(Presseportal openBroadcast) - Starting an online business is a necessity for online entrepreneurs. Well if you are Planning to start an online business? Well here are 5 lucrative online businesses you can start today
1. Blogging: Few years ago blogging was a hobby for many people but today it has become the fastest growing online business. Blogging does not require huge capital to get started. Also it does not require any technical skills. With Content Management Systems (C.M.S) like wordpress, joomlae.t.c you can set up a professional blog in minutes.
2. Domain Flipping: This is another lucrative business but most online entrepreneurs are scared of venturing into domain flipping because of the risk involved. The business involves buying and selling of domain names for profit. Itís a very good business and does not require huge capital to get started. Check out this practical guide on domain flipping to know how this business works.
3. eBayAuctions: This business basically involves selling or reselling products (using goods, purchased and reselling of wholesale goods, using drop-shipping) on an online market place like Konga, Amazon Auction eBay or Craigslist.
4. Freelancing: Most aspiring online entrepreneurs donít see freelancing as a business, but with the rate at which companies are turning to part-time contract workers to fill their various skills gaps, it's possible making a living providing businesses with a different kind of freelance services. Depending on the skills you posses, you could work for different companies in a various fields.
5. Social media consultant: Social media is a very important part of any online business. But the problem is time to manage social media profiles! Many business owners donít have the time to be involved with Twitter, Facebook, LinkedIn, and other social sites, in a pro-active way. And this is where you come in.
If you can create attractive social medial profiles and engage clients then you can make lot of money from this business Freelancing sites like freelancer.com is a good place to get started as you can find clients ready to hire you on per hour basis.
Another lucrative online business you can start today is creating micro niche adsense websites. However this business takes time.
You can go through the different online businesses listed above and choose the one you are comfortable with.
MMOIN is anentrepreneurial blog that provides practical training and call to action tips for online entrepreneurs.
Media Contact: Emmanuel Chukwu
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