13 Lucrative Online Business Ideas to Consider while Starting an Internet Business

I would like you to note that, there is more to these ideas you are about to learn as they are not explained in detail. If you want to start on any of the following, I would recommend you read extensively about them for better understanding. But in the mean time, below are some very lucrative businesses you can start online and make money for yourself.

#1: Online Classes/Teaching:

If there is a skill, or know-how, or special training you have, you can setup a website using simple tools and or WordPress learning management theme or plugins and offer such classes for sale. I see this as a very lucrative online business strategy.

#2: E-commerce Store:

These days’ people are looking towards the internet for their shopping activities. It’s up to you to tap into this opportunity by simply setting up an online store targeting a particular demography or product, as it may be very difficult for you to build a mega store to compete with the big players if you are not heavily funded.

#3: Mini Importation Business:

Yes, you’ve probably seen many people talking about this all over the internet. You can actually stay in the comfort your home, buy some stuff from some stores overseas and have it delivered to you while you resell with a very high markup. You can by e books explaining this business strategy or you approach people who are into this venture to learn more.

#4: Web Hosting Reseller-ship:

This is a very lucrative online business model but you need to come up with smart ways to survive in it because the competition is fierce. A good way you can run the web hosting business is to target a market segment, just like WP-Engine is targeting WordPress users. There are several resources you can find online to learn more about this business.

#5: Freelance Writing/Content Creation and Marketing:

If you can write, or if you can learn how to write… OK, better put, anyone can learn how to write… You can really make money writing online. Many websites are out there willing to pay you to write for them. Just carry out your own research and keep learning.

#6: Freelancing your skills.

You can freelance your skills on freelance websites and make money. Though this is getting more competitive these days, it’s actually worth it. Many people are earning 6-7 figures monthly on these freelance sites. Whatever you can do, there are places on the web you can sell the skill/service for a fee. Be it logo design, graphic design, anyone. Websites like Gigbucks and Fiverr could be very helpful to you.

#7: Self- Publishing Your Own Books on Amazon

This is a very easy business and very profitable. These days you don’t even need to strive to write the book. You can buy some PLR books for very cheap amounts and re-write it and viola; you’ve got a breakthrough book you can boldly say you wrote. You can do this and publish it on Amazon, Fiverr, OLX and other websites

#8: Become an Apps Developer Even Without Learning Code

People are willing to pay good money for ways to manage their lives from their smart phones. If you have a great idea and happen to know coding, you can run with it and create your app yourself. But if you just have an idea, there are plenty of software developers looking to collaborate with people on app creation.

An online course on Udemy on app creation could get you started in a few hours from now, even as a newbie.

#9: Affiliate Marketing

Affiliate marketing is easy and also difficult. It’s easy because you can start without a single dime. It’s difficult because that’s probably where you have the worse kinds of deceit, information overload and fake gurus. It is another easy way to make money from home by promoting someone else products and services on social media platforms or portals or through your own blog and earn huge commissions in return. Most of the top brands usually pay between 10% -30% commissions to their affiliates. 

#10: Review Sites

A review site generally reviews the new products and goods of some top companies and gets rewarded a fixed return. It is not compulsory whether you write about its qualities or not, all you need to do is to write a good and true review. SponseredReviews is currently one of the top networks where you can opt to write reviews for companies.

 #11: Website Design

Some years back designing and developing websites was considered something difficult but nowadays even it has become very easy to own your own website design company. All you need is some sort of designing skills by learning Adobe Dreamweaver or Microsoft Impressions. Web designers who want to start an Internet business have an edge - they can showcase what they can do right on their own website.

#12: Desktop Publishing

Mastering software, meeting deadlines, and making yourself known are the keys to launching a desktop publishing home business. A desktop publisher who provides services online has a much broader market to work with. Additionally, working this business online allows you to show prospects samples of your work and to publish testimonials from your satisfied clients. You can simply choose to specialize on providing specific services or offering services to specific markets according to your interests. And, some of the ordering and delivery tasks can be handled directly through your website.

#13: Blogging

Yes, am sure you must have heard or seen on so many other blogs or websites that Blogging is not a get rich quick kind of business. But it’s the smartest way to build a community of people who will help you to get rich at the long run. This I must say is nothing else but the truth, it is just a matter of being patient, consistent, honest and also working towards adding value to lives through you postings. A point to note is that you need a strong fan follower and good amount of traffic before you actually make money into your pockets which actually is not that difficult if you do it properly. You can set up your own blog for free using Blogger or WordPress platforms after which you can now start posting ‘relevant’ articles. With your personal blog, you can transact all the businesses mentioned above and make your money.

Good Luck!