8 Online Business Ideas To Start Today
Posted: 16th December 2020
During 2020, many people have chosen to start an online business. For some, an online venture could provide some extra disposable income alongside their day job; for others, the downtime in 202o could have provided the opportune time to seize the moment and build a business from scratch.
Luckily, we live in a world where the eCommerce market is constantly growing, and there are many digital tools, making it easier than ever to start an online business from scratch.
If you’re looking to start a small online business, you should harness your current skills. If you are in need bit of inspiration, here are eight online business ideas you can start today.
Idea #1: Release a Clothing Line
If you have a great sense of style, releasing your own clothing line could be a wonderful idea.
To make the business launch easy and cost-friendly, you can use a print on demand platform and sell t-shirts with your designs on them. Bella+Canvas, 3001 is the best t-shirt for custom printing since it is popular, well-fitting, and good-looking.
Idea #2: Become an Influencer
Being an influencer can be a lot of fun, especially if you choose to work in a niche that you enjoy. With our social media consumption rising year on year, you are more likely to find an audience online than anywhere else. For example, if you are interested in beauty products, and you choose to go down that path, you may end up receiving beauty products to try out and review.
Of course, all of that will come when you build a proper audience. To begin, choose a very specific niche and stick to it, and ensure that you are consistently creating content. One of the most popular social media platforms for influencers is Instagram; therefore, remember to include Instagram Stories into your daily content.
Idea #3: Become a Social Media Consultant
People spend a lot of time on social media; therefore, many businesses see great advantages of sharing their content and being present on social media platforms.
On the other hand, as the number of online businesses is constantly growing, so are the numbers of social media business profiles. If you are confident in your social media prowess and feel as though you could help small businesses, you may want to consider becoming a social media consultant. However, is a competitive market, and many agencies already offer a fully integrated social media service.
Idea #4: Become a Tutor
If you have skills or knowledge you can share with others, you could start teaching online. In the year 2020, the Covid-19 pandemic has pushed to the forefront video call tools like Zoom, and people are more eager than ever to learn new things online.
When preparing an online course, ensure that you are finding new ways to keep the learning process engaging and find innovative new ways of teaching your subject.
Idea #5: Sell Printed Designs
If you possess great graphic design skills, or you are an artist working in other mediums, there is a good opportunity to make money from your art by selling prints.
This way, the original piece will stay with you, and you can sell the printed version multiple times. You can choose to sell the prints as posters, gift cards, pillowcases, or pick any other format you like. There are many platforms perfect for selling art, such as Etsy, Facebook Shops, Instagram, or even your own website.
Idea #6: Become a Translator
If you are lucky enough to speak more than one language and have great grammar skills, you could easily become a freelance translator.
To find new customers, you can try out such freelancer websites as Fiverr and Upwork. In time, you could even build a translating services agency and hire more people.
Idea #7: Sell Hand-Crafted Items
Platforms such as Etsy have gained popularity due to their range of unique art, decor, or jewellery pieces on the platform; with a bit of imagination, you could start selling hand-crafted items as well.
Whilst Etsy isn’t the only place to sell your hand-crafted wares, it does more reach at the beginning, until you have built up your own audience.
Idea #8: Start a Blog
Some people start a blog to share their adventures, and some – to make money. To start a blog, you will need to register a domain name and choose your blogging platform. There are a few different blogging platforms to choose from, and it is worth doing your research to see which one suits you. With 2021 looking at a trend towards newsletter blogging, you might want to take a look at a site such as Substack, which allows you to post to your page and also send blogs to a list of subscribers.
To make money from a blog, you will have to be providing consistent content. Once you have you can work with paid sponsorships with brands, write paid reviews, do guest posting, use AdSense to show ads on your blog, or even release a line of your own products by using a print on demand platform to earn some extra money.
It can take time to make money from an online venture, but with some hard work and consistency, you may quickly find success. The key to making money online is finding a niche which suits your skills to turn your passion into profit.