Hey, I'm Preston.
And I'm Trent, we're here with TRUiC,
The Really Useful Information Company.
Today, we're gonna spell out some ideas
for your next online business.
What's really cool about an online business
is that they can be started quickly,
can be run in your free time on the side,
and are the perfect way to test out ideas.
Not only that, but you can grow an online business
into an empire, if you put in the time.
Follow along with the guides in the description below,
as well as find links to hundreds more business ideas
to get you inspired.
(mimics upbeat music)
(bass guitar music)
Generally, people will tell you about an online method
or two such as dropshipping, flipping items on Amazon,
loading your blog up with affiliate links
which are all great starts,
but are hardly the whole picture.
Hardly, when starting your business online,
it's best to have a multi-method approach,
which we'll demonstrate.
This will increase your brand's presence
as well as provide additional income.
Regardless of your methods, though,
you'll want a domain and website dedicated to your business.
This acts as the address,
like how a physical building is the hub
of a brick-and-mortar business or office.
We've linked below some of our preferred methods
of securing and building your own website,
as well as our guides that can walk you
through the process on your own.
Idea number four gives some more insight
into how important that is.
Idea number four?
Isn't it a spoiler, Preston?
No, just a helpful hint.
Not everything is a spoiler.
Anyway, let's jump into our idea list.
These are designed to get you thinking
about the infinite possibilities of the internet,
without making deciding an impossible task.
We'll pair different ideas
with different supporting methods,
but by no means are they the only options.
We just wanna get your gears turning.
Turning, there are generally three avenues
that you can pursue as the base
of your online business model,
products, services, and content.
Let's jump into the ideas, starting with products, Trent?
Our first online business idea
is the direct product method,
in the form of a specialty spice shop.
Taking a simple product everyone uses
and transforming it into a stylish, modern brand
is a smart way to establish your business.
Make yourself a clean, professional website
preferably with a shop built-in.
Make a fresh label and source wholesale spices,
grow your own, or resell and repackage
through a third party.
The way you can really make this business shine
is by making an accompanying social media account.
A boutique spice shop with an eye-catching Instagram
would pull in curious shoppers.
You can also build a blog into your site,
where the brand posts articles, recipes,
lifestyle elements, and other discoverable pages
that can bring in organic traffic.
These pages can be embedded with affiliate links
and ads to generate some additional revenue.
Our next idea is a recurring product purchase method,
such as a subscription box for seasonal gardening.
Subscription boxes have taken off with the likes
of Dollar Shave Club, Blue Apron,
Bark Box, and so many more.
With a gardening subscription box,
you can offer a variety of seeds, nutrients,
tools, and resources at intervals throughout the year
that encourage and enable people to successfully grow goods
in their own back yard.
Upselling customers with a garden assessment
will ensure people get the products that suit their needs.
You can support this subscription box business
with an eCommerce shop that enables one-time purchases
of additional items.
Oh, a blog and social media account
will keep you in touch with your customers,
and provide opportunities to get revenue from ads,
affiliates, and sponsorships.
Don't forget about affiliate deals and sponsorships.
You should also find sponsors that will pay
to partner with you to add goodies
to some of your shipments.
It's a great way for them to promote their own brands,
and for you to have slimmer margins.
So those are some ideas for selling products online.
These next ideas will look into some
of the services you can offer online.
This brings us to number three, a consultation business
specifically specializing in video editing,
software, storage, and techniques.
People learning how to edit video
and needing help will be our primary market.
This service has never been more in-demand,
and small tech support and consultation businesses
are finding that their personal touch
is greatly appreciated especially in a world
flooded with call centers.
Even in a strictly remote, web-based format,
you can make a living by troubleshooting technical problems
and guiding clients through tricky issues.
These services can be charged by the hour,
or charging at regular intervals for on-call assistance.
You can further strengthen this business
by creating videos that guide people
through simple problems,
which will attract new customers
and establish you as an authority.
If you roll ads on these,
you can collect some passive income.
You can also start a website with blog entries
that discuss programs, issues, and solutions,
all while encouraging the readers
to reach out to your professional services.
Partnering with companies and inserting sponsored links
to programs can provide you extra cash, too.
Next up, number four, a web design business.
Web design has a market value exceeding $20 billion
and the need for designers is constantly growing.
Believe it or not, the majority of consumers
evaluate the trustworthiness of a brand
just by their website.
An alarming 36% of small businesses don't have a website,
which could be an excellent group for you to target.
Between making great sites,
you can create individualized branding packages
that can help businesses stand out amongst the competition.
It's always important.
Having a one-stop shop where you can get a great site
and a strong design package is worthwhile
for businesses of all sizes.
Additionally, investing in and developing
some interesting domains on your own
can be an extra source of revenue.
Those pages can serve as a portfolio
showing the diversity of your work.
If you get a domain someone is interested in,
you could always sell the address, the designed site,
and the branding for a huge profit.
People frequently sell domains
for several thousand dollars apiece.
Remember, pizza.com?
I do remember pizza.com.
There are plenty of site-builders
and domain purchasing tools that make both building
and flipping websites easy and cost-efficient.
You don't have to have a web design degree
or even the ability to code a site from the ground up.
There are plenty of templates that are highly customizable
and look very professional.
True, a business's website is the first thing
the majority of consumers check before deciding
to do business with them.
So whether it's your own site, or a client's,
keep this key fact in mind.
And then, we've gotta address your cast on camera, right?
Nope.
(laughs) Just kidding.
How could this be a thing without saying anything
to our viewers who are so concerned about your health?
Yup.
All right, those poor viewers.
Now we get to everyone's favorite method
of building an online brand, content.
This broad word has come to encompass everything
from videos, articles, music, speeches, conferences,
basically, information, baked into some kind of media.
So, our fifth online business idea is podcasting business.
Whether it's education, entertainment,
or somewhere in between,
audiences love having a selection of podcasts
that discuss all manner of specialty subjects.
If you're a creative writer
but want a unique outlet for your talent,
consider making your own serial short fiction podcast.
All you'll need a quality microphone
and some audio editing skills,
but this is a great outlet to make money
from your creativity.
Podcasters make money by charging per episode download,
having episodes sponsored by one or two brands in exchange
for being mentioned in the show, and selling merchandise.
Those who take this business even further sell tickets
to live tours of their podcast,
let their fans give donations through programs like Patreon,
sell downloadables and eBooks, and so much more.
It all depends on your niche
and what your audience is looking for.
A podcast is a great piece of content
that complements lots of different business models.
If it's something you've considered doing
but you're not sure it can be your primary business,
see if it can work alongside another business idea.
Our sixth idea is an online auto repair course.
Car owners often look for solutions
to solve their mechanical troubles on their own,
especially when it means spending less at a mechanic.
And especially when brakes cost $300.
Exactly.
Learning to take care of your car on your own
is an incredibly valuable skill,
and as a car repair instructor,
you can show students how to be more self-sufficient.
The outlook on education has made
a big shift lately. True.
People are excited to seek out things to learn
on their own time, and to want to source
this information from experts they can trust.
Enter the online course.
Whether it's through videos, downloadable content,
eBooks, or bundles of those options,
online courses spread valuable information
and let you monetize your knowledge.
You can charge per lesson, or for complete course packs.
There are dozens of e-learning sites
that host independent instructors,
take advantage of these tools as you grow.
With a supporting website, free sample lessons,
and even offering individualized lessons for a fee,
this business could evolve into infinite educational,
authority-based possibilities.
Don't forget about affiliate deals, ads,
and sponsorships here too.
You can offer links to products, brands, insurance quotes,
and other compatible deals in order
to secure some additional passive income
from your existing students.
Always good to try and bundle those methods.
Oh yeah.
Finally, our seventh idea, an online fitness magazine.
This popular site layout presents readers
an authoritative voice on niche interests
and fitness is an industry that's becoming
more widely appealing, as people are looking
to take their health into their own hands.
Informed writing is sought-after in practically
every corner of the internet,
and costs you absolutely nothing but your time.
Whether it's by offering a monthly subscription,
putting up paywalls for access to exclusive content,
or thriving on donations,
your audience pays to read what your brand publishes.
In addition to those revenue methods,
an online fitness magazine can implement affiliate links,
ads, and sponsorships into their articles.
This provides a more passive method of income,
but allows you to offer more free content
to attract readers.
Online magazines are an excellent business
that can eventually dabble in other kinds of media,
such as book publication, video content, and even products.
If you have the ability to be an authority on a subject,
consider this as a low-cost way to enter the market.
Don't be afraid to swap out the specialties,
substitute one platform for another,
just keep an open mind and see what calls out to you.
It's always a good idea, and don't forget,
these are just some of the ideas
that we've brainstormed for you.
We have hundreds more on HowToStartAnLLC.com
And we're coming up with new ones constantly.
I've said it before and I'll say it again,
I really am constantly writing business ideas,
like everyday.
So many of 'em. A lot of 'em.
And we're not just providing the ideas, either.
Follow the links below for full-blown how-to guides
on starting each of these businesses.
We also have instructions, legal documents, discounts,
basically everything you'll need
to form an LLC in your state.
And we're dedicated to providing quality content
and educational materials to make starting
your own business easy and approachable.
Give us a like, and subscribe for more videos.
Leave us a comment if you've got a business idea
you need help getting off the ground.
We'd be more than happy to point you in the right direction.
That way, that's all for now.
From all of us at TRUiC, we wish you the best of luck
with your new business.
Good luck.
I think that was solid.
Or we could totally slow it down if you guys would prefer.
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