Thanks to the internet, people no longer need to own a brick and mortar business before earning some income. You can now run one or more online businesses right from the comfort of your home. So if you are the type that prefers flexible work hours and love to be your own boss, this is the right job for you.
Home-based online businesses are also resistant to sudden outbreaks like the recent COVID-19 crisis. And you can be sure of earning a huge amount of money if properly done and managed. In addition, online businesses are not restricted to any age. Even kids are making money online today.
In this article, we have compiled 9 profitable online home based business ideas you can start right away.
Profitable Online Home Based Business Ideas
#1: Affiliate marketing
This is no doubt, one of the most popular online business ideas we have around today. With affiliate marketing, you can earn good cash from promoting other people’s products or services. Many companies out there are looking for people to help recommend their products. And that’s what you will be doing here.
If reviewing products is your thing, affiliate marketing a good shot for you. You can create a niche website and promote other peoples’ products on it for a commission. To get started with affiliate marketing, you can join platforms like Amazon, Hostinger Affiliates, or ShareASale.
#2: Blogging
Blogging is another profitable home-based business you can delve into. It is a great way to earn extra cash online by sharing your knowledge and interest. You only need to choose the right niche and get good keywords tailored to a sizeable audience.
Once your blog is up and running, start writing quality content to engage your audience. You may also need to learn some digital skills to up your game in blogging. You can make money from the blog using various means of monetization.
#3: Sell artisan products online
If you have a gift for crafting, this is a perfect chance for you to sell your products. If you create unique products, people will be willing to pay for it. And with time, you can scale up your price and business.
To keep the cost down, you can start with a home store and buy materials in bulk. However, ensure you have the right target audience in mind when creating your product. You can then leverage on sites like Instagram, Etsy, and eBay to market and sell your products. You can as well start your own online store to gain full control over your operations.
#4: Start dropshipping business
Looking for the best online home-based business idea, dropshipping is indeed one of them. Unlike a typical online store, dropshipping allows you to have and run an e-commerce site without the stress of managing stocks.
You only need to partner with wholesalers to label your products under their brand. Any time a customer makes a purchase from your store, you will inform the company, and it delivers the order to your customer on your behalf.
Dropshipping is very easy and affordable to start. All you need is a laptop, a website, and access to directories of wholesalers like AliDropship and SaleHoo.
#5: Be a YouTuber
Why not become one of the video creators on YouTube and enjoy the huge audience reception the platform receives daily? With more than 2 billion users on YouTube, there are many niche markets you can explore.
Create a channel based on the results of your market and keyword research. Create quality video content on your channel and monetize those videos. There are many ways you can monetize your videos. This could be through affiliate marketing, products, endorsements, or Google Adsense.
You can also sell your own products, especially if you can offer online lectures or coach on the platform.
#7: Web development
As the work is moving online, the demand for web developers has also increased. Many companies and entrepreneurs hire developers to get their online presence up and running. However, you will need to have adequate expertise and skills before you can go into this.
If you don’t have website development skills and still want to offer the service from home, you can invest in learning the skill first. Platforms like Codeacademy and Treehouse are a great place to get started with that.
Once you have the skill, create a portfolio for your web development projects, and start earning big.
#8: Application development
Just like websites, apps are also in high demand today. Therefore, app development is one of the best online home-based business ideas you can try.
Think of unique apps like Flush. It is a toilet finder app that tells you the nearest bathroom to you in case you need one.
If you have app development skills, you can make money from it developing apps from home.
#6: Online coaching
Do you have special experience or skills to share? That could be a perfect avenue for you to make some cash online. You can start a coaching business from the comfort of your home. And being online coaching means you can get clients anywhere in the world.
Choose a topic you know you have in-depth knowledge of and talk about it. Some popular topics include self-development, nutrition, dating, spirituality, business, and more. You can take things to the next level by adding a free ebook to your service. That will make you stand out from others and also help you generate more clients.
#9: Amazon kindle writer
If you love to write, then consider publishing a book on Amazon KDP. It is a great online business idea for people who love putting their thoughts on paper.
Getting your book up on Amazon is very easy and straightforward. So you can start making money from your books in no time.
However, you need to know that Amazon will be keeping a portion of the amount you sell your books on their platforms.
Final Note on Online Home Based Business Ideas
The internet now offers a wide range of advantage to anyone that desires to own online business from home. You can start your own business without leaving your home and at little or no cost. If you have also suffered some sort of disappointment due to the COVID-19 crisis, starting an online business will be a great decision for you.
Check through the list again and choose anyone you think is best for you.
