Since the advent of the Internet, more and more people want to experience the phenomenon of entrepreneurship. Their dream is to set up a profitable business that allows them to “fire” their boss and enjoy absolute freedom. However, not everyone can be successful, as there are not as many profitable online businesses as there are entrepreneurs.
Always remember that, when opening an online store, failure is a real possibility, that it is always present. If you want to avoid it, you will have to do a thorough preliminary study and create a business plan that allows you to analyze the viability of your project.
But in order to assess whether your idea is viable, you first have to think about what the most profitable businesses can be.
We say it, above all, because there are many people who are paralyzed in that initial phase and are unable to propose possible profitable digital businesses, even if only on paper.
Be sure to read this article if you want to be inspired by some of the most popular profitable businesses in 2022.
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Profitable businesses in 2022
It is obvious that 2022 is presented as a year full of challenges, challenges and threats for any company. But, despite everything, there are still many business opportunities that you have to know how to take advantage of if you want to achieve success as an entrepreneur.
If you wonder what businesses are profitable with little investment, you should check if the idea that has just occurred to you meets the following elements of profitable businesses:
- Business with demand: if you sell the best product in the world, but nobody wants it, you are lost. That’s why it’s important for a profitable business to have strong and consistent demand. This means that there is a sufficient number of customers over time. Only then will you be able to create more profitable businesses.
- Business with margin: it is important that with the online sale of your products you are able to cover the acquisition costs. But not only that: it also has to generate enough profits to compensate you for the effort and dedication that every undertaking entails.
- Quick and easy business to create: profitable businesses are characterized above all because they can be launched quickly to the market, to meet demand. In fact, if you take too long to set up your ecommerce, it is possible that when you arrive and start operating your potential customers have disappeared.
10 profitable businesses with little investment that you can set up right now
We have already seen what are the 3 characteristics of the most profitable businesses in Spain. Now we are going to give you a few business ideas that will serve to inspire you if you are short of ideas.
1. Create a niche to monetize it
If you want to create profitable businesses from home, our recommendation is that you learn SEO and explore the possibility of monetizing an SEO niche.
Broadly speaking, an SEO niche is a blog created from scratch on a topic that has great search potential.
If you know how to correctly use positioning techniques on Google, you will be able to attract traffic to that blog (for example, about Internet soccer, cooking recipes or a business in which you are a specialist), with the aim that visitors click on the advertisements or in the affiliate links that you have previously inserted.
2. Sell second-hand products
The market for second-hand products is on the rise, as it is very attractive to many different types of people: from those who think about sustainability and the environment to giving a second chance to many products that would otherwise end up in the garbage, even those who want to buy something but do not want to pay the price of brand new.
This means that the sale of second-hand items can become a very profitable business if you start to accumulate stock and sell it in a professional way.
When referring to a professional sale, we mean that you must be careful with the images and descriptions of the products you want to sell. In fact, there is no worse thing to scare off sales than showing images that are careless, poorly focused and framed, or that make the product appear less attractive than it is.
However, if you make an effort in marketing and communication, the sale of second-hand products can become one of the most profitable businesses in Spain in 2022.
Strong point: it is possible to bill high figures with strong benefits.
Weak point: if you buy second-hand products and then resell them, you run the risk of having a stolen product “sneak in”, which could cause you serious problems.
3. Translate content into other languages
As globalization advances, companies demand that their texts and business communications be published in multiple languages.
Therefore, if you know languages, you can take advantage of your competitive advantage to create one of the most profitable home businesses in recent times.
Remember that for companies to hire you, you must offer added value. It would be useless if, as an order comes to you, you pass it through Google Translator and do cut and paste. More than anything because these robotic translations —and in many cases absurd— are obvious to the point that they are generated automatically and without human intervention.
If you dedicate yourself to doing that, in a short time you will only receive low-quality and poorly paid orders.
Strong point: if you master several languages, you can get a greater number of clients who need to translate their texts, willing to pay you better.
Weak point: the risk that the translations do not have adequate quality makes many companies distrust this type of service in general.
4. Sell on social networks
Although we at Shopify are fervent supporters of online stores —like the ones you can easily create on our platform—, the truth is that there are many people who have turned a hobby, a hobby, a hobby, into a profitable digital business by selling of products on social networks.
This business idea consists of buying wholesale products from a wholesaler and then reselling them through the platforms that the social networks themselves have integrated into their spaces.
If you are an influencer, for example, it is very easy for you to take advantage of your influence in your community and sell directly on your own profile or through applications such as Instagram Shopping.
Another option would be for the transactions to be carried out through the numerous buying and selling groups that are being created, especially on social networks such as Facebook.
You just have to do a little research to find groups related to all kinds of topics (yoga, fitness, book clubs, cycling, vegan nutrition…).
Strong point: it is very easy to contact your buyer person because people tend to group themselves on social networks based on their tastes, hobbies or interests.
Weak point: selling directly on social networks is an unstable business, which depends excessively on the algorithm and the policies of each platform. That is why we consider that it is a better option to set up a Shopify online store.
5. Legal advice on digital issues
If you are a lawyer, or have studied a legal career, you can specialize in digital law, advising all types of companies and businesses on the Internet on issues such as data processing, privacy, the use of cookies, the right to be forgotten, etc.
These topics usually generate profitable businesses because all digital entrepreneurs have to comply with legal requirements that they are unaware of, that they have difficulty understanding and that they do not know how to implement correctly.
And worst of all: if they do not comply with the legislation, the fines can be very high.
Strong point: there is a strong, consistent and profitable demand.
Weak point: if you are not familiar with these topics, even if you are a lawyer, you will have to constantly refresh yourself and spend many hours studying these topics to offer an adequate service.
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6. Position local businesses on Google My Business
For a local company —for example: restaurants, hairdressers, shoe stores, haberdashery, masseurs or podiatrists—, positioning in Google My Business is of vital importance.
Even more so, if possible, since the Yellow Pages have disappeared from homes and instead people search for the site where they want to make an appointment directly from their smartphone.
Therefore, we are facing one of the profitable businesses with little investment that presents the best projection for the future. If you know how to position local businesses in Google My Business, you will not be short of customers, since it is a fundamental need of any establishment.
Strong point: Google My Business has become a standard for any business that wants to maintain the influx of customers, so they need professionals who know how to manage it correctly.
Weak point: like everything that has to do with SEO and organic positioning, there are no written rules that ensure the success of your strategies. And this can lead to some clients who do not get results feeling dissatisfied.
7. Edit videos or podcasts
Another of the profitable businesses with the most demand in 2022 is going to be audiovisual production.
If you are a pro user of video editing software programs such as Adobe Premier, Camtasia or DaVinci Resolve, you have a market full of possibilities among all those people who want to become youtubers but do not know how to edit the videos they record.
Your job, in this case, would be to edit the raw videos that YouTubers send you, so that the end result is a powerful, professional-quality clip.
Another option — if audio is your thing — would be to edit podcasts for people who want to communicate through their audio recordings, but don’t have the time or inclination to give their episodes a more professional finish.
Strong point: both videos and podcasts are the most successful formats in 2022. That means that you will have a huge number of clients to offer your services to.
Weak point: you will need to make a good investment in equipment and software if you want to optimize production times, since this type of work requires good computers and expensive tools.
8. Layout ebooks
There are many professionals who want to demonstrate that they are experts in their sector. To do this, there is no better way than to write books and create infoproducts. And many of them choose to self-publish their own ebooks.
The problem with this is that —although almost everyone knows how to layout Word or Google Docs documents more or less well—, it is not so easy to work with the usual mobi or epub formats in ebook readers.
Therefore, if you know how to handle layout programs like Adobe InDesign, you are facing one of the most profitable businesses in 2022, since the demand for this type of professional continues to grow.
Strong bridge: if you know the layout techniques and software well, you will hardly have competition because there are few expert designers in this type of work.
Weak point: the publishing industry in Spain —and Latin America— is not going through its best moments, which also applies to self-publishing. With few exceptions, authors do not manage to sell more than a few copies of their works and do not make large profits. For this reason, they cannot pay high fees to layout designers either.
9. Buy and sell Internet domains
If you have a nose and know which domains to register in advance, you can turn the “vice” of buying domains into one of those profitable and cheap businesses that everyone dreams of.
You just have to predict which domains may be interesting in the future for a company and register them in advance. And over time, offer it to that company for a higher price than what you paid for it.
In fact, most likely, if your offer is reasonable, the company will buy your domain to prevent another competitor from taking it over to take advantage of their own branding.
Another option would be to participate in domain auctions on specialized platforms. In that case, the domains that fetch the highest prices are the ones that match popular searches. And it is usually the SEO experts who are dedicated to creating niches who bid the highest for that type of domain.
Strong point: if you find domains with future projection, you can earn a lot of money with little investment.
Weak point: If your sense of smell fails you, you will have to maintain more and more domains that nobody wants and that are of no use to you.
10. One of the most profitable businesses that exist: doing ecommerce
To finish this list with the profitable businesses of 2022, we must mention our sector of activity: electronic commerce.
To this day, online stores are still one of the best ways to earn good income with little investment. In fact, here is an article in which we explain how much it costs to set up an online store in 2022.
Also, if you are thinking about profitable businesses but you do not dare to take the step of creating your own online store, you can start with a dropshipping store.
Remember that dropshipping is a business model that avoids you buying large stocks, since you only have to buy the products that have been sold and charged. And the best thing is that you don’t even have to take care of the shipping, because the supplier does it on your behalf.
In any case, the natural step, once you try dropshipping, is to create an online store with your own products, since that way you can better control the entire process and the satisfaction of your customers will increase exponentially.
Strong point: if you manage your store well, growth can be practically unlimited.
Weak point: if you opt for pure online commerce, you will have to make a greater investment in inventories and products.
Have you already found your profitable business among all those proposed?
On many occasions, thinking of profitable deals without actually taking action can lead to what is known as analysis paralysis.
To avoid this, we recommend that you carry out a risk control and then jump into the pool to start testing your idea to earn money from home in the market.
And if you still have questions, we will be happy to help you in the comments section below.
