James Schramko here. Today, I’m going to share with you where I think there’s good opportunity in the online business space.
So, I have plenty of students in my highest-level coaching called SilverCircle, and the average income is actually bumping up to nearly three-million-dollars-a-year revenue. It might beg the question – what products or services do these people sell? So, I’m going to talk about industry classifications here.
I think the big opportunity is in digital services – that’s anything to do with Facebook, AdWords, YouTube advertising, website development – these are all hot; integration agencies, etc. Another area that is strong is Software as a Service, especially tools that help people with their online business. So, that could be lead generation tools or software; anything that helps speed up or produce a better result for a customer where they’re happy to pay a continuing recurring fee.
I would also say online education is big. If you want to be a coach or if you’ve got some kind of expertise and you want to set up an online portal, whether that’s basketball, or guitar, or how to program; these things are hot markets for you to get into. There’s a big audience and they want to learn online. They’ve realized the foundation of traditional education is crumbling. So, online education is hot. The final one is e-commerce. I’m seeing quite a few people in the e-commerce space because it makes sense that we’ve stopped going to retail stores and we want to shop online. So, online e-commerce is actually a really big market.
So, they’re the main categories of people who I coach. If you are in one of these categories and you’re doing quite well and you’d like a bit of help then maybe I could help you with your business as well.
I’m James Schramko. I hope you’ve enjoyed this tip.
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