10 years back, few were familiar with terms like startups and entrepreneurs. But today they are part of the everyday conversations. It’s mostly because of the ease digital era has brought; anyone can become an entrepreneur by launching an online venture. But we are not saying that it has become easy too.
The need of a good business idea and its right implementation is always there. It’s just that the internet has opened door for many money making and business ideas that weren’t possible before. Below is the list of 15 such ideas to consider if you are planning to make money using internet or start an online business in 2015.
#1 - Start a multivendor ecommerce store
Ecommerce sector is booming, and in coming years it will only grow bigger. So, launching a multivendor store like Amazon and eBay is obviously a good startup idea. Multivendor ecommerce stores simply provide the gateway where different online retailers list and sell their products. As the website owner, you take a fixed commission from each item sold on your website and remain completely free of the overhead of product storage and delivery. Pro tip, launch a multivendor store focused on a highly targeted audience.
How to begin?
By using a readymade multivendor ecommerce store clone script, you can have your business up and running in no time and at a very low cost. YoKart, clone script for multivendor stores, is available only for $250 and offers all the features that major multivendor ecommerce platforms provide.
And don’t forget to invest money, time and efforts to market your business online during the initial phase. (Same goes for the other business ideas that follow.)
#2 - Make money by buying and selling domains
In the real word, land prices always increase. Similarly, in the virtual world, domain name is the commodity whose price always rise with time. So, buying and selling domain is a pretty good and convenient online money making idea these days. Let’s take an example to make things clear. The popular social media site Facebook bought fb.com at a whopping price of $8.8 million in 2010. The domain originally was bought in just few dollars.
How to begin?
There are many domain name registrars where you can create an account and start buying and selling domains. Some registrars like Flippa also recommend users which domain to buy based on keyword research on the internet. Having a good understanding of internet culture and upcoming trends gives you a real edge here and assures a decent profit. And if your luck is running good, then a good opportunity like fb.com can also fall into your lap.
#3 - Run a daily deal portal
Daily deals portals like Groupon and LivingSocial inform people about the local deals in their area through email notifications. On the other end, this marketplace also helps merchants in getting more customers. Consequently, daily deal portals (global or local) have gained much success in recent years. Since many local markets are still out of reach of these portals, there is a huge scope for startups in this marketplace.
How to begin?
Here again we would suggest you to go for a clone script to save time and money instead of building a daily deal website from the scratch. You can check out Yo!Deals, a daily deal clone script which incorporates all the major features that Groupon and LivingSocial offers.
#4 - Earn Online Simply by Being Online
Earning money online from the comforts of home is definitely something that many people wish for. Well, websites like Swagbucks, ZoomBucks and GiftHulk make this wish true. These websites offer a virtual currency that people can earn by doing various online activities like browsing internet, doing online shopping, playing online games, watching online videos, filling surveys, etc. This virtual currency can then be converted into gift cards of various ecommerce stores.
How to begin?
Simply create an account on these websites and do all the above mentioned online activities using their platform. NOTE - this online money making idea can help you earn only a small amount of money. The idea is basically to monetize the purposeless hours you spend on the internet on daily basis.
#5 - Launch a marketplace for freelance writers
Professional freelance writers are in high demand these days, especially essay writing, research paperwork, and other academic content. This is the reason why peer-to-peer freelance portals like EssayShark have gained so much success in recent times. These platforms connect freelance writers with clients in need of academic writing work. The work is done in parts and after completion of each part writers get paid. And website owners get a cut from this payment.
How to begin?
PaperWeight is the right product to use if this online business idea prompts you. With this turnkey solution, you can have a feature-rich and high performance academic writing website in no time and at a relatively small investment.
#6 - Create presentations & videos for businesses
Do you have an eye for good design and required skills? Do you often have cool creative ideas that you don’t know where to implement? If yes, then, use these talents to create professional presentations & promotional videos, and help out businesses in their marketing campaigns & bag a good amount of money. Many businesses, especially startups, outsource such kind of work; so, there is no lack of opportunities if you are giving this idea a thought.
How to begin?
In order to attract more clients and get more business, you need to be a little outgoing. First step is to get a nice and professional looking website for your presentation business. Create a few demo videos and presentations and showcase them on your website. Let the world know about your talent. You can also take some insights for creating business presentation from here.
#7 - Run an online custom clothing platform
Custom clothing websites are very popular these days. And they are certainly the platforms that future generation will use to dress more smartly, rather conveniently. These websites offer customers to choose fabrics, provide their measurement, style specifications and get custom made clothes delivered at their doorstep. The custom clothing marketplace is only a couple of years old. So if the idea entices you, this is the right time to dive in.
How to begin?
Check out Stitch, an advanced readymade solution that incorporates best features of top custom tailoring websites. Use it to build your online custom clothing platform in no time and at a very low cost.
#8 - Teach online
Everyone has something to teach from formal education or personal experiences. Not necessarily professional skills like web designing, but something as simple as cooking, crafting, handiwork, fixing mechanical part, etc. There are websites like Skillshare that let people teach such kind of real-life skills people want to learn, either for professional advantage or simply to feed their urge to do something new and creative.
How to begin?
Make recordings of the stuff you are working on and post it on the website. The more students get enrolled in your classes, the more money you make. Visit Skillshare to get a better idea on how things work there. You can also build a name by posting videos on Youtube first.
#9 - Build a Platform for Online Food Ordering
Today’s high-tech generation seeks convenience in every task. Probably, that’s why online food ordering portals like FoodPanda, GrubHub, and Eat24 have become such a rage today across the globe. These websites only list the restaurants, their offerings and provide the gateway for ordering them online. Delivery is handled by the restaurants. Online food delivery portals are certainly the need of the hour. So, launching one is definitely a good business idea.
How to begin?
Instead of going through the tedious work of building the website from the ground up, build it with the clone script offered by FATbit Technologies. This turnkey solution will surely save you a huge amount of time and money.
#10 - Start an online cab booking platform
The online cab booking marketplace has its own special place in the booming ecommerce sector. While there are many international brands in the marketplace like Uber, national brands like Ola Cabs (India) and Didi Kuaidi (China) are making their mark. This in turn surely opens a window for aspiring entrepreneurs looking forward to launch a local cab booking platform.
How to begin?
Like for all the other ecommerce marketplaces discussed in this post, our suggestions for launching your cab booking platform is same – launch it with a clone script technology and have it functioning in a blink of an eye.
Recommended Reading: An end-to-end guide to build an advanced cab booking platform.
#11 - Become a Social Media Marketer
Like for all the other ecommerce marketplaces discussed in this post, our suggestions for launching your cab booking platform is same – launch it with a clone script technology and have it functioning in a blink of an eye.
When it comes to sharing on the internet, social media undeniably lies at the heart of it. In fact, social media has become one of the prime sources for getting information these days along with news publishers and channels. Amid the trend, businesses are sparing no efforts in leveraging social tools to market their brand and products. Many businesses hire social influencers who have good following on social media sites like Facebook, Twitter, and LinkedIn to increase brand awareness and generate more leads.
How to begin?
The task is simple and requires no investment from your side. All you need to do is promote products and services of different brands that you think might be useful for your followers. If you have a mind of a marketer then that’s the business idea for you.
Learn more about social media marketing
#12 - Become a service reseller
Today, most businesses are looking for partners who can help them boost their sales. These partners are those who have a sound focus on customer services but don’t have the industry and technical expertise to create great products like software, websites, and mobile applications. If you think that you have great influence in your local market, then you can become a service reseller. As a service reseller, you sell the services/products of your partner at a higher price and keep the margin.
How to begin?
Many businesses offer service reselling programs. You just need to figure out which one can work for you depending on what type of audience you are connected to. But make sure, the businesses you partner with provide reliable products/services, as only then will you be able to increase your value among clients and open new revenue channels. Check out FATbit Partnership program to launch your service reselling business at the right note.
#13 - Try B2B marketing
B2B or Business-to-business marketing is quite similar to service reselling business but there is one fundamental difference. Instead of selling services or products to customers, you sell them to other businesses. The process is same - you use your market influence to help businesses sell their products and services and keep a commission from the revenue generated through sales.
How to begin?
Having a professional website for your B2B marketing business is somewhat essential. Next, just find out the business that are open to B2B marketing of their products and services and begin to list and promote them on your website. Visit www.B2Bmarketing.net to get some helpful insights.
#14 - Launch an online membership portal
Competition is cut-throat, and businesses are trying every possible trick to reach their target customer first and with the best deals. Amidst the hubbub, online portals that provide customers a side-by-side comparison of service providers of a particular industry and geographic region are trending presently. These portals primarily list services and packages of membership-based local businesses like gym, spa, coaching classes, dance studios, etc. As the website owner, you get a cut from the sale any local business get through your website.
How to begin?
One way is to first study such websites to outline crucial features and then find a web design & development company to build it from scratch. Or better, build a feature-rich online membership portal using Yo!Memberz and get it running in no time.
#15 - Invest in startups
We mentioned it in the beginning of the post, and here we will say it again – this is the age of startups and entrepreneurs. Every once in a while, we come across a startup based on an entirely new or trendy business model making headlines or getting huge funding. So, apparently there are many more to come. Investing in such startups is a really nice way to build fortune from the money you can spare.
How to begin?
Seedrs lists the most promising online startups around the world. Visit it regularly and check out the startups that are really making some noise. Also, do a little analysis to figure out whose business model might have a great chance to succeed. Additionally, you can also visit websites like www.owler.com to check how the startup you are interested in is doing.
It is understood that not every business idea discussed above is feasible to everyone. Important thing is that, whichever idea you choose, stick with it and make consistent efforts to get things going. Also, don’t forget to do additional research after you are set upon a particular online business idea.
In case you have any other questions, please mention them in the comment section below. We would love to be of further help to you. Do you know about an online business idea that deserves a place in our list? Mention it in the comments section and we will look into it!