What is the best online business is a question I am asked all the time, so I decided this would make a good tutorial to answer this question. I must inform you I am not able to choose for you which niche is the best for you, but I can share some of the best choices for you to consider. I also can provide you tips to narrow down your choices, and with these, you will be able to make the best decision.
Follow Your Heart Or Your Brain
When I started my first business online I struggled to follow my heart or follow my brain, so I went with my heart instead of what I thought I could earn the most income. My first business was in the health industry, and not just one, but I tried five different niches in this industry before I decided to change to providing business training for small business owners and bloggers. You see I knew the right choice for me was something which allowed me to help people, so this is how I ended with my present online business.
“Success is walking from failure to failure with no loss of enthusiasm.” – Winston Churchill
Back To Answering Your Question
So what is the best business to start is a common problem we all struggle with when first starting out, and even after we have been in business as long as I have, it still is a challenge to make the best decision. Right now I am going through the same thing myself, you see I want to add a new website, but I am researching to narrow down which niche to promote with this new site. Online training programs will push you to go with something you are passionate about, and even though this is important the real key is to focus on what potential customers are interested in, and searching for online.
Google Trends Strategy
I highly recommend everyone use Google Trends as a tool to narrow down what people are searching for online, you can have access to so much information using this free business tool. You can get results up to one-year what people are interested in, but you also can find out what they are interested in right now, which I use to decide what products and services I promote for the most traffic and sales from month to month.
What People Are Interested In 2020
Now we are going to take a peek at the best online businesses to start, and these are predicted to be very profitable in 2020. So if you are planning on starting a new business this can determine your business success, and now let’s see what your choices are?
- Become an online coach is the number one prediction as to the most profitable business this year, and that might explain why my business training is such a success.
- Online courses are the next on the list, so are you seeing a trend that information is what people are the most interested in?
- Affiliate marketing is still predicted to be popular, so consider being an affiliate marketing coach, or provide online courses for this and you might have a winner.
- Physical products such as an online store is always a good choice, and you can promote affiliate products, digital products, and even go into dropshipping.
- Software is another option for you to consider, and don’t forget about how popular apps are today.
So from my research, these are the predicted most profitable business niches to seriously consider. You will then want to narrow these down to something that you do have a passion, so see first you focus on what people are interested in, and secondly on your passion to have both of the best in the niche you choose.
Recommended Coaching Businesses
For anyone tinkering with the notion to consider the coaching niche, I have included what Forbes predicts to be your best choices. You can visit their website for more detail of these if any of them interest you.
- Women Empowerment can be a powerful business to promote with so many women in the business industry today.
- Employee Satisfaction is becoming an important issue due to the lack of employment some business owners might be taking advantage of their employees.
- Sexuality is always a popular issue in our society, but it is becoming more and more of an issue now than ever before.
- Sales will also be a good choice since we are forced to purchase the products we need and want.
According to Forbes, these are some niches you should consider, but of course, only you know if any of these are right for you.
I have used online courses to learn many of the things I know today, and not only for my business but also for my own personal interests as well. So I can accept this to be a good one to consider, and I am sure there is a big demand.
These are some of the online course websites I have used in the past, and I do recommend you check them out as possible affiliate programs if you are considering promoting this niche. You can also take some of their free online courses as well, so either way, these are good websites to bookmark.
Free Online Certification Courses
As a bonus, I thought I would share some of these courses where you can get certified without costing you anything, and these are good for anyone who wants to be able to add certifications to their business profiles.
This business is going to just keep growing with more and more people searching for working from home jobs, and affiliate marketing is the easiest option to get started that you can earn from. It is possible to do this without even investing in a website, and I am receiving more and more high school, and college students interested in my free services than ever before.
If you are interested in free affiliate programs to join that pay high-commission and business resources, I recommend you browse my online store. If you are searching for a niche not in my store yet, I urge you to leave me a comment and I will add some to my store for you.
How to start an online store is easier than you might think, and adding one to your WordPress website you have two low-cost options.
WordPress Option One
This is the option I am using so if you like my online store you can go with this one for free, and all you need to do is add the WordPress plugin Woo Commerce to your website which only takes minutes to do. For a step-by-step tutorial to set up your Woo Commerce store, you can just click on this link to go to Woo Commerce.
WordPress Option Two
I was seriously considering this option as well, and it will only cost you $9.00 per month. This is for those of you more interested in a dropshipping store, but all you do is copy and paste code to a new page on your WordPress website and you will have your own dropshipping online store. you will be provided everything you need to set up your store from suppliers to your checkout buy button, and all you do is sign up for your free 14-Day Trial to see if this is right for you.
No Website No Problem
- Shopify $29.00
- Big Commerce $29.95
- Squarespace $12.00
- Wix $23.00
- Weebly $29.00
Shopify is rated as your best store builder with Big Commerce a close second, so both of these are your best choices and provide everything you need. Wix and Weebly are best for anyone who wants an easy drag and drop online store builder, so there are my recommendations that I would choose myself.
The last one we are going to check out today is starting a software business, and as you probably know this niche has many possibilities. You just can’t cover all the software with one business, so let us see what are some of our choices?
- Marketing Research
- Product Lifestyle Management
- Supply Chain Management
- Qualtrics CoreXM
- Check Market
- Quick Surveys
- Big Marker Webinars
- Go to Webinar
These are the top software in each of these niches, but you can promote software in almost every niche. When I was in the health industry the health and fitness software were my best sellers, so if you go with this niche take your time researching before making your final decision.
What Is The Best Online Business
This tutorial is to assist you in choosing the best niche for the most success and profit, but with any business, you will have to be patient before you will begin to start seeing a steady income. I can assist you for free, just leave me your questions in my comments and I will respond back to you.