The 10 fastest-growing profitable online businesses

Surely more than once you have thought of creating profitable online businesses that would allow you to get rich in two days.

All of us at some point have had entrepreneurial ideas that seemed very good and the next day or after doing a little market research we have verified that it was not what it seemed.

We have been disappointed to see that this online business that seemed very profitable really was not, and in most cases, it did not even turn out to be a novelty.

You have to know that everything is invented, well, almost everything...

I am not going to tell you that I have the solution and the magic formula to create profitable online businesses and earn money online , nor that reading this post is going to make money come out of your ears. but I am going to show you profitable online businesses that work, that are booming and that are profitable on the internet.

I assure you that with work it is possible to generate income through them.

What online business is the most profitable?

Well, I see you don't want to waste time and get to the point. 

Let's see, easy doesn't exist. In most cases, all the people who exist starting or creating online businesses is because they have worked hard for it. Someone hits the ball, yes, but that makes him one in a million.

That creating a profitable online business is not easy, I think I am making it clear to you, but I am going to be positive. 

CREATING A PROFITABLE ONLINEBUSINESS IS POSSIBLE.

How to create a profitable business on the Internet?

If you are looking for profitable online businesses that require little investment or even start a business without money, I leave you with 10 growing business opportunities that you can take advantage of.

I could begin to list a multitude of internet businesses in which to invest, but we are talking about profitable and worthwhile businesses, talking about multilevel businesses where money is difficult to obtain is not the objective of this article.

 

It is normal that if your idea is to be a successful entrepreneur, you look for a business with little investment and a lot of profit, but you have to be careful, and if you are going to invest in a profitable online business,  you must pay attention that the business model is:

 

• Reliable: be careful, all that glitters is not gold, not all business opportunities are what they seem.

• Scalable: it is important that you take this into account when creating a business from scratch. The objective will be to generate more money without the need to increase your fixed costs.

• Aimed at a clear target audience: it is essential that you define your ideal client as soon as possible, it is possible to reach them with few visits, you have to take care of the viability of the business based on that end user.

You also have to take into account as an entrepreneur that you will need a minimum investment and take into account the following factors:

How much are you going to spend to create the business?

For example, if you are going to create a web page, I recommend that you do it with WordPress. For this you will need to invest little money but necessary if you want the website to work.

The expenses will be minimal and will not reach more than €100 per year when contracting a domain and hosting

If you work from home , great, you are not going to spend much and this is an advantage. If you are not going to have a fixed cost in electricity, furniture, etc.

In addition, you will need to register with social security (self-employed) and if you also do not get along with bills and paperwork, you will need to hire the services of an Agency.

 

How much do you need to earn to make a profit?

As many of us in the marketing world like to say, it depends.

You have to bear in mind that if in an offline physical business, you are willing to have losses during the first months of opening even for a year, almost the same thing happens in online jobs with the difference that you are going to spend much less and that it is possible to generate Progressive income until reaching a monthly salary.

You are going to achieve this thanks to some of the 10 profitable businesses that you are going to see.

10 profitable and innovative online businesses

If you want to be an entrepreneur, there are many businesses in Spain that need little investment and are productive, you can even generate extra money doing manual work from home , but if what you want is to earn real money, I am going to show you what I think they are the most profitable and easiest ideas to monetize.

They are the business models with higher profit margins that require less investment.

1. Online stores

Today in Spain, 84.6% of the population aged 16 to 74 have used the Internet in the last three months according to data from the National Institute of Statistics and 4 out of 10 people have ever bought online, with these data it is inevitable Do not think that an online store is a profitable business even more booming this year.

Anyone who wants to start and set up a business today has to think about the internet, even if their thought is to rent or buy a place to physically sell produce, the presence on the internet is sooner or later inevitable.

The user has less and less time and is more comfortable and impatient, the facilities offered by online stores make it the most profitable business model today .

Advantages:

• The cost and risk is minimal , setting up a store easily with plugins like WooCommerce for WordPress makes the job much easier.

• Having an online store increases visibility and possible sales, in a physical store you do not have as much reach.

• You play with a double advantage by being able to count on the physical and local business.

• The possibilities for promotion are enormous.

Disadvantages:

• Logistics normally have a somewhat high cost depending on the sector.

2. Virtual franchises on the internet

Virtual franchises have been one of the most profitable businesses for a long time, creating a business model or plan where you have advertising created, is an opportunity in the offline world but also on the internet.

The difference when creating a business plan for a franchise in a physical establishment or online lies in the price and this is an advantage as you do not have to buy or rent a place or hire employees if you do not want to.

 

The range of productive online business opportunities in these sectors is very wide, being able to create stores, real estate agencies, travel agencies or advertising companies using platforms like shopify, wordpress etc.

This means that online businesses are currently cheap and profitable franchises without premises, since they are based on a successful low-cost franchise system.

 

If you want to set up a successful franchise in Spain or abroad you will have to work the same as in a physical business but with the peace of mind that the outlay and the risk are lower.

 

Advantages :

• You do not need a local to develop the business with which you can create a cheap franchise and start earning money

• Possibility of working from home from an internet connection open 24 hours a day.

• As it is a franchise with a known target audience, the risk that the results of investing in a profitable franchise are lower.

• As it is an online franchise, the courses and seminars that can be offered by the franchisees for the development of the business will be online.

• Greater advertising reach.

 

Disadvantages :

• Less room for creativity by having conditions from the franchise.

• Being on the internet is more exposed to damaging the image of the company.

• Although the investment costs are lower than in physical franchises, they are still important.

3.Academies and online training

If you want to set up an online business, creating an online academy on platforms as good for it as WordPress can be a very profitable business on the Internet.

Just as we have talked about in point 1 about the lack of time and comfort, being able to receive group or personalized training from your home is a booming business that seems to have no ceiling.

 

Years ago it was unthinkable to be able to receive this type of training from home, without a doubt it is one of the best business ideas with a promising present and future.

Imagine receiving guitar lessons online, wonderful, right? This was not possible before and it is an innovative and real business today.

 

Advantages:

• You can offer training for the user to follow their pace from home.

• Doubts can be resolved through Skype, being able to solve them in the same way as if you were in person.

• Very competitive prices can be offered as a minimum investment is required.

• Greater discounts, by having more diffusion through different channels, the offer is more attainable and specific discounts through dates or coupons make it a very attractive business system.

 

Disadvantages.

• It can generate a certain mistrust due to currently massified courses of low quality.

4. Online advertising

If you want to set up a profitable business and earn money, advertising is an online business model that is constantly growing.

Internet is another channel and it is equal to or more powerful in advertising than any other medium we have been used to, this is usually the main incentive for those who start on the Internet and want to create a blog since it is the first option for those who start and want to generate passive income.

 

Although this may seem like a profitable business model idea, it must be said that it is not the most profitable unless you have a high number of visits and I am talking about many, since a high number of users are needed on your website to generate income. that they are worth it.

Not everything is Google advertising and although it is a very good work idea, there are better ways to earn money through advertising as is the case with this alternative or complement to Adsense and, in any case, it will be mainly influenced by the number of visits.

 

Advantages:

• It is easily integrated  into almost any platform offering different possibilities of diffusion.

• You do not need investment to set up a business.

• It is fully compatible with other business models adapted to a website.

• You can partly decide which words are the ones that have the most CPC (cost per click) and generate more income based on searches.

 

Disadvantages:

• You need to have very high web traffic to make a decent income.

5. Dropshipping

Dropshipping is a very profitable and innovative online business model with many possibilities today that consists of selling products in your online store from another provider.

The main benefit as an entrepreneur is that you do not have to worry about distribution and stocking

You invoice and respond to the customer for possible errors, but the most cumbersome part is the dropshipping provider with which you have a relationship, who will take care of the storage and distribution of the product.

With dropshipping you  act as an intermediary  between the client and the manufacturer or wholesaler.

The margin is wider than the affiliation when marking your price in your store

Dropshipping is one of the booming online businesses that is becoming more fashionable.

Advantages:

• The investment is even less than in online stores since you are not in charge of buying the product from suppliers and then selling it.

• You only take care of the sales part, so the shipping and logistics are handled by the distributors.

 

Disadvantages:

• You are not in control of  the entire process. This is an advantage but also a drawback since if there is an error in a shipment or some other problem, you respond.

• It is not easy to find dropshipping providers that respond well.

6. Membership

One of the best profitable businesses to generate money from home is Affiliate Marketing .

It is one of the most innovative businesses that does not require investment.

It is a model widely used in blogs regardless of the theme and many websites on the internet offer their service to become an affiliate and sell their products.

Affiliation is a passive way to get commissions through product or service recommendations.

If a person clicks on a banner, image or link on your blog, you will get a commission for it or starting a website for any niche and monetize it. Examples of niches like recipes, weight loss, diets and meal plans.

You do not have to do anything else, when you create an affiliate account on the different websites that offer this service, you will have access to your account where you can see the commissions generated and that will be deposited in your account,

 

A simple example of this small business model would be to create an online store offering Amazon products with its affiliate program. For each sale from a link from your website, you will get a commission of up to 10% for each sale (€10 maximum) which is not bad at all since, as a general rule, Amazon generates more trust than other platforms.