Best Online Business To Start – When you purchase something through one of the links on our site, we may receive an affiliate commission.
In this article, I’m going to list 19 of the best online businesses you can start today, sometimes for free!
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Best Online Business To Start
The barriers to entry have never been lower, start-up costs so low, and revenue potential so great. You have access to online platforms, online resources and tools that didn’t exist ten years ago, social media is just one good example.
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So let’s dive in to get your creative juices flowing and hopefully inspire you to start your own online business.
Through trial and error, and through various initiatives, I have been able to create a very special life for myself and my family.
All of this is just to say that I have a pretty good idea of which small business ideas to pursue and which ones to avoid. So I chose this list mainly to make sure anyone can get started, no matter your background.
1. Become a blogger. There are a lot of successful bloggers out there – we’re talking about the five- and six-figure monthly income levels. But you should definitely avoid starting a blog about “how to be a successful blogger.”
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How can you do this if you haven’t achieved anything yet? Fake it till it’s not a business model I would recommend anyone to follow.
Blogging is one of the best online business ideas and as always has huge potential.
Make sure you create blog content that people actually want to read.
If it’s something you’re passionate about, that’s great. But you have to understand that it’s easier to make money blogging about organic dog food than it is to make money blogging about obscure literary novels.
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But don’t worry. There are many great niches worth getting into. In fact, blogging can even be a visual pursuit, and there are plenty of photo and craft bloggers with huge audiences.
Learning how to start a blog isn’t difficult either. If you can afford to invest $20 or so, you can register a domain name, get a cheap or free trial web hosting account, and install WordPress from there.
One of the biggest misconceptions about blogging is that you have to write long, thought-provoking posts that make people stop and think about life.
Your blog doesn’t have to be life-changing. In fact, you’ll make more money if you focus on helping your readers solve whatever pressing problem they have.
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Or you could help them discover a great new product or service they didn’t know they needed.
If you want to know how to make money blogging, come here. You can’t monetize your blog without an audience, and you can’t gain an audience without creating content. This is your first priority.
Build your audience, and then you can start considering options like advertising, affiliate marketing, or sponsored posts.
You know, I rate starting a blog as my number one option for creating the best online business because there are no barriers to entry:
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If you want to get into this successful industry, I recommend you try Bluehost. Bluehost is always one of the most popular choices, especially for beginners. Their hosting is as stable as their servers. They make blogging cheap, easy, and flexible. Try Bluehost now.
This model warms my heart because it’s a simple online business that’s also fun and has almost 100% passive income potential.
Simply put, affiliate marketing is selling products on a commission basis for many companies, including big brands. There’s no inventory to purchase, packaging or shipping to deal with, or customer service issues to deal with.
The foundation of the affiliate marketing business is building a website that targets a specific niche.
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You then need to do market research and find low competition keywords for that niche in order to rank on the first page of Google for those keywords.
Someone visits your website and then clicks on your referral link, and if they make a purchase at the target store, you’ll earn a commission.
As mentioned above, once set up correctly, the income from it can be almost 100% passive.
In fact, that’s how I quit my job. I built many small websites and made over $10,000 a month! So I said “Goodbye!” I said. I continued my day job and never looked back.
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Becoming an affiliate marketer is still one of the best ways to start a successful online business, and for many people, that’s enough!
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When creating a website to sell products or services through the affiliate marketing business model, you have two options – a niche website or an authority website.
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Niche websites are smaller, focus on a specific product or service, and have only a few dozen pages of content.
Authoritative websites, on the other hand, have hundreds of articles covering all known keywords for a given topic.
But writing great content for affiliate sites actually isn’t that hard. It just takes practice, and by the time you see that first commission check, you’ll be writing articles for your website before work, during your lunch break, and while you’re asleep in bed.
I love creating new websites through affiliate marketing. It provides high revenue per visitor (much higher than Google Adsense) and gives you an incentive to search for long-tail keywords.
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If you’re just starting out, Amazon is the easiest program to use and the one I recommend.
You can learn more about building an affiliate website by reading this guide on how to build a niche website for $2,985 per month.
Because of the chaos of online commerce in 2001, some people still shy away from the idea of an e-commerce store.
Back then, you had to worry about paying a web developer a lot of money to build your e-commerce website.
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After that, it’s time to find an SEO marketing agency to evaluate your website, otherwise you should move to paid (PPC) traffic. Then you have to deal with inventory, staffing, shipping, and customer service.
Modern e-commerce platforms like Shopify offer you a simple and cost-effective way to create an online store. You may choose to sell your own products directly to customers, including packaging and shipping the products.
Another option is to set up your Shopify store again, but you’ll send customer orders to them through a manufacturer or distributor.
It can always take 30-45 days for your order to arrive – this is essentially a dropshipping business.
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In fact, I know several brothers who are making over $30,000 (profitable) per month with their e-commerce business. You can hear their entire story in this Niche Pursuits podcast.
One of the most popular examples of this business model is Dollar Shave Club. These guys started selling affordable men’s boxes every month in 2012. In 2015, Dollar Shave Club was acquired by Unilever for US$1 billion.
Shopify is very popular in the online shopping industry as it provides a stable e-commerce platform and secure payment options.
The advanced version is to learn how to get into dropshipping and become an Amazon dropshipper. It may be a little difficult, but if you have the money, knowledge, and time to do it, it’s worth it!
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If you want to run Shopify, it doesn’t cost you a dollar. They have a 14-day free trial so you can experience the business before you get started.
Sneaker resale is a monster market you’ve never heard of. But unlike some mega markets, it doesn’t require huge investments.
The principle here is simple: you buy undervalued, limited-edition sneakers and sell them for a profit.
Since limited-edition sneakers sell out quickly, prices almost always increase immediately. I recommend starting by selling the shoes you already own.
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Release. If you’re one of the few who buys sneakers before they sell out, you can make serious money reselling them.
StockX will show you a chart of the value of various sneakers (although you’ll need to make sure StockX is legitimate). This will help you understand a
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