Starting an online side business is a good thing as it comes with many benefits. To start with, you get to be your own boss meaning that you won’t have to worry about working under someone with strict rules. In addition to this, you can even make some extra money along with your full-time job. An online side business can help you achieve the financial freedom everyone desires for, but you must choose from different website ideas to set up an online business.
Having a stable online business is something almost every other person wants. But what they don’t realize are the challenges that come with it. If you’re not doing the work properly, you will not go far. However, if you take care of each and everything while working hard, then the chances for you to make your online business successful will be sky high.
If you’re currently wondering what online side business is going to be a perfect option for you, then you can check out our list of 7 excellent cool website ideas for online business below.
1. Start A Blog
Blogs are something many people consider as their first online business. There are many bloggers out there who are earning tons of money through their blogs. Although it may be easy to start a blog, you will need to work hard on it in order to take it to the top.
Choose the Right Niche
Before starting a blog, you have to carefully select the niche. At the moment, money, relationships, and health and fitness are the top three niches out there. However, if you’re interested in any other niche, you can go ahead and choose it. The only thing that matters is consistency, meaning that you will have to regularly update your blog to keep your readers engaged.
The biggest mistake many beginners make is that they rewrite what others have already written. However, in order to start getting some serious amount of traffic, you will need to write unique and fresh content. In order to make sure that your readers don’t get bored while reading your content, you must write it in an interesting way. Once your blog starts growing, you can then monetize it to start making money. Some monetization options are:
• Digital products.
• Affiliate marketing.
2. Sell Online Courses
Are you really good at something or have knowledge about a particular thing? Then there’s some good news for you. If you know how to do something properly, then you can make money by teaching others about it. For example, if you know how to create a website using WordPress, you can create a guide about it and offer it online for a price.
There is nothing to worry about while selling online courses. The only thing which matters is that whatever you write should be accurate. If your guide offers amazing and helpful content, then you can expect to start making a lot of money from it. However, if the information present in your guide is false or is not accurate, you will not make a single penny out of it. Not only this but you will also end up creating a bad image about yourself among your visitors.
How You Can Sell Your Courses
Now you must be wondering how you can start selling your courses online. Well, its pretty simple. Although there are various tools available that can help you out with the process of selling your online courses, the best method is to use WooCommerce. Through this, you will have complete command on each and everything.
On the other hand, if you’re struggling with how you can write a guide about something, then you can check out guides written by other people to get an idea. You can see what information they include and what format they use. You will need to make sure that people don’t find it difficult to read your guide. If you write something at the start which is meant to be written in the middle or at the end, then your readers will have a difficult time with understanding your guide.
3. Affiliate Marketing
One of the most popular online side business out there is Affiliate Marketing. For those who are not familiar with this word, Affiliate Marketing basically refers to the process of getting a commission whenever you sell someone else’s product. At the time of writing, there are thousands of people out there who are making five or six figures monthly through Affiliate Marketing.
Choose the Right Affiliate Marketing Program
To start with, you have to sign up with an Affiliate Marketing Program. At the moment, Amazon is currently offering the top program and people all over the world are making the best out of it. Amazon basically gives you a commission for every sale you make. You will basically add product linksin your articles and every time someone will click on a link and buy a product, you will receive a small commission.
How People Make the Best Out of It
Most of the affiliate marketers are using their blogs and websites for their affiliate programs. For example, you can write an article about 5 Best PopSockets on your website and add a link to the Amazon product pages of the mentioned PopSockets. Afterward, you will have to promote your article and even use various SEO strategies to start getting some visitors on it. Once the process of traffic starts, people are going to open your affiliate links and some of them are going to buy the products. As the number of visitors will grow, the sales will also increase.
How You Can Make It Work
As many people are now in the Affiliate Marketing scene, the competition is really high. However, you can still make it work if you work smartly. To do that, you must:
• Choose a suitable niche.
• Choose the best affiliate program.
• Publish new posts every week.
• Make sure to write in an interesting way.
• Promote your articles on social media platforms.
• Use SEO strategies to get the article ranked on Google.
4. Create an Online Store
Creating an online store might be different from setting up a blog, but it is still not something difficult. There are various guides available on the internet that can help you out with setting up your own online store. Now that the easy part is covered, let’s get to the actual difficult part.
Many people think that it is really easy to maintain an online store. However, it is the opposite of what they think. You will have to invest a lot of time into building it, and then promoting it once you create it. In addition to this, you will also have to handle different things when the store is live, but once your online store is up and running, it can turn out to be your highest source of income. Many people out there have created their own online stores and are making a lot of profit from it.
How to Set Up the Online Store
To begin with, you will have to carefully choose which products will be included in your store. Once you have decided this, you will then have to select the method of delivering them to your customers. The best option will be to partner up with some shipping company and make them your official shipper. In addition to this, you will also have to decide how you will receive payments from your customers. It will be wise to choose a payment method that is available to everyone.
Do Branding Properly
It doesn’t matter whether you are the one who is manufacturing the products or not. The thing which will matter is that you do the labeling and branding in the right way. You have to establish your online presence and to do that, you will have to work day and night. You will even have to say goodbye to the late-night parties as you will have to invest as much time as you can into your online store during its first few months. However, you will not regret any of this after your online store will start generating a lot of revenue.
5. Start Dropshipping
Dropshipping refers to creating an online store and selling someone else’s products on it. It might sound like an online store or affiliate marketing, but we can say that it is a combination of both. You basically get a commission for every product you sell. While an online store might seem like a better option as you get to keep the whole profit, Dropshipping comes with its own benefits.
Is Dropshipping Better Than an Online Store?
In an online store, you have to take care of each and everything. From checking the inventory to handling the shipping, you must do everything little thing. However, in Dropshipping, it is the complete opposite. All you have to do is find a profitable product, set up an online store, and partner up with a supplier. The most amazing thing is that the supplier is going to be the one who will handle the shipping, packing, and inventory for you. This means that all you have to worry about is making an online store and selling products.
One thing many people complain about Dropshipping is that they get only little profit by selling a product. However, if we take some things into consideration, then this small profit is also worth it. Managing an online store takes all your time as you have to deal with all the matters. But if you get some profit by selling someone else’s product by not worrying about some big factors, then it is safe to say it is a pretty solid deal.
To start with, you should only focus on one specific product niche. However, once your online store starts getting a lot of visitors, you can start adding more products. Many people have been doing this for a long time and those who worked hard enough are currently earning five to six figures.
6. Offer Services
Another amazing online side business is a services website. There are many people out there who are looking for different kind of services. They basically want someone who can do their task for them in exchange for cash. This is where a services website comes in. For those wondering, a services website is considered as an online business that sells valuable services.
As a wise man once said, “If you’re good at something, never do it for free.” What we actually mean here is that if you have some amazing skills, then you can start making money through them. All you have to do is set up a website and start offering your services through it.
Make Money Through Offering Your Skills
As for services, they can include article writing, copywriting, editing work, programming, and much more. And if you’re wondering how you can easily set up a website, then WordPress is the answer you are looking for. You can either go with their domain or purchase your own domain. Getting your own domain will be a good option considering it looks more professional. In addition to this, you will also have to pay for your hosting.
After you are done with creating your website, you will then have to promote it so that people will know about it. There are various platforms available through which you can promote and advertise your services or website. The most commonly used platform is Social Media.
7. Start Selling your Photos
If you’re a photographer and are looking for a way to make some money, then we something for you too. Photographers who take unique and interesting pictures sometimes sell their pictures for a price. These pictures are used for different purposes, such as in articles, book, etc.
How Photographers Sell Their Pictures
There are many photographers out there who are selling their photos through different platforms. At the moment, Shutterstock and iStock Photo are the most popular picture selling platforms. The best thing about this is that if people start buying your pictures more, then you can even create your own website and start offering your pictures there. Some benefits of this are:
• You will have full control over everything.
• You will be able to earn extra money while doing what you love.
• You will get recognized by the world.
These were some of the seven best ideas of an online side business. There are hundreds of other ideas out there, so you shouldn’t give up if you’re currently struggling to find the right one for yourself.