You don’t need a brick-and-mortar location to start a successful business. In fact, some of the most successful businesses can be run entirely online. Keeping your business digital can save you thousands of dollars in rent and expenses, and it can help you reach a wider base of clients because you’re not limited to one local area.
Ready to start a business this year? Here are 15 online business ideas to inspire you.
1. SEO consultant – Do you know the ins and outs of search engines and have skills in platforms like Google Analytics? A lot of smaller companies don’t realize how much of an impact search engine optimization (SEO) can have on their business. You can start an online business to help other companies make their websites more SEO friendly by teaching business owners how to read and use their analytics data the right way, and how to properly use keywords and structure content to get more traffic
2. Business coaching –If you have a lot of business knowledge and experience, why not start a business that helps other aspiring entrepreneurs find success? You can use your skills to help new business owners get off to a good start and help experienced entrepreneurs keep up with demand. You can also write articles about business on platforms like LinkedIn, to show off your knowledge and skills and bring in clients.
3. Specialized retailer – An online store lets you reach customers all over that world and that means you can afford to specialize. Whether it’s dollhouse furniture or organic dog food, there’s an audience for everything. Using a web hosting service with an integrated shopping cart or e-commerce sofware, your business will be operational in no time. Many vendors will even ship products to customers on your behalf, which means you don’t need to own a lot of inventory.
4. Social media consultant – Larger firms can hire an agency or full-time staff member to run their Facebook and Twitter accounts, but small businesses often have to handle their own social media marketing. With so many other responsibilities, business owners are often too busy or overwhelmed to spend time developing and implementing a great social media strategy. As a consultant, you can help them determine the best tactics, posting schedules and content for their target audience. As their follower count grows, so will your business.