30+ Online Business Ideas – Money Making Ideas That Work
Are you looking for online business ideas? With an online business, you can reach more potential customers, work from virtually anywhere, and make money. Whether you are a full-time parent or a student with flexible working hours, you can enjoy remote working perks. With unlimited access to the internet and a little know-how of website maintenance, you can launch an online business and get it running in days. In this article, we bring you the best online business ideas that bring good money.
30 Best online business ideas
#1 Start an eCommerce store
eCommerce lets consumers buy goods and services from their mobile devices through digital transactions. Once your store is up and running, you need to focus on advertising and marketing. Driving traffic to your site is the best way to out to make money. There are many hosting platforms for eCom providers, and so you can focus on creating the brand with a niche target.
#2 Write and publish an eBook
Getting a paperback published is quite cumbersome and also has a lot of parameters to be followed. On the other hand, the digital book market makes it easy for any author to publish their book and make money. You can self-publish an eBook and sell them on websites like Amazon for free.
#3 Start affiliate marketing
You can become an affiliate marketer and work with the brand to increase its sales. You do this by generating traffic to a merchant’s website through an affiliate link. For every such lead, you will receive a commission on the sales generated through the link. You can even reach more people by using paid advertising.
#4 Work as a freelancer
Working as a freelancer is a very flexible job. As a freelancer, you can work on a contractual basis or per hour or project basis. You can capitalize on any special skill that you have and then turn it into commercial service. Finding customers is also easy, and you can advertise your skills on various websites like UpWork and state your prices.
#5 Start a blog
If you love to write and have a keen interest in a particular field, then writing a blog is for you. You can share entertaining and valuable information to attract readers. You need to create high-quality content and narrow down your target audience to grow your reader-base. You can set up your blog pages on sites like WordPress, Tumblr, etc. for free.
#6 Create and sell stock photos
Creating stock photography includes producing images that you can send to stock agencies, individuals, and businesses who purchase the rights to use that content for their website or videos. If you have a knack for photography, this is a great area for making money. An easy way to connect with businesses is to keep an eye on social media trends and respond to market demand.
#7 Buy and Sell websites
Just like properties, you can also buy and sell websites. You can buy undervalued websites, improve them marginally, and then sell it off for profit. Not only are you making money on the sale, but you are also making a profit. You can buy such websites directly from buyers or website brokers and marketplace.
#8 Buy and sell domain names
A domain name is a website’s address. You would be surprised to find companies that are willing to pay considerable amounts of money for the domain they want. You can easily buy domain names at a low price, then wait for them to increase in value and then sell them for a higher price. You can buy the domain names from various registrars and then advertise heavily when you want to sell it.
#9 Give and host webinars
If you are an expert in a field, consider starting a webinar business. You can easily deliver educational or instructive content that allows your consumers to interact with you from anywhere across the globe. You can even monetize this by using your webinars to advertise affiliate products relevant to your field.
#10 Try stock market trading
You can purchase shares at lower prices, hold them for short periods of time, and then capitalize on the market changes to sell them for a profit. Trading stocks online saves you more money than doing it through a brokerage firm. However, you must know about market trends and do your research before you start trading.
#11 Work online as a telemarketer
Becoming a telemarketer is fairly easy. All you have to do is direct marketing by contacting potential customers by phone. You are essentially building up a prospective client base for companies, generating leads, and advertising. So settle on an industry for which you can handle relevant questions. This is one of the easiest ways to make money online.
#12 Produce a podcast
Podcasts are a huge industry in themselves. They are highly variable, offer entertainment, information, and a combination of both. You can host your audio-based files on platforms like Spotify, Apple Podcasts, BuzzSprout, etc.
#13 Become a copywriter
Copywriters are always in demand, and brands are willing to pay a huge amount for effective advertising campaigns. A copywriter essentially needs to create sales brochures, web content, sales scripts, etc. Starting a copywriting business does not require a lot of resources but give the benefit of flexible working hours. The more your credibility, the higher the rate of your work.
#14 Create and sell online courses
If you are a specialist in a particular area, you can easily produce an online course to train or educate your audience on a particular topic. The most beneficial aspect of this is once you have created your content, you can simply sit back while your course generates income for you. You can host your courses on popular sites like Udemy, Skillshare, etc. and grow your audience base.
#15 Start a lead generation business
In a lead generation business, you have to simply source potential clients for other firms. Many companies will pay for good leads to prospective customers with a genuine interest in their products or services. A great benefit of starting a lead generation business is that almost everything is automated. You can easily find clients via email campaigns or online advertising.
#16 Build a chrome extension
If you are tech-savvy, you can easily create a Chrome extension. Chrome extensions serve as add-ons that allow users to tailor their browsers and perform specific functions. Chrome is a reputable interface, and so you can easily get high exposure.
#17 Facebook advertising campaigns
Facebook ads are a powerful way to reach millions of people. But for businesses, increases website traffic through Facebook ads gets tricky. This is why many companies outsource experts in Facebook advertising. Once you have learned the process of calculating the Lifetime Value of your customer and set budget-appropriate campaigns, you can replicate that for your clients. This is a great way to run a business from home.
#18 Start online counseling business
If you are already an accredited counselor, then you can easily turn it into an online business. You can conduct E-counselling services over Skype, web meeting programs, email, and instant messenger facilities. Online counseling is evergreen and is also a great source of making money.
#19 Become a social media influencer
With the popularity of social media platforms like YouTube and the growth of Instagram has given rise to social media influencers. Companies are willing to partner with social media influencers and run their campaigns to increase the following on their social media accounts. You can easily set your prices on advertisement deals with brands and tag brands to your posts to attract them.
#20 Start a YouTube channel
Many popular YouTubers make massive amounts of money in ad revenue from viral videos. All you need is a camera and an idea. You can create an account and publish videos for free. The best way to make money on YouTube is through ad revenue or paid partnerships with brands. Find something that you love and can make you stand out from the various videos on YouTube.
#21 Become an online business consultant
Becoming an online business consultant will require you to provide clients with expert advice in areas like management, accountancy, law, HR, marketing, etc. You can strategize, plan, and solve their problems to help grow. The more the experience you have to offer, the higher you can price yourself. This is a great place to begin.
#22 Start an advertising management
Companies are in need of experts to market their product or service and attract clients. The bigger the ad campaign, the more the customers they can attract. Many companies outsource the management of their ad campaigns. This will be a huge opportunity where you can step on. You simply need to stay up to date with the latest trends in advertising.
#23 Become a freelance illustrator
If you are creative, then you can easily monetize your skill and make money online. You can sell your drawings and earn great profits. You can also automate your sales by hosting it on an online store. Your clients can find you easily and place orders as they desire.
#24 Create a membership site
A membership site essentially offers extra information or content that will only be available to subscribers. You can offer premium membership to those who are interested in getting better and broader content of the site. This is an effortless way to boost your income. All you need is high-quality content that people would be interested in.
#25 Offer online virtual tech support
Many companies require technical support, and you can make the most of this. You can offer virtual tech support and troubleshooting over the phone, email, or even online chat. This is an easy way to make money online.
#26 Start a ghost-writing business
Many individuals and celebrities hire ghostwriters to write articles, speeches, and books. You can charge your clients based on projects and the length of the text. There are many tools online that will help you improve productivity and workflow as a ghostwriter. This is an excellent place to start if you want to later publish content individually.
#27 Create ads for small businesses
Small businesses need advertising. But since they are small businesses, they might not have the resource or in-house expertise. The best profile here would be starting an ad creation business for a low-cost start-up. Having your own pricing options will make it an easy business model with a massive scope of growth.
#28 Get paid to test digital products
Usability testing is important for companies that sell digital products. To earn money by user testing, all you need is a computer system and a microphone. You can easily find products to test on various platforms like UserTesting, etc. You should join as many testing sites as possible to maximize your earnings.
#29 Become an online translator
If you are bilingual, your skill of translation is highly marketable. You will get commissioned for translating texts, marketing materials, translation of a book for an author who wishes to publish in another country, etc. You can even become a translation specialist and charge for your services.
#30 Sell private label products on Amazon
If you want to get into buying and selling, an existing option is to sell private label products on Amazon. Amazon offers an FBA or Fulfilment by Amazon program wherein you can create a buyer account and then sell your products through their platform. The profitable items are their trending products that come with seller regulations.
Conclusion
The internet provides lots of opportunities for those who wish to start an online business. While making money online might not be the primary goal for some, it could still definitely supply a steady stream of income each month. So put in some mind into these online business ideas and see which works for you.
There’s plenty on this online business ideas list to get you started. Which one of these are you interested in? Drop a comment below.