Top 20 Online Money Making Business Ideas to Earn Big Money


There is no denying the fact that starting up a business is by no means an easy task. It has always been that way since ages, but the current digital era has somehow streamlined the overall process. The only thing missing is a good business idea as well as marketing plan to work upon. This is why most of the entrepreneurs are now shifting their focus on making money online.

Top 20 Online Money Making Business Ideas to Earn Big Money

There have been many case studies which have shown that a right online strategy and product can open a Pandora’s Box as far as financial gains are concerned.

Recommended Post: Yo!Kart- Perfect Solution to Start Multivendor Store like Etsy and FlipKart

However, this is not newsworthy and most of the users understand the fact that the future of commerce is in the digital sphere. The only hurdle stopping them from jumping on this online business bandwagon is the lack of ideas. Following are the top online business ideas that have the most probability to earn big money in the current market.

#1 Online Business Idea – Multivendor eCommerce Store

What is it?

The fact that online e-commerce stores are the holy grail of digital era. Multi-vendor online marketplaces can prove to be a gold mine when done right. Rather than selling themselves, it is more feasible to open a marketplace where sellers can come and sell their products. All you have to do is focus on marketing and providing a gateway to connect buyers with sellers.

Multivendor eCommerce Store

How it works?

The idea behind multi-vendor sites is to allow people, or companies, to create online Store and post their products for sale. Any vendor can create an eCommerce store on the website and start to sell their products. The website owner takes a share in the form of commission for each item sold.

Investment/Cost?

Nowadays you can get an easy to use, fully functional eCommerce store design for as little as $250. After that all you need to is a domain and hosting. However, once your online eCommerce store starts, you need to also put some money into digital marketing which would raise awareness about your product among users.

How & where to start?

YoKart offers most affordable opportunity to build a multivendor eCommerce store like eBay, Amazon & Etsy. By paying just $250 you can easily start your eCommerce venture.

Demo

Yo!Kart


#2 Earn Money by Running – Daily Deal Portal

What is it?

A daily deal website helps people across the globe discover and purchase best local deals. It is popular business model which notifies customers about the deals they might be interested in through regular emails. This in turn creates a marketplace that certainly helps customers in landing the best deals out there, but also helps merchants in getting more and more orders.

Daily Deal Portal

How it works?

You partner with Local merchants to provide them X number of customers. You then post the deal on the website and send daily deal emails to prospective customers. The deal is valid for a certain time period. During that period you get X number of customers purchase the deal upfront, then all the customers receive their order as scheduled. If not then the money is refunded.

Investment/cost?

The main investment required to start a daily deal involves a website and hosting. But more importantly it is a custom build website design that matter the most. You can get a fully functional daily deal portal up and running with a small investment of $499.

How and where to start?

Yodeals offers custom built CMS system to provide an immersive and user engaging website like Groupon and LivingSocial up and running in no time.

Demo:

Yodeals


#3 Online Money Making Business – Market Place for Freelance Writer

What is it?

The fact of the matter is that content will the core aggregator that binds information sharing. Academic writing such as essay writing, research paper writing, etc. will never go out of context. The current market dynamics, professional writers are being sought by everyone to write engaging content. So a peer-to-peer freelance portal is always offers a good business model.

Online Market Place for Freelance Writer

How it works?

You build a platform to connect freelance writer with prospective clients. Users register on the website and submit their task. After submitting they select suitable writers and make the payment to escrow account. After hiring the writer starts works on the project. When the task is completed via approval from the client, the writer gets paid and you get a cut from the commission.

Investment/Cost

As discussed earlier the only major investment required to start a freelance writer portal is domain and hosting. In addition to it, you would also require a custom built website with robust tools. With an investment of $2499 you can start you own writing marketplace.

Also Read: Paperweight – Easiest Way to Start Writing Platform

How and where to start?

PaperWeight is a ready to use turnkey solution which can help you build an online marketplace for writers in no time. Its responsive design and exquisite features can help you start your writer management website clone to earn greater profits.

Demo:

PaperWeight


#4 Money Making Business – Online Custom Tailor Store

What is it?

In recent times, custom clothing website have gained much popularity. As the name suggests, this website provides an online platform where customers can get custom tailored clothes by providing their measurement and style specifications. The future of online shopping is all about bespoke clothing and a web portal offering that service can attain great success.

Online Custom Tailor Store

How it works?

You build an online portal where users can select fabric, design it as per their style, and you get the stitched piece of clothing delivered to their doorstep. There is also an advance search that allows you to search by price, color, material, and pattern, among other options. You would earn direct revenue from customers depending on the number of orders received.

Investment/costs

An online custom clothing website is in great demand and you can get you own website up and running in just $999.

How and where to start?

Stitch is an online platform that can help young entrepreneurs with small budget launch custom suits & shirts websites. Their affordable packages offer a viable solutions to anyone looking to enter this niche sector at extremely small investment.

Demo:

Stitch


#5 Money Making Business Idea – Online Food Ordering Portal

What is it?

Home delivery has been the part of hospitality industry for a long time. With eCommerce coming into picture, online food ordering portal have become the need of the hour. These portals tie up with local restaurants and provide a portal to order online food.

Online Food Ordering Portal

How it works?

These systems act as a common platform between customers and restaurants. Subscribed users search for restaurants, place the order with their chosen restaurant, and pay for it online or opt for COD (cash on delivery). Rather than taking them to the website of the restaurant the order is place on the same website. The delivery however is handled the restaurant owner.

Investment/costs?

The main cost input for this business model just involves running the website as all the other services are handled by the restaurant owner themselves. Moreover, you have to spend a huge amount to build a custom online food ordering portal. You can get a food ordering and delivery website with an investment of just $2999.

How and where to start?

FoodPanda is one of the market leaders in this sector. It was built on big design & development budgets but this doesn’t mean you have to spend the same amount for a clone. By using a custom built clone script by FATbit you can easily start you own FoodPanda clone.

Example:

FoodPanda


#6 Money Making Business – Online Travel Booking Website

What is it?

Travel booking websites sell vast range of travel products including discounted flights, cruise tickets, and travel packages. While people rarely visit travel agents nowadays, the growth of online travel booking portals is very impressive. Launching an online travel planning business therefore makes perfect sense for people who want to earn regular income online.

Money Making Business - Online Travel Booking Website

How it works?

Visitors will use your travel website to search discounted deals on hotels, flights and accommodation. With a centralized system, all the booking are handled and forwarded to the corresponding travel partner. While bookings are handled by the actual booking website, affiliate websites earn in the form of per-click and per-booking earnings. As the traffic grows, your profits also grow.

Investments/cost

A fully fledged online travel booking website requires a robust booking system along with user engaging website design. Brands like Travelerrr.com provide turnkey solutions to help people launch travel websites at small investment. Visit Travelerrr to view packages.

How and where to start?

Tour and Travel industry has seen tremendous growth in recent years and this business has a promising future. One way to launch a travel website is to hire a team of designers and developers to build your own travel portal. This requires more investment and efforts. To get started instantly, readymade solutions like Travelerrr are the best option. Learn more about the travel affiliate business.

Demo:

http://demo.travelerrr.com/


#7 Online Business Idea – Real Estate Portal

What is it?

Internet has surely fueled the growth of many online eCommerce sectors. Finding a place to rent or buy was considered to be one of the toughest jobs before the emergence of online real estate portals. These website offer innovative tools to find a relevant property with just a few clicks. This removes the hassle of personally visiting hundreds of places.

Online Real Estate Portal

How it works?

Online real estate websites offer real-estate developers and brokers a preferential space on their portal at a premium price. They also advertise/provide information about projects to the buyer and gathers buyer information to share with the builder or broker. They act as middle channel between the buyer and the seller.

Investment/cost

Most of the prominent names in this sector have put in huge investments as well as backend services and online tools are concerned. But you can start your own portal by investing wisely in an advanced clone script that has all the features.

How and where to start?

Just like everything else, property search has also moved online. And if you aspire to be part of this online property rush, then, you need a website partner like FATbit that can develop a unique brand identity, advanced functionality, & literally anything you wish for. They also have a custom clone script that has all the advanced features along with economical prices.

Example:

Kazadu.com


#8 Online Money Making Idea – Buy & Sell Domain

What it is?

This is a digital era and having an online presence has become imperative for businesses and brands. Website domains have become a hot commodity and prominent names are taken at a premium. One way of capitalizing on this business model is to deal in buying and selling of domains.

Buy & Sell Domain

How it works?

If you have a good knowledge of internet culture and evolving trends then you can surely make money by buying domains that will be valuable in future. It is a simple business of buying at low price and selling at higher. All you need is good understanding of web, ongoing trends and a mind that can identify opportunity.

Investment/cost

This is one such business that does not cost much. All it takes is the knowhow the latest trends in order to buy domain names that could generate value in the near future.

How and where to start?

You can start your own business of domain reseller by opening an account on any domain registrar. There are many online tools that offer you recommendations on domain names based on keywords. Using these tools you can start building your kitty of domain names.

Example:

Flippa


#9 Money Making Business – Online Employment portal

What it is?

Another niche sector that has come out of the internet bubble is online job search services. Find a relevant job can become a hassle due to increase in competitiveness. This is where online job search website can come as a boon for companies looking for talent and people looking for a lucrative job opportunity.

Online Employment portal

How it works?

Users create profile on the website and post their resumes while companies looking for applicants can post job offers. You act as a platform to connect the two ends. In order to have an edge over the competition, you need to provide advanced tools like analytics which can prove to be useful for job seekers.

Investment/Cost

The overall cost input and investment depends upon the scale of your business. You can easily get a feasible clone script which is a cost effective solutions to build an advanced online employment portal.

How and where to start?

The first and the foremost step towards starting an online job search portal is finding a clone script. FATbit is the go to name when it comes to clone scripts. By analyzing you requirement and the scale of website, you can start working on the database to build an initial repository of job offers.

Example:

Monster


#10 Earn Money Online with- Car booking Platform

What is it?

As discussed earlier, internet boom has led to a splurge of eCommerce sector. One of the key areas which has attained preference is the online car booking market. It has now become easy to find all the information about a car online. Moreover with advanced tools users can even compare and book new as well as used cars online.

Online Car booking Platform

How it works?

It basically works on a multi-channel architecture where new cars are sold in B2C model and used cars are sold in peer-to-peer model. All you have to do it provide an intuitive platform in the form of website with immersive design.

Investment/cost

Advanced clone script is the best way forward in building a cost effective and robust website.

How and where to start?

FATbit is a prominent name that comes to mind when you talk about clone websites. As per the requirement and the scope of development you can start your own portal that has all the features required for a successful online car booking website.

Example:

UBER


#11 Money Making Business Idea – Buy Sell Books Online

What is it?

Over the years there has been a huge influx of devices across the globe. In addition to it internet has also made it easy to access any form of information from anywhere. Online book selling has become a lucrative business with huge profits.

Buy Sell Books Online

How it works?

It is vital to understand that it is a niche market. Rather than going to a books store users can now buy books easily through online portals. Many online book selling portals also allow users to read a preview of the book in order to get accustomed with the contents.

Investment/cost

In order to start an online portal for selling books, you require an advanced CMS as well as intuitive e-commerce website. The cost and investment can depend upon the scale of you website and your inventory.

How and where to start

You can start by going with a cost effective website clone script. FATbit provides a wide range of clone script across niche markets. You can also customize the scripts as per your requirement and scale.

Example:

madBooks


#12 Online Business Idea – Become social media Marketer

What is it?

Social media has become the core of all information sharing. From consumers to enterprises and brands, everyone want to capitalize on social media marketing in order to create various communication channels. If you love social media and have the mind of a marketer then this sector can be a boon for you.

Become social media Marketer

How it works?

The main focus of SMM is to influence traffic and trends on social media and funnel it towards corresponding business. Brands often hire social influencers to widen their social reach and generate business benefits. All you need is a good following on social media sites like Facebook, Twitter, and Instagram.

Investments/Cost

The most vital aspect about being a social media manager is that you do not have to put any investment. An active social media account and huge followers can start a viable social media marketer business.

How and where to start?

You can start by creating an account on various social media platforms and start sharing updates beneficial for users. After attaining ample amount of users, you can start promoting products, services, and campaigns as influencer.


#13 Online Business to Make Money – Become Services Reseller

What is it?

In the current digital age, in order to stay profitable you need to have various channels of sale. The fact of the matter is that every product and service provider are looking for partners who can help them boost their sales. These are the partners who have strong marketing skills and have the capability to sell a product. Service reseller has huge growth potential for people who rely heavily on customer services but do not have the backend or products. This is why becoming a Service reseller is one of the most efficient online business.

Become Services Reseller

How it works?

As a service reseller, you sell the services/products of your partner at a higher price and keep the margin. All you have to do is sell the product or service while all the work is done by products or service owner. For example you partner with a web designing company and sell their service while retaining some profit as an intermediary.

Investment/cost

Overall it does not require any type of investment. All you need is a professional website which feature your packages.

How and where to start?

You can start by creating your own website and featuring services you want to resell. Then you can contact partner websites to start MOU with them by reselling the services. You can even check out FATbit Partnership program to launch your service reselling business.

 Example:

Web Services Reseller


#14 Online Business Idea – B2B Marketing

What is it?

Business-to-business marketing or B2B marketing, as it is commonly known involves the sale of one company’s product or service to another company. It works on the same concept as services reseller, but in this case you are selling products of one company to another.

B2B Marketing

How it works?

When a fortune 500 company want to buy new computers for its 1000 plus employees they do not send a manager to a local computer shop to buy the products. This is where B2B marketers comes into existence. It relies on the same principal of consumer marketing, but focuses more on price and profit potential.

Investment/Cost

Overall it does not cost much to start an online business revolving around B2B marketing. All you need is a professional website.

How and where to start?

You can start by collaborating with companies that are open to business to business marketing and promote their products on your website.

Example:

B2B marketing


#15 Earn Money Online – Promotional Videos / Presentation Creation for Business

What is it?

Many businesses have started to look at innovative way of building communication channels with the customers. One way to bridge the gap is online promotional videos which are creative and user engaging. If you have a knack of presentation, then you can easily offers services to brands by creating promo videos and presentation.

Promotional Videos / Presentation Creation for Business

How it works?

Rather than creating in-house promo videos, most of the business find it feasible to outsource these services. This not only adds professional touch to it, but also makes it economical. You can create a catalog of videos and promotional presentation that can be used to brands as well as organizations.

Investment/costs

The overall cost input in starting a business like this is minimal. All you need is a professional looking website with all the packages.

Where and how to get started?

This is a business idea that relies on creativity and ingenuity in creating engaging videos. You can create a few demos and showcase it to business.

Example:

Presentation Creation for Business


#16 Earn Money Online – Simply By Being Online

How wonderful it would be that you earn money, simply by being online. As a matter of fact, it is possible and the service has been around for quite a while now.

What is it?

Swagbucks, a US based online reward website, awards people a virtual currently for being online, which can then be converted into real money.

Earn Money Online – Simply By Being Online

How it works?

The math is simple, people go online, browse internet, do online shopping, play online games, fill surveys, download apps, etc. and earn points that can be redeemed as gift cards of popular eCommerce retailers like amazon, target, etc. Besides Swagbucks, there are many other such websites. Plus, Microsoft also offers Bing Rewards for using its search engine Bing.

How to begin?

Well, all you need to do is to make a profile on them, and start using internet as you usually do.

On a second thought, you can even build a website like Swagbucks to bag a huge pile of money, as a good number of advertisers approach these online reward portals. Whichever way you choose, you have plenty of chances of making money. Refer this post to learn all about building a Swagbucks clone website as well as different ways to earn money through it.

Example:

Swagbucks


#17 Earn Money Online – Run Online Membership Portal

What is it?

With the increase in competition, businesses have started to incorporate various new strategies to gain consumers and increase sales. As the name suggests, an online membership portal allows users to find service providers in a particular area, compare their offerings and pick the best deal. It is basically a search and comparison website for membership based businesses like Gym, Dance studios, coaching classes, spa etc. The future of business-to-consumer market is all about creating multiple channels which can benefit both the ends.

Earn Money Online – Run Online Membership Portal

How it works?

You build an online portal where business can come and register. They have their own business page where they can add all the relevant information related to their business. Using advanced search and comparison model, users can select the services of the business best suited to them. It is time saving and a better alternative to local business listing websites. You can earn direct revenue from Membership fees, commissions as well as advertisements.

Investment/costs

An online membership portal is in huge demand and you start your own website in just $1999.

How and where to start?

YoMemberz makes it easy for entrepreneurs with small budget launch their own online membership portal. The affordable packages offer by them along with its advanced features makes it a turnkey solutions for anyone looking to enter this niche sector.

Example:

YoMemberz


#18 Earn Money Online – Run Online Rental Business

What is it?

Online rental portal is aimed at entrepreneurs who want to enter into online rental sector to compete with websites like Gamefly or Redfly. Renting has become one of the core areas of ecommerce in the current age. People have taken cognizance of the fact that it is much feasible to rent an item rather than owning it. This is why online renting sector has seen huge growth potential. This rent-trend has given rise to online rental service portals and created the market for rental website builders.

Earn Money Online - Online Rental Business

How it works?

The idea behind online rental portal is to allow people get connect with each other for renting different items. Owners can register on the website and put their items for rent. While prospective renter can choose their preferred item for a limited period of time. This way owners get to make money with the items they rarely use, while renter get to use the item without splurging on buying the item. The website get a significant amount as a commission on each transaction.

Investment/costs

Nowadays you can get an easy to use, fully functional online website portal for a small amount of investment. Thanks for website scripts like Yo!Rent. In addition to that all you require is a catchy domain name and hosting provider. However, you would also need to put some money into digital marketing to create user base initially that will set the ball rolling.

How and where to start?

Yo!Rent is the best possible solutions when it comes to advance feature along with low cost of investment. In addition to that you can also customize the website as per your requirements.

Example:

DEMO


#19 Online Money Making Business Idea – Invest In Startups

What is it?

Due to the internet age, it has become feasible to start your own company. As discussed earlier, having a business idea is the core to build your own online business. But rather than brainstorming on a money making idea, one of the more viable ways to earning big money is to invest in startups. People have taken cognizance of the fact that it is much feasible to invest in a startup than starting your own. This is why angel funding has seen a huge boost in the recent times. There have been many example where timely investment in promising startups have yielded a money munching ventures.

Online Money Making Business Idea - Invest In Startups

How it works?

The idea behind startup investments is to identify key business model that have huge growth potential. It is about picking businesses that you believe have the overall potential to grow. By investing in a company you get a portion of the equity and hence become a part owner of the company. If the business succeeds, you share in the company increases in value and would eventually get paid when it goes for further investment.

Investment/costs

Nowadays it has become highly feasible to invest in a company. The only hurdle is to find the right business model and company with huge growth prospects. Thanks for website like Seedrs, investors can get an overview on the emerging businesses. Each business decides how much money it wants to raise in exchange for a certain percentage of its equity. So the investment would vary upon the business prospect of the company and how much it is valued.

How and where to start?

Seedrsis the best possible solution when it comes to investment in startups. In addition to it, there is also Angelist, which gives comprehensive information on promising startups.

Example:

SEEDRS


#20 Money Making Business – Online DIY Video Creator

What is it?

Information has become the key of all online interactions. If you have a knowledge in some field, you can easily make money by sharing that information with other people. Online teaching platforms, have made it easy for anyone to start making money by doing DIY (do it yourself) videos. You can start a subscription model where users have to enroll to the videos in order to seek the information.

Money Making Business - Online DIY Video Creator

How it works?

In this age of information sharing, users find it easy to gather information on a topic over the internet. This have given rise of online teaching modules, where professional make DIY videos which can be viewed via subscriptions. All you have to do is make an informative video and post it to a sharing platform that offers subscription services. As users start to enroll to your online class, you start making money and help in spreading knowledge.

Investment/costs

The vital point to note is that this type of business idea does not require any type of investment. All you need is a platform where you can upload your videos and start a subscription.

How and where to start?

You can start by registering on websites like SkillShare that offer a comprehensive guide to starting your own online classes. Then you can start by creating engaging as well as informative videos on a particular topic to create a niche for yourself.

Example:

SkillShare


Each of the internet business idea above has competitive niches. Some of them require investments while others can be started without any monetary requirement. Internet has surely given rise to a whole new dimension of business model. Most of these business models are in their nascent which makes it easy to anyone to enter the market. By going through all the above mentioned options you can choose the business idea best suited to you.

Similar Posts: Top 10 Ultimate Ecommerce Turnkey Solutions for Launching Online Business in 2016

15 Best New Business Ideas for 2015

Top 15 Home Based Online Small Business Ideas

Awesome business ideas for a startup business

Advertisements

About Sandeep Thakur

Sandeep Thakur works as Internet Marketing Strategist at FATbit Technologies and has been active in the online marketing industry for many years. He is also the online marketing consultant of FATbit’s leading product Yo!Kart, a multivendor ecommerce system to launch ecommerce stores at low price. More Info link:http://www.fatbit.com/website-design-company/multi-vendor-ecommerce-system.html Follow on Twitter: @sandeepsktr
This entry was posted in Money Making Businesses and tagged , , , , , , , , , , , , , , . Bookmark the permalink.

5 Responses to Top 20 Online Money Making Business Ideas to Earn Big Money

  1. Pingback: Top 10 Money Making Online Business Ideas for 2015 | Online Business Tips, Tutorials & Solutions

  2. ebabula says:

    Great Post 🙂

    Liked by 1 person

  3. evxixjie says:

    many thanks for share a awesome list on great business ideas. Hat off to you.

    Like

  4. Satyanaam Bajpai says:

    thanks for the wonderful list of great busniess ideas with example.

    Like

  5. patelav says:

    thanks sir for this awesome post.really this is the best online business idea and its tutorials.much helpfull for me.

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s