With the new year, new business opportunities also arrive. We know that navigating this jungle of business ideas and opportunities can be tricky, so we’ve compiled a list to help you find the one that’s right for you.

Online business opportunity

1. Dropshipping

One of the best online business opportunities is dropshipping . Because the barrier to entry is low, it’s a great opportunity for those starting out and entering the business world for the first time.

Don’t know what dropshipping is? It works like this: the dropshipper – i.e. the retailer, which in this case would be you – uses an online channel (usually a website) to sell products manufactured by third parties. But it is these third parties – that is the suppliers – who package and ship the products to the customer.

This means that with a dropshipping shop you don’t need inventory. Plus, you can sell products in a variety of niches: fashion, beauty, pets, home, cars, and so on. You can also decide to sell only one product. If you want to start an online business, this is one of the most popular business opportunities. The best thing? You can start right away!

2. Consulting

Many specialists start their careers as consultants to help a relatively large audience with a specific expertise. For example, you could propose yourself as a Facebook Ads expert or expert and offer targeted advice to companies. Or you could offer yourself as a consultant in the fashion industry and guide customers to purchase the products that best suit their complexion. Essentially, it’s about sharing your experience with others to help them succeed. If your idea is to start a business opportunity that you can run from home, think about the skills you excel at and then look for people who need your help.

3. Freelance

Another online business opportunity that you can consider is ghana phone book directory that of a freelance career. Instead of offering advice and sharing your knowledge, as a freelancer you make your skills directly available to other companies. Alternatively, you can also hire other freelancers and delegate your projects to them. This way your business will be more scalable. It is an ideal business opportunity to do online or from home, as the work is often remotely: writing, graphics, photography and so on. Let’s take an example: Let’s say your company hires a team of freelance make-up artists and rebooks them on various weddings, photo shoots, and corporate events. The team will be paid for the service, while you will apply a margin on the entire cost to the end customer.

4. Print on demand

Dropshipping isn’t the only way to run an online store without worrying about packaging and shipping. This business model has in fact another face, that of print on demand .

What is it about exactly? Imagine being able to create spectacular designs and see them printed on any type of product, and to sell these products to your customers, without having to physically manage stock, shipping, or even printing. Great, right?

So here’s how to set up a print on demand business:

1. Create your online store
2. Find a reliable print on demand app
3. Create or have a professional make the designs you want to print on your products
4. Promote your store

And when a customer places an order?

1. The customer places an order on your store
2. You forward the order to your supplier (the print on demand app)
3. The print on demand service prints, packages and ships the product
4. The customer receives his order

And they are all happy and content!

Business opportunity for small businesses

1. Write a blog

This is certainly one of the best business opportunities for small businesses. The blog can allow you to create different sources of income: for example, you can earn with affiliate marketing, ads, infoproducts, physical products, influencer marketing, sponsorships and so-called “gated” paid content. Once you’ve chosen the strategy that’s right for you, distribute your content – you can implement various SEO and social media marketing strategies to increase traffic to your website and start making money online .

2. Affiliate marketing

Another popular online business opportunity is affiliate marketing . You can affiliate yourself with brands, even famous ones, and promote their products or services. The brand will then pay you a percentage of each sale. For example, Amazon pays a small percentage of each sale generated by an affiliate, while Shopify pays up to € 2,000 for each new customer. You can start a blog, create social media posts, or run ads with your affiliate link and generate sales for the brand you are promoting.

3. Develop an app

One of the new online business opportunities to consider is app development . You can program an entertainment app or one that is useful for everyday life. To do this you need to be able to write code for iOS or Android, or you can delegate the work to a developer who already has the necessary technical skills. You can find the most suitable professional for your project on a freelance site, but consider that you will probably have to invest tens of thousands upfront. Once your app is ready to be used, you can promote it on the media, social profiles, blogs and with backlinks to popular articles.

4. Create an online course

E-learning represents one of the most profitable new business opportunities for 2022. More and more people are deciding to learn online, also thanks to the push towards digital caused by the most recent events. The online education market is estimated to be worth € 275 billion by 2025. You can create online courses for various niches, practicing your own skills or leveraging those of other people; or again, you can make your e-learning platform available to those who create courses. This industry is already very popular and will continue to grow, so it’s definitely an opportunity to watch!