I can certainly appreciate the allure of making a living on the internet with one’s own business. It’s not lost on me that the idea of creating one’s own schedule, having no one to answer to, and working in sweat pants and a t-shirt while sipping a homemade frappuccino is very attractive to a great many people. But these fantasies gloss over the harsh reality that if you pursue any of today’s common online business ideas you should expect to work just as hard, if not harder, than the typical “real-world” business owner. You should also anticipate that you’ll have to deal with problems that are inherent to working on the net.For one thing, it’s my opinion that gaining consumer trust is more difficult for an online business than for a typical real-world business. Take, for example, the case of a deck-building company that is family owned and operated. The owner of that business has the advantage of going to potential customers’ homes for face-to-face estimates that build trust and help to grease the wheels toward a successful sale. If the meeting isn’t enough he can even direct these people to go look at decks that he’s built for others in the neighborhood. These are samples that can be seen and touched with one’s own eyes and hands.Contrast this with an online company that sells handmade furniture, for example. There’s no opportunity for face-to-face meetings with potential customers. Often an email or phone call will suffice but there’s nothing quite like meeting someone in person to help gain their confidence. Likewise, there’s no opportunity for these people to see and touch a real sample of your furniture. Granted, they’ll have pictures on your website to look at and maybe even a video or two but this just doesn’t compare to the real thing. No matter how much you try to build trust with online shoppers there will still be that nagging worry in their mind that when your product shows up on their doorstep it will disappoint. This means that converting online shoppers into actual buyers is a much more costly and time-consuming prospect than for real-world businesses.Another disadvantage to running an online business is that you’re at the mercy of a number of different online services and products. You might be sitting in front of your computer monitor just working and selling product when all of a sudden the company that hosts your ecommerce store is hacked and your site ends up being offline for hours or even days. In this kind of scenario there’s not much you can do except sit on your hands and wait, all the while losing money because your site, the lifeblood of your business, has been reduced to an empty screen.Compare this with the deck-building company which experiences a circular saw malfunction. Obviously they don’t have to sit around and wait for somebody else to come along and fix their saw. Instead they simply drive over to Home Depot and buy a new one. One hour later they’re back to working and making money. They are in greater control of their business and their ability to manage unexpected hiccups.This is not to say that you shouldn’t pursue that great online business idea you’ve been pondering. In some ways an internet-based business offers distinct advantages over a more traditional venture, but it’s not the end-all, be-all that some might have you believe. Running a digital business will require hard work and persistence, but if you can go into it with open eyes and an honest acknowledgment of the challenges then you stand a better chance of ultimate success.
The success of the best online business ideas does not rely on their popularity, contrary to what other people believe. Your commitment and the work you are prepared to put in will determine whether the best online business ideas will be successful.It is up to you to decide whether or not these common income generating online jobs are the best online business ideas for your situation.Online StoresPutting up online stores is one of the best online business ideas for a lot of people. This is because we are all naturally tradesmen. You can surely make money by putting up an online store if you have enough capital to invest in a particular product, and if this product has a significant demand at the time.Online stores are definitely less expensive compared to actual shops. The cost of an online store is a small fraction compared to the money that is needed just to keep up with the rent of a real shop. However, maintaining purely online stores can be quite a challenge. Especially if you are selling clothing, goods or food, you will find that online stores can be pretty limiting.The best thing for you to do is to look for a product that can be sold without being tasted or fitted. It is safe to sell souvenirs like stuffed animals, free size caps, mugs, key chains and accessories online. Competition is the only thing you need to worry about here. You can compete with other online stores only if you can offer competitive prices, quality products or both. Again, this will all depend on how well you have researched your niche market. Your niche market decides your sales pitches, your website design, and your sales approach for you.Article marketingIf you are really more of a writer, and you don’t like selling actual products, you can probably market your talent as a writer instead. Web content writing services are offered by a lot of online firms. If you are in this field, your best shot at making extra income online is to become part of a pool of writers doing article marketing. Website content, ebooks, and opt-in sales copies are what you should be prepared to write. As in any other types of writing, this is all a matter of getting used to it. All you really need in this job is a good handle of the language and ample research skills.Online tutoringWith the rise of the internet, you no longer need to limit your tutoring to your neighborhood or school. Online tutoring is perfect for college students who are trying to earn a little extra money. Companies online are hiring home based tutors who are adept at handling online messaging devices. You can talk to your students over the phone, and teach them how to do math or understand science better during your free time. All you really need to have for this job are good communication skills. Since you will be teaching high school or middle school kids, this job should be a breeze. It simply involves brushing up on knowledge you already possess. Electronic textbooks for you to follow as well will be provided by the companies.Remember that success with these online business ideas will be determined by the commitment and hard work that you are prepared to put in on a consistent daily basis.