What is the Most Profitable Online Business for the Average Person?
One of the most popular topics in today’s world is how to make money using the internet. While there are many way to make money online, not all of the ways
are created equal. A lot of opportunities promise big things, but only make money for those at the top, or who are very technically savvy. I am not interested
in those programs, I wanted to know what is the most profitable online business for the average person. So with that in mind, the first question you might ask
is what exactly do you mean by the “Average Person”. For the purposes of this article, the average person is with someone who has a job, but would like to
make more money and if possible, be able to quit that job and make a full time living off of the internet. Secondly, I’m assuming that the average person does
have a small to moderate amount of money to dedicate to an online business. Finally, the average person should have a minimal amount of time they can
dedicate to the starting and maintaining their business. Finally, We are assuming that the average person wants to see a decent return for the amount of time
and effort they put into their business. In other words, let’s create a business that can generate $1000’s of dollars per year, not just $100’s per year. So, with all
of this in mind, the question of the day is:
What is the Most Profitable Online Business?
Okay, I admit it, that was a tease. Because what works for one person may not work for another. We all have different personality traits with different strengths and
weaknesses. But don’t let that stop you, the internet is huge! That’s why it’s called (the World Wide Web)! So if you are truly interested in making money, there is a
place for you on the internet. What do you like to do? Do you enjoy writing? Good writers are in demand all over the internet. Technical writers are always in
demand, if you have a background in science, medicine, computers or any specialty field. Then there is a demand for writers. The pay for technical writers varies
with experience, but somewhere between $20-$30 per hr can be expected. Below is a screenshot of a google search for technical writers.
What is the Most Profitable Online Business?: Other Options
Technical writing not your thing? Don’t worry, we still have many options to look at. Are you a Facebook addict? Do you Like Twitter, Pinterest, YouTube? There is
a big demand out there for social media managers. A social media manager is responsible for posting company updates, responding to questions and comments
made through social media and just generally making sure that the company maintains a positive presence
on social media. Who uses social media managers? Large corporations have complete divisions dedicated to
there social media accounts. Celebrities use them to keep up appearances for their fans. There is a HUGE
need for social media managers in the small business arena. Most small businesses will already have some
social media presence, but most won’t have the time or budget to spend on keeping everything up to date
online. Your strategy with them should be to offer different levels of services according to their needs.
For X amount you will manage their Facebook account answering questions and updating information
once a week. For 2X you will do their Facebook account plus Twitter. You get the idea, by starting out
slowly and inexpensively, you can eventually acquire all their social media accounts so that they just have to concentrate on the business.
What is the Most Profitable Online Business?: Blogging
How about starting a blog about something you are interested in? Let’s say you like aviation, well, there’s your blog! There are endless things about aviation you
can blog about. Well, that’s great you say, but how do I make money blogging about a hobby I’m interested in? Good questions, there are several way to monetize
a blog. Google Ad Sense is a very popular way to generate income off your site. Google will pay you to advertise on your blog, the rates vary and you must have a
minimal amount of traffic going to your site every month.
What is the Most Profitable Online Business?: Affiliate Marketing
Affiliate Marketing is another popular way to monetize your blog. Let’s think about this, who is going to be reading your blog
about aviation? Well, mostly people who either own an airplane, want to buy one, or are taking flying lessons. One of the
things all pilots need is a good headset, see the picture of a headset on the right? When you click it you will be taken to
Amazon and if you purchase one, I will receive a commission because you used my link! Becoming an affiliate marketer is
just creating a relationship with someone who sells an item related to the subject of your blog. If the person clicks on the link
that is on your blog and buys the item, the seller will send you a commission. Here are some examples of items you could sell
on that aviation website using Affiliate Marketing.
- Electronic or paper chart holder
- Aileron safety devices
- Elevator safety device
- Headsets for pilots and passengers
- Soap and wax to keep the plane looking good
- They even make portable air-conditioners for airplanes
As you can see, the list can go on and on. But the best thing about Affiliate Marketing is that you don’t have to carry inventory, ship it or even process the payment.
Your Affiliate partner does all of that, they just send you a commission.
So, What is the MOST Profitable Online Business?
That my friend is something only you can decide! What I have hoped to have given you in this article are some ways to evaluate what’s right for you. Keep in mind
that unless you already have a lot of experience in any of the above fields, you will require training. Whether it’s on-the-job or online, getting the proper training
is the key to success in any business. If you would like to review my personal recommendation for the best online opportunity with the best training, you can find
it here. I truly hope that I have been of service to you and your quest for accurate information.
As always I appreciate questions, comments and Ideas from all my readers.
Good Luck on your journey,