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Friday, 1 November 2019

Online Business Ideas That Make Money In 2019


1. Start a Listicle Blog


A really simple idea that would only take up to 1 hour of your time a week and about $20 in costs. Over time it could make you quite a bit of money.

Sites like Viralnova.com and Fukarf.com create compelling content by finding funny, emotional and inspirational stories on Reddit, Facebook and Imgur, rewriting the content, adding some more detail and publishing the content on their own site.

Just to give you an idea on how successful these types of sites are, ViralNova was set up buy one guy who hired a couple of writers to rewrite successful content that was published on other sites around the web. This site sold for $100 MILLION!!! Before that, ViralNova was making $400k+ per month in ad revenue.

With a bit of promotion on sites like Twitter, Facebook, Reddit, Stumbleupon and eventually organic traffic, within a couple of months you should be pulling in 30K to 50K unique vistits a month. Monetize the site with adsense to get some revenue in to cover costs of your hosting and domain name costs.

Ok, you’ll be making peanuts to start with( $10 to $50 a month), but as the traffic grows, this figure could grow to $1000 + a month. Then potentially you could flip the site for 30 times the monthly revenue. I know people who do this all the time and flip sites after 8 months for $10,000 + !

Check out my guide on How To Start A Blog, to see how you can get this business idea off the ground in less than an hour!

Or just go straight to BlueHost and get your blog live and making money!

You can get BlueHost’s basic hosting package for a crazy $2.95 per month ( 36 months )

If you want a plan that allows you to scale up your blog / website in the future then I would suggest you go for their Plus Package for just $5.45 per month. With this plan you get more unlimited features such as bandwidth and the ability to host unlimited websites on your account.

You can get your hands on ViralNova type themes from MyThemeShop 

2. Sell Your Own Brand

If you have a knack for creating unique images, there’s no need to fuss over your own inventory. If your creations can be easily printed onto a product, then you can make money. Upload your designs on a variety of websites like CafePress. If someone likes them, the company prints them up and ships the product. You could create unique designs for calendars, books, T-shirts, bags, hats, greeting cards, or posters and get a commission for each one sold. Some of these sites include Zazzle, Teespring and Lulu.


3. Build Apps

Because smartphones are everywhere, the demand for new and creative apps is increasing in popularity more than ever before. Between Google’s Android and Apple’s iPhone market, people are using countless apps everyday. And, most of them are selling right and left. Taking the time to develop and sell a smartphone app may be worth your while since it’s a very lucrative way to earn money online. The apps cost almost nothing to actually develop and don’t involve any shipping or storage costs, which works to expand your overall profit margin. Well performing apps can make thousands in ad revenue each month for their creators, making them another great passive income strategy.

4. Buy and Sell Domains

Many people buy and sell domain names to earn money online since it takes very little time or investment. You can purchase a domain at its registration price or even much cheaper and then resell it for a profit. But, it always pays to do your homework first on websites like Afternic.com, Sedo.co.uk, or other domain auction websites in order to get a good idea of what’s popular in terms of domain names. An ideal way to find really good names is to check out terminated lists that offer many expired names and have made their way back into the pool for people to buy. A good site for this is expireddomains.net where you can put in your desired keyword that you want in your domain name and a long list of domain options will appear.

Resources:

To learn more about Domain Flipping, head over to Domain Flipping Guide. Their course ( $19 one off fee ) teaches you how to turn $10 into $1000 by flipping domains.

5. Start Trading Stock and Forex

Some people consider joining the volatile stock and forex trading market to be a somewhat risky business idea. This is very true, but if you start out small and keep researching until you gain knowledge and experience in this area, it might just bring in the rewards you’re after.

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFD assets.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Please beware that this content is intended for information and educational purposes only. Do not consider my guide to be investment advice or investment recommendations.

If you want to test the water, then head over to Etoro and sign up to their free and user-friendly social trading network, where you can learn how to trade risk free with their trading simulators. They have plenty of resources on their to help you learn how to trade stocks, shares and currency.

Retail investor accounts lose money when trading CFDs with Etoro. You should consider whether you can afford to take the high risk of losing your money.

6. Create an Ecommerce Store


With solutions such as Shopify and Woocommerce it has never been easier to start your own online store for such a low investment and thanks to methods such as dropshipping you don’t even need to worry about things such as delivery or warehousing. Read my guide to starting an eCommerce website and reviews of eCommerce site builders.

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