The number of Internet users and the amount of business done online around the world is growing at a staggering rate. The opportunity is there for you to create a dynamite business online if you do it right. You have to choose the right business, develop the right Web site for your target market, and build substantial traffic to your Web site. The online customer is extremely demanding, with expectations that exceed those of the offline buyer in many ways. Here I will provide you with a number of online business ideas for your consideration.
You may want to check my last article where I mentioned about top money-making business idea
1. Apartment locator
In a fast-paced life, many individuals travel to different cities or states either for living or to work and it’s never going to be easy as everyone knows it. So by considering this difficult for people, we can start this business by offering them a service. This is a problem that is being solved by many businesses in major cities across the world. We can launch own apartment locator website which could turn out to be a good source of income.
Your main source of income will be referral fees by renting apartments, condominiums, and other properties. You could also charge a
fee for sublets, apartment sharing, and private rental listings. Requests are sent via e-mail from those seeking an apartment to you, the site owner, with a description of the desired apartment location, size, necessities, and so on, that an individual is looking for.
You then take the request and find the best possible location to suit the person’s needs. Once you have found a match, you set up a time for your client to view the apartment. You collect a referral fee if the client signs a lease.
You can start this business with around INR 1 lakh. At the starting phase, you will have to pay to design and develop your website. If you want to develop the database, there will be additional costs involved, the amount will be determined by the level of sophistication, the number of fields. Additional costs associated with opening this business include online advertising costs and any offline promotion that you want to do.
2. Business operating center
The development of the business center is one great resource to bring some additional income. For this first, you’d be required a website where people could post resumes and business organizations can enlist job openings. You can earn money by posting advertising to your site or by allowing businesses to subscribe for your site, whereby they receive information to their needs or you can provide employment for people.
If you want to focus on a specific niche, suppose you want to provide an opportunity for engineering you should have knowledge of that specific industry. If you’re going to provide general business opportunities then all you have to need is some general knowledge of internet and marketing strategy.
If I talk about some information about investment, your cost will mainly consist of website design, development, research, advertising, and maintenance cost. The expected starting cost will range from INR 3 lakh to 5 lakh.
3. Business plan writing service
There is an overwhelming of entrepreneurs out there with notable ideas but they’re facing lacking organizational skills and writing skills to produce a professional business plan. The internet is the ideal platform to provide this service.
Start-up businesses pay a good amount of money to have business plans developed when they are trying to get a loan or funding for the project. A poorly return business plan can deter the chances of receiving money, which is one important reason to have business plans written in professionally. There is a tremendous opportunity to make a lot of money with this business.
Expertise in writing skills and knowledge of the regular business is required to handle this type of work. The ability of how to work with bankers and lenders is one added advantage.
The costs associated with this type of business is range from INR 2 lakh to 3.5 lakh, which includes the cost of design, build and hosting of your site and some investment in computer hardware and software. Additional costs could be the advertisement for your service – online and offline.
4. Event and Meeting Planning
To plan a meeting or an event can be a time-consuming task for most people, and a well-done event usually requires a professional’s touch. Since most events are special occasions, the customers are usually more flexible regarding pricing but are still seeking the best deal possible.
To earn money from web-based event planning you need to find clients, their objectives, needs, and requirements. You’ll then make a plan or event for clients by making necessary arrangements.
Generally, this business would pay you as a commission or as a direct charge. Often event planner can ask you for the arrangement for everything. In this case, you must be ready in such involvement.
Good organizational and communication skills are most needed. Unless you are fortunate enough to be operating in your local area, you will be required to arrange long-distance events too.
The cost of setting up and run this type of business will be approximately INR 1 lakh. Initially, you’ll have to pay for costs to develop your website and hosting charge. In addition, it’ll cost for online and offline advertising. This online business has strong international potential since you will provide services that are universally beneficial. In addition to providing your organizational expertise, you could also start your own affiliate program with your suppliers. That way, even if your customers choose not to use your services directly but use your website to locate a specific supplier, you will earn a referral fee from the business that you helped your supplier get.
5. Interior designer
This business has very great online potential. The designing is becoming extremely important as it affects the productivity of work. If you’re a designer or work in a relevant field then this business could create extra income for you.
For this, clients will find your site and services that you’re providing. Then you’ll consult with the client through any source of communication to search-out their design requirements. You provide the required design service and deliver the final product. This service can be provided on an hourly basis or on a contract basis.
To start this business you should have some designing knowledge or experience for some industry. Basic web publishing knowledge would be another benefit. Whenever you’ll communicate via email to describe suggestions you’d need some knowledge of Adobe Photoshop or some image editing software to convey your ideas.
The cost to start this business would be the design, development, hosting of your web site, computer, some software, scanner, printer, and digital camera. You can start this from home and as a part-time. The initial starting cost ranges from INR 4 lakh to 6 lakh.
This business has international competence, however, the only restricting factor could be a language barrier. This is a challenging and competitive business so to offer quality service your web site has a good source of ideas, tools, and tips so that it can be easy for users to decide what they want.
The development of an affiliate program for business owners of the wall and cover manufacturers and distributors would increase the awareness of your services.
Thanks very nice blog!
Thank you!!! Keep supporting