Top 3 Online Business Ideas
Following are the business ideas that truly have the potential to give millions as the profit and ask for a medium level investment. An online company only requires some online set up costs and labor costs. The costs are certainly lower than making a company with a brick and mortar building which requires an extremely large investment.
A popular idea is to start a magazine online. If you are interested in literature, then maybe you can consider this. All you need are some workers including the editor and graphic designer and some investment to have your magazine printed, and of course interest in the work. You can promote your magazine online by using the social networking sites like Facebook or twitter and also posting ads on the billboards. Once you get enough subscriptions, your magazine will flourish, and you will be a millionaire in no time.
Another idea is to promote some information, some ideas or some of your experience. For this you only need to invest in making a website of your own and then start promoting your own information. For example, you want to promote your experience, ideas and knowledge about weight loss, then either you can start writing an eBook on it and sell it online or you can give information on your website.
You can earn from advertisements on the website or start selling a weight loss related product on it. Or you can also start an online newsletter for a subscription fee. Selling workshops online has also become a very popular method of learning. Worksheets have got a massive demand. You can create your own worksheet or outsource the work to someone and just earn form the profit from selling them. Likewise, you can come up with many different interests of yours that you can actually sell and make money.
Another terrific idea is to start an SEO company in which you can provide SEO services to your clients. This SEO industry is growing a lot nowdays as the number of websites grows. Every person wants their website to come to the highest rank in the search engine and so they require SEO services. What you need to set up an SEO company is your own website on which you have to increase traffic and get clients.
You also require knowledge about how SEO works which you can easily get from online courses. However, a lot of competition in this industry exists, and what you can do to have a competitive advantage is, to keep prices as low as possible and quality as high as possible. One would say that it is not possible to have these two together but actually in an SEO Company, it is possible. This is because the writers, who are required to write articles for website building and for search engine optimization, are available at very cheap rates from the Asian counties. These writers are also talented and can give a fairly high quality of work. With such low investment, there is a potential of approaching huge amounts of money because of its demand, which is continuously increasing.