In today’s digital age, starting an online business has become an increasingly popular way to earn extra income or even replace a full-time job. With the internet connecting people from all over the globe, the opportunities for online businesses are endless. If you’re in the Philippines and looking to make 50,000 Pesos per month with an online venture, here are the top 7 online business ideas for 2020.

1. E-commerce Platforms:
Setting up an online store has never been easier with e-commerce platforms like Shopify and WordPress. You can sell various products, from clothing to homemade crafts, to a wide customer base. With the right marketing strategies, your business can quickly gain traction and generate a substantial monthly income.

2. Digital Marketing Services:
As more businesses recognize the importance of online presence, the demand for digital marketing services is on the rise. If you have knowledge and skills in search engine optimization (SEO), social media management, or content creation, you can offer these services to clients and market them effectively. This business idea offers flexibility and the potential for high earnings.

3. Online Tutoring:
With the popularity of remote learning, online tutoring has become a lucrative business opportunity. If you excel in a particular subject or possess specialized skills, you can offer online tutoring services to students across the globe. Platforms like VIPKid and Teachable provide excellent avenues to connect with potential clients.

4. Dropshipping:
Dropshipping eliminates the need for inventory by allowing you to sell products directly from suppliers to customers. You act as an intermediary, handling marketing, sales, and customer service while the supplier handles shipping and delivery. This low-risk business model can generate a healthy monthly income with minimal investment.

5. Online Freelancing:
With the rise of remote work, freelancing has become a popular option for those looking to work from home. Websites like Upwork and Freelancer connect freelancers with clients seeking various services such as writing, graphic design, programming, and more. The earning potential largely depends on the freelancer’s skills and dedication.

6. Affiliate Marketing:
Affiliate marketing is a performance-based business model wherein you promote other companies’ products or services. You earn a commission for every sale made through your unique affiliate links. To succeed in this business, you need to build a strong online presence, select the right products or services to promote, and implement effective marketing strategies.

7. Content Creation:
If you have a passion for writing, creating videos, or graphic design, you can monetize your skills through content creation. Platforms like YouTube, Medium, and Instagram allow you to reach a broad audience and earn money through ads, sponsored content, or selling digital products. Consistent quality content is key to building an audience and generating income.

In conclusion, the opportunities to make 50,000 Pesos per month with online businesses in the Philippines are vast. With determination, hard work, and the right approach, these top 7 online business ideas for 2020 can help you achieve financial success from the comfort of your own home. Start exploring your options and take advantage of the digital world we live in today.

FIND: Turnkey Businesses

LEARN: How To Make Money Online

HOW TO: Work From Home

REVEALED: Affiliate Marketing Basics