Hello….welcome to my todays blog on profitable internet business ideas.
Are you seriously looking for some online business ideas, so that you can start your own startup?
Then you landed on to the right place.
Today in this blog I am going to discuss about my best and profitable internet business ideas which can help you make your decision.
Starting words:
Before I discuss about these ideas I would like to first talk about the benefits of starting your own online business. This can help you be motivated and start your own business.
- The first benefit of starting your own online business is that you can earn side income along with your full time income, just by spending 2 to 3 hours everyday in front of your laptop.
- As time goes on if your online business gets succeeded then you can quit your job and be your own boss. This is what my main goal is through this website.
- You can hire your own staff for helping you on your stuff, as you alone cannot manage as your business grows. This feeling of giving job to someone will make you feel proud.
- No physical location required. Everything can be done through online. It can save you lots of money.
- Travel where ever you want and work from your favourite locations.
These are many benefits of starting your own online business. But i just mentioned only few. I thought that these points will try to motivate you for taking a step forward.
Now let me go into our main topic for the day – profitable online business ideas.
Here are some of those ideas for you. There might be many other. But I am just writing the most profitable ideas and also my favourite ones.
Profitable Online Business Ideas
- Affiliate Marketing
This is one of my favourite and the best online business idea you can make use of it. If implemented properly you can earn thousands and sometimes lakhs of dollars every month.
Yes you heard it right. Every month.
The topic itself will require a detailed blog explaining all the ways and methods to do affiliate marketing.
To keep it simple – affiliate marketing is a type of business where you will earn commission on the product referred by you either through your blog, email or social media. You will be paid commission only if the product or service is purchased.
Let me explain a small example, so that you understand it better.
Let’s say you wrote a blog on “how to do effective email marketing”. While writing this blog let’s say you have mentioned about any email marketing tool like Aweber (This is my favourite, so I took this as example) and gave your affiliate link to it.
Now see the fun. Assume that this particular blog is read by 500 people. Out of 500 again assume that 50 people have clicked on the link and 10 people have purchased the product.
Suppose if the price of Aweber is 19$ for the basic plan and again suppose that Aweber will give you 30% commission on this amount (This is just an assumption, actual Aweber commission rates might be more or less, I will not discuss it here), which is somewhere around $6
So as per our above calculations, 10 people have purchased it. So Aweber will pay you 10 x 6$ = 60$.
The beauty of this model is you get recurring commission for few of the products. It means every time the person renew his plan, the commission will get deposited in your bank account.
Just imagine. This is only through 1 blog. What if you promote multiple affiliate products in your website?
So I am sure you will believe that this is one of the best profitable online business idea.
- Creating your Own Courses
This is my second best profitable online business idea.
Let’s say you are very good at a particular skill. Let’s assume it can be about SEO.
Then just create a course and sell that through famous platforms like Udemy.
Even if you price the course as 30$, you will be able to earn good amount of money.
Even if 100 people out of 10,000 people who are looking for SEO buy your course through Udemy, then you will earn around 30$x100 = 3000$. (Remember, Udemy takes some part of it. You can even sell it through your own website, so that you enjoy the complete profits).
You can do this for various other topics of SEO and publish different courses.
- Buying and selling Stocks
If done well, this can earn you lots of dollars over a long term. Even many financial experts tell that this is the best investment you can do to become rich.
But this is not easy as we think. It requires lots of financial expertise and needs to have the caliber to analyse.
But if you can succeed in this, then you are the king.
I recommend this only for those who can take risks and invest their money.
- Freelancing
Freelancing jobs are becoming more and more popular these days. Sites like Fiverr and Upwork are becoming more popular.
If you are good at any skill, you can just register in some of the best freelancing websites, help other in doing their job and get paid.
There are lots of expert freelancer in their respective fields who charges hundreds of dollars per hour.
Just give it a try.
Conclusion:
As already discussed there are hundreds of online business ideas available. But the above discussed are my favourite ones.
Choose the one that fits for you and start earning your online income.
All the best.
Please mention your comments about this blog in the comments section below. It can help me get motivated. Thanks in advance.