Running an online business is one of the best ways to gain financial independence and security. You do not have to report back to your boss or superior. No one is tracking how much time you put into work. But while starting an online business is a dream for most people, the first step to doing so is choosing the right and profitable business idea. We have come up with about 15 online business ideas you as an entrepreneur can choose from. These ideas include but are definitely not limited to these:
1. Social Media Marketing
If you are one of those social media people with a large online fan base, then social media marketing could just be the right option for you. You can request to manage the social media accounts of top brands for a fee. You can also decide to promote their products and services to large online followers. The most amazing thing about this online business idea is that it can be done right from the comfort of your home.
2. Freelance Design
If you went to an art school or even if you simply have an eye for aesthetics, then you could decide to venture into freelance designs. There are a number of platforms where you can register and get clients from. One of the most amazing things about this idea is that these platforms are so easy to make use of.
3. Freelance Writing
Like the freelance design, you would have to create content for website owners and organizations seeking to promote their services or products. To venture into this, you simply need to have either a smartphone or a laptop with internet connection. And an application to type out the words in a sentence. With freelance writing, you could even become an expert in some particular industry if you write a lot of articles on the topic.
4. Drop shipping
According to reports from ProfitIndustry.com, a number of top-notch or best e-commerce platforms for dropshipping have been developed to make the job easier for you. You do not need to keep stock of products or keep an inventory. To start, you will need a smartphone or laptop with an internet connection.
5. Write An Ebook
If you have a story or experience to share, you can write an ebook and sell it to your readers. Currently, there are tons of platforms that offer you the opportunity to write and also sell ebooks on. You could give the first chapter for free in exchange for emails of potential buyers, then email them next chapters until you get to some sort of cliffhanger when you ask for payment to read further.
6. Translation
If you happen to be fluent in more than one language, you could easily begin making money by translating texts or video transcripts in one language to another. The pay differs from platform to platform, but this is one job where there will always be demand. Because people speak different languages, yet desperately need to understand one another.
7. Editing And Proofreading
This is just like writing the difference being that you only get to edit or proofread texts that have already been written. There’s a little less creativity in terms of what you can and can’t do, but if you have high discipline and attention to detail, this might me the gig for you.
8. Start A Blog
This is one of the most talked about business ideas. While you may not make money immediately, you stand to make big sums from consistently uploading content. To earn cash faster from blogging, you need to choose a profitable niche. Then secure sponsorship from companies who’d like to get their product or service in front of your audience. Or simply display ads. Possibilities are endless, since you can also sell your own products or services.
9. Freelance Researching
To start this, you do not need to be a talented writer, you just have to be hardworking and able to conduct research. You can also answer questions and carry out company surveys for a fee.
10. Search Engine Evaluator
This one might come off as a surprise to you, but algorithms don’t determine everything that you see on your favourite search engine results page. People still have a big role in everything, and I’m not talking only about coding. There’s a little army of search engine evaluators who help determine if the page is worthy of being included in particular search query results page. If you can follow strict instructions and work with large amounts of sites on a daily basis, this job might be for you.
11. Photography
If you have a knack for aesthetics and you happen to be good with the camera, you can try out photography. You don’t have to shoot tons of weddings to earn from photography either. You could sell your photos online or offer your editing filters or LUTs for sale.
12. Online Consultancy Services
If you have knowledge of a particular field you could decide to offer consultancy services to those in need of it. You could become a productivity tutor. Helping busy people prioritize their life and tasks and make the best use of their day.
13. Selling T-shirts
You can always try to sell t-shirts with Printify, a platform that offers you the opportunity to print on demand and sell t-shirts to your customers right from the comfort of your home. All you need to get started is Shopify subscription, and you’re going to need to do lots of research to learn what kind of t-shirts have most potential to be sold, as well as learn about designing t-shirts, but in the end it will be worth it.
14. Tutoring
You could also decide to offer classes to college and high school students. If you are a fan of tutoring, why not check out teaching English as a second language? If you’re reading this, you already know English and there are tons of non-native English speakers who could benefit from your expertise.
15. Affiliate Marketing
Being one of the easiest ways to make money online, affiliate marketing offers you a commission when you promote the products and services of brands. The hard part comes when you try to scale this business, both because it’s hard to bring in more traffic from search engines and because these search engines in general don’t really like to display sites that exist solely to promote affiliate products.
