Examples of Online Business Ideas

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Advances in technology have enabled entrepreneurs to create businesses that operate entirely in a digital environment, resulting in reduced overhead and the freedom to run a business on the go. Before you start your business, learn some strategies from these online business examples:

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1. E-commerce and dropship online store

Do you like the idea of ​​selling products online? You can open an online store to sell your own products, or you can resell products you bought through another online store.

Before you start your online business, you must first see what your competitors are doing. Here is an example of an online business:

Company name: Takealot.com

Website: https://www.takealot.com/

Founding date: 2011

About the shop:

Takealot.com is one of South Africa’s leading e-commerce retailers and one of the largest and most innovative e-commerce retailers in Africa. Their goal is to be the most customer-centric online shopping destination.

Innovative business offer

Takealot.com also bought Mr Delivery to own its logistics network and launched Mr D Food, its app-based on-demand grocery delivery service.

2. Building apps

There continues to be a growing demand for new and creative apps. Taking the time to develop and sell smartphone apps can be a lucrative business opportunity. Before you start your business, here is an example of an online business you can learn from:

Company name: cohesion

Website: https://codehesion.co.za/

About the shop:

Codehesion offers web development services, building world-class cloud-based applications. They also offer mobile development for clients who want to build iOS and Android applications.

Related: Start your online business for (almost) free

Innovative business offer

Their agile development approach ensures they can build software quickly and frequently reassess and adjust the design to ensure they quickly begin to add value to their clients’ businesses.

3. A digital product or course

Creating a digital product or course is one way to monetize your experience/professional skills. You need to put together an eBook or webinar of your courses and passively monetize it.

Before you begin, there are a few lessons you can learn from this online business example:

Company name: Creative business school

Website: https://www.redandyellow.co.za/online-ed/

About the shop:

The Creative School of Business offers Red & Yellow, a business school where students of all ages can develop the professional skills they need to thrive in this digital world.

This business school focuses on equipping its students for the realities and exciting 21st century possibilities that will result from the digital explosion and ever-increasing diffusion of technology.

Innovative business offer

Besides the online courses and diplomas, they also offer a sports school for students who want to study full-time on campus.

4. Chatbot Creation

Chatbots are designed to simulate conversations with online customers. You can design them yourself with free and user-friendly programs. Before you start your own chatbot creation business, you first need to know what your competition is doing. Here’s an example of an online business you can glean insights from:

Company name: intercom

Website: https://www.intercom.com/

Founding date: 2011

About the shop:

Intercom empowers businesses with custom chatbots that qualify leads, help book more meetings, and increase sales and marketing.

Related: A Sample Free Business Plan to Start Your South African Business

The advantages of their chatbots are that they develop leads 24/7, they have code-free customization, accelerate sales cycles, and grow businesses beyond human limits.

Innovative business offer

Intercom offers a range of online products that enable modern internet businesses to accelerate growth across the entire customer lifecycle, from acquisition to retention to support.

5. Buying and Selling Domain Names

You can buy domain names (website addresses) that you think will become popular and sell them after they become popular. If you have the right knowledge and skills, you can start this online business idea. Here is an example of this online business idea that you can learn some strategies from:

Company name: Starfire stocks

Website: https://www.starfireholdings.com/

About the shop:

Starfire Holdings offers professional and discreet domain name acquisition services to help its clients secure premium domain names for their businesses. They also support their customers with advice and expertise when buying or selling a domain name.

Innovative business offer

In addition to the above services, Starfire Holdings also offers a full service from initial contact to escrow closing.

6. Creating a profitable blog

A blog has a very specific type of content that allows you to monetize and generate income. If you are a talented writer and have lots of quality content to publish on your blog, this could be the online business idea for you.

Before you begin, here are a few lessons to learn from this online business example:

Company name: The adventure junkies

Website: https://www.theadventurejunkies.com/

About the shop:

The Adventure Junkies have six different pages focused on extreme sports such as scuba diving, hiking, paddling, scuba diving, snow sports and mountain biking.

Related: 7 Online Business Ideas That Could Make You Rich

Each section includes a Facebook forum and information about equipment, clothing, techniques and training.

Innovative business offer

In addition to all this information, they sell tangible assets like clothing and gear through affiliated links, which is where they make most of their income.

7. Become a virtual assistant

Every business needs help with day-to-day administrative tasks. If you have a talent for this type of work, you can become a virtual assistant. They perform tasks such as paying bills, making travel arrangements, and managing expense reimbursements.

Before you start your business, here is an example of an online business you can learn from:

Company name: outsourcing

Website: https://outsourcery.co.za/

Founding date: 2005

About the shop:

Outsourcery was founded by Richard Walton who, after struggling to find a great virtual PA service to handle his busy life, decided to start his own business. Since their inception, they’ve grown rapidly to help busy entrepreneurs lead more productive lives.

Innovative business offer

In addition to virtual assistant services, Outsourcery also offers virtual accountants, content authors, webmasters, and back office workers.

8. Website flipping

Because customers use a company’s website to decide whether or not to shop there, a website’s appearance and interactivity can determine its success. If you have skills and experience in website improvement and optimization, this could be the online business idea for you.

Related: 7 ingredients for online small business success

You can buy a poorly performing website, optimize it, and sell it for a profit. Before you start your business, you can learn a thing or two from this online business example:

Company name: WebDevine

Website: https://www.webdevine.co.za/

Founding date: 2003

About the shop:

WebDevine helps its clients develop a competitive advantage through website improvements and optimization. They will also add marketing techniques to ensure their customers generate more traffic and convert them into sales.

Innovative business offer

WebDevine is a one-stop shop for all of its clients’ web design and development needs, including web and email hosting, online advertising, branding, social media management, and mobile/web applications.

9. Online Real Estate Investing

There are now online real estate investment platforms and they allow anyone to invest a percentage in a property rather than the full amount. If you have the right skills, you can start your own online business.

Before you start your business, learn some strategies with this online business example:

Company name: real estate crowdfunding

Website: https://realestatecrowdfunding.co.za/recf/

About the shop:

Real estate crowdfunding offers its clients lower fees, the ability to invest in a development nearby, and transparency that allows their clients to learn more about projects before they invest.

Innovative business offer

Real Estate Crowdfunding is designed to provide its clients with a platform to raise funds for real estate investments and/or participate in real estate investment opportunities.

10. Online Transcription Platform

Online transcription platforms offer money for your ability to transcribe their audio files. If you’re a fast typist and can understand multiple accents, transcription services might be the online business for you.

Before you start your business you need some experience but also some insights from a successful online business:

Company name: AfroLingo

Website: https://afrolingo.co.za/camp/translation-services/

About the shop:

AfroLingo provides its customers with audio and video transcription services, as well as 24/7 customer support to ensure their customers around the world are always supported.

Innovative business offer

In addition to its transcription services, AfroLingo has over 10 years of translation experience in over 70 languages. They are experienced subject matter experts in all major African and MENA languages.

In addition, they offer proofreading, website and app localization, and desktop publishing.

Related: 25 of the most successful business ideas in South Africa

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