13. Buy and Sell Domain Names Estimated income: $1,000-$10,000+/domain Requirements: digital marketing skills Buying and selling domain names can be a successful business when executed right. In fact, high-demand domains can sell for up to millions of dollars. As such, the most popular domains are often unavailable. Many domain flippers choose names with local keywords, like jobsinlondon.com. Besides being … Read more
12. Flip and Sell Websites Estimated income: $10,000-$100,000+/year Requirements: web development, web design, SEO, and digital marketing skills Website flipping takes longer to generate a profit than other online business ideas on the list. However, many business owners like Yaro Starak make significant money with this type of business. This online selling business starts with purchasing underperforming … Read more
11. Become an Affiliate Marketer Estimated income: around $50,000/year, depending on the affiliate program and niche Requirements: content marketing skills Affiliate marketing is one of the most affordable online business ideas. An affiliate marketer promotes a brand’s products or services by including links to them in their content. They’ll receive a commission based on the number of … Read more
10. Start a Consulting Business Estimated income: around $18-$30/hour, depending on the industry and skillset Requirements: skills and experience in a particular field Consulting is the best business idea for people with advanced knowledge in a specific area. It helps companies across industries solve problems, including marketing, operations, and human resources. One example of a successful consulting … Read more
9. Launch a Subscription Box Estimated income: $6,000-$400,000+/month Requirements: business management, digital marketing, and site maintenance skills A subscription box service is a business model that periodically delivers a product package to customers. One popular example is the Dollar Shave Club. This business type has gained more traction in recent years. Over 50% of online shoppers subscribe to at … Read more
8. Sell Prints Estimated income: 10-20% commission/print Requirements: artistic skills, such as photography, graphic design, and fine arts Selling prints is among the top business ideas for visual artists. You can make money and have fans promote your work by displaying them in their homes. One of the easiest ways to sell prints is by creating … Read more
7. Sell Handmade Goods Estimated income: $30,000+/year, depending on the materials and the time spent making the product Requirements: artisanal or crafting skills The internet has helped artisans’ craftsmanship appeal to the business world. Unlike merchants who partner with suppliers, you can sell one-of-a-kind goods that customers can’t find anywhere else. Therefore, charging more for your … Read more
6. Flip and Sell Thrifted Goods Estimated income: $50-$5,000+/month Requirements: business management and negotiation skills If you’re looking for an affordable online business idea, sell secondhand goods online for a profit. Look for unused items of decent quality around your household or purchase pre-owned goods from secondhand marketplaces. Then, determine their prices by looking up … Read more
5. Start a Dropshipping Business Estimated income: $200-$3,000+/month, depending on the online store and market size Requirements: business management, digital marketing, and site maintenance skills Dropshipping is one of the most simple businesses to start for beginners because it’s low-risk yet profitable. This business model involves partnering with suppliers to sell their products on your platform. … Read more
4. Start an Online Store Estimated income: $1,000-$100,000+/year, depending on the eCommerce business, its expenses, and the market size Requirements: business management, digital marketing, and site maintenance skills Creating an eCommerce store to sell clothes or other items is one of the best small business ideas to pursue. Find online store ideas by researching trending products or tapping into … Read more