The Most Popular Online Business Ideas in 2021

The digital age dawned upon us with the advent of the internet. The migration of trading from phy

...

sical stores to online shops took the world by sto...

The Most Popular Online Business Ideas in 2021
Gemma Davis Image
Gemma Davis
Updated: Monday 15th of March 2021
Strategy

The digital age dawned upon us with the advent of the internet. The migration of trading from physical stores to online shops took the world by storm. The possibility of ordering goods and services from the comfort of their homes was a blessing for time-poor customers. Although it took some time for the target market to get used to buying things without touching them, the sector has gained a preferred status in the pandemic-stricken world. Most brick-and-mortar stores are moving online and trying to woo the audience with contactless deliveries and festive discounts.

Consequently, most budding entrepreneurs looking for a business for sale in Brisbane are considering buying an online venture. The low-risk business model offers the flexibility of choosing the work hours, reaching broader markets, selling 24x7, automating processes, and getting the money transferred quickly. So here is a list of the most popular online businesses that can be acquired in 2021 to become successful.

1. E-Commerce Business

Online retail stores are mushrooming worldwide, and the need for more stores is growing as the demand for online shopping is booming. Everything can be sold online to generate profits, from baby clothes to indoor plants and furniture to electronics. You can opt for niche businesses like an online cosmetics store or a travel booking service. It will help you to create a unique selling proposition and create a distinct position in the clutter.

You can sell your products across the country and even internationally. It gives you insight into customer data and allows the usage of marketing tactics for retargeting potential buyers. There are several other benefits of doing business online, such as processing many orders simultaneously and scaling the business whenever you want.

2. Dropshipping Business

Although relatively less recognised, dropshipping is the best way to become an entrepreneur with the least investment. You only need to acquire an online store and get started. The store will allow you to showcase products manufactured by a wholesaler who will also take care of the packing and delivery. Thus, you will only provide the platform that allows the transaction to take place and earn commission on every purchase.

Dropshipping eliminates the risk of buying stock in bulk and losing the investment if you are unable to sell it. The only investment is in the buying of the online store and the domain name, which has an e-commerce functionality. You can enjoy the perfect work-life balance and continue the business from any location. Also, you can sell as many products as you want since you are not buying or storing them.

3. Web Design and Development Services

With more and more small businesses vying for a charismatic digital presence, the demand for web design and development services has gone through the roof. You can acquire a web development business to cater to the needs of the entities that are struggling to find online visibility. With a team of great graphic designers and developers, you can create stunning and intuitive websites, which attract traffic and lead to conversions.

The business can be effectively managed online and does not need an office setup. The team can work remotely and provide the layout, theme, and code for the client sites online. Equipped with a creative portfolio and a list of satisfied customers, you can earn steady profits from this venture.

4. Digital Marketing Business

Since most businesses are moving online, they are also looking at digital marketing strategies to attract more customers to their websites. It is a vast domain, which includes SEO, social media marketing, Google Ads, Facebook Ads, email marketing, affiliate marketing and influencer marketing.

It helps in engaging and communicating with customers and improving visibility and loyalty. It is personalised and cost-effective and highly targeted and can be measured effectively. Thus, it is the best marketing tool that can be utilised by businesses. As the owner of a digital marketing business, you can capitalise on this requirement and make it an ideal way of earning great returns.

5. Content Writing Business

Content is the king when it comes to search engine rankings. If you have the ability to write compelling copy that generates web traffic, you can utilise your skill to become a professional content writer. Several businesses require technical writers who can offer technical descriptions for their operations manuals and whitepapers. It is a highly sought-after service and needs proficiency and professionalism.

As a content writing business, you can provide services like blogs, articles, email marketing, and website content for all types of businesses. Some other alternative career paths in this domain include proofreading, transcription services, ghostwriting and monetised blogging to promote brands.

6. Information/Skill Building Business

Selling information has come up as an excellent way of earning profits online. If you have knowledge on any topic that can be shared with others, you can become an entrepreneur with ease. From offering online yoga, knitting and sports classes to guitar, keyboard, and gardening classes, you can provide a variety of skill-building services via the internet.

With the number of internet users rising, these services have been in high demand, especially after the lockdown. In 2008-09, 73% of Queensland households had an internet connection, and the numbers have only been going up ever since.

7. Virtual Assistant

If task management is your forte, then you can become a virtual assistant. The service requires sitting in the comfort of your home and managing the administrative work of professionals working in the senior management of multinationals. The basic work requires making appointments, arranging travel bookings, scheduling meetings, responding to emails, and receiving phone calls.

You should be able to plan the day in advance to take away all the workload so that the individual has ample free time to concentrate on business development. The start-up cost is minimal for this type of online business, and you can pick your clients on the basis of your knowledge and skillset. It is an ideal entrepreneurial opportunity for single parents and those who want to invest in home-based businesses.

Conclusion

The pandemic ensured that businesses came out of their comfort zones and stepped into the progressive world of digitisation. It is the best time to invest in a business for sale in Brisbane that can be managed online to generate an excellent income while enjoying flexible working schedules.

Author Info
Gemma Davis

Gemma Davis is a Business Strategist with over 20 years’ experience and a CPA qualification in finance, accounting and business. She has been a source of inspiration to budding entrepreneurs and has guided them to reach the next level in their business growth plans. With her experience and expertise, she can help you to choose the right path and overcome all the hurdles in your journey as an entrepreneur. Her affiliation with Business2sell is a matter of pride for us.

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