5 Most Profitable Online Businesses To Start In 2024

4. Dropshipping

Number of Mentions: 5

Industry Net Margins (2022): 4.91%

According to our methodology, starting a dropshipping business is one of the most profitable online businesses in 2024. Dropshipping is a form of e-commerce business, where business owners do not have to hold inventory, implying cost savings for business owners. Some of the most popular products to sell include apparel, beauty products, home appliances, phone accessories, and office equipment, to name a few.