With
an entrepreneurial spirit, perhaps you might be thinking about money
making ideas that have been proven and are profitable on the internet
that you can use to make a living with. Online business is still an
evolving tool to earn money. Everyone has predicted a major tech crash
as a matter of fact it's already happening.
According to
Hostingfacts.com in 2017, "there will be more internet traffic than all
prior internet years combined. Wi-Fi and mobile-connected devices will
generate 68% of all internet traffic in 2017."
More statistics
show that "worldwide retail e-commerce sales will reach $1.915 Trillion
in this alone according to Emarketer.com. There are a number of ways by
which people can make money online.
Internet businesses provides
relaxation and comfortability to people who run their own business while
sitting in their homes or traveling the world. E- Commerce refers to
the online functioning of businesses in which all of the transactions
are accepted by means of the World Wide Web.
Online sales in the
United States are anticipated to reach $523 billion in the next five
years. This is up 56% from $335 billion in 2015, and mobile devices are
expected to be a key leader in that growth, Forrester Research Inc.
says.
The Census Bureau of the Department of Commerce announced
"that the estimate of U.S. retail e-commerce sales for the third quarter
of 2016, was $101.3 billion, an increase of 4.0 percent from the second
quarter of 2016. Total retail sales globally for the third quarter, was
estimated at $1,212.5 billion, an increase of 0.9 percent from the
second quarter of 2016."
With the collapse of the tech bust in
full swing, should you even attempt entrepreneurship online, let alone a
new business launch in 2017? My answer? Absolutely yes.
On the
internet, there are unlimited things that can be done to earn money. It
is all up to the individual how much they can profit from these online
opportunities. The trend is constantly evolving with innovative business
ideas.
The start of a new year means great interest in new and
exciting things, as we look forward to the year in the making. The year
2017 is also likely to see some changes with a few money making ideas
not being in demand and new ones harvesting up.
Learning how to
make money on the internet with an e-business is one of the most proven
and profitable money making ideas dominating the economy. Facebook now
has 1.55 billion active users and 2.9 billion Google searches are made
every day. With this data, there is endless opportunity for the ordinary
person looking to create money online.
In this article, I've
researched a few of the businesses that are going to be profitable for
the next 5 years. While tech may be on the decline, the world
continually has room for proven, profitable and innovative products as
well as services.
Proven & Profitable Money Making Ideas
Blogging
If
you have a particular subject that interests you and you are passionate
about it, then you can start a blog around such topic. Blogging is one
of the fastest growing business trends on the web and the sweetest thing
is that it is an information based business.
Many people in the
current world are getting money by having their own blogs and websites.
Generally, on these blogs and websites, they are putting
thought-provoking and valuable information that interests other people.
The science is simple; the additional number of visitors the more money
you can make via advertisement and other revenues.
This works much
like television where the more viewership means more advertisements and
at a higher rate. This is one of the most well-known and informal
techniques of producing income online and it doesn't seem to be going
away anytime soon. Don't worry about technicalities, programming, etc.
You also won't need to invest a dime to get started as there are free
platforms you can utilize like Blogger and WordPress being the most
trusted blogging platform since 2004.
E-commerce Store
Another
proven and profitable idea to start an internet business is to maintain
an online store. You can provide products to your customers online.
Yes, you can set up an e-commerce or retail store online and you can
start this online business from home without even owning a single
product. You can sell virtually anything ranging from books, clothes and
electronics to household item through wholesale drop shipping or by
setting up an affiliate store with Amazon or eBay.
You may even
sell anything from customized cakes to used items to even new products
you created on your own. With this kind of business idea, people
primarily receive payment via credit card or PayPal accounts. It totally
depends upon you as some people prefer to collect payment at the time
of delivery of the products.
In the online store, you can provide a
wide range of products in one place and keep the customers engaged with
new products or services. On the other hand if you are creating
products from scratch, you have to keep up good relationships with your
suppliers so your business can be successful.
Affiliate Marketing
To
become an affiliate marketer means that you will be promoting other
people's products and services through a blog or store online. How it
works is whenever there is a sale, you will get a commission. The most
stimulating fact here is that you don't even need a dime of your own
money to start it and you get to partner with some of the biggest
enterprises in the world. The first venture I would recommend you to
start online is your own affiliate marketing business.
Internet Marketing Services
Servicing
people to help drive visitors to their websites can be an outstanding
online business with a strong profit potential. Examples of services you
can provide include pay-per-Click (PPC) advertising services, blog
marketing services, article marketing services, guest blogging, link
building service, etc.
Doing business on the web can be
challenging because things often change quickly online. This idea allows
you to help other online entrepreneurs such as yourself, keep up with
the latest trends in internet marketing.
VLogging
This
is comparable to a blog, but in video form. Basically turn your video
camera on, feel free to use your tablet, and just talk! The best
vloggers talk about a specific focus or niche. Vlogging about a topic
that interest tweens or teens is most likely to get a big following
fast.
Some popular topics include makeup, fashion, music, gaming
and how to videos. The strategy to making money with these vlogs is
gaining a large following and then receiving sponsorship on the platform
that you publish the videos on, such as YouTube or Vimeo. You can also
make money via advertisement.
E-Book Publishing
The
information business allows you to identify people's problems and
provide a solution in the form of an e-book. Any style writing on any
topic can be used with this method. If you love writing and you possess
some marketing skills, then you can venture into writing self-published
eBooks.
Educational Products
People will
always be willing to pay for education. A good example is university
education. A public four-year college costs around $20,000, and a
private college can make an income of $50,000 per year. In spite of the
outrageously high prices, people are eager to give out the money. Why?
Because a college education is worth it. Right? Well, most of the time
it is.
However, some disagree, and with recent improvements in the
education platform, the traditional college model is being dismantled
or unequivocally disrupted. The cause of these interruptions are
startups like Udemy and Teachable, these platforms allow people to share
their knowledge and profit from it.
You don't need a platform to
sell your knowledge. You can self-publish a book, create a video
coaching session, or teach others how to make money. People will gladly
pay to learn a new skill, shape their lifestyle, make new money, impress
friends with their knowledge, and change their life in significant
ways. If you have something to offer to others, then start teaching.
Graphic Design
There
are lots of graphic designers on the web offer free and paid services.
However, if you plan to thrive in this capacity online, aiding a
specific niche target audience will be the most profitable for you.
Suppose you're focused niche is in music and you have a good graphic
design skill, you can launch an online graphic design business that
focuses on graphic design for musicians or singing artist. You can also
choose to focus on infographic designing, e-book cover design, album
cover designs, etc.
Implementing your ideas as an online business
is a great way to start your business if you are low of capital. It is
necessary that you have a proven and profitable online business idea to
start your business. Starting and operating an online business is the
new normal these days and continues to rise in popularity.
If you
have any ideas that can be transformed to fit the online business model
then by all means do your research and get started the opportunities are
endless!
If I've failed to mention any other profitable ideas be sure to leave them in the comments below.
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