25 Online Business Ideas that Pay Big in 2024

Out of ideas? This guide is for you

Online Business Ideas

Who is this Guide for?

Have you ever wanted to start your own business, but couldn’t because you didn’t have the time and money? Are you stuck in a job you don’t like, but can’t afford to leave because it pays the bills?

Table of Contents

Although you think you’re at an impasse, it’s not. There are many online business models that you can launch today without even quitting your job.

In this guide for freelancers and aspiring entrepreneurs, we’ll explore 25 different possibilities for finding a profitable business idea. Whether you’re an entrepreneur at heart or just want to make a little extra money, there’s bound to be an idea that could change your life.

So, let’s get started!

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How To Use This Guide

  1. Explore Ideas
  2. Choose An Idea
  3. Get Your Feet Wet

Growth Hacking Agency

Let me tell you first, this one is not for novices, it is complex.

As a growth hacking consultant, you help companies grow beyond their wildest dreams. You do this by implementing growth hacking techniques that help businesses acquire more customers, faster and easier than ever before.

Does this business idea sound interesting to you?

It is, and it takes a lot of work. But the reward is worth it: you see companies grow before your eyes, month after month. This is no coincidence, the methods are scientific and their effectiveness is proven.

You should be familiar with copywriting, customer acquisition, lead generation, sales funnel building, and email marketing. It’s akin to merging multiple agencies into a single organization dedicated to growing your clients’ business.

Chatbot Creation Agency

What if you could talk to each prospect individually online at any time of the day or night? Wouldn’t it be amazing to be able to tailor the conversation specifically to each prospect, even if it’s millions of online users without having an army of employees?

That’s exactly what chatbots were designed for! And these days, businesses that use chatbot technology are growing faster than any other online.

The question is: do you want more online customers and most importantly could you manage them? If that’s the case (who wouldn’t!), then you need chatbots!

How much do you have to charge for this online service?

For starters, you can charge businesses between $1000 and $7000 per month (or more).

Lead Generation Agency

Any service business needs a steady stream of leads (potential customers) if it wants to survive and thrive. That’s exactly where lead generation agencies come in:

You’ll provide leads to your customer (and you can even automate this process). This is a simpler approach to bringing in customers since, most of the time, it is enough to collect their contact information.

How much do you have to charge for this online service?

For starters, lead generation agencies can charge anywhere from $1,000 to $3,000 per month (or even more).

Mobile App Creation Agency

How many apps do you have installed on your phone? If you’re like most people, that number is in the tens (or maybe hundreds, who knows). And every day, thousands of new apps are added to online stores such as Apple’s App Store and Google Play.

The truth is, people love their cell phones! Which puts companies that develop apps for these devices on the path to SUCCESS (with huge profits).

Here’s a secret we’ll never tell you:

To set up a mobile app development agency, you don’t need to be a developer.

Local SEO Agency

When you Google “Plumber near me” or “Lawyer in my area,” what do you see? The companies that rank at the top of the search results, of course!

And that’s where this business idea comes in.

Local SEO agency owners can help small business owners increase their online visibility, drive more traffic to their websites, and turn that traffic into leads and customers.

What is the value of online visibility?

Let me give you an example:

If your business is ranked first in Google search results for “Plumber near me” and receives 100 visits per month, it will be more than enough to turn those visitors into paying customers (and that’s just one service).

How much do you have to charge for this online service?

For starters, you should charge between $1000 and $3000 per month (or even more).

You can even ask for a percentage of the turnover if it’s more profitable for you.

Influencer Marketing Agency

It doesn’t matter whether or not you believe in what online influencers do, the fact is that they are extremely popular online. This means that if you can help them expand their visibility and reach even more people… They’ll be willing to pay for it!

And that brings us to the service of a marketing agency for influencers. A service that specializes in helping influencers increase their visibility and notoriety online.

There is no fixed method of how much you can charge for this online service. But for starters, you should charge influencers between $1000 and $3000 per month (or even more, depending on the value you bring to their business).

E-Commerce Agency

This business idea is one of the most profitable! All eCommerce businesses need more customers. And your eCommerce agency will bring them masses of them. That’s not all!

You’ll also reduce the cost of customer acquisition, which in itself is even more beneficial.

How much do you have to charge for this online service?

For starters, e-commerce agencies can charge between $2000 and $5000 per month.

You can also trade a percentage of the revenue generated by your business in return (which is significantly more profitable).

Search Engine Optimization Agency (SEO)

Have you ever wondered why some websites rank on the first page of Google and others don’t?

Businesses that rank first in Google get a steady stream of online visitors on autopilot without spending a single penny. That’s huge!

So why don’t all companies rank first online? Simply because it’s difficult and because it requires a specific set of expertise and skills that companies don’t typically have.

SEO agencies fill this gap by providing the necessary services to increase website traffic organically from Google.

How much do you have to charge for this online service?

For starters, SEO agencies can charge between $1500 and $5000 per month (or more).

Coaching & Consulting Agency

The truth about anyone who wants to engage in entrepreneurship is that virtually everyone (including yourself) is looking to change their situation. They go from one project to another and from one idea to another. They want to change from job seeker status to employer. And the list goes on…

Everyone wants to achieve their goal and get richer faster. And to get there, everyone needs a bridge. Coaching could be that bridge.

If you can help people get to where they want to be and show them a clear path, you’re adding tremendous value to them. And not only will you get paid, but they’ll love you for it.

And as with any business, there’s a specific way to find people who are (right now) looking for a coach like you.

Conversion Optimization Agency

In the digital world, conversion means turning visitors into prospects or paying customers.

Conversion optimization agencies boost conversions for online businesses and also help them grow their businesses by finding the escape areas of their conversion and sales funnels.

How do they do it?

One of their go-to weapons is split testing, which is a scientific way to test different versions of your web page against each other to see which one converts better.

And that’s just the tip of the iceberg!

Web Design Agency

You’ve probably heard of it. And while this field is extremely competitive, that mean it is also extremely profitable. In fact, website design agencies are extremely successful because businesses and individuals are perpetually in need of them.

Think as a business owner or individual, you have two options when it comes to building a website:

  • First option: you can learn to code and create the site yourself (not recommended).
  • Second option: you can hire a web design agency to do it for you.

The vast majority of people choose the second option, which is why the web design agency market is so lucrative.

Copywriting Agency

Eugene Schwartz was a marketing genius. You may have never heard of him if you’re not interested in marketing. One of his best quotes is:

“The biggest mistake marketers make is trying to create demand.”

What does this mean?

The demand is there, don’t try to create it, just use words to channel that demand and turn it into sales.

How?

Copywriting is the answer.

Words are the new currency of online sales and if you want to succeed online, you need a copywriting agency by your side.

You don’t have to be a genius, all you need is a process and the right people to write epic sales copy. You don’t even have to be a native speaker.

Digital Marketing Agency

“I do digital marketing”. We hear this phrase so often online that it’s almost become a joke. I bet you’ve even heard your friends say this at some point over the past few years.

The reality is that online marketing has become such an evolving industry that many people now make it their primary source of income.

This means that there are thousands of digital marketing agencies, all fighting for the same clients. The good news is that most of them are amateurs (yes, pretentious amateurs, I said).

And amateurs are easy to beat. You just have to know what you’re doing and how the world of online marketing actually works.

Easier said than done? Absolutely not!

YouTube Advertising Agency

Videos convert better than long texts online. Here’s why:

People who watch video ads online are 64% more likely to buy a product online. Which is huge!

But the problem is that most online businesses don’t know how to create videos that sell or are too busy with their daily routine operations to do so. In addition, they don’t know anything about YouTube’s advertising platform.

This leaves an opening and is the essence of this online business idea: A YouTube advertising agency. And that’s why companies are turning to specialized advertising agencies in droves.

As a YouTube agency owner, you’ll create epic video ads for your clients and help them increase their sales using the YouTube Ads platform.

And the best part is you don’t even need a camera to create these videos.

Facebook Advertising Agency

You can literally set up an online business in 24 hours. I’m not kidding, it’s true. But, no matter what model you build, you’re going to need traffic. Not just any random traffic. You need targeted traffic!

And that’s where Facebook ads are hands down the best way to do that. Businesses know this, and they invest heavily in online ads in order to generate leads or sales.

But they don’t always get the results they want. Because online ads are a science that requires specialized knowledge to work properly. And that’s where Facebook ad agencies come in.

Your service will be the lifeblood of online businesses that can’t afford to waste money and time on Facebook ads.

Believe it or not, if you do it right, as a service provider, you can become more important than the CEO himself.

Virtual Tour Creation Agency

Virtual tours exist and they exist to endure. That’s because online shoppers (most of them) don’t like to go from site to site and visit every property where they might be interested in buying or renting a home.

They want to have everything at their fingertips, online. This means that real estate professionals need virtual tours more than ever.

But they are so busy that learning a new tool, even a powerful one like virtual tours, is a real challenge for them. A better option would be to hire someone to do it for them.

Guess who? An agency that creates virtual tours.

Video Marketing Agency

Marketing without videos is like a body without a soul. It’s true! People are more likely to buy a product after watching a video about it.

In fact, online shoppers who watch videos of a product are 64% more likely to make a purchase than those who don’t watch videos.

And that’s just a small glimpse of what a video marketing agency can produce. A video marketing agency can do it all:

  • Screenwriting
  • Filming
  • Assembly
  • Post
  • Creation of graphic videos (motion graphics, logo intro animation…)
  • YouTube Marketing.

Many online business owners struggle to make their videos on time and distribute them properly. And this slows down their evolution, if not stops it. That’s where you come in!

Podcasting Services Agency

Podcasts are the new radio shows.

They have the same strengths: a great host, an engaging show format, and top-notch content that is both educational and entertaining.

What differentiates them from traditional radio shows is the online focus on a certain theme, usually educational. It’s important to know that podcasters are busy people.

They are usually very proficient at what they do but don’t have the time to focus on all of their online marketing activities. That’s why a podcast agency is an internet business idea that represents a real lifeline.

Its services cover the entire podcast journey, from start to finish:

  • Guest Coordination
  • Audio Engineering
  • Marketing Asset Development
  • Podcast advertising.

A podcast agency can take care of the promotion of the show, giving the podcaster more time to focus on creating quality content.

There are thousands of podcasters in every niche, and it’s not hard to find one that’s a perfect fit for your agency. All you have to do is identify the right podcast marketing strategy and services to offer them, and you’re done!

Graphic Design Agency

Honestly, I feel sorry for new graphic designers who are waiting to get a cheap logo project from freelance sites. If you’re a graphic designer and you’re lowering your prices to almost nothing just to have a portfolio, please stop.

This is not the right method. But what to do instead?

Have you ever heard of monthly recurring revenue? Probably. However, you’ve probably never considered using it in the graphic design niche.

Well, there are several graphic designers who are tearing everything apart with this particular business idea.

Inbound Marketing Agency

Inbound marketing is a technique that uses qualitative content (blog posts, social media updates, videos, etc.) to attract customers to your business instead of chasing them.

It’s the direct line application of the proverb “You can’t catch flies with vinegar”!

So far, it sounds simple, right?

The best part about inbound marketing is that it’s a long-term strategy. Once you’ve created the content, it continues to work for you, even while you’re sleeping! That’s why inbound marketing is by far the best way to attract customers on autopilot instead of staying up night after night to get there.

If you think that inbound marketing is not interesting for companies? Think again!

The average salary for an inbound marketer is $52,000 per year! Imagine the cost of hiring an agency!

Product Info Creation Agency

Are you familiar with Udemy? Or Lynda? These online course platforms have radically transformed the online education and training industry. And that’s only a tiny part of what they offer!

People are tired of learning from books and in traditional classrooms. They want to learn in a hands-on way, either by doing it themselves or by following their own pace online. And that’s exactly where training products come in.

It’s a business idea that has helped online trainers launch their courses, books, and other digital products online in order to reach even more online students eager to learn. This is just one of the many possibilities!

You can set up your own product creation agency for training today by selling these services to people who are experts in their field but can’t seem to turn their knowledge into a saleable asset.

How?

Helping them create online courses, eBooks, and other digital products that will help them turn their knowledge into a successful online business.

The sky is the limit!

Software Development Agency

Imagine a life without software. People would still be stuck at their desks, wasting hours doing menial tasks that can now be completed in seconds with the help of online software. Software has literally transformed our lives!

Whether it’s a small tool or a complex piece of software, they all have one common advantage: they make our lives easier. And that’s only a tiny benefit!

Software is disrupting every online industry you can think of! Software is even being used to create entirely innovative online businesses. I’m sure you already know this, and you’re probably thinking that only developers can launch such an agency.

Well, you’re wrong!

Anyone can set up an online software development agency to help people launch their own software online or turn it into a successful business model that will bring them passive income for years to come.

Launching a highly successful software development agency without the need to write a single line of code is really possible.

Affiliate Marketing Agency

Done right, this model can change your life. Affiliate marketing is all about getting a commission by promoting and selling other people’s (or companies’) products. If someone buys the product as a result of your referral, you earn a commission on the sale. Simple, right?

And that’s just the beginning of what you can achieve. Because an affiliate marketing agency goes beyond just selling products for a commission.

And the best part is that you can launch your affiliate marketing agency from the comfort of your home.

Content Transformation Agency

Imagine for a second that you are a content creator, let’s say a Youtuber. And imagine if every video you create is immediately converted into ten other types of content, as if by magic?

What would you think? Would this be beneficial for your business? ABSOLUTELY!

You’ll become a prolific content creation machine. Now, imagine what would happen if you turned this idea into a real service? Yes, it’s doable and not hard to sell because YouTubers and Podcasters are actively looking for these services.

So don’t hesitate any longer and launch your own content transformation agency.

Sales Funnel Design Agency

There was a time when owning a website was enough to attract customers. Then the internet exploded with the advent of social media and the possibilities of targeted and effective advertising.And it really didn’t take long for online businesses to realize that in order to make sales, they needed a funnel.

A funnel is a strategy that mixes online pages with advertising and emails to turn hesitant visitors into almost fanatical buyers. This is how the sales funnel design service was born.

Every company has its own funnel and its own conversion process. The possibilities are almost endless. And that’s where you’ll add tremendous value to businesses.

You will be the tunnel expert that everyone respects and is willing to learn from. The expert who, as if by magic, turns underperforming businesses into online successes.

Want to know how to set up a tunnel design agency? It’s easier than you think.

How do you choose a business idea when you have no skills?

In fact, 99% of online businesses were started by entrepreneurs who learned everything on their own online. If you think you don’t have the skills to get started, then just start learning.

What’s the best approach to getting started?

Trying to come up with the perfect idea or an original idea should be avoided at all costs. If you want to start a business and make money as soon as possible, then there’s nothing faster than dethroning the competition in any niche and for any service.

Do I need to be an expert to get started?

Absolutely not! To get started, you can work for free or at a discount for the first 2-3 customers until you have complete control over the service you have chosen to sell.

Conclusion

Today, we’ve explored 25 online agency services that you can launch from home.

You don’t need a lot of experience, just a willingness to learn and a 100% commitment to a business idea that you would have liked.

If this seems like something accessible and above all achievable, then I encourage you not to think too much about it and start taking action today.

And don’t forget: Perfection kills progress

Which agency model would you like us to cover next?

Let us know below!

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