In this era of internet and social media, there are great money making
opportunities online for you to explore and change your fortune for
good.
One of the easiest way of getting self-employed or to earn
additional and life changing income to go into internet based
businesses.
Requires low or no start-up capital
It is flexible
Can be operated from any location of your choice
Internet business does not require you to hire staff members
The major challenge that you may face is the lack of skills or knowledge required to operate or run the business of your choice.
The
good news is that all the information you need on any kind of online
business is available for your use, all you need do is to search the
internet for quality resource materials on any topic of your choice.
In this article, we are going to look at the top paying 5 online businesses that you can do anywhere in the world.
It is necessary that you know the internet business is broadly categorized into two major categories;
Serviced based
This
is a platform where you can exchange your services, skills, technical
know-how for money. This pays even better than some white collar jobs.
Examples include freelancing, creative writing, virtual assistant etc.
The product based
The
product based platform offers you the opportunity to sell goods or
products online to prospective customers. Examples include e-commerce
and e-marketplace. The success of this type of business depends on the
loyalty of customers
Top paying 5 online business you can do in 2019
#1 Blogging
Blogging is no doubt one of the most lucrative kinds of internet businesses.
If
you have the passion or interest for a subject, then you’re ready to
start making money with a blog. You can start your own blog totally for
free. But since you are thinking of monetizing your blog then I advise
that you create your own blog and host it at a low price.
You can
own a blog site that writes articles, report news, do gossips post
pictures and videos or even combine all together provided it is related
to the niche you have selected for your blog.
There are no restrictions on the kind of posts you do on a blog but most importantly it should be something engaging
#2 Freelancing
There is virtually no how you will mention types of online businesses without talking about freelancing.
All you need do is to have the desired skills that people demand for day to day.
You
can start as a novice and then develop yourself into a multi-skilled
freelancer. Associate yourself with any of the freelancing communities
and then start making cool money by exchanging your skills and services.
Examples of a platform where you can exchange your skills for cash are;
Fiverr
Up-Work
Freelancer
Skyword
99Designs
Guru
#3 Website Design And Development
Website
design and development is another lucrative internet business in the
world you can start with a small capital. As a web designer, you can
leverage the increasing demands of websites and web applications and
earn yourself tons of money online through website development for
businesses and clients.
The singular fact that every business
today both small and big wants to become global and reach a wider range
of audience by going online through owing a website makes website
development skill a very demanding skill and you can hardly fall short
of clients.
One advantage of this kind of business is that
advertising your skills is a lot easier especially when you have
delivered quality jobs for others.
The visitors of those sites
that you delivered in time past becomes a potential client since they
will be impressed with what they will see on the site
In case you
are considering this opportunity then I advise you start right away by
gathering the necessary knowledge needed to succeed as a web developer.
Here are some free online website development courses;
Khanacademy
Code4startup
Codeavengers
Howtocode
Ilovecoding
Freecodecamp
Whatsdev
#4 Affiliate Marketing
Affiliate
marketing is one of the simplest online business opportunities that you
can do that guarantees you 100% passive income if properly done.
This
business is about selling products or goods on a commission basis for a
range of companies, institutes which could be a major brand and
businesses providing services.
All you do basically is to market
the product to prospective buyers while the packaging, shipping,
customer complaints/service is handled by the manufacturer of such goods
or products.
As an affiliate marketer, you will have to set up a
website that is focused on a specific niche. Research competitive
keywords for that niche, with the aim of getting a high ranking for
those keywords on Google search.
The visitors who come to your
site may click on the referral links, and if they make any purchase as a
result of your referral, you get paid a commission.
The bottom line is that you earn money by simply promoting other people’s business or services.
Some examples of companies you can affiliate with are;
Amazon
Grammarly
Fiverr
Jumia
Konga
It
may also interest you to know that you can also do affiliate marking on
your social media platform like Instagram; you can do so by running
promoted or sponsored ads on your Instagram account especially when you
have a large number of followers.
#5 YouTube Videos
There is no doubt that YouTube is the largest video sharing community in the world as it stands today.
According
to recent statistics, viewers now prefer to watch videos on YouTube
than on any other video sharing platform. This makes the possibility to
generate passive income from YouTube very high.
The newly introduced YouTube Partner Program offers you the opportunity to make money from creating and uploading videos.
You get paid a percentage of revenue collected on adverts per 10,000 views.
The
beauty of it is that the amount of money you can earn depends on how
many views and subscribers your channel is able to generate for a given
period of time.
You can direct your energy and talent towards creating videos on any of the following needed areas of life using YouTube.
Entertainment videos
Tutorials
Product reviews
Cooking
Gaming
Comedy
Meme
Educational
Q&A,
Unboxing videos
You can also make money from YouTube if you are creative.
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