With the rise of the internet in the last decade, there must be some online business ideas that you might have wanted to try out. But with the immense competition that gets fierce every day, you need to plan your every move and take note of what is profitable. You should have a well thought out plan for marketing and work on your idea with the utmost dedication to bringing the best out of it. By doing this, you can get paid for the niche you carve out for yourself.
The idea of a 9to5 “Job for life” is a thing of the past in 21st century. That is why 35+ million US citizen operate a home-based business and many of them doing an online business model. Such as Shopify dropshipping, affiliate marketing, blogging, Amazon FBA etc
Take a look at the list of Top 13 Online Business ideas that can help you make money in upcoming years. The best part is that it is delightful and fun to run these online businesses. Here are 13 easy ways you can make $1,000 fast legally anywhere in the world.
Blogging
One of the best ways of earning a passive income is to start a blog. It is inexpensive and straightforward. I like to use one of the most popular CMS platforms known as WordPress and iPage Hosting to do all the hard work for me. It is perfect for beginners who have just started learning. Most of the websites in today’s world use WordPress as a platform to run. Once you attract decent traffic to your blog, you can start monetizing it in many ways.
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Top Ways Of Monetization
- Google AdSense
- Affiliate Marketing Products on Amazon or ClickBank
- Sell Guest Posts
- Sell Banner advertising
Real Life Examples
• The Huffington Post
The Huffington Post is a website that started out low but is now earning a whopping $2.3 million dollars per month. The number of page views is growing by 1 Billion+ in the US alone. Once their traffic reached great heights, The Huffington Post made a partnership with AOLs PPC network. Anyone can advertise with them — For example, Bing Ads and Google Adwords.
Dropshipping
Since the rise of Shopify as well as eBay, dropshipping business has become more and more popular. Since the nature of this business is arbitrage, the seller can gain massive profits. You can either purchase a product from Aliexpress or become an Amazon affiliate to sell products. Every time someone buys your product, you can earn a decent sum. You can also list items from Amazon for sale on platforms such as eBay at a higher markup. The best thing about this method is that Amazon does the delivery for you and prevents users from fretting over customer services. All you have got to do is perform the creation of listings of the products that are popular and which most people are purchasing.
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Top Ways Of Monetization
- Affiliate Commissions
- Markup
Real Life Examples
When you search for a commonly used item on eBay, you might come across links drop shippers use to divert the audience to a different link. Perform in-depth research on eBay to find out the ideal seller and products for you to sell out and make a decent profit.
Domaining
Buying and selling of domain names can help you earn huge profits. The registration for domain names costs only less than $10, but you can make sales for thousands or even millions of dollars! Once you are positive about a domain name is valuable, and you think people are going to pay a lot for it, list it on Sedo.com marketplace for sale.
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Top Ways Of Monetization
- You can earn money by selling the domain names.
Real Life Examples
When FB.com was sold in 2011, it earned $8.5 million. In 2001, Hotels.com sold for $11 million. In 2011, the seller of the domain GamesForGirls.com earned $500,000 for the domain even if it was a bit longer. As you can see, the opportunity surrounds you!
Affiliate Marketing
This mode of earning seems extremely appealing as there is no burden of customer support, the creation of the product, business to business relationships, or anything like this. All you need to do is drive sales and collect a commission for yourself. CB, Amazon, and Commission Junction, are some of the top sites you can use to register yourself as an affiliate and sell products. Personally, I prefer digital products as they offer a comparatively high-profit margin that can go as high as 50% to 90%.
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Top Ways Of Monetization
- Revenue earned from the sales of products
Real Life Examples
As far as digitally distributed products are concerned, ClickBank.com is one of the world’s leading retailers. It pays about $2 billions as commission to its affiliates which makes it one of the best places to be!
Apps
As smartphones have boomed in recent decades, so have mobile applications. Both iPhone and Android apps have become an integral part of a significantly profitable industry. If you have a brilliant idea for a mobile app, you can approach platforms such as Freelancer.com to get it done by a affordable developer for a few hundred bucks.
Top Ways To Monetize
- Selling in App advertising
- Google AdSense for mobile
- Revenue from App sales
Real Life Examples
Popular games such as Angry Birds made 200 million dollars in the year 2012 alone. iFart is another popular app that earns about $10,000 per day via revenue from banner ads. Doesn’t it sound amazing for such an easy idea? So, what’s going to be your app?
YouTube Videos
In the past few years, one of the biggest online platforms that have gained massive popularity and rapid growth is YouTube. Its view count for videos watched per day is around 5 billion. Considering the amount of traffic it gets provides you with a wonderful opportunity to make loads of money. If you have something in mind, pour it out on YouTube.
A few decades ago, thinking about creating a TV show via mobile and that being viewed by thousands of people was considered impossible. But this is a fortunate reality now!
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Top Ways to Monetize
- Google AdSense for YouTube
- Sell your own products in the description box
- Sell affiliate products in the description box
Real Life Examples
YouTube stars and their fame is not hidden from us. In fact, they are all over the place. Do PewDiePie and iJustine sound familiar to you? Or maybe Michelle Phan and her makeup tutorials are one of your many preferences on YouTube. If you are a fan of the idea of eating raw foods, perhaps you are a fan of Dan The Life Regenerator. Regardless of the niche, there are people out there making videos about their preferences and getting paid in six and seven figures for it.
Create Fanpages
Are you someone who spends a significant amount of time on Facebook or Instagram like the rest of the world? If yes, an excellent way to utilize all that time is to earn some extra bucks. I have created fan pages of different niches that go viral and build a huge fan base. I do nothing apart from posting a few pictures to the fan pages.
This is one of the easiest ways of earning money. The idea here is to select a niche that is super targeted and popular. Post updates, photos and videos a few times every day. The fans follows and share the content on Facebook and Instagram and drive immense traffic. You can then monetize your page with a variety of different monetization methods.
Top Ways To Monetize
- Affiliate Marketing
- Tee Shirt Sales
Real Life Examples
I have built many Facebook fan pages in different niches that continue to grow without many efforts. Search any popular niche on Facebook, and within seconds you are going to come across a fan page authority. Take a look at how the page works.
Virtual Assistant
If you ever find yourself in need of some immediate money, you can go ahead and do some secretarial tasks via email or skype. Thousands of entrepreneurs out there are eager to hire assistants for essential functions including scheduling meetings, replying to customer queries, service emails or managing other tasks about their online business. Another perk this offers is that you can gain real insights as to how online business works from the inside out. When you see one working in action, you get a better idea to help you out when you build an online business for yourself.
Top Ways To Monetize
- Hourly pay
- Paid per task completion
Real Life Examples
There are many easy tasks online businesses need to get done. Most people are working from home and earning $10- $25 per hour by performing these tasks. Data entry and customer service emails are some of the tasks entrepreneurs wish to get done via somebody else. They might not sound appealing to a person with an entrepreneurial mindset, but this will get the basics covered without needing you to be present for a desk job all day long.
Ghost Writing
If you are a good writer, freelance writing gigs and work in your favor and you can get paid really well. Ghost Writing refers to creating content by the individual requirements of a gig. Clients can approach you for writing blog posts, ebooks, or even real books! A decent starting price is $10 for 1000 words and scale it up as you build a better writing portfolio for yourself.
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Top Ways To Monetize
- Paid commission for each gig that you complete
- Scaling up the pay as your skills and experience grow
Real Life Examples
You can check out Freelancer marketplace for active writing Gigs. With a simple Google search, you can find active gigs all around. Within a minute, you can have your Ghostwriting gig booked and have some decent cash in your PayPal account!
Graphic Design
A person possessing good graphics skills has no reason to be short on cash. Do you have a hand at Photoshop? If yes, you should know that it is a skill in high demand and paid a lot for. If you have this skill, you should start marketing it as soon as possible to earn a decent income. You can always take up some work from private clients. If you are crafty, you can also design templated graphics pack and sell the access to them on marketplaces like GraphicRiver.
Top Ways To Monetize
- Payment via client
- Sales of your own graphic template
Real Life Examples
I have purchased such packs so many times just because I think it might prove to be useful in the future. If you are someone selling these packages, you should know that these are some of the impulse-buy options that can generate decent revenue. Check out some top selling stuff on GraphicRiver and see how it all works out.
Network Marketing
All home-based businesses and MLM companies are not scams, despite the popular opinion. There are many companies out there that are eager to send out big commission checks. Besides, Network Marketing is the first step that led me into the internet marketing industry, and this is the reason I always show some love to it.
If a beginner wishes to make sales right away, network marketing is the way to go about it without worrying about creating products, customer service, and similar factors. It is similar to being a vendor and an affiliate at the same time without fretting over the issues of each.
Top Ways To Monetize
- Commissions from sales for products
- Commissions from recruitment of new affiliates
- Commissions from recruitment of affiliates by you
Real Life Examples
Think of any niche, from fitness and personal development to nutrition and everything in between; there is a network marketing company associated with it. The industry is indeed a wild one with millions of high-demand products. If you come across the right opportunity, you can gain decent profits.
Site Flipping
Flippa is a platform to buy and sell websites. Think of it as a vast marketplace like eBay but for websites, apps and domain names. There are many websites on Flippa that are already making money. You can purchase them for developing further or sell them for an even bigger profit. There are websites that marketers are eager to sell off on Flippa for a lump sum amount. Thus, the chances of you striking a great deal are high.
Learn How I Made $10,000 On Christmas Night From Flippa?
Ways To Monetize
- You get paid for selling your website
- You get paid from the profits a website is already making
Real Life Examples
This point needs no further explanation here. Just check out Flippa.com for sites making huge profits and take your pick!
E-commerce Store
Just like JackThreads or Zappos, you can start your own e-commerce store and sell out physical goods. Even though I am not a fan of loads of products sitting around in warehouses, it is a great business model that can generate a lot of revenue.
Ways To Monetize
- Product sales
- Affiliate Commission
Real Life Examples
Jack Threads and their “Flash Sale” business model is quite impressive, and I’m a huge fan. They negotiates amazing deals with the best brands and buys their products in bulk for a considerable discount. They then send out an Email blast to exclusive invite-only members. There, they state that only 500 of these hoodies or T-shirts will be sold. Every time they do it, Jackthreads end up making huge sales and generating great revenue.
Final Thoughts
I have covered many ways that can earn you a decent income in this post too because I aimed to stimulate your brain into thinking about how you can sell products or leverage your skills in making a better profit. I believe that there is no reason for you or anyone to work a 9to5 Job anymore and if you bookmark my blog in your browser and keep reading my upcoming posts, Then I think you’ll find that it will become a reality faster than you think because making $1000 to $5000 a month may seem like a lot to many people as a side hustle. However, it isn’t when you break it down into simple tasks that need to be completed with a dollar amount attached to it. Keeping reading my other Blog posts and you’ll see how easy it is to make money online for beginners.
If there’s anything you think I’ve missed – talk to me in the comments below!
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