Many Filipinos are interested in starting an online business BUT they got no clue where to begin. You’re one of them, right? To help you out, here’s a list of great ideas you can try at the very comfort of your home!
Internet has not only made it easier for people to start a business with very low investment but also gave a lot of options and opportunities to earn big. Another good thing is that Philippines has been the go-to place for many foreign countries for many online services the past years.
While these online business ideas can be very lucrative, positive results rarely happen overnight. Like other successful home based businesses, you need to dedicate a lot of time for research, planning, testing, and execution for you to succeed.
The mere fact that you are reading this post, there is some kind of entrepreneurial blood flowing in your veins. You just need to wake it up and do the super saiyan thing. Who knows, you might be next big name in the online world.
So if you feel that there’s an entrepreneurial spirit in you, here are some of the best online business ideas you can start in the Philippines 2018 and beyond.
1. Online Selling
Whether digital or physical goods, if you cannot sell, your business is basically non-sense. Many people pursue businesses inline with their passion but don’t know how to do market research and sell their stuff. They end up losers. Again, no matter how good the product is, if you cannot sell, you will not earn in any business.
First thing to do to increase the chance of success in this business is to spend time finding the sweet spot where profitability and passion meet. You need to accept the fact that you cannot simply go all-in with your passion. Your business has to be profitable as well.
Your goal when selling online is to provide right products that solve people’s problems. You need to find people with problems and sell them the solution they need.
For you to sell, you need to be trust-worthy. To become trust-worthy, you need to give value to your customers. For you to give more value than your competitors, you need to have genuine passion to help. You need to understand what exactly your customers want to communicate the solution with larger impact.
Find your customer’s pleasure spots. Extract their hidden desires and fulfill it by selling them your product. The more you feed your customers’ desires, the more you can sell, the more you can earn whatever business you are in.
I previously wrote set of tips you can use in selling. You might want to read these tips below:
This business enabled a lot of people to earn full-time income while traveling the world. Blogging gave people the chance of earning true full time passive income, work anywhere with internet, become their own boss.
Because of the very lucrative income and great lifestyle blogging can give, many attempted to become digital nomads. However, not too many people succeed in this game.
If you want to become successful with a blogging business, you need to acquire the long-term perspective. This is one of the biggest reasons why many people in blogging fail. Because of this long term thinking, I managed to create blogs that earn more than not just 20k, 30k, but more than P50,000 every month.
If you want to know more about blogging, you can learn from the articles I wrote in this blog. I shared here my experiences how I started and what I did to earn more. You can also find guides if you want to get started with this business.
Start learning here:
- 4 Important Things You Need To Ask Before Starting Profitable Blog
- How to Earn P30,000 Monthly With Blogging
- How To Quit Your Job and Become a Full Time Blogger
3. Sell Online Courses
If you are knowledgeable in a specific field whether it be in business, sports, cooking, information technology, or just knowledgeable how to use a particular thing, you can earn from it by teaching it. You heard it right!
You can create an online course which you can sell online. Through this, you’re able to not just do the things you love but also the chance to earn serious money.
Good thing about selling online course is you do not need to repeat everything you said as compared to it’s offline counterpart. Every lesson is recorded and you can automate the payment as well.
Many students today don’t have the financial capacity to go to college and so many people now are enrolling with many online courses. Students can study at their own pace plus they got the chance to earn anywhere they want.
To give you some ideas, here are some of the most popular topics for online courses:
- Programming Courses
- Graphics Design
- Playing Instruments
- How to use a particular software
- Personal Development
- Health and Fitness
4. Photography Business
If you love taking photos and photography is your passion, you can make another stream of passive income by selling your photos online. There are a lot of people and businesses that are willing to pay good amount of cash for your unique images.
There are a lot of stock photo websites where you can easily submit your photos and sell them. Fotolia and Shutterstock offer good deals for photographers to passive income from the photos they shoot.
You can also build your own website where you can sell your photos. Keep in mind that it is important to focus in a niche so you can stand out from the crowd. You can check this list of websites where you can sell your photos online.
5. Affiliate Marketing
If you want to make money from few bucks to 5-figures or even 6 figures every month, you can never go wrong with affiliate marketing. Affiliate is basically an individual who earns commissions for selling physical or digital products.
One of the best things being an affiliate is you don’t need to create a product of your own to sell. You can always get good products-to-promote from online stores such as Lazada, Amazon, and many other websites that offers affiliate program.
Just sign up for an affiliate account in any online stores of your choice. You can start promoting by creating your own website or through social media channels. The commissions you can get usually reaches up to 8% depending on the type of product you are promoting.
How cool is that? It’s basically just share and earn type of thing. all you need to think about is how to reach more people interested with the products you promote.
Just like many other business model, you need to find a niche where passion and profitability meet. This is how you can become successful in this business.
6. Freelancing Business
There are a lot of services you can provide as a freelancer. You can start as a part-time freelancer then once you understand the ins and outs of your craft, you can go into full-time business.
Basically, to become successful in this business you need to network with people you can influence. You can ask for referrals from your previous clients, become an authority freelancer in your field, provide valuable information to your target market.
Present your self as the guy who can provide the right solutions to your market’s problem. You need to gain your prospects’ trust in order for them to be converted into customers.
You need to have your own workflow, a process to get things done smoothly. Here’s a list of general things to consider when creating your workflow:
- Client Acquisition
- Project Initiation
- Specs Generation / Deliverable
- Development / Milestone
- Project Closing
These things may change depending on your field.
To know more how you can make the most of your freelancing business, you can check out this post. I highly recommend all the tips written there. So go ahead and check it if you want to become a freelancer.
7. Writing Business
Writing is one of the online businesses you can start without any monetary investment at all. You can easily get started for free and it’s easy to get into this business.
There are many different types of writing you can choose from. However, if you want to become more successful in this, you need to focus on one type of writing and become an authority on that.
In writing, you can specialize with a specific topic or field. If you’re more adventurous, you can also cover wide range of topics. Listed below are the different types of writers:
- Article Writer
- Web Content Writer
- Medical Writer
- Technical Writing
- Resume Writer
Good thing about writing is you don’t need a degree just to become a successful writer. What you need is the ability to write well and accomplish the goal of what you are writing.
Proofreading, Proper grammar, research skills, proofreading, and different writing styles are some of the skills and experiences you need to learn in order to become a better writer.
8. SEO Services
One of the most adventurous and lucrative online businesses you can start at very low cost is SEO.
You don’t need a degree to offer services in this industry. What you need is working skills that can solve your clients problems and needs.
The demand for SEO services has been increasing over the past few years. More and more business owners are going online. For their businesses to be found on the internet, they need SEO services to get leads and clients.
SEO is basically the art of pushing a page of a website on top 3 of google’s result. Google’s top 3 result is where the revenue of a business typically generated.
If you want to learn about the basics of SEO, you might want to put up your own site, do some experiments, and learn from there. It takes time to gain the knowlege but it’s all worth the effort once you’re already earning 6 digits monthly in this business.
9. Graphics Design
If you’ve got some Photoshop and Illustrators skills, why not put up a graphics design business? There will always be a big demand for Graphics Design services. Whether it be for websites, magazines, videos, or logos, Graphic Designers will always be in demand.
To help you standout in this industry, there are different niches in graphics design business you can choose and start from. Here are some fields of specialization as a graphics artist:
- Mobile and Desktop Website Design
- Game Designer / Game Resources Designer
- Sales Page Design
- Magazine Design
- Featured Image Design For Web Content
- Graphics Content for Facebook Posts
- Logo Design
- Technical Illustrations
Just like many other internet business listed here, you can always start by gaining experience as a freelancer in different third party sites. Staring a business in this field only requires low monetary investment
Once you gained the required skills and established your portfolio, you can get yourself away from third party sites and create your own website. Working directly with clients can make you earn more than it is working with third party online job sites.
10. Web Development
For businesses to gain presence online, they need a professionally design website. Business owners therefore need web developers to set their online space for them. It’s now your chance to showcase your skills and ability and earn while having fun building websites.
Philippines has been the go-to place for many business owners with their web development needs. You can’t go wrong delving in to this business as Filipinos always have the edge over our neighboring countries.
You need to figure out where to focus your skills. Front-end development focuses more on the visual aspect of the website. Back-end development is more on functionalities of the website.
This is one of most exciting and adventurous online businesses because you need to cope up with the rapid changes in the web technologies. Constant learning is needed so if you enjoy always reading and learning stuff, this will be a fun business to start.
If you want know how to earn more in this field of business, you can check out this article. It’s a three-part article where I share some of the thins I’ve learned as a web developer myself.
There are lots of other opportunities and online business ideas for us Filipinos out there. You can search for more businesses on the articles below. The thing here is you need to audit yourself what you really want to do for the rest of your life, the things you’re really good at. You need to stand out from the rest of the crown in order to become an authority in whatever business you will take.
NEVER start a business whose only motivation is money. That’s not the way to do it. Start a profitable business that is built around your passion, interests, and strengths. This is how you can survive the waves of life being an entrepreneur.
DO NOT be a perfectionist. You don’t need perfect skills to start a business but you need to start in order to make progress and become better. Everything on the internet is fast changing and perfecting things is not a wise thing to do.
I would like to remind you that whatever business you are in, failures will surely come your way. You just need to persevere and learn from all the mistakes you’ll encounter and get better along the way.
You might want to read:
- Top 20 Online Jobs in Philippines That Are In-Demand in Upwork
- 5 Legit Ways to Earn Money Online in Philippines
- 101 Perfect Small Business Ideas You Can Start in the Philippines
- 8 Profitable Food Business Ideas in the Philippines 2017
- 12 Best Home Business Ideas in Philippines With Small Capital
- Small Business Ideas For Introverts and Shy People