There you have it – a comprehensive guide to the best online businesses to start this year. We deliberately didn't cover ideas like app development or IT support because they require specialized skills. That's why we only provided you with businesses you can start with very little money. In fact, you can even start some of them with very little knowledge.
Starting a new business online requires much less risk than investing your dollars into a brick-and-mortar storefront or downtown office. Because your business is based online, you can reach more potential customers, work from virtually anywhere and make money online without large overheads. With some basic website and communication skills along with a little maintenance know-how, almost anyone can launch a business online and get it up and running in only days. Think you’re ready to become the next big entrepreneur online?
Just about any home business with a website can profit by placing affiliate ads on their sites, but there are also many who pursue affiliate marketing as a full-time Internet business in and of itself. The most successful affiliate marketers either use a funnel system or a blog (or both) to promote their affiliate products. Further, they also have an email list.
FlexJobs, the Boulder-based remote-friendly career postings site, is cutting through the complexity of this question. Each year, they compile a list of the top 100 companies hiring remote workers. This year, though, they’ve created a special list of all the companies who have made their top 100 lists for each of the past five years. While many companies require you to clock in and out each day, the employers on this list don’t care whether you do your work from Santorini or Shanghai.
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Sell things to pedestrians. Entrepreneurial sorts sell things like cold drinks on hot days or hot nuts in winter. This method can be especially lucrative if you set up a spot near a sporting event, park, etc. You’ll need to have a small amount of money to invest in the product, but then you can sell it at a much higher return and make some quick cash.
No matter which way you do it, it’s passive income—money you earn while you sleep because you put these products up for sale on your website and a customer can buy and download them any time of day or night, automatically. All you have to do is check the sales periodically to see what topics or types of products are selling best so that you can make more of those.
ThredUP sends you a free Clean Out Kit to fill with all the gently used, on-trend clothes you no longer wear. They'll take care of everything else, including professionally photographing your items and listing them on the site. You receive an upfront payout once the items are processed, or if it's a unique item, you'll be paid once it's sold. Payouts are offered in the form of ThredUP store credit or donation to a cause, or you can transfer the cash to PayPal.
21. Facebook – Facebook swap shops are great for selling things locally. It’s like CraigsList, but a little easier. You simply search for swap shops in your area and ask to join the group. Once you’re in, take a picture of the item, write a quick description with the price and post it. It doesn’t get much easier than that. You can generally expect to get about what you would get at a yard sale, maybe a little more.
Virtually every small business needs help running their day-to-day administrative tasks, but they may not particularly want to pay a full-time in-house employee to do it. Virtual assistants perform a variety of tasks that a traditional assistant or secretary would normally do, including making travel arrangements, paying bills, or managing expense reimbursements.
As a [email protected] associate, you'll use our technology to support and assist customers with a variety of customer service and technical needs. This could include helping customers over the phone, via chat, or on social media. Best of all, you can do it all while wearing your slippers or flip flops! (To get started, you’ll need internet access and a home phone. Bunny slippers are optional.)
Also keep in mind that communication with a telecommuting team requires an extra layer of crystal clear clarity. Since almost everything is done via email (and there are no facial or body clues to read), you’ll need to make sure that you mean what you, um, type. I’ve found that shorter, more succinct sentences go a lot farther than long-winded soliloquies.
28. Subscription – If you think of something valuable (newsletter, online magazine, etc.) that you can consistently offer on a certain basis (weekly, monthly, etc.), you may want to offer a subscription service. This could be a fee charged each time your product is sent out or on a monthly basis. Either way, this has to be something that your customers can only get by subscribing to your website.
One of the online world’s hottest professions at the moment, this business is a gold mine for the tech-savvy entrepreneurs. While everyone’s slightly obsessed with getting their sites SEO optimized, not many people can actually wrap their heads around this topic. If you decide to go into this field, you can think about offering link building, content creation, on-page SEO optimization and similar one-off packages.
I didn’t collect an email list when I built GreenExamAcademy.com or when I started SmartPassiveIncome.com in 2008. That was a huge mistake. It does cost money to build an email list, but it’s worth every penny. I recommend using ConvertKit for this. They have really good pricing, and you pay more as you grow. By far, it’s the best service out there. On SPI TV Ep. 28, I did a full ConvertKit demo you can check out if you’re interested! [Full Disclosure: I’m a compensated advisor and an affiliate for ConvertKit.]
Suppose I was to tell you that I would pay you up to $15 to process rebates from various products and companies. I would send you a list, you proces the rebates and you get paid twice a month. All you need is a computer, internet access and our training program. Would you be interested? Chances are you would be! I know I would be too! Lucky for you that I stumbled across some crazy back door information about the rebate processors position that's going to knock your socks off. Trust me when I say you'll be so thankful that I go to the bottom of this opportunity.
If can't afford to buy a website there are just as many opportunities in buying and selling domain names. The people who do this are referred to as domain flippers. The principle is the same – you buy a domain for as little as $10 and flip it for several times that amount. Do companies still pay thousands of dollars for a domain name you own but they want? Absolutely.
The sheer facts point to continued explosive growth of online ads. And we're still in the infancy of the internet. The earlier you capitalize on this industry, the quicker you can build it into a formidable online business. Study and learn all the intricacies of advertising on platforms like Facebook and Google. Find courses, or use the free material available from a multitude of platforms to become a seasoned pro.
Most companies that hire for search engine evaluation have multiple projects available to work on, so the exact work you do might vary. However, search engine evaluation in the traditional sense involves analyzing queries that regular people like you and me might type into Google or Bing search and then determining the best possible results to match up to that query so that users have the best experience possible using a search engine.