Have you ever asked yourself questions such as, “What are the online money making opportunities available to me?” This article highlighted top 10 online businesses you should consider this year.
Many people spend most of their time on different online platforms without knowing they can convert this time into money. Only few smart people understand how it works and make use of the opportunity to make money online. Some of them smile home with thousands of dollars on daily basis.
The internet is full with amazing online making opportunities. You can grab one!
Why it’s easy to make money online is because the people you are targeting spend most of their time on various social media platforms, so you can connect with them right from the comfort of your home.
SEE ALSO: 20 profitable businesses you can start with little amount of money
Below are top 10 online businesses you should consider this year.
1. Blogging
Starting a professional blog is one way to earn decent income online. Blogging is an act of writing about subject(s), and then publish it on a web page. A blog is an online informational web page where posts are typically displayed for people to see, read or interact.
Notice that Magazines and Newspapers are gradually becoming less popular. This is because blogs are much easier to access and more convenient. Many entrepreneurs who saw marketing potential in having a blog have delved into creating blogs for business. You can start your own blog and make money online. But if you wish to start a blog, it is advisable to begin on a niche(subject) you love. After you have done this, you can monetize your blog by applying for ‘AdSense’, so as your blog traffic increases so does your earnings. Although, there are others ways to monetize a blog.
Blogging also serve as a medium through which other businesses can be promoted. This is done through selling adverts spaces, freelancing, promotions of other businesses etc.
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2. Social Media
Social media platforms are another way you can make money online. While many spend most of their time on social media, only few know how to make money from it.
Are you aware that there are numerous high profile individuals and medium scale business owners who want persons who will manage their social media accounts?
Apart from making money online by managing social media for someone, you can also make money from social media by selling your products and/or services, promoting affiliate links, selling adverts space, promoting businesses etc.
3. E-Commerce
Building online shops to trade goods is another way to make money online. This is also known as online shopping or drip shipping. One of the richest men in the world, ‘Jeff Bezos’, are into this business. His online shop is called, ‘Amazon’; that is where he makes most of his money. To start this business, all you need is a website where to display products available for sale, and then meet more people to buy or display their products.
If you cannot afford a website to start this business, there are a lot of websites where you can display and sell your products. Examples of this websites are; Amazon, Konga, Jumia and so on.
4. Website Design
This is another way to make money online, but it requires a knowledge of coding. Don’t worry you can learn this skill through Udemy or YouTube. There are many individuals and business owners who need website designers to create their websites. If you have interest to make money through this, a good way to start is to learn web designing. You can also become a freelancer, and make money from websites such as Fiverr, PeoplePerHour, Upwork etc.
5. Online Teaching
Let me ask you, “What do you know how to do very well?”
If you know how to do some certain things very well, like; cooking, web design, programming, Search Engine Optimization, Maths, Physics, Digital Marketing, Make-up and so on, then you can make money out of it by teaching other people. What you need is to make a short video clip of about 5 – 15 minutes teaching how to do that thing. After, upload the video to online learning platforms such as Udemy, Skillshare, Teachable and so on. These websites would pay you for each student that enrol for your course.
6. Selling Photos
Do you know you can make money online by selling photos? Photo sharing website like Shutterstock allows you to upload pictures, and you’ll earn when people download your pictures. A great way to begin is to get a smart phone with good camera, then take pictures of things of interest and upload them to Shutterstock.
7. Forex and Crypto Trading
Maybe you have heard about forex trading or crypto currencies before. Although, making money through this way is risky as you may lose your money in the process. Forex trading is still among the best way to make money online. This trading involves buying of currency at lower prices, and then wait and resell when the price rises. It is advisable to learn about this trade very well before you invest your money.
8. Social Media Marketing
This is another way to make money online. Social media marketing involves leveraging traffic from social media to increase sales and profits. Generally, it is the use of social media platforms to promote a product and/or service. You can become a social media marketer and make money online by using social media platforms such as Facebook, Twitter, YouTube, Instagram, WhatsApp etc to promote businesses.
SEE ALSO: How to make money online without paying anything
9. Affiliate Marketing
This is one of the most popular ways people make money online. It involves promoting other people’s (companies) products, and earn percentage or commission for every sale made through your promotional link. To start this business, you don’t need to have your own products. All you need is to sign up with affiliate networks, after which a promotional(affiliate) link will be given to you by the company. Display this link on social media or on your websites. If someone followed the link to buy a product or subscribe for service from the company you are affiliated to, you’ll be paid your own percentage. To be successful in this business, you need to focus on a particular product. This would help you make name, so that when you make recommendations, people will trust you. These are some affiliate networks you can sign up with; Amazon, Jumia, Konga.
10. Mini Web Hosting
Every website needs to be hosted on the web space. And now people have started seeing the benefit of online marketing, therefore, many want to make their business accessible online. You can make money online by starting a mini web hosting, and have many people who want to host their sites as your clients.
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Summary
Top 10 online businesses you should consider this year
1. Blogging;
2. Social Media;
3. E-Commerce;
4. Website Design;
5. Online Teaching;
6. Selling Photos;
7. Forex and Crypto Trading;
8. Social Media Marketing;
9. Affiliated Marketing;
10. Mini Web Hosting.