Your Questions About Doing Business Online Ideas
William asks…
Could I make six figures a year with these online business ideas?
I would really like to make six or more figure a year. I have a few online business ideas that I think could be profitable, but I want to know what you think about them. The ideas are….
1. The first online business idea would be where I would sell office chairs on my website. I would get the office chairs wholesale and ship them myself or drop ship. Office furniture is a billion dollar industry. I think this idea could be the most profitable. Do you think this online business idea could make me six or more figures a year?
2. the second idea is a website where people can buy, trade, and sell gift cards for cash. There are however some sites that do this already. I would make money from ads on the site and by charging a small fee to the seller if his sale is successfull. Do you think this online business idea could make me six or more figures a year?
3. The third online business idea is a niche content site. Since I know a lot about the topic of songwriting, I would make a site with lots of content (articles, how tos, reviews, etc.) on the topic of songwriting. All this content will help me gain traffic. I make money from placing ads, adsense, and relevant affiliate products on the site. Do you think this online business idea could make me six or more figures a year?
4. The last idea is a website where users can submit original songs (which they have legal rights to) and other users can listen, rate, comment, and share songs with other users. There will also be a chatroom and a top 10 song list. It is a way for people to get feedback on their music, and also listen to new music. I will rely on ads to make money, but this site could get big enough to be making me big profits. The site would cost 5-10k to make, but I would get funding. Do you think this online business idea could make me six or more figures a year?
Personally, I like the first idea since I think it could make me the most money. Do you think selling office chairs is good though? Is that a good enough product? I would also do the niche content website to double my income. Do you think I could make six or more figures a year with any of these online business ideas?
Jere answers:
I’m not convinced that the money is in idea #1. First of all, if I were buying an office chair, I would want to sit it in first. But if you do go that way, definitely go with dropshipping – it will save you a fortune in time and the cost of storage for stocking items.
I think you’re really onto something with #3 & #4 – maybe even combined somehow. My initial thought in reading this was that you should do #4 and incorporate #3 as a paid tutorial that you sell ex. Become A Wicked Songwriter In 10 Easy Steps! You could break it down into several 15-20 minute video training sessions offered by email once a week. Then you can charge a small monthly fee for the duration of the course, and you will build a list that you can market other affiliate products to (multiple streams of income). Once you’ve created the course once, you upload it into an email autoresponder like GetResponse (sign up here: http://shorten.ws/8a69e5 ) and it will automatically be sent to new customers. You get paid every month from doing the work once.
Anyway, I hope you have great success… There are lots of ways to monetize a site for multiple streams of income, so my vote is to do what you love. Besides, then you’ll have the passion to really build it out and keep working on it. Speaking from experience, if you don’t love what you’re doing, it’s pretty hard to keep motivated to do it every single day!
Good luck!
Sandra asks…
Online Business Ideas for Low Budget?
I want to do an Online Business. My budget is a meagre $250. I am ready to work around 3 hours a day. I have internet connection at home.
I have tried the following stuff and want to keep away from it:
1.) Affiliate Marketing
2.) Online Surveys and
3.) Paid to Read Email
4.) Domain Flipping
I want an idea in which i will be the owner of the business and i want to earn a decent monthly income at least after 6-8 months of starting the Business. I want to have a website for this.
I have a very little knowledge in web designing. I can create a static site with a Website Builder Software.
Though not immediate, I need to start earning at least after 6-8 months after starting the business.
Please give me good ideas along with the money i have to spend for different things for the start up.
Please indicate the Fixed and Recurring Costs.
Thanks in Advance
Jere answers:
Someone with a surefire plan would probably charge you more than $250 to reveal it.
I’m sure you have already read more how to information than you will get here. I’ve heard the internet pros say more than once that the most common cause of failure is quitting, just when success is within reach, too many people, including myself, hop around between too many ideas, hoping to see an immediate payoff. One pro said that in the golden age of ppc 8 out of 10 attempted campaigns would succeed, these days of higher click cost and heavy competition this pro estimates 2 out of 10 campaigns succeed. Some gurus say “fail fast” it’s an essential part of the learning process.
You could blow your budget on education, spend 1/2 for a domain and host and the other half on paid (indian seo) traffic to kick it in gear. Buy and aged domain with a little pr with the promotion budget?
Building on a proven success might be a conservative approach. I understand the going rate for proven working sites is about 12x monthly income, so you could afford a site doing $25/mo currently, it’s not much but it is a demonstrated profitable, if the site was run by an inept operator, you can boost it with intelligent redesign and seo elbow grease.
One of the lower risk approaches, if you posses sound writing skills you might find steady work as a freelance article, sales copy writer, you might develop some high volume skills with 6 months practice.
Donald asks…
Good online business ideas?
Before i start, please give this question some thought to what it is i want (best answer will be rewarded)
I want some good business ideas for making money online with out relying on search engines and affiliates in the future!
I am thinking on a large scale and of course over many years and a lot of time and money spent to get this really big.
What i mean is:
Relying on search engines and affiliate programs at first to grow the business of course. But I don’t want to rely on any affiliate programs like AdSense for my income nor the search engines forever, i want to be able to forget about them and have a online business that stands on its own 2 feet.
Some might say search engines with PPC, they are good, but this is not what i want to start, the competition is at the top.
Having my own PPC ads is something worth having a look at, like Facebook, it is not a search engine, but they do have PPC ads and Facebook don’t need search engines for users or any affiliates for their income.
So any ideas? even if they take a long time to get established, I am not looking to make any quick money or any decent money for few years, I am in it for the long run.
Thanks for reading my long winded question.
***TO Akash R*** This is not what i mean i don’t care bout making money for few years, I want to start something seroius thats going to last, Your forex thing is all a gamble, I am after buisness thats going to stay around and helpful for mu users.
Jere answers:
Think of a business that is based on what you are most interested in doing and on what you are most skilled at. You might also want to look at what services are in demand these days.
For example:
1. Social media
2. Market research
3. Website design
4. Website development
If you don’t have any of these skills, you can still make money by hiring people with these set of skills to work for you. You get them clients, you earn money, you pay them what is due to them.
Whatever business you decide to do later on, make sure you do some market research to back up your decisions. With the right market research, it would be easier to come up with product ideas and with strong and effective marketing strategies.
Joseph asks…
Please help me with online business ideas?
I really would like to create an online business that will make me six or more figures a year. I have been researching a while, and have come up with some ideas but am not sure if any of the ideas could be profitable. 1 idea is a website where i sell office chairs that I get wholesale and dropship. I am not sure however if office chairs would be good to sell and be profitable. What do you think?
Another idea is to make a website where people buy, trade, and sell gift card for cash. I make money from charging small fee to succesful sales and placing ads on site. Do you think this could make me six or more figure a year?
Another idea could be a niche content site on the subject of songwriting. I would have lots of articles, reviews, and howtos on songwriting to get traffic to the site. would then put ads adsense and relevant affiliate products to make money. Even though this could make me some money, can it make me six or more figures a year?
The last idea probably wont work, but it is a site where users can submit orginal songs (which they have legal rights to) and other users can listen, rate, comment, and share songs with other user. There would be a chat room and a top 10 song list. I would make money from ads. The problem is i would cost me 5-10k to make the site and im not sure if I should spend that money on the site if i dont know that it could be profitable.
So i really like the office chair idea since i think it is the most profitable. Do you think office chairs are good to sell though? What should I sell online if office chairs arent profitable (please no ebooks or info products). What are you’re thoughts on the other ideas. I could possibaly run the office chair site and list some on ebay, aswell as the niche content site to really increase my income. Any ideas?
Jere answers:
I’m not convinced that the money is in idea #1. First of all, if I were buying an office chair, I would want to sit it in first. But if you do go that way, definitely go with dropshipping – it will save you a fortune in time and the cost of storage for stocking items.
I think you’re really onto something with #3 & #4 – maybe even combined somehow. My initial thought in reading this was that you should do #4 and incorporate #3 as a paid tutorial that you sell ex. Become A Wicked Songwriter In 10 Easy Steps! You could break it down into several 15-20 minute video training sessions offered by email once a week. Then you can charge a small monthly fee for the duration of the course, and you will build a list that you can market other affiliate products to (multiple streams of income). Once you’ve created the course once, you upload it into an email autoresponder like GetResponse (sign up here: http://shorten.ws/8a69e5 ) and it will automatically be sent to new customers. You get paid every month from doing the work once.
Anyway, I hope you have great success… There are lots of ways to monetize a site for multiple streams of income, so my vote is to do what you love. Besides, then you’ll have the passion to really build it out and keep working on it. Speaking from experience, if you don’t love what you’re doing, it’s pretty hard to keep motivated to do it every single day!
Good luck!
Susan asks…
Simple easy online business ideas?how to get started?
Simple easy online business ideas?how to get started?
Okay I am no fool, and don’t believe in get rich quick schemes. Nor do I have any self made invention that I think the world cannot do without. I simply am looking to make a minimal amount of income here and there. I spend lots of time on the computer so I figure why not start an online business. I would just like some simple suggestions that have been sucsessful by a large margain. Maybe selling t-shirts. Or whatever. I also figure I would have to invest some money into this.I am fine with that. Any suggestions you have for me will be appreciated. Thanks in advance.
Jere answers:
What do 99 out of 100 people want to do if time and money were not an issue? It is travel. If 80 percent of people are already booking online, what does that tell you?
People love to talk about their vacations and show pictures of the good times they had with family and friends. They love to talk about the people they met, the different cultures they interacted with and the new friends they made along the way.
Travel encompasses so many industries from flights, cruises, hotels, cars, vacations and much more. Go to any major airport, any cruise terminal and see the long lines of people. They didn’t get those flights or cruises for free. They booked them some where, most likely online.
Travel is a simple and not complicated. People have been booking online for ten years plus. The only difference now is that instead of the big people of internet travel hogging of all the commissions and benefits, the everday “joe traveler” can now enjoy some extra income.
If more information is desired, please send a message via the profile page.
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