Online Business Ideas: What Are the Some Best Ideas in Singapore

best online business ideas in Singapore

Once you know about the best online business ideas in Singapore, 2019 will be the year that you finally create a successful venture. Internet penetration in Singapore is at an all-time high. Therefore, there’s no better time for you to start making money on the Internet.

Starting an online business gives you the flexibility and financial freedom that you cannot get from typical 8-5 jobs.  Nonetheless, a successful online venture requires significant investment in terms of time and money. Apart from putting up the necessary business structure, you will also need to focus on search engine optimisation, content marketing, and website optimisation. Here are some online business ideas to consider in 2019.

Start a Blog

Starting a blog has never been easier. This is due to the abundance of online resources on how to go about it. However, you can only generate income from your blog if you monetise it. Also, take note of the fact that the money won’t start rolling in automatically the moment your blog is set up.

To make your blog a potential income generator, you should consistently create quality content that attracts readership. The content should educate, inform, and entertain the target audience. Simply put, your content should capture the interest of your audience.

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Making your content shareable will help you reach an even broader market. This will attract advertisers, who will want to use your remarkable web presence for marketing their products or services. Similarly, you can make money by selling something via your blog. This could be ad space, digital products, eBooks, and sponsored posts.

Be an Affiliate Marketer

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Arguably, one of the best online business ideas in Singapore is affiliate marketing. You can earn a commission by promoting other brands online. Affiliate marketing can be done in two main ways. You can become an Amazon partner by signing up for the Amazon Associates Program. In this case, you will earn a commission whenever readers make a successful purchase via your website.

best online business ideas in Singapore

Similarly, you can make money when you promote information products such as video series, membership sites, and eBooks. From this, you can earn huge commissions of up to 50%. This form of affiliate marketing has low entry barriers. Likewise, you can easily find products and services to promote.

Start a Paid Membership Website for Offering Lessons

If you are proficient in a specific niche, you should consider starting a membership education site. You will earn money by asking users to pay money to get access to your content. If you are a health and fitness expert, for instance, you can make videos for sharing with your paid members.

When starting a paid membership website, you will only make money by consistently providing subscribers with quality content that adds value to them. You should also find a way of attracting as many subscribers as possible.

Establish an E-commerce Website

The number of online shoppers in Singapore has grown significantly in recent years. Starting an e-commerce website is among the best online business ideas in Singapore in 2019. With an e-commerce website, you can sell any product without worrying about cutthroat competition from other established online retailers.

If you have vast internet marketing experience, you will undoubtedly make money from your e-commerce site however small it is. Many established online retailers in Singapore have out-of-date and complicated websites. Therefore, you have the opportunity to capitalise on their shortcomings and create a functional and outstanding website.

There are tons of e-commerce websites in Singapore. Making money from this site requires a lot of investment and hard work. You must also identify and fill a unique niche, besides executing appropriate marketing techniques. This will go a long way in making your e-commerce website profitable. 

Become a YouTuber

The popularity of video content has grown remarkably in recent years. Be it on Facebook Live, Snapchat Stories, or Instagram Stories, videos seem to be getting more prominent every day. If you love getting behind the camera, there’s no better time for you to make money from the hobby.

Starting a YouTube vlog will help you provide valuable content to the target audience besides providing you with a profitable income-earning opportunity. The best part about being a YouTuber is that you do not need an expensive camera to shoot your videos.

You can simply start with a high-definition smartphone. By consistently providing valuable content, subscribers and advertisers will flood to your vlog, thus making it an avenue for generating income.

Make Use of Your SEO Skills

SEO entails getting websites to rank higher on search engine results. Websites that rank higher tend to get relevant traffic, something that translates in more sales. Being an SEO master is one if the best online business ideas in Singapore. Brands will always seek your help and pay handsomely for it.

Although SEO skills are highly valued, you always need to be on top of your game. Google continually changes its algorithms. Consequently, rules of search always change. By continually learning, being on the leading edge, and trying out new strategies, you will become a much sought-after SEO master.

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Try Copywriting

Copywriting entails delivering words strategically to stir the target audience to take action. If you have a passion for writing and you want to make money from it, copywriting could be your ticket to financial freedom. Advertisers and brands will always knock at your doors with requests to create compelling content for them.

Similarly, copywriting skills can help you in most areas of online entrepreneurship including affiliate marketing and building a blog. Once you know how to create compelling content, it will be easier for you to venture into these aspects of online business.

Conclusion

2019 presents numerous opportunities for you to start a successful online business. Having awareness about the best online business ideas in Singapore alone isn’t enough. You should be willing to take action.

There are dozens of online business opportunities to get started with. Nonetheless, you should only consider business ideas whose requirements meet your interests and skills-set. Once your business is set up, you will need a results-oriented digital marketing team that is focused on helping your business scale up . Get in touch with us for the best digital marketing services in Singapore. 

 

Author Bio

Tom Koh is widely recognised as a leading SEO consultant in Asia who has worked to transform the online visibility of the leading organisations such as SingTel, Capitaland, Maybank, P&G, WWF, etc. Recently he was instrumental in consulting for a New York-based US$30B fund in an US$4Bn acquisition. Tom is a Computational Science graduate of the National University of Singapore. In his free time he performs pro-bono community work and traveling.
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