Online businesses are booming due to the convenience of shopping and conducting business from the comfort of your home.
The internet is a vast place and can be a successful business idea boasting year-round sales with low overhead costs!
The following article discusses 10 online business ideas that have proven their worth over time.
These ideas will help you get started in your quest to find the best possible online business for you or provide inspiration for new ways to grow an existing one.
1) Drop Shipping
This is when a retailer doesn’t keep inventory but instead drops goods off at customers’ doors directly from wholesalers or manufacturers.
This saves retailers money by cutting out middlemen such as distributors and wholesalers who traditionally handle goods getting from the manufacturer to you.
The retailer sets up an online store on a third-party website, such as eBay or Shopify, and accepts payment for items ordered with the wholesaler handling delivery directly to the customer.
2) Affiliate Marketing
Affiliate marketing is when you earn a commission by promoting services or products. Online retailers pay affiliate marketers a commission for every customer they refer to their online store.
You can use Facebook, YouTube, or blogs to spread the word about new services and products you are promoting as an affiliate marketer.
Consider blogging about your favorite new product, service,e or website to earn advertising revenue from companies whose products or services you feature on your blog.
You can also use video hosting sites to create promotional videos for services or products you are promoting as an affiliate marketer.
You can earn a decent amount of money as an affiliate marketer if you have a solid following and reviews for the products or services you are promoting, but it takes time to build a customer base and start earning revenue from affiliate marketing.
With the rise of blogging, making money from your personal has never been easier! You can monetize a blog through affiliate marketing, selling ad space on the side, or brand deals.
The most common ways to monetize blogs are using Google AdSense and affiliate marketing.
Check our complete guide about Hello Dolly Plugin which is one of the most useful WordPress plugins for blogging.
4) Freelance Writing
Many companies will pay you to write articles for their website. You can also sell your own, custom-written information products to consumers and businesses alike. Sites such as Scripted, UpWork, eLance, and Freelancer are great places to get paid to write online.
If you’re a more advanced writer, selling your original content on sites like these will make you more money than selling your content to other sites, but it takes time to build up a portfolio on these sites. Be sure to check out the Writer’s Marketplace for tips and advice from experienced freelance writers.
Copywriting is different from writing marketing content in that copywriters focus on converting website visitors into customers by having a call to action in their copy. You can earn up to $30 per hour when you choose freelance gigs such as writing for a blog, newsletter, or marketing materials on sites like Textbroker, Upwork, or Fiverr.
6) SEO (Search Engine Optimization)
SEO stands for search engine optimization and is the process of increasing organic traffic through the natural (unpaid) search results of search engines such as Google, Bing, or Yahoo.
You can earn money with SEO by recommending SEO services to businesses, writing content for websites that have been optimized for SEO, and freelancing to help companies optimize their websites.
Sites like Elance or Freelancer are great places to get paid to optimize or write content for businesses.
7) Freelance Design
You can get paid anywhere from $10-$30 per hour when you freelance online. You create designs and/or graphics, and then sell your creations to clients who want custom logos, websites, or apps created.
Sites such as PeoplePerHour, Guru, Fiverr, Freelancer, and UpWork are good places to start. You can also try posting a job as a design freelancer yourself on sites like Mechanical Turk if you have the budget for it.
8) Graphic Design/Pre-Made Graphics
You can earn online by selling graphics that others can use in their business or on their websites.
One of the best sites for this is GraphicRiver which allows you to sell graphics individually or as part of a larger design package. You can also try selling your designs on sites like Etsy.
9) Virtual Assistants/Customer Service Reps
One type of online business idea that can yield significant income is hiring yourself out as a virtual assistant. Companies often hire a VA (virtual assistant) to do things like email correspondence, create presentations, schedule appointments, and manage calendars. If you’re good at communicating and have experience as a job or customer service representative in the past, this could be right up your alley.
10) Create Your Own Product/Course/E-Product
One of the most popular ways to make money online is through your product or service. If you have a unique car to sell, you can create a website and start selling it yourself via PayPal or another payment processor like Stripe.
If you’re good at programming, you can create an informational product such as an ebook or video series and sell it online.
If you have excellent graphic design skills, you might be able to make money selling pre-made graphics or templates.
It is also helpful to take advice from top freelancers for a better platform. Blogging can be a long-term business idea, and it could be a source of passive income.
At the same time, freelancing can give you instant money if you have experience in writing and communication skills. You can also sell your knowledge through one of the most popular ways of making money online – ebooks.
You can create an ebook that will teach people how to do something specific or provide a useful guide on some topic or skill. Sites like Amazon Kindle Direct Publishing ( KDP ) allow you to publish and sell your ebook for a one-time fee.
You could go about making money online by following the above hints and tips. For a newbie, we suggest starting with these 10 best online business ideas.
Do not rely on only one income source, always take the help of these top 10 online business ideas to make money from home or while working.