Top 9 Lucrative Digital Skills and Online Businesses

9 Most lucrative Digital Skills and online businesses (7 Figure Blueprint)

with lucrative digital skills and online business having huge significance in this era, Digital skills and online businesses offer a gateway to higher pay, in this blog post I will be sharing with you a few lucrative digital skills and businesses that pay well. What I need from you right now is to get a cup of coffee sit and read.  

 The digital revolution is very productive as the internet has now made its way to even the most remote destination on earth. We have access to world information at our fingertips, accessing career, businesses, academic, and other vital information regardless of where we live. see related post; choosing a career path: 10 highly lucrative skills

lucrative digital skills discussed in this post will enable you to step up in your career if you are stuck somewhere, Globally there is a massive shift that favors digital information sharing and transactions. People are hired online, to even work from the comfort of their homes.

Governments’ agencies, individuals, and startups now embrace the internet with this lucrative digital skill and online business for their business, ranging from personal websites, corporate sites, and eCommerce stores.

The blossoming work-at-home community is determined to create its own itinerary and lifestyle business. They don’t want to work in a corporate office somewhere. This is the advantageous effect of these lucrative digital skills that are discussed in this post

The main point is understanding which of these lucrative digital skills and online business money-making online opportunities will bring out the biggest outcome with the least risk and know which way to make your income in a web-based position.

 As an individual knowing what you are doing following online work and business can produce meaningful income. the following lucrative digital skills and online business is what you need. you can also visit some of our related post skills required for lucrative industrial digital marketing jobs

Here are 9 most lucrative digital skills and online businesses that pay well:

BLOGGING

An individual can create a blog and enjoy a location-independent lifestyle, blogging is a lucrative digital skill that can be a source of inert income if you do it the right way and if you are earnest about selling something, then it’s also a terrific point of entry to your sales funnel.

 While starting up isn’t too hard, developing it is unless you know the precise step. And even while there are many ways to profit from blogging the surest and the best is to sell vital digital products to your audience. The strategy here is to create your blog correctly if you want to generate a meaningful income.

Blogs don’t make a substantial income from adverts unless they have thousands or millions of traffic per day.

So they engage in things like affiliate marketing, digital product, email marketing, premium content, and etcetera.

How can I learn to blog?

Read articles about successful bloggers read a blog post and enroll in online courses that teach blogging such as skillshare.com

Do bloggers make meaningful income?

An average blogger with 1 year of experience makes $500 -$2000 per month according to glassdoor the average blogger salary is over $32,800 per year based on several anonymously submitted salaries.

What do I need to do to get started with this lucrative skill?

Here are few guidelines to start a blog

Choose a niche; what will you focus on? You need to choose a specific niche it is better to start with an area you are most interested in.

Create an account; go to wordpress.com and click on get started to follow the steps to create your account and new blog.

Claim your domain name; depending on the type of niche you select, you should pick a domain name that can tell what your blog is all about, you can either create a domain name that constitutes or includes wordpress.com in it or a customized domain name that does include wordpress.com

Customize the design; the WordPress customizers will allow you to select and specify a color scheme, create a custom menu, upload a custom header image and choose fonts.

Create unique content; create persuasive and unique content, this aspect is the backbone, do your work and avoid plagiarism.

Publicize; after you hit publish ensure to share your blog post on social media to share your handwork.

can social media influence blogging?

You can share a link to a certain blog post that may interest your social media followers, this could also make it easy for those followers to share these posts to their social circle. Your social media account on each blog post include hashtags and keyword that merge content.

COPYWRITING AS A LUCRATIVE DIGITAL SKILL

Copywriting is a lucrative digital skill it is the art of creating and writing that illustrate, educate, explain, and ultimately market. Depending on the writers’ experience, one can choose from several niches to master or learn how to sell anything through writing.

Copywriting is a lucrative digital skill an individual can have in his era, the best part is you don’t need any formal education, funny enough some of the most sought after and highest paid copywriters never took a writing class in their life and they make six figures annually. In this post, I will be sharing with you how to write great copy and everything you need to get started as a copywriter even if you don’t have experience.

Who Is a Copywriter And What Do They Do?

A  Copywriter is anyone who is paid to write content that motivates readers to take action for instance copywriters write the words used for marketing products and services, which include things like;

  • Sales pages
  • Email funnel
  • Landing pages
  • Blog post and articles
  • Video script
  • Case studies
  • Advertisement both print and digital
  • Copywriters are not just writers they can also be referred to as sales people, you need to learn and master all these element in order to be a good copywriter.

Do Copywriters Make Much Money?

I am not telling you copywriting can make you rich, but copywriting can fetch you at least meaningful income as an individual either unemployed, employed, or as a student. Some people take it as a side hustle and people have earned six figures from it.

Research made by glassdoor stated that the median salary for copywriters in the US is $58,465 per year that is for writers who work in-house or for an established agency. Working as a freelancer can also fetch you a lot more depending on the amount of work that you do. It’s not surprising for writers to have 6-figure salaries.

The art of this lucrative skill is a thing you will learn with experience so you may not be good at it if you just started.

How to Write Persuasively With this lucrative skill

You don’t need to have a degree in creative writing to be a good copywriter but you must know how to convince readers to take action, what makes this easy is that you can learn by studying from those who’ve done it already i.e professionals. Below are essential tips for improving your copywriting skills;

  • Practice writing and build your portfolio
  • Discover your copywriting niche, the specific area and audience you’ll be targeting as a copywriter
  • Learning never ends so focus on learning always
  • Be humble and accept criticism sometimes this will help you improve more

You can earn money even while you practice your skill.

AFFILIATE MARKEING AS A LUCRATIVE DIGITAL MARKETING SKILL

This is a process by which an affiliate earns a commission for marketing another person or company’s product. this lucrative digital skill or online business operates in a way in which the affiliate simply searches for a product in the search engine that they enjoy promotes the product and earns a piece of the profit from each sale that they make. These sales are tracked through affiliate links from one website to another.

How Does Affiliate Marketing Works?  

Because this lucrative digital skill works by conveying the duties of product marketing, it manages to influence the abilities of a variety of individuals for producing a functional marketing method while providing contributors with a share of the profit. For this to effectively work the different parties must be involved.

  • The seller and product seller
  • The affiliate and advertiser
  • The consumer

The seller                                                                          

Whether just an entrepreneur or large enterprise, vendor, merchant, product manufacturer, or retailer with a product to market, the product can be a physical object such as a barbing clipper or service like barbing tutorials.

The seller does not necessarily need to be actively involved in the marketing, but they may also be the advertiser and profit from the revenue sharing associated with affiliate marketing. For instance, the seller could be an eCommerce merchant that started a business and want to meet new prospects by paying affiliate websites to promote their product.

The affiliate or publisher

The affiliate can be an individual or a company that markets the seller’s product in a captivating way to potential customers. In order words, the affiliate promotes the product to convince prospects to buy the product. When a prospect finally buys a product, the affiliate receives a portion of the revenue made. Affiliates who are to be generally adhering to the audience interest often have a specific audience to whom they advertise their product. This makes a defined niche or personal brand that aids affiliates in attracting customers who will be most likely to act on the promotion.

The Consumer

Affiliates share these products with them on blogs, social media, and websites. The seller and affiliate share the profit when a consumer buys a product. The consumer completes the purchase process and receives the product as normal and doesn’t get affected by the affiliate marketing system in which they are a significant part.

How Are Affiliate Marketers Paid?

The answer to this question may not be that difficult, affiliate marketing has an undesirable draw for those looking to increase their income online, depending on the program, and the affiliate contribution to the seller will be qualified differently. They are various ways in which affiliate marketers get paid, which includes;

  • Pay per sale

This program is referred to as the standard affiliate marketing structure, the merchant pays the affiliate a percentage of the sale price of the product after the consumer buys the product as a result of the affiliate marketer strategies.

  • Pay Per Lead

A more complex system, this program compensates the affiliate based on the conversion of leads. The affiliate must convince the consumer to visit the merchant website and complete the desired action be it following a contact form, signing up for a trial of a product, subscribing, downloading files or software.

  • Pay Per Click

This last program focuses on motivating the affiliate. Redirect consumers or prospects from the marketing platforms to the merchant website. This means the affiliate must engage the consumer to the extent that they will move from the affiliate site to the merchant site. The affiliate is paid based on the increase in web traffic.

CRYPTOCURRENCY TRADING

Meaning Of Cryptocurrency Trading

This lucrative digital skills/businesses operate in way of speculating on cryptocurrency price movement via a CFD trading account, or buying and selling coins via an exchange.

CFD refers to contracts for differences. This trading involves buying and selling some units, this trading enables you to speculate on cryptocurrency price movement without taking ownership of the underlying coins, you can go along and buy if you think cryptocurrency will rise in value or short (sell) if you think it will fall. You only need to put up a small deposit known as margin to gain full exposure to the underlying market. Your profit or loss is calculated according to the full size of your position.

Buying and Selling Crypto currency via an Exchange

When you purchase cryptocurrencies through an exchange, you purchase these coins themselves. You will need to create an exchange account, put up the full value of the asset to open a position, and store the crypto-currency token in your wallet until you are ready to sell.

The exchange comes with its own steep learning curve as you will need to get to grips with the technology involved and how to make sense of the data. Many exchanges have limits on how much you can deposit.

How Do Cryptocurrency Market Work?

Crypto markets are not issued or backed by a strong authority such as the government. Instead, they run across a network of computers you can buy and sell cryptocurrencies via exchange and keep them in your digital wallet, unlike normal currencies, cryptocurrency exists solely as a digital record of ownership, which is stored on a blockchain. When you as a user wish to send a cryptocurrency unit to another user, they send it via a digital wallet. The transaction is not considered final, it has to be verified and added to the blockchain through a process called mining. The process is also how new cryptocurrency tokens are created.

What Is a Blockchain

A blockchain is a shared digital register of recorded data for cryptocurrencies; this is referred to as the transaction history for every unit of cryptocurrency, blockchain works by keeping records of transactions in blocks with blocks added at the front of the chain which is new. The security features of blockchain technology are unique and normal computer files do not have.

How Does Cryptocurrency Market Moves?

The movement of the market is based on demand and supply. Since they are decentralized, they remain free from various political and economic concerns that affect physical currencies. Meanwhile, they are plenty of uncertainty that surrounds cryptocurrency.

GRAPHIC DESIGN AS A LUCRATIVE DIGITAL SKILL

 It is important to answer how to make money online with this lucrative digital skill, I see graphic design as a way of finding visual solutions for a specific purpose. It can be either to make someone purchase a product or watch a television show, graphic design covers almost every visual aspect of life.

Graphic design has a different unit that you might choose to specialize in, including packaging design, layout design, branding, and logo design, and even typography, if an individual is interested in making fonts and playing with type. Every unit is important though some specialization might pay a bit more depending on the skill.

Vital Graphics Design Tools

This lucrative skill, graphic design needs a tool. you must have the necessary and proper tools the majority of this can be purchased online. A computer is the first thing a person who aspires to be a graphic designer will need to have, which can be either a laptop or desktop. You will also need to purchase a membership to the adobe creative cloud, price of this range depends on the package you choose, it is important to purchase almost all adobe apps because you never might know which one you will need for a client. The last graphics design tool that an aspired graphics designer is recommended to have is a ruler handy mostly for print design.

WAYS TO MAKE MONEY AS GRAPHIC DESIGNER

  • SELL STICKERS

Sticker shops are on the rise, to make a sticker all a graphic designer needs is access to Photoshop or canva to make text-based stickers, the best place to sell stickers are Etsy, society 6, red bubble, one can also consider hosting own website with your design on Shopify.

  • THIS LUCRATIVE SKILL CAN MAKE YOU WORK WITH CLIENT AS A FREELANCER

Places where to find freelance graphic design jobs are Upwork, fiver, Flexjob, Facebook, LinkedIn is a social media platform that is ignored as a great spot to find freelance jobs.

Almost every business or skill have secrets or discipline that makes them successful, below are few guidelines you will need to get used to;

  • I will advise that you keep track record of all your income and expenses as a graphic designer this will help to pay your quarterly taxes or annually depending on how much you make.
  • You must stay on top of what current and trending
  • It is important to keep in mind that you will need to create your own guidelines
  • Be realistic this is vital for all kind of jobs

WEB DEVELOPMENT AS A LUCRATIVE DIGITAL SKILL

Technology has played a huge role in our lives and it still has more to do, from the easiest apps to the leading edge inventions, however in this post, I will be sharing with you what this lucrative digital skill, web development really means, the kind of work they do, how much an average web developer earn and how to become a web developer.

Physically it might look like a difficult and unattainable dream, so let me educate you about this amazing industry. I must begin by telling the basics of web development

What is web development?

Anything that can be seen in your browser is been made by a web developer. Becoming a web developer is a dream come true and going for a new and profitable career is an amazing decision.

What Kind Of Job Does a Web Developer Do?

  • A web developer design and develops website and application using different kind of programming languages and web technologies.
  • Web developers are responsible for managing site functionality, implements application features
  • They integrate security measure

Is There Demand Of Web Developers Right Now?

Technology is almost everything; technology is part of our day-to-day activities, from watching the news, buying or paying for something online, using your favorite social network sites, and many more. The majority of what you do depends on a particular type of technology, all this technology is a team of web developers who do not just build but maintain and makes sure it works faultlessly.

According to the bureau of labor and statistics, the hiring of web developers is expected to grow from 8% from 2019 to 2029 faster than the average of all jobs the recent coronavirus pandemic also increases the need for web developers globally. In today’s technological world those who build and maintain apps websites, and software have a unique role to play.

The need for web developers will increase in areas like media and entertainment, online banking, distance learning, eCommerce, and many more. The industry is growing so as a new and aspiring web developer I urge that you develop confidence in embarking on a future-proofing project.

Is Web Development a Good Career In 2021?

Is this a good time to take this lucrative digital skill web development as a career?

Looking at the expected growth in speculation and the job market, I will tell you yes. It is also the most demanding job title in tech and one of the top-paying.

Here are some salary ranges for web developers according to glassdoor in 2020.

  • Junior web developers earn $54,456 annually
  • Junior fronted developer earn $93,248 annually
  • Junior backend developer earn $68,388 annually
  • Junior java script developer earn $70,259 annually

Web developer makes anywhere between $78,000 according to indeed and $88,000 according to glassdoor a year with an easy way to a more senior position.

Why You Should Become a Web Developer And Why Web Development Is a Good Career.

Some part of the world is currently facing a shortage of skilled tech talent, there is no sign the demand will wane, and the growth on eCommerce and increasing dependence on mobile search will only create the further need for talented web developers.

According to stack flow, 83% of professional web developers in the United States are employed full-time, and another 10% working on a par time freelance basis.

The US news and world report ranked software developers as one of the eight best overall tech jobs in 2018.

CONTENT CREATION AS A LUCRATIVE DIGITAL SKILL

Content creation is also a lucrative digital skill that one can earn meaningful income from in this present era, this is when you write informative content and sell this content itself. Many people think of content marketing as blogging. However, blogging is not a business it is a way of attracting visitors to a site, you don’t need a degree to become a content creator or content marketer, you just need common sense and the ability to make research on any given topic.

The basics skills are research and writing but there are online sites that provide specific training in content marketing from a business perspective.

  How Can I Use This Skill?

If you can write persuasive content that will bring people to your website and sell to them e-book or advertise on your site, you are a content marketer.

Note that this is close to affiliate marketing, the difference here is the content that you are selling is your work and not the works of others.

Can I Earn Profitable Income From Content Marketing?

 According to payscale, an entry-level content marketer with less than 1 year of experience can expect to earn an average total compensation which may include bonus and overtime pay of $42,000 based on 15 salaries, amid –career content marketer with 5 to 9 years of experience can earn $50, 938. So the more years of experience the more increase in income.

What Should i Do Now?

Many people aspire to pursue content marketing, but becoming a content marketer is entirely different from putting the aspiration into practice, experts from ESSAYZOO claims that for you to become a content marketer their various things you’ll have to do such as taking a content marketing course and learn about marketing

  • Improve your writing skills; take a copywriting course or any career in content writing which involves a significant amount of writing.
  • Exchange opinion with experts; learn something about their success and failures, read books to find out what other content marketers have encountered in the content marketing world.
  • Develop technical skills; you can develop technical skills through online reading, raining programs and practicing before you land the position.
  • Be creative; embrace creativity and cultivating your creativity can be through reading books and poetry, just do something you enjoy.
  •  Make research; Content writers must develop interest in research as research is also a backbone to content marketing
  • Finally learn more courses or spend more time on courses that that will help you to be successful.

DATA ANALYST AS A DEMANDING LUCRATIVE DIGITAL SKILL

this is a lucrative digital skill that is in high demand globally data analysis can be referred to as any process that helps to clean, summarize transform, and model data to discover new and meaningful patterns that can be used to inform decision making, every company has access to data. However even companies with relatively little data have the potentials now to gather more by optimizing their website.

Business data analysts assess historical data, which helps them to optimize business operations by finding out the existing loopholes and saving up a considerable chunk of expenditure for the organization.

From the foundation of it all is the set of hard skills you’ll need beginning with a strong understanding of programming languages.

What Skills Do i Need To Become a Data Analyst?

  • SQL (structure query language); this is a way to update and retrieve specific data or subset of it and identify relationships between its variables.
  • EXCEL; for over three decade excel has shown it advantageous part, excel is one amazing skill you need to know very well, when it comes to work relating to data, from pie and bar graph, chart, dual axis and combination plot and so many more, excel remains very useful and vital to this program.
  • DATA VISUALISATION; this is the point where after identifying meaningful trends in data, you’ll be able to communicate them to others and present them in a more intuitive way. Other skills needed include an eye for a detail, creative and analytical thinking, and an ability to communicate ideas.

With these above-discussed skills, you are on the right track to becoming a data analyst.

How Long Does It Take To Become A Professional Data Analyst?

This lucrative digital skill can take from 10 weeks to 3 to 4 years is if you have the skills discussed in the previous chapter, they are online courses that can give a complete program in as little as 10 weeks or few months it mostly depends on you. The vital factor is how much time you can commit to it, with the required skills, hard work and a lot of time spent studying.

I think it’s doable although it is a little bit complicated and bulky. However, a bachelor degree in fields like mathematics, finance statistics, economics, or computer science gives you a structured way to build skills and network with professionals in the field and it’s still possible to develop your data analyst skill you can start with data analyst certificate courses and land a job without a degree.

Is Becoming a Data Analyst Worth It In This Era?

This lucrative digital skill is high in demand globally but I will like to also let you know that whatever is worth doing is worth doing well, I mean just do it well and do it with passion, because everything depends on the passion and interest you have for a particular field.

What is the range of an average data analyst?    

In Nigeria, the average salary of a data analyst is NGN 130,000

In the US the average pay of a data analyst is $5608 a month

In the United Kingdom, the average data analyst salary is 2300 pounds per month.

WEB DESIGN AS A LUCRATIVE DIGITAL SKILL

Web designing is a lucrative digital skill, a web designer creates a website using website builders such as WordPress, Wix, square space, and many others, they do not make custom CSS, or javascript. Web design is integrated with graphics and design but a web designer doesn’t have to create their own image, here they use someone else works.

How can I learn web design skill?

You can learn web design from online courses, they are multiple online courses and any individual website building platform will have tutorials that are for free on how to use their software.

How can I make use of this lucrative digital skill?

This lucrative digital skill is also a highly desirable freelance skill to have, you can work for a company and design their website, but the salary you’ll obtain doing this as a freelancer is way higher than working for a company, the higher earners in this field are usually freelancers. Advanced networking through digital media and also word of mouth may add credit to the web design services provided.

What should I do to become a web designer?

Here are five basic steps you’ll need to follow gradually in becoming a web designer

  • LEARN WEB DESIGN THEORY; Learn all the theoretical aspect of web design, you will need to be proficient in the technical aspect of building a website, many web designers are self-taught, there are specific courses available online that you can use to develop your skill, such courses include graphics software, programing languages, search engine optimization, communication skills.
  • EARN CERTIFICATION; obtaining a certification in some areas can help you charge a higher rate and prove your knowledge to potential clients. Such certifications include Adobe certified expert, general assembly bootcamp, Google mobile web specialist.
  • Create your own when you have the necessary skill; as you gain clients, build your portfolio, keep an updated portfolio of your work and skill.
  • GET A SPECIALIZATION; if you focus on a particular niche of website design, you may be able to gain recognition for your skill and get more clients.

IS Being a Web Designer an In-demand Job?

YES! It is, according to the US Bureau of Labor statistics. This field is projected to grow by 13% between 2018 and 2028, which is much faster than average.

What Is The Average Salary Of a Web Designer?

Web designers are often freelancers who work for multiple clients at a time and may work full time for a business agency. The average salary of a web designer is US$22.27 per hour.

         Conclusion

The following discussed lucrative digital skills and online business are what’s trending and demanding globally, so if you feel like you are stuck in your career, or maybe you have a degree that is not useful, try one of these in-demand skills and scale-up. This will help you create the value that you offer in the market and get good pay. All the best!     

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