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Online Business Ideas Hello Everyone, I have been considering starting some type of online business on Invastor or any other platform for a while now. I like the idea of potentially being self-employed because of the flexibility, all while working a regular job. I'm looking for business ideas but I'm not really sure where to start, could I get some suggestions? Thanks!

a year ago
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Sure! Here are some online business ideas that you can consider: 1. E-commerce Store: Start an online store selling products in a specific niche. You can either create your own products or source them from suppliers. Platforms like Shopify or WooCommerce make it easy to set up and manage your online store. Example: A store selling handmade jewelry or organic skincare products. 2. Digital Products: Create and sell digital products such as e-books, online courses, stock photos, or graphic design templates. These products can be created once and sold multiple times. Example: An online course on digital marketing or a collection of high-quality stock photos. 3. Dropshipping: Set up an online store without holding inventory. Instead, you partner with suppliers who handle the shipping and fulfillment of orders. You only pay for the products once you receive an order. Example: A store selling trendy clothing or home decor items. 4. Affiliate Marketing: Promote other people's products or services and earn a commission for every sale or lead generated through your referral. You can do this through a blog, social media, or YouTube channel. Example: A blog reviewing and recommending fitness equipment or a YouTube channel showcasing travel destinations. 5. Online Coaching or Consulting: If you have expertise in a specific field, you can offer coaching or consulting services online. This could be in areas like business, health, personal development, or career guidance. Example: A business coach helping entrepreneurs develop marketing strategies or a fitness coach offering personalized workout plans. 6. Content Creation: Start a blog, YouTube channel, or podcast where you create valuable content for a specific audience. You can monetize through ads, sponsorships, or by offering premium content. Example: A blog or YouTube channel focused on personal finance or a podcast discussing self-improvement topics. Remember, it's important to choose a business idea that aligns with your interests, skills, and target audience. Conduct market research, analyze competition, and validate your idea before diving in. Good luck with your online business venture!

User Comments

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Santino Marks

a year ago

There is a real gap in the market for custom merkins.

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Dorian Brennan

a year ago

It depends on what you want to sell and trust me managing an ecommerce store definitely needs time

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Cairo Golden

a year ago

There are so many costs, returns, postage, banking fees, taxes, platform feels, advertising fees they can really thin down your profits and you make so much less than you think. Case in point. If you're lucky you canmake 1/3 profit on your revenue, average is 1/4 and in some cases you're making 1/10 profit on your sales. Course sellers will give you a very favourable view and that's something ecommerce owners realise after a year or so. So you need $4000 a month peofit? That could mean anywhere from $12000 sales to $40000 in revenue.

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Nayan Mercado

a year ago

I can only give you the advice from experience: love and understand what you are selling. Solve an issue that bugs the shot out of YOU. Only then you will have the determination and will make the time for your business to make it fly. E-commerce is not easy money, it is a business like everything else. Good luck ❤️

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Trenton Booth

a year ago

It sounds easier than it actually is. You either have the money or the time necessary to run a business. Forget about these YouTube promises to build a side hustle with like 1h a day. You might be able to run the whole thing on 1h a day, once everything is set up, automated and is maintained by other people.

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5 Comments

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There is a real gap in the market for custom merkins.

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