Online business world has immense opportunities for you to earn from internet. Most of the offline businesses are moving online due to existing demand, which is an outcome of humans’ hectic life and expanded horizon. You can literally begin in any field of your choice that makes sense to certain set of customers. There are endless ideas, delivering flowers online, night food orders, tutorials, etc. And, if none of them suit you because taking pains of delivery, shipping, and all is not your cup of tea then too the options are endless. Following is a list of world’s best online business options, check them and learn which one will rake in maximum profits from an online investment:
The travel industry is on a high. Statistics globally show how travelling has turned out to be the topmost demand of current times. There are already many travel blogs, travel booking, flights hotel search and shopping websites doing quite well online. Despite that there’s a huge untapped market of travel, which can be a good business if you have enough resources to kickstart. Read more about how big travel business make money.
2. Local Search Portals
Local discovery has emerged as a bright option for entrepreneurs seeking a future online. With increasing access to internet number of people searching for professionals like makeup artists, gym instructors (and everything for that matter) has also increased. Websites like JustDial and Little Black Book are two examples of an established business and a successful startup from this field. You can also think of a niche like a local restaurant search engine or a spa/salon search portal.
3. Food Sector
A food ordering website is the best thing to start in any area. It has several options like night food ordering, food delivery in train, or a specific cuisine delivery. Just build a portal which lists all food businesses in your target area and connect with them fix a deal about how much of each sales made through your website will they offer you. Your income from a food ordering website will come in the form of commission.
4. Ecommerce Shop
Starting an ecommerce store is a very popular online business idea of this decade. This suits both, an offline retailer as well as a new entrepreneur. As an offline retile you can start online store to expand the reach of your business by selling your product to more people. And, if you are completely new to this world, you can start procuring stock that you wish to sell online and simultaneously work on creating an ecommerce shop where people can see your offerings and order them. The low investment and good profits tied to this business model (as compared to brick and mortar store) are the topmost reasons why ecommerce stores have become a rage lately.
5. Online booking
Online booking has no end. If you do not want to indulge in the calculations of shipping, returns and other affairs associated with product delivery business then you can invest in an online booking website that acts as a connecting point between end buyers and sellers/service-providers. There are many options in this sector, like cab booking, restaurant booking, etc. You can check for the existing need in your target zone and choose the audience geographically who you think are in the need of a booking service.
6. Social Engagement Platform
Building another Facebook is not a good idea but you can create a social networking website that target certain category like lawyers, doctors or counsellors. Users love socially driven websites and have one or the other reason to join a new social network. Offer them value and build a social engagement platform. It can be a chatting site, a forum, a question answer site or a community based portal where people of common interests get in touch with each other. Your major source of income from such a site will be advertisements. There are other ways to too monetize such a network for which you will first require to get more people on your platform.
7. Job Portal
After travel and food, jobs are the third big thing that can never get out of picture. So stepping into this zone of online businesses won’t involve much risk and prove profitable for years. There are various kinds of job portals but still the recruitment industry lacks organized structure. Viewing this pain point entrepreneurs have started focusing on niche based job portals like one targeting IT sector or hospitality industry only. If you too know about a certain industry, a certain nation/state that lacks such a portal, go ahead and create a one.
The online business ideas mentioned here differ from each other in the terms of cost and limitations of each business model. One thing that’s common among them is that all of them offer you an opportunity to start small to grow big steadily. It’s your turn to divulge which one fits the frame perfectly and start chasing your dream.