It’s an awesome thing to work with a partner, and not just a partner but one’s significant other. Looking for the best business for couples? Here you found it. In this article, I am going to be sharing with you the best business ideas for couples.
Read this guide till the end and take action, start that business with your partner today.
Before I dive into the business for couples, let me start by clarifying this question…
Should couples go into business together?
It is normal to think, “Should I go into business with my significant other?” A lot of people have this same question. Many people believe that going into business with their spouse is an awkward idea but some see it as an excellent idea.
Working together with your partner has a huge potential of strengthening your relationship. Some couples admitted to this fact and testified that it has taught them to handle their non-business disagreements better. Some reasons to go into business together with your life partner are:
- You get to understand your partner better
- Having a common goal with your significant other
- Encouraging each other
5 Best Businesses for Couples
- Digital Marketing
- Start a Youtube channel
- Online educational resources
- E-commerce business
- Tutoring and teaching
1. DIGITAL MARKETING
Digital Marketing is an aspect of marketing that utilizes the internet to promote products and services. It is by far one of the most profitable businesses you can engage in with your spouse. An advantage digital marketing offers couples who want to go into business together is mobility. You are not tied to a particular place.
It’s a business model that accords you the opportunity to work from anywhere in the world as long as you have access to internet connection. So if you desire to travel round the world with your partner, consider digital marketing business.
However, digital marketing is very broad. Let me narrow it down for you.
ASPECTS OF DIGITAL MARKETING
Here in this article, I will give you two (2) very profitable aspects of digital marketing you can start with your partner and I will show you how to start. They are:
- Affiliate Marketing
- AFFILIATE MARKETING
Affiliate marketing is an aspect of digital marketing that involves promoting other people’s products and getting paid a certain commission for it, most times a high commission. For instance, Bluehost pays their affiliates a generous sum of $65 per one sale made through an affiliate link.
This means that if you refer 10 customers who buy their product in a day, your commission will be $65 x 10 customers = $650. That is a lot of money. Some Affiliate companies even pay recurring revenues to their affiliates. This means that even if you stop promoting products, you can still be getting paid based on the work you already did. One interesting fact to note is that affiliate products are not difficult to promote.
There are lots of successful affiliate marketers out there who make a lot of income from it. I will share with you how to promote affiliate products and make a huge income from it but first…
HOW TO START AFFILIATE MARKETING
- Decide on a niche
- Join an affiliate network
- Start promoting
Decide on a Niche
A niche is an aspect of affiliate marketing you want to be promoting. There are many niches in affiliate marketing which include education niche, automobile niche, finance niche, weight loss niche, beauty niche, and many others. In fact, there is always an affiliate program for any kind of niche you decide to choose.
Join an Affiliate Network
An Affiliate Network is a company you partner with to promote their offers. There are many net works you can register with like JVZoo, Warriorplus, Commission Junction, Grammarly, etc. However, some affiliate networks require that you have a website before you can join them. Click here to learn how to create one easily by yourself.
After joining an affiliate network and getting approved, the next step is to start promoting.
HOW TO PROMOTE AFFILIATE PRODUCTS AND MAKE LOTS OF PROFIT
There are four (4) ways to promote affiliate products and make lots of money from it.
- The Free way
- The Paid way
- The Blogging way (My favourite)
- The “YouTubing” way
The Free Way
The free way or method involves telling people one on one about the affiliate products you are trying to promote. You can do this by chatting up your friends online, asking them to buy your offer. I personally consider this method as the least effective among the four.
The Paid Way
This method involves running paid advertisements online in order to send traffic (people) to the offer you are promoting. This method is more effective than free advertising method because you can reach thousands and millions of people with it depending on your budget.
The paid method is an automated process. This means that you set up a buying and selling process that runs itself. 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 run an advert directly to what you are selling. Therefore, it is important that you capture the email addresses of these potential buyers in order to do a follow up on them. That is why we are setting up the funnel.
What make up a sales funnel are: an advert, a pre-sell article, a landing page, a thank you page and a sales page.
Here is an image of a sales funnel
The advert 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. To do this effectively, especially as a beginner, you may need to hire a copywriter to help you out.
The Blogging Way
This method can generate monthly recurring revenue for you 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. It will require you to have a website of your own.
Creating a website is easier than ever now. All you need is to buy a domain name and a hosting plan and your blog will be online. This guide will teach you how to create a website/blog by yourself. Click here to see the guide.
The “YouTubing” Way
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.
A blog is a money making website. Blogging is a good business to start with your partner. Miles Beckler, along with his wife, uses this same method and they are both successful in it. They have both created several websites that they make a full living from.
Blogging is one of the most profitable businesses to start with your spouse. It is a business model that involves writing articles that solve people’s problems on your own website (blog) and make money from it directly or indirectly. As a matter of fact, many people make a full living from blogging.
You might probably say “Oh blogging is not for me or I don’t know what to blog about or I don’t like writing”. The fact is… Anyone can start blogging and make cool and consistent income from it.
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 keyword research
- Post quality contents
- Monetize the blog
Choose a Niche
A niche is a specific aspect you want to blog about. There are several profitable niches which include finance, relationship, health and fitness, weight loss, automobile, software, and many others.
Create a Blog
It is very 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.
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 your research. 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 tool below to begin your keyword research.
I wrote more about keyword research here.
Post Quality 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.
Monetize the Blog
This is the interesting part. You can monetize your blog 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.
Affiliate marketing through blogging is very profitable. It gives you recurring revenue monthly as long as you keep getting visitors to your blog. Write posts that solve people’s problems and use that opportunity to sell whatever affiliate product you want to sell.
2. START A YOUTUBE CHANNEL
You can start a YouTube channel with your partner on topics that are of mutual interest to you. Starting a YouTube channel is not difficult. Other than your email address, you just have to buy a good camera and a good microphone to get you started.
HOW TO START A YOUTUBE CHANNEL THAT MAKES YOU MONEY
- Decide on a niche
- Create the YouTube channel
- Customize your channel
- Do a proper YouTube SEO research
- Create video contents
- Monetize your channel
Decide on a niche
This is always the first step. Your niche is a particular topic area that is of interest to you and your partner. 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 and your partner have passion for.
Create the YouTube Channel
The next step is to create the YouTube channel itself. It is so easy to create a YouTube channel. Watch the video below to guide you on how to do that.
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.
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.
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.
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). This program allows YouTube to place video advertisements in strategic places on your video contents and you get paid a certain part of the advertising commission when people watch the adverts. 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.
3. ONLINE EDUCATIONAL RESOURCES
If you or your partner has a skill or knowledge in a particular area, you can be packaging it in form of online courses for sale. If you are looking for the best business for couples, selling online courses is a great business to start. E-learning is expected to climb to $325 Billion by 2025. That is how fast online courses are rising.
4. E-COMMERCE BUSINESS
You cannot underestimate the power of having an online store if you are looking for the best business for couples. Online shopping is one of the most popular online activities worldwide. The total value of retail e-commerce sales worldwide is expected to reach $4.88 trillion by 2021. Despite the world economy right now, the e-commerce industry has continued to rise.
This article will show you how to start an e-commerce business from scratch.
5. TUTORING AND TEACHING
There are several sites online to start a teaching career with your partner. Online tutoring is a great business to begin. You can even create a website, an online class that will be a meeting point for students and teachers all over the world. With this way, you can monetize the website by charging a little fee from people who want to be a part of the platform.
Here is my take on the best business for couples. Digital marketing, starting a YouTube channel, online educational resources, E-Commerce, and Tutoring are great business ideas for couples.
Let me know your thoughts in the comment box.
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