Digital Business

Business Ideas

Fifty-five million. That's the number of independent workers use digital business in the United States – who can live and work from anywhere with. And the number of digital business is growing all the time in America and all over the world. Whether people are creating their own lifestyle jobs voluntarily, or because they've been unable to find a suitable full-time job. A recent Forbes magazine article reports that the gig economy now comprises about 35 percent of the workforce. And technology, like the tool it is, is enabling people to live and work differently with the digital business. 

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Many people, especially Millennials, are looking for more from their job than a 9 to 5 grind. They want to enjoy life now, rather than having a job take up a huge chunk of their waking hours for most of their life, with a few vacations planned here and there. In fact, the average American will spend close to 90,000 hours working in a lifetime, so why not make the work fulfilling? Why not make one's work to blend into the way one wants to live their life?

What's A Digital Lifestyle Business? 

A digital lifestyle business is just that. It's creating a personal livelihood - a digital business - around one's particular preferred lifestyle. The resulting companies, of course, are based in great part on the personality, skills, and contacts of their founders. And, a lifestyle job goes beyond a simple balance of work and life outside of work. In addition lifestyle businesses can take into consideration and incorporate the key decisions one makes in life, like traveling, going back to school, caring for young children, or assisting a sick or aging relative.

lifestyle businesses examples:

Some examples of lifestyle businesses include: mobile journalism, collecting and selling antiques and collectibles, being a travel guide, making handcrafted wooden toys for children or one-of-a-kind wooden canes for seniors, traveling to trade shows all over the country selling jewelry or Native American crafts, doing house sitting or dog walking, creating YouTube content, developing apps for emerging companies... the list goes on. And many of these businesses exist only online, while others use the web to communicate and market their offerings.

Don't reinvent the wheel!

In launching and growing a digital business, it's crucial to develop a niche specialty area. And brand it in a professional manner. Yet, at the same time, it's important to realize that entrepreneurs don't have to reinvent the wheel. therefore they don't have to go it alone. In fact, teaming up with other independent workers and using proven business practices are essential to cultivating a vibrant enterprise. Alliances and co-marketing arrangements are the fuel that energizes lifestyle businesses. 

Digital Business Models That Work:

Three of the major digital business models that owners of lifestyle businesses can adopt include: Affiliate Marketing, Selling on Amazon (FBA), and Freelancing. 

1) Affiliate Marketing:

Affilate Marketing Digital business

Affiliate marketing involves offering the products and services of other digital businesses and getting rewarded financially for each visitor or customer brought to a partner by your marketing efforts. Therefore it's performance based; you get paid when your partner makes a sale.

So to become an affiliate marketer, an entrepreneur usually follows series of proven steps in setting up a viable online business. And they include: choosing a niche, researching different affiliate programs and products. So he building a website and producing valuable content, building an audience, following or subscriber base. And promoting your affiliate products. 

Affiliate programs include:

Some of the most popular affiliate programs include ShareASale, Bluehost, SEMRush, VigLink, JVZoo, CJ Affiliate, Clickbank, Shutterstock, Ebates, and of course, Amazon. Moreover, enterpreneurs can create an income-sharing situation. So the old fashioned way by contacting the owner and discussing and agreeing on a win-win arrangement.

Affiliate marketing superstars, like Neil Patel, have made a career out of helping other make money online. 

Summary: 

  • Affiliate marketing, you get paid when your partner makes a sale, like Clickbank.
  • Affiliate marketer builds websites and producing valuable content.
  • Marketing strategy to create audiences, subscribers, generating leads and sales.

2) Selling on Amazon (FBA) :

Amazon (FBA)

The Amazon FBA program enables you to create your own physical product. So in this business model, you can manufacture the product in any place in the world. For example, in China. Therefore the manufacturer will pack and ship the product to Amazon warehouses around the country. And from that point Amazon will handle everything for you with FBA (Fulfilled By Amazon) where sell and ship the product to your customers. By this way you can scale your brand and expand your company profit exponentially. So in a very short period of time if you create a good product with successful marketing.

On the other hand, Amazon has what they call the Amazon Associates program. So it enables new business owners to generate revenue by placing links to Amazon products on their business websites. And each time someone purchases a product by clicking on a link on their site, Amazon pays a small commission. Many gurus within the affiliate marketing arena point to this program as one of the best ways to get started making money online. 

How To become an Amazon Affiliate?

To become an Amazon Affiliate, an individual creates a website or blog, then visits the Amazon.com Affiliate Program page, and clicks “Join For Free.”  So they enter the name of their website and its url, fill out the application form, and read about the features and best practices that can help maximize their sales.

In addition, through the Business Factory Auto (BFA) initiative, individuals can access the online resources from Amazon they need to prosper. So the program offers startup businesses the low-cost. In addition effective infrastructure needed to scale and expand any kind of business. Foe example, Airbnb, Slack and Robinhood, are some of the now-famous companies that started by using BFA resources. 

Summary: 

  • The Amazon FBA program enables you to create your own branded product.
  • The Amazon Affiliate Program enables you to promote their product and get a small commission. 
  • BFA initiative, enables individuals to access the online resources from Amazon they need to prosper.

3) Freelancing:

Freelancing

In essence, freelancing involves looking at what one enjoys and is good at and then creating one or more services to offer to other individuals and companies. In addition a successful freelancer must be exceptional in both providing their services and in selling their services to others. So sometimes freelancers work alone and sometimes they hire other people to help them. 

Freelancers often package their services and usually send out brief (or intricate) proposals to win business. So some freelancers have new clients sign up for services right on their website. Examples of freelancers include: writers, journalist, photographers, videographers, video editors, programmers, IT service providers, website designers, app developers, etc. And to manage cash flow, it's suggested that new freelancers balance their client load between regular ongoing contracts and one-time projects. So in this way, a digital business owner's income isn't tied to any one client. 

In the past, freelancers were often regarded as part-timers pursuing a side gig. But, more and more, freelancers are making good money by providing value and serving their clients in a personal way. In addition author and entrepreneur Elaine Pofeldt, who owns a freelance business about freelancers. (www.200kfreelancer.com) recently confirmed that the “number of free agents earning $100,000 or more has grown by about 70 percent in the last seven years – from 1.95 million in 2011 to 3.3 million in 2018.” Of the 3.3 million earning six figures from freelancing per year, So 97 percent are “highly satisfied” with their lifestyle business. 

Summary: 

  • freelancing involves looking at what one enjoys and is good at and provide services and in selling to others. 
  • Freelancers include writers, journalist, photographers, videographers, video editors, programmers, IT service providers, website designers, app developers, etc.
  • The Number of Six-Figure Freelancers Rose 70% in Seven Years.

Conclusion:

If they like, an entrepreneur can decide to use all three of these digital business models. 

Even though it's hard work starting and growing a digital business. In conclusion, lifestyle businesses are all about freedom. And whether an entrepreneur wants to remain in a certain geographic area, or they want to be mobile, lifestyle businesses - along with the technologies that support them – are already making their mark. So lifestyle businesses will surely be a dominant factor in the economy and workplace of the future.

https://hgdigitalbusiness.com

Lifestyle digital business
Lifestyle digital business idea
  • Stanley Pierre-Paul says:

    I like it, need your help getting started

  • Stanley Pierre-Paul says:

    Let’ Rock the American Dream

    • HG says:

      Being successful and reaching your goals isn’t just a dream. It’s something you can and will have if you are persistent and dedicated…
      An American Dream. “It ain’t about how hard you can hit, it’s about how hard you can get hit and keep moving forwards.

  • Monica says:

    I am so loving the time that we’re in. The Internet has opened up all types of opportunities that just never existed in the past. I will definitely try my hand at digital business and see how it goes!

  • Harry says:

    Great Digital Marketing tips! I have been thinking about selling on Amazon but it seems so flooded that it’s hard to find unique articles to sell. Do you have any ideas on how to go about sourcing some good products to sell?

  • Alex says:

    It is now a fact that work from home jobs are the way to go or at least can be an alternative. However, the real challenge is finding a suitable one for you. Not to mention you have to ignore people that says these are NOT REAL JOBS. Well I beg to differ.

  • jolly555 says:

    I’m all about lifestyle business now.I just need good business ideas that will help me enjoy my lifestyle and also still putting money into my pocket.

  • Ogunyemi Ezekiel says:

    Affiliate marketing involves offering the products and services of other businesses. With this you can be assured that affiliate job is the best business ideas to make money from anywhere in the world. Thanks for sharing!

  • Femi Logo says:

    I so much love the business ideas of work from home jobs. The reason is that, you get to determine the success rate of your work.

  • Phil says:

    Digital lifestyle business is the in thing now and as such I have decided to go with embrace. I only work online now.

  • AJ says:

    Lifestyle business is the business of the future, I can feel it. More and more people are now gradually switching to this as a much more practical and rewarding job that also taps into their passions and lets them have the freedom they want ordinary nine to five occupations can’t provide.

  • Not h says:

    Thanks for the message, it was really appreciated

  • Scott says:

    May it be an Internet business or whatnot can have various challenges. That being said scams are everywhere specially on the net. I for one are doing these types of jobs but I do heavy research before getting into one. Money is only a bonus or at least a secondary matter.

  • Obalade Damilola says:

    Affiliate marketing is one area I have my eyes on..Young entrepreneurs are increasing each passing day and articles like this will help them grow their businesses

  • parry says:

    For me I prefer work at home jobs now, I believe it the in thing now and it has flexibility of time so that one can do other things and still enjoy work.

  • Henry122 says:

    I will like to take up affiliate marketing as my Internet business but I don’t really know the details so much. Thinking of going for free courses online.

  • Oyeyipo Oladele says:

    I would love to become an affiliate marketer, so as an entrepreneur i will have to follow the series of proven steps in setting up a viable online business contained in this post. That’s pretty cool. But I want to get started as a beginner in internet business, how do I start as a beginner for work at home jobs?.

  • Danielle M says:

    Wow, those are great ways to work online with more flexible schedulles. Thanks for sharing this valuable information.

  • Vanessa says:

    I can see why millenials are looking for work at home Jobs, they have more beneffits when it comes to using better the time to make money, have less stress and enjoy more of family.

  • Mico says:

    There has been a surge web-based businesses these days. It is a thing now because people are looking for a new ways of income. Going corporate is good but times are changing and it is for the better.

  • Praise says:

    My internet business is all about freelancing. If I can get steady jobs daily, I will dumped all offline jobs for it. The location is a bit of hindrance.

  • Agnes says:

    55 Million people in the us can live and work independently, this statistic is overwhelming, I wish same can be said about my country. work at home jobs now is just for me now.

  • Meldred Judith says:

    Work at home jobs is very popular nowadays. Most workers remotely from home.

  • Rae says:

    This is such a good idea! work at home jobs are hot nowadays because of the internet. Thank you very much for sharing this!

  • Roy says:

    The best way to develop a good digital business model is to look around for what already works and adopt it. One needs not re-invent the wheel as you have said.

  • Meg W says:

    These are some great digital business ideas. I am very interested in affiliate marketing and will be looking more into it.

  • Patricia says:

    Work at home jobs have become very popular today. This is mostly due to the fact that jobs are becoming scarce by the day and working at home is very convenient.

  • Oliver says:

    My dream has always been to one day have my own Internet business. Thanks to your article I now know where to start.

  • Daphne says:

    Networking with people can be a good way to discover new business ideas that you may never have thought of. Thanks for the informative write-up and I look forward to more of the same.

  • Marcene says:

    I tried affiliate marketing as a rookie before. It did not work as one of my digital business ideas but I learned from it. Now I do freelancing and enjoying it so far. Thank you internet.

  • princess555 says:

    I’m not really a 9-5 person so I have succumb to web-based businesses. I’m already with affiliate marketing I hope to add more to it.

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