Nowadays, there are more business models to make money online than ever before. Opportunities for online entrepreneurship are divided into two categories: content development and platform building. If you only want to reach your customers, create content. If you like programming, design platforms. Here are some ideas!
1. Independent music label
Market the music of artists who sign with your label. Find talented musicians, support them to record their songs, and launch new proposals on the market. Use YouTube or Vimeo as promotional platforms through music videos that go viral.
The themes will be marketed through online stores such as iTunes and your website, where you can also sell promotional merchandise from the artists. According to press reports, the intermediaries who upload music to the Apple store charge between 25% and 60% of sales.
2. Physical trainer
Advice for training routines and nutrition plans. Build a website and offer fitness and healthy eating plans, customized according to the client’s needs. Once the user has contracted the service, you can attend it personally or remotely, for example, via Skype.
Advertise your page in gyms and social networks. Charge by bank transfer, depending on the number of weeks that users want the service. Exercising is the second action –only after changing their eating habits– that Latin Americans are taking to lose weight.
One option is fibers, diaries on platforms like Tumblr that grow to a large following and are extremely easy to produce.
3. Virtual assistant
Remote assistance service for administrative tasks. Get a phone, a computer, and an Internet connection to carry out activities from your home that range from coordinating your clients’ schedules and organizing files to transcripts or other support tasks that they may require. Keep in close contact through different means of communication.
Charge via bank transfer standard rates for general services, as well as additional fees for specialized tasks.
4. Content blog
Write and market a blog. Create a digital blog and continuously feed it – regardless of the topic, your address – with original and relevant content for your target audience. Promote your content through social networks, with links that refer to your site to generate traffic. Market advertising spaces for companies interested in the segment you target and insert contextual advertising, such as Google AdSense, on your blog.
5. App design
Development of business apps for mobile devices. Create these customized programs for smartphones and tablets according to the requirements of the clients who request them, considering their potential for small and large companies. In the case of platforms like Apple and Android, pay an annual subscription that entitles you to unlimited sales. It offers user manuals and support via social networks.
According to the Mexican Internet Association, in 2014, 54 million users were reported in Mexico, with a growth of 5.3% compared to the previous year. Likewise, the exposure time to the Internet reached 6 hours, daily.
The advice of Daniel Feixas, co-author of the book How to Succeed on YouTube, is that if you are interested in starting as a YouTuber, turn to Google AdSense. It is a Google tool that allows owners or operators to insert advertisements on their websites and earn income.
Start by creating an account on YouTube. You only need a Gmail account to sign up for the video platform. The advantage of Google tools is that they guide you step by step and in your chosen language.
7. Trading on social networks
Set up a virtual store on platforms like Facebook or Pinterest for yourself or third parties. Display the product catalog and take advantage of your customers’ social interaction and feedback to refine the offer. Site users will disseminate your articles and offers as relevant to them.
Use PayPal to collect and a courier company to send the merchandise to the buyer.
8. Online training and education
It offers a virtual teaching service. There are two possibilities: one is to allow users to suggest and vote to choose the course according to their interests. When there are enough applications, organize the online course or workshop. The other is to offer users the possibility to ask a question that will be answered by an expert or to look for someone to train them; in this case, it is charged by intermediation.
9. Online payment methods
Launch an Internet payment platform for third parties. Develop the software that allows your clients – businesses or non-profit organizations – to receive payments or donations via credit and debit cards 24 hours a day. The available software must be safe and easy to implement. Your business consists of charging a commission for each transaction while allowing the end-user to make the disbursement at no additional cost.
10. Social networks or forums of expression for niches
Launch a website for people to interact, network, and befriend people who share a common interest. The goal is to promote a community of like-minded members. Choose the theme for your social network, and provide it with functionalities that allow the user to create their profile, connect with other community members, and upload and share content. Your income will come from advertisers who want to reach your member base.