If you are looking for a way to earn extra income, want to switch your career or want to start a small business, an online business can be a perfect way to earn big money.
I don't want to convince you why you should start an online business because you know its potential & you are already reading in newspapers & TV channels about the people or companies who became millionaires & even billionaires from the online business.
All you want to know is a perfect idea to start an online business!
And here, I am going to show you 16 of the best online business opportunities where people are making few hundred dollars to thousands of dollars a month depending on the time they spent & the way they work.
Top 16 Online Business Ideas
I have made money from all these online businesses & based on my experience, I am writing about these online business ideas.
Also refer:- 50 Home Based Business Ideas with Low Investment
So read about these ideas below, focus on one that you like most-
I am blogging full time from the last 5 years & I can confidently say there is no other online business idea than blogging.
Until & unless, your aim is to make millions of dollars a year, blogging is the best business idea for every one.
There are thousands of people in India & all over the world who are making $5000+ to $10,000+ from blogging.
Blogging is nothing but creating a website & writing about your experiences, passion, ideas & many more topics. People visit your website & you make money.
“Oh no! I don’t know anything about creating a website or writing”.
I thought the same as you are thinking now, when I first heard about blogging.
But thanks to my willingness. I was very excited to do something different. I accepted the challenge.
But it was much simple than my thought. I started earning from the first month itself & you can see my earning here.
Now there may be many questions in your mind related to blogging. Don’t worry, you can know each & everything about blogging from the links below-
- Top 10 Practical Ways to Make Money from Blogging
- Google AdSense Earnings from Blogging
- Can Blogging be Taken as a Career
We have written a complete guide for beginners who want to know about blogging & want to make money from this. You can signup here & receive our guide.
2. Become an online seller
If you are looking for a simple online business then there is nothing better than becoming an online seller.
There is no problem if you don’t have any product. In fact, thousands of sellers who are making money as a seller does not have their own product.
They just buy it from the local market at a very cheap rate & sell it at a higher price on these sites. You can join any or all the shopping sites & start selling.
3. Become a freelancer
Freelancing is another best online business anyone can start. There are number of best freelancing sites where you can signup & provide number of services to the people or companies.
You can charge a fixed amount or on hourly basis for a particular project. There are many online services you can provide as a freelancer.
You can check sites like Elance, Upwork, Freelancer.com & many other sites provided here to do some research on different types of work people provide & charges they take for providing the work.
Many people make $500+ as a freelancer. And there are freelancers who make even more than $5000+ a month from this online business.
4. Create a YouTube channel
YouTube partner program is another online business opportunity provided by Google to create quality videos, publish it on YouTube & make money.
You can create a YouTube channel based on a particular topic & then publish similar videos on regular basis in your channel.
You can then join YouTube partner program where you can earn money for each & every video views.
5. Training & Consultancy
If you are an expert in some field then you can provide online consultancy & training to the people who are looking for your services.
This is one of the best business idea because you can provide training & consultancy to the people all over the world.
Some of the examples like Online Classes, Vaastu, Nutrition, Body Building, Accounting, Job Placement, Finance Advice, Gadget Repairing, Coding, Stock Trading, Certificate Courses, Health & Fitness, Cooking or anything you are expert in.
You can create a website or a Facebook page & use these simple methods to promote your online business.
6. Domain & Website Flipping
Domain flipping & Website flipping are 2 separate online business ideas. You can buy domain & website for cheap & sell it for much higher price.
If you are interested in domain trading then you need to research domain that people may be interested in future. You need to buy such quality domains & then list these domain on GoDaddy auctions or other marketplace to sell if for 50 times or higher price.
If you are interested in website flipping then you can buy the established websites for under $100, work on it for 3-4 months & sell it for double, triple or even more price.
7. Online Network marketing
Whether you like or not but network marketing or MLM (multilevel marketing) is one of best business idea you can start.
Its better if you choose an established company with a good product. You need to research & make sure that the company you join don’t have any problem in future.
8. Manage Social Media Profiles
Do you know there are thousands of high profile people, small or medium business who need individual like you who can manage their social profiles.
You can manage their Twitter or Facebook account & update on regular basis. You will be responsible for increasing the followers & engagement.
You can earn $200 to $1000 for managing one single account. You need to learn digital marketing before you can start this business.
9. Affiliate Marketing
Affiliate marketing is another most popular online business you can start. Here, you need to signup as an affiliate in a company & promote its product.
There is a great income potential in affiliate marketing but its not that simple to work as an affiliate.
There are hundreds of best affiliate marketing companies like Amazon, Flipkart, Clickbank, Commission Junction & many others you can join & promote.
You need to learn each & everything about affiliate marketing before you actually make money from this.
Below is great resource for you-
10. Outsourcing Business
Do you know there is no better online business than outsourcing because you don’t have to do anything in this business.
But you need to establish yourself as authority or brand if you want to make huge money from this business.
There are millions of companies worldwide who can pay any amount but need quality work as per their standard.
And there are millions of freelancers who can provide the high quality work at a fraction of price these companies pay.
You can take the orders from such companies & outsource all the work to these freelancers & make a great profit.
Some of the platforms you can use for this outsourcing business is Elance, UpWork, Fiverr, Freelancer.com & many others as shown here.
11. Sell Photos Online
Are you an excellent photographer? Then there is a chance of making great income by selling your photos online.
There are dozens of photo sharing sites where you can upload your photograph & make money from each & every download.
12. Virtual Assistant
Virtual assistant is one of the best online business idea & is very popular among women. This work is like a personal assistant but in this case you don’t need to physically present to assistant your client.
You can help people with your skills & manage their business partially as per their instructions. There are number of sites like People Per Hour, Elance, Fiverr etc. where you can find unlimited opportunities for you.
There is no better time than this for a start-up. You can find dozens of start-ups daily in countries like India, USA & others.
If you have any great idea & want to start your own company then its very easy now a days to get funding from number of Venture Capital firms.
14. Make Money Sites
There are more than 50 sites which provide online make money opportunities. Different company has different concept, e.g. some companies pay you for reading the ads, some pay you for data entry, some for online survey, some for promoting their products & many others.
You can check list of all make money sites here. We have provided complete training on how to start this work.
15. Forex Trading
There is no hot business than Forex trading if you have great understanding of the market. People make thousands of dollars in Forex trading.
But there is risk of losing your money if you don’t have proper idea on this. And that is the reason, it’s not advisable for everyone.
If you want to start this business then you need to learn this completely & you should always try with small amounts before you become confident.
There are dozens of websites such as Forex Crunch which provide the great tips & daily insights of the market and you should regularly check these sites to get the knowledge.
16. Create a Membership Site
Creating a membership site is very lucrative home based business model where you can get comfort to work in your own premises of your home and set up your own office from there.
You can decide products, services or contents to sell on your membership site.
You can announce free as well as paid membership where free membership will have limited access to features and products while paid members will get full access to your website.
Your only investment will be to purchase domain name and hosting.
The selection of the niche will be important factor since this decides your customer base joining your site. Check one of the best article describing “how to build a membership site in 48 hrs”.
I am sure, there is at least one online business idea that you liked the most & you can start today. If you want to become successful in any of the business idea above, then get ready to work hard.