Actionable Online Business Ideas for 2020

 

Are you looking to start a business online? Or perhaps you want to supplement your nine to five with an online venture on the side. Even if you are just toying with the idea of making money online, then let me tell you there are several avenues you can take to accomplish your goals. With a little bit of work and some dedication you can easily create an online revenue stream that will keep paying dividends over time. Online business is an opportunity to turn your passion into income. There many websites where you can sell your art. If you are a graphic designer, illustrator, artist then you can open your own shop on Printshop by Designhill and can sell your talent worldwide. There are millions of people waiting for cool custom t-shirts, custom print products, logos, and more!

  1. Life Coaching

Everyone has a vertical that they are the most accomplished in. Maybe you are someone with great family values, or someone who has been on a weight loss journey. You could also be extremely athletic or great at dealing with relationships.  The idea is to help people deal with unresolved issues in their life and empower them to achieve an optimal outcome. Life coaches are not therapists, they do not need to have any qualifications other than expertise in their niche. Life coaches help individuals gain a better perspective. If you feel that you are someone who can offer this sort of guidance, then this could be the right choice for you.

  1. Blogging and Search Engine Optimization

The world revolves around websites. Every company, big or small, national, or global, must have a strong web presence. This also applies to individuals who want to earn money online. As an example, there are several mommy bloggers who speak their mind online, offer genuine advice and end up making a business out of their blogs. Along with ad revenue, they also generate affiliate income recommending products and services which help solve common problems faced by their readers.

Then there are online marketers who build review websites and generate a ton of money by focusing on a niche and earning commissions through the Amazon Associates Program. If you are interested in learning more about how search engines operate and if you would not mind writing content and building websites, then this is a viable choice to make some passive income. You can also visit Bizfundinghub for more tips on having your business online.

  1. E-commerce 

In the last decade, online shopping has grown like no other sector. It is easier than ever to order stuff online and at the same time benefit from discounts and sales on products in any part of the world. People have indeed made millions with e-commerce and this is the perfect time for you to start your journey as well!

You can easily sell your products on eBay, Amazon, or Walmart. If you do not have a significant amount of starting capital, then I would advise you to look into drop shipping. You will have to find a supplier who can ship to your customers directly. Then all you have to do is setup an online store via Shopify and promote it on Instagram, or via PPC ads (Facebook or Google). You could also go the traditional route and rely on Search Engines to drive traffic.

  1. Freelancing

Millions of people from all walks of life make money online every day through freelancing. The best websites to start your freelancing journey are Fiverr and Upwork. You can offer any services like content writing, graphic design, coding, SEO, tutoring etc. The best part of freelancing is that you can start earning money instantly. The cash is always guaranteed as long as you provide a satisfactory service. Over time as your profile matures and you accumulate reviews, you can increase your fees and become an authority in your niche. SEO Tree work is also a completely viable solution, since SEO generates money for tree providers.

Final Words

Making money online is all about being creative and exploring verticals where there is minimal competition. You can always find something that you are good at and apply twists to your methods to stand out from the rest of the crowd. It is always good to have multiple revenue streams so whenever you become accomplished in one area, go for something else and diversify your income. As time goes by, you will have money coming in from different diversified channels which will help you secure your financial future. So, what are you waiting for? Go ahead and give it a shot, you have nothing to lose!