2018 can be your year to start that online business you’ve always talked about. New economic opportunities and powerful online marketing platforms combine to make online commerce a very real possibility for new entrepreneurs.
The most difficult part of starting an online business is to decide what type of business to launch in the first place. There are many good choices, each with their own advantages in generating income, reaching new customers, and experiencing growth. This article will provide some great business ideas for would-be online entrepreneurs, helping to ease the process and ushering in new success in the coming years.
Online Business Ideas for Entrepreneurs
Ready to get started supplementing or even replacing your income with new revenue streams? Online commerce can be a great way to do that. Here are some business ideas to help get you started:
Affiliate Marketing
In simple terms, affiliate marketing is a way of generating income by promoting another company’s products or services. Commissions can supplement the income from an existing job, or open new opportunities for entrepreneurs, depending on the types of products promoted and the business partnerships one develops.
Amazon partnerships also make it surprisingly easy to launch an online business venture; by partnering with product manufacturers and marketing their products, you can realize incredible profits. Amazon’s own Associates Program is a great place to get started.
Commercial Inflatables Rental
Think of the last time you went to an outdoor festival or corporate event where children were present. Chances are, those events had inflatable bounce houses or other commercial-grade inflatable products on-site to add enjoyment for young attendees. Around the country, small business owners and entrepreneurs have used bounce house rental businesses as a means of supplementing or even replacing traditional income streams. By purchasing a selection of inflatable bounce houses, water slides, and inflatable interactive products and creating rental contracts, a rental business can be started for surprisingly little financial outlay.
Marketing a new inflatables rental business is easy, too, thanks to social media platforms like Facebook and Twitter. Simply create a business page, then promote it with local organizations and events in your area. In no time, you’ll enjoy the success of new income and new business opportunities.
JungleJumps is happy to help you get started.
Dropshipping Operations
Believe it or not, you can create an online store where you don’t have to do any of the manufacturing, inventory control, or shipping of products. In fact, you don’t even need to spend money on inventory stocks and management, making the cost of entry into this online business surprisingly small.
Dropshipping is a type of retail fulfillment process where the online store sells a product, but it is purchased and shipped from a third-party provider directly to the customer’s door. No longer do you need to keep expensive inventories on hand, purchasing the products needed for each order from a wholesaler or manufacturing partner and delivering them to the customer’s premises when orders are fulfilled.
There are many information sources on the Web to help new entrepreneurs get started in this retail fulfillment environment, and this market sector is experiencing tremendous growth.
