Today the world's entrepreneurs have found a gigantic market, sometimes unexplored, on the Internet, which offers many business opportunities. The digital interconnection that breaks down frontiers of thought and offers abundant information also makes it easier for us to search for more specialized clients, commercial representations or market segments interested in our offers; everything just a click away.
However, there are business items that, given their nature, benefit more than others; writing about this type of business is the reason for this article.
Before I want to add two important points:
The first is that due to the complexity of the online market (stores, platforms, forms of intermediation, forms of payment, types of products, types of services, etc.) there is still no consensus on which are the best-selling products.
Secondly, due to the name of the article, I have selected (with a small dose of arbitrariness) the most profitable businesses, taking the concept of profitability as the percentage of return on the investment made.
Without further ado, here are the most profitable online businesses:
1. Multilevel Marketing
The affiliate industry has made the internet their home, the ease of networking beyond the circle of acquaintances allows networkers to sell. Without venturing to write about the effectiveness of the products offered (about which I prefer not to pronounce when unaware of them) the truth is that networkers manage to attract customers (affiliates) and make sales.
To achieve their purpose, they use the communities in social networks where they capture interested people who direct to their web pages. They also have automatic response systems that allow them to manage enrollment, train their networks and naturally sell their products.
The investment required to enter this item is very low since in most cases the parent company offers free web pages and other digital tools to affiliates; For this reason, this business is highly profitable.
2. Sale of courses and electronic books
Despite the fact that free information abounds on the Internet, as well as specialized knowledge, properly organized and compiled information is always a highly valuable material on offer. If you have technical knowledge in a subject, then you can offer it online.
For this it is important to keep in mind that the educational offer on the network does not necessarily translate into books, there is also the possibility of offering audios, manuals on videos, websites accessible by subscription, newsletters, etc.
The ease of replicating intangibles is second to none, a material created can be offered a thousand times without the need to expand its logistics or have inventories. Naturally when we talk about intangibles we are also referring to the risk of copying and piracy; however, many customers prefer payment when the product is accompanied by excellent after-sales service. Otherwise successful pages like Template Monster or Envato Market would not be successful.
3. Dropshipping
In this form of electronic commerce a person creates a store where products are offered. The difference is that the store owner does not need to maintain a warehouse or inventory because when he receives a purchase order, he drifts it to the supplier and the supplier performs the dispatch.
The store owner is in charge of the commercial management, customer service and finances of your space; However, it avoids the investments of buying stocks, maintaining warehouses, etc. The main disadvantage in this type of business is the risks related to the quality of the products that the supplier sends, in this regard it is important to take into account that the person responsible for the client is the store and not the supplier.
4. Affiliate programs
In affiliate programs, an entrepreneur offers, exhibits or sells the products of a company for a fee. The affiliate does not have the obligation to meet quotas and neither does he assume responsibility for the products offered by the selling company.
In this regard, I want to highlight the Amazon, Ebay and Google affiliate programs that allow an entrepreneur to have passive income on their blog or website.
5. Digital services
Are you an internet enthusiast? Do you know the tricks that few know to increase visits to a web page? Are you an excellent designer or programmer?
So it is my duty to inform you that you have a highly demanded knowledge in our days. Thanks to the rapid expansion of interconnection in the world (and especially in emerging countries), experts in digital marketing, web designers and developers are highly sought after by companies and naturally by other entrepreneurs and professionals who want to locate themselves on the internet.
The investment to start your business is low, you need a website and the rest is promotion that can be done through social networks, mail delivery systems, etc.
