Online Business Idea
eCommerce : E-commerce (electronic commerce) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer or consumer-to-business.
You can sale third party products and get a high commission or start a eCommerce site to sale your own products online.
Forex Trading: Forex Trading is a home business can help a person gain financial and lifestyle independence. While trading does offer lifestyle flexibility and perhaps unmatched financial returns, it also comes with substantial financial risk. If you are considering trading for your livelihood, you need to properly establish yourself with the resources and mindset. Like any business, preparation and planning are essential for success. Defining yourself as a day trader on your tax returns allows you to take advantage of higher losses in your business.
Hosting: This business is good for someone who enjoys administrative duties as well dealing with customers. They should have a love for technology, and an inherent understanding of how websites are named and who is in the market for them.
Digital Marketing: Digital marketing as a business is profitable to the extent that you can systematize highly spontaneous, asynchronous, and “custom”
processes like SEO, social media marketing, email marketing etc.
To start a Digital marketing business follow these steps:
-Make a marketing brand with website.
-Create Social Media Profiles with with brand
– Apply for the Google Certification and Become Google Partner.
-Learn About Digital Marketing.
-Set a Price for your services.
-Create a Business Plan.
-Build a Team.
Web Design : To start a web design business, you should have the knowledge and experience in web design. Once you have that, you’ll need:
-A home office that is quiet and free from distractions
-Hardware, including a computer, quality monitor, scanner, printer, and digital camera
-Software for graphics, photos, and video, which may be free or cost hundreds of dollars
-A high-speed Internet connection and perhaps server space for site hosting and testing
-A menu of the services you’ll provide and what you’ll charge for them.
-A contract that outlines all the policies on how you work.
-A business plan, outlining your services, target market, and financial goals.
-A marketing plan that includes your target market and how you plan to reach it.
Digital Currency Exchange : You can start your digital currency exchange business with a long term vision, be particular about the features you want to add, the type
of exchange you want to develop, what are the specifications you want to give to your customers, how your exchange differ from others.
To start this business you have to follow this steps:
-Obtain proper legal counsel to ensure licensing requirements are met.
-Attain funding for venture.
-Find a currency exchange software solution provider.
-Connect your exchange with others for added liquidity.
-Partner with a payment processor.
-Implement best security practices.
-Go live via beta testing.
-Start marketing & PR campaign.
-Offer customer support.
-Maintain a legal team for ongoing compliance.