There are many ways of making money online but you must look out for the best suited to your requirement. Like any other business , online business do have their Pros and Cons.
As a technical person or a teacher , you can start online courses but setting up online courses or can start taking online tuition as well. One can work as virtual assistant also. These businesses require particular skills set and expertise in the field.
Otherwise , there are some business meant for every one and I like to focus on them.
- E commerce Store
- Drop shipping Business
- Affiliate Marketing
E Commerce business is a successful model for those who have some products to sell. They are mainly suited to big brands as they have the products and fulfill shipping requirements. Small retailer may compete in the market due to high shipping cost and hence this model may not be effective for them.
Drop shipping can be adopted as an alternative as you are not required to keep any inventory and not to take care of shipping.