There’s never been a better time to start an online business, and with so many business opportunities to choose from, you’re sure to find one that’s the perfect fit. The hardest part for people just getting started is knowing what the best online business ideas are, and understanding which ones are the most lucrative.
Check out my list of the 10 fantastic online business ideas
Buy and Sell Domain Names
Another way to get into profiting through online “real estate” is by buying and selling domain names. You might think all the good names are taken, however there are still opportunities to snatch up top-level domains at reasonable prices. Some domain investors flip their domains, others hang on to them for the long term, as domains usually increase in value over time.
Domains can be bought and sold at a variety of places, including registrar sites, online auction sites, webmaster forums and more. There are lots of tools available online that can help you locate valuable domains that are available or soon to expire.
Start a YouTube Channel
YouTube is a great way to make money with your ideas. With a YouTube channel, you can earn advertising revenue based on how many views the ads in your videos receive. The more views your videos get, the more money you can make.
If your channel receives enough subscribers and views, you can become a YouTube Partner. This program gives YouTubers the ability to earn even more. There are YouTube channels out there earning thousands of dollars each month — the sky’s the limit!
Sell Ebooks on Amazon
If you’ve always wanted to write a book, now is the perfect time. Writing books is one of the 10 fantastic online business ideas in this list. Information marketing is a hot business, and thanks to Amazon, you can write a book and sell it without the need for an agent or publisher. There’s no limit to what you can write about — there are top-selling Amazon ebooks on every conceivable topic earning money for their authors.
If you choose a topic that you’re passionate about, it will translate into better writing, better reader reviews and thus, more sales.
Become a Social Media Consultant
Social media has swept the world — and you can profit from it! As a social media consultant, you’d be helping other businesses reach an audience through sites like Facebook, Twitter and Pinterest — to name just three.
Social media consultants teach businesses how to gain a larger audience by creating and sharing viral content that engages the reader. If you understand the finer workings of social media and have a knack for engaging with people online, this might be the business for you!
Open an Ecommerce Store
Anything that can be sold in stores can be sold online. With an ecommerce store, you have some distinct advantages that brick-and-mortar stores don’t have. For example, ecommerce stores have low overhead because there no expenses associated with maintaining a physical location.
Also, ecommerce stores allow business owners to sell their merchandise to customers all over the world. Whether you stock your own inventory or use a drop shipping company, owning an ecommerce app or store can be a great online business.
Become an SEO Consultant
Another type of consulting business you can start online is that of SEO consulting. As an SEO consultant, you’d be helping other businesses optimize their web pages to achieve top listings in search engine results pages.
SEO consultants optimize websites using keywords, tags, backlinks and other strategies. Because search engine optimization is so important to a website’s success but can be complex in scope, companies are willing to pay well for the services of a specialist in this field.
Start a Web Design Business
Web designers are in demand, because companies need them to create attractive, functional pages that attract visitors and keep them coming back. If you know how to design and build web pages, starting your own web design business can be very profitable.
All you need is a portfolio demonstrating your design skills; from there, the next step is to search for clients. Many web designers use freelance job sites to find work, others approach potential clients directly. Regardless of your marketing approach, strong web design skills can make you money.
Create a Blog
There are a variety of ways to make money as a blogger. Contextual advertising programs like Google Adsense can be an awesome source of income for blog owners. In addition, bloggers can promote affiliate products through their posts.
Guest blogging for other blogs and creating sponsored posts are two more ways to bring income from blogging. The best strategy is to blog about something you’re passionate about — your genuine interest will shine through in your writing and connect with readers.
Start a Niche Site Directory
A niche site directory is one that features websites in a specific category. For example, your niche site directory might be targeted towards homewares sites, pet supply stores or Australian software companies. The more specialized the niche, the better.
Website owners will pay to have their site featured on popular directories because it brings them more visitors. In addition, niche site directories can earn through pay-per-click (PPC) advertising programs like those available from Google and Yahoo.
Start a Freelance Writing Business
Writing for hire is a hot business these days because when it comes to online marketing, content is king. Website owners need skilled writers to create high-quality content. There are many different opportunities for writers on the Web today. Articles, blog posts, product descriptions, reviews and web page content are just some of the writing jobs freelancers can find online.
Some writers work with content creation companies (sometimes called content mills) to find work, while others market their services directly to potential clients. Although freelance writers often have deadlines, they’re usually able to make their own schedule and work as little or as much as they choose. If you enjoy writing and know how to create online content that’s compelling and meets your customer’s specifications, this could be the online business for you.
So there you have it. My top 10 fantastic online business ideas to help you get started online quickly.