The 5 Best Most Profitable Online Business Models for 2017
By: Fedora Atjeh | 10/29/2017 08:08:00 PM
When choosing profitable online business models, we usually think of the ones that generate the most money without paying attention to the high expenses that lie behind them. Knowing what business to undertake will not only depend on the benefits you can obtain.
To consider a profitable online business, you should not only look at business ideas, but they should meet certain requirements to be considered profitable online businesses:
1. The Virtual Franchises
Did you know that the world of franchising also has its online version? Well, it is and is one of the most profitable internet businesses for 2017.
As in any franchise, you will have to make an investment. But to be all through the internet and not need a physical establishment, has low investment costs for what are the franchises.
This makes the online version is currently the most profitable franchises.
The rules of operation are the same as with traditional franchises except that you will not need to buy or rent an establishment nor will it be necessary to hire employees.
You can also find many profitable businesses within the online franchises; from online real estate agents to marketing companies and online stores.
That said, the arrival of the internet and its constant evolution, makes virtual franchises a business with a future.
If you decide on virtual franchises as a profitable online business, it is important that before deciding on one, you inform yourself with the companies that interest you to negotiate and see what conditions and benefits they exhibit.
As you do not need physical establishment or employees, they are cheap franchises compared to a traditional franchise.
It continues to be a profitable online business model in times of crisis.
Although the investment costs are lower than in the physical franchises, they are still important. You must inform yourself before deciding on a franchise and how to choose the most suitable one for you.
Here you can take a look at many profitable virtual franchises.
What kind of online franchises can I find?
There are many types of online franchises that you should consider if you want to enter the world of business online.
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While it is true that there are many focused on digital marketing you can find profitable online franchises in more topics such as :
- Real estate agencies
- Travel agency
- Portals on a specific locality
- Classified ad portals
- And many more.
If business is good on the Internet is that they adapt to virtually any subject. And as for digital franchises, it could not be otherwise.
2. Multilevel Online Business
The network of marketing or multilevel marketing is a profitable business model in hierarchical internet that consists of the sale of products or services and increase the profits creating your own network of distributors, which will report a commission for each product that they sell.
The initial investment in online multilevel business is usually low, but the benefits take time to arrive and will be according to the level of your skills as a salesperson and distributor collector.
With the arrival of the internet, this type of business has become more popular since through web pages or blogs you can sell the products and get distributors at the same time.
Very low investment. You can increase your income and even have passive income if you get a broad dealer network.
3. Do Surveys
Making money making surveys online is a profitable business model focused for your free time and not to dedicate it full-time.
It is about carrying out surveys of market studies of different web pages where you will receive a small benefit for each survey carried out.
- Zero investment. You do not need to put money to complete the surveys.
- It is very easy to make them. You do not need training
- Ideal to do in your free time.
4. PTC and Navigation Platforms
Same as in the previous point. This business model focuses on obtaining benefits by browsing certain pages or seeing ads.
It is not a business model that you can live with except in very specific cases, but even so it remains a profitable online business model if you use it in your free time since it does not usually take long.
- Zero investment.
- Perfect to do in your spare time.
- You have enough websites that offer this alternative to earn money.
5. Online Stores
With the arrival of the crisis it is inevitable to see how some stores have closed. But as a counterpart to this, many other online stores have opened and that is that online purchases are booming.
The advantages of having an online store are many that not only make them a very profitable and scalable online business, but it can be perfectly combined with a physical store. Converting online stores into very good online businesses that work.
Imagine having your online store where the establishment costs and the employees are zero. Well this is the case of this business idea online.
- The investment is minimal thanks to the use of specialized platforms to create online stores or ecommerce such as the Woocommerce plugin for WordPress or Prestashop.
- Your customers will not be focused on a specific location as it is with a physical store. You will reach more customers.
- It works very well with a physical store.
- In addition, creating a blog where promoting articles increases conversions a lot.
Conclusions to start profitable online business in 2017
So if your goal is to start a business and work from home online you can see that there are different profitable online business models that can perfectly adapt to your goals and abilities. You should only choose the profitable business ideas that best suit you and the market situation.
In addition, with these 5 business models online you have seen that, although some are more profitable than others, the internet practically allows us to combine many of these models.
The Internet gives us business opportunities that have never been seen before in history. Virtually now anyone can create an online business online by following any of these profitable business models. And many of them with a really low investment.
But if you know how to choose the best business models online, the chances of success will be far higher than that of a traditional business. And much more even if you combine it with marketing promotions in social networks.