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Wednesday, July 21, 2010

5 Profitable Online Businesses Anyone Can Do

It’s not difficult to realize that the emerging trends in commerce today have been leaning towards online-based businesses. I guess the most obvious reason for this is that it’s cheaper. You do your business online, in the comfort of your own home, cutting overhead spending to just what’s needed to maintain a website, which is a fraction of what actual office space would cost.

Business on the internet has come very naturally and become very profitable these days for the tech-savvy Filipino. We’ve found retailers who earn a minimum of 10,000 pesos a month from stores housed in Multiply pages. And some who have set up official websites and use social networking sites to their advantage earn a minimum of 50,000 pesos a month.

With the web giving you access to the whole world, the market potential is actually limitless. And because the opportunity to start is cheap or in some cases free, anyone can do it. And you don’t even need to be an IT expert or something, as we discovered ordinary people who just love the net among those who actually do well with these types of business.

So in case we’ve tickled your fancy enough for an online business, here are the types of online businesses we’ve found to be most popular and most profitable for Filipinos:

  1. Selling and Auctioning – Most dedicated selling and auctioning sites are actually free. Otherwise, you may even post your items on social networking sites. But be warned that some people are skeptical about buying items off the internet. You have to be at your most professional, be prepared to answer all concerns and work hard for a good reputation, in order to convince everyone that you’re running a legitimate business on the web.
  2. 2. Blogging – Creating your own website could also be done for free. But having your blog page ending in a .com or a .ph is certainly a level up, as it helps make your blog more searchable on the net. You can make money from your blog by allotting specific locations on your blog where advertisers can post ads. Advertisers then pay you for the clicks on their ads. The more hits their ads get from your visitors, the higher you earn.
  3. Network Marketing and/or Direct Marketing – Have you’ve ever registered on a site and referred a friend to join as well? A practice commonly encouraged by social networking sites, other online businesses encourage referrals as well. And when sites earn from new members who register on the site, rewards may be cascaded accordingly to members who refer new ones to the sites.
  4. Virtual Assistant – Surf the net, research related sites, write reports, or do almost anything for someone. A personal assistant in the U.S. would cost someone about US$ 4,000 a month in salaries, while a virtual assistant remotely outsourced in the Philippines may be willing to do the same job for US$ 400 a month. Not bad for both ends. Filipinos could just work from their homes and take advantage of the demand of today’s current global financial crunch.
  5. Marketing Services – Telemarketing, selling online or just promoting your business, products and services can also increase your revenues. Not only can you personally market your business, you can also make money promoting other people’s businesses. Offering the service of online marketing to other people could mean good business for them, and great business for you as well.

With all these opportunities, doesn’t earning a monthly five- to six-figure income sound easier than it used to? Put your ideas online and start making money. When? Now is as good a time as any to start your own online business!

It’s time to design and develop your website! Go to www.hotbox.ph and start your own personal and business website today!

By: Hotbox Creations

1 comment:

  1. Awesome! This article really useful.Thanks for some tips i really appreciate it a lot

    ReplyDelete