Starting a business as a student can be very challenging and for a lot of people it would seem impossible most especially because of time. Sharing your time to your businesses and school might really be a very difficult thing to do. But with the introduction of the internet, you can now engage or run your business online together with your education and be of full control.
Online business as the name implies are businesses that can be done, managed, and controlled virtually (using the internet). Unlike traditional businesses, you don’t need to be physically present to carry out your day to day business activities. This exceptional characteristic of the online business makes it flexible to run together with schooling. Business mistakes.
Though the businesses listed below are very flexible to run alongside your education. The reader should still note that he/she has to put a lot of effort and determination to actualize it. Good time management and zero procrastination are also key to actualizing it.
Now, without further ado, let’s check the top online businesses for students out.
Eight Online Businesses for Students in 2020
A website or blog is an online presence, page or platform where an individual, group of people or even an organization can use to entertain, educate, and inform a targeted audience on some particular subject matter such as politics, jokes, entertainment, sports, etc. As a student you can start one or more niches, with time, grow your audience, apply for advert publishing companies to push their adverts on your website or blog which you can make money from. But it does not end here, you can equally become an affiliate marketer and advertiser.
Another way to make money from blogging is to learn the skill of designing websites and blogs for people or organizations and get paid in return. This is a very cool way of making money, and the best part, it’s not so time demanding!
2. Online Video (V-logging)
A video blog or video log, sometimes shortened to vlog, is a form of blog for which the medium is video, and is a form of web television.
I bet you have watched a YouTube video lately? Of course, you have! This is one of the world’s most popular websites, with more than 2 billion users watching hundreds of millions of hours of video each day. And it’s not all cats doing funny things, by any means.
You can leverage YouTube’s reach to make money online. No, you’re not trying to create a viral video, so to speak, although if it does go worldwide and is seen by millions, that’s a good thing.
Instead, you’ll be following a proven strategy for maximizing views of multiple videos on a regular basis. You’ll be creating useful content – something engaging that people want to watch. And it works in many, many different niches. It could be a how-to video or a talking-head video on a topic of interest for people in your niche – the sky is the limit.
And the best part, you can insert adverts in those videos. The more people watch your content, the more money you make. Cool right?
3. Mobile App Development:
Mobile app development is the act or process by which a mobile app is developed for mobile devices, such as personal digital assistants, enterprise digital assistants, or mobile phones. You’ll notice that almost all websites now do have a mobile app. This is because they are data-friendly and most times are very fast. Because they are light and they do load quickly when compared to the web version.
Learning how to develop an app is a skill that’ll fetch you a lot of money as a student.
4. Affiliate Marketing:
As stated above, when you do have a good number audience you can help companies to sell their goods or services on your platform and get a commission for each successful business transaction. Sounds cool right? The platform referred to could either be your website, blog, or even your social medial page. A lot of students are mini celebrities on their social medial platforms but don’t know how to make money from it, but now you know.
Apply for affiliate marketing on sites or organizations that support it, and voila! You are good to go!
5. Digital Marketing:
Digital marketing is the component of marketing that utilizes the internet and online-based digital technologies such as desktop computers, mobile phones and other digital media and platforms to promote products and services.
Why be an affiliate marketer that sells for people to get smaller commissions when you can sell your own product and get a 100% profit? Well in this sense, digital marketing is more appealing. But to be a digital marketer you’ll need to be a problem solver, firstly, you have to find that particular goods or services people need in a certain locality but is scarce. You have to find a way to get that particular goods or services very affordable for members of that locality, have good packaging, and above all make sure it’s worth it. And of course, you must find a digital means to get your product or services to your audience.
6. Social Media Marketing:
Social media marketing is the use of social media platforms and websites to promote a product or service. Although the terms e-marketing and digital marketing are still dominant in academia, social media marketing is becoming more popular for both practitioners and researchers.
Most social media platforms have built-in data analytics tools, enabling companies to track the progress, success, and engagement of ad campaigns.
You can use your social media page to sell your products or services you render to your audience and make cool cash from it.
This would be very easy to start as a student, as I believe 99% of students out there have one or two social media profile(s).
If you have a very good number of audience on your blog, website, social medial profiles you can make money from it as an advertiser. There are a lot of companies out there that are looking for platforms to showcase their products to increase patronage. Your blog, website, or even your social media page might just come in handy, i.e. if you have a very good number of audience to showcase their product or services.
8. Search Engine Optimization (SEO) Business
With the ever-increasing number of people going into business every day, the need for advertisement cannot be overemphasized. As a lot of these businessmen and women are looking for means to make more profit. Online advertisement has been very helpful over the years, also building a new room for Search Engine Optimization (SEO).
SEO is the process of growing the quality and quantity of website traffic by increasing the visibility of a website or a web page to users of a web search engine. SEO refers to the improvement of unpaid results (known as “natural” or “organic” results) and excludes direct traffic and the purchase of paid placement. Additionally, it may target different kinds of searches, including image search, video search, academic search, news search, and industry-specific vertical search engines.
Learning this skill will fetch you a lot of money as a student and would not really require your physical presence every time, also giving you more time to face your studies.
And the list goes on and on, if as a student you have discovered any other online business or businesses that would be beneficial to other students just like you. Kindly share the business in the comment box, we’ll check it out and update this article as soon as possible. Thank you.