Tested Online Business Ideas for Smart Investment in 2015-16

Online businesses carry the potential to generate income and profits but only if you invest in the right business idea. But how do you define a ‘right’ business idea? For starters, it has to suit your ambitions and interests. Secondly, it has to fit your budget. The sad truth is that big initial investment and lack of market knowhow often stop aspiring entrepreneurs from taking the leap of faith. However, there are ways to tackle these challenges and generate additional stream of monthly earnings. After in-depth study of recent business trends and market dynamics, FATbit Technologies, which acts as a strategic business partner for many startups, shares these emerging business ideas that carry maximum potential of profitability for online business startups.

Here are the industry specific business ideas for your reference:

Last year, the total ecommerce market was worth $1.316 trillion. The share is increasing steadily which brings us to our next online business idea. Multivendor stores are different from regular online stores. While regular online stores have small product catalogue and usually one seller, multivendor stores can host millions of products and empower thousands of merchants. Amazon and Etsy are the perfect examples of global multivendor stores.

Recommended solution to get started:

Developed after detailed study of leading multivendor stores, Yo!Kart is a cost friendly solution for entrepreneurs who want to jump into the e-retail market without bothering with warehousing. The ready solution is known for:

• UX and SEO focused design
• Scope of customization
• Enhanced security
• Robust report generation.
• Diverse packages

YoKart driven websites are built to fit every screen size and benefit from all traffic sources. Ecommerce is certainly one of the hottest industries presently, and starting a multivendor store is the perfect money making solution to invest.

Who doesn’t love tempting discounts? Launching a deals driven platform is the easiest way to capitalize on the trend of buying on a discount. Initially, daily deals websites only focused on services but later expanded to include discounted products as well. Daily deals websites across the world usually host restaurant, salon, apparel, special events, travel packages, and fitness products.

Recommended solution to get started :

The daily deals system is responsive in nature and fitted with unique features that help in traffic generation & visitor engagement. It is also favored by deals entrepreneurs for:

• Products management
• Merchant management
• Secure payments
• Simplified accounting
• Deals management

To give the deals site an edge over regular online stores, Yo!Deals has been integrated with multivendor capabilities, which means multiple merchants can create stores on the site and sell their products.

From students to marketers, everyone require assistance with content related assignments. In the last couple of years, the demand of highly qualified writers has skyrocketed. This is why launching a marketplace that connects writers with seekers makes perfect sense.

Recommended solution to get started:

The main challenge in front of such marketplaces is to simplify the process of hiring quality writers. Paperweight handles that perfectly with features planned after extensive research and planning. Here are main highlights of the revolutionary turnkey product:

• Smart writer comparison
• Quick and secure payments
• Review management
• Simplified bid management
• Powerful communication channels

The writers’ marketplace also brings easy-to-manage test, order, and money management related features for website owners. Starting a platform for freelance writers is certainly an easy way to multiply your monthly earnings at small investment.

Time of off-the-shelf clothing is gone. Now, people prefer apparels that are custom made and reflect their style. This is why entrepreneurs have started launching online custom clothing ventures. The demand is humungous and presently there is no market leader in the industry.

Recommended solution to get started:

The custom clothing solution, Stitch has been built for entrepreneurs who want to revolutionize the apparel market. The highly intuitive platform is laden with features evolved to generate more traffic, stitching orders, and profits. Some of them are:

• Secure payments
• Search advantage
• Review management
• Tax management
• Intuitive admin area
  

View this Slideshare to know how Stitch Works

Built on flexible technology, Stitch brings the advantage of design customization and feature enhancements. So, if you passionate about clothing industry and want to launch a startup that can generate huge profits, then, custom clothing can be great option.

For entrepreneurs who want to start quick, above listed business ideas serve the purpose perfectly. These however are not the only online businesses that can guarantee regular income. There are many others that can generate the same monetary benefits.

However, scrutinize the business and its technology solution carefully before making an investment. This is where most go wrong.

Have any other query about starting and running an online business? Share it in the comment section and we will answer right here!