Having an online business can give you a lot of advantages. No matter if you already have an existing business at a physical location. During COVID-19, many businesses went online, so it is possible to adjust your business and be presentable both online and offline.
Running an online business can become your main job, or give you a chance to earn extra money. If you are not engaged in any business activities, you may need to start by doing market research and find out what is in high demand and which business would be a great shot.
The most common businesses that do great online are e-commerce businesses, becoming influencers/marketers and getting paid from ads, offering digital marketing services, teaching and tutoring online, selling courses online, offer wellness and fitness training.
Continue reading to learn more about these online business types and get some tips on how to grow them.
Run an e-commerce business
So, if you want to start an online business or take your business online, but are not sure where to start, there are tons of opportunities to earn money online, you just need to know those and learn the ways to grow them.
Selling products online is one of the best ways to earn money. If you have production of goods and items, include those on your e-commerce website. Follow eCommerce business startup tips to set up properly, thus helping your business to start its path successfully. Another thing you can do is buy products from other wholesale stores, and present those on your site. If you want to start small, you can use Instagram, Facebook, or Tiktok to sell things online.
Tips on how to get started
Here is what you will need to do for your e-commerce business:
- Build a simple and appealing website
- Showcase products in logical order
- Include advertising to boost sales
- Integrate a CRM software to have customer data in hand
- Offer excellent customer support to ensure customer retention
Online teaching and tutoring
Teaching online is a new way to increase your income. If you are a teacher or have a narrow specialization, let’s say you have a lot of experience in marketing, you can start teaching online. When you are running your business online, choosing a VPN is an important task for cybersecurity reasons. And, exactly for your online presence to be secured, and to avoid cyber-attacks and phishing, you better think of choosing a VPN service.
Tips on how to get started
For teaching or tutoring online, you will need to:
- Build a simple website
- Promote it
- Properly introduce yourself
- Include some teaching videos
- Offer online classes of your expertise
Organize wellness and fitness training
People tend to allocate a lot of time for their wellness and healthcare. And, especially since the COVID-19 outbreak and worldwide lockdowns, people staying home needed some guidance to stay healthy and fit. So, you can shoot a series of videos that will show what exercises and how many approaches to include in their daily fitness training, or what food to eat before and after exercising.
Building office fitness challenge apps or offering training packages to other businesses to include in their employee benefits is another option for running a business and making money while you are great at fitness coaching.
Tips on how to get started
Below is a step-by-step guide on how you can start and grow your online business in wellness and fitness training.
- Choose a relevant platform (YouTube, TikTok, Instagram/ or build an app)
- Properly set up on these platforms
- Shoot videos of exercises, tips, and diet specifics
- Share on other social media platforms
- Place advertisements and promote your work
- Offer subscriptions for more videos
- Organize group training for paid purposes
Offer digital services online
Since businesses moved online or now are back to a hybrid work schedule, many of the businesses will need the assistance of digital marketers to run their business online successfully. So, if you are a professional marketer, you can do great by offering the B2B sector your digital marketing services.
You can offer to run their social media pages, help them with search engine optimization, link building, writing selling texts and ad copies, and so on and forth. If you will need some assistance in running your business smoothly and avoiding inefficiencies, you can learn how to use Zapier for your business.
Tips on how to get started
- Build your personal brand
- Showcase your past experiences
- Explicitly state what you can offer
- Be transparent in your service charges
- Place narrow-targeted advertisements
- Be trustworthy and reliable
Become a social media influencer
Influencer marketing is rapidly growing and many businesses use the help of influencers in selling their products alternatively. So, if you are an active social media user, you can put in some more effort and become an influencer.
All you need to do is to be yourself and provide interesting and catchy content. The number of your page followers would significantly increase, thus grabbing the attention of a vast variety of businesses offering you to promote their products.
Tips on how to get started
- Choose a social media platform (Instagram, TikTok, YouTube)
- Choose a topic for your online presence (cooking, fashion, traveling)
- Create a content plan
- Write scripts of your videos
- Prepare short Stories (for Instagram)
- Include explanatory and informative videos
- Give directions on how to contact you for cooperation
- Be accessible, responsive, and active
Wrapping up
Running an online business is another source of income. While there are dozens of other ways to make money online, you can start your online business in e-commerce, teaching and tutoring, wellness and fitness training, or you can offer digital marketing services online and become a social media influencer.
While the stated online business types may be different from each other, to succeed and grow you need pretty simple points. Be active, responsible, transparent, reliable, and trustworthy, as in online business all you need to make sure that your followers, customers, and subscribers are comfortable around you and are valued.
