4 Online Business Ideas You Can Start Today
There is so much opportunity to create income streams online.
The internet, digital marketing, and eCommerce have provided entrepreneurs or anyone with the drive to do it, an opportunity like never before.
There are so many ways to create an online income stream.
Here are 4 of the most popular you can start with very little investment.
Pick one and get to work.
It’s not the ideas that make you money, it’s on how you execute the strategy.
1) Start An Affiliate Marketing Business
Affiliate marketing is partnering with brands that offer a commission as a reward for your endorsement and referral.
Affiliate marketers or resellers generally act as a middleman between customers and products.
As an affiliate marketer, you can earn commissions by referring web traffic and sales through their own promotional efforts using a coded URL or web address to track each referral.
There are thousands of products you can resell for a profit.
Many of the bloggers you read online are probably affiliate marketers.
I use affiliate marketing on this website to help generate a passive income and you can too. Here is another post on SaaS affiliate programs.
2) Start an Amazon Affiliate Business
The Amazon Associates program offers many ways to make money on the largest selection of books, music, DVDs, toys, electronics, kitchen, apparel, jewelry, tools that you can find on the Amazon website.
As an Amazon Associate, you can earn commissions on products and services that you refer customers to.
There are thousands of people earning a living doing this and you can do it too.
The trick is finding a niche and focusing on that. Do your research and learn the best way to profit as an Amazon Associate.
3) Start A Niche YouTube Channel
Some of the highest paid Youtube stars are earning over $10 million dollars a year.
Felix Kjellberg(PewDiePie) makes over $12 million a year playing video games and making jokes, Rosanna Pansino making $5 million as the Cupcake Wizard and Michelle Phan makes over $3 million a year with Makeup tutorials.
If you have a knack for being in front of the camera becoming a youtube star can be very profitable.
These people are at the top of the game but there is always room for new talent.
There are many people making a good living in smaller niche areas doing things as simple as teaching people how to draw.
If you have the talent for this, you don’t need to much. A good fast computer, a quality camera & microphone and video editing software.
4) Buy and Sell Domain Names
Buying and selling domain names can be profitable when done right.
There are stories abound of people buying domains $10 dollars 15 years ago and then selling today for millions of dollars.
The chances of this happening to most is low but there is still opportunities to make money buying and selling domains. especially since there are new Top level domain extentions like .travel, .legal and hundreds more.
The key to buying and selling domains today is about knowing your niche and what domains may be worth more than others.
Joe Styler over on the Goddady Blog wrote a great article on 5 tried-and-true tips for buying and selling domain names for profit.
So Many Opportunities
I hope these 4 simple business ideas you can start with very little investment peak your interest.
Pick one and get to work.
It’s not the ideas that make you money, it’s on how you execute the strategy.