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Internet Business

Most Profitable Internet Businesses [& Why You Should Consider Buying Each]

Online businesses have the ability to change your life. That is not an understatement.

For the first time, there are REAL opportunities for people living the lives they are unfulfilled by to change things, become free and live the life they know they are destined for.

The internet TRULY can change your life and it really is easier than ever.

In the below post we highlight the most popular internet business models, the startup costs associated, learning curve needed, time to profit and earnings potential.

Overview

 Startup CostsLearning CurveTime to ProfitEarning Potential
Lead Gen$1,000+High2 months+ $30,000+/month
Apps$3,000+High4 months+$50,000+/month
Info Products$100+Low3 months+$25,000+/month
SaaS$2,500+High4-6 months+$50,000+/month
Amazon FBA$100+Low3 months+$10,000+/month
Dropshipping$100+Medium4 months+$20,000+/month
Affiliate Marketing$100+Low3 months+$10,000+/month
Membership Site$200+ Medium-High3 months+$5,000+/month
Adsense$100+Low2 months+ $10,000+/month
Kindle Publishing$0+Low2 months+ $3,000+/month

Lead Gen

  • Startup Costs: $1000+
  • Learning Curve: High
  • Time to Profit: 2 months+
  • Earning Potential: $30,000+/month

The main premise of a lead generation business is to generate leads for a specific business or company. These businesses could be anything from your local physio therapist to a college in your area.

Your job in this business is to find your client (physio or college in this instance) qualified leads that they can turn into paying customers.

The great thing about lead gen is that you are usually not exclusive and you can use a full range of internet marketing strategies to generate those leads versus having to wait for approval from a client before moving forward with one.

Apps

  • Startup Costs: $3000+
  • Learning Curve: High
  • Time to Profit: 4 months+
  • Earning Potential: $50,000+/month

With the unprecedented popularity and use of mobile phones, mobile apps are a great business model.

As a company into mobile advertising or app development or digital marketing or even as an individual app developer, there are many ways of making money. Beginning with Freemium where the basic version is free, you can offer the extra features or premium version for a price.

Second method of generating revenue is earning through advertising. Also you may offer an advertising free experience for a price to the users. Both ways you earn money.

Another way is to offer paid apps

Info Products

  • Startup Costs: $100+
  • Learning Curve: Low
  • Time to Profit: 3 months​
  • Earning Potential: $25,000+/year​

Info products are often the first introduction people have to the world of internet marketing and online business.

An info product is usually a long, detailed explanation of how something works, delivered in a consumable method to a hungry audience in need of information. While info products started off as PDFs in the early days of the digital info product business, nowadays many are high-end videos and recorded webinars.

Whether that info product covers a smoothie diet, how to build a chicken coop, or the finer details of technical stock trading, there are info products out there for almost every topic and sub-niche.

Software as a Service (SaaS)

  • Startup Costs: $2500+
  • Learning Curve: High
  • Time to Profit: 4 – 6 months+
  • Earning Potential: $50,000+/month

SaaS, or software as a service, is a business model in which a centrally hosted software is licensed to customers via a subscription plan. Any company that leases its software through a central, cloud-based system to users can be said to be a SaaS company.

A SaaS company maintains responsibility for the servers, software and database that allow their product to be accessed and used.

The subscription plans offered to customers can vary considerably within separate companies; some SaaS company business models involve offering multiple applications within their product, with different subscription plans giving access to different services.

To help you to understand what we’re talking about, below we’ve listed a few SaaS solutions that you may have used:

Dropbox
If you are not a member of Team Google, Dropbox is a good SaaS alternative for storing files and images. Once you add a new photo to your Dropbox account, it’s visible from any desktop or web app with access to the global network.

Slack
Slack is a great tool for team communication offered as a cloud-based app. Messages are secured and the entire system is built on a cloud service.

Amazon FBA

  • Startup Costs: $100+
  • Learning Curve: Low
  • Time to Profit: 3 months
  • Earning Potential: $10,000+/month

The Fulfillment by Amazon (FBA) business model is fundamentally the same as a traditional ecommerce business, however, instead of you having to fulfil orders one by one, Amazon stores your products for you and even picks, packs and ships them out to your customers.

The FBA business model allows you to leverage Amazon’s robust distribution network and customer base allowing you to warehouse your products, fulfil orders and even provide customer service so you don’t have to be hands-on with every aspect of the business.

This model allows smaller entrepreneurs to access tools usually only available to big corporations (without the headache of actually being one).

You can focus on finding products and scaling your business while Amazon handles the rest on your behalf.

Dropshipping

  • Startup Costs: $100+
  • Learning Curve: Medium
  • Time to Profit: 4 months+
  • Earning Potential: $20,000+/month

This is a relatively new concept in the eCommerce space where you sell products to your customers without having to manufacture, store or even see them.

Dropshipping allows you to buy individual products from one or more wholesalers and ship them directly to your customers.

In simpler terms, your ecommerce store is the store front. Customers purchase the products online from your store front, you then order them from the manufacturer who ship them on your behalf directly to your customer.

As a new entrepreneur, you get many advantages, such as low start up capital requirements, wide product range and geographical coverage opportunities.

Affiliate Marketing

  • Startup Costs: $100+
  • Learning Curve: Low
  • Time to Profit: 3 months+
  • Earning Potential: $10,000+/month

With the affiliate marketing business model, you essentially promote other people’s products (usually through an affiliate network), earning a commission if people actually end up buying the product thanks to your marketing.

It’s based on revenue sharing.

If you have a product and want to sell more, you can offer promoters (affiliate marketers) a financial incentive through an affiliate program.

If you have no product and want to make money, then you can promote a product that you feel has value and earn an income from it as an affiliate marketer.

You would have come across this model thousands of times and may not have known. For example, If you’ve ever searched for lawnmower reviews before making a decision, you’ve come across an affiliate marketing business. These businesses attract the audience by posting reviews, tutorials, rankings, deals, suggestions, etc. and give the users a link to buy from the partner lawnmower website. Whenever a user completes a purchase after he has clicked on a unique referral link, these businesses earn a commission.

Membership Sites

  • Startup Costs: $200+
  • Learning Curve: Medium to High
  • Time to Profit: 3 months
  • Earning Potential: $5,000+/month

A membership model is a type of business model where individuals pay a recurring fee to access the value of an organisation. It provides the design for different membership levels, revenue sources, marketing activities, events and conferences, and finances.

With the membership model you are going to be finding people that want what you are offering and are willing to set up recurring payments month after month to get this information.

Some traditional examples of organisations that use a membership model include:

  • Clubs (swim club, tennis club, gym club, etc.)
  • Professional Associations (writing association, engineering association, nursing association, etc.)
  • Nonprofits (foundations, churches, charities, etc.)
  • Businesses (online courses, Costco, Amazon Prime, etc.)

A more non-traditional membership site is something like Freelance Writers Den – an online community where freelance writers learn how to grow their income.

Adsense

  • Startup Costs: $100+
  • Learning Curve: Low
  • Time to Profit: 2 months
  • Earning Potential: $10,000+/month

AdSense is a program run by Google to display adverts on your website.

You (as the publisher) sign up with your website, blog, YouTube channel etc. and once approved, Google then displays ads on your website.

When people click on these ads, you make a profit for every click.

Google does most of the work, matching the most well-suited adverts to your site based on the key words you target. This is so that the audience that visits your site is more likely to be interested in the ads displayed.

Therefore, even if you are quite new to the game, it is reasonably straightforward to get started with AdSense and it doesn’t take much work to maintain AdSense ads.

The trickier part comes in maintaining your own website and driving traffic to it.

The amount that you earn depends on various factors such as:

  • How many people actually visit your website and thus will click on the ads?
  • Does your site target specific keywords, and how competitive are they?
  • Is your site SEO optimised so that it ranks well for your keywords?

Kindle Publishing

  • Startup Costs: $0+
  • Learning Curve: Low
  • Time to Profit: 2 month
  • Earning Potential: $3,000+/month

In simple terms, with Kindle Direct Publishing (KDP), you self-publish your book and sell it on Amazon.

The process relatively straightforward:

  • Write a book
  • Get some cover art
  • Upload the book to Kindle inside of the KDP platform
  • In a couple of days, Kindle will approve the title and it will go live on Amazon.
  • When someone finds your book and buys it, Amazon will deliver the digital copy of the book to that person’s laptop, or directly to their Kindle.

Once the book is purchased, Amazon takes a portion of the book’s profits and gives the rest to you, the author, as royalties.

Which Online Business Model Should You Choose?

Each one of these internet business models has the potential to create an employment substituing income while offering unparalled freedom.

However, some are more advanced than others and will take longer to come to fruition.

Ultimately, only you can answer this but here are some things to consider:

  • What do you think you have an affinity for?
  • What skills can you leverage?
  • How much spare time do you have?

The online business world has something to offer everyone. If you have the balls to get out there and take what is on offer.

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