Top 10 online business ideas

Top 10 business ideas to generate a $5000 monthly on average

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1. AdSense.

Though there are many secret strategies to earn money from goggle Adsense, this strategy is my favorite. I have not invested my time in making this kind of blog, but still might try it in future with my team’s help. This simple trick works with few basic rules of creativity, blogging and networking.

Did you ever click on Facebook memes and troll images which will redirect to a personal website? Possibly yes! and if you are an active member in Facebook, then you might have surely checked hundreds of Facebook pages with millions of likes and comments. So how do they get some many likes and comments on each of their published blog post? And what this has to do with AdSense earnings? That’s what we are here to discuss.

Advertisers advertise using Google adwords. Say,you need to advertise your new Face cream with Google adwords. You need to pick the keywords related to your product, for instance, Fairness Cream,Beauty Products etc. Your ad will be displayed in different websites related to the keywords mentioned. Google Robots crawl a website and if it does have the keywords mentioned(Beauty Products,Fairness Cream etc) the specific ads will be displayed. Google adsense pays you for visitors and their clicks . More clicks on the ad mean more money you earn.

Let us have a look at some terms associated with Google Adsense.

CPC – The Cost Per Click (CPC) is the amount you earn each time a user clicks on your ad. CPC is very much advertiser-dependent. The advertiser can set the amount for a click.

CTR -The Page Click Through Rate (CTR) is the number of ad clicks divided by the number of page impressions or page views you receive.

RPM – Page Revenue Per Thousand Impressions (RPM) is calculated by dividing your estimated earnings by the number of page views you received, then multiplying by 1000.

2. Affiliate Marketing.

The concept of affiliate marketing is very much similar to a real life salesperson who gets the commission for selling products. One of most profitable affiliate marketing is in the hosting business. BlueHost is the best example, bluehost gives 65$ to the affiliate for each referral signup. Patt Flynn makes more than 35000 $ per month through bluehost affiliates. Most of his revenue comes from his youtube video tutorial in creating a bluehost account and through his blog SmartPassiveIncome.

So what’s the connection with your blog and affiliate marketing? A single word answer would be “TRAFFIC”. Bring some targeted traffic to your blog and sell some products(digital or real). Another great example of making revenue being an affiliate(selling digital products) is Themeforest. Themeforest is loaded with lots of themes and they will give you the commission for selling a theme via your referral link.

First of all, you need to sign up to and affiliate support program like amazon affiliates

Some of the most popular affiliate programs.

Popular Affiliate #1: Amazon Associates

Popular Affiliate #2: ClickBank

Popular Affiliate #3:Commission Junction

3. Start your own Blog and Make Money.

So what are the major 3 steps in starting your own blog?

  1. Registering a domain (http://yourblog.com)
  2. Signing up for a hosting
  3. Installing WordPress

Interested in starting a new blog? Believe me, you need ZERO technical skills. Most of these million dollar bloggers I’ve mentioned does have zero or very less technical background. I am recommending you to use bluehost(the most affordable hosting in 2016), click the below banner link to get a discount for your signup.

Through this bluehost signup you’ll be getting,

  1. A free domain(.com)
  2. Unlimited hosting space
  3. 1 Click WordPress install(Yes, you can setup your first WordPress blog in 5 minutes with bluehost)

Setting up a blog in Bluehost is so easy ,you can even do it by yourself in 5 minutes using the one click blog install.

4. Selling your own product.

Sell some products through your blog. For instance, if you have makeup/beauty tips blog, you can always sell beauty products online. Once you have the trust of your readers, they’ll be willing to buy your products.This is my personal favorite way to monetise a blog as the profit percentage you get will be much high compared to the previously mentioned ways.

Let us check some of the digital products that are in great demand all over the internet.

  • Web Applications/Software
  • Website Themes
  • Graphics/Design/Fonts
  • Online Games
  • Photography
  • Tutorials

5. Amazon Kindle Publishing.

Can you possibly make money off your writing skill even while sleeping? You definitely can, thanks to Amazon Kindle Publishing.

It works like this: You write a book and upload it to Amazon Kindle Publishing. Amazon’s review team will review the book.

Once approved, it will be published on Amazon, and readers can purchase your book. Each time your book gets sold, Amazon will take a certain percentage and leave the rest to you.

If done correctly, Amazon KDP can be a source of passive income. Plus, it is scalable.

6. Property Management.

If you’ve worked in the real estate industry before, or you are just good at management, you might find success as a property manager.

The thing is, there are lots of property owners who don’t have the time to manage their properties spread across town. They need someone they can trust to collect rents, fix broken stuff, and kick bad tenants out.

So, if you are up to the challenge, by all means, give it your best shot.

7. Virtual Assistant Service.

Many small business owners and solopreneurs need helping hands to keep their business going, and wouldn’t mind paying to get one.

Why not cash in on this opportunity by offering virtual assistant services to these busy entrepreneurs?

You can help them manage booking appointments, send and reply to emails, make calls to their clients, answer customer queries, and lots more.

The best part is that you can do all this without being physically present.

Crowdsourcing platforms like Upwork, Remote.co, and Indeed can help you find clients.

8. Web Design Agency.

In the early age of the web, you needed to know how to write long, intricate codes to build a website. But all that has changed now, thanks to no-code solutions like WordPress and Wix.

If you like to design stuff and don’t mind devoting time to learning how to use WordPress, consider starting a web design business.Automation web testing comes in the website development life-cycle. You can also offer web design as well as automated testing services. And can work as an automation testing company.

To acquire clients for your business, start by telling your friends and family what you do. You’d be amazed at how this simple networking strategy can bring you lots of clients.

9. Video Editor.

Did you know that YouTube is the second largest search engine just after Google?

This is a clear indication that video consumption is soaring.

Hence, if you are good at video editing, there are lots of people out there that will need your services.

10. eCommerce.

Thanks to the internet, selling is now easier than ever. You can sell products to people on the other side of the planet without stressing about it.

When done right, an eCommerce business can be extremely profitable.

Choosing the right eCommerce platform is vital for the success of your business. WooCommerce, Shopify, Oberlo, etc. are some that you can try.

So these are the best way with which you can actually upto $5000 income per month.

All the best.

Source – dollarfry