I know how it feels to be in college and be broke. Here in this article, you will discover the best business for college students. You can easily combine these businesses with your academics without your grades going down.
Ensure you read this guide to the end, select one that suits you best and take action. Remember nothing happens until you do something to make it happen.
5 Top Best Businesses for College Students
- Affiliate marketing
- Start a Youtube channel
Blogging is one of the most profitable businesses to start as a college student. It involves writing articles that solve people’s problems on your own website and make money from it. In fact, many people make a full living from blogging. I know you may say “Oh blogging is not for me or I don’t know what to blog about or I don’t like writing”. Listen to me… Anyone can start a blog that makes them money.
Now check this out…
How to Start Blogging That Makes You Money Even If You Are A Total Newbie
- Choose a niche
- Create the blog
- Do a great keyword research
- Post great contents
- Monetize the blog
i. Choose a Niche
A niche is an aspect you want to blog about. There are several profitable niches which include finance, relationship, health and fitness, weight loss, automobile and so many others.
ii. Create a Blog
It is super easy to create a blog. All you have to do is get a domain name, buy a hosting plan, download WordPress, and customize your new site. I wrote an in-depth article that will guide you on how to create a blog. Click here to see the article.
iii. Do Keyword Research
Keyword research means topic research. You have to do a research about the topics people are searching for on the internet. As a blogger, you do not just write what you want, rather you write to solve other people’s problems and that is where the real money is.
There are online tools that can help you with this. Some of them are KWFinder and SEMRush. SEMRush has a very large database of keywords because it pulls data from all over the world. You can sign up for KWFinder free trial here or sign up for SEMRush free trial here.
Also, you can use the free search tools below to begin your keyword research.
I wrote more about keyword research here.
iv. Post Great Contents
After you have done your keyword research, the next step is to start writing blog posts based on the research you have done. When starting out, post as many quality contents as you can and ensure they are well optimized for search engines. If you have no time to write or you do not know how to go about it you can hire a freelance writer to write your contents for you. Click here to hire a freelance blog post writer.
v. Monetize the Blog
This is the interesting part. Monetize your website by registering with PPC or CPC sites. PPC means Pay Per Click and CPC means Cost Per Click. They are advertising companies that place advertisements on your blog and pay you for it. However, to fulfill the requirements of some of these advertisers, your blog must have enough monthly visitors. Some PPC programs you can register for include Google Adsense Program, Media vine and so on.
However, this is not the only way to monetize your blog. You can accept guest posts on your blog and charge them a little fee for it. In addition to that, you can monetize your blog by selling physical or digital products. Another very profitable way to monetize your blog is through Affiliate Marketing. I will talk more on that in the next point.
2. AFFILIATE MARKETING
Affiliate Marketing simply means promoting other people’s products and getting paid a certain commission for it. And you can do this without talking to anyone. Yes, I mean what I said… Affiliate Marketing is a great way to make money on autopilot. This means you can automate the process and watch the process make money for you. I can recommend affiliate marketing as the best business for college students.
How to Make Money from Affiliate Marketing Without Breaking a Sweat Even as a Beginner
- Decide on a niche
- Join an affiliate network
- Start promoting
i. Decide on a Niche
A niche is an aspect of Affiliate Marketing you want to specialize in. There are so many niches in Affiliate Marketing. Some are: Software, Fashion, Weight loss, Health & Fitness, Money, Furniture, Automobile, Electronics, and many others.
ii. Join an Affiliate Network
iii. Start Promoting
After joining an affiliate network, the next step is to start promoting. Check the next sub-heading to learn how to do this effectively.
How to Promote Affiliate Products
I will share with you four (4) ways on how to promote Affiliate products and make lots of money from it.
- Free advertising method
- Paid advertising method
- Blogging method
- Creating video contents
i. Free Advertising Method
This method involves telling people one on one about the affiliate products you are trying to promote. You can do this by posting your links on social media. I personally consider this method as the least effective among the four.
ii. Paid Advertising Method
This method involves running paid advertisements online in order to send traffic (people) to your offer. This method is more effective than free advertising method. This is where the automation process comes in. To make this work, you have to set up what I call “a sales funnel”.
A sales funnel is an automated process that you set up for your potential buyers to go through to buy your offer. You don’t just create an ad and send them to your offer directly. It is important that you capture the email addresses of these potential buyers. A sales funnel contains an ad, a pre-sell article, a landing page, a thank you page, and a sales page.
See the image below for a better picture of how it works.
The ad will contain captivating text and image. The pre-sell article is an article specially and professionally written to make potential buyers have “a foretaste” of what they are buying. The landing page is where you tell them to sign up for your offer with their name and email address.
The thank you page is where they are congratulated for signing up. Finally, the sales page is where they buy your offer. Click here to sign up for a free trial of a software that helps you create landing pages, thank you pages and capture your customers’ email addresses.
iii. Blogging Method
This method will cost you very little money and much more profit if you do it the right way. It involves posting articles that solve people’s problems online and placing your affiliate links within those articles.
iv. Creating Video Contents
Creating video contents that solve people’s problems on YouTube is another great way to make money from affiliate marketing. You do not need so many subscribers to start this method. All you have to do is create problem solving videos and place your affiliate links right at the top of the description box for your viewers to click and make a purchase. I will talk more in detail in the next point.
3. START A YOUTUBE CHANNEL
If you are looking for the best business for college students, you can’t go wrong with YouTube. Having a YouTube channel is very easy and making it work can be easy too if you condition your mind that it will work. Countless number of people make money daily on YouTube in different ways and you can join the league too. I will share with you the steps to start a YouTube channel and profit from it.
HOW TO START A YOUTUBE CHANNEL THAT MAKES YOU MONEY EVEN WHEN YOU ARE SLEEPING…
- Decide on a niche
- Create a YouTube channel
- Customize your channel
- Do a proper YouTube SEO research
- Create video contents
- Monetize your channel
i. Decide on a niche
This is always the first step. You do not want your channel to be littered with different kinds of videos that have no purpose. This is why you have to decide on what area you want to focus on. Some profitable YouTube niches are technology, gaming, product reviews, tutorials, food, fashion, motivational, beauty tips, travel, and many others. However, it is best to go with a topic you have passion for.
ii. Create a YouTube Channel
The next step is to create a channel. It is so easy to create a YouTube channel. The video below will guide you on how to do that.
iii. Customize your Channel
This is when you create a logo and cover image for your channel. You can easily use a tool called Canva for this.
iv. Do a Proper YouTube SEO Research
This is the same as keyword or topic research. YouTube is a search engine therefore you have to research about topics that many people are searching for before creating video contents. There are awesome tools like TubeBuddy that can help you with this. Not only does it help you to do a good research, it also helps you to optimize your videos to rank high when people are searching. Click here to sign up for TubeBuddy.
v. Create Video Contents
After doing a good Search Engine Optimization (SEO) research, the next step is to start posting quality and engaging videos based on your research. It is good to create videos that are at least 10 minutes long. Create as many as you can.
vi. Monetize your Channel
There are different ways to monetize a YouTube channel. Firstly, you can monetize it by signing up for the YouTube Partner Program (YPP). YouTube places video advertisements on your video contents and you get paid a certain commission when people watch the ads. However, to be eligible for this, you must have at least 1,000 subscribers and 4,000 watch time hours on your videos.
This may sound daunting but it’s possible. This tool will help you achieve that easily. Secondly, you can monetize your channel through affiliate marketing. You do not need a thousand subscribers to make money from this method. All you have to do is look for affiliate programs related to your niche, sign up, get your affiliate links and add them to your video contents.
Copywriting is a high income skill that is in high demand all over the world. If you are looking for the best business for college students, you cannot go wrong with copywriting. Copywriting is a form of writing used to persuade people to take an action. Every business needs the service of a copywriter to take it to the next level. As a college student, you should learn copywriting because it can make you a full time living.
HOW TO BECOME A COPYWRITER
There are few steps to take on how to become a copywriter who makes a lot of money. They are:
- Take a copywriting course
- Get yourself a mentor
- Monetize your copywriting skill
i. Take a Copywriting Course
If you are new to copywriting, I recommend that you take a course on copywriting. Copywriting is not academic writing so you can learn it in a short period of time. You can start by getting this Copywriting eBook. Here are some copywriting courses you can sign up for: Copywriting Course, Simplilearn, and Fiverr copywriting course.
ii. Get Yourself a Mentor
A mentor is a guide. Look for someone online or offline to model. You do not have to be where your mentor is to learn from them. There are many copywriters you can follow on YouTube like Dan Lok, Alex Cattoni, etc.
Practice makes perfection. The more you practice the art of copywriting, the better copywriter you will become.
iv. Monetize Your Copywriting Skill
TYPES OF COPYWRITING
There are different types of copywriting you can specialize in If you are looking for the best business for college students. They are:
Direct response copywriting
This type of copywriting is used to get an immediate response from the customer. The aim of direct response copywriting is to make people take an action like clicking to make a purchase, signing up for a newsletter, downloading a lead magnet, following you on social media, etc. We use this type of copywriting to write home pages, landing pages, contact pages and social media adverts.
Marketing copywriting is a compelling piece of writing that focuses on promoting the sale of a product or service. It is used in writing newspaper ads, newsletters, sales emails, etc.
Brand copywriting is a persuasive piece of writing used to make an emotional connection between a brand (company) and their target audience. The aim of this type of copywriting is to make a particular brand stand out among her competitors.
SEO copywriting is a type of writing used to optimize web contents for search engines. We type key phrases into search engines everyday therefore the work of an SEO copywriter is to make web contents rank higher in search results and drive traffic (people) to those contents.
Technical copywriting is a compelling piece of writing for promoting the sale of software and technical products or services.
Freelancing is an awesome business to begin as a college student. With freelancing, you won’t be tied down to a particular place. You can freelance from anywhere there is an internet connection.
What is Freelancing?
Freelancing simply means using your skills to make money online. It involves working with multiple clients (individuals or companies) by carrying out specific tasks and getting paid for it. These tasks could be writing, designing logos or fliers, editing, proofreading, and so on.
A lot of people are discarding their regular jobs to start freelancing and there are lots of companies out there always in need of the services of freelancers. You cannot go wrong with freelancing also if you are looking for the best business for college students. The beauty of freelancing is that you are not committed to a single employer and you are the one who determines how much they pay you for your service.
How to Become a Freelancer
It is pretty easy to become a freelancer. Follow these steps on how to become a freelancer:
Decide on what services you want to offer
This is where you determine what skill you are bringing to the marketplace.
Join freelancing platforms
Decide how much to charge your clients
This is a crucial aspect in your freelancing journey. Read this to learn more.
Create an online portfolio based on the skills/services you want to render
Your freelance portfolio is a profile that highlights your skills and competencies. Making it awesome will accord you the privilege to get more paying clients. Here is an article that explains how to go about that.
Advertise your skills/services
Here is where you advertise yourself on social media. You can also run paid adverts to advertise yourself.
Here is my take on the best business for college students. Blogging, Affiliate Marketing, Starting a YouTube channel, Copywriting and Freelancing are great businesses you can start in college. A lot of people make full time living in one or some of those. Take action today and start something. Time waits for no one.
Comment below! Let me know your thoughts about the best business for college students.
Thanks for reading.