25 Online Business Ideas for Beginners
Thanks to the internet, you can now start and manage your business wherever you are in the world.
But what business to start? This is a question oft-asked by those who want to earn money online. As a general rule of thumb, when starting a business, it’s always best to play to your skills.
Here are some online business ideas for beginners you can browse for inspiration.
1. E-Commerce Store
One of the easiest businesses to start online is an e-commerce store. Just figure out what products you’d want to sell and what platform you’d use. If you want to test the waters first, you can start an e-commerce store on social media platforms. They’re free and reaches a wide variety of audience. But of course, you can always create an e-commerce site to sell your products in.
If you’d like to start an e-commerce store but don’t want to keep inventories, then dropshipping is for you. You only have to worry about keeping your e-commerce site. Let your dropshipping partner worry about the, well, shipping of the products to the buyer. You can create your own online store but you can also make use of dropshipping platforms such as Shopify and WooCommerce.
Got a blog? With enough site visits per month, you can make decent money out of it. You can also partner with brands and businesses for sponsored posts. There are a lot of topics you can make a blog about. But some of the most profitable blog niches are food, travel, personal finance, lifestyle, parenting, and marketing.
From the words “video” and “blog”, vlogging is slowly becoming one of the most profitable businesses on the internet. You just need a little bit of video editing knowledge and a ton of self-confidence and charisma. There are a lot of online platforms where you can host vlogs but the most popular ones are Youtube and Facebook.
Even if you’re no Jane Austen, you can now publish and sell your book. If you’re not confident with your writing skills, you can always hire ghostwriters and proofreaders. But you’ll need to exert a lot of effort to promote your book if you’re hoping to make decent money out of it.
6. Online Course Mentor
All of us got some skills that might be useful or of interest to others. You can make money out of it too by creating an online course. Like if you’re good with MS Excel, you can make a digital course for those who want to learn about it. According to Forbes, some people make up to $100,000 per year from offering courses online.
7. Language Teacher
Aside from your skills, you can also teach languages online. English as a Second Language (ESL) teachers are particularly in-demand in Asia and some European countries. But you can teach just about any language. Most online teaching companies require a bachelor’s degree and a teaching certificate.
8. Virtual Assistant
Good organizational skills and the ability to follow instructions are the primary requirements for most virtual assistant posts. You might also need to adjust to your client’s timezone. So if you want to offer virtual assistance services, there’s a big possibility that you’ll be working graveyard shifts.
9. Affiliate Marketing
According to Investopedia, affiliate marketers earn as much as $50,000 a year in 2016. But unlike regular money-making ventures, affiliate marketing offers a passive income. Its basically like a referral service. You’re promoting the products or services of another company on your site and you get a commission in return.
10. Web Design Services
With the world moving towards digital commerce, web designers are becoming very much in-demand. This is why they also earn a lucrative income. If you want to venture into web design but have no knowledge or experience yet, there are a lot of online sources you can learn from. Coding skills aren’t a requirement but it would be an advantage.
11. Graphics Design Services
From logos to infographics, many businesses outsource their graphic design needs online. If you’re an amateur graphics artist, you might not be able to charge a huge amount for your work. But as your portfolio improves, the higher you can earn per project.
12. Domain Trading
Just like stocks, you can earn from buying and selling domains too. The trick is to look for a domain that contains high SEO value. You can use tools like Namebio to check which domains are bestsellers. Or do your own research to determine how much your domain is worth or which domain names you should buy.
It’s common for businesses to outsource some of their business needs from time to time. It not only saves them money but it also allows them to focus on their main business activity. You can take advantage of this by starting your own outsourcing business. Basically, you act as a middleman between the business and the service provider. Having an extensive network of suppliers is key to success in this type of business.
14. Currency Trading
Bitcoins and Forex trading are making headlines recently because of its lucrative earning potential. But before you jump into currency trading, we strongly advise doing extensive research first. Familiarize yourself with how the market works and how you can maximize your profits. This way, you’ll know when to cut your losses in case the market tanks.
15. App Development
Do you have a great idea for an app? You could be making millions off it. Coding skills are not necessarily required in app development. There are a lot of platforms where you can build an app drag-and-drop style. You can either sell the app or make money from ads.
16. Telemarketing Services
If you have great oral communication skills, you can make a living as a telemarketer. All you need is a headset, stable internet connection, and a strong go-getter spirit. You can find telemarketing jobs on most freelancing platforms.
17. Video Production
Video producers can be employed in a wide range of industries. You can also put up your own video production company.
18. Social Media Management
Many brands and businesses are now hiring social media managers to grow their online following. If you’re talented at creating funny and witty captions coupled with great graphics, you can give this a try. Just be sure to familiarize yourself with the various social media management tools.
19. Translation Services
Do you speak a second language? You can offer translation services online. There are long-term contracts but most of the time, the pay is per word or per document.
20. Freelance Writing
Got a way with words? Unleash your inner Jane Austen and earn from freelance writing. You can write ebooks, web articles, academic papers, novels, and ad copies. Like translators, freelance writers are usually paid per word.
21. Data Encoding
According to Payscale, data encoders earn an average of $13.26 per hour in the US. It may not look much but you can do this as a side job to augment your income.
22. Stock Photography
You can earn from your photography habit too. Stock photographs are in high demand nowadays. You can create your own website showcasing your photos or upload them on stock photo websites.
23. Digital Marketing
Digital marketing is said to be the next big thing in the world of advertisement. It’s an umbrella term for services that include SEO, online ads management, social media management and the like. If you’re interested in this field but are not familiar with how it works, there are a lot of digital marketing courses you can take online.
24. Research Services
Companies require research services for a variety of reasons. The most common is market research to determine the marketability of their product. You can put up your own research company or offer freelance research services.
25. T-Shirt Design
As a t-shirt designer, you have a lot of options on where to sell your design. You can print it yourself and sell it online. Or you can use platforms like Merch by Amazon that will print your design and ship it to the buyer.
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