27 Low Cost and Easy Online Business Ideas that Make Money

Are you looking for online business ideas that actually make money? You‘re not alone. In today‘s digital age, more and more people are seeking ways to earn income online, gain freedom from the 9-5 grind, and take control of their financial future.

The good news is that thanks to tools like WordPress, it‘s easier than ever to start your own online business with minimal startup costs. But the key is to choose the right business model to set yourself up for success.

As a WordPress expert and experienced online entrepreneur, I‘ve seen firsthand which online businesses really have profit potential. In this post, I‘ve compiled my top 27 proven and easy to start online business ideas that can help you make serious money in 2023 and beyond.

While these businesses leverage the power of the internet to reach customers, they still require real work and dedication to get off the ground. These aren‘t "get rich quick schemes" – they are legitimate business opportunities that you can start today with effort and consistency. Let‘s dive in!

1. Start a Blog

It should come as no surprise that starting a blog tops the list of online business ideas. After all, it‘s how I got my start as an online entrepreneur way back in [year] – and I‘ve never looked back!

With a blog, you have the freedom to write about a topic you‘re passionate about while building a loyal audience and generating multiple income streams. Some key benefits of blogging as a business:

  • Very low startup costs – all you need is a domain name and web hosting
  • Flexibility to set your own schedule and work from anywhere
  • Ability to scale your income through strategies like affiliate marketing, online courses, sponsorships, and more
  • Opportunity to build a personal brand and establish yourself as an expert in your niche

Consider these statistics on the power of blogging:

  • 77% of internet users read blogs regularly (source)
  • Businesses that blog get 55% more website visitors than those that don‘t (source)
  • The average blogger earns $37,073 per year – but top bloggers can earn much more (source)

So how do you get started blogging? Here‘s a quick-start guide:

  1. Determine your niche and ideal target reader
  2. Choose a memorable domain name and set up WordPress web hosting (I recommend Bluehost for beginners)
  3. Install WordPress and choose a theme to give your site a professional design
  4. Create a content strategy and start writing valuable blog posts on a consistent schedule
  5. Focus on building your email list from day one to own your audience
  6. Promote your content on social media and start driving traffic to your blog
  7. Implement monetization strategies like display ads, affiliate marketing, sponsored content, and digital product sales as you grow your audience

Ready to start your blogging journey? Check out my free guide: How to Start a Profitable Blog in 7 Steps

2. Become an Affiliate Marketer

Affiliate marketing is one of the most popular ways to make money from a blog or website. And it‘s easy to see why – as an affiliate marketer, you can earn commission by promoting other people‘s products or services. It‘s a simple way to get started making money online without creating your own products.

How does affiliate marketing work? When you sign up as an affiliate for a company, you‘ll receive a unique link to promote their product or service on your website or social media channels. When someone clicks your link and makes a purchase, you‘ll earn a percentage of the sale.

For example, if you run a blog about hiking and camping, you could become an affiliate for outdoor gear retailers like REI or Backcountry. You can then recommend products like hiking boots, backpacks, and tents to your readers and earn a commission on any resulting sales.

Some affiliate marketing stats to consider:

  • 81% of brands and 84% of publishers rely on affiliate marketing (source)
  • Affiliate marketing spending is projected to reach $8.2 billion by 2022 (source)
  • The average commission rate is between 5-30% (source)

Tips for success with affiliate marketing:

  • Choose products that are highly relevant to your niche and audience
  • Only recommend products that you‘ve personally used or truly believe in
  • Create detailed product reviews, tutorials, and comparison guides to drive purchases
  • Disclose your affiliate relationships to maintain trust with your audience
  • Diversify your affiliate partnerships so you‘re not reliant on a single revenue source

Want to dive deeper into affiliate marketing? Check out my comprehensive guide: Affiliate Marketing for Beginners: How to Make Your First $1,000

3. Sell Online Courses

If you have expertise on a particular topic, why not package that knowledge into an online course and sell it to others looking to learn? With the explosive growth of online learning, there‘s never been a better time to become a course creator.

Creating an online course allows you to share your skills with a global audience and generate passive income. Some ideas for profitable course topics include:

  • Language learning
  • Music or art instruction
  • Marketing and business skills
  • Personal development and self-improvement
  • Technology and software tutorials
  • Health, fitness, and nutrition guidance
  • Hobby-related skills like photography or gardening

The potential earnings from online courses are significant:

  • The e-learning market is projected to grow to $325 billion by 2025 (source)
  • The average price of an online course is $177 (source)
  • Many top course creators earn six or even seven-figures per year from their courses

To create and sell your own online course, follow these steps:

  1. Validate your course idea by surveying your target audience and analyzing competitors
  2. Outline your course content and structure
  3. Choose an online course platform to host and deliver your course (I recommend Teachable or Thinkific)
  4. Create your course content, including videos, quizzes, worksheets, and other resources
  5. Develop a sales page and marketing plan to enroll students
  6. Regularly update and improve your course based on student feedback

Want more guidance on creating and selling online courses? Enroll in my program: Online Course Masters: How to Create and Sell Your First Course

4. Start an Ecommerce Store

Ecommerce is booming, and for good reason – it‘s incredibly convenient to shop online and have products delivered right to your doorstep. As an ecommerce business owner, you can tap into this growing market and sell physical or digital products to customers around the globe.

One of the best parts about starting an ecommerce business is that you don‘t necessarily need to create your own products. With dropshipping, you can sell products from a supplier and have them handle the inventory and shipping for you. This allows you to start an online store with very little upfront cost or risk.

Some inspiring ecommerce stats:

  • Ecommerce sales are expected to reach $4.9 trillion by 2023 (source)
  • 69% of Americans have shopped online, and that number continues to grow (source)
  • The average ecommerce conversion rate is 2.58% (source)

Tips for starting a successful ecommerce business:

  • Find a profitable niche with proven demand
  • Source high-quality products from reliable suppliers
  • Invest in professional product photos and persuasive copywriting
  • Choose a user-friendly ecommerce platform like Shopify or WooCommerce
  • Create a memorable brand that resonates with your target audience
  • Diversify your marketing strategy to include tactics like social media ads, influencer partnerships, and content marketing

Want to learn how to start your own ecommerce empire? Grab my free eBook: The Beginner‘s Guide to Building a Profitable Online Store

5. Become a Freelance Writer

Do you have a way with words? As a freelance writer, you can get paid to craft compelling content for blogs, websites, magazines, and more. It‘s a flexible way to make money online while expressing your creativity.

The key to succeeding as a freelance writer is to specialize in a particular niche or type of writing. This could be anything from writing sales copy for tech startups to penning in-depth articles on personal finance. By niching down, you can establish your expertise, build a strong portfolio, and command higher rates.

Some eye-opening stats on the potential of freelance writing:

  • The average freelance writer earns $63,488 per year (source)
  • Content marketing is a $400 billion industry (source)
  • Businesses that use content marketing see 6 times more conversions than those that don‘t (source)

Ready to kickstart your freelance writing career? Follow these steps:

  1. Determine your writing niche and ideal client
  2. Create writing samples to showcase your abilities
  3. Set up a professional website and online portfolio
  4. Determine your rates and create service packages
  5. Start pitching your services to businesses and publications in your niche
  6. Deliver high-quality work and build positive client relationships to gain referrals and testimonials

For more advice on succeeding as a freelance writer, check out my go-to resource: The Freelance Writer‘s Playbook

6. Offer Web Design and Development Services

In our digital world, every business needs a website – but not everyone has the skills to build one themselves. As a web designer or developer, you can help bring brands online and create essential digital tools like ecommerce stores, mobile apps, and WordPress plugins.

Web development is a highly lucrative field, with many freelancers and agencies charging premium rates for their services. And thanks to content management systems like WordPress, getting started designing websites is more accessible than ever before.

Some stats that speak to the opportunity in web design and development:

  • There are over 1.8 billion websites on the internet (source)
  • 28% of small businesses still don‘t have a website (source)
  • The average web developer salary is $73,760 per year (source)

How to start offering web design and development services:

  1. Learn essential coding skills like HTML, CSS, JavaScript and PHP
  2. Get familiar with popular website platforms like WordPress, Shopify, and Squarespace
  3. Develop a portfolio of sample websites to demonstrate your skills
  4. Determine your niche and ideal client (small businesses, nonprofits, ecommerce stores, etc.)
  5. Set your pricing and create your web design packages
  6. Start marketing your services through freelance platforms, job boards, and your own website

Ready to turn your tech skills into a profitable online business? Download my free checklist: 10 Steps to Becoming a Successful Web Developer

More Ideas to Help You Make Money Online

We‘re just scratching the surface of online business ideas! Here are 21 more options to explore:

  1. Become a virtual assistant
  2. Offer social media management services
  3. Create and sell handmade goods on Etsy
  4. Become an Instagram influencer
  5. Start a YouTube channel
  6. Launch a podcast
  7. Offer graphic design services
  8. Write and sell eBooks on Amazon Kindle
  9. Create a membership site or online community
  10. Offer SEO consulting services
  11. Become an online tutor or teacher
  12. Flip websites or domain names for profit
  13. Offer video editing services
  14. Start an online print-on-demand business
  15. Become a remote customer service representative
  16. Offer virtual event planning services
  17. Create and sell stock photos or videos
  18. Start a subscription box business
  19. Become an online dating consultant
  20. Offer translation services
  21. Create and sell WordPress themes or plugins

The beauty of online business is that there are endless opportunities to monetize your skills and passions. Whether you love to write, design, code, teach, or create, there‘s an online business idea out there for you.

But here‘s the key takeaway I want to leave you with: The only way to succeed with an online business is to take consistent action towards your goals.

It‘s easy to get caught up in analysis paralysis when starting an online business. But the most successful online entrepreneurs don‘t wait for the "perfect" idea or the "right" time. They choose an idea that aligns with their skills and interests, and they run with it. They put in the hard work of building their audience, creating valuable content or products, and marketing their business day in and day out.

So if you‘re ready to start your own profitable online business in 2023, my advice is to choose one of these proven ideas and go all in. Invest in learning the necessary skills, put yourself out there, and stay committed to your vision. With dedication and persistence, you can build an online business that gives you the freedom and fulfillment you deserve.

To your success,

[Your Name]

P.S. If you‘re looking for more support and guidance on your online business journey, be sure to subscribe to my email newsletter. Each week, I share my best tips and strategies for growing a profitable online business, plus behind-the-scenes insights from my own entrepreneurial adventures. Click here to join my VIP email list for online entrepreneurs.

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