50 Online Moneymakers You Can Launch Now. Make money online!
Don’t have an elaborate space for your office? No problem! Can’t afford to rent a facility? Don’t worry! You can make money online! You’ll save a fortune starting your online business at home. There are hundreds of thousands of entrepreneurs all over the world running businesses from their kitchen tables, their spare rooms, their cars/vans and sheds working part-time or full-time thanks to the Internet. The wonderful web has created millions of moneymaking websites and opportunities. Shouldn’t you get in on this gold mine?
It’s possible through selling on your website and to developing apps, to marketing your computer skills to others, and launching a service business online, that you can make money online as much as $1000 a day with your computer—and possibly more.
This feature will help you learn how to set up and run your own online gold mine. Make money online with a product or service business. You can also start a great service business from home. This feature will show you how to do both! Let’s start with online opportunities. You can create a plan to make hundreds, even thousands a day using a variety of techniques and tools on your computer. You can:
• Start a website and sell anything from wholesale merchandise to a product you have developed yourself.
• Create a fun blog on a topic you are passionate about. Your energy and knowledge will make people want to visit daily and that can turn into lucrative banner ads on your site.
• Host auctions on eBay. Carve out a niche for yourself and start selling. eBay can help you create your own store and help with a variety of e-commerce checkout options.
• Start a shop on Etsy and turn your crafts into moneymaking opportunities. It doesn’t cost anything to open your own store on Etsy.com. Check it out. It’s a lot easier than you think.
Make Money Online
The following tips provide information on how to start and manage an online business. Find something you love to do. You can make money online.
1. Starting out: Regardless of where you choose to operate your business, certain general requirements always apply. Before you can begin completing specific online business steps you must follow the basic rules for starting a business. This means do your homework. Research the business and the name. Get a tax ID number if you need one.
2. Register a Domain Name: A domain name is the web address of your online business. Choosing and registering a domain name is the first step to starting an online business.
Although registering a domain name is a relatively simple process, do not underestimate the importance of selecting an appropriate name. Your domain name represents the identity of your online business and should take into account several factors. Review the following tips to help you choose the best name for your business:
Keep it Relatively Short. Short domain names are easier to remember or type into a browser, fit into logos, and generally recognizable.
Make it Unique. Unique names are easy to remember. Names that are too similar to already registered names could end up sending viewers to the wrong domain.
Include Keywords. Including keywords will help produce the most hits for your business in search engines and make your business’ purpose clear. Conduct your own research.
Dot Com. Although there are many different domain extensions the majority of Internet users either don’t know that or instinctively type .com. Other extensions such as .org, .net, and .info may cause your site to lose potential traffic. Investigate all of the options.
After you’ve chosen the name you’d like to register, the process is simple and cost-friendly. Where to register your name is up to the discretion of individual businesses.
Visit http://www.internic.net/regist.html to get a list of places to register your name.
Be careful to avoid possible security risks by becoming aware of potential scams. The Federal Trade Commission issued a consumer alert about Domain Name Registration Scams. A new scam is targeting would-be website owners by offering the opportunity to pre-register new top level domain names. Domain names, such as “ftc.gov,” are the unique terms that enable Internet users to locate a specific website. The top level domain is the final extension, such as “.com” or “.org.”
According to the Federal Trade Commission (FTC), the nation’s consumer protection agency, scam artists are taking advantage of the news that the Internet Corporation for Assigned Names and Numbers (ICANN) has made new top-level domains available to the public. The new top level domains are .aero, .biz, .coop, .info, .museum, .name, and .pro.
The FTC says consumers are getting fax and email solicitations that offer a chance at a new top-level domain name, for a fee, as soon as it becomes available. Some registration services are guaranteeing new top-level domain names or promising preferential treatment in the registration process. But, the agency cautions, these offers may be misleading.
The FTC advises consumers to protect themselves by:
• Avoiding any domain name preregistration service that guarantees particular top-level domain names or preferential treatment in the assignment of new top-level domain names.
• Avoiding doing business with people who send unsolicited faxes – regardless of the offer. Unsolicited faxes are illegal.
• Staying on top of the news about top-level domain names at the ICANN website, www.icann.org.
The FTC works to prevent fraudulent, deceptive and unfair business practices in the marketplace and to provide information to help consumers spot, stop and avoid them. To file a complaint or get free info, visit ftc.gov or call toll-free, 1-877-FTC-HELP (1-877-382-4357); TTY: 1-866-653-4261.
3. Select a Web Host: A web host provides you with the space and support to create your website. Choosing the host that best suits a business is up to the discretion of that business. Costs and abilities, such as site maintenance, search registration, and site development, vary from host to host but it is important for it to be both reliable and secure.
4. Design Your Website: The website of your online business is extremely important to its success. Because you don’t have a physical location, this is considered your “store front”. Websites can be designed personally, by hiring someone to work as your site designer, or by using an independent design firm.
Be sure to comply with U.S. trademark and intellectual property laws. The same laws and regulations apply to online businesses as regular businesses. Search for trademarks currently in use to avoid infringing on another company’s rights on your website.
5. Begin Advertising and Marketing: Similar to the traditional market place, online businesses cannot be successful without customers. For online businesses, these customers come in the form of site visitors or viewers. Generating the highest amount of traffic possible on your website will create the highest chance that those visitors will become customers. Register with search engines and use keywords that will drive the most traffic to your site.
Advertising and marketing on the Internet is regulated very similarly to the real world, and many of the same rules apply. The Federal Trade Commission has created several guides to help online businesses comply with these regulations. Visit their website to learn more about online advertising.
6. Comply with Online Business Regula-tions: Online businesses must comply with special laws and regulations that apply only
to them. A lawyer that specializes in internet law can assist businesses with all aspects of starting and operating an online business. Contact an expert at the Federal Trade Commission for more information. The following rules and acts are discussed at the FTC website (www.ftc.gov/):
7. Find State and Local Compliance Information: In addition to Federal requirements, businesses must know and comply with state and local laws and regulations. Select your state, county, and city to determine what’s required of your online business.
8. Learn Federal, State, and Local Tax Requirements: Online business are required to follow the same federal, state, and local tax laws as regular businesses. If you are operating your online business in a state that charges a sales tax; or levies a gross receipts or excise tax on businesses you may have to apply for a tax permit or otherwise register with your state revenue agency. Online businesses are responsible for collecting state and local sales taxes from their customers when applicable, and paying these taxes to state and local revenue agencies.
9. Understand International Trade Laws: Operating internationally requires many additional considerations from finding overseas markets and suppliers to shipping and tax regulations. Follow international trade laws for online business to be sure you are in compliance with all regulations.
10. Additional Startup Resources: Visit business.gov and the website of the U.S. Small Business Administration for basic startup information on launching your first small business (www.sba.gov/).
How You Can Make Money Online
We’ve rounded up 50 service business suggestions for your online gold mine. Find something you love to do and start to make money online.
1. DIGITIZE VIDEO TAPES, CASSETTES & LPs: There are plenty of tools to help computer owners digitize their old tapes and records. You can start a business doing this right from home. Offer to pick up and return items to customers in your area, for a fee, of course. For those clients who are out of your region, have them mail or FedEx the package and you’ll return all items with the DVD and/or CD within a week.
2. REUNION CONSULTANT: Love to plan parties and other get-togethers? Start a reunion planning service online. You create a website that brings the customers to you. Families, Schools, Clubs and more will be your potential clients. Develop a list of resources in the communities you will service: caterers, limousines, bands and DJs, florists, hotels and chartered yacht services to offer to your clients
3. BIRTHDAY IN A BOX: Busy parents always need to host parties for their kids and increasingly don’t have the time. Many party stores have closed during the recession because the rents skyrocketed. But, the need is still there. Start this service with no overhead from rental of an expensive outside facility. Run it from your home with a website that lists all your services and themes. You provide everything the harried parent needs and it comes in one convenient box. Buy your products online at a discount and have the company ship them directly to your clients—for a nice profit, of course.
4. LOGO DESIGN: If you are great at various software programs used to create logos, consider launching such a design service. Check out cooltext.com if you are a novice. You can turn this business into a virtual printing firm, too. You can expand to take your logo to letterhead, business cards, and more.
5. VIRTUAL CEMETARY & MEMORIAL SITE FOR PETS: You set up a website where pet owners post photos and write-ups to honor their deceased pets. You charge a fee per year for the virtual tomb. You can also make money by writing the pet obituary for the client. Clients email you the material and you post it. You can sell ads on the site, too, that relate to people and pets.
6. CONTENT PROVIDER: There are plenty of websites and blogs out there that need constant updating to satisfy readers and advertisers who rely on the sites. You can start a business providing daily or weekly updates to a wide variety of websites. You can also choose to specialize in those sites that interest you to keep your level of commitment up.
7. SPORTING GOODS BUSINESS: There are companies that will provide you with everything you need to launch your own online sporting goods store. They will even ship the goods directly to your customers so that you don’t have to take up a room in your home or apartment stocking inventory. You can even offer personalized jackets,
hats and more to sports teams. See the Resource Sidebar for more information and visit our website at: www.sbomag.com for more information in the Business Opportunity section.
8. ELECTRONIC PHOTO ALBUMS OF YOUR PETS: People love their pets and will pay you to create a fun, digital photo album. They send you the photos and you compile a DVD. Combine great graphics and titles and you will likely get more business via word-of-mouth. Post some of your samples on your website to generate business.
9. WEBSITE DESIGN: A lot of great, talented web designers are out of work right now, let go from their firms during the economic downturn. You can start business creating websites for small business owners who don’t have the expertise to do it on their own. You can also create websites for organizations such as local theater groups and clubs in your region.
10. E-COMMERCE SPECIALIST: You assist small business owners in maintaining their online presence. You help build and grow their online business venture. Your client could be a local hardware store, spa or hair salon that is now looking to branch out to buyers by having an online presence listing their service and product options, hours, etc. A local doctor’s office might want to feature their specialties. You can help businesses add on shopping carts, blogs, mailing lists, increase search engine rankings, develop effective ad and pay-per-click programs and more to reach more potential buyers.
11. LAUNCH A MONEYMAKING BLOG: Blogging is here to stay. You can start one for $0 at blogger.com and even sell ads. Sign up with an email address and a password. That’s all you need to get started. You can then develop an advertising program by starting with Google’s AdSense program. The blog templates are easy to navigate and you can change them at any time.
12. SMALL BIZ ASSISTANT: There are many entrepreneurs in your area that can never take a vacation or get away for a day because there is no one to man the phones, watch the email, take orders, and run the business in their absence. You can start a small business “filling in” for your clients when they need to attend a funeral, visit a family member or attend a function. Develop a website, print up a business card and a mini-brochure that lists your expertise and experience. Post it, tweet it, facebook it!
13. EMBROIDERY EMPIRE: If you love to personalize products, why not start an embroidery business? You develop a website that reels in the buyers and then you create their custom items at home on your embroidery machine. You can find sources for these units online or at embroidery trade shows. We know of one company in San Diego that started a business catering to sailboat and powerboat owners. They make embroidered napkins, canvas bags, towels and more for the upscale harbor community. It’s a wonderful niche. What would work in your community?
14. VIDEO STUDIO: If you enjoy making videos, consider starting a video studio right at home. There are companies that will assist you in establishing this business and give you pointers and leads on how to generate clients. Some of your potential customers include: Brides, Party Planners, Caterers, Bands, Realtors and local clubs and organizations.
15. HOST YOUR OWN TALK SHOW: Thanks to tools like blogcast.com you can develop your own radio show online and sell ads to generate revenue—or, get a sponsor to host your show. You can also try video, but get your feet wet with a blog cast program first and see if you enjoy hosting discussions, creating lively banter and even taking phone calls from your listeners. Visit blogcast.com to learn how to get started.
16. BECOME A SUPER AFFILIATE: There are sites ranging from amazon.com and MusiciansFriend.com to BikeBandit.com that will pay you to place their ads/information on your website. Every time one of your visitors clicks on their site, you make some money. And, if they buy a book, say, at amazon.com, you can even make a percentage of the sale. Do a Google search on companies that offer affiliate programs and put them on your website. Sit back and make thousands of dollars a day while you sleep!
17. ENERGY MANAGEMENT CONSULTANT: Businesses of all sizes are looking to cut costs and waste. They are spending a fortune to heat, light, air-condition and power their homes and businesses. You come in and conduct audits and help your clients reduce their energy use. Research all of their options. You could save them lots of money by simply switching their business to other providers that they don’t have time to discover on their own.
18. WRITE & SELL YOUR BOOK: The Internet has created a wonderful opportunity for writers to sell their books without having an agent or a publishing company. You can write away and then sell them as an eBook or have them printed one at a time on demand, every time you take an order. Visit amazon.com and cafepress.com to learn more about their programs.
19. VACATION PROPERTY RENTAL: Live in a busy tourist area? That’s prime for you to contact homeowners and launch a vacation property rental service. Rental work is time consuming and many condo owners, apartment owners and homeowners don’t want to face the hassle of renting out their homes while they are away even though they would love to have the extra cash. Some of these condo owners are thousands of miles away from their properties. You rent the properties to individuals and you take a cut of the rental income. You will have to engage a person to clean and maintain the properties in between renters if you don’t want to do it yourself. Develop a sales letter and send it to potential renters offering your services.
20. BOOKKEEPER: You become the freelance bookkeeper for businesses, clubs and organizations in your region. You work from home performing such tasks as paying bills, filing and remitting tax forms, balancing books,. You should be a master at QuickBooks, a trade tool of every accountant.
21. SOCIAL MEDIA SPECIALIST: A lot of small business owners want to master social media but have no idea how to get started and keep the tweets going. You approach businesses with a menu of options and help them get going on Twitter, Facebook, LinkedIn and any other forums that are appropriate to their particular business. You can develop this into a regular assignment once they are launched—they need someone to provide them with fodder for Facebook posts and Twitter updates.
Come up with a monthly retainer that works for you and your clients and start helping them build their business through Google, Ping and more!
22. START A B2B BUSINESS: Launch a website selling services and products to other small businesses. Sound simple? It is. Come up with a name, go to a domain registering site, such as godaddy.com, lock in the name, build a website, get it hosted and you are good to go!
23. PROMOTIONAL PRODUCTS BIZ: Every small business, doctor, tradesman, etc. likes to provide some type of personalized product to their customers: a pen, a calendar, a mug. You can be the middleman who takes the orders and supplies these clients with the goods. Visit our website at sbomag.com and check out the Business Opportunity chart under Personalized Products. We also list a few in the resource sidebar within this feature.
24. PERSONAL ASSISTANT: Everyone is busy today and many harried workers and parents could benefit from the help of a personal assistant, but no one wants or needs to hire someone on a full-time basis. You come in and work as a part-time personal assistant handling everything from grocery shopping, paying bills, mailing packages and booking restaurant reservations and party planning. And, you can do it all online from home.
25. HOME INVENTORY SERVICE: Every-one needs to compile a list of items in their home, apartment, vacation home or business for insurance purposes. You can do this with your laptop and a Flip Video Camera. Make hundreds of dollars a day helping clients protect their assets.
26. LOCAL SPORTS SITES: If sports are big in your region, consider launching a website that focuses on local sports teams—high school and college. You can sell ads on the sites, and even post personal messages from fans for a modest fee. You don’t have to be a web wizard to build a website, either. Visit Yahoo.com and check out their Web Program. They provide templates that can have your site up and running an hour.
Make sure you can sell advertisements on the system you choose.
27. PERSONALIZED BOOKS FOR KIDS: Every kid—and grandparent—loves personalized books for kids. You can make them right at home and sell them online with your computer. You can do it all from your kitchen table. The Resource Sidebar lists several companies that can provide you with the necessary software so you can pop in the appropriate kid name into the storybook and print them out. You can also get a kiosk at a mall, or a booth at a flea market and sell, sell, sell.
28. BUILD AN ONLINE STORE: Have a passion? Love pets? Love to make hats and scarves? Whatever your passion is, consider building a website that will sell your items directly to your customers. If you build it, they will come!
29. EBAY SELLER: Powersellers on eBay —and they are growing in numbers every day—sell more than $150,000 on the site each month. You can do this for yourself with your own goods, or you can find a product to specialize in, develop an online eBay store, or sell goods for other people. There are a lot of people who have an attic to empty or a garage to clean out and don’t know where to begin. You can sell their goods online and take a commission for your efforts.
30. KEEPSAKE ALBUMS & SCRAP-BOOKS: You can gather treasured items from your clients, scan them and create wonderful digital scrapbooks. Who needs to keep a ton of photos, matchbook covers and metro tickets collecting dust and more. Digitzing memories is a lucrative business and easy to run from home. You can also gather the goods and put together books the old fashioned way if you clients want to hang on to their memorabilia.
31. NANNY FINDER: You develop a list of quality kiddie caregivers in your area and take a portion of their fee every time you book them for a babysitting or day-care type situation. You will need to check references as your reputation will be on the line. Finding qualified help for children is a very big concern among parents today. You come to the rescue with your referral service. You can also charge the kiddie caregivers a fee just to be listed each month with your service.
32. CAR BUYER: Buying a selling cars online is a hobby for many—why not turn it into a lucrative business? Get a Blue Book and start visiting sites and dealers and scanning local papers for your clients who need to buy a used or new car. You earn your fee by providing your clients with three perfect cars to buy and earn more if you negotiate the deal and deliver the car.
33. CRUISE SHIP TRAVEL AGENT: Cruises are booming! You can work from home planning and booking cruises for your clients. Travel experience is recommended. You can also train with the National Association of Commissioned Travel Agents to learn more about launching this type of online service business. There are various franchises you can find to help you get started, too. Marketing is likely to take you right to the top. Consider specializing in a niche—teens, seniors, adventure travelers, singles-only, etc.
34. DIRECT SELLING: If you are involved in multi-marketing or direct selling business such as Herbal Life or Avon, you should start a website to develop more business.
35. ONLINE MUSEUM: Are you passionate about baseball, vintage cars, or a particular period in history? Start an online museum. Have fun while you teach visitors about your passion. Promote the site and sell ads.
36. MAINTAIN SITES FOR OTHERS: You become the web guru for local small businesses, clubs, community groups, etc. and maintain/update their sites with press releases, photos, news, etc
37. BUSINESS SUPPORT SERVICE: You handle all of the chores, errands, mailings, and phone calls, that your clients don’t have time or staff to take care of. You are a super assistant but you can work in the privacy of your own home in your PJs and flip-flops. Start by contacting local businesses and send them a reference or two.
If they need help but can’t afford to hire a full time employee and provide them with benefits, they might jump at the chance to have you work for them on a part-time basis. Consider a monthly minimum so you can budget your own revenue.
38. AGENT FOR LOCAL TRADESMEN: It is frustrating for homeowners to find good landscapers, handymen, carpenters, electricians and plumbers. You start a service that pre-screens the workers and posts them on your website. The workers pay you a fee to get listed after they provide you with great references that you check out. You also establish that they are licensed and have insurance if your community demands that. You can also sell other ads on your website.
39. CYBER SCHOOL FOR SENIORS: You can start a class for senior citizens who want to learn how to get online, set up an email or Skype account and start connecting with their distantly-located family members and friends. Contact the directors of assisted living communities in your region and call the presidents of local senior clubs and organizations to talk about your classes. If you charge per person and have ten people show up for a $25 class, you’ve made $250 for your one-hour talk.
40. COMMUNITY NEWSLETTER: Write on topics of interest to your community—local sports, theatre productions, civic events, parades, etc.—and sell ads to local businesses. The weekly paper can be dropped off to restaurants, pubs, diners, coffee shops, fitness centers, and more. .
41. GIFT BASKET BIZ: Start and run a gift basket service from home. First develop your attractive website with options. Purchase materials from wholesalers. Create your baskets and ship them out. You can have fun building basket themes for sports lovers around the Superbowl. Gifts for Mom on Mother’s Day, Graduation Baskets, Vacation Send-Off baskets, Back To College, and many more. The sky is the limit.
42. MUSIC SONG CDs FOR KIDS: The CDs for kids are personalized and family and friends love to give them as gifts. See the Resource Sidebar for information on companies that offer a business opportunity package to start this business. You don’t need any musical talent to run this business.
43. GREETING CARD SERVICE: Cust-omer service mavens know that regular contact is a key to keeping buyers coming back for more. You can start and run this type of service right from home. Clients give you their customer lists and you follow up on every detailed holiday: birthday, biz anniversary, holidays, etc. with a greeting card from the business owner. Your clients will be car dealerships, lawyers, doctors, dentists, restaurants, bars, and more.
44. BOTTLE YOUR RECIPE: Start a food business from home bottling and selling your favorite recipe: salsa, pasta sauce, and pickles. Make sure you call your local county clerk’s office to find out if you need to get a food handler’s license. The requirements vary state by state so check it out. You will also have to investigate getting a food label for your business. If friends and family members have told you have a great recipe waiting to be discovered, consider launching this business.
45. MEDICAL CLAIMS BILLING: Just about everyone agrees that the healthcare system is confusing and demanding to many. Even doctors and dentists have a hard time keeping all of the records and procedures straight and up to date in their practices.
You can start a Medical Billing Service processing the claims. You will need to get diagnostic and procedure codes to indicate the type of service being billed. See if you can launch this business at home to make money online.
46. RESEARCHER: Have a knack for finding information? You could start a business doing research for organizations, non-profits, legal firms, private investigation services, small business owners and foundations. Get paid for the time you spend online. Collect data and facts and package it in a DVD, a CD Rom or a written report. Charge by the hour, about $25-$90 depending on what your market will bear.
47. MEDICAL TRANSCRIPTIONIST: This service transforms a physician’s notes or tape recordings into hard copy or onto a CD. You’ll need to become familiar with medical technology and terms. There are companies that will help you start this business. Do a Google search and remember to check them out before you invest. Visit our website at www.sbomag.com and read the feature on “How To Investigate A Business Opportunity.”
48. SELL YOUR CRAFTS: Thanks to websites like Etsy.com, anyone can have a professional looking store for their crafts. It doesn’t cost any money to set up a presence at Etsy and your work will be viewed by hundreds of thousands of shoppers a day. Consider taking out ads on Facebook to promote your new Etsy page. If you love to make something from home, consider turning it into an online moneymaking opportunity. Use your computer to make money online.
49. TRANSLATOR: If you have a gift for another language, you can start a business working at home as a translator. As you build your business, you can add on other individuals on a freelance basis who speak and write other languages that are needed. You can eventually act as the agent who books the work, but does no actual translation assignments.
50. FROM BRICK AND MORTAR TO WEB WONDER: If you currently have a business that could generate more revenue by adding computers, consider putting in a few terminals and then rent them to your customers. Ideal locations are car fix-it shops, coffee bars, dentist offices and bookstores. Make money online doing something you enjoy.