September 14, 2024 by Shinefy

Five best online business ideas that make money

As you enter the ranks of today’s successful online entrepreneurs, it's important to discover an online business idea that matches your skills or strengths. Whether you’re looking to establish a full-blown operation or start a side hustle to your day job, launching an online business has never been easier.

Researching the perfect online business idea may seem like a big time commitment, but don’t worry! Here are a couple of great examples to help you get started.

1. Produce videos for clients

YouTube is one of the most popular websites in the world, so it’s no surprise that video is now a main communication medium for businesses. If you have video filming or editing skills, you can quickly build your clientele. There are also AI Video Generating Tools, like Shinefy.com, that help you make videos with just a simple prompt. Offer to create promotional videos, product demos, training videos, or social media content for businesses.

Why make videos?

Videos can include animations, music, and other multimedia elements that enhance engagement and increase viewer retention.
Videos can convey complex information more effectively than text, as they allow for visual demonstrations and can better capture tone and emotion.
Shinefy.com helps you create viral and trending short videos with a simple push of a button. Just enter your prompt or idea, click generate, and start posting or selling those videos to your clients.

2. Work as a virtual assistant

As a virtual assistant, you will be handling various tasks, from data entry to research and writing content. You can begin by building a portfolio showcasing your works that distinguishes you from other VAs.

Why become a VA?

Work with your ideal clients. Even if you don’t know at the start, you’ll find out soon enough who you love working with and what tasks you love doing for them.
You can interact with people from all over the world. All you need is an internet connection and you can have the chance to start working with international clients and professionals.

3. Start an affiliate marketing business

Affiliate marketing involves promoting a product or brand. It’s one of the easiest way to make money online by earning commissions on sales. To begin, select a niche, sign up for the affiliate program, and create content to attract customers. You can develop a comparison site, include exclusive content for subscribers, or offer bonus materials upon purchase to stand out from other affiliate marketers.

Why do affiliate marketing?

You probably already told your friends about products and services you use. Now you can get paid for it!
It is a great source of passive income. You continue to make money when your affiliate links lead to sales, even if it’s long after you posted those links.

4. Become a blogger

Are you a writer? Or someone with a passion or expertise to share? Then creating a blog might be the right job for you! While the definition of what is a blog includes everything from travel journals to specialized industry ones, all blogs share some commonalities. Blogs are regularly updated websites that cover information, opinions or insights around a certain topic.

Why start a blog?

Blogs have immense growth potential. You can expand into affiliate marketing, ecommerce, courses, and essentially any other online business venture. You can send email newsletters on a paid subscription model to drive revenue.
A blog is a long-term play. While you’re unlikely to see overnight results, you may be able to cultivate a loyal readership base.
It lets you practice your writing: an essential skill to have in business and communication.

5. Become an influencer

An influencer is someone with a large follower base on social media. A lot of businesses pay influencers to promote products or services to their audience. To become an influencer, select a niche and create engaging content. Post regularly on your social media platforms and always interact with your followers. With time, you’ll build a following, and businesses will start noticing your profile.

Why be an influencer?

It’s an opportunity to get an introduction to marketing, it's a very valuable asset if you’re interested in pursuing it as a career or additional business venture
You’ll learn about new and interesting brands. You can discover products and companies you love that you never would have found had they not solicited your services. In most cases, you’ll even receive products that you can keep for free after profiling them.
You can grow your own brand as an influencer. Perhaps you weren’t particularly famous before you debuted as a micro-influencer. If you’re a natural on camera and actively engage with your audience, you may find fame for profiling products online.