7 Most Profitable Businesses With Low Startup Costs In 2020

2.Social Media Manager

Billions of businesses around the world now engage in online marketing, and they need a knowledgeable person to help them manage their online presence. These businesses are moving away from maintaining dynamic websites to marketing their services on social media platforms since the majority of their potential customers congregate perpetually on social media.

You could monetize your presence online if you always spend the majority of your time on Facebook, Twitter, Instagram, Pinterest, Reddit, LinkedIn, YouTube, and Quora among others. As a social media manager, you will manage the social media accounts of your clients – and serve as both the PRO and the customer service representative. A social media manager earns up to $1,000 monthly per client, and with five or more clients…

You will schedule periodic posts, respond to customer concerns, attend to product/service queries, and generally keep the social media accounts active. The ultimate purpose is to acquire more online customers and keep the image of your clients positive with target audiences. By registering your business as a social media consultant, you will take on as many clients as you can handle after an initial, low startup cost.