One of the easiest and quickest ways to start your own business is to do so online. Instead of spending countless hours and thousands of dollars finding the ideal brick and mortar location, you can get your online business up and running within a short time and at a fraction of the cost.
You only require hosting and a domain, alongside some basic skills and your online business ideas can become a reality. Below are 10 great internet business opportunities to help you get started.
1. Become an Affiliate Marketer
Learning how to earn money online as an affiliate is not easy.
However, the beautiful thing about it is once you set it up correctly, you leave it alone to bring in the money.
It is the ultimate passive earner and many people from all around the world are making more than $1000000 a year doing it. Affiliate stores are web-stores where people buy items on websites, but through third parties.
There are many lucrative affiliate marketing programs on the Internet. Affiliate marketers can in some cases earn as much as 75% commission on the items they sell. You should also find a high quality internet marketing blog or two to follow to stay on top of the latest and greatest.
To ensure your financial success in affiliate marketing you need to build multiple websites and focus on the product niches that you are interested in. One of the easiest and greatest ways to improve your chances of success is by learning affiliate marketing through the suite of training products that are offered by Mark Ling.
2. Start an ecommerce store
These days you can get a fully functional and easy to use e-commerce store design at a cheap price.
You will also need web hosting and a domain. Of course, how much money you make for your success depends on the effectiveness of your marketing methods, which might include, PPC (pay-per-click), SEO (search engine optimization), print media, event sponsorship and networking.
3. Earn Cash From Blogging
Starting a blog is one of the great ways to earn money online while still doing something that you enjoy.
You do not require extensive technical skills to start your own blog. However it is important that you have expertise in the field you’re writing on. This will attract visitors to your website.
How much you could make depends on several factors, which include how often you blog, how competitive your topic is, the quality of your content, and how effective you’re at generating traffic and building an audience.
By building a large following, you will be able to earn profit by, selling banner advertisements, offering member areas or premium services, AdSense and affiliating to sites such as Amazon and eBay.
4. Sell on eBay
Selling on eBay successfully isn’t easy. Competition is fierce due to the low barriers to entry.
As a result the profit margins can be quite slim. If you want to succeed on eBay, you must find some form of competitive advantage through how you create listings, your supply chain, or a means of increasing your sales volume. You should also target a niche where the competition is low and profit margins are high.
5. Train and mentor
You may have a specific skill set that you are good. You can make begin earning money for your success by teaching this skill set online.
There are many skills that can be taught online, examples of such skills include, teaching a language, offering marketing training and teaching writing skills. You may have to offer a free service with limited features at first and then charge for upgrades later, in order for you to make money for your success.
6. Drop Shipping
This is similar to affiliate marketing. You will act as the mediator and you will not touch the product you are selling.
The difference between affiliate marketing and drop shipping is that the sale done through drop shipping websites is not completely managed.
You may have to create systems to make a purchase automatically with the drop shipping companies, in order for the product you are selling to be sent directly to the consumer.
Some of the important skills you should have to succeed in drop shipping include, web marketing, sales copy writing and list building.
Not only does Mark Ling make money online through affiliate marketing and teaching others his internet marketing strategies. He also has a wholesale company by the name of Salehoo, which includes drop shipping.
7. Paid blogging
With more than 1 billion sites on the internet, there’s a high demand for content.
If you have skills or experience relating to writing, providing a blog posting service is one of the great ways you can easily earn money online.
Lower paid projects may start at around £ 1 per 100 words, with the quality focused projects being in the £2.50 – £10 per 100 words range. Websites such as Elance and PeoplePerHour are great for picking up writing gigs, without actually having your own website.
8. Become A Virtual Assistant
This is a great online business if you want to maintain your flexibility.
You will be able to have multiple clients at once, this means that you can easily fill the gaps in your week or work overtime when required.
You will be assisting with tasks such as product listings, blogger outreach, responding to emails and research. Some of the important skills you should have to become a successful drop shipper include organization, customer service and social networking.
9. Offer web design
Nearly all companies nowadays must have a website so that they can be able to reach more customers and be able to offer their products and services effectively.
You can learn web design by joining a training course and then you can start making money for your success with practically no investment.
10. Deal in domains
Domains are the real estate of the internet and just like real estate they can be considered as an investment. You can purchase domains at their registration prices or even cheaper and then trade them at a profit.
Nevertheless, you should always research on websites such as ebay.com, afternic.com, sedo.co.uk or any other domain auction websites so that you can get an estimate of the hottest selling names. You can also find good domains on the terminated domain lists that contain a number of expired names that are back in the pool.
Internet Business Opportunities Are Everywhere
It doesn’t take much research to learn that there are internet business opportunities everywhere. The possibility are almost limitless and the internet is the entrepreneurs dream.