If you are looking for ways to make money online , knowing which are the most profitable online businesses is a starting point to start. Likewise, it is essential to pay attention to the news in the digital world and the transformations of this niche, in order to take advantage of its full growth potential.
In this article you will find 20 online business ideas so that you can start selling online today. Take note of the options that best suit your interests and encourage yourself to develop your digital project.
What is online business?
Online businesses are ways to start and earn money in the digital market . From virtual stores to content production, there are countless possibilities to gain space in this market, which, although very competitive, is quite promising.
There are many challenges you have to face, however, if you know exactly what you want to do and in what field you want to work, it is easier to achieve your goals. Remember also that, as in traditional commerce, betting on an online business implies a series of responsibilities.
With good practices and well-designed strategies, the success of your brand is possible and that is what we will talk about in this article. 😉
19 online business ideas
The best way to start is by knowing what the options are available in the market. Here we gather 20 online business ideas that can be quite profitable.
Let’s get started! 😎
1. Create an online store
Buying online is an increasingly common practice for Argentines, whether to purchase clothing, accessories, electronic products or personal care. Therefore, if you are thinking of selling online , having your e-commerce is an excellent option.
The relevance of electronic commerce in the region is irrefutable: according to the prestigious North American research company eMarketer , 38.4% of the population over 14 years of age in Latin America are habitual online shoppers , was the commerce market. Fastest growing retail electronics worldwide in 2020 at 79%.
- Unified management : with your e-commerce you can manage all the logistics of the business in an integrated way;
- Brand presence : in addition to having access to your products, your customers will be able to relate to your brand, and this will translate into an increase in your income;
- Improve the customer experience : when buying from an e-commerce, the customer can see the product, quote the shipment, make the payment and follow the status of the order, all on the same website.
2. Sell on marketplaces
The marketplaces are practical options for those who want to sell online, but do not have the time and resources to invest in their own shop. However, this is still a good strategy, since they are sales channels that can be quite profitable.
The marketplaces popular as eBay and Amazon are a big customer traffic. For this reason, if you are thinking of entering the digital world little by little, starting in one of these channels may be the way to find your space in e-commerce.
Some benefits of marketplaces are:
- Infrastructure: they offer everything you need so that you can publish, sell and receive payment in one place;
- Visibility: thanks to the popularity of marketplaces like Mercado Libre, your products can reach a large number of users;
- Low investment: except for the transaction fees charged by some channels, selling on a marketplace does not require large investments.
3. Open a franchise online
Franchises are businesses that operate through a concession system, where the owner of a brand assigns the right of use to other entrepreneurs to replicate it.
In this system, not only the brand name is granted, but the entire business model, products, services, etc. As with traditional franchises, such as McDonald’s, for example, when we talk about online franchises, the processes are developed in a similar way. The difference is that we are talking about totally digital businesses.
Take a look at some of the advantages of working with online franchises:
- Support from the franchise network: when investing in a franchise, you can count on the support of the central network with training, consulting, etc .;
- Work home office: as a job is completely online, you can choose to do it from home;
- Guaranteed return on investment: betting on a franchise that is already consolidated in the market, allows the return on investment (ROI) to occur faster.
4. Do Dropshipping
Do you want to sell without having your own stock? Then you can dropship , a strategy allows you to sell products without having to store them yourself.
If you choose this option, you have to establish a contract with the suppliers who will be responsible not only for supplying the products, but also for storing and shipping them directly to your customers. In this case, you are responsible for aspects such as disclosure, sale and customer service.
5. Sell services online
If you are a service provider (lawyer, financial advisor, personal trainer, etc.) you can sell them over the internet. By creating an informative website that conveys confidence and professionalism, you can attract customers in the virtual environment.
The first step should be to analyze how your service can be attractive on the internet. From there, you need to define your brand, identify your target audience and design strategies to reach them.
An important tip is to stay in constant contact with your audience, especially through social media. The more information your audience has about you and what you do, the more likely they are to hire you.
6. Resell products
A very common practice in traditional commerce is to buy products in bulk for resale. This model tends to be very profitable, since, by negotiating with good suppliers, you can buy the products at lower prices and make a profit on reselling.
If you prefer this option, you can find clients on the internet through:
- A virtual store: with your e-commerce you can create an online catalog and promote your products;
- A marketplace: publishing your products in a marketplace can be a great strategy to reach customers who are looking for exactly what you sell;
- Social media: Instagram and Facebook have proven to be great sales channels , so promoting your products there can be very promising for your online business.
7. Sell imported products
Selling imported products is a practice that can be very profitable if you have good suppliers and find the right channels to spread your pieces.
8. Work with affiliate programs
The affiliate program is a very popular sales and promotion model for both offering products and services. It works as follows: a seller associated with your brand begins to promote and sell items from your catalog and, if they make a sale, you pay them a previously agreed commission.
For example, if you have a cosmetics brand and you would like to reach customers located in distant provinces, it is possible to use this strategy for affiliate sellers to promote and sell your products in all corners of the country. In this way, you will expand the scope of your business and, consequently, your average ticket will increase.
Due to the popularity of digital content, the production of materials for online channels has become a very promising business. In the digital world, there is an audience for everything: from video games and product reviews to reactions to music releases.
If you sell online, you can add streaming to your strategy, as many consumers look for videos with product reviews before buying . Therefore, streaming videos with details about your articles can help you get more customers and increase your conversion rate .
In addition, streaming is a way to gain authority on the internet. Currently, platforms such as YouTube, Facebook, Instagram and Twitch receive high user traffic. Identify which one or which of them your audience is in and invest in the correct format .
10. Produce content
If you consider that you have skills creating texts, videos, infographics or any other type of content that can be digitized, you have the opportunity to earn money with it on the internet.
Blogs and even social media content can generate huge traffic if you reach your audience assertively. In this way, you can turn your materials into a profitable business.
Some options to reach your audience through content production are:
- YouTube channels;
- Podcasts ;
- Blogs ;
If you have an e-commerce, betting on content-oriented strategies is a great way to attract visitors to your store . By providing quality materials, your users trust your brand and may feel more motivated to buy from you.
11. Make investments
Advertisements about online investment programs are more and more frequent and many of them are, without a doubt, quite attractive.
However, when it comes to money, you have to take the necessary precautions. To start making investments online it is important to take into account concepts such as:
- Security and profitability;
- Frequency of investments;
- Amount available to invest.
In addition, it is essential to know what your investor profile is and look for a trusted institution or financial advisor. In this way, you will be able to invest more safely and, who knows, make a profitable business with it.
12. Develop applications
Due to the relevance of smartphones, application development can be a gold mine. However, to work on this type of project, it is necessary to have a series of technical knowledge .
If you have an idea and think that it can make people’s lives easier in some way, this could be your great opportunity. If you can’t develop the app yourself, hire developers to make your project come true.
In channels such as LinkedIn it is possible to find professionals trained to develop and maintain the tools. From there, it is just a matter of investing in the creation of the application.
13. Develop websites
Whether it is to sell online, to create a news portal or a blog, keeping an active and up-to-date website involves a lot of technical work. So if you have the necessary knowledge to create web pages, you can make this skill a profitable digital business .
Take advantage of this great opportunity because, although there are quite intuitive software to develop a web portal, most people feel more comfortable with the help of a professional .
14. Give online conferences
If you specialized in a specific field or have experience in certain fields of study, you can turn your knowledge into a good bargaining chip .
Online conferences or talks have been gaining more and more viewers and this opens up a range of opportunities for professionals from different areas to explore this format.
For this business model to be profitable, you need to understand which topics have the most potential to attract more users . In addition, it is important to invest in the dissemination of your conference, since the number of participants will determine your profit.
15. Graphic design
Graphic design is everywhere, it basically defines everything we see on the screens of our devices. For this reason, the demand for work is recurrent and, if you are a web designer, the virtual environment can offer you great opportunities.
From blogging and social media pieces to website customization , there are many ways to make money from web design. However, you need to make people know and trust your work.
To do this, you have to invest in a good portfolio and a professional profile that provides the necessary information so that the public knows your work. Thus, you will achieve more authority and trust, which will translate into attracting more customers.
16. Social media management
Today, companies of all sizes use social networks to sell, spread their marketing actions and offer customer service. In this scenario, job opportunities arise for those who know how to manage networks such as Instagram and Facebook.
However, it is not enough to know how to access the networks, it is necessary to have a deeper knowledge about the usability of each tool. In addition, channels like Instagram, for example, have several functions, so it is important to know all of them.
17. SEO Consulting
Search Engine Optimization (SEO) – search engine optimization – is a fundamental practice for companies that want to stand out in the digital marketplace. Through SEO, it is possible to produce content focused on a target audience and attract as much organic traffic as possible for the brand.
Good SEO practices also include a series of technical questions that will help content rank better in search engines like Google . By doing this, the reach of your pages can be greater, making more users know about your brand.
If you have knowledge in this area, you will surely find companies that are looking for professionals to take care of their SEO strategies.
18. Give private lessons
Distance classes became a necessity due to the COVID-19 pandemic and this trend is likely to continue for specific cases such as private classes. Therefore, if you have any specific training – in advertising with Google Ads , for example – you can monetize your knowledge by teaching online.
As in the case of conferences, it is important to think of ways to find your audience and gain their trust. People are looking to hire professionals who, in addition to being highly qualified, are trustworthy and well evaluated.
We suggest you keep your social networks updated and active, constantly spreading content on topics related to your specialty. In this way, your followers can come to see you as a reference on the subject.
19. Make translations
Finally, if you master a language other than your native language, you can offer translation services. Although there are several online tools for simultaneous translation, many companies prefer to have qualified people for this service.
Using your knowledge as a work tool is a great way to become a digital entrepreneur. However, and as we said throughout this post, identifying where your audience is and working on ways to reach it is crucial to being successful in the online marketplace.