Geographical locations are no more a barrier, thanks to the advent of the internet with different online business ideas cropping up to explore the opportunities the internet world has to offer says Carl Kruse.
That is to say, there are more than millions of online jobs out there, however, With 8 out of 10 online businesses packing up after years of initiation, you might want to commit to the right one that is meant for you.
You have the skills, the knowledge, including all the time in the whole world. Then, there will always be problems and people will always be on the lookout for solutions. The question is how can you help solve these problems?
Not to forget that most of the these jobs require minimal investment, easy to set up, and amazingly your business is available 24/7.
Now, whether you are looking for a side gig or a main job, here is an article to get you started on the promising online businesses to drench your hands in 2020.
Carl Kruse, a successful entrepreneur, and business consultant is here to walk you through the best online business ideas to adopt in 2020.
1. Start Online Tutoring/Coaching
If you are a person with valuable knowledge in a specific niche or subject that will like to share the knowledge to change people’s lives or meet specific needs, online tutoring promises to be a good one.
The online tutoring market is growing at a fast rate and millions of people are already making waves in this space, what is holding you back?
Google anything from how to lose weight to how to learn English fast and you will see tons of information.
You can as well start one-on-one tutoring with students and get to know them on a deeper level than what the normal classroom offers. This includes their fears, desires, needs, that can give you insights on how to approach their needs and grow your online business as well.
Niche tutoring such as guitar learning, drone driving or sports activities such as golf is also lucrative ones that can be considered.
2. Start a Consultancies Online Business
From large enterprises to SMEs, every online business is always on the lookout for expert advice to get going in the competitive marketplace. Who wants to be a backbencher or failure in the first place?
This is a great opportunity for experts and professionals with knowledge and experience in finance, law, investment, and many other fields such as health, medicine, education and so much more.
“There will always be a huge demand for consultants as businesses are always looking for advice on how to promote products or services and increase profits.” Carl Kruse says.
Moreover, wellness and fitness, relationship and life, and career experts are also not left out. The fact is, everyone wants to be successful and we are all looking for advice on how to sail through life and make a mark.
3. Online Marketplace
While it might look like the eCommerce market is already crowded, this is not necessarily the case and there are more opportunities out there that can be explored.
If there is anything you are good at and you don’t mind putting your skills to practice, niche products such as costume jewelry, paintings, art items, and other handmade items are unique, making them one of the most popular items being bought online.
Moreover, consider selling second-hand products. Most people wouldn’t mind buying electronics, clothing, furniture and other things that are still in good condition.
Being an eCommerce reseller can also be a good way to start. You can simply purchase and resell goods online.
Thanks to various stores such as Shopify, BigCommerce, eBay among others that are making things simple says Carl Kruse.