Nowadays setting up an online business is not difficult. If you are looking for a way to make extra income, want to switch your career or want to start a small business, an online business can be a perfect way to earn big money.
I don’t want to convince you why you should start an online business. Because you are already read newspapers and watch TVs about the people or companies who became millionaires and even billionaires from the online business.
And here, I am going to show you the best online business opportunities where people are making a few hundred dollars to thousands of dollars a month depending on the time they spent and the way they work.
There are thousands of people all over the world who are making thousands of dollars from blogging. Blogging is to create articles about your experiences, passion, ideas and many other topics you want to share.
You might say things like “I don’t know anything about creating a website and write an article ”. I thought the same as you are thinking when I first tried to do blogging. But now I was very excited to write something about and share people.
Become an online seller
If you are looking for a simple online business then there is nothing better than becoming an online seller. You can sell products on Amazon, eBay, and Facebook or your own shopping site. There is no problem enen though you don’t have your own products. In fact, thousands of sellers who are making money don’t have their own products.
They just buy them from a local market at a very cheap price and sell them these sites.
Become a freelancer
Freelancing is another best online business anyone can start. There is a number of best freelancing sites where you can signup and provide many services with people or companies. You can charge a fixed amount or on an hourly basis for a particular project. There are a lot of online services you can provide as a freelancer. You can check sites like Fiverr, Upwork, and PeoplePerHour.
Create a YouTube channel
YouTube partner program is another online business opportunity provided by Google to create quality videos, publish them on YouTube and make money. You can create a YouTube channel based on a particular topic and then publish similar videos on regular basis in your channel. You can then join the YouTube partner program where you can earn money for each and every video views.
Training & Consultancy
If you are an expert in some fields then you can provide online consultancy and training to people who are looking for your services. Some of the examples are like Online Classes, Nutrition, Body Building, Accounting, Job Placement, Finance Advice, Gadget Repairing, Coding, Stock Trading, Certificate Courses, Health & Fitness, Cooking or anything you specialized in.
You can provide your services through your website or a Facebook page or freelancer sites.
Online Network marketing
Whether you like or not but network marketing or MLM (multilevel marketing) is one of best business idea you can start. There are hundreds of Indian or Global MLM companies. you can join & promote online. You can make money simply by referring people to the company.It’s better if you choose an established company with a good product. You need to research & make sure that the company you join don’t have any problem in future
Affiliate marketing is another most popular online business you can start. Here, you need to signup as an affiliate in a company & promote its product. There is a great income potential in affiliate marketing but it’s not that simple to work as an affiliate. There are hundreds of best affiliate marketing companies like Amazon, Flipkart, Clickbank, Commission Junction & many others you can join & promote.
A virtual assistant is one of the best online business idea & is very popular among women. This work is like a personal assistant but in this case, you don’t need to physically present to assistant your client. You can help people with your skills & manage their business partially as per their instructions. There is a number of sites like People Per Hour, Elance, Fiverr etc. where you can find unlimited opportunities for yourself.
There is no better time than this for a start-up. You can find dozens of start-ups daily in countries like India, the USA & others.
If you have any great idea & want to start your own company then it’s very easy nowadays to get funding from a number of Venture Capital firms
Sell Photos Online:
Are you an excellent photographer? Then there is a chance of making a great income by selling your photos online. There are dozens of photo sharing sites where you can upload your photograph & make money from each & every download.
If you’re good with people, customer support calls, or online community engagement, this is the online business idea for you.Customer support consulting through platforms like ModSquad, you can make money with these skills while maintaining control of your own hours — and working from anywhere.
SEO is the lifeblood of online marketing, so if you have the knowledge, start your online business by offering search engine optimization services.Check out my interview with Brian Dean of Backlinko to learn his approach to SEO and how to rank in Google.
Digital marketing services:
Digital marketing is a catch-all term for everything about creating a presence and making sales online. It could include creating websites, email marketing, SEO, and copywriting.
Of course, it’s very much in demand. If you already do this type of work for your employer, you could be running your own online business.
Buy and flip websites:
If you want to invest in online business ideas that are already profitable, why not buy one? You can build it up and flip it when you’ve increased its value.Check out this interview with Empire Flipper’s founder, Justin Cooke, to learn just how lucrative this can be.
Buy and flip domains:
Similarly to buying and flipping websites, you can turn a profit and start an online business by buying and flipping . simple trade: acquire a domain at a lower cost, and sell it to someone who becomes interested, for a profit
There’s a reason why the cryptocurrency is so popular as of late – there’s a lot of money to be made. If you’re a risk-taker and have a starting capital, try your hand at cryptocurrency trading.Since it’s such a volatile market, you can make money day trading, as long as you can handle the risks.
Automation service business:
A lot of companies want to automate their processes, but they don’t know-how.For example, if you know how to integrate CRM software like HubSpot, you can help small businesses transition their contacts online.
This business idea is perfect as a productized service model. You can create fixed price packages to migrate small businesses to cloud-based platforms for their accounting, sales, or contact management systems.
If you’re the kind of person whose intellectual algorithms work better than Skyscanner’s, start a travel consultancy online business.This one works well if you specialize in a particular niche. That way, you can establish your authority as an expert in a certain region, or a specific type of travel.
For example, Boutique Japan specializes in creating personalized itineraries for those who want a unique trip.
Similarly to life coaching, business coaching means working with business owners to help them achieve growth and success.This can be a very lucrative online business idea. In fact, I’ve lost count of how many entrepreneurs I’ve interviewed who are currently working full time with a business coach.
If you’re a good communicator with past successes in your industry, consider offering your services as a business coach.
Start a gaming business:
Can you really make money playing video games? If you’re a high-level player and you can put some time into marketing your business, then yes.
This article on Gamefly is a good primer on how advanced players can monetize their gaming skills through streaming, educational videos, or selling items within a gaming platform.