Million Dollar Online Business Ideas: Here’s How to Build Multi-Million Dollar Business in WordPress Arena
I believe you want to become entrepreneur. But don’t know where to start from.
Business idea is the foundation to entrepreneurial journey. No, any business idea can lead to become entrepreneur. But if you are serious to business, there is no lack of business ideas.
Business in WordPress arena can be one of the profitable area.
There is no doubt that WordPress is one of the most popular content management system in the World. It has over 70%+ market share in content management system and is increasing day by day. The market share of WordPress shows how huge opportunities business in WordPress arena has and will have in future.
Here’s Million Dollar Online Business Ideas just for you.
I believe that WordPress Theme business is one of the attractive business in the World. Because a single WordPress theme can change your status. If you can develop the best theme that your potential customers would like to purchase, that single WordPress theme can change your entrepreneurship journey.
Since the WordPress has been the best choice as a publishing software for most of the media companies in the World, It seems that no any content management system software can stop WordPress. So, there are huge opportunities for theme businesses.
The rise of WordPress has led to the rise of WordPress theme business too. If you can make the great team of designer and developers and implement unique marketing strategies, WordPress theme business can be multi-millions dollars business.
Actually, if there was not the role of plugins in WordPress, WordPress would not get succeed. Because plugin can add the functionality to core WordPress without modifying the core WordPress code. That functionality of plugin has added the more value to WordPress.
That’s why plugin business has been one of the profitable business in the world.
Revolution Slider is one of the familiar example which is making millions of dollars. We know how important the slider or photo gallery for websites, so for this, here’s Revolution slider plugin. Revolution slider plugin has been developed in such a way that it has a lot of attractive features that each website owners want in their website.
If you can make the best and essential WordPress plugin like Revolution slider plugin that will be important to all kinds of WordPress based website, the success in plugin business is not far away.
So develop the plugins that people like to have in their website and make millions of dollar from WordPress plugin business.
WordPress maintenance and support agency is another business that you can start. This type business can become multi-million dollar business. Because a lot of small to medium organizations are willing to work with this type of agency.
Whether you know it or not, regularly updating and managing the website is an important part of any business. Many business organizations may not have the time to do it on their own, or may not have the enough money to hire an in-house team to do it, but they see there are other ways to get support for their WordPress website.
That’s why here is WordPress Maintenance & support services agency business for that.
Why WordPress maintenance & support services agency? Because
– Business person wants to focus on business only activities.
Business person knows that anything that takes them away from their daily job will hurt their business. They want to focus on their main business — delivering a service to their customers and doing so in an efficient and consistent manner. But, they are aware of it that their website is an essential part of their business and it takes a lot to keep it up and running. That’s why they always look for the best and reliable agency to maintain and monitor their website so that they could put all of their attention into their business.
– Many small to medium business organizations wouldn’t like to afford to hire an in-house technical team to maintain their site.
Business person usually think how to do business with minimum expenditure. If they find the best to way to do something in cheaper rate, they always follow that path. We all know how expensive it is to hire an in-house technical team. And all business person knows about it. They also know how important the website is but they hesitate to hire an in-house technical team to maintain and monitor the site. They always look for the better alternative. Who will spend more money to monitor and maintain the website while there are a lot of alternative at a cheaper rate? The simple answer: No one. That’s why they always look for the best and reliable agency to maintain and monitor their website so that they could put all of their attention into their business.
WordPress maintenance & support services agency has the huge potential to make money. So I would like to request to start your own WordPress maintenance & support services agency and make decent amount of money.
Starting your own WordPress related tutorials website can be another way to make money online. Because most of the students have changed the learning method significantly in recent decade. In this modern internet era, everything is going to be based on internet. So for students, internet has been one of the powerful book for learning.
Over 1+ millions of WordPress tutorials related search are conducted each month on Google alone. So tutorial website/blog has great potential to make money online and make impression to millions of students in the world.
Over 70%+ market share of WordPress in content management system means that WordPress is huge these days. So many people want to make career in WordPress and they are looking for the best resources to learn WordPress. That’s why here’s huge opportunities for WordPress related tutorials blog.
If you can make the best WordPress tutorials blog and attract a lot of visitors, you will be able to make decent amount of money from this kind of blog. Using Google AdSense or other advertising network or joining to affiliate marketing or making premium theme/plugin development course etc. are the some of the ways you can make money.
Being instructor is another way to earn money online and grow your career into the next level. Actually, anyone is ready to spend money for their bright future. If any spending returns better life in future, we all are ready to spend on that. So education is no exception and people are always serious about their education and career.
Each day, thousands of thousand people enter in their professional life. WordPress being one of the most popular CMS in the World, many new students want to make their career in WordPress field as a theme developer or plugin developer.
That’s why there is the great opportunity for you in online teaching field. If you are one of the top theme developer or plugin developer, it’s your time to make the best video tutorials about theme development and plugin development to make money online.
Affiliate marketing is another way that you can earn money. Actually, affiliate marketing is the process of earning a commission by promoting other company’s products. So, to make money from affiliate marketing, you need to promote other’s WordPress related products or service.
To succeed in affiliate marketing related to WordPress, you need to create WordPress resources blogs. Writing reviews on themes or plugins is the best way to make money with affiliate marketing in WordPress field.
We all know the behavior of customers. Customers always look for the reviews about the product that they are going to purchase. Once you can attract new potential buyers in your WordPress related resources blog, there is more chance of earning money from affiliate marketing.
There are a lot of WordPress related items/products that you can refer to your visitors to earn money online.
Items/services you can refer to your visitors:
– WordPress themes, WordPress plugins, WordPress hosting service etc.
For themes and plugins
– Envato marketplace, Mojo marketplace, Template Monster etc.
For WordPress managed hosting service:
– Bluehost, Hostgator, Godaddy etc.
To succeed in affiliate marketing, you need to be patient. You can’t succeed immediately after starting blog in affiliate marketing. Because it takes time to succeed. So start WordPress related resources blog and make money from affiliate marketing.
I am surprised to see the cost of website. If you go to any web agency for the website, they will probably charge you over $5,000 dollar. But if you know the basic WordPress, you can build your own website in the range of $50 to $60 excluding the hosting price. Because there are a lot of WordPress themes available in that range.
Now you can see how much difference the cost of the website has been.
More than 40%+, small to medium businesses have no website in the world. But it does not mean they never want website for their business. There are many reasons about it. Some organizations think that it is difficult to maintain website, some other think they simply don’t need the website for their business and some other think it costs so high and so on.
Despite many reasons, one of the notable reasons is higher cost. For small to medium business, spending around $5,000 on website can’t make them happy.
Of course, agencies want to charge higher cost but if you start your own web agency and set lower price than some established companies, imagine how successful your web agency can become.
Keeping in mind that strategy, starting your own web agency can become another best way to make money.
WordPress has over 70%+ market share in content management system and it is growing exponentially. It seems that there is no any best alternative content management system to stop the WordPress.
The popularity of WordPress shows that it will capture most of the market share of website in the future. I guess that everyone who will create website for their business will be based on WordPress in the near future.
The popularity of WordPress has opened many business opportunities for entrepreneurs. Managed WordPress hosting is one of the opportunities. Since WordPress has gained a lot popularity in the world, there is bright future of managed WordPress hosting.
This time, a lot of established hosting companies are offering the managed WordPress hosting service. And some of the new companies are working in managed WordPress hosting. That strategy of established companies shows how potential the managed WordPress hosting will be in the future.
So by analyzing the strategies of the already established hosting companies, you can start your own Managed WordPress hosting business.
I think these 8 ways are the best ways to make money online.
If you want in depth about the strategies on each, you can find the details in my ebook which has been published on Amazon.
Buy from Amazon: Kindle Edition
Originally published at buzzmedium.com on July 24, 2017.
