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Ask HN: What kind of online business is most profitable?
From the things you buy, the information you consume, everything is now online. So, I've been researching about the profitable online business that I can start with. Any tips, recommendations, suggestions are all appreciated.
- ketanmaheshwari 6y agoA guy in my hometown does seasonal business (real-world though). Sells merchandise based on the seasonal demand such as festivals, weather, special events such as election etc. I always thought an online store to sell seasonal items specific to an area such as a state might be a good viable and manageable venture.
- IamZeroBalance 6y agoThat's nice! But do you think is it a better source of income as I am looking for income throughout the year? Thank you!
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- ThePhysicist 6y agoSelling digital goods that don't require continuous maintenance or services, if you can make it work. Things like Tailwind CSS, game assets, courses, books etc. The caveat is that it's not easy to produce something great, but if you're good at what you do and if you have built a large followerbase on social media it can work I think. Like games, movies, music etc. it's a hit-driven business though, so Paretos' law applies to it (90 % of overall revenue will be generated by 10 % of the products).
- IamZeroBalance 6y agoI am curious about that Pareto's law as I never heard of that before... Thank you by the way!
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- MrDresden 6y agoI had not heard of Pareto principle before, thank you for bringing it to my attention.