The 27 best online business ideas in 2022

If you are thinking of , this is the right time. According to forecasts, sales revenue in online businesses will amount to in 2022.

This shows that the number of people who prefer to shop online is constantly increasing. This is an excellent opportunity to open more .

However, success will depend on your idea. And if you don’t have one yet, don’t worry. In this article, we will list the best online business ideas for you to consider.

Why start an online business?

Here are some of the reasons people decide to start businesses online:

• The popularity of buying and selling on the Internet. Although online shopping has been around for years, the pandemic has made it a more common practice.
• Flexibility of hours and location. The owner of an online business can work from anywhere and at any time. Thus, home businesses allow you to have more time for your personal life.
• Low establishment costs. Unlike a physical business, it is not necessary to rent a place to start an online business. Therefore, the fixed expenses are usually much lower.
• Wide audience reach. Online business owners don’t have to limit themselves to local market demands to be successful. They can sell their product or service to customers all over the world.
• Passive Income Channels. Monetization methods such as affiliate marketing and online ads allow you to earn money with minimal effort.

The best online business ideas to start

Building a successful online business takes a lot of effort and time. Choosing an idea that suits your skills and interests will increase your chances of success and make the effort worthwhile.

Here are the 27 best online business ideas that you should consider.

1. Become a freelancer

• Estimated income: The is $21/hour, although the figure may vary by industry and location.
• Requirements: Skills and experience in a specific field.

With the rise of the gig economy, many people see freelancing as a viable alternative to the 9 to 5 grind. In fact, he reported that his income increased after making this career change.

Those with some prior work experience can leverage their knowledge and the network they have created to establish a professional brand. Any type of job will do, although web development, graphic design, and writing are the most in-demand.

As the freelance market has become more competitive, you have to craft a unique service to set yourself apart. One way to do this is to define your ideal clients, as Freelance Writer does, which focuses on B2B and SaaS companies.

Freelancers often to promote their services online. We also recommend signing up for sites like Fiverr and creating a LinkedIn profile to increase your visibility.

2. Start a blog

• Estimated income: Between $100 and $10,000 per month, depending on blog running costs and monetization channels.
• Requirements: Writing skills, content marketing and SEO.

is one of the most profitable online business ideas on this list. Many six-figure earning entrepreneurs, like , started by blogging about their skills and knowledge for a small audience.

But creating a successful blog is more than just sharing your ideas on a topic. When starting, remember to focus on the following elements:

• Content quality. The more valuable information you offer to your audience, the more likely they are to become loyal readers. Not to mention that the blog will have more chances to rank better in search engines.
• traffic volume. Bloggers with a high volume of visitors are often more likely to attract potential business partners and sell their own products or services.
• monetization options. Diversifying the sources to generate income on the blog will make it easier to obtain maximum benefits. Standard methods include the , Google Ads, and Sponsored Content.

3. Self-publish an eBook

• Estimated income: Depending on the platform, you can get between 35% and 75% of the royalties for each eBook sold. Keep in mind that the production costs of the book can range from dollars.
• Requirements: Creative Writing Skills

Thanks to the Internet, becoming an author no longer requires submitting a manuscript to a publisher. It is now possible to sell e-books using a personal website or self-publishing sites such as .

If you’re a blogger, eBooks are great for bringing together the content you already have into a comprehensive guide. That’s what he does with his long articles. To add more value to the product, insert some printable worksheets.

However, self-publishing sites offer the benefit of a pre-purchased audience, although you won’t be able to claim the full earnings from the eBook. This is why many writers create a site as an additional monetization channel to increase their income.

4. Launch an online store

• Estimated income: Come in $1,000 and $100,000 a yeardepending on the size of the marketplace as well as the eCommerce store and running costs.
• Requirements: knowledge of business management, digital marketing and site maintenance.

Creating one is one of the most profitable online business ideas you can try. With the right strategy, you could be the next person to launch a multi-million dollar brand.

The products and services that can be offered are endless. To have guaranteed sales success, you can check what the current trends are.

Or, try taking advantage of a . It may have little traffic at first, but it also means low competition and considerable growth potential.

A prime example of a successful micro-niche is , a caffeinated mints and gum company. The founders created the product as a healthier alternative to energy drinks and coffee.

In addition to displaying the products on your site, you can sell on social networks like Facebook or Instagram. Diversifying sales channels can broaden your audience reach, which can lead to increased revenue.

5. Start a Dropshipping Business

• Estimated income: Come in . Revenue may vary depending on the online store and the size of the market.
• Requirements: business management skills, digital marketing and site maintenance.

He is one of the best online business ideas if you want. In this business model, you partner with a vendor to sell their products on your platform. The supplier is responsible for storing and shipping the items, while the seller focuses on marketing the products to customers.

By not having to deal with inventory management, the initial capital is usually much lower. The average cost of creating a dropshipping site is 150 dollarswhich includes a web hosting service, a domain name, and listing in a provider directory, such as .

Of course, keep in mind that it will not be possible to see the quality of the product or control the shipping process in real time. To avoid any problems, we recommend that you research the providers first before working with them.

6. Resell used items

• Estimated income: Come in 50 and 5,000 dollars a month. He can range between $0 and $1,000 per item.
• Requirements: business administration and negotiation skills.

If you’re looking for an affordable online business idea, consider reselling second-hand items for profit:

• Look for good quality unused items around your house.
• Shop for free or cheap second-hand items at thrift stores, flea markets, or websites like Facebook Marketplace.

Once you have the items to sell, calculate their market value to determine a fair price. One way to do this is to find out what price similar products of similar quality sell for.

In some cases, it may be necessary to repair or recycle the item to increase its value. For this reason, it can help to have some basic crafting skills, although it is not a prerequisite.

For more small business-turned-big inspiration, visit . This site offers a complete course (in English) on how to turn selling products into a full-time job.

7. Sell handicrafts

• Estimated income: According to , the average income within this industry is more than $30,000 a year.
• Requirements: craft or craft skills.

The Internet has made it easy for artisans to turn their work into a profitable business.

Unlike merchants who partner with vendors, artisans have the advantage of selling unique products that customers can’t find anywhere else. Therefore, it is possible to charge higher prices for handicrafts.

If you need examples of artists who are successful at selling their work online, check out the e-commerce store at .

Another way to sell handmade products online is by using Etsy. More than 60 million of buyers, this platform can facilitate the capture of your ideal clients. Of course, be prepared to compete for the attention of users with other merchants.

8. Sell impressions

• Estimated income: Sellers typically charge 10-20% of the total cost of production to set the price for each print.
• Requirements: Visual artistic skills, such as photography, graphic design, or fine art.

Selling prints is one of the best online business ideas for visual artists. In addition to earning money, it offers fans the opportunity to exhibit your work in their homes.

One of the easiest ways to sell prints is to create an online store and sign up for a print-on-demand service like . This option allows you to do more artwork and focus on promoting the business while you take care of execution and shipping.

Some companies also sell full-size digital files of their prints, such as . In this way, customers can take care of printing and framing themselves.

9. Launch a subscription box

• Estimated income: According to reports from , earnings can range from $6,000 to over $400,000 a month.
• Requirements: knowledge of business management, digital marketing and site maintenance.

A subscription box service is a business model that periodically delivers a bundle of products to customers, such as .

These services have gained more ground in recent years. They reveal that 54% of online shoppers subscribe to at least one subscription box service, typically for reasons such as personalized experience and convenience.

The main advantage of managing a subscription box service is that…