These 22 online business ideas are easy to launch. Get started with your e-commerce company today.
- You can start many online businesses with very little capital.
- Software development and corporate counsel are two of the most lucrative online businesses.
- You can start an online business in an industry or subject that interests you.
- This article was written for entrepreneurs looking for inspiration to launch an online business.
datachannel.org –22 Online Business Ideas You Can Start Tomorrow. Entrepreneurs have the ability to earn money anywhere they want by owning and managing an online business. Although the idea of starting an online business is appealing and much more feasible than ever before, many entrepreneurs aren’t sure where to begin. Finding a business idea that suits your strengths and skills is the first step to starting a successful online business. To find an online partner to accept payments, compare the top credit cards processing providers.
You can start a business to make a living as an entrepreneur, or to just create passive income. Your product or service must meet a specific customer need. You can get started as soon as you want with these profitable, need-based businesses that have minimal startup costs.
1. SEO consultant
A career as an SEO consultant is possible if you are knowledgeable about search engines and have technical skills on platforms such as Google Analytics and Google Ads. Many small business owners are unaware of the impact that search engine optimization (SEO), can have on their businesses. You can start your own online consulting company by teaching business owners about SEO.
Your marketing skills could be used to demonstrate to business owners how analytics data, strategic keywords, and content structure can help them gain more organic traffic. Moz’s Beginner’s Guide to SEO is a great resource for anyone who is new to SEO or wants to improve their digital marketing skills.
Google’s algorithms change constantly, so it is important to keep up your SEO education to remain relevant and effective in this field.
2. Consultant for small businesses
You have business knowledge and experience that can help aspiring entrepreneurs succeed. You could be a business consultant and help entrepreneurs get started or help them keep up with the demand. Focusing your strategy on a specific aspect of business consulting will increase your chances of success.
It is a great idea to be a part of the digital business community to increase your credibility, show your expertise, and get clients.
3. Social media consultant
While larger companies can employ an agency or full-time staff member for their social media accounts management, small businesses are often responsible for their own social marketing. Because there are so many responsibilities for business owners, they often don’t have the time or resources to develop and implement a great social-media strategy. You can assist small businesses with their social media strategy. Your business will grow as their followers increase.
While Twitter and Facebook are still the most popular business networks, businesses tend to have a harder time with visual platforms such as Instagram, Pinterest and Tumblr. These platforms all have large consumer audiences. However, many businesses don’t know how to use them effectively for their business. A great way to make money is to focus your consulting business on one platform like Instagram if you are a social media marketer and have a passion for photography.
4. Niche market e-commerce retailer
Every product has an audience, even if they aren’t as general as organic dog food or dollhouse furniture. You can reach specific customers by creating a niche-based e-commerce website. Creating a business within a niche market will help you stand out from the rest and increase your expertise and credibility. To find a product to market on your online store, you can either look to social media or ask your customers.
All you need to get your ecommerce website up and running is a hosting service that includes an integrated shopping cart or ecommerce software. You can also work with vendors to ship the products directly to your customers. This will reduce the inventory that you have to store onsite.
5. Web designer or web developer
Freelance web design is a great career option for those who are creative and passionate about creating the visual theme, font set, color palette, and layout of websites. Learn the basics of web designing without any prior experience.
Business owners looking to improve their online presence can use your creative and technical skills. Create a portfolio and your website to showcase it and draw in clients.
Although blogging may seem outdated, as almost everyone has one, it should not discourage you from starting your online business. Blogging could be a lucrative business if you enjoy writing and have valuable information to share.
Using website builders such as WordPress and Weebly, it is easy to start a blog. But consistency and quality are the keys to your success. You must continue to produce quality content that is valuable and consistent in order to build a loyal following. Your readers will be motivated to follow you if your content is informative, entertaining, or educational.
After you have mastered the art of creating consistent content, your blog can be used to sell products such as e-books, coaching or webinars. Sponsored posts and ad space can be sold. Although this business strategy takes more effort and time to monetize it can still be very lucrative in the end.
7. Virtual assistant
Are you a skilled organizer and a master at task management? You might be ready to use your skills as a virtual assistant. VA services usually include basic administrative tasks such as entering data, making travel arrangements, and answering phones. Although it is desirable to have previous experience in this area, it is not essential.
It’s easy for VA professionals and VAs to find work through platforms like Zirtual and TaskRabbit. You can create an online profile, sign up for tasks that you are interested in, such as data research or basic errands. Then you can start building your clientele.
8. Affiliate marketer
If you enjoy leaving reviews on websites like Amazon, affiliate marketing may be a good source of income. Many businesses still use word-of-mouth advertising to generate leads. Many are open to sharing a portion of their profits to persuasive individuals who will help promote their products to the public.
Affiliate programs can be broken down into three levels of involvement: involved, related, and unattached. Affiliate marketing that is not attached to the product you promote is a simple pay-per-click campaign. You must have authority and content about the product you’re marketing, even if you don’t use it. Affiliate marketing that involves you is the best because you are marketing a product you use and love.
Affiliate programs can be lucrative if you have a website or social media presence that has a large following. PR representatives are always looking for brand advocates or influencers to send samples to.
9. Remote tech support
Small businesses often don’t have the budget to pay a full-time IT staff member. Instead, they call a friend or relative who is computer-savvy when their system goes down. You can help them by providing immediate remote technical support if you’re tech-savvy and have worked on networks and computers.
While some companies may prefer that you have a technical degree than others, many businesses will be more interested in your knowledge and experience. Start building your remote tech support company by asking family members, friends, and local business owners for their tech support needs. There are also job boards such as Upwork that allow you to search for freelance tech support jobs.
10. Handmade crafts seller
As more merchants shift to e-commerce sales, online marketplaces for handmade goods like Etsy or ArtFire make it easy for artisans who are able to produce high quality handmade products such as unique painted glassware or crochet blankets. Selling your unique crafts on an ecommerce site can be a great way to make income while doing what you love.
If you buy your creative materials in bulk, startup costs for this business idea will be very low. You’ll make a lot of money if you are able to quickly create and sell your artwork online. Social media is a great way to promote your business and help local artisans.
11. App developer
There are many software developers who will work with you if your app idea is not well-known. App development can be a profitable business depending on your knowledge and situation.
12. Search engine
Although Google and Bing are widely used, they may not be able to address all users’ requirements. You might be an expert in your field and can create your own search engine to help people with less expertise find the information they need. If your search engine allows users to enter parameters (subtopics or source type) than you just do a general search, your chances of success are higher.
You might be concerned about stocking inventory if you are looking to start an e-commerce website. Dropshipping allows you to take orders from customers online and then send them to third-party retailers for fulfillment. Dropshipping is a business that sells items at a higher price than the third-party retailer.
14. Tutoring business
It doesn’t necessarily mean that someone is proficient in a subject. You might consider opening an online tutoring service if you are able to explain things in a one-on-1 setting and have extensive knowledge and experience in the subject. Skype and other video chat tools allow you to tutor remotely. You can also share your knowledge with anyone, any time, anywhere. You might consider incorporating an advertising budget on Craigslist or Fiverr into the business model.
15. Digital courses
Similar to tutoring, you can share your knowledge with people around the globe. You can make money by starting an online business offering digital courses to anyone interested in the subject. For a small fee, you can also sell written materials and other downloadable content.
16. YouTube channel
YouTube makes it easy to start an online education company. Upload videos showing you educating viewers on any topic, beginner or advanced. Then use social media to spread the word about your channel. You’ll see an increase in viewers and be able to make money from your videos.
People who are looking for one-on-1 help may want more than just lessons. Your coaching via video chat software such as Zoom or Skype could be beneficial for people who are looking to improve their careers, their nutrition, or find more meaning in life. As a telecoach you are not expected to give grades or exercises. Instead, you will offer guidance, advice and support to your clients. You will appear more trustworthy and competent if you have a blog or post regularly to LinkedIn about the topics you are coaching.
18. Podcast network
You can make a podcast network and capitalize on the boom in podcast listenership and availability over the past few years. Your network can be filled with all podcasts that you have recorded, but it will grow faster if other people, whether they are friends or strangers on the internet, contribute to your podcasts. You can raise the cost per podcast download as your network grows. [See related article: How to Start a Podcast ]
19. Technical writer
There are many copywriters available on the internet, but very few have the technical knowledge to write instructions manuals for large machines or communicate scientific results. Start an online business if you are a scientist and have the ability to write about science. You can advertise yourself on LinkedIn, Fiverr, and other platforms to attract customers.
20. Cover letter and resume writer
Nearly everyone has used the services of others to help them with their resumes and cover letters. Anyone who is interested in hiring you can benefit from your experience with creating compelling cover letters and resumes. To increase your chances of starting an online business, provide examples of resumes and cover letter samples that you have helped others.
21. Corporate counsel consultant
Corporate lawyers are needed to represent them in legal matters. They also need to educate them about what they can and cannot do. You can provide corporate workers with a means to manage their legal affairs without having to pay high fees or make lengthy in-person visits. To build your clientele, you will need to prove that you have passed the bar exam. Also, make sure that you clearly state that your company is online. Your client will need to find a local lawyer to represent them before they go to court.
22. Startup advisor
Many of the most successful tech companies in the world started as small businesses. They were still trying to figure out the best business model. You can help tomorrow’s startups today by being a startup advisor. You can use your expertise in software development, corporate finance and other related fields to help new businesses succeed. Your business will follow the success of these startups.
Which type of online business is the most profitable?
Corporate counsel consulting is the most lucrative of all the online business types, closely followed by app development. Experts in online business expect that educational businesses such as tutoring, YouTube channels, and even Skype coaching will reap greater profits in the future, with ecommerce sites closely following.
Are you looking for more ways to start a business venture? These ideas are from our partners at CO– by U.S. Chamber of Commerce. Or, explore these great ideas.
How can you create a profitable online business?
It can be exciting to start an online business. However, it is not always easy. To start an online business, you will need to follow several legal steps, such as choosing a business name, obtaining a federal employer ID number(FEIN), determining the legal structure, and insuring it.
While every business is different, there are steps you can take to increase your chances of starting a profitable online business.
- Your passion and knowledge will help you choose a niche or business idea.
- You can find a niche for your business based on the gaps in the market.
- To assess your product viability and competition, conduct market research.
- Get familiar with the laws applicable to online businesses.
- Before you choose a software to create your online store, it is important to shop around.
- A comprehensive marketing strategy should be developed (e.g. website, email marketing and SEO, social media marketing, local advertising, etc.).