E-learning is exploding as an industry. Recent studies show that the industry will be worth around $331 billion by 2025, making digital products one of the best online business opportunities for creators and educators alike. Music, videos, ebooks, and online courses are a few examples. They can be held or touched, but are popular amongst consumers because they can download them and consume on their own time.
Fortunately, baby boomers are a wealthy demographic compared to previous generations. For the most part, they can afford to pay for the services necessary to maintain their lifestyles. This includes continuing to live at home in their own communities. According to research by the American Association of Retired Persons, 76% of people age 50 and over have this goal.
Online learning is one of the most significant business opportunities for the coming years. More people are taking to the internet to learn online. The e-learning market is expected to grow to $325 billion by 2025. You can create online courses in various niches. Whether you create the online courses yourself, hire people to create the courses for you, or let course creators use your platform, you can earn money doing this. It’s a worthwhile opportunity right now because it’s already popular and expected to continue growing.
If you're looking to promote your products or services, there are a few affiliate programs you can consider. When choosing an affiliate program, you'll want to keep in-mind the avenues or platforms your audience spends the majority of their time — for instance, does your buyer persona typically read blog posts, scroll Facebook, or use search engines when researching new products?
Business opportunities are common in the education space. So many people want to learn. That’s why tutoring businesses are still popular. If your goal is to create a job for yourself, you can be the tutor. However, if you’re looking to own the business, you can hire students to tutor younger students. You’ll simply need to find customers for your business. The more customers you have, the bigger your business will grow. You can rent out office space for a couple of hours in the evening instead of investing in your own office space to cut costs. This can help you build a sustainable business.
Also known as a publisher, the affiliate can be either an individual or a company that markets the seller’s product in an appealing way to potential consumers. In other words, the affiliate promotes the product to persuade consumers that it is valuable or beneficial to them and convince them to purchase the product. If the consumer does end up buying the product, the affiliate receives a portion of the revenue made.