Question

e-commerce

what could be an online business which could be started or already running but notnin everypart of the world( not that famous)?

include business model and cost included.

consider and examine business opportunities online

thanks

Answer 1

Dear Student,

Below are the answer to your question

Introduction

These days, one of the main tools you need to start a business is an internet connection. There are so many different opportunities out there to start businesses online. And in some cases, you don’t even need much more than that connection in order to get your business going.

Online business continues to grow at double-digit rates. According to eMarketer, there was a 24.8% increase in 2017 over the previous year. The global worldwide sales reached $2.304 trillion, with mobile accounting for 58.9% of those sales.

As online business continues to take a bigger chunk of the traditional retail market around the world, this is a good time to get your online business ideas up and running.

This is because 47.3% of the world population is expected to buy online in 2018. And as more people use eCommerce, customers will be looking for new and innovative online business ideas to make the experience even better.

1) Blogger

Blogging is a viable business opportunity that allows you to choose a niche that really suits you. And you can make money through advertising, affiliate links, infoproducts or any number of other avenues

Cost.

Full-Time Blogger Hosting Costs: $5.45/mo

stick to the Choice Plus Plan from Bluehost that'll cost you just $5.45/mo and you'll be good to go for a while as you focus on more important matters

2) Virtual Assistant

Businesses and professionals can often use the help of an assistant to manage tasks like email and social media. And you can offer your services to those clients online as a virtual assistant.

Cost

virtual assistants charge anywhere from $1 to $100 per hour. Sometimes even more. But the sweet spot is generally between $15 and $30 per hour for executive assistant services and $40-$75 per hour for higher level marketing or financial tasks

3) Social Media Manager

If you’re social media savvy, you can offer your services to brands that want help managing their social media accounts on a daily basis.

Cost

Social media freelancer rates can hover around $15-$50 per hour. For more intermediate social media marketers, they can make $50-100 per hour. And an experienced social media manager can make $120+ or much higher.

4) Social Media Consultant

Alternatively, you can simply offer your social media expertise to clients online instead of actually managing the accounts for them.

Cost

This type of service varies widely. New social media consultants typically begin by charging in the $50 – $75 per hour range to help you with perfect solustions

5) eBook Author

If you have a book idea in mind, you can write your own ebook and get it published on online platforms like Amazon.

Cost

The cost of publishing a book varies greatly but self-published authors can expect to spend anywhere from $100-$2500 to publish a book based on additional book production costs like editing, cover design, formatting, and more

6) Online Course Creator

You can also share your knowledge with people online by creating your own courses and selling them on your website or email list.

Cost

Creating an online course can run between $200 at the very minimum to $5500 or more a year depending on the method you choose to create and market it. These cost account for the hosting platform, screen capture software, email service provider, domain names, to advertising cost

7) Handmade Business Owner

Or you could opt to make your own products and set up your own handmade ecommerce store or set up a shop on a platform like Etsy.

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