These 24 online business ideas can be launched quickly and easily. You can start making money online sooner than you think.
In recent times it has become easier for entrepreneurs to make money online from anywhere in the world. Entrepreneurs can even own multiple businesses depending on the resources they have. Some businesses are more capital intensive than others, for example, starting an online school with many courses will need the entrepreneur to invest in content from experts in various fields which is more costly than starting a single course tutoring site that the entrepreneur creates on his or her own.
The idea of starting an online business is exciting and more possible than ever before, but a lot of entrepreneurs do not know where to start. The most important step in starting a profitable online business is to find something you are good at and matches your skills and strengths.
Whether you are going into online business full-time or just part-time to supplement your income, your product or service should fulfill a specific consumer need.
Here is a list of 24 profitable online business opportunities with minimal start-up costs, that you can begin as soon as possible
Blogging might be a profitable business for you especially if you love writing or have unique or important information to share. We all know about Linda Ikeji and Instablog who specialize in dishing out the latest gossip in town. Very high traffic to these sites enables them make money through selling ad spaces and sponsored posts.
Starting a blog as a business is very simple with website builders like Weebly and WordPress, but to gain a steady following, you must continually write and produce high-quality content that provides value to your readers and gives them a reason to follow you.
It’s not that difficult to find out what makes you unique. Look out for compliments like, ” you are so good at cooking”, ” you know all the latest songs”, ” you know so much about hair”, “you have such a great fashion sense” etc. If you get compliments like these then you are in a good position to start blogging today. If you feel you are not good at anything then you can create a blog for someone who is an expert on a particular subject, for example, a Physics or Music Teacher.
It might take some time to make money using this business strategy but it can be very profitable in the end.
3. Online Fitness Trainer
If you are fit and you love working out you can help others reach their weight loss or fitness goals and make money in the process. Your services can include online training via zoom or Whatsapp, selling Diet & Fitness plans, selling fitness products like supplements and fitness equipment via social media, or an e-commerce website, consultation, and motivation. You can even sell other people’s products to your clients for a commission.
There is no limit to the number of clients you can get online. Referrals from Clients who you helped achieve their goals will get you more clients in the long run.
3. Social Media Consultant
Business owners are often too busy with the day to day activities of running their business to grow their social media presence. Some businesses don’t even realize the importance of social media.
As a social media consultant, you can help small businesses grow their online presence by helping them determine the best tactics, posting schedules, and content for their target audience. As they gain more followers and grow, so will your business.
4. Web Designer or Web Developer
With New Businesses popping up every day and existing businesses needing to re-design their websites, web design and development is a service that is in high demand.
If you are creative but have little experience in Web design or development, there are many resources online that can get you started today.
You can launch a service to build attractive, easy-to-use websites for small businesses.
As a newbie web designer, you can start off by building your own personal website in an attractive way and offering your services initially for free. You can then start charging after you have built a portfolio of your work and grow a network.
5. Digital Marketer
Most businesses are becoming aware of the power of ranking high on search engines like google but are clueless on how to achieve it. Using digital marketing, businesses can reach an enormous audience in a way that is both cost-effective and measurable.
Using techniques like Social media Marketing, targeted ads, and Search Engine optimization, you can help businesses grow their online presence which will in turn grow your business.
A greater online presence for your client will, in turn, lead to more traffic for his/her business which will give rise to more leads, sales, more referrals for you, and your client desperate to retain your services long term.
6. Online Courses
Constant strikes, poor infrastructure, and a drop in the standards of traditional teaching in Nigeria have all resulted in a boom in online learning. People are searching for more information now than ever before
Starting an online business that offers digital courses to anybody interested in the subject/course can easily earn you money – you can sell prepared written materials, past questions, or other downloadable content for a fee.
7. Online Writer
With so many online businesses including e-learning companies popping up the demand for online writers is as high as ever. If typing, or in some cases copying and pasting, is nothing to you then this is the right business for you.
All you need is a laptop and data and can you can start approaching these companies today via email notifying them of your availability.
For example, you can search for e-learning companies in Nigeria, visit their sites, and then send them an email describing your online writing proficiencies. You can charge higher if you have to help them proofread their work.
You can also start an online business with other writers through which people can hire online writing services.
8. Starting An E-commerce Store
You can sell anything online as long as there is a need for whatever you intend to sell. Some people are too lazy to visit a physical store and would rather shop online for a particular product even at a higher price.
If you do not have the capital to invest in products for sale you can help other businesses sell their products on your e-commerce website for a commission or profit.
To get your e-commerce business up and running, all you need is a website, with a hosting service and an integrated shopping cart feature or e-commerce software like woocommerce that you can design on your own or outsource. To simplify the shipping process, you can work with logistics companies like GIG Logistics to ship products to customers on your behalf.
9. Graphics Designer
Using computer software you can make a lot of money as a graphic designer by creating posters, bus wraps, billboards, business cards, packaging, logos, and marketing materials for businesses.
A level of creativity is needed to be a graphic designer but there are lots of different computer software out that can help make anyone a designer.
10. App Developer
Mobile applications are more popular than ever, with people willing to pay good money for ways to manage their lives from their smartphones. If you have a great new idea for an app and know how to code, you can run with it and create your app yourself. You can also become an app developer for businesses that need to create specific apps.
11. YouTube Channel
Starting an online education business is easy using YouTube. Upload videos of yourself educating viewers on any subject, whether beginner or advanced, and use social media to let more people know about your channel. As the number of viewers to your channel grows, you’ll be able to monetize your videos and make a profit from them.
12. Brand Influencer
This type of online business is a bit tricky because it will require you to have a social media presence (thousands of followers on Instagram, Twitter, Facebook, etc). Brands will pay good money to have you as their ambassador so they can target your followers for advertising purposes.
You can also make money via sponsored posts and ads. Growing thousands and hundreds of thousands of followers is not easy at all but it is definitely possible with consistency and creativity.
13. Handmade Craft Seller
Selling handmade items online is a great way to satisfy your creative side while running your own business
You can sell handcraft like beads, hair scarves, slippers, sculptures, art, home decor, jewelry, wedding-related products, natural hair products, bath and body products, and many more. You can establish a loyal and repeat customer base while working from home and on your own schedule.
There are various sites and marketplaces where you can sell handmade products online or you can build your own e-commerce online store as we mentioned earlier.
Here is a list of many more ideas for your online business;
14. Affiliate marketer
15. Online Gaming Business
16. Selling On eBay
17. Buying And Selling Domains
18. Social Media Marketing Expert
19. Resume and cover letter writer
20. Forex Trading Services
21. Teaching People how to Trade
22. Video Marketing Services
23. Selling Pictures online
24. Starting a Social Network