25 online businesses ideas that actually work in 2023

FreelanceCategory
23 min read
Adem Asha

In today's fast-paced digital world, the allure of starting an online business has never been greater. The ability to work from anywhere, cater to a global audience, and enjoy the flexibility of being your own boss are just a few of the many reasons aspiring entrepreneurs are exploring online business ideas. However, with so many possibilities at your fingertips, choosing the right online business idea can feel like a daunting task.

Don’t fret, we’re here to help.

In this guide, we've compiled a list of 25 diverse online business ideas that cater to a variety of interests and skill sets. Whether you're a seasoned professional looking to transition into the online space, or a budding entrepreneur looking for the perfect opportunity, these ideas will inspire you to take the leap and start building your ideal online business right away.

25 online business ideas that you can start today

Here are the 25 online business ideas that we’re going to cover:

Operate-online-community-management

  1. Provide content editing.
  2. Launch dropshipping business.
  3. Develop an ecommerce store.
  4. Produce podcasts.
  5. Offer translation services.
  6. Construct niche websites.
  7. Revamp and update websites.
  8. Sell handmade products.
  9. Design a training program.
  10. Create a YouTube channel.
  11. Provide ghostwriting services.
  12. Do voiceover work.
  13. Stream videogames.
  14. Sell 3D-printed items.
  15. Offer social media management.
  16. Become a freelancer.
  17. Curate subscription box service.
  18. Buy and sell domain names.
  19. Provide accounting services.
  20. Offer travel planning services.
  21. Do resume writing.
  22. Become a life coach.
  23. Teach online classes.
  24. Provide technical support.
  25. Operate online community management.

Ready? Let’s go.#Provide-technical-support

1. Provide content editing

With the rise of AI-generated content, the need for careful and thorough content editors continues to grow, which makes content editing one of the best online business ideas that is going to be in high demand.

  • What it involves: Content editors spruce up content, fact-check, give content suggestions, and optimize WordPress blog posts as well as correct grammar and punctuation. They also explain writing ideas in simple terms for non-writers.
  • Skills needed: Writing, copy editing, and proofreading experience. Strong attention to detail.
  • Equipment required: A computer and reliable internet connection.

Content editing can be a profitable side hustle. You could offer your services to bloggers, businesses, and anyone else who needs their content polished.

2. Launch dropshipping business

Dropshipping is next on our list of the best online business ideas to get started in ecommerce without having to manage your own inventory. It's similar to affiliate marketing, where you promote other companies' products and earn a commission for each sale made through your referral.

According to GoDaddy’s Small Business Survey, around 20% of businesses earn “more than 60%” revenue from online channels such as marketplaces (21%), marketing tools (19%), and online store/ecommerce (17%). This shows the potential profitability of an online dropshipping business.

  • What it involves: Dropshippers operate an online store, selling products without holding inventory or handling the shipping process. They partner with suppliers who fulfill orders on their behalf, allowing the dropshippers to focus on marketing and customer service.
  • Skills needed: Ability to identify a profitable market segment. Create a strong marketing plan. Source reliable suppliers. Provide solid customer service.
  • Equipment required: A computer, reliable internet connection, and dropshipping website.

3. Develop an ecommerce store

If you’d rather sell your own products online instead of dropshipping, opening your own ecommerce store would be the next logical step for your startup.

  • What it involves: Ecommerce website operators need to effectively manage their online platforms, manage product inventory, and ensure a seamless customer experience. Additionally, they must implement strategic marketing and customer service efforts to drive sales, build customer loyalty and maintain a strong online presence.
  • Skills needed: Skilled in digital marketing, including SEO, email campaigns, and social media to promote their store. Web design and development skills. Ability to conduct product research and inventory management to identify profitable items and maintain accurate stock levels.
  • Equipment required: A computer, reliable internet, and an online store builder.
Person taping custom packing tape to a small box

If you have certifications in web development or digital marketing, you could leverage those skills to develop an ecommerce store.

4. Produce podcasts

Podcasts continue to grow in popularity and, with a relatively low barrier to entry making it one of the best online business ideas out there, the possibilities are numerous.

  • What it involves: Podcasters create and distribute episodic digital audio content, often focusing on specific topics or themes, engaging listeners through storytelling, interviews or discussions. They also manage the technical aspects of recording, editing and promoting their podcasts, building an audience and fostering a sense of community among their listeners.
  • Skills needed: Strong communication and storytelling skills. The ability to engage and connect with their audience through compelling content. Must have technical proficiency in audio recording, editing, and publishing software. Marketing skills to promote their podcast.
  • Equipment required: Quality microphone, headphones, recording software, camera (if doing video), computer, strong internet connection.

Producing podcasts is a great way to share your knowledge and insights. If you have skills in copywriting, you could also offer to write scripts for other podcasters.

5. Offer translation services

Language translation is a specialized field, but is one that can be easily performed online. It's a great online business idea that many global business owners need.

Translation services are in high demand for businesses that sell online on international platforms like eBay

  • What it involves: A language translator converts written text from one language to another, ensuring that the meaning, style and tone of the original content are accurately preserved.
  • Skills needed: Possess a deep understanding of the source and target languages, as well as cultural nuances. Strong grasp of grammar and syntax. The ability to accurately convey meaning and tone.
  • Equipment required: A computer and reliable internet connection.

6. Construct niche websites

Multiple computers on a light-toned wood desk

Niche websites are websites intended to cater to a small segment of a large market by focusing on a specific interest.

If you have skills in web development or app development, you could consider building niche websites, ecommerce sites, or apps that cater to a specific audience.

  • What it involves: A niche website developer designs and builds websites that target a specific audience with a shared interest in a particular subject. They create user-friendly and engaging content, ensuring the site's layout and features effectively address the unique needs and preferences of the niche market.
  • Skills needed: Strong web development skills. Keen understanding of user experience and interface design. Deep knowledge of the targeted niche market. Ability to create engaging, audience-specific content that resonates with users.
  • Equipment required: A computer and reliable internet connection.

Make your client’s experience unmatched with reliable web hosting from GoDaddy.

7. Revamp and update websites

The internet has been around for a long while and older web technologies are rapidly becoming outdated. Offering web redesign services is a valuable online business idea.

  • What it involves: This job is similar to the previous listing, but someone providing website update services will need to assess the current site's layout, user interface, and overall design to identify areas that require improvement or modernization. They will then create and implement a refreshed design that adheres to the latest web design trends and meets the specific goals and objectives of the website owner or business.
  • Skills needed: Strong web development skills. Keen understanding of modern user experience and interface design. Ability to combine modern web design standards with the needs of the website owner. Detailed knowledge of how to bring old content up to current standards.
  • Equipment required: A computer and reliable internet connection.

Note: Need a logo for an updated website? GoDaddy’s free logo maker has you covered.

8. Sell handmade products

Selling handmade products online can be a profitable business model. If you have a talent for crafts, you could turn your hobby into an online business generating a lot of money.

  • What it involves: A crafter creates handmade items, such as jewelry, clothing, home decor, or artwork, by utilizing their artistic skills and various materials. They earn a living by selling these unique products through various channels, such as online shops and craft fairs.
  • Skills needed: Strong digital marketing skills, including photography, search engine optimization (SEO) and social media management. Quality customer service. Skills either with web design or familiarity with marketplace platforms like Etsy, Amazon or Instagram Shopping.
  • Equipment required: A computer, reliable internet connection, and crafting materials specific to their specialty.

9. Design a training program

Online skills training courses remain a strong demand and, if you have extensive knowledge on a topic, you can turn that knowledge into an online business.

If you have extensive knowledge in a particular field, such as running an ecommerce business, you could design a training program to share your expertise with others.

  • What it involves: Virtual trainers design and deliver educational content through digital platforms, typically in a video or audio format. Typically done via a static online course that users pay to access, but can also be live.
  • Skills needed: Strong communication skills to effectively train viewers on complex topics in an understandable way. Proficiency in using various online training tools and technologies. Excellent time management and organizational skills to plan lessons and create relevant training courses.
  • Equipment required: A computer and a reliable internet connection, as well as access to a digital learning platform, such as Udemy or Skillshare.

Editor’s note: Designing a training program can be a good source of passive income. Once you've created the course, you can continue to sell it with little maintenance.

10. Create a YouTube channel

YouTube is a popular video-sharing platform that allows users to upload, view, rate, share and comment on a wide variety of user-generated content, ranging from entertainment and tutorial videos to music and live streams.

Person hiding their face behind a clapperboard

Creating a YouTube channel can help you reach potential customers. You could create content related to your own business or industry to attract viewers. Or you could even become an influencer in your niche.

  • What it involves: A YouTube creator produces edits and uploads video content on the YouTube platform, often focusing on specific topics, interests or niches. YouTubers aim to grow their subscriber base, increase views and potentially earn revenue through ads, sponsorships, or merchandising.
  • Skills needed: Strong storytelling and communication skills to create engaging, relatable content that resonates with their target audience. Solid video editing and production skills. Keen understanding of social media and digital marketing strategies to promote their channel and grow their viewership.
  • Equipment required: Quality video camera, studio lighting, microphone, editing software, a computer, and a strong internet connection.

11. Provide ghostwriting services

Self-publishing is exploding in popularity and, along with it, the demand for skilled ghostwriters has grown as well.

Ghostwriting can be a lucrative full-time job. As a ghostwriter, you could write content for various industries, including real estate. This could involve writing blog posts, articles, or even property descriptions.

  • What it involves: Ghostwriters create written content (articles, books, speeches, etc.) on behalf of another person, often without receiving public credit for their work. They collaborate closely with clients to ensure the final product reflects the desired tone and message.
  • Skills needed: Impeccable writing skills, strong grammar, punctuation, and storytelling abilities. Ability to adapt to different writing styles and tones to accurately convey the client's voice. Excellent research skills.
  • Equipment required: A computer and a reliable internet connection.

12. Do voiceover work

For those with strong acting backgrounds, voiceover work, and voice acting continues to be a solid work option.

  • What it involves: Voiceover artists provide the spoken narration or character voices for various media projects, such as commercials, films, video games, and animations. They use their vocal talents and acting skills to convey emotions and personality to a script.
  • Skills needed: Exceptional vocal control and versatility to alter pitch, tone, and accent. Strong acting skills. Good enunciation. Ability to interpret scripts and take direction.
  • Equipment required: Quality microphone, headphones, recording software, camera (if doing video), computer, strong internet connection.

13. Stream video games

Pile of audio equipment in a room lit by blue LED lights

Streaming video games started as a niche form of entertainment but continues to grow in popularity, especially around esports competitions and noteworthy personalities. It is definitely a great online business idea worth discovering.

  • What it involves: Video game streamers broadcast themselves playing video games live on platforms like Twitch or YouTube Gaming, providing entertainment and commentary to their viewers. They engage with their audience through chat interactions and often monetize their content through donations, subscriptions, sponsorships and advertising revenue.
  • Skills needed: Strong communication and entertainment skills, enabling them to captivate and engage their audience through commentary, humor, and personality. Solid understanding of the streaming platforms. Technical expertise in troubleshooting issues. Social media savvy to promote their channel and build a loyal community.
  • Equipment required: Quality microphone, headphones, streaming software, camera, a computer able to handle simultaneous gaming and streaming, and a strong internet connection.

14. Sell 3D-printed items

3D printers are becoming increasingly accessible to the public, allowing small business owners to create custom 3-dimensional products.

  • What it involves: A 3D printer crafter designs and creates unique objects, such as figurines, sculptures, or functional items, using 3D modeling software and a 3D printer. They may sell their creations online or at craft fairs, or provide custom 3D printing services to clients seeking personalized designs and products.
  • Skills needed: Proficiency in 3D modeling software to design and prepare digital files for printing. Thorough understanding of 3D printer operation, maintenance, and materials. Strong entrepreneurial skills, including marketing and customer service.
  • Equipment required: Quality 3D printer, 3D modeling software, print materials, and a computer.

15. Offer social media management

Social media management is a crucial aspect of any business's marketing strategy. If you have skills in social media marketing, you could offer your services to businesses looking to improve their online presence.

GoDaddy’s Small Business Survey reveals that 49% of businesses sell through a social media platform like Facebook or Instagram, 90% of businesses that promote on social media have promoted on Facebook and 73% have promoted on Instagram. This highlights the importance of effective social media management for businesses.

  • What it involves: A social media manager is responsible for creating, curating and managing content across various social media platforms to enhance a brand's online presence and engage with its audience. They also analyze performance metrics and develop strategies based on those metrics to increase engagement for the brand.
  • Skills needed: Strong communication and writing skills to create compelling content that resonates with the target audience. Deep understanding of each social media platform's algorithms and best practices. Highly organized, creative and analytical, with the ability to multitask and adapt to the ever-changing digital landscape.
  • Equipment required: A computer and a reliable internet connection.

Note: Interested in creating videos for social media? GoDaddy’s online video editor can help you out.

16. Become a freelancer

Freelancing offers a lot of flexibility and the ability to choose the type of work you want to do. You could offer services based on your skills that you can sell online, such as writing, graphic design, SEO consultant, website designer, or even working as a virtual assistant.

You could post your offerings on platforms like Upwork, fiver, freelancer, or Toptal.

According to GoDaddy’s Small Business Survey, 64% of businesses acquire “up to 30%” of their customers through online channels, with 11% acquiring “more than 70%” of their customers using online channels. This shows the potential reach and customer base that freelancers can tap into.

  • What it involves: A general freelancer offers their expertise and skills in various fields such as writing, graphic design, web development, or marketing on a project-based or contractual basis, allowing them to work with multiple clients simultaneously.
  • Skills needed: Excellent time management and organizational skills to handle multiple projects and meet deadlines. Exceptional communication abilities to build rapport with clients and understand their requirements. Self-motivated, adaptable and continuously focused on developing their expertise in their specific field to stay competitive and relevant in the ever-evolving market.
  • Equipment required: A computer and a reliable internet connection.

Becoming a freelancer requires a low startup cost. Just a laptop and an internet connection.

Related: Freelance challenges: What are they and how can you overcome them?

17. Curate subscription box service

Curating a subscription box service can be a fun and profitable business. It's a great online business idea for beginners, as it doesn't require a lot of upfront investment.

  • What it involves: Creating a subscription box service involves carefully curating and sourcing unique, high-quality products tailored to a specific niche, and designing appealing and functional packaging that reflects your brand identity. Additionally, you would need to develop a robust marketing strategy, manage inventory and logistics, establish pricing and billing structures, and provide excellent customer service to maintain subscriber satisfaction and retention.
  • Skills needed: Project management and organizational skills to oversee product quality and sourcing. Creative and strategic thinking abilities to curate appealing boxes. Excellent customer service and relationship-building skills to foster loyalty and ensure subscriber satisfaction.
  • Equipment required: A computer and a reliable internet connection.

Note: Your subscription box service will need a website. Create a website using GoDaddy’s Website Builder.

18. Buy and sell domain names

If you’re unfamiliar with this particular field, domain investing, also known as domain flipping or domain trading, is the practice of buying domain names to hold onto them or improve their value and later sell them at a profit.

  • What it involves: A domain investor strategically identifies and registers potentially valuable domain names, anticipating future demand for these web addresses based on trends, keywords, or industry relevance. They then hold onto or improve the domains and eventually sell them at a higher price to interested parties, generating profit from the increased value of the domain names.
  • Skills needed: Superb analytical skills to identify valuable and potentially profitable domain names. Excellent negotiation and marketing abilities to sell or lease those domains at the best possible price. Deep understanding of market trends and consumer behavior within the digital landscape to make informed decisions and maximize their investment returns.
  • Equipment required: A computer and a reliable internet connection.

Buying and selling domain names is one of the best online business ideas for those who have a knack for spotting valuable domain names.

Editor’s note: it is always a good idea to check the value of a domain name before purchasing it, the GoDaddy Domain value and appraisal tool does just that.

19. Provide accounting services

Two people reviewing a notebook and laptop on a long table

Are you an accountant by trade and want to be your own boss? Freelance accounting would be a great fit.

  • What it involves: A freelance accountant provides professional accounting services to clients on an individual or contractual basis, without being tied to a single employer or company. Their responsibilities may include financial reporting, tax preparation, bookkeeping, and financial analysis, allowing businesses and individuals to maintain accurate financial records and make informed financial decisions.
  • Skills needed: Exemplary analytical and organizational skills to accurately maintain and analyze financial records. Understanding of accounting principles, tax regulations and financial management. Excellent communication and interpersonal skills to effectively convey financial information and advice to clients, and adapt to the varying needs of different businesses and industries. CPA license will also likely be required.
  • Equipment required: A computer and a reliable internet connection.

If you're a certified accountant, you could provide accounting services to businesses. You could also offer additional services like email marketing to help businesses grow.

20. Offer travel planning services

Travel is booming in 2023 and more travel planners are a necessity. If you’re a seasoned traveler, why not offer travel planning services?

  • What it involves: Travel planners, also known as travel agents or travel consultants, assist clients in planning, organizing, and booking various aspects of their trips, including transportation, accommodations and activities. They leverage their expertise in the travel industry and destination knowledge to create personalized itineraries, provide travel advice and ensure a seamless and enjoyable travel experience for their clients.
  • Skills needed: Organizational and multitasking skills to manage multiple clients and bookings simultaneously. Strong attention to detail to ensure all trip components are arranged accurately and efficiently. Exceptional interpersonal and communication skills to build rapport with clients, understand their travel preferences and effectively convey relevant information and recommendations.
  • Equipment required: A computer and a reliable internet connection.

It is a good idea to create a travel blog to document your activities for people to read and enjoy.

21. Do resume writing

Resume writing is a valuable service that many job seekers need. You could also offer to optimize LinkedIn profiles to increase your clients' chances of getting hired.

  • What it involves: A freelance resume writer specializes in crafting, editing and optimizing resumes for clients to effectively showcase their skills and achievements in a compelling manner. They work closely with clients to understand their career goals, tailor their resumes for specific industries or job opportunities, and provide guidance on best practices for resume writing and formatting to increase the likelihood of securing job interviews.
  • Skills needed: Strong writing and editing skills to accurately and creatively present a client's professional background. Deep understanding of current recruitment trends and hiring practices to ensure the resume aligns with industry expectations. Excellent communication and interpersonal skills to effectively collaborate with clients, gather relevant information and provide constructive feedback throughout the resume development process.
  • Equipment required: A computer and a reliable internet connection.

22. Become a life coach

If your strength is motivating others, the coaching field is in-demand and likely a perfect match for your skills.

Becoming a life coach can be a rewarding new business. You could help people achieve their personal and professional goals. You could offer one-on-one sessions, group sessions, or even webinars to reach a larger audience.

  • What it involves: A life coach is a professional who helps individuals identify their personal and professional goals, overcome obstacles and develop strategies to improve various aspects of their lives. Through guidance and support, life coaches assist clients in building self-awareness, fostering personal growth, and achieving desired outcomes in areas such as relationships, career, health, and overall well-being.
  • Skills needed: Active listening and communication skills to understand clients' needs, challenges, and aspirations, while providing thoughtful feedback and guidance. Excellent interpersonal and empathetic abilities to establish trust and foster a supportive environment.
  • Equipment required: A computer, a web camera for remote sessions, and a reliable internet connection.

Note: It’s a good idea to keep your personal and professional phone numbers separate to accommodate clients. Get a second phone number to use for your coaching business to separate it from your personal one.

23. Teach online classes

A mug resting next to a laptop with the screen full of Zoom thumbnails

Chances are, you have some existing knowledge you can package up and sell as an online course. The online education industry is projected to grow to $325 billion by 2025. There’s enough room to make a name for yourself in this space and start a mini work-from-home business.

  • What it involves: An online teacher delivers educational instruction and support to students through virtual platforms, utilizing digital tools and resources to facilitate learning and engagement. They create lesson plans, assess student progress, provide feedback and adapt their teaching methods to accommodate different learning styles and needs in a remote setting.
  • Skills needed: Strong communication and presentation skills to effectively convey information and concepts through digital mediums. Ability to utilize technology and online teaching tools to enhance the learning experience. Excellent time management, organization, and adaptability skills to meet the unique challenges and demands of virtual education.
  • Equipment required: A computer, a web camera for remote sessions and a reliable internet connection.

Studies show that there will be an increase in demand for private tutoring because of the effects of the pandemic and homeschooling.

If you're an expert in a particular field, you could teach online classes. For example, if you're a successful blogger, you could teach a class on how to start a blog.

24. Provide technical support

As long as technology continues to grow and develop, there will be a need for technical support.

If you have the know-how, providing technical support can be a profitable online business. You could offer support for a variety of tech products, from software to hardware.

  • What it involves: Freelance technical support professionals provide remote assistance and troubleshooting services for clients experiencing issues with their hardware, software, or network systems. They diagnose and resolve technical problems, offer guidance on best practices and may also assist in system maintenance, updates, and configurations to ensure optimal performance and user satisfaction.
  • Skills needed: Advanced problem-solving and analytical skills to efficiently diagnose and resolve a wide range of technical issues, as well as in-depth knowledge of various hardware, software and network systems. Strong communication and customer service skills to effectively interact with clients, explain complex technical concepts in layman's terms and provide clear guidance and support.
  • Equipment required: A computer and a reliable internet connection.

25. Operate online community management

Operating online community management is a great online businesses ideas if you like to engage with a specific audience. You could manage communities on various platforms, or even on your own website

  • What it involves: An online community manager is responsible for overseeing, engaging with, and growing an online community on behalf of a brand, organization or client. Their duties typically include creating and curating content, moderating discussions, responding to community members' questions and concerns, monitoring community sentiment, and implementing strategies to foster a positive and active community environment, all while working remotely.
  • Skills needed: Excellent communication and interpersonal skills to effectively engage with diverse community members, address their concerns and foster a sense of belonging within the community. Organizational skills and a keen understanding of social media platforms, analytics and content creation to strategically manage and grow the online community in alignment with the brand or organization's goals.
  • Equipment required: A computer and a reliable internet connection.

Tips for converting an online business ideas into an online business

Starting an online business can be both an exhilarating and challenging endeavor. If you’re interested in getting started, here are some quick tips to get you rolling:

  • Choose a business idea based on passion and knowledge
  • Identify a niche with gaps in the marketplace
  • Conduct market research and competitive analysis
  • Familiarize yourself with relevant laws and regulations
  • Decide on a suitable legal structure
  • Insure your business
  • Select appropriate software for your business venture
  • Develop a comprehensive marketing strategy

By following these steps, you will be well on your way to establishing a thriving online business.

Online business ideas: conclusion

As this list of online business ideas shows, 2023 offers many opportunities for aspiring entrepreneurs to establish successful online businesses. There's something for everyone, with a wide range of professional interests and skill sets. And once you have an idea in mind, you can learn how to write a business plan and initiate a strategy geared for success.

So, by identifying the right niche, honing the necessary skills, and leveraging the power of the internet, you too can build a thriving online business and enjoy the flexibility and freedom that come with it.

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