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#1 in Business Ideas

Did you know that in the past five years, there has been more than a 50% increase in the number of people who read newsletters?

Newsletters are one of the few things you can use to market yourself as a trusted expert. A well-written newsletter can educate your subscribers and build connections with them.

Email newsletters are a great way to connect with customers and potential customers. It’s a newsletter’s job to inform, persuade, and sell to your audience.

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  • The average monthly revenue for a newsletter is $3,000,000 (based on our case studies)
  • We estimate it will cost between $62 to $39,287 to start a newsletter
  • A newsletter would typically see a gross margin of 40%
  • The main growth channel for a newsletter is SEO
  • A newsletter usually works with a Subscriptions business model
  • The most popular tools used by newsletter founders are LiquidWeb, Cloudflare, Stripe
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#2 in Business Ideas

Starting a niche blog can be a great way to engage with a passionate online community by sharing your expertise on a specific topic.

The first step is to identify a profitable and underserved niche, such as fashion, video games, film reviews, cooking, and more.

Find your niche and create unique and informative content, such as articles, commentary, news, how-to guides, top product lists, convention coverage, video interviews, and spotlights.

To monetize your blog, gain visibility and followers, provide affiliate links, grow a YouTube channel, collaborate with relevant brands, and speak at events.

To succeed in niche blogging, you need to have a passion for your topic, create engaging content, and regularly engage with your followers.

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  • The average monthly revenue for a niche blog is $15,162 (based on our case studies)
  • We estimate it will cost between $62 to $38,161 to start a niche blog
  • A niche blog would typically see a gross margin of 80%
  • The main growth channel for a niche blog is SEO
  • A niche blog usually works with a Subscriptions business model
  • The most popular tools used by niche blog founders are Google Analytics, Paypal, Google Suite
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#3 in Business Ideas

Starting a hair product line can be a fun and profitable way to build a new income stream. It's also fairly easy, as long as you plan it out (and maybe do a little bit of market research before creating your sales funnel). There's a reason we often talk about trends in hip-hop and pop culture when we talk about hairstyles — they often have a lot to do with advancements in the hair product industry. The industry is expected to grow to 102 billion dollars by 2024.

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  • The average monthly revenue for a hair product line is $408,116 (based on our case studies)
  • We estimate it will cost between $62 to $41,323 to start a hair product line
  • A hair product line would typically see a gross margin of 70%
  • The main growth channel for a hair product line is SEO
  • A hair product line usually works with a Subscriptions business model
  • The most popular tools used by hair product line founders are Instagram, Hubspot, Moz
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#4 in Business Ideas

The iPhone is the most popular mobile device in the world. It has changed how we interact with information, entertainment, and communication.

The iPhone has also changed the way we interact with each other. Since its release in 2007, it has become a staple in most people’s lives. It is more than just a phone; it is a tool for staying connected to friends and family and creating new connections.

The iPhone app market is an ever-changing landscape of innovation: it’s not just about making something that works well; it’s about creating something that stands out from the crowd.

It would help if you had something that appeals to your audience to succeed in this market. This can be as simple as ensuring your app has a catchy name or as complex as developing an entire brand identity around your app’s functionality.

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  • The average monthly revenue for an iPhone app is $5,140 (based on our case studies)
  • We estimate it will cost between $62 to $58,260 to start an iPhone app
  • An iphone app would typically see a gross margin of 22%
  • The main growth channel for an iPhone app is SEO
  • An iphone app usually works with a Advertising business model
  • The most popular tools used by iPhone app founders are Slack, MailChimp, Jira
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#5 in Business Ideas

Dropshipping is a business model where you sell products to customers without holding inventory.

Instead, when a customer makes a purchase, you buy the product from a third-party supplier, who then ships it directly to the customer.

To start a dropshipping business on a budget, choose a niche or category of products you want to sell.

Next, set up an online store using platforms like Shopify or WooCommerce. Then, find reliable suppliers from platforms like AliExpress, list their products on your store, and focus on marketing and customer service to grow your business.

Remember to carefully manage your expenses and monitor your profit margins to ensure profitability.

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  • We estimate it will cost between $12 to $27,309 to start a dropshipping business
  • A dropshipping business would typically see a gross margin of 35%
  • The main growth channel for a dropshipping business is SEO
  • A dropshipping business usually works with a E-Commerce business model
Best Tools To Start A Dropshipping Business
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#6 in Business Ideas

The podcast business involves creating and producing audio content that people can listen to online.

It’s a popular form of entertainment and information-sharing.

To start a podcast business on a budget, you'll need a few key steps.

First, choose a niche or topic that you're passionate about and that has an audience.

Next, get basic recording equipment like a microphone and headphones.

Then, find a free or affordable hosting platform to publish your episodes.

Finally, promote your podcast through social media, online communities, and word of mouth to build an audience and potentially attract sponsors or advertisers.

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  • The average monthly revenue for a podcast is $103,107 (based on our case studies)
  • We estimate it will cost between $62 to $40,911 to start a podcast
  • A podcast would typically see a gross margin of 72%
  • The main growth channel for a podcast is SEO
  • A podcast usually works with a Subscriptions business model
  • The most popular tools used by podcast founders are Google Suite, Calendly, Canva
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#7 in Business Ideas

The global market for men’s grooming products is witnessing steady growth due to growing consumer preferences, and it is expected to witness a CAGR of 4.29% in the next few years.

Products such as shaving foams, face creams, after-shave lotions, and body sprays are among the highest in-demand men’s grooming products.

To start a men’s grooming products dropshipping business, high-quality research products, find a market, build a website and launch the business. Remember, as you begin the drop shipping business, people will come up with ideas. Listen to your customers, and implement necessary ideas to ensure the company is booming.

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  • The average monthly revenue for a dropshipping men's grooming products is $147,600 (based on our case studies)
  • We estimate it will cost between $62 to $70,547 to start a dropshipping men's grooming products
  • A dropshipping men's grooming products would typically see a gross margin of 70%
  • The main growth channel for a dropshipping men's grooming products is Brand Authenticity
  • The most popular tools used by dropshipping men's grooming products founders are Shopify, Google Suite, Pinterest
Explore 4 Dropshipping Men's Grooming Products Case Studies
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#8 in Business Ideas

A digital agency’s task is to make a business reach its advertising, marketing, or technology-related goals. Anyone with enough knowledge and passion for digital marketing can start and run a profitable digital marketing agency. With the proper skill set, the right tools, and the right mindset, you can start a successful digital agency.

The global digital agency market reached a value of nearly $305B in 2020. The future growth prospects of the digital agency market are projected to be high due to the rising population of people consuming and creating content through digital channels.

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  • The average monthly revenue for a digital agency is $291,303 (based on our case studies)
  • We estimate it will cost between $62 to $45,711 to start a digital agency
  • A digital agency would typically see a gross margin of 20%
  • The main growth channel for a digital agency is Word of mouth
  • A digital agency usually works with a Subscriptions business model
  • The most popular tools used by digital agency founders are Instagram, Twitter, Zoho
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#9 in Business Ideas

An online course business involves creating and selling digital classes teaching specialized skills or knowledge to subscribed students.

As an entrepreneurial course creator, you identify educational gaps around topics you have expertise in and develop engaging video lessons and supplementary materials.

With flexibility around self-paced or cohort-based structures, building a student base provides passive income potential.

For founders who enjoy information-sharing, launching an online course platform presents a lucrative way to monetize your instructional talents with small startup costs by serving eager lifelong learners seeking convenient access to emerging subjects.

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  • The average monthly revenue for an online course is $94,755 (based on our case studies)
  • We estimate it will cost between $12 to $14,959 to start an online course
  • An online course would typically see a gross margin of 75%
  • The main growth channel for an online course is Email marketing
  • An online course usually works with a Subscriptions business model
  • The most popular tools used by online course founders are Canva, WordPress, Google Analytics
Best Tools To Start An Online Course
  • Platforms: Teachable, Thinkific, Podia
  • Equipment: Laptop, Microphone, Camera, Lighting Equipment
  • Tools: Canva, Vimeo, Zoom, MailChimp, Hubspot
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#10 in Business Ideas

With the number of mobile phone users increasing, there are opportunities for accessory makers such as phone case manufacturers to make a profit. Building a business around making and selling phone cases is relatively easier to produce. You can print labels on-demand, starting with a lower risk, or buy them in bulk and sell them online.

The global mobile phone protective cover market is expected to reach 75.62 billion in the next few years.

Phone protective covers often make a statement and reflect a person’s social and cultural preferences. Phone case manufacturers take advantage of such considerations and keep their products relevant and up-to-date to attract a more extensive customer base.

Remember, as with any industry with a low entry barrier, there will be competition. Therefore, you must study customers’ tastes and preferences and offer customized phone cases.

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  • The average monthly revenue for a phone case business is $122,500 (based on our case studies)
  • We estimate it will cost between $12 to $27,309 to start a phone case business
  • A phone case business would typically see a gross margin of 40%
  • The main growth channel for a phone case business is Word of mouth
  • A phone case business usually works with a E-Commerce business model
  • The most popular tools used by phone case business founders are Wave, Twitter, Instagram
Explore 2 Phone Case Business Case Studies
Revenue
monthly
Case Study
Learn how they built it
1 $120K How I Started And Grew A $50K/mo Phone Case Business
2 $125K Selling One Million Phone Accessories
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#11 in Business Ideas

A drinkware brand sells home and houseware products like cups, koozies, mugs, and other drinking accessories. If you've decided to try and create a business selling drinkware, there are certain things you need to know. You can do it from the comfort of your own home. You can get started for free, avoiding the hefty cost of setting up a brick-and-mortar shop. And if you take advantage of the right marketing strategies, you could be on your way to making money within a few weeks. The demand for custom-branded drinkware in the workplace has increased substantially over the past decade.

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  • The average monthly revenue for a drinkware brand is $6,225,000 (based on our case studies)
  • We estimate it will cost between $62 to $38,161 to start a drinkware brand
  • A drinkware brand would typically see a gross margin of 45%
  • The main growth channel for a drinkware brand is Advertising on social media
  • A drinkware brand usually works with a E-Commerce business model
  • The most popular tools used by drinkware brand founders are Instagram, Shopify, Google Drive
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#12 in Business Ideas

A supplement business makes money by selling dietary supplements, vitamins, protein powders, and health foods to customers.

These products are often sold directly to customers or through distributors and retailers.

Your target customers will likely include fitness enthusiasts, health-conscious individuals, wellness influencers, and those who prioritize their nutrition daily.

Starting a supplement brand is becoming increasingly popular because it's relatively inexpensive, and you can run the business from your home.

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  • The average monthly revenue for a supplements company is $398,972 (based on our case studies)
  • We estimate it will cost between $12 to $27,309 to start a supplements company
  • A supplements company would typically see a gross margin of 25%
  • The main growth channel for a supplements company is Email marketing
  • A supplements company usually works with a E-Commerce business model
  • The most popular tools used by supplements company founders are Instagram, Facebook, Google Drive
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#13 in Business Ideas

A finance blog is a feature appearing as part of an online publication relating to finance and consisting of articles or personal commentary. A finance blog earns income through sponsored content or simple marketing programs. To succeed in business, a finance blogger should:

  • Have a good writing background
  • Understand the industry from a concept or fundamental standpoint
  • Be passionate about the topics
  • Be well organized and maximize the work schedule.

Starting a finance blog involves a low financial investment, while there is a considerable possibility for success. There are minimal overhead costs, saving you time and money. Therefore, starting a finance blog is an incredible business opportunity.

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  • The average monthly revenue for a finance blog is $194,736 (based on our case studies)
  • We estimate it will cost between $62 to $58,161 to start a finance blog
  • A finance blog would typically see a gross margin of 80%
  • The main growth channel for a finance blog is SEO
  • A finance blog usually works with a Subscriptions business model
  • The most popular tools used by finance blog founders are Quickbooks, Twitter, WordPress
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#14 in Business Ideas

Marketing agencies can be a great option for businesses looking to advertise in different ways. For businesses, hiring a marketing company can help them achieve success as they don't have to spend money on employees or needed equipment. Marketing agencies are not inexpensive and there are many different variables that come into play when deciding which one is the best fit for your business.

You want to start a marketing agency, but don't know where to begin. You're not alone, there are thousands of entrepreneurs across the globe that have the same ambition. Luckily for you, compiled a list of how other agencies were able to grow their agency and scale effectively.

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  • The average monthly revenue for a marketing agency is $284,154 (based on our case studies)
  • We estimate it will cost between $62 to $38,161 to start a marketing agency
  • A marketing agency would typically see a gross margin of 23%
  • The main growth channel for a marketing agency is Word of mouth
  • A marketing agency usually works with a Consulting business model
  • The most popular tools used by marketing agency founders are Instagram, YouTube, Google Analytics
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#15 in Business Ideas

An SEO agency is a company that provides search engine optimization services to businesses. The function of an SEO agency is to help businesses rank higher in search engines through organic or paid means.

SEO is a rapidly growing industry, with experts across all aspects of the field already making six-figure incomes and expecting to see these earnings grow dramatically over the next few years. Getting into SEO today, before it gets too saturated, will allow you to establish a strong base in a new career, with an excellent chance for success.

It’s easier than ever to start your SEO agency. The tools are there, and the competition isn’t as stiff as it used to be. If you’re considering starting an SEO or digital marketing agency, it might be a good idea to learn how other digital agencies succeed.

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  • The average monthly revenue for a SEO agency is $127,392 (based on our case studies)
  • We estimate it will cost between $62 to $58,161 to start a SEO agency
  • A seo agency would typically see a gross margin of 15%
  • The main growth channel for a SEO agency is Word of mouth
  • A seo agency usually works with a Subscriptions business model
  • The most popular tools used by SEO agency founders are Slack, Ahrefs, Google Suite
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#16 in Business Ideas

Life coach helps people in various areas of their lives using a combination of emotional intelligence, professional knowledge, and experience.

Life coaching is a popular industry worth over $2.85 billion, and the number of life coaches has increased by 33% between 2015-2019.

This is a very profitable business and can be started at virtually no cost. You’ll need a computer, a high-speed Internet connection, and a LinkedIn account to start. Then, you can begin coaching part-time in your spare time until you build up your clientele.

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  • The average monthly revenue for a life coaching business is $18,614 (based on our case studies)
  • We estimate it will cost between $62 to $38,161 to start a life coaching business
  • A life coaching business would typically see a gross margin of 32%
  • The main growth channel for a life coaching business is Word of mouth
  • A life coaching business usually works with a Subscriptions business model
  • The most popular tools used by life coaching business founders are ClickFunnels, Canva, YouTube
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#17 in Business Ideas

The children's clothing business has grown rapidly over the last few years, and in 2022 was valued at $263.30 billion.

Starting a children's clothing business gives you the opportunity to be your own boss while working in a field you enjoy. While you have to be prepared to work long hours and put in lots of hard effort, it can be extremely rewarding if successful.

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  • The average monthly revenue for a children's clothing business is $332,712 (based on our case studies)
  • We estimate it will cost between $12 to $27,309 to start a children's clothing business
  • A children's clothing business would typically see a gross margin of 47%
  • The main growth channel for a children's clothing business is Email marketing
  • A children's clothing business usually works with a Subscriptions business model
  • The most popular tools used by children's clothing business founders are Shopify, Google Drive, Instagram
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#18 in Business Ideas

A stationery business sells stationery products such as paper goods, notebooks, greeting cards, and envelopes.

The best part about starting a stationery business is that it's relatively easy and inexpensive to get started.

Since there are so many different types of products available in this industry, there are endless opportunities for creativity, customization, and expansion.

You could even start out small by selling your products on Etsy or eBay before opening up an actual storefront.

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  • The average monthly revenue for a stationery business is $29,560 (based on our case studies)
  • We estimate it will cost between $62 to $44,161 to start a stationery business
  • A stationery business would typically see a gross margin of 35%
  • The main growth channel for a stationery business is SEO
  • A stationery business usually works with a Subscriptions business model
  • The most popular tools used by stationery business founders are Google Suite, Google Analytics, Dropbox
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#19 in Business Ideas

The furniture industry involves designing, manufacturing, and selling various types of furniture for household and commercial purposes. With the increase in flexible workspaces and the real estate industry’s growth, the furniture business’s demand is boosted.

The furniture business is easy to start and does not require high investments. However, it is first essential to know your niche, for example, office, domestic, home furniture, and luxury items.

The furniture business needs a lot of preparation and prior knowledge. Taking business classes, learning about your local market, and making a solid business plan is advisable. In general, if your products are unique and one of a kind, consumers will be willing to pay a higher, including the shipping cost.

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  • The average monthly revenue for a furniture business is $124,080 (based on our case studies)
  • We estimate it will cost between $62 to $54,361 to start a furniture business
  • A furniture business would typically see a gross margin of 45%
  • The main growth channel for a furniture business is Word of mouth
  • A furniture business usually works with a E-Commerce business model
  • The most popular tools used by furniture business founders are Instagram, Canva, Pinterest
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#20 in Business Ideas

A meal preparation business is a service that delivers prepared meals to its clients in the comfort of their own homes. The meal preparation business is a fast-emerging niche that offers a real opportunity to earn good money. To succeed, the starter must be efficient in the meal preparation and ensure proper communication skills. Besides, the entrepreneur must keep time when it comes to delivery to avoid customer disappointment.

A global survey shows that demand for food delivery service is on the rise. This is as people get busier with their careers and other more important tasks, leaving limited time to prepare meals and bond with friends.

Therefore, starting a meal preparation business can be a great way to earn extra monies.

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  • The average monthly revenue for a meal prep business is $202,857 (based on our case studies)
  • We estimate it will cost between $12 to $27,309 to start a meal prep business
  • A meal prep business would typically see a gross margin of 35%
  • The main growth channel for a meal prep business is Advertising on social media
  • A meal prep business usually works with a E-Commerce business model
  • The most popular tools used by meal prep business founders are Stripe, WordPress, Quickbooks
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#21 in Business Ideas

Launching your own watch brand is a fantastic opportunity to tap into the thriving global market for luxury accessories and innovative timepieces.

By focusing on utilizing quality materials and distinctive designs that reflect your customer’s personal style and vision, you can develop an iconic brand identity and turn your passion into profits.

Whether you choose to debut a high-end mechanical watch collection or smartwatches with integrated technology, starting a watch company offers you the chance to make your mark on the wristwatch industry.

Through strategic branding and marketing efforts, your startup watch brand can capture market share and grow from a small business to a flourishing fashion empire.

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  • The average monthly revenue for a watch brand is $110,928 (based on our case studies)
  • We estimate it will cost between $62 to $79,161 to start a watch brand
  • A watch brand would typically see a gross margin of 45%
  • The main growth channel for a watch brand is Word of mouth
  • A watch brand usually works with a E-Commerce business model
  • The most popular tools used by watch brand founders are Google Drive, Zoho, Google Analytics
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#22 in Business Ideas

The global jewelry market size was valued at $278B in 2018 and is expected to reach $292B by 2025.

The industry comprises manufacturers, wholesalers, retailers, and jewelry designers. Unlike many other industries that have gone through leaps in technology, the jewelry industry has remained untouched for over 40 years.

If you know how to make jewelry, then this might be a great way to make some extra money.

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  • The average monthly revenue for a jewelry making business is $247,943 (based on our case studies)
  • We estimate it will cost between $12 to $21,840 to start a jewelry making business
  • A jewelry making business would typically see a gross margin of 43%
  • The main growth channel for a jewelry making business is Word of mouth
  • A jewelry making business usually works with a E-Commerce business model
  • The most popular tools used by jewelry making business founders are Instagram, Shopify, Etsy
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#23 in Business Ideas

Men’s fashion is an increasingly popular niche. Market research has revealed that the growth of the menswear market has outpaced that of the women’s market.

The market growth is likely credited to a cultural shift as more men focus on their appearances than before.

If you want to start a men-focused fashion line, 2024 presents the best opportunity. Men’s wear offers a wide variety of products, which increases the growth potential. To start a men’s clothing line, start by thinking about your clothing brand’s identity.

Then, identify the target market and understand what the customers want. The success of your men’s clothing brand depends on your marketing strategy.

You can reach a wider market with a mix of online and traditional marketing strategies.

More Details
  • The average monthly revenue for a men's clothing line is $40,111 (based on our case studies)
  • We estimate it will cost between $12 to $27,309 to start a men's clothing line
  • A men's clothing line would typically see a gross margin of 51%
  • The main growth channel for a men's clothing line is Email marketing
  • A men's clothing line usually works with a Subscriptions business model
  • The most popular tools used by men's clothing line founders are Shopify, Instagram, Facebook
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#24 in Business Ideas

The skincare business is a multi-billion dollar one, and it shows no sign of slowing down. New anti-aging products are entering the market at a nearly exponential rate, and the competition for consumers' money is growing more and more.

The industry was valued at 130 billion USD in 2021 and will expand at an annual growth rate of 4.6% up to 2030. This is surely a type of business that you should not miss. You'll need to build your creativity on your products and make sure that it is all safe and useful in improving the skin of your customers.

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  • The average monthly revenue for a skin care product line is $104,518 (based on our case studies)
  • We estimate it will cost between $12 to $27,309 to start a skin care product line
  • A skin care product line would typically see a gross margin of 70%
  • The main growth channel for a skin care product line is Word of mouth
  • A skin care product line usually works with a E-Commerce business model
  • The most popular tools used by skin care product line founders are Instagram, Paypal, Google Analytics
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#25 in Business Ideas

Freelance writing can be a good career choice if you are looking for a flexible online job.

Working as a freelancer gives you the flexibility to define your work schedule. You can work from home at any time. Freelance writers work across various niches, writing about various topics assigned by the client,

To earn good money as a freelance writer, you need the following personal qualities:

  • Strong writing skills
  • Ability to meet deadlines
  • Stay on the cutting edge
  • Be a self-starter
  • Be up-to-date with the current writing tools & writing trends
  • Proper communication skills
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  • The average monthly revenue for a freelance writing business is $47,963 (based on our case studies)
  • We estimate it will cost between $62 to $39,211 to start a freelance writing business
  • A freelance writing business would typically see a gross margin of 25%
  • The main growth channel for a freelance writing business is Word of mouth
  • A freelance writing business usually works with a Subscriptions business model
  • The most popular tools used by freelance writing business founders are Google Drive, Twitter, Paypal