2010 Best Internet Business Ideas and Trends!

In order to earn a residual income on the internet, you’re going to have to keep up with all the latest trends. Fads come and go on the internet, so just because one person got lucky with one of the best internet business ideas doesn’t mean you will. A few years ago, college kids were making thousands of dollars a day through the MySpace niche. Now, MySpace is nowhere near as popular as it once was, and people are cashing in on the demand for Facebook and mobile phone applications.

If you don’t know how to create apps, you can still make money in today’s market. Here are a few best internet business ideas for 2010.

Blogging

Blogging has been pretty popular over the past few years, and is growing even more so this year. Blogs are a lot easier to make and update than websites. There are many ways you can start a blogging business: you can earn money by allowing other people to advertise their blogs on yours; you can earn through a PPC campaign; you can earn by advertising affiliate products and services, etc.

Affiliate Marketing

You can always be sure that affiliate marketing can be profitable. However, you can’t always be sure about which products to sell. Sign up for a program that will inform you of all the latest hot selling products. In 2010 so far, popular niches include apps (as mentioned above), foreign language learning software, weight loss products and diet programs, “green” products, and dating how-to guides.

Run a Frugal/Discount Website or Blog

Since the economy isn’t the best these days, everybody’s always looking for ways to save. People are always looking for discounts and coupons. You can write tips on how to save on your blog; inform people when affiliate products go on sale; sign up for an affiliate at a travel discount site and promote offers on your blog; etc. It may seem strange that this is a best internet business idea, but these days, you really can make money by helping other people save theirs!

Video Marketing

There are many ways you can make money with video marketing. For starters, you can create advertisements for the products you’re promoting. You can actually SHOW people what they will be getting, while explaining to them the benefits they will receive if they order the product. The combination of audio and video is really effective in regards to sales potential. You can also create how-to videos and show people how to build or create things. This will get them interested in your business, and they will visit your site to learn more!

Simple Three-Step Internet Business Plan

If you want to start earning online, you need to set up a solid internet business plan. This is crucial because you need to treat your web venture in much the same way as a regular brick and mortar establishment. The good news is that you can follow a basic three-step guide to start the ball rolling.

#1- Get the right idea.

Every great venture starts with an idea. Ideally yours should revolve around a major point of personal interest. This should also be something that you are already an expert at. Don’t just stop at this stage though. Aside from fishing out that one idea that you are passionate about, you also need to find out if you have a market out there waiting for you.

Your internet business idea should be one that can offer you the potential to sell a product or service that a lot of people would want to pay for. To find out if your concept has the makings of a money generator, you should conduct both market and keyword research. One way to find out if people are interested is if there are global monthly searches registering for your keywords in keyword research tools. In addition, other online tools will also help you determine commercial intent which is an indication of the likelihood that people in your market will purchase when they search for your key terms.

#2- Learn how the web works.

After researching about your market, you next need to find out how the web works. This second step in your internet business plan is critical because online ventures operate differently from offline counterparts. There will be similar elements such as networking and marketing directly to prospects. Other aspects for example such as search engine optimization (SEO) and email marketing are a bit unique. You need to learn these from scratch.

To use techniques and approaches that are unique to web businesses, you need to have an online presence and network profiles. Creating social network profiles is easy enough but you will find website property creation a bit challenging. You might consider getting a skilled coder who is also well versed in SEO.

#3- Develop systems and outsource.

The third step in a good internet business plan is to develop systems. These are simply sets of rules and procedures for implementing and executing the different techniques and strategies that you employ for your business. With a good system, you can choose to hand over tasks to any staff member and you can be assured that they can do the job well as long as they follow your established system.

Part of your system should be guidelines for outsourcing. If you are able to create a procedure for successfully assigning tasks to overseas virtual staff, you will succeed at freeing up more of your time for more important concerns that you alone can tackle.

You can’t afford not to have an internet business plan of some sort. If you have no idea how to create one, these three steps should be more than enough to get you started. This is a basic guide in itself and all you have to do is to tweak it according to your circumstances and conditions.

5 Internet Business Ideas You Can Start From Your Home

Looking for profitable Internet Business Ideas you can start from your home? Here are 5 Business Ideas from my Idea Diary. Each of these ideas have three sections- The Niche Market it targets, What you can do for the target market, and revenue generation method for each business idea.

5 Internet Business Ideas for you to steal, brainstorm and profit:

Idea #1: Start a ‘Food Allergy News’ Newsletter

Niche Market: People suffering from allergy (On further research you will find several sub niches within this group)

What You Can Do: Write or Report about personal experiences/interviews, tips from people who are suffering or got relief from different types of allergy. Report about latest medical news and new product release, related to allergy. [Hint: Start your research with US govt. online resources.]

Revenue Generation: Post your newsletter online sprinkled with Google AdSense and related affiliate programs. When you have about 12-20 issues, select themed articles from your back issues and sale them as a separate package.


Idea #2: Food Writer’s Resource Guide

Niche Market: Food Writer’s/Cookbook writers

What You Can Do: Create a Newsletter for Food Writers. Accompany your newsletter with a paid resource directory for cook book Writers. The directory should be designed such that they can easily find things like -

resources neatly organized for researching about food , related marketing and articles submitting sites, listing of newsletters dealing with food and recipes where they can syndicate articles or advertise, etc. Your aim should be to save time for the Food writers and help them to find what they want to stay ahead in their market.

Revenue Generation:
Use your newsletter as a marketing vehicle for the resource directory. Depending on the content and design of your directory, you can charge $47-$67 per year.

Idea #3: Create an Online Distance Education Directory

Niche Market: Students (Adults) those who cannot afford to travel across the countries and are looking for long distance education.

Content Idea: Research shows that the demand for online distance education is increasing every year. Create a searchable database of distance education courses with the details of programmes offered by the various universities (eg- Different Canadian universities, Australian universities etc.). An useful additional bonus or an upsell will be a ‘how to guide’ detailing the step by step process about how to apply and enroll – an insiders viewpoint for overseas students.

Revenue Generation: Depending on the number of programmes you cover for each university and the details, you can charge $37 -$47 to access the directory. You can use this idea for any other niche where the people involved in the industry need to do a lot of research.

Idea #4: Create Family Vacation Guide (for a specific country)

Niche Market: Affluent families planning and looking for information about short trips or long vacations.

Content Idea: This is a fun project and if you love to travel it should be an easy service to start for foreign travelers visiting your country. You can write about places to see , what to do, tourist special attractions, culture and tradition , heritage tours of your country, culinary tours, historical tours of the region etc.

Revenue Generation :
Paid newsletter /Membership site . Additional revenue form ‘Insiders Travel Guide’ CDs.

Idea #5: Discount Travel Deals for Senior Citizen

Niche Market: Senior citizen (possible subniche -Single Women, Old couples)

Content Idea : Practical & timely info on vacations preferred by travelers in this age group. Information about the discounts and often things they can get free,with details about what age the discount is available for; possible value added service, physical addresses and contact numbers to easily get more information.

Revenue Generation: monthly/Yearly subscription based newsletter OR newsletters supported by advertisement and travel related Affiliate program.

There you go…

5 business ideas you can use as a base to start your research about what you need to do to implement these ideas or use them for brainstorming the possible variations.

However, ideas are of no use if not acted upon. You need to make an action plan and work accordingly. For more detail and complete Business Ideas and Action Plan check out the FREE resource box below.