Online Business Ideas – While thinking of online business images of Google, Amazon or e-Bay will flash into mind that is making billions of dollars online. But the Internet as a great leveler offers opportunities for all enthusiasts who want to leverage its power. Online opportunities are open for all budding entrepreneurs even if they lack the budget to start a brick and mortar physical business with all the pomp of office, staff, and other infrastructure.
Professionals with expertise in any area stand a great opportunity for making a good income by starting an online business as there are plenty of ideas.
Business ideas with zero investment
Now, look at online business ideas without investment. This is critically important for people like stay at home mom or unemployed persons without many financial resources.
There are so many people who started online businesses with a bare idea and some skills without big money in hand and later became business owners worth several thousand dollars.
In many online ventures, small spending can kick start a business to arrange stuff like a computer, mobile phone, internet subscription, etc.
There are many internet based businesses that someone without capital can launch and build up profitability.
As mentioned, online business is a great platform in translating interests and skills into money spinners without moving away from the comfort of home.
At the same time, online based business/store is no lottery. It requires sustained hard work, passion, and dedication to win customers as competition is global, not local.
However, if people believed in online business and reaped success there is a chance anyone can do it if the same zeal is at work.
Online business ideas
Many people might be interested in starting an online business. But they face the crunch of ideas. They give people the freedom to make money from any part of the world. It is enticing but entrepreneurs often lack the know-how on how to execute a business idea.
The starting point is finding a business idea and exploring it well until one feels confident that it is a good fit with the potential business owner’s skills and strengths.
The secret of success in online business success is making a product or service indispensable to address a specific consumer need.
Popular online business ideas
In customer acquisition, for online business, geography is not a limitation. A robust online business offers promoters the freedom to make money remotely. Starting a profitable online business idea matching the skills and strengths of the promoter is more important.
If an entrepreneur is launching a part-time business, he must justify the product or service by filling up a specific consumer need.
This is a list of online business ideas where many people are making an income. Many online Business Ideas need no investment.
- Freelance Writing
- Online Course
- Ghost Writing
- Virtual Assistant
- Online Book Publishing
- SEO Consulting
- Affiliate Marketing
- Facebook Ads Consulting
- Amazon Associates
Business Ideas needing no heavy investment
Many people are been making a living from writing blogs. Blogs gain in popularity if they can deliver free, actionable, entertaining, informative, and educational content on various topics.
Bloggers can monetize content by including offers on different products/services to their audience via affiliate marketing, incorporating private advertisers and pay-per-click advertisements.
Writing is an important skill that can expand into a huge market and make a writer an online entrepreneur because the majority of the things require writing.
A talented writer can offer articles, blogs, e-books, and editorials to webmasters.
Many bloggers and internet marketers are super busy and have no time to write their blogs. Busiest marketers need good writers who can ghostwrite for them.
Marketers need able hands to manage time-consuming tasks and they find the solution in virtual assistants for tasks.
- Social media marketing/promotion
- Link building
- Calendar management
- Email management
- Blog posting
- Audio/video editing
This is the business of buying an existing website, redesigning/rebranding/remarketing it, and flipping or selling for a profit.
Lots of people are making big bucks from this. Despite the potential to make huge money, this is not a very easy business.
For selling a website, sites like Empire Flippers can help. Upfuel promoter Chris Guthrie published an article showing how he generated $50,000 in 20 months from a single website flip.
Online Book Publishing
Be it a fiction novel, a romance novel, a child’s picture story, or a marketing guide, many options are there to self-publish a book.
Release an eBook and sell it on a website site or publish it on the Kindle store. Or use in-demand printing service such as CreateSpace.
Self-publishing is almost like auto pilot. People sell books on ShoutMeLoud store and Amazon.
Amazon Kindle Publishing
Publishing an entire book profitably and selling it without investing a single penny for book design or publishing via Amazon Kindle Publishing has made many authors rich.
Potential authors can write a book and publish it on Amazon or Create Space and watch how the sales and profits grow.
To speed up sales advertising via social media or listing the book on book directories can help.
Editing and proofreading business
Editing and proofreading is easy online as a professional business with $0 investment.
The nature of the business makes it easier to work from home and clients can come from ay part of the world.
People are hungry to learn new things. One way to start making money online is to create online courses and sell them on planks like Skillshare, Thinkific Udemy, and Teachable.
Pick a topic where a person is strong and has solid knowledge and can teach extensively. Break it into a packaged course, and start selling in any platforms.
Cost Per Action (CPA) Marketing
Cost per Action marketing is akin to Affiliate marketing. The difference is– CPA marketing does not mandate selling products. Just convince people to take action such as signing up a newsletter, taking a quiz or playing a game.
Online consultancy services
SEO consultant: Those strong on search engines and possess technical skills in Google Ads and Google Analytics can be a thriving SEO consultant.
Many small business owners don’t know the impact search engine optimization (SEO) makes on their business.
What makes an SEO consultant indispensable is Google’s algorithms keep changing. The SEO person will be in demand to update and make the business relevant and successful in that field.
The SEO consultant with a website can solicit clients offering online consulting business by educating business owners on the power of SEO and how it can transform websites and increase their conversion rates.
Use marketing skills to show the business owner’s benefits of using analytics data, strategic keywords, and content structure to gain organic web traffic.
The SEO skills and digital marketing skills can be sharpened with Moz’s Beginner’s Guide to SEO.
Small business consultant
Having a great deal of business experience and knowledge can guide aspiring entrepreneurs to find success. A business consultant’s skills can gear up new business owners to a good start and guide experienced entrepreneurs keep up with demand.
The success rate will increase if the focus is set on a niche segment in business consulting.
To boost credibility and expand networking, have a presence in the digital business community and contribute to small business communities like business.com or publish business articles on LinkedIn.
Social media consultant
Larger enterprises hire an agency or full-time staff member to run their social media accounts. But small businesses often have difficulty to handle manage social media marketing.
By handling so many responsibilities business owners get busy. They will be overwhelmed or undereducated about the importance of a social media presence to implement a great social media strategy.
A social media consultant can help small businesses determine best tactics, posting schedules and content for the target audience. As follower count grows, a consultant’s business will also grow.
Facebook and Twitter top business networks, but businesses struggle with visual platforms like Instagram, Pinterest, Tumblr, and Snapchat. The latter has a huge consumer audience and businesses do not realize the value and how to make it work for their brand.
E-commerce retailing store
Among the online home based business ideas, there is a big place for e-commerce as consumer audience is ready for every product. It may be dollhouse furniture or organic dog food but move ahead with the conviction that there is a consumer audience.
The niche e-commerce store must reach customers who seek our specific products. Building a business in a niche market will differentiate oneself from other brands and build credibility. Look to social media or study the demand for a product to sell it online.
To get e-commerce business up, have a web hosting service ready and integrated shopping cart feature or software for e-commerce. That makes the business ready to get started.
Joining hands with third-party vendors will help in shipping products to customers on time and reduce the inventory load. These online business ideas we covered are sufficient to make a potential entrepreneur pick and choose his best idea.
See More Related Articles