency and make sure your brand is visible to everyone.
All it takes is to hire the right team, develop a compelling content strategy, and execute it consistently. To make things even better, once you establish your own digital marketing agency, you can offer your services to other businesses as well, bringing even more revenue to your business.
Ecommerce Business
This is one of the most popular and profitable digital ventures out there. Since no matter where we live, we all buy something online, it makes sense to start an e-commerce business. From cosmetics and clothing to electronics and books – people will always buy something from another person through the internet.
This is why you should start selling online as soon as possible. Of course, you will need to put in a lot of hard work to succeed, but the rewards will be well worth it if you do it right.
Website Development
There are many ways to make money online, but becoming a website developer might be the most profitable option available out there. As a professional web designer or developer, you can offer your services to both small and big companies. And when you create a new website for them, you are also promoting their brand on the web, meaning your portfolio will only benefit from freelance projects.
Social Media Manager
It doesn’t matter whether you have experience or not – social media expert is a great position to be in these days. As a social media manager, you can work with different companies and help them manage their social media accounts efficiently and establish effective communication with their customers. And because people are often encouraged by others’ opinions online, this position can be helpful for both businesses and customers alike.
Freelance Writer
Freelance writing is also an excellent way to earn money while working from home. Like any other freelancer out there, all you have to do is promote yourself and create compelling content that will appeal to your potential clients. From writing blog posts to developing content marketing strategies – freelance writing offers an array of options, which means you can decide what kind of content you want to work with and what kind of compensation you want for it as well.
Podcaster
Maybe this isn’t one of the most apparent job options out there, but it’s definitely one of the most enjoyable ones. Besides, during the lockdown, the podcast niche has become even more popular than ever, making it a worthy position to consider.
You don’t have to work at a boring office; instead, you get to record podcasts from home in front of your computer or smartphone. If you are passionate about something and have the voice for it or love investigating new industries, technologies, and trends, podcasting is definitely something you should be doing right now.
YouTube Channel
If you have talent or a passion for something, don’t hesitate to use YouTube to promote it. It’s not just about creating a video and uploading it online. You also have to build your subscriber base. The more subscribers you have, the more money you can make from advertisements. This is why it’s essential to prepare a strategy, put in the work at the beginning, and then reap the benefits later on.
Online Coaching
Transforming your passion into a source of revenue is never easy, but if you are willing to put in the effort, this is definitely one of the best ways to make money online.
If you have expertise in a specific area, all you have to do is create a website or blog, write articles or even a book, if you have narrowly specialized skills and knowledge, and offer your services. You can also use local networking groups to ensure your business is visible to people in your area. However, make sure to promote yourself online through social media platforms in the first place by providing your potential clients with educational yet entertaining content.
Franchise Business
Starting a franchise business these days is easier than ever before. This is because many small businesses are flipping their brands into franchises in order to make their businesses more beneficial and grow their revenue streams. And with no upfront costs required, there’s no reason why you shouldn’t follow suit. However, you should remember that it takes work and some investments to run a franchise business successfully.
App Developer
The app market is huge and growing rapidly. And since Apple and Google App Stores offer developers plenty of opportunities, it’s no surprise that becoming an app developer is so popular nowadays. From creating games to making productivity apps – there is a wide range of options available. So, if you are already familiar with programming, you may want to consider diversifying your workload by developing apps.
Conclusion
It is easy to get overwhelmed by so many work opportunities online, as all of them require a lot of effort at the very beginning – but which job position doesn’t, right? Especially if you are determined to succeed.
Podcasting, freelance writing and website or app development, online coaching, or digital marketing – all of these directions will allow you to realize your potential if you focus on evolving within the chosen niche. Thus, it is crucial to be guided by the skills you already have and the ones you want to develop, your financial expectations from the future position, and the opportunities you want to get.
