What is the next profitable online business ?
Posted on May 22, 2008
Filed Under starting up |
There are a million and one profitable business opportunities available online. There are a lot of things to get involved in online. There’s profit that can be made, honestly, with hard work online. But thats not what this post is about. Posts that are solely about that are two-for a penny on the internet – so I won’t bother you with another one.
It occurred to me that the online business world is basically defined by eras. Each era is characterized by a new idea or concept. Advertising, search engine optimization, search engines , news, gaming, blogging etc But there usually is some big idea that pops out of nowhere ( seemingly ) and then suddenly becomes extremely profitable – making huge profits for the people who hitch a ride on the band wagon early. Eventually too many people get in and profitability dwindles, funny enough, some people make their own money helping people who want to catch on to the bandwagon ( search engine marketing is an example ), and the probability of making some decent bucks fizzles out. This is the usual cycle for the profitability of any online business.
Its obvious that those that get the best deal are those who get in at the beginning. Most of the ‘hot new’ ideas online for profitable online businesses are basically re-packaged ones. So I wondered to myself, whats the next big thing ? What’s the next profitable online business with a decent probability for success? How do you get in at the beginning ?
And thats how this post was born. Basically I doubt that any one will come up with that one idea, but I feel a good number of ideas shaken together , looked at from a different perspective and maybe marketed to a different niche could just be it for some one. In other words I feel that the next big thing is scattered on jotpads, notebooks, minds, computer screens and every other place people leave fragments of their thoughts. So I’m asking everyone to throw in their ideas that for some reason have not yet seen the light of day. Feel free to drop them in as comments. Who knows you just may get some feed back that’ll send the dollars pouring in. I’ll pick the really interesting ones, and write posts about combining them with others to spurn a profitable online business.
Now while one person reading this post may not have the big answer, I think if everyone throws in their little ’spark’ somehow by putting two or three ideas together everyone can come up with their own ‘fire’. Feel free to drop a comment about where you think the online business world is headed. So good luck to you and happy commenting.
I’m offering something special to the best idea . Keep your fingers crossed.
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Comments
3 Responses to “What is the next profitable online business ?”
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It is an interesting but difficult task to try foreseeing what will come next. I read some speculations about Web 3.0 and what it might be about but I think in order for us to attribute the change as mind/life shaking, it needs to be something completely different in approaches how people use Internet.
My opinion that the ongoing trend will be provding a higher customization for each user tracking his/her preferences individually accross various online services, including geo tagging.
Hi Andrew!
I think I like your own perspective. For starters, if you had a way bloggers could open and maintain accounts with the diggs, stumbleupons and squidos of this world from one web site I think you’d get every blogger and potential blogger jostling for an account.
Thanks a lot for dropping in and commenting
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