Top 10 Best Online Business Ideas To Start

How to start an online business and earn money online? A question that comes to the minds of everyone dipping their toe into the vast sea of internet money-making. Well, there are tons of online business ideas that you can work on, but not every idea will be for you so make sure to start the business that you know you can make money from.

To help you find the best online business to start with little money or the best online businesses to start with no money, we have compiled this list of best small business ideas. We have also added some general steps to take to start the business so you can know if it is for you or not. So without further ado, let’s dive right in.

1. Chatbot Selling Business:

Chatbots have seen an extraordinary rise in the past few years thanks to the advancements in artificial intelligence. If you don’t know what chatbots are then here’s a layman’s definition; chatbot allows business owners to feed predictable responses to questions usually asked by customers. So when someone asks a related question, the chatbot responds so the customer can remain engaged until the support agent becomes available or the customer makes the purchase.

You may have also come across a chatbot when messaging a business on Facebook or on their website. And according to Chatbots Life; the overall market size of chatbots is expected to reach a whopping $1.3 billion making the present time pretty awesome to jump into this bandwagon.

Who is it for?

Chatbot business is for people who have an industry in mind where it can fit perfectly and also have contacts in that industry. They can either spend some time to learn to make one or hire someone to make it for them.

How to Start?

  1. Identify your chatbots goal (what industry or business model it will serve)
  2. Learn to make one through online courses or hire a freelancer to make one for you
  3. Test your chatbot and ask people in the industry your chatbot is made for to test it
  4. Make revisions and perfect your chatbot
  5. Take the prototype to your potential clients (You can also market it digitally)
  6. Seal the deal and keep improving the bot

2. Box Subscription:

Though the subscription business is nothing new and has been around for ages, the rise of the internet has turned it into a behemoth. If you don’t know, a box subscription business delivers a box of people’s routine use products on their doorsteps in exchange for periodic recurring payments. Businesses like Dollar Shave Club have made millions through the box subscription business.

According to Forbes; the subscription e-commerce industry has grown by around 100% each year on average. This shows how much potential this industry holds.

Who is it for?

People who have in-depth knowledge of an industry where there is a product or products that people need regularly.

How to Start?

  • Get a clear idea of what you want to sell
  • Put a price on your box
  • Put together a prototype
  • Start the prelaunch (you can leverage digital marketing)
  • Set up your website or list your product on listing based marketplaces
  • Start taking orders
  • Scale your business

3. Ad Management Agency:

In today’s market with cut-throat competition, companies need to heavily spend in marketing to get ahead by getting more sales and exposure. This is the perfect time to launch an ad management business where you can help businesses get sales, leads, followers or more by advertising on social media.

According to AdWeek; around 88% of the companies are now leveraging social media for their marketing purposes. This means you can quickly get a lot of clients if you put enough effort.

Who is it for?

Someone who has the knowledge and skills related to social media marketing or those who can invest in their learning first.

How to Start?

  • Apply your social media marketing skills on yourself and start marketing yourself
  • Pick a highly profitable niche that can attract high-value clients like lawyers, dentists, and doctors
  • Create different packages of your social media marketing services
  • Start getting clients through your own social media ads

4. SEO Agency:

According to Hubspot; 57% of B2B marketers agree that SEO generates more leads than other marketing methods. So if you are looking for online business ideas for beginners, then SEO agency might be among the best online business ideas with the potential to help you earn money online in significant figures.

This is because virtually every business wants to have SEO of their website which means tons of fish in the sea. All you need is the skill of SEO and you are set.

Who is it for?

People who have a vast knowledge of SEO or those who can learn it by taking some courses. It is pretty easy to learn if you pay attention.

How to Start?

  • Create your business website
  • Do SEO of your own website
  • Partner with freelancer web developers, so they bring their clients who need SEO to you
  • You can also do social media advertisements, and that’s pretty much it!

5. Starting a Blog:

One of the best sources for people to consume content and get answers to their queries is unequivocally the blogs, and the fact that you are reading this blog post proves the point. So if your content is valuable and solves the problem of a specific audience you can earn a significant amount as a blogger. According to HubSpot; 53% of marketers say blogging is their top content marketing priority.

Besides putting advertisements on your blogs to generate income, you can also promote affiliate offers and boost your revenue through affiliate marketing. Our guide to starting your blog [insert hyperlink of the next topic I’ll write on blogging] can help you create a blog as well.

Who is it for?

People who have a good knowledge of a specific industry and can create helpful blog posts to genuinely provide value to their readers.

How to Start?

  • Though you can read our detailed guide to starting your blog to know everything, finding a niche is typically the first step.
  • Get a domain and a hosting which you can also get from Wealthy Affiliate
  • Set up your blog and create an article posting schedule
  • Post your articles, market them on social media and do SEO of your blog
  • You can also get help from Wealthy Affiliate which is a massive community that helps people establish their blogs
  • Apply for Adsense or other advertising networks to start earning money as your audience grows
  • That’s pretty much it, just keep on posting evergreen content

6. Promotion through Webinars:

People pay more attention to videos nowadays, and that’s where webinar holds its power. A perfect tool for marketing and making a 5-figure income if you establish an audience base.

The co-founder of Rapid Crush, Jason Fladlien has sold over $100 million of products by conducting webinars (source: Forbes), and the best part is that the trend of webinar marketing is nowhere near to getting over.

Who is it for?

People who love to talk in front of the camera, have knowledge of a specific industry and are good at promoting products.

How to Start?

  • Find a product to promote
  • Create an excellent webinar (you can take some courses or use tools like Funnel Scripts for this purpose)
  • Build an audience by marketing yourself first or invite your existing audience to your webinar
  • Use webinar platforms like GoToWebinar to start the webinar, talk to people, promote the product and have a Q&A to solve their queries at the end.

7. Business Coaching:

A lucrative business for people looking to earn money online in big numbers. Here, business experts help people establish their business and charge fees in return. You can also train the executives of different brands to increase their skills and their team’s productivity.

According to Brian Tracy; Executives who got both training and coaching noticed an increase in their productivity by 86%. This shows how much potential business coaching holds making it one of the best online business ideas.

Who is it for?

If you know all the nooks of a specific business, you can start as a consultant and then become a coach once you get experience. Or, you can get mentorship and gain knowledge plus skills.

How to Start?

  • Identify a problem that the businesses in your industry face
  • Find a solution
  • Find businesses in your niche to coach
  • Start coaching the executives or business teams to solve that problem

8. Freelancing:

This is one of the most straightforward online business ideas for beginners. Though freelancing falls under small business ideas, it has a lot of potentials if done right from the start. If you are good at something, you can join the freelancing platforms like Fiverr or Upwork and start providing your services there. That’s pretty much it.

Who is it for?

People who can spare a few hours from their daily routine to provide their services on the internet.

How to Start?

  • Identify what you are good at
  • See how you can help people with your skill
  • Create a profile on freelancing platforms
  • Start interacting with buyers, send proposals and get projects
  • Complete projects and get the money

9. Online Fitness Training:

This is relatively among new business ideas when it comes to earning money online with it. The concept is to provide fitness training and diet planning to clients around the world through the internet. However, keep in mind that you should have a lot of experience as a trainer because it is more difficult to train people online than to train them offline.

Who is it for?

Professional fitness trainers who have a vast experience in the offline fitness training industry.

How to Start?

  • Create a social profile or a website
  • Market yourself
  • Build an audience
  • Conduct webinars to spark interest
  • Create a membership program
  • Train people through Skype

10. E-commerce Business:

One of the best online business ideas for beginners that are booming nowadays. The e-commerce industry has seen some explosive growth in the past few years, and it is far from getting a stop. E-commerce behemoths like Amazon and Alibaba have made it easy for people to sell their products worldwide from their homes.

According to KPMG; Generation X, which is the current generation, shops more online than baby boomers and millennials. This tells us that e-commerce business is among the best online business ideas to get started right now as it is only going to grow more.

Who is it for?

Someone who has the capital to invest in procuring, marketing and shipping the products.

How to Start?

  • Decide how you want to get into e-commerce, whether you want to do dropshipping or sell on Amazon
  • Get training on how to get into the e-commerce model you have selected (not necessary but it increases the odds of success)
  • Create your store on Amazon or on Shopify for dropshipping
  • Market your products
  • Get orders and ship them

What Is The Best Online Business To Start With Little Money

So now you know the best online business ideas for beginners and for experts, you should know the best online business to start with little money:

  • Ad management agency (spending on website building and marketing)
  • Webinar Business (cost for tools to create a webinar and purchasing webinar platform subscription)
  • Chatbot Business (if you don’t make the bot yourself)
  • Coaching Business (if you get mentorship)
  • E-commerce (Product purchasing and marketing)

The investment level depends on how big you are going from the start, but if you are tight on budget, you can use this list to pick the best online business to start with little money.

Are There Any Online Business Ideas without Investment?

Please keep in mind that that is nothing like a no-investment business, you will have to invest something be it a single penny, but you will have to invest something. The below given online business ideas without investment are the ones that require little to no investment:

  • Freelancing
  • Subscription Box Business (Only spend on building a website if you have your own products)
  • SEO Agency
  • Online Fitness Training
  • Starting a Blog (Our #1 recommendation)

Over to you

So now that you know what the 10 best online businesses to start are, it's up to you to take action. Remember, if you are not passionate enough to first learn, you may not be able to earn money online.

The online business ideas mentioned here require you to first learn how to execute them and only then you can see excellent growth in the short span of time. To start your learning, check out our guide on starting a blog now!

So you want to start an online business and aren't sure which is for you? Come see the 10 best online business to start today! #affiliatemarketing #business #blogger #success

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Hey there! I'm Jason Smart, an entrepreneur sharing what I’ve learned about blogging and online business.

Whether you are looking for a simple side hustle, or a full fledged passive income business, All Smart Money is all about giving you the tips, tricks and tools you need to build, scale, and make money with your blog, even if you’re a total beginner.

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