Business is the way to go if you want to earn more. Company jobs don’t pay much and moreover there is no freedom to do as per your wish. Doing business can be a way of making money for some whereas for some it can be much more. With digitization of services and business, online business is the way to go. Its pretty easy to create and maintain a business online and can help you to reach a bigger consumer base. What all it takes to create a business online is a creative mind and an original idea. Here are some new online money making business ideas for 2020 –
1. Earn Money Online with Blogging:
Blogging is the most common and a very easy way to earn money online. All it takes to be a good blogger is creating new unique and creative content. There are millions of people who are blogging online and earning a handsome amount daily. It doesn’t take much to start a blog. You can even use free blog websites such as WordPress and Blogspot to start up your blog. You can start writing creative content on any field you think you are comfortable with.
2. Start an eCommerce store – Online Business Idea
Selling stuff offline is great but you can’t get much customers even if you sell good quality content since physical store is not available to all. But starting a eCommerce store is the best way to sell your stuff to everyone anywhere. You can take your current offline store and make it online or you can start a completely new online store.
Recommended Reading: TOP 5 E-COMMERCE PLATFORMS FOR SMALL BUSINESSES
3. Money Making Business Idea – Online coaching:
Providing coaching to school or college students online by the means of videos and digital content can be a great way to start up your business since you can get more number of students online then you may ever get offline.
4. Earn Money by Running Youtube Channel:
Youtube is a great way to start earning money. You can start a Youtube channel for free and start uploading creative content. In no time you can earn a lot of money from advertisements on Youtube and monetizing them.
5. Money Making Business Idea – Web-hosting Services:
Everyone needs to host their online business somewhere. Here’s where we-bhosting service providers comes into play. You can start your own web-hosting business with minimum investment in serves. Buy some servers and start providing users with hosting services on a monthly charge.
6. Money Making Business Idea – Website and logo designing services:
If you are good with art and designing you can take your hobby online and even earn a handsome amount from it. Design websites and logos for other clients with minimal charges as per your wish.
Also Read: 11 Tips to creating a perfect logo design
7. Earn Money Online with Android app development:
Are you a person with good coding skills and an interest in android app making? If yes you could earn money from your skills. Lots of people require android apps for their websites and other purposes. Create apps for those people and start earning.
Suggested Read: Best Mobile Apps for Digital Marketing
8. Consultation service – Online Money Making Idea
People tend to hire a consultant to guide them before taking a future step. You can start an online consultation services which give people advises online. You can, as a consultant give people advice on career options, relationship issues, money issues and much more. Internet has the power to connect people far away so this business can start up pretty easily.
9. Promotion or advertisement agency:
If you belong to management or advertisement background you can very easily take your business online and help people get their websites or media content promoted.You can start online advertisement agency and promote websites, campaigns and other stuff.
10. Content writing / providing:
Many blog and website writers need professional content for their websites/blogs. For the purpose they hire content writers to write up for their blog. If you are having good writing skills and creativity and have good command over knowledge, you can start providing your services to people in need of content authors.
Internet is a great tool for those who want to do something and earn money. An online business is the best you can do to earn money on the internet. Many people already have active well functioning businesses online and it doesn’t take much hard work to start a new business either. Above given are some of the ideas you can use to create a successful online business.