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6 ONLINE BUSINESS IDEAS FOR THE ASPIRING ONLINE ENTREPRENEUR

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Thanks to the development of technology, aspiring entrepreneurs can now venture into their dream business without even quitting their day job. Here are business ideas you might want to pursue:

1.Amazon Niche Websites

Yes, we know. Amazon niche websites mean that you’ll have to buy a domain, set up hosting, design your website, and other technical stuff. However, once you sign up as an Amazon Affiliate, you’ll receive commissions for every customer purchase.

Niche websites are different from other affiliate websites because they focus on only one type of product. Moreover, they have a better chance of appearing in search engines and ecommerce storepers.

2.Buy and Sell Domain Names

You shouldn’t underestimate the profit you’ll get from buying and selling domain names. Back in 2010, the domain insurance.com was the most expensive domain ever sold, being worth $35.6 Million! That’s a lot of investment money.

With creative thinking, you’ll be able to find the right buyer. It might be a good idea to create your portfolio and make it as impressive as you can. With various auction sites and forums, you can learn from the experts and start making money of your own!

3.Freelancing

Remembering when people used to look down on freelancers because they don’t have regular day jobs? Well, they’re not so underestimated anymore! In fact, a lot of freelancers today earn a hefty amount for their credit cards.

If you have skills and talent in web design, programming, coding, copywriting or online marketing, you’ll find online jobs that pay well and treat you right. You can work from the comfort of your own home.

Best of all, you can manage your own time since most employers allow a flexible working schedule.

4.Drop shipping

With a great third-party wholesaler, drop shipping stores are now easy to manage. It may require an upfront investment, but once you polish your product listings and web design, you’ll be on your way.

All you have to do is place an order with the manufacturer or wholesaler, and they’ll ship the product for you. It can save you money, time, and resources.

5.Sell Your Art on Etsy 

A lot of graphic artists and illustrators today are depending on Etsy. Here, you can unleash your creative side and get paid for it. As an online marketplace, it’s platform that lets you sell your crafts and work. If you’re good at painting, carving, sewing, molding or just about any artistic talent, you can depend on Etsy to make sure you get your exposure and earn what you deserve.

They also provide easy templates and how-to guides to help you set up your online store. Being creative has never been more profitable!

6.Consulting Services

If you’re a trained professional or an expert in a certain field, you can actually use that to earn money online.

The truth is: people need your expertise. And best of all, you can help them right at the comfort of your own home. Whether you’re an expert on social media management, business, marketing, finance, or search engine optimization, you’ll find companies who are seeking your help online.

It’s true that humility is an admirable trait, but if you know that you’re good at something, this might be your chance at earning a bit more than you already do!

These are just a few examples of ventures you can pursue if you decide to explore the possibilities of online business. Whether you want to sell your art, offer your expertise and services, or buy and sell domain names, the online world is a great platform to help you increase your financial assets!

Based on Materials from Digital.Com 

Photo Sources: The BalancePixabayFlickr

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