List of 20 Online Business, Anyone can start in 2021
Starting an online business, you can make a lot of money from the comfort of your own house without having to go through any additional burden. Just by setting aside a part of your day which you will dedicate to your enterprise, you can start earning immediately.
The innovative advancements in technology have made it possible for us to run full-time businesses online. This would not have been feasible just a couple of decades ago.
The very first stage of opening your online business is to find a great business idea that can match your skills and expertise. Here is a list of twenty business ideas that you can start immediately.
1. Affiliate Marketing
An affiliate is a person who receives a commission for each sale he/she facilitates for other companies. In affiliate marketing, you do not have to develop your product.
You can sign up as an affiliate to sell specific products using your special referral links. Commission ranges from product to product and also depends upon how many product sales you have generated. If you know how to make money making a blog or website and register in different Affiliate Program to get started.
2. App Development
Nowadays, mobile applications are more popular than ever. If you have great ideas that can be integrated into mobile applications, you can start the business of app development.
You can either hire someone else for coding or you can do it yourself if you know how to code. You can offer app development for businesses that need to create specific Android or iOS applications.
There are plenty of software engineers and programmers that you can hire to construct your team of app developers. You can work as an App Developer on various online platforms such as Fiver, Trulancer, etc.
Blogging is a viable online business opportunity that allows you to choose a niche that is best suited for you. With blogging, you can make money through advertising, affiliate links, and much more.
Through blogging, you can earn money by doing what you love. You can work from home, at your own time and there is no limit on how much money you can earn through this.
Bloggers around the world are making six-figure incomes. While you can start a blog in less than 30 minutes, you will need to work on it diligently to make it a success. You can either buy your domain or link your domain with Blogger. Learn how to create money making blog step by step in 2021.
4. SEO Consultancy
If you know how search engines work and also have the technical skills required to operate on platforms like Google Ads and Google Analytics, becoming an SEO consultant could be a lucrative choice for your online business.
Search engine optimization can have a substantial impact on many small and medium-sized businesses. You can use this to your advantage and earn by helping others transform their websites and increase their conversion rates.
If you are good at marketing, you can use your skills to show business owners the benefits of using SEO-optimized content on their platforms. You can work as an SEO consultant at Upwork, Freelancer, and Fiverr.
Copywriters can perform their services for blogs, websites, advertisements, product descriptions, press releases, and much more. Success in this business depends on having a talent for writing exquisitely and building excitement in your audience.
The demand for copywriting services is excellent because most business owners do not possess this valuable skill and need someone to do this for them. You can also build long-term relationships with a handful of big clients.
The fess you charge for copywriting may vary depending on the type and scope of the project. For copywriting, you can work at Scripted.
6. Web Designing
If you know how to design websites, you can start this business with a potentially broad client base. If you have got an eye for design but no formal web design training, you can still get into this industry with a good portfolio.
This business can be run from anywhere having internet access. There are no specific educational requirements and your portfolio is going to be everything.
Everything is shifting online, so the need for web designers is not going to disappear anytime soon. The best platform for starting your web designing career is Upwork.
With drop-shipping, you can sell products to customers, set product prices, and market your brand. E-commerce sales accounted for nearly 3.5 trillion dollars worldwide in the last year alone.
This is what makes starting this business an increasingly lucrative option right now. In this business, once you confirm a sale, your supplier will ship the products from its warehouse to your customer’s doorstep.
You do not have to worry about storing, packaging, or shipping your products. You can work at Magneto for starting your own drop-shipping business.
8. Stock Photography
Through stock photography, you can sell your photographs to a marketplace. You can take numerous types of pictures and upload them to these sites to generate revenues every time someone purchases them.
You can also analyze which type of your pictures sell better and then you can adjust your photography strategy accordingly. This business is a great choice for people with a passion for photography.
The best way to earn more through this is to keep an eye on social and business trends and respond to market demand in your work. You can sell your stock photographs on multiple platforms including Getty Images, Shutterstock, and iStock.
9. Social Media Consultancy
As a social media consultant, you can help small businesses determine the best tactics, posting schedules, and content for their specific audience.
Many platforms have huge consumer audiences, but businesses do not realize how big these social platforms are and how effective they can be for their brand.
As a consultant, you would help others evaluate their social media plans and determine a strategy for their accounts going forward. The best way to offer social media consultancy services online is to have your website or blog.
10. Virtual Assistant
Businesses and professionals can often use the help of an individual to manage tasks like checking emails and updating social media accounts.
Virtual assistants can provide a wide range of services to businesses. Instead of reporting to an office every day, you can offer your services online. You can have flexible hours that are shaped by your schedule. In this business of being a virtual assistant, there is high earning potential.
Through this, you can work with a diverse group of clients. It would be better if you do not limit yourself to any specific niche. As a virtual assistant, you can offer your services at Fiverr.
11. Online Teaching
You can start an online teaching business to earn extra income in your spare time. The only thing you will need is to be skillful in your area of expertise. While starting an online teaching business, you will have to give up a few hours each week.
If you are good at what you do, you can also conduct lectures, seminars, or webinars that are available online for anyone to attend. University and college students are always willing to pay good money to gain access to high-quality educational content. You can start selling your online courses at Udemy.
A podcast can be used as a great way to generate revenue through online business. As your podcast grows in popularity, you can provide paid sponsorships to different brands or you can also sell your products or services.
Through a well-managed podcast, you can earn the trust of your listeners, which makes them more likely to buy what you have to offer. You can also earn money by offering paid access to ongoing podcasts, bonus material, and extra episodes. You can upload your podcasts on YouTube, Podbean, BuzzSprout, or Soundcloud.
13. Videography / Video Blogging
YouTube is one of the world’s most popular websites, with more than 2 billion users watching hundreds of millions of hours of videos each day. You can use this extremely huge user base to your advantage. Instead of hoping to get a viral video, you should follow a proven strategy for maximizing views regularly.
You will have to create something that engages your audience. Just like blogging, you can select the niche you want to work in. You can make money through ad revenues, paid promotions, and YouTube’s monetization features. You can upload your video content on YouTube, Twitch, or Vimeo.
14. Stock Trading
Stock traders buy and sell stocks in fluctuating markets to generate profits. The aim is to purchase shares at a low price, hold them for a short period and then capitalize on market changes to sell them on for considerable profit.
As a stock trader, you can use different platforms for this. Trading stock online will lower your transaction costs as compared to when you do the same through a brokerage firm. You must keep in mind that it is a highly risky business that requires substantial research and knowledge. Fidelity is one of the best platforms to start a stock trading business.
15. eBook Author
If you have a talent for writing books, you can write your eBook and get it published on online platforms like Amazon. You can either write these eBooks yourself or employ writers for this purpose.
With selling your books online, you won’t have to rely on an editor or publisher telling you whether a book will be published or not. This way you can be in complete control of the entire process.
You can create your website for selling your content but working through a third-party site can be much easier. You can publish your eBooks on Amazon, eBooks, or Kobo.
16. Tech Support
Starting a business in online tech support, you offer your skills as a technician and specialist. You can work with brands, companies, and individual clients to solve their technical problems through any available online mediums.
If you have the required knowledge and experience of working on computers and networks, you can offer remote technical assistance. Computers are a primary tool used by a majority of businesses.
Your tech support company can provide support for its clients on an as-needed basis. Upwork is the best platform for offering such services.
Telemarketing is a method of direct marketing where sales-people contact potential customers by phone. It is a way of building up a prospective client base for companies, generating leads, and advertising.
You can offer both businesses-to-consumer and business-to-business marketing services. You can either provide in-house telemarketing or use the services of an existing marketing company.
Interactive voice response can also be used as a way to increase the call volume of your telemarketing company. You can use any telemarketing software to start this business.
You can build a business as a proof-reader or editor for various companies, brands, authors, and other clients. Your customers can send you their work online and you can send the completely proofread and edited version back to them.
For starting this business, you must have a strong command of the language, grammar, and punctuation.
Depending on your clientele, you might need to review books, magazine articles, web content, ads, packaging, assignments, or any other form of written documentation. You can work at Proofreading Services as a full-time proof-reader.
19. Fashion Designing
The fashion industry brings in huge profits with more and more designers selling their products online. As a fashion designer, you can sell your designs for products such as shoes, clothing, and accessories.
You can start by selling designed T-Shirts to minimize overheads and start-up costs. Selecting a simple product keeps your business profitable.
Once you have acquired a decent amount of site traffic or a loyal customer base, you can then consider expanding to other products. You can upload and sell your designs on Goodsie, Shopify, Big Cartel, and Boticca.
A transcriber is someone who converts recorded speech into a text document. By starting your transcription company, you can work with clients in law firms, medical firms, and trade associations.
However, depending on your area and any fields that you may specialize in, your ideal customer types will vary.
The exact payment agreement will have to be negotiated with your client before you start transcribing any document. As a transcriptionist, you can work at Quicktate, Scribie, or TranscribeMe.