In this article, I will share 7 profitable online business ideas for beginners, really simple ways to make money from ecommerce. If you are just starting out, you should know that running an online business is much like having a “real world” – business, there is work involved and you will need to invest money into your business.
You can do a lot without spending money, for instance advertising for free online, but you will need to invest in other things such as a domain name, a hosting account and an autoresponder.
7 Profitable Online Business Ideas For Beginners
When you are starting your online business career, you have many different online opportunities to choose from. In this article, I will share the best online business ideas for beginners.
#1. Affiliate Marketing
Affiliate marketing, promoting other people´s products and services, is perhaps the most lucrative online business model available. When you promote only digital products, you don´t need to worry about shipping or a warehouse. The customer receives the product directly after payment and the vendor takes care of customer support and possible refunds.
Your only job as an affiliate marketer is to promote a unique affiliate link that you receive from different digital marketplaces such as Clickbank.
Every time you earn a commission, Clickbank (or which digital marketplace you use) will pay you directly to your bank account. Promoting digital products is also much more profitable than promoting physical products. The commissions you can earn on marketing digital products can be as high as 75%, compared to physical products where you earn around a 4% commission.
If you are looking to make money from home, then you should really consider doing affiliate marketing. Thousands of people worldwide are earning a full-time living from it, and you can too. There is a lot of information available about how to get started and avoid costly mistakes.
#2. Online Surveys
Companies are very interested to know what consumers think about their products, so they can improve their products in order to make more money. If you live in the United States or Canada, you have the opportunity to do online surveys. You can earn extra income by sharing your opinion. Surveys are one of the most profitable online business ideas, because you can sign up for many different survey sites.
To make more money, sign up for many survey sites. In order to earn a couple of hundred dollars per month, you need to complete several surveys daily. It can be difficult to earn a full-time income from surveys, but you can at least earn some extra money to help with the rent.
#3. Buy And Sell Domain Names
When thinking of profitable online business ideas, buying and selling domain names could be a great option. You would be buying domain names for cheap and then selling them for a profit. You can register a domain name for around $15 per year. The domain registrar can help you sell your domain name using a domain auction.
Not all domain names are worth a lot of money. There are differences and things you need to be aware of.
Tips for choosing a great domain name
- Check for expired domain names at ExpiredDomains.net
- Choose a .com domain name if possible. (Other options are .org or .net)
- Include “best or “buy” in the domain name. (Do keyword research!)
Visit YouTube for ideas about domain flipping. You can find useful “how-to” videos with great tips about how to earn the most money from domain names.
#4. Start Making YouTube Videos
If you are interested in making videos, why not start your own YouTube channel? One of the most profitable online business ideas is definitely video creation. There is potential to make a lot of money, YouTube is the worlds largest search engine for videos. People who earn a full-time income from their videos are often focusing on one specific topic.
The topic needs to be profitable. For instance, you could start a YouTube channel that focuses only on reviews about different products and services. First, do some research to find ideas about topics lots of people are interested in. Then, you need to find affiliate products that match. Finally, you create in-depth review or “how-to” videos about that topic.
Over time, if you keep creating new videos regularly, you will start getting followers and your videos start showing up in search results. You will start getting traffic and making money from your videos in many different ways.
Let´s say you are interested in camping. First, you should visit a discussion board or forum that is about camping. Join, read and participate in the forum regularly to learn about what kind of problems people have. You could create YouTube videos that solve these problems and recommend affiliate products that earn you money.
Did You Know!
Blogging is definitely one of the most profitable online business ideas. You can start a blog about anything you want, for instance a hobby and then recommend affiliate products closely related to your hobby. If you are interested in a topic, then there is most likely thousands of other who want to read your content and buy products you recommend.
Professional affiliate marketers love to blog. They realize the potential of building a content rich blog complete with images and videos. Blogging is a business and has to be treated as one. Affiliate marketers never use free blogging platforms. They invest in their own .com domain name, hosting account and an autoresponder.
There is a lot of technical stuff when it comes to setting up a money-making blog. It can be overwhelming if you are just starting out. Fortunately, you don´t need to learn everything from scratch. You can get a complete, professional money-making blog setup for free, without having to learn any technical stuff.
Free Money-Making Blog Setup:
#6. Create Videos For Customers
Online business owners are often busy and have very little time (or knowledge) to create professional videos. They need videos for their blogs and to share on social media sites. Videos are also needed for their own YouTube and Vimeo channels.
If you know how to create professional videos, then you could start selling your services on Fiverr.com (read the review about Fiverr here)
Fiverr.com is a big market place for digital services. Besides creating videos, you can also offer other services such as article writing, programming, translations, website design and so on.
#7. Online Teaching
Do you know a lot about a specific topic? If you have a computer with Internet connection and a webcam, then you can start teaching online. The easiest way to get started is to visit a site called Udemy.com, which is the world´s largest education site. There are certain criteria that you need to meet in order to sign up as a teacher.
Conclusion About Profitable Online Business Ideas For Beginners
More and more people are coming online to look for ways to make money. Starting an online business is a great opportunity for many, but it is always good to know that there is work involved and that it does take some kind of investment in time, money or both.
If I had to start my online business today, I would start blogging full-time. By doing it daily, you will build up a content rich site that generates highly targeted traffic from all over the Internet. This traffic turns into new leads and sales for you for years to come.