Our world today provides a host of opportunities to those who intend to start their own online business. The 21st century is regarded as a golden age of wealth and as much as the perils of modern day society are glorified in the media, the period which we live in is one which has the potential to support growth in businesses at exponential scales. Thanks to technology and the internet, e-commerce has seen a boost over the years. In the years to come, e-commerce will become the norm and a large chunk of human business transactions will be dine on the web rather than offline.
Then comes the big question; how can one start an online business and take advantage of this rise in online transactions? Whether you’re looking to take advantage of the e-commerce transition, or to start an online business and side hustle, or you’re looking to make a fortune from your online business, here are some online businesses you should begin to consider:
- CHATBOT BUSINESS: The emergence of chatbot has been fun to see and witness. Platforms like Facebook and other social media have made us become addicted to chatting with friends and family across platforms. AI chatbots now present a new opportunity for businesses who plan to automate the process of communicating with customers. Investors and entrepreneurs have begun to see the potential of chatbots in commerce and businesses and organizations across platforms have begun to look towards chatbots.
- AD MANAGEMENT BUSINESS: In the fast moving and competitive market of the modern world, with an understanding of the basics of paid advertising, you can easily startup your ad management business. Ads serve as fuels for businesses and several large companies including tech giants Facebook, Google, Instagram, and Youtube. Understanding and learning about paid advertising could set you up to making that mullah in no time
- SEO BUSINESS: Search engines are the major key players in the world of e-commerce and paid advertising. The ability to come out on search engines is relevantly and organically is something businesses seek. From statistics, only about 40% of click on the first search results and 91% of people will not scroll to page 2 of the search engine. And therefore, businesses and organizations strive to appear at the top of Google search engine results pages (SERPs) making SEO services very high in demand and lucrative. As more and more companies strive for the top spot, there becomes higher demand for SEO as well as more competition.
WEBINAR BUSINESS: this is not as complicated as it looks. Webinars are one of the best way which you can sell anything. And the best thing about webinars is that you do not necessarily need to create a product of your own. Webinar offer an engaged audience that are willing and ready to purchase whatever it is that you’re offering. Webinar guru, Jason Fladlien, who is co-founder of Rapid Crush, has grossed well north of $100 million in sales through webinars, which goes to show you the sheer power of this medium for selling.