The Brightest Business Ideas The Internet Has To Offer
Anyone caught in the hassles of commuting and fixed work hours and struggling to strike a work-life balance would have given internet business some thought. With thousands of web sites out there making you feel that with the aid of a computer, you are just a few steps away from success and riches in no time (What's more, from the comfort of your home), here's a realistic approach to the various internet business ideas out there.
Types of Internet Business Ideas
When you decide to launch a business, you'll be surprised at the wide range of different internet business ideas you can venture into. Some of the ideas are given in alphabetical order.
1. Affiliate Marketing: Promotion of other company's products and services on the website. With every sale made, you get a commission. Knowledge of the basics of internet marketing, sales copywriting, and pay per click marketing (PPC) are the necessary skills for this business. It is one of the fastest-growing internet business ideas today.
2. Auction Selling: There are online marketplaces such as eBay, Amazon, and Craigslist that provide auction selling and reselling services. You can, through drop-selling services selling used goods or buying wholesale goods. Skills in merchandising, sales copywriting, marketing, and customer service will help.
3. Blogging: Blogs are recent entrants into the world of internet marketing and have proven to work well. Through a well-written and niche blog, you can sell advertising like Google ads or incorporate affiliate marketing, and knowledge of web marketing, social networking, copywriting, and affiliate marketing helps with this internet business idea.
4. E-Commerce: E-commerce is about doing business online by selling technology-based products or services through your web site. Many of the internet business ideas fall under the broad umbrella of "e-commerce,"
5. E-Product Development: Authoring and/or recording e-books, audiobooks, and video programs. Some experience in e-commerce, lead generation, and direct marketing will help with this online business idea.
6. E-Zine/E-mail Marketing: Selling products through e-mail or selling a subscription to an e-magazine or e-zine. Experience in HTML, copywriting, sales, and direct marketing will stand in good stead in this online business.
7. Franchising: Franchises as internet businesses work similarly to their brick-and-mortar counterparts. You can host web directories of existing franchises and online business opportunities to help clients select the right business opportunity, fund businesses, and find the best location.
8. Freelance Services: Online services in design, content writing, copywriting, photography, and illustrations can be offered for a charge, depending on the contract term, either on an hourly rate or project basis. Trade-specific knowledge is a prerequisite for most freelancing internet business opportunities.
9. Internet Research: Online research services offered to law firms, corporations, small businesses, and entrepreneurs. An orientation toward customer service and librarian-style research skills are huge plusses for this business.
10. Membership Sites: A membership site is one where the customers pay to access the information you publish in your site's password-protected area. You can offer exclusive articles, information, or even a service (like software, games, e-books, or music). Experience in instructional design, presentation skills, lead generation, and creating information products can help turn this idea into a successful business venture.
11. Podcasting: Podcasting is a free service that allows internet users to download and listen to audio files (typically MP3s) from a podcasting website. Podcasting can earn you money by advertising, sponsorships, paid subscriptions and licensing. Public speaking/presentation skills that will help with the business.
12. Recruiting: Online recruiting is about matching people to jobs that companies are looking to hire. Once a hire is made, the company pays a fee usually commensurate with the candidate's compensation package. Networking, relationship building, and sales acumen are skills that will help with the business.
13. Tutoring: Tutoring students via the web. You could create websites that connect teachers and students to establish a secure networking chain and share articles, blogs, videos, and necessary details with them. The skill sets that will help are similar to those that a teacher will require.
14. Virtual assistant: A virtual assistant is a skilled professional who provides online administrative support and other specialized services to businesses, entrepreneurs, and executives. Apart from customer service, specialized skills in web design, graphic arts, technical writing, or good business management skills would be assets.
Remember that this is by no means an exhaustive list of internet business ideas, and you can select one or more of these and create your own business. One other thing to note is that unless specific to the product/service provided, none of these online business ideas require detailed technical knowledge.
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