LUCRATIVE INTERNET BUSINESS IDEAS WITH LOW START UP COST
The truth is that most low-cost business ideas will be based online because that’s where start-up costs tend to be lower. This is an extremely broad category and my list here really won’t do all the possibilities justice.
1. Earn Cash From Blogging
Starting a blog isn’t as hard as you think. All you need is hosting and a domain. To make money online from a blog you need to gain large amounts of traffic from a specific niche. See how I do it here. You can earn cash using:
Selling banner advertisements
Affiliating to sites such as Amazon & eBay
Offer premium services or member areas
An Internet affiliate program and affiliate marketing networks can be used to market goods and services online. Some Internet affiliate programs offer two ways to make money online – by selling products or services as an Internet affiliate and by signing up other people to join the same Internet affiliate program. Just about any home business with a website could conceivably profit by placing affiliate ads on their sites, but there are also many who pursue affiliate marketing as a full-time Internet business in and of itself.
3. eBooks Marketing Internet Business
E-books have become a very common commodity on the Internet. You can download ebooks from many different websites and you can even visit an eBookstore to find a variety of eBook publishing gems for sale. If you have an Internet business or if your are thinking of starting one, you may want to consider creating and selling informational eBooks on your website. EBooks are generally shorter and easier to create than a traditional printed book, and there are many websites that do nothing but promote and sell eBooks. As you get more skilled at it, you could offer eBook promotion services to others and, of course, sell eBooks about how to market eBooks. It’s kind of a self-fulfilling Internet business that can constantly fuel itself.
4. Internet Marketing Services
Helping people drive traffic to their website can provide you with an excellent Internet business. The methods, and thus the services you might offer as part of your business, vary widely and include: Search Engine Optimization (SEO) services, Pay-per-Click (PPC) advertising services, blog marketing services, article marketing services, and many others. You might decide to specialize in just a few areas or provide a full range of Internet marketing services – to a global clientele, or only to a niche market. And, all the training you need is available online and cost far less than the few college courses available in these specialites
5. Professional consulting and services.
This opportunity is for all those who have already worked in the corporate world and/or have already done the necessary training and certification to advise and otherwise serve people on legal, business, financial, technical, health-related, etc matters. The Internet could allow you to go it on your own as an independent consultant or offer some kind of niche consulting. Either way, make sure you clearly display your credentials and certification on your website and other web-based profiles. Just keep in mind here, that depending on your field there may be A LOT of competition. So be prepared to define how you are different from the rest of the pack and work your connections.
6. Nonprofessional Consulting.
This is also a very broad category. Do you know a thing or two about setting up an online store or internet marketing? Do you have some really good talent, skill, or experience that would be beneficial to others? You may be able to monetize it and generate a decent income.
7. Online Tutoring.
Whether you do private tutoring or work with an online tutoring service, such as tutor.com, you could make a business of helping others learn. The average income is about $25 to $30 an hour, but it will vary depending on the subject and the set up.
8. Online Instruction.
You could create a series of webinars, instructional videos, or how-to articles and charge for access and/or make money from advertising.
9. Computer/Electronic Device Repair.
As long as there will be computers and other devices, there will be a market for those needing to repair them. This includes not only physical repair but operating system fixes, such as when a virus attacks a computer. It made it to this part of the list because many things can be done remotely. There is also a whole market for those looking for instruction on how to repair their equipment themselves.
10. Content Creation.
Whether you are producing content for yourself or as a ghost writer on a blog or website or on a contractual basis for clients, if your content is quality you can do well. This is also a crowded field, but there are enough customers and readers to still carve out a niche for yourself. Keep in mind that by content, I’m not just referring to written content. This includes video, audio files, and images. You could charge directly for the content or earn from any advertising next to it.
MORE: How To Write An Article In 7 Minutes!
11. Content Editing and Enhancement.
This means improving on others’ work. It includes editing text, images, videos, or presentations. Basic text and video editors can make around $30 an hour, but the field is a competitive one.
12. Conduct Research.
This includes market research or other online research, compiling resource lists or building a directory of sites on a a particular subject or industry.
13. Web-Based Design.
You could offer logo designs, website designing, and other non-internet, based materials, such a posters, brochures, business cards, and t-shirts. Designers can try to stick it out on their own, create a small online “agency” with other designers, or try their luck on freelance sites and web design market places, such as Designcrowd.
14. Travel Planning and Travel Blogging.
If you’ve got a travel bug or enjoy planning other people’s trips, but don’t want to fork over money for travel agent certification, then this may be the opportunity for you. You have several different possibilities including, referring customers to travel booking sites where you receive a portion of the commission, travel blogging, and trip planning.
15. Virtual Assistant.
The demand for qualified VA’s have definitely grown in recent years. While that means there is a lot of competition, there are also some decent opportunities as well. There are many niches you could put yourself in and different people and organizations will always need different skill sets and personalities. Earning potential varies a lot and will really depend on your experience, your skills, and whether you are working on your own or as part of an organization.
16. Manage social media profiles
Social media is an important part of any online business. The problem? Time! Most business owners simply don’t have the time to be involved with Twitter, LinkedIn, Facebook and other sites, in a pro-active way. That is where you can help. If you can engage clients and build up attractive social media profiles, then you will be able to attract clients, which makes this a service with value. Again, these projects are posted on freelance sites such as People Per Hour and Elance on a regular basis, so you can start building up clients straight away! Check out these amazing statistics for LinkedIn!
17. Create valuable resources
The sites that hold the most value on the web hold the most valuable content. Face Book holds information about what hundreds of millions of users. YouTube possess millions of funny, educational and controversial videos. If you can create a website that focuses on offering valuable resources, then you just might be onto a winner. Remember, you can offer the freemium model mentioned previously if there is no scope to achieve high advertising revenue. You could even be teaching others how to make money online, while doing exactly the same thing for yourself!
18. Internet Marketing.
This is another huge area that includes affiliate marketing, direct marketing, and various reseller structures. Mobile marketing in particular is also a hot area right now. Basically, if you enjoy sales or you’re just really good at it, then it may be an area to look in to. There’s a lot of competition, but plenty of people are making good money via Internet marketing. If, however, you don’t enjoy sales, then stay away.