Chances are if you’re reading this, you’re looking to get an online business started. While it may seem as simple as setting up a website, a small office and a good VPN Service, so that your employees can telecommute and start selling things easily. You need to do plenty of other tasks to make sure what you’re doing isn’t illegal.
Other than that, it all comes down to how good your idea is. If your idea for your online business isn’t that great, you’re shooting yourself in the foot before you even start. And if you’re like most people looking to start doing this full time, you probably don’t have many feasible ideas to begin with!
Ready to get started? Here are three ideas that you should totally look into:
Online Sports Equipment Retailer
Sounds tough, doesn’t it? Well, it is. But don’t let that scare you away, because it isn’t impossible to get started.
What’s great about selling sports equipment online via online store is that you’ll also make lots of money from advertisements (if you’re optimized for it), because the keywords for that niche yield high profits.
The keywords you choose in this field are often in the two dollars per click range or more!
But in addition to nice ad revenue, keeping sports equipment in stock is easier than perishable items like food, and it never usually gets old or out of style. If you do it right, you’ll quickly find that even though your sold item amount may be lower than other stores, your products are often much more expensive, so you’ll meet or exceed your quota without having to work as hard.
Electronics Wholesaler Website
I’m sure you know that selling electronics can yield large profits, and like sports equipment, you don’t need to keep around perishable items or items that will quickly get outdated. And since your items are expensive, selling just one computer could net you enough profits to exceed what low-cost sellers sell in a given day!
Even if you don’t want to wholesale products, you could still set up an online electronics business, buy from wholesale companies (or directly, if you can do that), and sell things that way.
Smartphone Repair and Parts Website
It’s no secret that smartphones are huge right now. And it’s also no secret that these fragile pieces of equipment often break. That’s where you come in.
Repairing a smartphone can be done by looking at Youtube videos, so you don’t need to be an expert. You just need to learn!
And since you’re charging for a service, you don’t need to invest in a large stock to sell. Sure, you need parts to fix phones, but you don’t need to sell those parts if you don’t want to.
There you have it: three business models that are sure to work in this economy. I’d definitely research these ideas before venturing into the world of online selling.