Best Online Business To Start in 2024
Today I’m going to share with you a real online business idea that has the potential to take you from $0 to $1000/month.
But Remember this is not a get-rich scheme…nor will you be able to make money with no work.
This is a real, effective yet easy online business that is on the rise now and if you follow the exact steps mentioned here…you could create a good passive income source to boost your earnings…
let’s get started
Your Roadmap to Going From $0 to $1000/Month Passive Income
Digital products are the best-selling products online and the most amazing thing about selling digital products is…you have to create it just one and then you can sell them as many times as you want.
No inventory, no shipping only earning and that is exactly what this business idea is…here we will be setting up a profitable online business selling digital products.
Step 1
Select the digital product you wanna sell. It could be things like Canva Templates, Notion Templates, Art, Printables, Ebooks, Planners…
Of course, the list is endless but these mentioned are the ones I know that are selling the most online.
Don’t worry creating these digital products is really easy and I’m gonna make the process really effortless for you.
Let’s know more about these digital products in detail. Don’t worry I won’t just leave you at the mercy of luck.
Once we break down how you can create and sell these digital products we will also be going through how to sell them, where to sell them, and most importantly how to get sales.
Notion templates
From my experience notion templates are the best and the most selling digital product on this list and the thing is you can charge from anywhere $5 to $480 for notion templates.
I’m sure you might be thinking that I’m exaggerating or just throwing in numbers…I’m not!
I saw this on Pinterest and trust me I was shocked too.
But that doesn’t mean you charge anything you want for simple notion templates.
The price of the template should be according to the ease, efficiency, and benefit of the notion templates.
If you are selling basic daily planners, health trackers, etc…you can charge anywhere from $3-20 for these…and guess what you’ve to create just one and in bulk, even these are enough to make good passive income for you.
Here is a notion tutorial and the database for you to get an idea about the different types of notion templates you can create.
And if you want to know how to create the best notion templates to sell online to make passive income…then do check this in-depth step-by-step tutorial…and trust after this you’ll know how to build a successful online business selling notion templates.
Canva templates
Canva is a freemium tool and this is one of the most trusted and popular tools among content creators…even though creating graphics on Canva is really easy but feel are often short on time and would love a ready-to template that would make their work easy.
and if you could create and sell these Canva templates… earning good passive income will be effortless for you.
Want to know how to create these Canva templates go ahead and read this in-depth article
Sell art online
With the release of AI, the demand for captivating digital art is at an all-time high.
There are so many ways for you to sell art online.
You can sell them as stock photos, you can sell them as printables/wall art/posters, or use them to create merchandise using print on demand.
The opportunities are endless and the best thing is with AI creating art is just a click away.
Here are some of the best AI art generators aka AI image creators that I personally use to create AI art.
AI Unlimited – as the name suggests you can create unlimited ai images/art for free with just one small 1-time payment.
Graphic Factory – Best Text-Image Graphic Creator
Ideogram – the best free AI tool to create designs for print-on-demand
Ebooks
ebooks are another great digital product to make passive income and with ebooks, you can as high as you want given your ebook is of high quality.
With these ebooks you can also upsell any other high-ticket product or services…let me tell you ebook…SELLS
The demand for ebooks has risen significantly in the last couple of years…people no longer have the liberty to read a physical book.
They are often on the run and would love a digital copy that they can read while they are on the go – like traveling, waiting, or chilling.
and creating these ebooks is quite fun too.
If you are passionate about something, if you have valuable knowledge about a particular topic… share it with the world and make income as well.
and if you a noob and don’t know anything that special or don’t wanna go through the hassle of creating your own ebook…don’t worry ai is here for the rescue.
There are tons of creating AI tools that would create high-quality ebooks for you in seconds based on the topic you provide.
But still heads up…no matter how amazing the AI tools are PLEASE READ BEFORE SELLING.
Here are some AI tools that I know are really great at creating ebooks
AI Ebook Suite – Create High-Quality ebooks in Any Niche with Just a Text Prompt.
Create eBooks from Just 1 Keyword
Learn How to Write and Sell 6 Page eBooks (Most Selling Niche)
Printables
These products… sell man!
I’m sure by now you might have seen hundreds of YouTube videos asking you to sell printables online to make passive income…
and let me tell you yes! you can make passive income selling printables online.
These printables can be planners, wall art, and stickers…they sell quite…if you don’t believe me go ahead and check out Etsy, there are shops which are created within a year and are already making 6 figures selling printables.
A Heads up – not every printable sells…
If you create a digital product just for the sake of selling…I assure you IT WON’T SELL.
Create a digital product that would actually help your customers, that would provide value for them I bet it would sell.
Now don’t worry here I’m gonna share with you some of the best and most effective chatgpt prompts that would help you to create best-selling printables…these are tried and tested prompts with really good results…so make sure you check out these prompts
Chatgpt Prompts to Create Printables
Midjourney Prompts to create stickers
PLR Products
Now there are probably the easiest ones to sell and the most profitable ones to make money online.
PLR Products have existed for as long as the idea of online selling exists.
PLR Products are high-quality product bundles that have everything you need to sell it and you can charge as much as you want for you…and the best thing is you get to keep 100%.
Selling PLR Products has proven to be really successful when it comes to making money online.
But before you hop on Google and search for free plr products to sell and start selling some low-quality PLR products…wait.
If you want to make real money selling plr products that won’t be possible by selling low-quality plr products that you would find on reseller websites.
Here you need to be careful and pick plr products that are full of value…remember even though you didn’t create them…your name will still be attached to it so make sure it is of high quality.
Aim to choose plr products that are not easily available to the masses…so that not everyone is selling the same product.
and another advantage of choosing high-quality PLR products is… selling them is effortless.
When you buy these PLR products…along with the product, you’ll get everything you need to sell that product.
From social media content to landing pages…sales funnels to email scripts…all you have to do use them to drive traffic and yes we will talk about it in the later part of this article
Here are the PLR Products that are selling like crazy right now
(Unrestricted PLR) Massive Yoga Pack
(Unrestricted PLR) ChatGPT Prompts
(PLR) The Online Business Academy (100 Videos)
KidTales PLR Review – Best Selling Product in the $25 Billion Industry
One PLR Product – Build 4 Income Streams Instantly
Step 2
Selling on Marketplaces vs Selling on Your Website
Yes! you can sell these digital products on various marketplaces and you should be at the same time if you want a successful online business…having your own website is a must.
For example, you can sell Canva, Notion templates, printables on Etsy, and inspired fun…
You can sell ebooks on Amazon KDP and you can sell art on stock photo websites as well as create print-on-demand products on teepublic…
and you should at the same time sell those on your own websites as well.
Because the above-mentioned marketplaces are reliable…as long as you get sales/traffic it is good…but at any time for any reason they could suspend or worst they would terminate your account and in seconds your online business would crumble.
Here are the pros and cons of selling on these marketplaces
Etsy – Pros – it is a big marketplace that gets millions of traffic thus giving you a chance for wider exposure.
Cons – heavily saturated, tight competition, various fees, and the recent occurrences of accounts being suspended or getting put on vacation modes.
TeePublic/Redbubble/Amazon Merch
All these marketplaces have high traffic so the chances of getting exposure and views are higher.
but so is the competition…and not to forget the recent update of Redbubble ranking the sellers have gotten quite a blacklast and most of the sellers are shifting to shopify..including me.
Here is what happened..I have a Redbubble shop that was making on average 25-30 sales per month…was very happy with it because it was my first shop on Redbubble…but one day without specifying any reason or giving any heads up…
My account was suspended…it has been 2 years now and still have no idea why it happened.
also don’t forget getting ranked on these websites is really tough and not to forget the tons of restrictions…
if you want to sell print-on-demand products on the above-mentioned marketplaces…the one I highly recommend is Amazon merch but the thing is…it is invite only.
Getting approved for Amazon Merch is difficult and if you wanna give it a try…read our full guide here
Why you need your own shop
It’s free to sell
yes! Apart from the setup process of your shop it is completely free for you to sell any product you want and the earning potential from your own shop is 10x more than that of selling on any marketplace.
Full control
Your products, your responsibility, and your judgment…when selling products in your own shop the only person’s approval required is you.
as long as you believe your product is a quality product and legally right…you can sell it without any fear.
Endless Earning Opportunity
one of the most effective and hard things to do is driving traffic to your products and when selling on marketplaces this can sometimes go fruitless…let me tell you how.
Suppose you have created a great social media strategy or even run paid campaigns for your product and you are successful in driving traffic to your products, but what if your audience chooses someone’s else product to buy…
which means your effort to drive the traffic leads to nothing.
On the other hand, if you drive traffic to your own website regardless of what they end up buying…you’ll be making money.
Running paid ads for your products makes so much sense when you are driving traffic to your own website.
how to set up your shop?
For this go to shopify and sign up
Shopify is free(first 30 days) and if you sign up through our link you’ll pay just $1 for the next first month…
and by the time it comes to paying for shopify, you’ll be already making way more than what you need to pay… that means the shop would be paying for itself…not a single penny would go from your pocket.
Shopify has tons of free themes and apps/plugins that would make the process on selling on shopify…a piece of cake..
If you want to start a print-on-demand business then integrate Printful into your shopify store
read this article to get more ideas.
Ultimate Guide to Building and Selling Profitable Shopify Stores
A Guide to Setting Up Print on Demand Business with Shopify and Printful
Once your shop is ready start listing the products as well as optimizing it for seo
Here is a FRE SEO Checklist for your Shopify Store
Step 3
Social media is the most effective and free method to promote your digital products.
https://earn-rupees.com/invideoIf you have an audience on YouTube or TikTok create engaging videos to promote your digital products…for this you can use Capcut (free) or invideo (free)
You can create quality knowledge bombs aka small snippets of valuable content and share them on Facebook, Instagram, and LinkedIn to promote your products…
Join relevant subreddits, and spaces on Reddit and Quora…find relevant questions for your digital product…provide valuable answers, and link back to your product.
and the one I mostly use is Pinterest…create captivating pins on Pinterest and link them back to your products this has proven to be quite fruitful for my online business…so this is the one I recommend the most.
7 Pinterest Tips To Drive Traffic To Your Blog/Products
Paid Ads
One of the most fast ways to get sales is paid ads and out of all the ads like YouTube ads, google ads, LinkedIn ads… Facebook ads are the ones that are more effective when it comes to digital products.
Before is a heads up – If you are a beginner go for Facebook ads only if you have the budget to spare and do remember the first $100 is mainly for learning…don’t expect much from it but yes the insights and experience you’ll get will be amazing boost your business experience.
From creating ads to getting approved and selling going live..it is a feeling I deeply cherish…my first campaign is still quite vivid in my memory.
if you want real buyer traffic and don’t want to spend money on testing campaigns the best option would be using solo ads.
Best Solo Ads
These are the ads that will be shown to real buyers through email marketing…and they range anywhere from $5 to $2000.
Best Solo Ads For Instant Buyer Traffic – Solo Ads That Work
This price depends upon the quality of the traffic as well as their budget to spend.
So, while picking the solo ads make sure you pick the one according to your product quality and its price.
So I hope you got to know exactly how you can start a digital product business…if you have any doubt whatsoever…do get in touch with me and I will try my best to help you out
Conclusion
To summarize first pick the digital product that you wanna sell. create, optimize, and price it right then along with listing your product on popular marketplaces, create your own website using shopify, list your products and optimize it for seo, then start driving traffic to your products and this could be done through social media, paid ads and solo ads.
Related Posts
- Streamlining Your Business: The Key to Efficiency and Growth
- Creating a Winning Business Plan: Your Path to Entrepreneurial Success
- Top High-Income Skills to Learn
- 10 Best Side Hustles to Make Money
- Create a Clickbank Affiliate Website in 5 Minutes – Affiliate Marketing on Automation
