Top 6 Online Business Ideas in 2020

Why should anyone start an online business? Well, as new technologies emerge, you can expect the job sector to be hit by automated services. To add to that, it is quite cumbersome to join the ‘rat race’ where you have to wake up early just to get to your place of work.

An online business basically makes you your own boss and aside from that, there is potential to earn a lot of money.

Today, I am going to talk about some online business ideas that are suitable in 2020.

Affiliate Marketing

Affiliate marketing, even to this day, is one of the best online businesses that one can put up. Yes, it is a business in and of itself because you are basically acting as a sort of advertising agency for your partner merchants.

That being said, you promote products and services in a much different way than traditional advertising. Instead of creating banner ads, you create content that will help increase internet traffic that goes to your website. The bigger your audience is, the better your potential commissions will be.

Affiliate marketing takes longer to set-up and flourish but once it does and so long as you have chosen the right niche, you could potentially earn six or seven-figure salaries a month!

Consulting Services

Have you ever stopped to wonder why a lot of people want coaching and consultation services? That is because they want expert advice on a particular subject matter. If you are good at something, never do it for free (great advice by Joker right there).

If you are a fitness coach in real life or you are just passionate about different diet plans and exercise regimens, then you can create a consultancy office where you can provide coaching to people that want your advice.

It may take some time for you to gain some good reputation but it will all be worth it.

Digital Marketing Services

Unlike affiliate marketing, digital marketing is making use of various advertising methods to help promote a certain business.

You could think about creating your own banner ads, promoting a certain business on social media platforms, and even dabble on some content marketing while you’re at it as well.

Writing SEO Articles

If you are passionate about writing and you know a lot about SEO, then why not create articles for SEO purposes? A lot of online entrepreneurs are actually on the lookout for writers that are able to meld both creativity and search engine optimization together.

SEO, for those of you who do not know, is very important if you want to make your website known to the public. By implementing the correct SEO practices, you can let a certain website rank higher in the search engine results pages.

Website Design and Development

A lot of people believe that creating websites is not lucrative anymore but that is actually not the case. Sure, there are website builders available out there, but nothing beats a website that was developed from scratch.

If you are pretty good at designing websites and even have knowledge about the backend stuff, then perhaps you can sink your time in creating websites for businesses and individuals.