Online Businesses – 10 Most Profitable Online Businesses

Online businesses are ways to undertake and earn money in the digital market. From virtual stores to content production, there are innumerable possibilities to gain space in this market which, although very competitive, is quite promising.

There are many challenges that you have to face; however, if you know precisely what you want to do and what field you need to work in, it is easier to achieve your goals. Also, remember that, as in traditional commerce, betting on an online business implies a series of responsibilities.

1. Create an online store

Buying online is an increasingly common practice for Argentines, whether to buy clothing, accessories, electronics or personal care products. Therefore, if you are thinking of selling online, having your e-commerce is an excellent option.

The relevance of electronic commerce in the region is irrefutable: according to the prestigious North American research company eMarketer, 38.4% of the population over 14 years of age in Latin America are regular online shoppers and Argentina, in particular, was the e-commerce market. Fastest growing e-retailer worldwide during 2020, at 79%.

2. Start a blog

Creating a blog is one of this list’s most profitable online business ideas. Many six-figure earning entrepreneurs, like Pat Flynn, started 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 your audience, the more likely you 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 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 affiliate marketing, Google ads, and sponsored content.

3. Launch an online store

Forming an online store is one of the most profitable online business ideas you can try. You could be the next person to launch a multi-million dollar brand with the right strategy.

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

Or, try tapping into a micro-niche. It may have little traffic initially, but it also means low competition and considerable growth potential.

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

4. Sell handicrafts

The Internet makes it easy for artists to turn their work into a profitable business.

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

If you need examples of successful artists selling their work online, check out Bridget Bodenham ‘s e-commerce store.

5. Start a fashion and clothing company

New businesses often start with something a person is passionate about, a cause, a unique product idea, or a problem that requires a solution. What is your motivation? For some entrepreneurs, the answer is a passion for fashion.

A recent report found that the global fashion retail market will be valued at $300 million in 2020. It could reach $360 billion by 2025. Fashion brand ShadesDaddy found success selling online.

6. Affiliate marketing

Affiliate marketing consists of mentioning a product or service from a third party and receiving a commission for each sale you generate. To do this, you have a unique link that identifies you as a prescriber.

Therefore its great advantage is that it does not require creating a product. In addition, you do not need to have a large volume of traffic to generate income.

In some services, the payment as an affiliate is recurring, so you charge each time the client renews. It is the case with leading hosting companies. Affiliate marketing is an excellent complement to your income and an alternative source to consider.

7. eCommerce / Dropshipping

Ecommerce has not stopped growing in the last decade. It is an online sales business of physical products, products that you have to deliver to a final customer.

E-commerce businesses are, first and foremost, logistics businesses where your ability to manage, store and deliver the products your customers buy from you is vital.

In the past, it was a type of business that required a solid initial investment, both from the need to operate (buy products, store and deliver them) and to create and position your online store to start selling.

8. Online advertising

Online advertising is one of the most used ways to earn money and also one of the least used. And it is that it requires a large amount of traffic to be profitable, especially pay-per-impression advertising.

If you get paid 1 cent each time an ad shows, you will need many people to see it to earn a few dollars. The business is to generate a multitude of pages and place more or less intrusive advertising blocks (  is a business that works best in segmented products in the great editorial niches of a lifetime. If you have a blog, advertising is not your business model.

9. Influencer

Being an influencer is in fashion. It is a figure that has always existed. So look at the actors, singers or athletes who appeared in television commercials.

They hire them because they have legions of followers who trust them and will be willing to buy what they recommend. The only difference is that nowadays, anyone can become an influencer.

Youtubers, Instagrammers and tiktokers who upload photos and videos from home are capable of influencing thousands and even millions of people.

Audiovisual content rules; therefore, video marketing has become the discipline to dominate in the communications age.

10. Create a podcast

Podcasts have become a popular method of content consumption, especially among the younger generation. Therefore, many people take this opportunity to start a podcasting business.

So consider targeting a micro-niche to make your podcast position out of the mass. An example is The Pen Addict, which focuses on topics related to pens. Although its scope seems limited, this program has attracted a loyal group of enthusiasts.

Conclusion

As you have seen, there are opportunities to do business online with very little investment for very different professional profiles: writers, photographers, programmers, sellers, and experts in a specific subject.