People are constantly looking for online business opportunities where they can invest money with high return. 2017 will surely be a big year for Malaysia’s ecommerce industry as more people will venture into digital realm to seek business opportunities.
And if you are one of those aspiring business owners who are looking to invest in the internet next year, here are some of the best online business ideas that you can invest in 2017:
1. Ecommerce Store
Number 1 on the list is ecommerce store. It doesn’t matter if you start your own ecommerce website or sell your product through a reputable online shopping website like Lazada or Best Buy, you can find lots of opportunities next year in the form of online shopping.
If you don’t have the budget to launch your own ecommerce store, you can find a list of online selling websites where you can list your products.
2. Graphics Design Services
Do you possess a talent for designing? 2017 will be a big year for you. Start utilizing your talent next year by offering graphics design services. Be it web design, logo, business cards, or whatever design service you can offer.
This is and will always be a profitable online business since there are hundreds of businesses in Malaysia that emerge every year and they sure want to have their own identity with their branding and design has a lot to do with it.
3. Online Hotel Booking Website
Tourism in Malaysia has been growing by leaps and bounds in the past years as the country is surrounded by beautiful islands of the Malay Peninsula and the island of Borneo. Beaches and rain forest also lure thousands of foreign tourists in the country.
This opens a huge opportunities for hotels as well as for online booking websites. All you have to do is to have partnerships with the nearest hotels around you or ideally all over the country. They will pay you based on the agreement you have with them but mostly it’s commission base.
4. Online Flight Booking Website
As tourism in Malaysia grows, business opportunities also follows. As tourists flock in the country, the demand for online flight booking rises. You can take advantage of this by offering a partnership with airline companies and earn commission money from online bookings. This is a good online business to invest since tourism has always been in demand.
5. Affiliate Marketing
Affiliate Marketing is always a big internet business around the world. There’s not much affiliate marketers in Malaysia despite thousands of products are being sold online. Affiliate marketing is a process which you make commission pay from whatever you sell online.
There are affiliate marketing websites that you can sign up to if you don’t find any opportunities near you.
6. Domain Buy and Sell
This one is pretty interesting. Buying and selling domains can bring a lot of money if done right. In Malaysia, thousands of people are looking to have their own business, and a website usually goes with it. Unfortunately for other people, the domain name that they want is already taken.
Take advantage of this by buying domains that have a huge potential to be a big brand and sell them. You can marketing them in Godaddy or other domain registrars that allow domain buy and sell.
7. Youtube Advertising
Yes you can earn money from Youtube. This is in fact one of the biggest online business opportunities today. All you have to do is to pick a topic that you want to focus and a good video camera for great video content. You can earn money from it by monetizing your videos provided that you don’t break copyright rules.
8. Event Website
Event listing website is a hidden gold in online business. You will be surprised on how many events are happening in Malaysia and how many people are looking for events to go to in the internet. Most of the time, the money comes from advertisements offered by ad networks. But the big chunk really comes from private partnerships or eventually becoming an online event marketing.
And it all starts with an event listing website that offers free listing for event organizers. If you don’t have any idea try to look this event website from the Philippines. And if you happen to look for events in Malaysia, this website is a go to one.
9. Online Freelancing
Be it SEO, article writing, or whatever freelance business you can invest to, online freelancing is one of the easiest business ideas you can invest to especially in Malaysia which has thousands of small business owners that don’t have the capability to spend fortune in digital services. Take advantage of this market by offering freelance services.