Contents
Today we have to consider some online business ideas with low investment and high profit. So you will be the year 2020 because you will eventually build a profitable online business?
You thought about it every year, you went through countless online business ideas in your mind. Imagine what your life would be like if you would quit your job and generate money on the Internet. So you can travel the world easily. Can create a comfortable lifestyle. For yourself and your family, and to achieve financial freedom, you can finally avoid the 9-5 lifestyle obstacles and take your time off completely.
Top money earning apps in India | Best Paytm cash earning games
But then, what happens? Usually, you spend some time thinking. But ultimately resort to their comfort zone.
The steady income of your secure job tells you the ease of being someone else. What to do every day (Instead of trying to remove it from scratch), and a consistent schedule. You say to yourself “You know what?” This year is a little crazy. Start developing that online business next year! “
This time you have to start best online business ideas but “next year” never comes.
Here you have to consider it. That 2020 is the year. When you should start your online business. Seeing more opportunities than before, and you should take advantage. Considering the layout of 20 online business ideas. To help you get started. Read through them, see who you connect with, and start doing your research. Then start with one. This is so easy!
Is a fact. That online business from home is increasing day by day and the reason is the worldwide internet usage. With the help of internet you can reach billions of people around the world.
All you need is a strategy and ideas to trade online. Let me explain how this works. What you should and should not do.
To start an online business, basic knowledge of the internet is necessary. You can work from home with a basic internet connection. Making money online is very easy. But people find it difficult. Because they don’t know how to do it. People also fail because of this. Because they do not know how the internet business actually works. If you do it right. So you will only earn money online. Here you will get ideas about starting an online business. This is the best Online Business Ideas You Can Start Quickly.
45 Online Business Ideas “Easy to Start”
Here is our list of 45 online business ideas for 2020:
1. Start a Blog and Monetize it
We talk a lot about starting a blog on this website and with good reason. In 2020, it is easier to start a blog than ever before. Your blog can also be a great potential source of income. If you want to monetize the blog. So you have to apply to Adsense and read all Google policies if it is to work properly. Write a good article, then your website becomes easily monetized.
Before I start blogging, I must say. You have not started blogging for money. You have to start a blog to provide better content for users. Keep in mind, you need to continuously create better content. And to inform you for this. To educate or entertain people. In other words, it needs to capture their interest in some way.
By going more, you have to sell something through a blog using affiliate marketing or these can be advertising space, products, digital products, sponsored posts, coaching, ebooks and so on.
But if you are ready to work and you are involved in it for the long haul. So blogging can be extremely profitable according to Google General Blogger. Blogger $ 50k-100k per month or more
Here are some resources to help you get started with your first blog:
2. Get Started With Affiliate Marketing
Affiliate marketing is basically receiving a commission by promoting someone else’s product with affiliate marketing. According to reports, these brokers have to earn $ 200- $ 400 per month. But to grow your affiliate business, after growing business you will have to earn easily in this field.
There are two main methods. Most people who do affiliate marketing:-
- Information products
You membership sites, e-books, video series, etc. Like, promote the products. This type of affiliate marketing can earn you 50% or more in commission. It has relatively low barriers to entry, and products are easy to promote.
- E-commerce partner
Many affiliate marketers have found success with Amazon, Flipkart, and more e-commerce websites. Literally, you have to select millions of products from these websites, and it can be quite profitable. For more information, you can see the Amazon Associates Program.
- Quick side note:
In this field, you need some experience to know about products and websites to know about eCommerce. Before you have to start an affiliate marketing business. It helps to have at least a basic knowledge of SEO and copywriting. (More on each) These later).
This is being said. You can read some copywriting books and look through SEO MOZ from beginners’ guide to SEO. Which will help you get started.
3. Set Up an E-Commerce Site
Set up an e-commerce store This is one of the best ways to earn income online. Here is its plus side. If you try to go the path of affiliate marketing. So the best affiliate marketers are focused on 3 main niches. Dating, losing weight and making money online. You have to compete with the best, and it is not easy.
Along the e-commerce route, in many markets, you will be competing against old school business people. Those who may have some marketing experience. or not. Many of them have messy, out-of-date websites. Which leaves you plenty of room for improvement, and you can help capitalize on their shortcomings.
As per my way, it is still not easy by any means. It works hard, and you have to stand in the middle of hundreds of thousands of e-commerce websites and online stores. But by filling in unique niche keywords to perform better SEO improvements and the right marketing techniques, then I’m sure. That you can make your e-commerce store a profitable success.
Here are some tips to help you get started with your e-commerce store:
Find a profitable market.
Brainstorm some ideas, do better keyword research. Such as keywords that are less complete, and try to get as specific as possible. For example, there is probably too much competition to sell surfboards. But if you limit it to a surfboard rack. So you may have a better chance of standing out in the market.
Ask yourself, “Is the product expensive?” There are costs associated with distribution, manufacturing, rewriting, etc. If your product is not expensive. (At least $ 50 or more), then there may be no profit on selling the product
Ask yourself, “You have to develop a product in the market?” If your e-commerce market has already crossed its peak. (Ie, VCR market) and it may be down. So you probably don’t want to get into it. Instead, you want to mention to you in industry. Where you have the most profit and growth potential.
Consider creating a Shopify store:- Shopify is a system designed for e-commerce. With some basic web knowledge, you can do this with a low-cost investment and no coding.
4. Self-Publish a Book on Amazon
Have you ever thought about writing a book, but don’t know where to start? All the publishing nonsense, editing, and formatting, marketing, etc.?
With Amazon, you can self-publish a book fairly easily, and actually, make money from it. There are some simple and inexpensive guides like this that help you write your book and it generates a consistent income.
Here’s the secret sauce I have to share with you: If you can launch your book and get a few hundred sales in the first week, Amazon will take you and start promoting it for you. This way you can earn some real money from it. It’s actually as easy as it sounds, but we’ll get it in a minute.
Here are some tips for writing a book:
- Validate the book by giving a survey to friends, an email list, and/or survey sites like PickFu. By validating your idea before writing a book, you will improve the problems of people wanting to buy your book (and you are not wasting your time writing it.)
- If possible, draw an outline and stick to it.
- Schedule at least 30 minutes to an hour each day to write.
- Format the book according to Amazon’s standards.
- Once the book is written and formatted, you can go to KDP.amazon.com. Log in with your Amazon account, then under “Create a new title”, select “Kindle eBook”.
Here is a good strategy for the launch week of your book (to get 100 sales):
- Set a price of 99 cents for the first week.
- Run 99 percent of the publicity with sites like Buck Books and Robin Reads.
- Post a book excerpt on a relevant subsection and link it to your book page at the end.
- Post 1-2 guests during the launch week that link back to your book page.
- Blast your email list multiple times.
- By the end of the week, hopefully, your book has assumed a ranking with a total payout of 5,000 or 10,000. From there, increase the price to $ 2.99, and keep raising the price by $ 1 every few days until its sale stops (then, reduce it by a dollar). This will tell you the optimal price for your book.
(Here is a case study of a book that uses this strategy to successfully launch and consistently make $ 3- $ 4K per month in profit.).
5. Create a Digital Product or Course
Creating a digital product or course is similar to writing an ebook. You are demonstrating your expertise by teaching others.
Being told That, you have not got the benefit of Amazon Promote. You have to promote yourself through your website, your email lists and possibly affiliate partnerships. You must create an attractive sales page. That persuade visitors to buy from you.
If you are already an audience. So it might be better to self-publish on Amazon first. In this way, you can validate your course idea. Can increase your email list. (Just be sure to opt in to the front and back emails of the book!), And make a rough draft of a more or less course (because it is) since it will probably be similar to the book).
Here are some additional resources to help you create an online course:
- TheRiseToTheTop.com – David Sitman Garland’s website that helped thousands of entrepreneurs launch profitable online courses.
- Monetize Your Expert Podcast – Useful episodes by online course expert Grant Wehrle to help you start your fist online course.
6. Become a YouTuber
Videos are becoming more and more popular. From Instagram and Snapchat stories to Facebook live videos, the videos will only continue to grow. If you always think about staying behind the camera. So now the time has come. When you can take advantage.
Whether it is starting a vlog and getting advertising revenue / sales product to its audience. Or building a YouTube channel to drive more traffic to your website. 2020 is a great time to start.
Not only making YouTube videos will help you tell better stories and provide more valuable content to your audience. It can also help you get profitable speaking opportunities.
This is the best thing. That, you have to buy a new camera. As long as you have a smartphone with quality camera lens. You can start filming your first video now!
7. Start App Development
Mobile applications are becoming more and more popular by the year. If you have idea of a cool, useful and / or fun app for phone or tablet. So this may be the way to go.
It helps to have some coding knowledge. But this is not an absolute necessity. There are lots of software developers to collaborate with people on building applications.
Word caution: The app market is still saturated. So make sure you verify your app and do your research before putting a lot of money into your idea.
Here are some resources to help you in the application development process:
How to create your first mobile app in 12 steps by Forbes
How to find and hire the best app developers by Yalantis
Facebook continues to expand and grow. Therefore businesses are spending more on Facebook ads. But here is the problem. Knowing that many old school businesses. What they do when it comes to Facebook ads. Even new companies do not spend so much time learning and learning about the companies that get the highest return on their Facebook advertising investment.
As a result, they are looking for Facebook advertising experts. So that they step in for them and do so. Fortunately, it is such a thing. Which you can learn quite quickly. Once you complete the work. So you can reach businesses and help create profitable Facebook ads.
Here are some Facebook advertising resources you can learn from:
- How to Create the Perfect Facebook Ad in Minutes
- The Beginner’s Guide to Facebook Advertising by AdEspresso
9. Learn and Master SEO
SEO (search engine optimization) means. That a website that ranks high in search engines like Google for certain “search terms”. When a website ranks high. So it gets more relevant traffic and can, in turn, earn more revenue.
This is another highly valued skill in the world of internet marketing. This is being said. This can be a bit tricky. Because Google is always changing its algorithm. With this, some rules of search change. You should always be on the leading edge in learning and testing new strategies.
If you can master SEO. So companies will always be willing to pay you for your help.
10. Become a Copywriter
Copywriting is the art and science of strategically distributing words. (Whether written or spoken) which gets people to take any type of action. This can be anything from sales pages to email marketing, even quality blog content.
If you have a natural inclination and passion for writing. So copy writing can be your ticket to earn online income.
This is a great way to get freedom in your life. Not only copywriting allows you to work remotely. Rather it also allows you to control your schedule. In addition, learning skills will help you in many areas of online business. (That is, creating blogs, affiliate marketing, etc. – when you can write in a compelling way. It all becomes very easy!)
11. Skype Coaching
Do you have that expertise? Who do you want to help people? Then Skype coaching can be a possible option for you. Basically, you hope on Skype and provide support to your coaching clients. This can come in the form of daily, weekly or monthly calls.
Skype coaches for just about everything. Life Coach, Fitness Coach, Dating Coach, etc.
Note: When you have a blog on your coaching topic too. So marketing your coaching services is very easy.
12. Buy and Flip Domains
You’ve probably heard of people who buy “flips”, and real estate, right? They buy a house for a relatively good price. Fix it a bit, and then resell it for a good profit.
Same idea for buying and flipping domains. Whether it’s your own domain, or you want to buy someone else’s site and flip it. This can be a good source of online income.
You can use resources like Empire Flippers to both buy and sell your domain.
13. Start a Podcast
A podcast can be a great revenue generator.
As you grow your podcast. You can provide paid sponsorship and sell your products and services. Through podcasts, you will be able to earn the trust of your listeners. Which will make them more likely to buy what you have to offer.
14. Dropshipping
Dropshipping occurs when you create an online store to sell enough other products. (Ie any construction or shipping you consider). Then, you get a commission for each sale. This time has more drop shipping business opportunities. You can start easily.
Here is the advantage. That you risk losing money if you don’t buy and sell stock in a product. The entry barrier is low and you will have to invest almost to get started.
If you want to know how to drop-down, the drop ship lifestyle is one of the best resources to help you get started.
15. Freelance Pay Per Click Consulting
Have you ever seen those sponsored ads at the top of your Google search results? Pay Per Click (PPC) in action.
It is a form of internet marketing in which advertisers pay a fee for clicking on one of their advertisements. Simply put, it is a way to buy visits to your site.
If you can master this skill, you can serve other businesses.
16. Sell Products on eBay
It sure is a little old school. But people are still making a lot of money on eBay. To start selling, you can do something simple from the head to the local clothing store and buy some clothes in the sale.
Then, you can list it on eBay for a higher price, and if it sells. So you can reorganize the profit into more clothes and make more profit.
This requires some strategy and planning. But online is definitely a profitable way of business.
17. Become a Web Developer
A web developer is one who knows how to build a website from bottom to top. To do this, you need to learn coding, which will take time and effort. But if you are willing to try, it can pay off quite well.
Here are some tips to get started with code learning and web development.
18. Invest Your Time in Graphic Design
Ever seen a beautiful sales page or a website design. Who really jumps on you? This is all due to a graphic designer.
Graphic designers are basically visual communicators. They design web pages, sales pages, logos and really anything else. Those who need to see fast.
To be a great graphic designer, you are expected to be great at drawing. You needed a college degree, and you considered the need to buy fancy expensive computers. But you need to be a visual thinker. You need expertise in something, and you definitely need a portfolio.
19. Build Niche Sites
The idea behind a niche website is to target a specific niche (for example, a specific type of photography). Which ranks Google for keywords related to that niche, and then converts that traffic into income by selling through affiliate offers or through their own products of service.
A lot of research goes into this. You should be prepared for some workload. If you build a good niche site. So it can give you an extra $ 500 in a month or more.
For further reading, check out this post from Sean Ogle: How to Build a Niche Site in 2018 that Brings in $500 a Month
20. Start a Consulting Business
Do you have a ton of knowledge in a specific field? Then you may have what it takes to become a high-paying online consultant.
As a consultant, you just have to apply the knowledge, skills and experience that you have in a specific area to help clients solve a problem or problem in that area.
To read further, see this post by USA Today: How to be a highly paid consultant
Conclusion
It is a 2020 and a new opportunity for you to start an online business and create a complete financial and lifestyle freedom for yourself.
2020 is all about taking action. With this large list of online business ideas, you have plenty of options to get started. Do not wait any longer, and of course, do not turn it off until next year!
Take some ideas and run with them – by this time of next year, you can have your own successful and profitable online business! Just be sure to report back here and tell us your results!
