In 2022, the way we earn money will change. Gone are the days of putting in a fixed number of hours each week at a traditional job. Now, more and more people are looking for ways to generate extra cash flow by exploring the digital world of marketing, launching a side business, or even investing in a digital nomad lifestyle.
If you’re looking to make money online in 2022, here’s the best guide for starting and growing a successful business in the next 12 months.
The Growth Of Online Ventures
In 2022, the market share of online shoppers will surpass that of physical shoppers. (Statista, 2021) According to the 2019 eCommerce Market Share Report, Amazon Web Services (AWS) will hold the largest market share in 2022, followed by Google Cloud Platform (GCP) and Microsoft Azure.
Shopping via a mobile device will increase from 19% in 2019 to 27% in 2022. (Statista, 2021)
In 2022, people will spend 4.5 hours each day shopping online. (Statista, 2021)
People are moving toward online businesses – whether to generate income or to explore a new hobby – because of the conveniences and ease of doing business online. (HubSpot Blog, 2020)
In 2022, entrepreneurs are going to see an opportunity to make money online and are going to jump on it.
Tips For Starting A Digital Nomad Business In 2022
If you’re looking for ways to earn fast cash in the next 12 months, consider exploring the world of digital nomadism. While the term “digital nomad” may conjure up images of a transient lifestyle in a nomad tent, the world of digital nomads is much more sophisticated.
Starting a digital nomad business doesn’t mean you’ll never set foot in a traditional office. You may do some of your work from home while taking on clients, making massive investments in internet marketing, or handling administrative tasks. The flexibility of being your own boss and the opportunity to work remotely are major draws of this type of work. (Alibaba Group, 2021)
While there are numerous ways to make money online, setting up a blog to promote a product or service and generating affiliate sales is one of the more popular ways to earn quick cash. (Bluehost, 2020)
Blogs aren’t the only thing rising in popularity as an online business platform. E-commerce platforms, especially Amazon, are gaining ground as people want to avoid wasting time shopping for items they want online. (Alibaba Group, 2021)
One of the downsides of doing business online is the vulnerability to cybercrime. Although the incidence of cybercrime is rising, it’s still considered a low-risk activity by most online businesses because the damage is relatively easy to repair. (Alibaba Group, 2021)
Many businesses will choose to operate in the cloud to protect their data from being stolen by hackers. (Alibaba Group, 2021)
Forbes listed five steps you need to take to ensure your business is safe online.
- Create a business email address
- Install 2-factor authentication on your web and mobile accounts
- Establish a dedicated security account
- Monitor activity on your social media accounts
- Review customer credit card information
- Regularly update your cyber security policies and procedures
You don’t need to run a full-blown security operation to keep your business safe online. A simple change in a few places can give you a great start. (Forbes, 2020)
Blogging In 2022
In 2022, people are going to enjoy the flexibility of choosing their own hours, taking a few hours or even a day or two off, and being able to work remotely when needed. (Hootsuite Blog, 2020)
According to HubSpot Blogs, blogging is one of the top online businesses you can start in 2022. The growth in blogging as an online business platform is expected to continue in the coming years.
Many small businesses owner’s will choose to blog as it provides them with a low-cost way to advertise their business, build credibility, and attract customers. (HubSpot Blogs, 2020)
Blogs aren’t just for small businesses – even big companies are choosing to blog to gain insights, stay relevant, and attract potential customers.
According to MarketingCharts, the global market size of enterprise blogs will reach nearly $3bn in 2022.
If you’re looking for a way to make money online in the next 12 months, consider starting a blog. The world of digital nomads is expanding and evolving, and so is the way we earn money online.