Home based business – ten winning ideas online

Here are the top 10 home based business opportunities on the internet.

I recently posted about things to consider before you start so you should really check that out as well.

But let’s look at 10 ways people are making money on line.

1: Affiliate Marketing

This is where you promote other company’s products and services on your website. When a sale is made, you get a commission on that sale. You’re going to need to be able to generate your own traffic, write about the products in a way that convinces people that are worthwhile, but retains your credibility. You’ll need to also learn a bit out PPC (pay per click) marketing.

2: Blogging Blogging

A blog is a website filled with articles, reviews, stories, anecdotes and journal-style writing. I’m sure you’ve visited many. You’ll need to build traffic (people coming to your site) and then you can sell advertising or incorporate affiliate marketing on a blog to earn money. You’ll need to be able to write in a way that people find interesting, understand social networking (Facebook, etc) affiliate marketing (see above) and web marketing.

3: eBay & Auction Selling

This is where you buy and sell products on an online marketplace like Ebay, Amazon Auctions, or Craigslist. For example, you spot bargains, buy them and sell them on for a profit. You can also accumulate stuff in the real world from your neighborhood. Now you know why people arrive at yard sales at 8am. You can sell used goods, buy goods wholesale, or use a drop-shipping service. The Ebay learning service is a great resource.

4: Internet Research Business

If you’ve been involved in research and or libraries you can provide a service to companies doing internet research. Think about law firms  and even private investigators here! You’ll take your research skills and add customer service to undertake this top 10 home based business opportunity online

5: E-Commerce

You’re going to take on Amazon! Selling products or a technology-based service on your own website. be careful as this is arguably the most difficult one of all and where many of the biggest failures have occurred. You’re going to need just about every web based skill imaginable. These are the most risky Internet home based businesses.

6: Arts & Crafts

If you have a skill and a passion for creating your own arts and crafts, the web is the perfect place for you to display them. Alongside your creative talents, you’ll need to think about photography (pictures are important here) sales and e-commerce.

7: Freelance Services

Why not use your skills in administrative work, copy writing, photography, programming, etc. You’ll bill at an hourly rate. One of our members started on the administrative route and became so overloaded that she hired a friend, and another, and another…. She now runs the relationship side and farms out the admin work to her team. Once again your sales relationship management and networking skills will be key.

8: Recruiting

Use your network and professional experience to create a resource for companies to hire people. You get a fee  when each hire is made. Focus on your specialized area – a niche. You are going to need sales, relationship building and networking skills to make this a success.

9: Consulting

We have two consulting businesses. You’re again going to take your skills and experience and sell them on a contract base. Don’t underestimate sign off times for big companies. Relationship management, sales, customer service and presentations skills are critical.

10: Tech support

Small businesses can’t afford full time tech support for their PC’s, Mac’s and networks. Take your skills in this area and start a virtual support business. you can either negotiate contracts or hourly rates. There’s a huge demand for this. In addition to your tech skills you’re going to need patience by the truck load (but you know that!) and relationship and sales skills.

There you have it, the top 10 home based business opportunities online, complete with the skills you need. At We Dared To Dream we can help you work out which is best for you and take you step by step till you’re making money.