Top 10 Best Online Business Ideas for 2022
According to the Small Business Administration, online businesses have become an integral part of the economy, and their influence will only continue to grow over the next few years. With that in mind, here are 10 of the best online business ideas for 2022 that you can use as inspiration when starting your own company. The list includes established players, such as Amazon and eBay, but also emerging startups with lots of room to grow, like Lyft and Instacart.
#1 - Start an eCommerce Store
Best Online Business Ideas
In 2017, eCommerce sales reached $1.9 trillion globally with a projected growth of 9% by 2022. This makes starting an online store one of today’s best business ideas and a great way to make money in the future. You can choose what type of products you sell and don’t have to pay any fees to start or maintain your website. Unlike other businesses, most eCommerce companies will even give you professional website design templates so you don’t have to spend hours and days creating a site from scratch.
#2 - Become a Shopify Dropshipper
If you're good at searching for deals, why not sign up to be a Dropshipper on Shopify? As a Shopify Dropshipper, you have access to thousands of products that you can buy and sell online. These products will be sent directly to your customers from Shopify's warehouse. You'll earn a commission on every sale. To become a Shopify Dropshipper, sign up with Dropshipping America here.
#3 - Drop Ship From AliExpress
Best Online Business Ideas
Dropshipping works similarly to how affiliate marketing works. Instead of storing products in your own warehouse, you find a store that sells what you want and ships it directly to your customer. For example, if you want to start an online business selling scarves, you could find a company that sells scarves on Alibaba (Alibaba is like eBay for China) and then purchase some from them. After receiving payment from your customers for those scarves, you ship them directly from Alibaba to your customers. This process eliminates storage issues caused by building out storage space in advance or having too many suppliers at once.
#4 - Start an Etsy Business
Etsy is a great place to set up shop for small businesses looking to sell unique or handmade items. With its huge number of active sellers, there are plenty of opportunities to sell your wares on Etsy. To make money through Etsy, you’ll either need: A) distinctive goods that people can’t find anywhere else, or B) a strong understanding of SEO and some technical chops—know how to keyword stuff? Learn how here. If you choose business idea #2, though, take heart—the Internet has made it much easier than ever before! At one time, setting up an e-commerce site involved buying (or renting) expensive server space and paying experts lots of money to build and maintain your site.
#5 - Create an Amazon FBA Business
Best Online Business Ideas
#6 - Create a Course on Udemy
Virtual assistants tend to work remotely and are often hired by small business owners. As a virtual assistant, you would be focused on making sure everything runs smoothly for your client, which can include tasks like answering phones, scheduling appointments, and creating spreadsheets. You’ll need exceptional communication skills to ensure that clients are satisfied and able to run their businesses efficiently. The average virtual assistant makes $30-$40 per hour as of 2011 according to CBS News.
#7 - Create an Online Marketing Agency
Best Online Business Ideas
#8 - Become an App Developer
More and more people are getting smartphones and tablets. According to a recent eMarketer report, over 78% of American adults now own one or both of these devices. As apps become more and more prevalent, you can make money developing apps by publishing your idea on an app marketplace like Apple’s App Store or Google Play. In fact, a developer has made over $15,000 in revenue with his simple app called I Am Rich which costs $1 per download (no joke). There are thousands of other markets out there — so if you have an app idea (and you’re not afraid to be different), give it a shot!
#9 - Become a Virtual Assistant
Best Online Business Ideas
In ten years, online businesses are expected to account for a full one-third of all small business revenue. Virtual assistants help bridge that gap by providing support services to businesses and individuals, who may not have direct access to these services otherwise. Professionals in virtually any field are already making use of virtual assistants—online research analysts, marketing consultants, writers—and with good reason: they're incredibly easy to find, they’re easily scalable (which means they can handle growth when business takes off), and they’re highly professional. You can become a virtual assistant right now with Google Assistant or Amazon’s Zirtual service, among others. In fact, it wouldn't be surprising if you became one before 2022—so start looking into it!
#10 - Sell Private Label Products on Amazon FBA
The Top Online Business in 2022 Amazon FBA (Fulfillment by Amazon) is a way to make money online where you can sell your own products using Amazon's warehouse, shipping, and customer service. In return, they will give you a cut of their sales without charging anything extra. You only pay when you sell a product and when it ships. Most importantly - Amazon makes sure customers get their products fast with Free Shipping! #9 - Buy & Sell Websites: Make Money From The Existing Content Here is an easy business idea that even beginners can do and make a profit from in just a short period. Selling websites allows you to leverage other people’s work or websites that already have traffic.
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