Are you thinking of starting a business online? Well there is no better time to start than 2011! The potential of the internet seems limitless at the present moment, and all you need to start up are some domain names and a dedicated server .
Here are seven great business ideas for 2011:
1. Niche Blogging
Blogging has been around for quite a number of years now, but it still continues to grow and grow. The great thing about niche blogging is that it can so easily be monetised.
Say you have a niche blog about your favourite footy team – The Suns. If your site draws a lot of visitors, then you could easily sell advertising space on your blog. Although The Suns are a hypothetical team, this business model has been very successful for niche bloggers around the world.
2. Freelance Writing
If you have a talent for writing then it is so easy to set yourself up as a freelance writer. The best place to start would be Elance and Guru. Simply create an account and complete a few writing projects. Once you have enough ‘clips’ (writing experience) under your belt, you can apply for higher paying roles.
Just remember to keep in touch with the people you worked for; it’s always nice to have someone who will give you a great recommendation.
3. Affiliate Marketing
Affiliate marketing is one of the easiest ways to make money online. You don’t need to be a talented writer or an expert on any topic; you just need to know how to market a product.
This particular online business model will suit salesman and marketers in general, the same basic concept of selling applies.
4. Sell Your Own Digital Products
Fifteen years ago, the idea of selling something online would sound ridiculous. But with the roaring success of eBay, anyone from any corner of the globe can sell their products to a world-wide market. If you have any sort of digital product – an eBook or an online training course for example – then you could make a living selling these products on sites like eBay.
5. Website Flipper
The logic behind website ‘flipping’ is fairly simple: You buy a domain name and build a site. You then go to Flippa.com and sell it to the highest bidder. Many websites have sold for over $10,000. That just one website! If you have a gift for creating snappy website, then you should definitely start ‘flipping’ websites.
6. Drop Shipping
Have you ever really wanted a product in another country, only to find out they don’t ship overseas? Well you’re not alone. This is a common frustration for people all over the world. So why not start up a drop shipping business? The concept is so simple – just process your customer’s orders and ship their products to them.
7. Sell Your Own Physical Products Online
If you can afford to manufacture cheap products, then why not create a website and sell those products online. Alternatively, you could open a store on eBay sell your products from there.
With these seven great ideas in hand, you are bound to make a killing online. Good luck!
