What are the 6 most profitable small digital businesses?

In times of tight pockets and low wages, many people start their own businesses become an entrepreneur or, at least, to complete them income.

The good news is that the Internet, as the 2020 pandemic has shown, is a very useful tool for starting your own projects without making large investments.

Profitability will depend on website visibility and the ingenuity of the entrepreneur, who must be attentive to the alphabet of digital marketing and the metrics of the almighty Google.

What are the most profitable small businesses?

On the Hostinger site There are dozens of ideas for creating businesses that, they say, will be profitable. In their very detailed Spanish version of the site, they give great advice for creating new businesses, from becoming a potential blogger, to offering an online coaching service, to developing and selling mobile applications.

We have chosen some of these proposals, useful for the technical data and the simplicity with which they are described for those looking for a new path.

1. Create an e-commerce store

According to Hostinger it is one of the best options because, unlike a physical store, it has low initial costs: all you need is inventory and a digital store.

To open the store you can use web page builders, such as Wix OR Simple site, which offer a variety of templates and hosting options. Profitability will depend on the type of products and services offered for sale. Hostinger recommends venturing into jewelry, video games, and mobile accessories.

2. Become a blogger

According to Hostinger, this is a good business idea, especially for those who love writing and sharing their ideas. Large companies may also want to partner with the blogger. In this case, obviously, you need to achieve high traffic on the web.

As in the previous example, you need to create the blog on a topic you have knowledge about. Finally, you need to know SEO (Search Engine Optimization) and digital marketing to increase your visibility on Google.

3. Develop and sell mobile applications

The Hostinger site speaks very directly to those people who have ideas and do not dare to develop them. “If you have an idea that can solve people’s problems,” she advises, “consider turning it into a mobile app.”

This option is ideal for those who have a project capable of solving an everyday problem, even if it is not simple because it is almost all invented. But sometimes you can improve what exists. Additionally, several platforms, such as Udemy, offer app courses. There is even software, like AppyPie, that allows you to develop applications from scratch, without prior knowledge.

4. Develop yourself as a specialist in online advertising

Many small business owners who improve their sales in the online world need people who can recommend digital ads that can be used as a tool on the web. The Hostinger site advises his readers that it is a good idea to start a freelance career as an online advertising specialist, a practice also known as PPC.

And he emphasizes that this job is perfect as a small business for those who already have experience in online marketing. For those who don’t have this experience, the site is reassuring: there are many resources on the Internet, such as the Grow with Google program.

“The task is to help people achieve their advertising goals on various platforms, such as Google, Facebook or Pinterest,” the Hostinger article adds. “You will create strategies based on your business and products so that your ads reach the right audience.”

It is recommended to study project management, data analysis and KPI system among other tools to broaden your knowledge. And then, already with the preparation, he recommends joining the platforms to look for customers Hubstaff Talent OR Upwork.

As is common in the world of advertising, a job can be developed by going to a percentage of the searched results. Or, a simpler and widely used thing when you are already moderately prestigious, is to charge a percentage (10 or 20%) of the investment your client makes in advertising.

5. Give private lessons online

In the line of simple and easy businesses to start from home and without large investments, the Hostinger site proposes to start with the profession highly sought after in recent years of giving private lessons online. She usually starts by helping elementary-level students, but grows with advice and publications on the web, attracting college students in highly sought-after subjects such as mathematics and history. The great advantage of this small business (indicates the site) is that you don’t need a degree. It is enough that the knowledge provided helps those in need.

So, the site explains, you can grow in help services for language or income exams to colleges or universities, but at least there you will be asked an appropriate certification that demonstrates your knowledge or skills. For those who are just starting out, it is advisable to sign up to sites like Chegg or Skooli, platforms with their own users that will allow you to find students faster.

6. Manage small business social networks

Another good possibility for those young people accustomed and informed about social networks. There are many companies with small teams that cannot put together expensive equipment for network development. And they are looking for freelancers to carry out such tasks, including basic or startup marketing.

The site informs that this is a good path if you have the courage to manage social networks for different activities. And become an expert in promoting and imposing your products across networks. What do you need? Understand the client’s marketing objectives and use the brand voice. And it is very important to have (or acquire) skills in writing and photo editing, to create eye-catching publications. And use tools like Hemingway publisher AND canvas.

Another tip from Hostinger experts is that you should know about social media analytics, behavioral data that is useful for recommending actions. Finally, the site recommends using third-party tools to get a detailed perspective, such as using SproutSocial.