What are the most successful small online businesses?
If you ask your grandfather or even your father about how they found a job in “their time”, the chance that they will tell you that this happened after a long wait in line in front of someone’s office is almost 100%. Well, these times are already in the past, and thanks to the Internet we can find different jobs, allowing us to perform them without problems from home. Online Business is taken a huge part of the labor market.
The Internet continues to be a growing market for anyone looking to start an online business. The fact that this is a low-risk investment and that you will not have to spend money in a ‘’brick ‘‘and “mortar” store or in an office, makes it much easier to start an online business.
If you are one of those people who have always wanted to start an online business but have no idea what to start, here are 13 great online business ideas to get you thinking in the right direction. While some of these endeavors can bring in a nice passive income, some of these online money-making ideas can actually create a small fortune.
Start Your Blog
Share your service on Fiverr
Fiverr is a site where anyone can run their service. What you offer can range from creating a logo to making videos or writing a review of a product, service, or more.
Many people who use the site, manage to generate thousands of dollars a month.
Buy and Sell Domains
Many people buy and sell domain names to earn money online since it takes very little time or investment. You can purchase a domain at its registration price or even much cheaper and then resell it for a profit.
( 👉 TIP: 3 steps to use expired and deleted domains )
Take a look at some of the best sites To Buy or Sell Domains:
Become a virtual assistant
One of the most popular home business ideas now is becoming a virtual assistant. A virtual assistant supports business owners in a variety of ways. As a VA you offer professional, technical, social, or administrative assistance to customers remotely from the office or home. You get to choose which services you offer based on your unique skill set and what you enjoy doing.
Here are some great Virtual Assistant Services & Companies you can check on:
- Remote CoWorker
- Fancy Hands
Freelance writing service
Learning how to become a freelance writer could be the first step toward starting a successful online business.
Nowadays, many businesses need a writer to help them write a blog, presentation, business plan, proposal, white paper, or other content. First, you need to understand what you are good at. For example, are you good at writing a presentation, or are you comfortable with making a business plan?
For this type of business, you need to bet on your skills and strengths. But it continues to be among the popular online business ideas in 2023.
There are many sites that give you the opportunity to find potential employers as well as employees. There will always be someone who needs exactly what you offer as a service.
Here are some of the best places to find freelance writing jobs online:
Start a dropshipping business
To sell a product – you need an inverter, right? Well, things don’t work that way anymore – since there is dropshipping.
What is an online drop shipping business?
It’s very simple. You sell a product, the customer orders it, the supplier delivers it to the customer and you earn part of the profit.
The process saves you from searching for storage and eliminates your worries about delivery. All you have to do is run an online store, collect payments and offer excellent customer service.
With drop shipping, you manage your online store, upload product photos, manage sales, and communicate with customers. When someone orders a product – the delivery is taken over by a third seller.
All this means that you have zero control inverter, and you have no storage problems to solve. You only need to worry about your website, uploading photos, and having excellent communication with your customers. That’s it.
But it is very important to choose your product supplier carefully! You do not want to work with fraudsters, but with a partner, you can trust.
Sell products on Etsy
Knitting, sewing, making jewelry… There are many handmade goods on the market, and unfortunately – people often abandon this option because it is not as “luxurious” as other ideas for online business.
With platforms like Etsy, creative people have a place where they can sell their merchandise. And customers can shop for unique products they can’t find at a big-box store.
The most important question is “What things do you like to create?”
You can make soaps, sell them on Etsy, or even better in your own online store, make jewelry, candles… the possibilities are endless!
Focus on your passion, what you love to do and what you are good at. Invest in creativity.
Did you like the great soap on Etsy? Buy it, cut it into smaller pieces, repackage it and resell it. Look for unique opportunities and don’t be afraid to think outside the box.
Make Your Own eBook
Take all the knowledge you’ve gathered about running your business and turn it into an eBook or Online course. Once you’ve written your guide for success, you can sell copies and earn passive income while helping your clients.
Selling digital products is a great opportunity to benefit not only the direct creators of the digital product but also ordinary consumers who can benefit from receiving a percentage for sales of digital goods. You have the potential to make the most money based on sales when you sell your product directly.
Design and build websites
Do you have a passion for design? It’s time to sell your talent to business owners who are looking for someone to make their websites, logos, business cards, promo flyers, etc. Make your first projects for free, or for a small fee, to start and use them in your portfolio. This is among the popular ideas for online business.
With a little knowledge of web design, you can start an online business selling website themes. If you know how to code and have experience designing websites, it’s easy to come up with a few premade website themes you can sell to blog and business owners.
Make your own video channel on Youtube
Most of you are probably wondering at the moment how exactly with youtube they will be able to earn a stable income. Easy. By uploading your own original videos you have a great chance to be noticed by people and accordingly, your channel will become more visited. At this point, you can apply several monetization methods.
The most popular of which is the placement of banner ads. You can also put an affiliate link for products that are relevant to your videos and thus receive a commission for each order placed through your link. Another way is through direct advertising, after certain companies contact you or you with them, as long as you consider that you can be mutually beneficial.
SAAS – software as a service
Do you want to solve people’s problems with software, or become a software developer? If so, then SAAS may be the perfect option for an online business in your case.
People will be happy to pay, subscribe and use software that meets their needs.
Here’s how to start SaaS as an online home business:
First, create a program or software product that will help your customers. You can do it yourself, or hire a specialist. You can start selling the product and also – offer subscription plans.
Can you imagine what problems people are facing, and build a software solution to those problems? If so, people will be happy to pay for your product.
This is especially true if they can’t find a solution elsewhere.
The SaaS market is growing.
33% of companies use more SaaS applications, an average of 16 applications per company
The expected growth of the SaaS market by 2020 is $ 76 billion
80% of US end-users prefer SaaS and cloud-hosted applications for organizing and communicating, compared to 51% in 2016
Did you know that 4 of their major companies, such as Microsoft, CA Technologies, SAP, and IBM, have moved to develop SAAS products? As you can see, this is a very profitable online business.
Writing relevant materials for the needs of other businesses
If your writing is in your blood and you just love to write any type of material, then there are hundreds of sites that need you and your skills. There are many who have turned this activity into a full-fledged job and generated a solid income.
You can write articles for news sites, create special SEO-oriented articles or even write for bloggers who do not have the time to maintain their pages.
Sites like iwriter.com will be a big plus for you when implementing this type of aspiration – you just have to register there and start writing, that’s it! If your materials are good and interesting to read, then your income is tied in a towel.
Become a freelance photographer and sell your photos online
Another way to make money online is to take pictures and then sell them on various sites. Companies from all over the world need photos of almost everything you can think of – photos of road signs, doors, balls, grass, nature, and anything you could possibly think of. And most importantly – they are willing to pay to receive them.
These are the Top Places to Sell Photos Online and Make Money
A characteristic of many successful businesses (both online and offline) is that they have a vision for their business. How to create a vision for your online business find out here.