There are many advantages of starting an online business over a traditional kind of business, such as being able to work from home and having a flexible work schedule. But what kind of online businesses can you start? If you want to start an online business but are looking for inspiration, here are eight different kinds of online businesses that you can start.
Blogging
While many blogs are created simply as a hobby, there are also plenty of blogs that draw enough income to be run as a profitable business. If you have a talent for writing and something to say, blogging could be a great choice for you.
App Development
Applications for smartphones and tablets can be extremely profitable. Even if you offer an app that you have developed for free, you can still make an income from advertisers if your app is popular! Some of the most popular apps are actually extremely simple. The great thing as well is that as the business world moves forward in becoming more and online-based, this opens up more opportunities for you. Why? Well, businesses that years ago would have solely operated out of a physical premises are now making their headway online. Take the betting and casino industry, for example. People can now dabble in horse racing betting online from both their desktops and their phones. This is an industry that is growing, and they won’t be the last one to make the transition; therefore, app development is a very popular business venture to consider.
Marketing
Whether you are marketing sites for online retailers or a small betting business, digital marketing can be a highly lucrative business to get into. Even if you do not start your own marketing business, learning digital marketing is valuable for promoting your own business.
Graphic Design
Graphic design is a unique discipline that combines an artistic eye with technical skill and marketing knowledge. Because this skill is so useful and valuable, graphic designers can make a lot of money from starting their own businesses and finding the right clients.
Writing eBooks or Courses
Do you have a skill that you could teach to people who may want to learn it? Whatever the skill is that you have, if you also have good writing skills, you could make a significant profit from creating and selling your own eBooks or online courses! If you are a writer of fiction, eBooks are a great way of getting your work published too.
eCommerce
eCommerce refers to any form of online retail, whether you are selling shoes, sweaters, or software. Starting your own online store can be a great business idea and can even help you to make money while you sleep! Although this business idea requires arranging suppliers and making an initial investment for stock, it can be very profitable for little work in the long term.
Photography
With mobile phone cameras getting steadily more and more advanced, there is no shortage of amateur photographers out there. However, that does not mean that there is no market for professional photography—in fact, quite the opposite is true! Amongst a sea of amateur content, there is a lot of demand out there for professional quality photography. Launching a website with a gallery is a great way to display your portfolio and attract new clients.
Influencing
You have probably heard stories about how much money some influencers earn. While these vast fortunes are usually reserved for the most successful influencers, many more people manage to make a reasonable living from being an influencer. If you have a reasonably large social media following, you could potentially be making an income this way!
