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As online technology becomes increasingly important, it’s time to cash out of the old ways and adapt to the new ones.  The internet has completely changed the way that businesses operate. As with all things technology, the early adopters or first movers will get the most benefit from this change.  With globalization, capitalism & technology all playing their part in determining what online businesses will succeed further into this decade – there’s never been more opportunity than right now to start a successful online business from anywhere in the world. The future is digital, and it’s happening now.  Here we discuss some of the top online business ideas for 2022 so let’s get started.

1.    Online Training and Support

If you have a passion for teaching or sharing your experience, it’s time to dive into that interest and become an expert. It’s estimated that the eLearning industry will reach $457.8 Billion by 2026 (Source: Global IndustryAnalyst, Inc. March 2022).  Your first step should be to make your expertise known by hosting training courses on platforms like Teachable.com.  If you’re just getting started, it’s easy and more marketable taking the instructor option available at Udemy or Skillshare provided you tap into the right niche.

2.    Online Selling of Digital Products

The eCommerce market is booming as people have found a convenient way to buy any type/form of product online.  From sellers of eBooks to tools of productivity on their website; these are all listed under this topic since they allow buyers to purchase things without having to go into a store themselves.   Typical sites where you can find anything you want are Amazon, eBay, or Etsy.  The income you can generate from selling digital products is passive income and the return could be a long-term sustainable income.  On the other side, selling your own product could be richly rewarding depending on the product and how you promote it.  So do your research, there are a lot of opportunities out there.

3.    Online App and Software Designs     

The potential for earnings is skyrocketing with online apps and software, but keep in mind that apps are everywhere.  You can find apps for just about anything, from cooking recipes to managing your finances.  With so many options available, it’s going to be important that you choose an app marketing strategy that will work best with the type of business or consumer product you are offering.  There is no one size fits all solution when creating your app because each industry has its own unique needs, so it’s recommended that you start out low key and then gradually build momentum over time before launching full steam ahead.

4.    Online Content and Social Media Writer

If you have a passion for writing, then the best part of online writer is that you can make money for doing what you love. Unlike online selling, teaching, and designing, online writing requires very little investment. You can sign up with a web hosting account and install free writing aids for grammar and spell checking to improve your content.  Having SEO and creative content skills will make the difference.   Including affiliated marketing and advertising will increase your site’s success.  Currently, the hot freelancing writing domains are review writers, digital marketing writers, finance and law writers. 

With so many online freelancers and businesses in the market, it is important to stand out with your unique niche experience, product and service, as the competition is fierce. Online businesses can be very lucrative if you’re willing to work hard and take on multiple projects.  It may seem daunting at first, but with today’s technology, there are many ways for you to make your online business idea happen, so refine your idea and make it a reality.  Online businesses are all the rage, and it is time to start one yourself!  

For any queries and advice on registering your online business, tax obligations, payroll systems or accounting services don’t hesitate to contact us an email at info@experity.co.za Let the Experity team take care of all these details while you get on with focusing on launching your venture.