What are Some Good Businesses to Start

byJeffBrown4

1.4K followers

2 years ago

Hello WA Family

What are some good businesses to start just might inspire some of you? You can have three websites with a premium account, so that gives you three niches you can promote from WA.

Step-by-Step Guide

Self-Assessment

• Content marketing encompasses various skills.
• Are you a wiz at SEO research, a captivating writer, or a social media maestro?
• Recognizing your strengths will guide you towards a business that allows you to shine.
• What kind of content excites you?
• Do you have a niche expertise or a passion for a particular industry?
• Building a business around your interests can make the journey enjoyable and fuel your motivation.
• Do you have the budget to invest in tools or software?
• How much time can you dedicate to building and running a business?
• Be realistic about your resources to choose a feasible option.

Business Ideas

Freelancing

• This is a classic choice for content marketers. Offer your services on platforms like Upwork or Fiverr, or reach out to businesses directly. You can specialize in writing, editing, social media management, or content strategy.

Content Marketing Agency

• If you enjoy managing projects and have a broader skillset, consider starting your own agency. You can cater to a specific niche or offer a range of content marketing services to a wider audience.

Content Creation Service

• This caters to businesses that need high-quality content but lack the resources to create it in-house. Focus on a specific content format, like infographics, videos, or podcasts

.Content Membership Site

• Build a community around your expertise. Offer exclusive content, tutorials, or resources through a paid membership model.

Blog with Paid Products

• Establish a blog on a topic you're passionate about. Develop an audience through high-quality content, then offer paid products like ebooks, online courses, or consultations.

Research and Planning

• For any business idea, research the competition, target audience, and overall market size. This will help you refine your concept and develop strategies for success.
• Create a roadmap outlining your business goals, target market, marketing strategy, and financial projections. This will be a crucial tool for securing funding or attracting potential partners.

Conduct further research specific to your chosen business idea to create a solid foundation for your entrepreneurial journey as a content marketer.

Profitable Niche Guide

Fintech and Blockchain

• This rapidly evolving field requires content that explains complex topics in an understandable way.

Healthcare and Wellness

• People are constantly seeking information about health and wellness. You can create content on fitness, nutrition, mental health, or specific medical conditions.

Retail

• With the rise of online shopping, there's a demand for content that helps consumers make informed decisions. You can create product reviews, buying guides, or trend analysis.

Software as a Service

• SaaS companies need content to educate potential customers about their products' value. You can write blog posts, case studies, or white papers.

Artificial Intelligence and Machine Learning

• Similar to Fintech, AI, and ML are complex fields. Content that explains these technologies and their applications can be valuable.

Cybersecurity

• With the growing threat of cyberattacks, businesses and individuals need to stay informed. You can create content on cybersecurity best practices, product reviews, or emerging threats.

Education and Training

• The education sector is embracing online learning, creating a need for high-quality educational content. You can develop courses, tutorials, or educational materials.

Marketing and Advertising

• Content marketing is a key part of the marketing and advertising industry. Your expertise can help businesses develop content strategies, write ad copy, or create social media campaigns.

Personal Development and Productivity

• There's a constant demand for content that helps people improve themselves. You can write about self-improvement strategies, productivity hacks, or personal finance management.

Choosing a niche that aligns with your interests and skills is crucial. When you're passionate about a subject, you'll be more likely to create high-quality content that resonates with your audience.

How to Choose Profitable Products & Services

Market Research is the Key

• Look for products or services that address a current need or solve a problem for a specific audience.
• Use tools like Google Trends or social media listening to understand what people are searching for and interested in.
• See who else is promoting similar products or services. What's their marketing strategy? Are there gaps you can exploit? Consider using tools like SEMrush or Similarweb to research competitors.

Product/Service

• People are more likely to buy products or services they believe will significantly improve their lives. Focus on promoting products that offer clear benefits and solutions.
• Consider promoting products or services with recurring subscriptions or ongoing fees. This can provide a more stable income stream compared to one-time purchases.
• Many companies offer affiliate programs where you earn a commission for every sale you generate. Choose products with reputable affiliate programs that offer competitive commission rates and reliable tracking systems.

Your Audience

• Promote products or services you're genuinely interested in and have some knowledge about. Your enthusiasm will translate into more convincing and effective promotions.
• Consider what your target audience typically needs or wants. Promote products or services that complement the content you create and resonate with your audience's interests.
• Ensure the products or services you promote align with your overall brand image and message. Promoting something that clashes with your brand identity can confuse your audience and damage your credibility.

Helpful Tips

• New product categories and service models emerge all the time. Stay informed about industry trends to identify new opportunities for promotion.
• Don't be afraid to experiment with different products and services. Track your promotion results to see what resonates most with your audience and generates the best return on investment.
• Authenticity is key. Focus on creating valuable content that builds trust with your audience. When they trust your recommendations, they'll be more likely to convert into paying customers through your promotions.

By following these steps, you can increase your chances of choosing profitable products and services to promote, ultimately leading to a successful content marketing strategy.

Recurring Product/Service Guide

As a content marketer, promoting recurring revenue products and services can be a fantastic way to build a stable income stream.

Here's a step-by-step guide to help you find the perfect options

Audience Analysis

• Content marketing thrives on niche expertise. Who are you creating content for? Entrepreneurs? Fitness enthusiasts? Gamers? Understanding your audience is crucial.
• What are your audience's struggles and goals?
• Do they need help managing finances, optimizing their workouts, or picking the best gaming gear?
• Focus on products/services solving their problems has been a proven success strategy for years.

Recurring Revenue

• From beauty products to pet care, subscription boxes offer recurring revenue potential. Look for boxes your audience would find valuable and companies with strong affiliate programs.
• Many businesses rely on software subscriptions. Research SaaS tools your audience needs – project management, marketing automation, design software – and find companies with generous affiliate programs.
• Does your niche have established membership sites offering exclusive content, courses, or communities? Partner with these sites to promote their memberships to your audience.

Research

• Is the market for this product/service growing or shrinking? Understanding market trends can help you predict future profitability. Tools like Google Trends can be helpful.
• Investigate commission rates offered by affiliate programs or average customer lifetime value (CLTV) for membership sites. Choose options with good earning potential.
• Ensure the product/service has a good reputation and offers real value. Promote things you believe in to maintain audience trust.

Content Strategy

• Your content should naturally lead to promoting the recurring product/service. For example, if you write about fitness, promoting a workout apparel subscription box fits with your target audience.
• Plan your content calendar around promoting these products/services. Reviews, tutorials, and comparisons can all be effective promotional tools.
• Explore both organic traffic generation (SEO, social media) and paid advertising to reach your target audience and drive subscriptions/signups.

Tracking & Optimization

• Use analytics tools to track affiliate clicks, conversions, and revenue generated. See what's working and what's not.
• Test different headlines, visuals, and promotional strategies for your content to see what resonates most with your audience and drives the best results.
• Building strong relationships with product/service providers can lead to exclusive offers, higher commissions, and long-term success.

Don't be afraid to experiment! Try promoting different recurring revenue options and see what resonates best with your audience. The key is to find a balance between profitability and genuine value for your readers.

Final Thoughts

Recurring products and services are your key strategy for the most success, so think about this carefully next time you are writing your product reviews.

I hope you found this helpful,

Jeff