Best Online Business Ideas To Make You Rich In 2020.
25 Best Online Business Ideas For Beginners In 2020
- Affiliate marketing
- SEO Business
- Selling Online Course
- Online coaching
- Consulting Business
- Real estate business
- Virtual Assistance
- Mobile App Business
- YouTube business
- Funnel Business
- Website Design
- Selling an eBook
- Kindle Business
- Software Business
- eCommerce Business
- Print On Demand business
- Selling Domain
- Web hosting reseller
- Selling Images and picture online
- PPC Business
- Review product
- Copywriter Business
- Website Flipping
If you’re reading this blog post, it means you are looking for the best online business ideas 2020 you can start to make money online without quitting your day job.
It doesn’t matter if you want to do it as a full time or part-time, you only need to start somewhere. There are many online businesses and some are not profitable but can still make your money.
For those that want to quit, 9 am to 5 pm job, here is an opportunity to find the type of online business you can start to make a living without the need to depend on your boss.
One of the advantages of this business is that you don’t need to quit your day job, you can easily combine it without affecting each other.
When I first started, I was a classroom teacher working from 8 am to 4 pm and yet, I still find time to start my online business which also earns me decent money before I finally quit.
If you want to start a real online business that can generate you 5 to 6 figure per month, then you need to work hard and smart, dedicate your time to achieve want you to achieve. There are many internet marketers that are making 6 figure per month but it doesn’t happen in a day.
It took them months even years before they start making such amount of money. If you believe that you can do it and be successful, then set your goal.
What are the requirements needed to start an online business?
You may be thinking you need thousands of dollar to get started or maybe you don’t even know where to start, don’t panic. The major tools you need is a computer/Laptop and internet connection.
Once you have these, then you’re on your way to build a successful online business that can make you money for years.
What of Investment?
Yes, of course, you are very right, you need to invest little money to make the work easier for you and to grow your online business faster than you think.
You can start as little as $200 while some may not requires money but your experience and skills. If you don’t have any knowledge or experience on most of the business listed, you can learn some within a few months and become an expert.
25 Best Online Business Ideas 2020 You Can Start Right Now
If you are looking for the best online business idea for beginners, I recommend blogging. It is a process whereby you build a website and update it with quality contents. Blogging is one of the best ways to make money online. It does not require more investment, you can start as little as $200.
Steps to start a money-making blog
If you want to start blogging, you can create a blog based on your experience and skills or what you are passionate about. For example, if you are a fitness expert, you can build a blog on fitness and create a quality content that can solve some problems faced by people who want to lose weight, want to build muscle etc.
Also, if you know how to cook very well, you can start a food blog or you are a photographer who can shoot air, you can start a blog teaching people how to take pictures, photo, recommend the best camera etc.
Here are the types of blog you can build depending on your interest and knowledge.
- Food blog
- finance blog
- Travel blog
- Pet blog
- Fitness blog
- Nutrition blog
- Weight loss and diet blog
- social media blog
- DIY blog
- and more.
What do you need to get started? You asked, here is the answer.
The domain name and web hosting.
The domain name is the name of your blog. For example, you want to start a fitness blog, you can register a domain name like BestFitnessblog.com. This is the name of your blog where people can read about your content. You can register a domain name for less than $12.My prefer is NameCheap.It only takes you less than a minute to register your domain.
Web hosting is a company that helps you host your domain. There are many web hosting on the internet but here are few of them that I can recommend for you.
You can check any of these hosting companies and choose anyone but the price may vary depending on the plan you choose. With less than $100, you can register for any web hosting for a year.
If you want to learn more about blogging, here are the best articles to help you build your first blog in less than 5 minutes.
Now that you have learned about blogging, another easy online business idea to make money is affiliate marketing.
What is affiliate marketing?
Affiliate marketing is a process of selling people’s product or service and get a commission when people buy through your affiliate link. You only need to promote a product and when you make a sale you get a commission.
For example, let say you promote a product that is selling for $45, and the affiliate commission is 50%, that means you will get $22.5 per sale.
With affiliate marketing, you don’t need to create your own product, no sales page etc. There are many ways to promote affiliate offers such as a blog, social media, email marketing, solo ads etc.
If you want to go for affiliate marketing, the first step is to learn how affiliate marketing works. This is very important if you don’t want to waste your time and money.
There are many courses that can help you to get started, some are free while some are paid. Here are the best articles on how to start affiliate marketing.
Related: Affiliate marketing for beginners
The best place to find the affiliate product to promote
Another online business idea that can generate you 6 figure per month is SEO business. You can start your own SEO agency and make a lot of money. SEO means search engine optimization.
SEO is a multimillion-dollar business and a lot of websites owners want their website on the first page of Google to attract targeted traffic.
There are two types of SEO, on-page SEO and off-page SEO. You need to have in-depth knowledge on both before you can even think of starting an SEO business.
Here are the resources to help you and learn more about SEO and how you can turn it into a multimillion-dollar business.
Freelancing business is a business that does not require money if you have any experience or knowledge and skills to help people solve their problem.
As a freelancer, here is the list of work you can do and get paid.
Writing article: If you are very sound in English and you can write very well, then you can make a huge amount of money writing content for website owners.
Logo design: Are you creative in logo design, there are many freelance online that are making thousands of dollar every month by just designing a logo for webmasters and companies.
- Creating video and animation
- Video marketing
- Content marketing
- Influential marketing
- Web and mobile design
- Photoshop editing
the list goes on.
You can find more ideas on fiverr.com
Online coaching is a lucrative business where you can show your skill and experience in your field. There are many people who make more money through coaching. If you’re into fitness, you can start fitness coaching where you can help people who want to build muscles, lose weight, gym and more through videos.
If you are interested in learning how to start online coaching or want to launch your product, product launch formula by Jeff Walker is the best place to start. Jeff will show you how to launch your online coaching from starch without prior experience.
Sell online course
Selling an online course is a great business idea and very profitable. You can create an online course and start making money without the need to invest much money to get started. You can create videos, files such as PDF, or in word and allow people to get access to it when they have paid a certain amount of money.
One of the best ways to build a successful business by selling an online course is to find problems people are facing in any niche or market and provide a solution.
For example, if you’re a social media influencer, you can create an online course on how people can use social media to promote their business.
Let look at another example like a programmer. A programmer can create an online course teaching people who want to learn coding or programing language such as PHP, JAVA, PHYTON etc. There are thousands of people who want to learn how to code in different coding languages.
The best and profitable business ideas for people who have knowledge and skills is to start an e-course business where people can learn from them.
No matter any market you find your self, there are people who are hungry to learn something from you.
If you’re thinking of where to sell your online course, you’re not alone, there ‘re many platforms where you can get started. Here are a few of the best places to sell your online course without any stress. Check Thinkific Vs Teachable to learn more about the two platforms.
Starting a consulting business is a good idea if you have what it takes and all the resource required to be successful. Here are the types of consulting business you can start depending on your interest and skills.
Dating consultant,business consultant,social media consultant,marriage consultant,real estate consultant,marketing consultant,legal consultant,IT consultant,public relation consultant etc.
Real Estate Business
Another best online business to start is real estate business. Many people are investing in housing and real estate. It is a multimillion-dollar market and demand is increasing every day.
One of the amazing things about starting a real estate business is that you can simply learn it online and start your own agency without need much investment. Get this book to unlock your real estate business.
Virtual Assistance is a business you can consider if you are ready to do all minor job or work for companies to complete a small task and get paid for it.
What is Virtual Assistance?
A virtual assistant known as VA is someone hired to provides support services to other businesses from a remote location. Many small businesses use virtual support, especially for specific tasks such as social media management.
Being a virtual assistant may not make you rich, but you can earn more through it without affecting your own business.
Mobil app business is a multimillion-dollar business and as you are reading this article, maybe through your Mobile. Check your mobile phone, you will see that you have few or more application on it that are helping you to complete a small task in one way or the other.
The mobile app business is a huge market and despite the fact that there are millions of applications, people are still building a mobile application and making a lot of profit.
To start a mobile app business, you don’t even need to know how to code or write any line of coding. There are some tools available that can help you create your app and upload it to Google Play.
There are two types of a mobile app, android and ios. It depends on you, but have it mind that Android has more market than ios.
In addition to that, you can find a company to help you build your app. You only need to carry out your research on the type of application you want to build, give them your ideas and they will get it done for you with just a little investment.
Also, if you are interested in learning how to build a mobile application, the choice is yours and you can get started at udemy.com. Udemy has thousands of both android and ios courses where you can learn how to build a mobile app without the need to break a bank for the training. A mobile app is one of the best online business to start to make a living.
YouTube business may not be new to you but if you don’t know how it works,it may be very difficult to be successful. You may not be doing it as a full-time online business but it worth trying as many YouTuber are making thousands of dollar every month.
The first step is to create a YouTube channel for your business and fill all the necessary this such as image, logo, location etc.
To become a professional YouTuber does not require expensive equipment, you can start with any type of camera or your mobile to get started. Also, there is much software you can use to create your video and upload them into YouTube such as Content Samurai etc.
What type of video can you upload to YouTube to make a decent income?
Well, it varies depending on your skills and experience. If you’re a musician, entertainer, marketers, Fitness trainer, dancer etc. Your video only needs to engage visitors to click the ads shown from your video to make money.
You can learn more about how to start a YouTube business.
Sales funnel business is growing fast and a lot of people are making money by just building high converting sales funnel for companies and internet marketers. Sales funnel is a page built to collect the visitor’s data and information so that you can build a strong relationship with them and turn them to your customer.
Most companies are building sales funnel to sell their products and services to their customers once they have their contact.
The best tool to build and sell your funnels is Clickfunnels. You can create a funnel on any type of market and for professionals in any field such as dentist, real estate experts, etc.
Not only that, but you can also build a funnel to sell any product either digital or physical products.
To get started with Clickfunnels, you need to sign up for their 14 days trial. They have two plans, one is $98 per month while the second plan is around $297 per month. You can check Clickfunnels pricing to learn more.
You will get free access to their video tutorial on how to build a sales funnel without requiring any coding experience.
I know a lot of internet marketer who is making 6 figure per month from their funnels. In other to get the fast result for those who want to start funnel business, here is a complete webinar on how to build a profitable funnel.
The next on the list is website design. Starting a website design business is great and if you don’t have any experience before,it is not a big deal. Anybody can learn how to build an amazing website in less than 3 months.
The best part is that it doesn’t cost much money to learn the ins and outs of how to design a good website using different software such as WordPress, PHP, Java etc.
Where to learn website design?
This is a huge market and world is going fast into digital marketing. There are many places where to can get website design job and get more customers and clients.
You can check the following platform to get started.
Selling eBook can make you rich if you know how to sell to Hungry buyers. We are in a digital age and there is a high demand for e-book depending on your market or niche. You can sell an e-book on anything so far there is a market for it.
But, note that not all market is profitable. If you want to start an eBook business, you need to find a market where there are buyers.
For example, if you’re into weight loss, you can create an e-book on how to lose 5 pounds in 14 days. If you know how to build a mobile app, you can create an e-Book on how to build an android application and name it” 27 steps to building your first android app in 30 days”.
Your book needs to be in PDF for easy download and make it readable.
Starting a kindle business is a great way to build a solid online business. This is very simple to start and may not even require any cost except you want to outsource the process.
Anybody with skill, knowledge and hobby can start kindle business no matter where you live. You can create a Kindle book on any topic such as health and fitness, novel, storybook, baby book, advertising, business, and more.
To get started, you can sign up your account following this link.
If you want to learn more about Kindle business, simply check this e-book as it can help you to build a profitable business selling on Kindle.
The software business is more than just an ordinary business.If you’re thinking of a real and lucrative online business that can give you passive income, then think of Saas business.
The main disadvantage of the software business is an investment. You need to hire a designer and programmers to build your software. Apart from the programmer and designer, you will need to pay for web hosting, buy a domain and some other things.
The cost to get started varies and it depends on the type of software products or services. There are categories of the software:
Web-based software: This type of software runs in a web browser. Examples are Facebook, Pinterest, Clickfunnels, Grammarly etc.
Smartphone software: This types of software runs on a smartphone via an app. Examples are Snapchat, WhatsApp’s etc
Computer software: These are types of software that runs on your desktop or laptop’s operating system. Examples are Skype, Avast, Ccleaner and more.
Gaming software: This is a software that runs on gaming consoles. Examples are Warcraft, Super Mario etc.
Now, you got the ideas of how to start a software business, if you’re ready and want to learn more about software business, then get software secrets by Garrett and Scott.
Now let’s get into another online business that is shaking the entire internet. e-Commerce business has gone beyond people’s imagination and the market has hit billions of dollar in 2018. Last year, Amazon.com, the giant in e-commerce business hit more than 10 billion dollars a year.
If you are thinking of online business ideas to start, don’t just overlook e-commerce as it can make you rich in the next 12 months.
Yes, I know what I am saying. I know some people who started selling on Amazon and within 12 months, some made more than 1 million dollars.
Here are a few types of e-commerce business you can start and build a successful business without the need to invest heavily to start.
Selling on Amazon: Selling on Amazon is not so difficult but there is some learning curve. You can’t just look for a product to sell and create your account, then be expecting money to be coming in.
You need to work hard to make the money. You need to learn how selling on Amazon works. The best part is that to get fast result, you need to learn from the experts who have built a successful business selling on Amazon.
There are few online training teaching you how to sell on Amazon and build a successful business. Check the list of Amazon FBA training that can help you to start selling on Amazon.
The second e-commerce business is dropshipping like selling on Amazon but it is a bit different as Amazon help you fulfil your product without the need to worry about shipping, but in dropshipping, you will need to find means of shipping your product to customers.
Don’t fret because of shipping, there are lots of companies that can help you with just a click of a mouse.
Here is how dropshipping works.
You buy a product at a cheaper price, say from China, mostly on Alibaba or Ali Express, you build a store on Shopify or other platform and upload the image of the product. When a customer buys the product say $25, you go to aliexpress and buy the same product as low as $7. You ship the product to your customer at a cost of 10 dollars. You get $8 per product.
You can use oberlo to make your work easier. It allows you to find a product from aliexpress and upload it to your Shopify store with just a click of a mouse, no extra work
You can automate your work using other software and get an amazing result. Dropshipping is a business that has the future for those who are looking for a profitable online business to start.
Ready to dropshipping on Shopify, get 14 days free trial now.
Print on Demand Business
Print on demand known as POD is more or less as e-commerce where you can sell your design to customers. You may need to be creative in design except you’re ready to outsource your design.
Print-оn-dеmаnd publishing iѕ соmmоn, еѕресiаllу in thе self-publishing .T-ѕhirtѕ, hats, caps, leggings, books and оthеr digital contents аrе printed individually when a customer place order instead оf bulk printing bеfоrе рrоmоtiоn аnd ѕаlеѕ.
Check Print Profits review to get access to the training on how to start POD business.
Sites That Offers Printing On Demand
With POD, you hardly lose your money because you only design and print when a customer ordered.
You can make a custom design in the following niches:
- Hunting and more
Domain business may be new to you but people that are in this business are making decent money from buying and selling a domain.
I have seen a situation whereby a domainer bought a domain for less than 12 dollars and sell it for $50k.
This type of business requires you to familiarize with the business before you invest in it.
You can register a new domain or buy from auction sites and resell them to make profits.
If you’re interested in the domain business, check the Dnjournal.com to learn how this business works.
Web Hosting Reseller Business
Web hosting reseller is a process whereby the reseller purchases the host’s services wholesale and then sells them to customers to make a profit.
Here is the best web hosting where you can start a reseller business.
Selling photos and pictures online
Selling pictures may be the best business you can do if you are passionate about taking pictures or you are a photographer.
You can find a good location where there are many attractive images that can catch the attention of the people in any market.
Here are a few websites where people can sell their pictures and images online.
Starting PPC business may be fun if you know how Facebook and Google algorithm work. Both are giant when it comes to paying per click advertising.
Pay per Click advertising business is growing fast and a lot of companies are looking for experts to help them show their brand and service to millions of targeted customers to increase their sales.
PPC advertising business is a lucrative online business but requires skills and knowledge to get started. It is not what you can just research how it works online and start making money. You need to learn the ins and outs of how it works if you don’t want to lose your money and ruin your business.
The most important thing to do before you start is to learn or get trained by PPC experts and professionals.
Reviewing a product may be a good option for people who are looking for online business ideas to generate decent money online while still working full time.
To get started, you will need to find companies who can pay you to review their products and services.
This type of business is related to affiliate marketing where you get a commission when customers buy through your link.
To write a product review may require you to have experience about or passion for the product. This is very important or alternatively, you may need to research to learn about the product to give you more ideas of what to write about to convince your readers and make them take action to purchase the product you review.
Here are steps to start a review product business
- Find a niche
- Research the market and make sure it is evergreen and profitable. Means people are spending money on such a market.
- Buy A Domain and build a blog
- Find products and write review articles.
- Launch your review site.
Here is the type of review site that are making millions of dollar every year.
Copywriting is the process of writing for the purpose of advertising or forms of marketing. The product, called copy, is a written content that aims to increase business awareness and ultimately persuade a customer to take action.
A copywriting is a great business if you know how to write a sales letter that can easily convince people or ready to learn how to become a professional copywriter.
You can find so many e-Books on how to become great copywriter on Amazon or get trained through an online course.
The last on the list of online business ideas is a website flipping. This is a process of buying and selling websites to make a profit.
This type of online business requires learning from experts. There are many free contents you can read online to get familiar with how to flip website.
Check this site to get more information on website flipping business.
Now that you have at least 25 best online business ideas 2020, I strongly advise you to find one or two and do in-depth research as pick the one that fits you most.
Best Online Business Ideas 2020: Conclusion
Getting business ideas is very simple but to find the one that suits you based on experience, passion and skills require more time to decide.
The ball is in your court and doesn’t just leave it there, play it and see if you’re a winner.
Success doesn’t come without risk, and in any online business, taking a risk is part of the business.
If you have any question on this list of best online business ideas, kindly let me know from your comment.