Best Online Business Ideas 2020


If you are thinking to start your business online, there is no time like the present. Starting a business online is much less risky than a physical business.

You can start online business without money. All you need to start an online business is just a computer or laptop and an internet connection. There are many more opportunities to start an online business.

Online business continues to grow at double-digit rates. As online business continues to take a bigger space in the traditional retail market around the world, this is a good time to get your online business ideas successful.

10 Best Online Business Ideas

1. Blogging

Blogging is a very easiest way to make money online. Blogging allows you to choose niches that suit you. And you can make money through Google Adsense, affiliate links, info products and also in many other ways.

best-online-business-ideas blogging

In 2020 it is very easy to start a blog. Just keep in mind, starting a blog cannot make money for you from the beginning.

For this, you have to work hard. You have to be consistent with content publishing. Also, need content that really gives some values to your audience. It should be in detail and informative.

You can earn money from your blog in various ways. You can sell any products through it, by selling ad space, sponsored posts, eBooks, etc.

All you need to do is hard work.

2. Vlogging/YouTube

If you are comfortable in front of the camera and you have knowledge on a particular topic you can start your own YouTube channel and make money.

best-online-business-ideas

YouTube is a free platform where you can generate revenue by providing quality content.

To earn money from YouTube channel you can use Google Adsense and can do affiliate marketing.

Keep in mind that your consistency and the value of content are the most important things to be successful is the YouTube business.

3. Affiliate Marketing

One of the easiest ways to make money online is Affiliate Marketing. Basically affiliate marketers are those who receive a commission by selling products or services of other companies.

best-online-business-ideas affiliate marketing

The best part of this business is you don’t need to make any product and don’t need any storefront or warehouse to stock products. Just you need to promote products in a proper way.

To become an affiliate marketer just sign up in any e-commerce website as an affiliate then make your affiliate links and just promote that link.

Every person that buy any product from your links, you make money.

You can create a blog or website to promote that product in various ways, like by reviewing that product, by making in detail comparison between two similar products, etc. 

Or you can use social media websites like Facebook, Instagram, Twitter or Pinterest to promote that product.

4. Build Apps

If you are good at coding, you can start a Smartphone’s apps building business. Now a day’s Smartphone is everywhere.

best-online-business-ideas

We all love to access apps on mobile rather than websites in mobiles or desktop. People are using countless apps every day in their daily life. You can build apps for both android and iPhone.

Or you can build apps for other companies. You can get this order from different freelancing websites like Fiverr, Upwork, etc.

5. Work as a Freelancer

If you are good at writing and don’t want to start your own blog, you can write articles for others. The demand for freelance writers is increasing day by day.

best-online-business-ideas freelancing

Many companies need content writers for their business. You can assist them by offering a decent amount of money.

You can get this order from websites like Fiverr or Upwork.

So, how it can be your business?

After a certain experience takes orders from the client and builds your own team, who will write for you. You can contact different companies or bloggers or organizations to collaborate with you.

6. Domain & Hosting reselling

Every business needs a website to show off its products or services. You can help them by purchasing and selling domain & hosting.

In order to get a good idea of what’s popular in terms of domain names. An ideal way to find really good names is to check out terminated lists that offer many expired names and have made their way back into the pool for people to buy.

7. Digital Products or Course selling

best-online-business-ideas

Creating digital products or courses is like eBook writing. You can promote your courses through your website or paid promotion or by doing email marketing. You have to create a sales page on your website, which will convince visitors to buy your course from you.

If you don’t have an audience you can publish your product on Amazon. Validate your course idea and build an email list. For this type of business email marketing is the best way.

8. Facebook advertising

best-online-business-ideas

Facebook is growing day by day. Therefore businesses are growing through Facebook. Many old school businesses don’t know what Facebook ads are and how to set it up properly and also many companies don’t have that much time to spend on Facebook ads.

It is an advantage for you. You can assist them to set up their Facebook ads. First, you need to learn the whole process. And when you are a specialist in it you can start your own business.

For this business, you can find clients online from different freelancing sites or you can contact different businesses offline.

9. Digital Marketing & SEO

If you are good at marketing and you are an expert on SEM (Social Media Marketing), PPC (Pay per Click) you can start your business.

best-online-business-ideas seo business

As the internet is growing today the demand for digital marketing is also growing. While traditional marketing needs print ads, phone communication, or physical marketing, digital marketing can occur electronically and online. 

If you are an SEO expert you can start your business as an SEO developer. You can approach different business for SEO on their website. Today almost every business has a website and to grow business digitally website SEO is mostly needed.

For this, you can charge a decent amount of money.

10. Consulting Business

best-online-business-ideas

Do you have tons of knowledge in a specific field? Then you may have what it takes to be a highly paid online consultant.

As a consultant, you simply must apply the knowledge, skills, and experience you have in a specific field to help clients solve a problem or issue they have in that field.

Conclusion

It’s a new year and a new chance for you to start an online business and create an absolute financial and lifestyle.

Start your online business in 2020 with these highly demanding business ideas. Don’t wait any longer, and definitely, don’t put it off until next year!

If you are successful come back next year on this post and share your experience with us in the comment section below.

Subscribe to Blog via Email

(Visited 2 times, 1 visits today)

Avatar

Sarajit Mitra

Hi! I am Sarajit Mitra. Fountainhead of My Business Connexion. I am an Electrical Engineer by profession and Blogger by passion. I have been doing Blogging since 2018.

Leave a Reply

Your email address will not be published. Required fields are marked *