Starting an online business can help you earn extra income while working from home. Here are a few wonderful ideas for beginners to get them started with online businesses.
Online businesses can be classified into several categories:
- The content business: The audience is at the heart of any content creator’s business. If you have an engaged audience, you can capture value from your content in many ways.
- Online businesses that provide services: In this model, you will be interacting with clients one-on-one, completing projects, and making use of word-of-mouth as a means of growth.
- Online commerce: Using a virtual storefront to sell products online.
- Technology in the form of SaaS (Software as a Service) and other services: Creating products and tools that people pay to use. It usually requires some experience in technology development.
Ideas For Content Businesses
There are many ways to market your small business. By watching trends, reviewing your analytics, and conducting audience research, you can come up with even more ideas.
Here are some proven ways that can surely bring you money.
Create a blog
Startup costs: Less than $100
Perhaps you are passionate about cooking, fashion, or personal finance. It might be that you just have a lot of great ideas you know will help others. By starting a blog, you can share your passion with the world and make money from it at the same time
Here are some ways blogs can make money:
To get started, you’ll need:
- Choosing a domain name and hosting company (for example HostGator)
- You can devote yourself to a topic you’re passionate about
- Exceptional writing skills
Although it may seem daunting, the learning curve isn’t as steep as you might think. Check out these five millennial bloggers who all started their blogs within the past 12 months and are all making over $1,000 per month. They advise doing some pre-planning, being authentic, and not be intimidated by failure.
It’s not rocket science, and you can be earning a significant income online in less than a year with a little persistence.
Get your own YouTube channel going
Startup costs: $0
It isn’t necessary to be the next Logan Paul in order to succeed as a YouTuber. Regardless of how obscure the subject may be, you can find a YouTube channel on it nowadays. Starting your own YouTube channel could be the perfect solution if you like the idea of creating content but hate to write.
YouTubers make money in the following ways:
To get started, you’ll need:
- The camera on your smartphone
Knowledge courses can be sold online
It is possible to learn pretty much anything online using Google and YouTube. There is no doubt that the firehose of information we have at our fingertips is both amazing and overwhelming at the same time. This is where course creators come in.
When someone wants to learn something, it’s usually better (and easier) to buy a single course from a trusted instructor rather than piece together fragmented information from dozens of sources. By doing this, you can save a lot of time and get more out of your learning process.
You can create a course once and sell it hundreds or even thousands of times as a course creator. In this program, there is no income limit.
There is no limit to what you can teach. Here are some examples of popular courses:
Your course will not sell if you do not have an audience. Methods most commonly used:
- Social media can be used to grow an audience through free content
- Traffic from search engines can be used to grow an audience
- Running ads on social media sites such as Facebook, Instagram, and Google.
Engage in influencer marketing
Influencers sometimes get a bad rap, but there are thousands of people earning a full-time income through their platforms. Social media followings make a viable business model, but they’re harder to establish than they seem. As with most online businesses, the more specialized and narrow your area of focus, the better.
There is almost certainly an influencer in that space who is crushing that topic, no matter how strange or obscure it may seem.
Flipping digital properties
Many people have heard about flipping houses, where they buy houses that have potential but need some work. Then they sell the house for a profit after doing repairs or upgrades. You can think of blog flipping as the digital equivalent of real estate flipping.
Someone with blogging experience is best suited for this online business. Starting from scratch and getting some experience under your belt is the best way to operate a successful blog if you have never done so before. When you want to buy a blog with the intention of flipping it shortly thereafter for a profit, you will be able to spot investment opportunities later on.
Here are some popular marketplaces for buying and selling estates:
- A lot of listings on Flippa are usually smaller (up to $50,000).
- Sites with a more established reputation are usually handled by Empire Flippers
Develop a newsletter for online distribution
There has been a surge in the popularity of paid newsletters over the past couple of years as readers place more value on trusted information sources. Best, who founded Substack – a platform for hosting paid newsletters – noticed a trend in online media: publishers with advertising revenue models are being forced to use extreme measures to get attention (and clicks).
The result is clickbait stories and lame lists, as well as content that is often underwhelming or deliberately polarizing. The Substack business model offers an alternative to the traditional business model for writers. Ultimately, they hope to foster an environment in which writers can flourish by being paid directly by readers.
Substack has over 500,000 paying subscribers, and the top ten authors make over $20 million per year combined on the platform. There’s clearly something going on here. There is a demand for media models that are not based on advertising. You should take a look at this opportunity if you love to write.
Businesses That Offer Services Online
You can start your dream of becoming an internet entrepreneur with this list of online business ideas for beginners. It is important to find those that are most compatible with your talents and interests.
Listed below are some proven ways to make money.
Writing as a freelancer
Content creation is a challenge for busy online business owners. Smart businesses hire freelance writers to create their blog posts instead of spending hours writing them themselves. Finding gigs like these can be a great way to get income right away if you learn how to become a freelance writer.
The process of starting a freelance writing business online involves choosing a niche (or two), becoming an expert in that niche, and showcasing your work online. It takes time and effort for freelancers to prove their worth before they land reliable and high-paying clients. It is possible to jumpstart your freelance writing career by setting up your own blog without any clients.
You are ready for your first writing client once you have completed your online business website with a well-rounded portfolio. You may have to work for free or for little money for months before you are able to land new writing clients, but once you have trustworthy testimonials on your resume, it becomes easier to find new clients.
Here are some resources to help you get started:
Advertising agency for local businesses on Facebook
If you live in a small community, think about the local businesses such as coffee shops, gyms, bookstores, law firms, etc. It’s likely that most of them would love more clients or customers, but don’t know what to do to achieve it.
There is a place for you to step in. In order to assist them in increasing their business, you can help them run Facebook ad campaigns.
There are many local businesses who know they need to advertise on Facebook but don’t know how and don’t have the time to do so. The expertise you can provide small business owners would be invaluable if you know how to effectively run Facebook ads.
The process doesn’t require a fancy website or professional marketing experience. With Facebook ads, you can operate your business in just two or three hours per week. In order to participate, all you need is a Facebook account, an email address, and a PayPal account.
Bobby Hoyt started offering Facebook ads management services to local businesses in his area and eventually turned it into a substantial revenue stream. Mike Yanda and he have created a FB Side Hustle Course that teaches others how to do the same.
If a business does not have a great design around its brand, no matter how good its products or services are, it will never reach its full potential. Most business owners are aware of this, but the design is not one of their strongest skills. Having a good eye for design and being able to turn someone else’s vision into reality is one of the most lucrative skills you can have.
Here are some resources to help you get started:
Being a virtual assistant is one of the most popular home business ideas today. There are a variety of ways in which a virtual assistant can assist business owners. The services you offer as a virtual assistant are based on your unique skill set and what you enjoy.
It is possible to become a proofreader if you have a good eye for grammar and a good sense of style. It might be a good idea to offer social media management services for your favorite platforms if you are familiar with social media. As well as email management, blog writing, customer service, and much more, you can also provide support to business owners. It is possible to choose from dozens of options. Kayla Sloan’s 10K VA course can help you fast-track your business if you want to become a virtual assistant.
Providing online business coaching
You probably shouldn’t coach people on how to build successful online businesses if you haven’t built one yourself.
However, many online business owners have pivoted from “doing” to “teaching” at some point in their journey. You might pivot into working one-on-one with new store owners who are just getting started if you know how to run Shopify stores.
There is no limit to what you can accomplish if you know your stuff and are interested in teaching others.
Here are some examples of practitioners who have become coaches:
Coach for online health
It’s no longer just gyms where personal trainers and health coaches work. Instagram and other social media platforms have spawned a booming industry of online health coaches.
Clients will still work with these people one-on-one, but will likely never meet them in person (and there is a serious demand for this). It’s a great business idea if you’re qualified and enjoy writing workouts for people and helping them make better food choices.
Here are some examples of online health and fitness coaches:
Consultant in search engine optimization
Businesses need to be found online, regardless of whether they are 100% online or brick-and-mortar.
Imagine that someone owns a landscaping business in Virginia Beach. When searching on Google for “lawn care in Virginia Beach” or “landscaping contractor near me”, the companies that appear at the top of the search results are most likely to land clients. A search engine optimization (SEO) professional gets websites ranked near the top of search engine results for their targeted keywords – it doesn’t just happen by chance.
SEO can be a hassle for business owners, and many would prefer to hire someone else to handle it for them. The work is tedious, but if you can land a few ongoing clients each month, you can establish a stable business fairly quickly. It does not matter what kind of consulting business you run, your long-term success depends on the results you achieve for your clients.
To get started, you’ll need to know the following:
Ideas for eCommerce Businesses
You might have a vague idea about setting up an eCommerce business, but not really have a concrete idea about what you should sell. In business, finding the right idea is often the hardest part, whether it is to work from home or monetize a skill you already possess.
You can make money with eCommerce in a number of ways listed below.
Dropshipping is similar to selling goods at a store, except you manage no inventory and have an online storefront instead. Using a platform like Amazon, BigCommerce, or Shopify, you can sell your product, which can range from mugs to T-shirts to coloring books.
Rather than shipping or mailing your item from your home to a customer, a wholesaler will do so for you.
Your store still needs to be marketed to drive customers even though you aren’t managing inventory. You might not think it’s easy, particularly if your store is in a competitive niche, but it is possible. To succeed with dropshipping, you will need to invest in paid advertising and find products that sell well.
You can make good money with this online business if you’re willing to learn about paid marketing and find physical and digital products to sell with great margins.
Success stories from dropshipping:
The following niches are popular for dropshipping:
- Beauty and health
- Products for the office
- Accessory for cars
- Accessories for phones
The stock photography industry
Selling online stock photos might be a good idea if you enjoy photography. Businesses use stock photos in advertisements and on their websites.
Two of the most popular stock image sites are Shutterstock and Adobe Stock. Anyone can submit photos to both sites, and you receive payment when your photos are downloaded.
Stock photos that people actually need are the ones you should post if you want to make money selling them. In general, companies are looking for images that depict nature scenes, food, people working, or doing everyday tasks like cooking and watching TV. Such pictures sell well and can make you a lot of money.
Services for subscription boxes
Recently, subscription-based businesses have become increasingly popular. Having sustainable, recurring revenue each month is extremely appealing from a business perspective. Forecasting and planning become much easier when repeat customers are on autopilot, but the real benefit is that the lifetime customer value is usually much higher than with other business models.
The following are examples of niche subscription boxes that have been successful:
Here are some resources to help you get started:
The sale of digital art as NFTs
Those of you who have never heard of non-fungible tokens (NFTs) are not alone. Here’s an explanation. An NFT is a unique digital asset that exists on a blockchain. Despite the fact that it sounds boring, digital art is gaining a lot of popularity at the moment.
It is said that beauty (and value) are in the eye of the beholder, just like any other form of art. The speculative investing going on right now in the crypto and NFT space could be an excellent opportunity for artists who want to experiment with the wild world of crypto.
Create a template for an email newsletter
Reaching your audience is essential for every online entrepreneur. In order to keep customers or readers engaged, many companies send regular email newsletters. It is possible to make good money designing and selling email templates to business owners.
A basic understanding of web design and some digital marketing skills are required. Once you’ve created a few pre-designed templates, you can sell them to businesses and bloggers. It is possible to provide templates for more than one newsletter provider, or you can specialize in a single newsletter provider and make your designs compatible with all of them.
Ideas for SaaS and Tech Businesses
There is typically a lot more technical knowledge required for business ideas in this area than for the other ideas in this article. The potential returns can be very worthwhile, even though the entry barrier is higher.
Below are some ways in which you can earn money.
Invest in a SaaS business that already exists
Using MicroAcquire, small online businesses can connect with buyers and sellers. The process of starting a business from scratch is challenging, which is why many people prefer to buy something that already has some legs.
Adding new features or growing marketing efforts is easy for a new owner if the product is mostly built (or already built). Many SaaS (software-as-a-service) companies sell their businesses to investors when they create a cool tool but lack the energy and knowledge to market it.
Sell website themes designed by you
Perhaps you are more of a tech expert than a business person. An online business selling website themes can be started with a little knowledge of web design. Knowing how to code and having experience designing websites makes it easy to develop premade website themes that you can sell to bloggers and businesses.
Additionally, you can build custom websites and earn more money. Those looking to establish an online presence need a professional-looking website and are willing to pay for it. A website is essential for almost everyone these days, so you’ll be able to keep your clients happy.
As a graphic designer, you can start an online business if your strengths lie in graphic design rather than coding. It is important for businesses to have someone who can create visually appealing graphics for their logos, Pinterest images, brochures, and other marketing tools. There are several sites like Fiverr and 99designs where you can sell your services and designs.
Here’s how to get started:
The Best Way to Start an Online Business
Once you have an idea of the type of business you want to start, it’s time to get started. In the beginning, it’s easy to feel overwhelmed and pulled in a million different directions. This guide contains resources curated for each step of launching your online business, along with a general roadmap to keep you on track.
Step 1: Your idea needs to be validated
What you put out on the market may seem amazing to you, but will it be accepted by the market? This is such an important question to answer before you begin putting in hundreds of hours. Don’t create something that people won’t want!
Step 2: Create a product or service that you can sell
It’s time to get started creating based on the feedback from Step 1. There is going to be a lot of variation in how this step looks depending on the idea you settled on.
Step 3: Your LLC should be set up and your business banking should be set up
Entrepreneurs often put off this step, but it is crucial to separate business finances from personal finances as early as possible. In addition to setting up all the administrative stuff, now is the time to set up a financial plan: how much money will you invest? How do you plan to achieve your sales goals?
Step 4: Set up your website and technology
No matter what type of online business you are starting, you will need an excellent website. It’s okay if you aren’t tech-savvy – there are lots of clean and modern design themes you can purchase relatively cheaply. It is important that your website reflects everything that your brand stands for.
Step 5: Marketing
You can market your startup in a million different ways in the early days, so we can’t cover them all. The good news is that you only have to find one way that works for you at first.
There Are Countless Ways to Make Money on The Internet
There are plenty of online business opportunities to explore, whether you want to sell your crafts on Etsy, design website themes, or write social media posts.
There is no one-size-fits-all online business. You should choose one that meets your background, interests, and expertise. A career in social media management or brand strategy might appeal to you if you’ve worked in marketing for the past ten years. You might want to start a virtual assistant business if you have experience as an administrative assistant.
Take what you’ve learned from your career and apply it to your new business.
Perhaps you are interested in pursuing a hobby part-time or full-time as a career. If you’re into food, travel, or fashion, you’ve come to the right place. Blogging or uploading videos about these interests is a great way to generate content for your channel or blog.