The Corona Virus lockdown caught us unawares. Therefore, a lot of us were not prepared for the lasting impact it brought. Many people got laid off in their places of work and many businesses suffered. However, here in this post you will discover good business ideas after lockdown that you can start.
These businesses had been before the lockdown, they were during the lockdown, and will still be after the lockdown. They never suffered the negative impact of the lockdown. Therefore, ensure you read this guide till the end and decide on which one to start.
5 Good Business Ideas after (Covid-19) Lockdown
- E-Commerce Business
- Affiliate Marketing
Copywriting is one of the good business ideas after lockdown that can make you lots of profit. It is a skill that can be turned into lots of cash. In fact, it is a very high income skill that is in high demand all over the world.
“In the world of business, copywriters cannot be set aside”.
What is Copywriting?
In simple terms, copywriting is a form of writing that is meant to make people take an action, usually to buy a product or service. In other words it is a form of “business” writing used to turn prospects into paying customers.
Take for instance, if only one out of a hundred customers buys the product or service of a company, the work of a copywriter is to write “copies” to make more customers, maybe ten (10) more, buy. This is ten (10) times more sales.
If you have ever read a piece of article in a magazine, newspaper, or on the internet that made you pull out your credit or debit cards to make a purchase, chances are that the article was written by a copywriter. Therefore, copywriting is one of the good business ideas after lockdown you can start.
How to Become a Successful Copywriter
- Learn from a Mentor
- Practice What You Learned
- Monetize the Skill Acquired
Learn from a Mentor
One common thing about all successful copywriters is mentorship. As a beginner copywriter, take a course on copywriting in order to learn from the experts in the field. Consequently, it will help to make your copywriting journey seamless.
Practice What You Learned
Practice makes perfection. Therefore, consistent practice of copywriting will make you a better copywriter. After taking a course on copywriting, you have to keep practicing.
Monetize the Skill Acquired
The next step is to monetize what you have learnt. There are different ways to monetize your copywriting skills. One of them is to become a freelance copywriter. There are several freelance websites you can sign up with to monetize your copywriting skills. Some of them are, Fiverr, Upwork, Freelancer.com, HireWriters, and AWAI.
One of the good business ideas after lockdown that you can engage in is blogging. A lot of bloggers make a full living blogging. That is how profitable blogging can be. Every answer we find on Google is written by bloggers.
What is Blogging?
Blogging means writing articles that solve people’s problems on a website (blog) and somehow getting paid for it. It is one of the highly profitable good business ideas you can start after the corona virus lockdown.
A lot of people have needs. However, they resort to search engines like Google to find relevant information that solves their needs. The work of bloggers is to write articles that solve people’s problems on their blog.
For instance, people are searching for how to buy a car. As a blogger, you can write an article about how to buy a car. Therefore, if you are an affiliate for a car company and people buy through your blog, you will get paid for it. That is why blogging is one of the good business ideas after lockdown that you can try out.
How to Start a Money Making Blog
Starting a profitable blog is easy. I have classified how to do it into two (2) stages for you:
Stage 1: Setting up your blog
- Choose a niche
- Get a domain name
- Buy a web hosting plan
- Install WordPress
- Customize your blog
- Download necessary plugins
- Index your blog
Stage 2: After setting up the Blog
- Do keyword research
- Start posting contents (articles)
- Monetize the blog
Let me explain these steps further to you…
Stage 1: Setting up your blog
Choose a niche
A niche is an aspect of blogging you want to focus on. There are many profitable blogging niches which include finance, relationship, fashion, automobile, software, health and fitness, weight loss, pets and so many profitable others.
Choosing a niche is important because one cannot be a jack of all trade therefore you must be specific about what you want to be blogging about. One must have a focus. Therefore this focus is called a niche.
Also, when deciding your niche, choose the one that you are passionate about and cannot get tired of writing about. This will really help your blog in the future.
“Choose a blogging niche that you are passionate about and you won’t have to work a day in your life”.
Get a domain name
After you decide on a niche, the next step is to get a domain name. A domain name is the name you want your blog to be called. For example, www.adexreviews.online is the domain name of this website. You are the one who will decide what name you want your blog to be called. After you buy a domain name, the blog will be active online automatically and no one else can buy it again as long as it is active.
Bluehost offers a free domain name for the first year if you buy a hosting plan from them.
Use the tool below to check for domain name availability
Buy a web hosting plan
When you buy a domain name, you also need to get a “hosting” for your blog. A website hosting is an online server that will house the contents of your blog (domain name). Once you buy a domain name, your blog will be active automatically. However, without a hosting plan it won’t work. A hosting plan is the house where your blog and all its contents live. For instance, a desktop computer has a Central Processing Unit (CPU). Inside this CPU is where your files are stored. This is exactly how a blog works too.
Your hosting plan is the CPU of your blog. It stores all the contents of your blog. Your blog (domain name) needs a house (hosting) to come alive. That is why you need to buy a hosting plan.
Install WordPress (Recommended)
I recommend using WordPress for your blogging. It is the most widely trusted and used blogging platform all over the world. WordPress on your blog is like the operating system of your laptop computer. We use WordPress to type, edit posts, and control the look of the blog. It is the most recommended blogging platform worldwide because it is easy to use.
It is also specially designed for blogging. Bluehost hosting plan comes with pre-installed WordPress. All you have to do is sign in to your hosting account after paying then click on WordPress icon to install it.
Also Read: Good Paying Home Based Businesses: Top (5)
Customize your blog
You need to customize your blog after getting a hosting plan. To customize your blog, you have to install a theme. WordPress comes with some pre-installed themes you can choose from. If you do not like any of the pre-installed themes, you can download a theme of your choice online and install it. A theme is what gives your blog a good look.
Download necessary plugins
One of the most important plugins that is “a must have” for all bloggers is Yoast SEO plugin. This plugin guides you in writing blog posts that are search engine friendly. In other words, it will help you write posts that will rank high in Google search results.
Index your blog
This is a very important aspect of setting up your blog. Indexing is the same thing as submitting your sitemap to Google. It is what makes search engines like Google and Bing find anything you post on your website. You only need to index your blog once, afterwards, Google will easily find (crawl) it anytime you write new posts.
Watch this video guide on how to index your blog.
Stage 2: After setting up the Blog
Do keyword research
After setting up your blog, the next crucial step is to do keyword research. Keyword research means topic research. You have to do a research about the topics people are searching for on the internet, based on the niche you chose. As a blogger, you do not write what you want, rather you write about what people are searching for to solve their problems and that is where the real money is.
When you are doing keyword research, always look for low competition keywords. It will help your blog to rank faster in search engines.
You can use the free tool below to begin your keyword research
Start Posting Contents (articles)
After you have done your keyword research, the next step is to start writing blog posts based on the research you have done. Therefore, after you have gathered enough keywords (topics) through the keyword research you did, you have to start writing about those topics. When starting out, post as many good 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 blog articles for you. Click here to hire a freelance blog post writer.
However, while writing blog posts it is important that you optimize them well for search engines. This is called Search Engine Optimization (SEO). Every blog post must be optimized properly for search engines. This book will teach you about how to optimize your posts to rank well on Google. Click here to get a copy of the book.
Monetize the blog
There are different ways to make money from a blog. Here are some of them:
- Through Affiliate Marketing: This is one of the most profitable ways to make money from a blog. Affiliate marketing has to do with promoting other people’s products (with your blog) and getting paid a certain commission for it when a sale is made. Whenever you post articles that have your affiliate links on your blog and people click to make a purchase, you get paid.
- Through Google Adsense: Another way to monetize your blog is through Google Adsense program. When you register for the Google Adsense program, Google will place advertisements on your blog and pay you when people click on them. Ensure you do not deliberately click on those adverts yourself to make more money. Your blog will get penalized by Google for it.
- Selling your own digital products: If you have digital or physical products to sell, you can advertise them on your blog for people to buy. This is another awesome monetization method.
- Selling advertising spaces: When you have a huge number of people visiting your blog monthly, you can set apart certain columns or pages to people who want to advertise their own businesses on your blog and you will charge them for it. This method pays a lot.
3. E-Commerce Business
E-commerce business is also one of the good business ideas after lockdown that you can start. It is a business model that involves importing goods at very cheap wholesale prices and selling them online at fairly high prices. However, it will require you to have an online store (a website).
How to Start a Successful E-Commerce Business
There are steps you must take to start a profitable E-Commerce business. They are:
- Decide on a niche
- Source for products
- Buy from a trusted supplier
- Pay for the products
- Product Delivery
- Start Selling
Let me explain them further…
Decide on a Niche
It is important that you choose a niche in E-Commerce business. A niche is an aspect of E-Commerce you want to focus on. Deciding on a niche is always the first step to every successful online business. One cannot be a jack of all trade in E-Commerce business. You have to be specific on the type of products you want to be selling. This is why you need to decide on a niche. Therefore, the particular type of product you focus on is your niche.
For instance, you can focus on importing and selling health related products. Also, you may decide to focus only on importing electronic gadgets. It is generally recommended to import fast selling products.
Source for Products
Sourcing for products means to determine where you will import from. There are lots of big E-Commerce companies you can import from online. Some of the reputable companies one can import goods from are Amazon, Alibaba, Aliexpress, and 1688.com. However, sourcing for products is a crucial step in E-Commerce business. You have to determine where to buy quality goods at the lowest price possible.
Buy from a trusted supplier
After determining the best company to buy from, the next step is to buy the products from that trusted company (supplier) you chose. Before you buy, you have to check for ratings and reviews about the products in order to be sure that they are of good quality.
Pay for the Products
After payment, your goods will be shipped to you depending on the method of delivery you choose. However, the delivery method you choose will determine how long your goods will take to arrive. There is an option of free delivery and there is an option of premium (paid) delivery. Free delivery of your products will most likely take a long time. However, a lot of people go for the premium delivery because it is the fastest form of delivery.
The next step after your products are delivered to you is to start selling. There are many ways to sell products. You can sell offline and you can sell online or you can combine both. One of the best ways to sell mini importation products is to sell online. However, it is advisable to learn from an expert who will also double as a mentor. Therefore E-Commerce business is one of the good business ideas after lockdown that you can start.
Dropshipping also is one of the good business ideas after lockdown that you can try. It is a business model that is similar to E-Commerce business. Moreover, this business model can make you live the life of your dreams. You can do it from anywhere in the world.
How Dropshipping works
Dropshipping business model requires that you create an online store where products will be listed for sale. However, this business model does not require you to keep an inventory or physical store. Instead, you take orders from customers and then forward their details to a seller who will “ship” the goods to the customers. That is why it is called “dropshipping”.
As a dropshipper, you are like a middle man between a seller and a buyer. In other words, you sell to a buyer as if you own the goods but in reality you do not own any of the goods, rather you pass the buyer’s order to a third party seller who delivers the goods. This is how dropshipping business model works and that is why it is also one of the good business ideas after lockdown that anyone can start.
5. Affiliate Marketing
Ever heard of Affiliate Marketing? It is one of the good business ideas after lockdown that you can start. Covid-19 quarantine has really shown the world the importance of getting your business online. A lot of online businesses thrived during the lockdown.
What is Affiliate Marketing?
Without beating around the bush, Affiliate Marketing is a business that involves promoting other people’s products and getting paid a certain percentage of the profit whenever a sale is made.
Therefore, it is a business model that involves referring people to buy the products or services of an individual or a company and getting paid for each referred customer.
With a little of your time, a laptop computer and an internet connection you are fit to start Affiliate Marketing.
How to Make Money with Affiliate Marketing
- Choose a niche
- Join an affiliate network
- Start promoting
Choose a Niche
A niche is an aspect of Affiliate Marketing you want to focus on. There are so many niches in Affiliate Marketing. Some are: Software, Fashion, Weight loss, Health & Fitness, Money, Furniture, Automobile, Electronics, and many others.
Join an Affiliate Network
There is an affiliate network for every niche. However, you just have to look for the right one for your niche. Some of the affiliate networks you can join are: JVzoo, WarriorPlus, Clickbank, Grammarly, Payoneer, Bluehost, and a host of others.
After joining an affiliate network, the next step is to grab your affiliate links and start promoting.
Check the next sub-heading to learn how to promote affiliate products effectively.
How to Make Money Promoting Affiliate Products
I will share with you four (4) ways on how to successfully promote Affiliate products and make lots of money from it.
- Free advertising method
- Paid advertising method
- Blogging method
- Creating video contents
Free Advertising Method
One of the ways to promote affiliate products is to use “free traffic sources”. This is a promotional method you are not paying for. Some of the places you can advertise freely are Quora and Reddit. They are online question and answer forums.
With this method, you will search for questions that are related to the product you want to promote then give your answers. As long as your answer and your affiliate links are there, it can keep generating sales for you. Quora and Reddit are question and answer platforms where people come to ask questions from fellow forum members and get answers.
Therefore, free promotional method means leveraging on free ways to promote affiliate products. A lot of Affiliate Marketers use this method to make a lot of money.
Paid Advertising Method
Paid advertising method involves running paid advertisements online in order to send traffic (potential customers) to your offer. This method can be more effective than free advertising method. However, to make this work, you have to set up “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 do not 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.
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.
You need e-mail marketing software to do this. GetResponse is a good email software to start with. Click here to sign up for GetResponse. You can use it to set up your landing pages, thank you pages and also capture your customers’ email addresses.
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 unique affiliate links within those articles. Therefore, when people click to make a purchase, you get your commission.
Creating Video Contents
Creating video contents that solve people’s problems on YouTube is another great way to make money from affiliate marketing. This method is similar to blogging method. You do not need so many subscribers to use 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.
Frequently Asked Questions
Which business is best in lockdown?
There are several businesses that are the best in lockdown. Some of them are: E-Commerce, Dropshipping, Blogging, and Affiliate Marketing.
Which business can be started with less investment?
What type of business should I start?
You can start any type of business depending on your personality. There are offline businesses and there are online businesses you can start. Affiliate Marketing, Starting a Youtube Channel, Graphics designing, E-Commerce, Copywriting and Blogging are some online businesses you can start.
You just discovered five (5) good business ideas after lockdown that you can start today. These business ideas are highly profitable businesses you can start even if you are on a low budget.
What are your thoughts about good business ideas after lockdown that anyone can start? Comment below and let me know your thoughts.
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Disclosure: This post contains affiliate links. If you click on any of them to make a purchase, I may get a commission but at no additional cost to you.