In 2020, the internet is more accessible than ever before and provides a wealth of opportunities for budding entrepreneurs. So, if you’re looking to start an online business, what are the best options?
In this article, we’ll explore the top 10 online businesses to start this year. Whether you’re looking for a way to make some extra money or want to build a full-time business, there’s an online business idea for you.
1. Blogging
One of the most popular online businesses is blogging. If you’re passionate about a particular topic, you can start a blog and share your knowledge with the world.
There are a number of ways to make money from blogging, including affiliate marketing, selling products or services, and running ads. You can also use your blog to build an audience for your other businesses or projects.
2. E-commerce store
Another great option for starting an online business is to launch an e-commerce store. Thanks to platforms like Shopify and WooCommerce, it’s easier than ever to set up an online store and start selling products.
If you’re not sure what products to sell, consider drop shipping – a fulfilment model where you sell products without stocking them yourself. This can be a great way to test out different products and markets without incurring too much risk.
3. Social media consultant
If you’re good at social media and helping businesses promote their brand, you could start offering your services as a social media consultant. Companies are always looking for ways to reach more customers on social media, so this can be a lucrative opportunity.
4. Web designer or developer
If you have experience in web design or development, you could start offering your services as a freelancer or consultant. Companies are always in need of expert help when it comes to building or improving their website, so this is a great way to use your skillset to earn some extra cash. Alternatively, you could launch your own web design or development business.
