The internet and technology has transformed our lives in many ways. One of its biggest impacts has been in terms of opening new ways to make money online and here you find will the most profitable online business.
Gone are the days when doing a 9-5 job or running a traditional business were the only two options available for most people to make a living. These days there are several options to start an online business, which if executed well can generate a good income and accelerate your financial independence.
While there is no single route to start an online business, I have listed below the 7 basic rules followed by the most successful online businesses.
Profitable online business 7 Easy steps to start it
- Discover a need and also provide a viable solution to fill it.
- Design and create an attractive but easy to use website.
- Write a compelling copy that attracts potential customers / buyers.
- Take advantage of popular search engines and SM platforms to drive traffic to your site.
- Work to establish an expert reputation for yourself.
- Follow up regularly with your customers and subscribers by email.
- Increase your income through back-end sales and additional sales.
Now that you know the guiding principles behind the creation of any successful online business, it is time to decide on the nature of your online business.
It is true that with the large number of options available today, the choice can be quite difficult, but the best approach would be to identify your strengths first and then weave your business idea around them.
For example, if you love writing, you can try your blogging or write independently online. If technology is your forte, then you have options such as the development of websites / applications.
If you follow a healthy lifestyle and flaunt a fit body, you can try to start an online fitness training adventure, similarly if you have great skills with people, starting an online education / career guidance consulting seems like a good option.
There is something for everyone when it comes to starting a company or business online.
But if you are still confused, take a look at the 15 best online business ideas that I have selected below. If you find something you like or that you are good at, just go ahead.
Profitable online business best 15 ideas
1. Analyst Cosultant
Do you have a solid background in subjects such as mathematics, economics and / or finance? If so, this could be an excellent online business option for you.
In the digital age, companies and large corporations are increasingly looking for professionals who can analyze large amounts of large data for them. This is where you come in.
As a big data consultant, you will help them decode tons of data to reveal crucial information about buyer behavior, spending habits, geographic preferences and more, which they incorporate to adjust their business strategies.
2. Online store
The e-commerce sector is booming in India and you could be part of it. Now you have two options here.
You can choose to start selling online in popular markets such as Amazon, Flipkart, Snapdeal, ShopClues, Paytm or choose to open your own online store.
In the first option, you just have to load your products and the websites will take care of the rest, for a considerable commission, of course.
If you decide to open your own online store, you can create your own brand and will be responsible for everything from inventory, marketing to the end-user experience.
If that sounds a bit too much, you could use online platforms like Shopify to help you set up your own online store.
Are you a talented writer with some experience / experience in a niche domain (finance, technology, business, investment, cooking, etc.)?
If so, blogs can be an excellent way to not only share your experiences online, but also earn money with proven methods such as Google AdSense, affiliate marketing and paid advertising.
The amount of money you earn is directly proportional to the amount of work you do.
There are some bloggers who work in moderation and earn enough money to cover their living expenses, while others have made it their full-time occupation and earn an attractive life.
4. Language translation
If you have a gift for languages, starting an online language translation company is another option you might consider. You can start by browsing online platforms such as Fiverr or Upwork for tasks.
Once you have accumulated your confidence and a portfolio of work, contact popular bloggers directly to see if they would like your blog, translated into another language, to be a way to do it and earn good money with their linguistic talents.
5. Digital Marketing
Digital marketing involves the marketing of various products or services that use digital technologies on the Internet and digital platforms. If it’s something you’ve done or done well, you may have the key to a potential money spinner here.
While large companies already have dedicated teams to meet their digital marketing needs or outsource them to outside agencies, smaller companies and old-school businesses often do not enjoy the same luxury.
By outsourcing your digital marketing requirements to you, you can save on costs and be sure to compete on an equal digital platform with your biggest rivals, while you can choose your clients and earn money as a DM consultant.
6. Image Consultant
In the competi ittive world today, projecting the rightful image is everything for Experts, celebrities and businesses alike. That is why they are ready to disburse large amounts of money to hire someone with a proven track record in image management.
If you have previously worked in the public relations and / or celebrity management industry, it should not be difficult for you to drop some famous names and flaunt your knowledge of that industry to impress potential customers.
The most requested image consultants are those with a proven track record of success and an updated internal knowledge of the latest news and trends in that particular domain.
7. Accounting services
The proliferation of online accounting applications, such as QuickBooks and Xero, has now made it possible for accounting professionals to work in an accounting file from anywhere, at any time.
Which means you enjoy the flexibility of working with clients virtually, less the usual discomforts of commuting.
It is a trend that is rapidly prevailing in India, as many companies seek the services of virtual accounting professionals to maintain their accounts in exchange for a flat rate.
It is an excellent option for finance and accounting professionals who feel trapped in an office environment and want to work on their own terms.
8. Freelance writing
If you have a natural inclination and talent for writing, freelance writing could be your ticket to start a freelance online writing business.
As a freelance writer, you are expected to deliver personalized content ranging from blog posts and news articles to marketing-driven content that makes people take some form of action.
As an integral part of a company’s digital marketing efforts, freelance writers with the ability to write quality copies, optimized for search engines, are in great demand today.
It is not only a lucrative business idea, but it can also work remotely and help companies consolidate their position in the market.
Finding relevant independent writing tasks is not that difficult either. You can start by registering on dedicated websites such as;
9. Web Developer
With websites worldwide, a web developer is a person of significant importance. It would not be a mistake to say that, whenever websites are launched, the demand for a quality web developer will never cease.
A web developer is one who knows how to design a website from scratch. But to make this online business work, you must know coding, which takes time and a lot of hard work.
Any web developer who wants to enter the web development business should be familiar with the latest technologies, support frameworks and design trends.
But if you are ready to do all the necessary hard work, then you can pay dearly.
10. SEO Expert
Accordingly the website with the best SEO optimized content is usually in between the first few pages of related search on search engines.
While large companies have the advantage of dedicated SEO teams that ensure their website stays at the top of the search engine ranking criteria, most small organizations cannot or cannot afford this expense, which their larger Puts rivals at a distinct disadvantage. .
As an SEO expert you can come in contact with such companies and offer your services as an SEO consultant for the slightest obstacles.
This can be a great way for companies to level the playing field while making money and add more customers.
Starting YouTube channel is an excellent online business idea that can make you rich?
All you need to do is start a free channel to share videos using the YouTube partner program. Then, record unique / creative videos on a subject or topic that is good.
Finally, continue with a strategic promotion on popular social media platforms such as Facebook and Twitter.
If some of your videos go viral or get the minimum number of subscribers, Google (owns YouTube) will pay you to show ads on your video.
They can even show ads on their channel and get paid every time one of their subscribers clicks on them.
In short, the better your content, the more subscribers you attract and the higher the number of subscribers, the more you earn with YouTube.
12. Persornal shopping consultant
Are you a big fan of online shopping? Meet the latest fashion trends, colors and styles of the season. Can you tell the difference between a Versace and a Jimmy Choo?
Well, if you do, you could easily start your own online business of being a personal buyer and earning good money.
So what exactly is a personal buyer?
Well, a personal Buyer is a person who has a team of expert buyers who buy on behalf of a customer, who is too busy to do it himself.
Or, alternatively, share your recommendations from online experts on what the customer should buy based on their specific requirements.
In exchange for your sense of fashion and shopping experience, you can expect your group of grateful customers to pay you a lot.
13. Online Turtoring
Unlike a regular teaching job, becoming an online teacher does not need you to have a teaching degree or even teaching experience.
All you need to have is a certain degree of proficiency in any academic subject (such as math, English, science, Hindi, etc.), a laptop with a stable Internet connection and a form with children.
Time can also be quite flexible and money is not bad either, as some veteran online tutors charge up to $ 20 for a 40-minute online session.
14. Development of mobile apps
Let’s face it, a mobile phone without any of its entertainment and game applications is like a fish out of water.
Mobile applications are the most important reason for the growing popularity of mobile phones and people / companies are ready to separate with good money for new ideas.
So, if you have a great and fun idea for a new application and also know the coding, you can create the application yourself.
Alternatively, if you only have one exciting idea, you may consider collaborating with software developers who are always looking for the next great application idea for a phone or tablet.
15. Technical writing
Now, this should not be confused with the freelance writing mentioned earlier in this article. A freelance writer is primarily a creative writer who writes blog posts, news articles and other articles for a light conversational reading.
A technical writer, on the other hand, requires a totally different set of skills. In addition to being a good writer, you will need to have strong technology / technical expertise to write specialized content, such as user manuals, presentations, company reports and troubleshooting guides.
This commercial option offers the opportunity to earn a lot of money, since technology, BFSI, manufacturing and engineering companies are always looking for specialized technical writers who can meet their personalized content requirements.