2020 has been one of the most significant opportunities for online businesses to flourish. With the massive number of people staying at home, there’s very little to do except for surfing the web for work or entertainment purposes. Some online businesses have been making tons of money by capitalizing on this situation. While large enterprises were the ones to win the biggest share, there is still plenty of space online. When you learn about their tricks, you’ll realize that it’s very easy to jump aboard the bandwagon and make some money yourself.

1. Amazon

Since online shopping has become increasingly popular, Amazon has been able to make upwards of $88.2 billion this year alone. This has incentivized a lot of people to create their eCommerce businesses that abide by Amazon’s terms of service. The way that it works is by spending a lot of time researching different products that can yield a good profit margin. After that, you usually use one of the best Amazon seller tools that help you manage orders, collect reviews, and streamline the entire process to save you a lot of time. Since there are tons of seller tools out there, researching the one that’s going to give you the tools that you need for the best possible price might take a while. Make sure you read reviews about any Amazon seller tools that you’re interested in before making your final decision.

2. Squarespace

This year has shown every business owner the importance of online presence. With most people staying at home, marketing to them heavily relies on creating a good-looking website that attracts more customers. Most business owners didn’t know how to create their websites, so they started paying web designers to do it for them. Squarespace is a website building tool that most businesses use to create their websites and manage them to prevent any technical difficulties.

Web developers started their businesses and rapidly expanded because of the high demand currently in the market. Learning how to design a website isn’t very difficult either, as there are tons of courses online that can teach you how to do it within a month. Since most businesses have slowly begun prioritizing online presence instead of expanding their offices, learning this valuable skill will make finding a job a lot easier.

3. eSports

Yes, as surprising as it is, online gaming is one of the most profitable jobs out there at the moment. There are many different ways that you can monetize online gaming, as long as you do it the right way. Creating entertaining original content for viewers to watch on the biggest Youtube and Twitch, which are the two biggest platforms for gamers, is one of the primary ways that you can make money through gaming.

If you spend enough time mastering a game, you can even enter professional-level teams or get sponsored by large companies that pay you thousands of dollars to use their equipment. The entry-level for becoming a competitive eSports player is quite high, requiring thousands of hours spent on honing your gaming skills to get into a mid-tier team.

Learning intermediate game design and coding can also help you score a well-paying job, as the largest game developing companies usually pay their staff very generously. It may take some time to get to the level of game development that they require, but once you do, you can easily qualify to work in one of the most successful industries in 2020.

4. BloggingPro

Whether it’s marketing, copywriting, or simply blogging, writing has become a very profitable business that many other businesses rely on to supply their original content. Large companies from all over the world outsource their written material from freelance writers or writing businesses to assure the highest quality they can get. Outsourcing companies like German PEO from GlobalPEO.com provide top-notch freelancers for your writing needs.

This has become increasingly common for small and medium businesses as websites are now expected to provide important information related to the products or services that they sell. This helps inform any potential customers who are unaware of the uses of some products/services, making it an essential marketing tool to use for any online business.

This year has shown businesses from all over the world, just how profitable online businesses can be. Newly launched online companies have been able to make hundreds of thousands of dollars within a few short months by utilizing existing online tools to help them launch a lot faster without encountering any issues along the way. One thing that all online businesses require is a heavy amount of research that’s constantly conducted to figure out who the target audience is and the best way to approach them virtually.