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Looking for profitable Internet Business Ideas you can start from your home? Here are 5 Business Ideas from my Idea Diary. Each of these ideas have three sections- The Niche Market it targets, What you can do for the target market, and revenue generation method for each business idea.

5 Internet Business Ideas for you to steal, brainstorm and profit:

Idea #1: Start a 'Food Allergy News' Newsletter

Niche Market: People suffering from allergy (On further research you will find several sub niches within this group)

What You Can Do: Write or Report about personal experiences/interviews, tips from people who are suffering or got relief from different types of allergy. Report about latest medical news and new product release, related to allergy. [Hint: Start your research with US govt. online resources.]

Revenue Generation: Post your newsletter online sprinkled with Google Adsense and related affiliate programs. When you have about 12-20 issues, select themed articles from your back issues and sale them as a separate package.

Idea #2: Food Writer's Resource Guide

Niche Market: Food Writer's/Cookbook writers

What You Can Do: Create a Newsletter for Food Writers. Accompany your newsletter with a paid resource directory for cook book Writers. The directory should be designed such that they can easily find things like ' resources neatly organized for researching about food , related marketing and articles submitting sites, listing of newsletters dealing with food and recipes where they can syndicate articles or advertise, etc. Your aim should be to save time for the Food writers and help them to find what they want to stay ahead in their market. Revenue Generation: Use your newsletter as a marketing vehicle for the resource directory. Depending on the content and design of your directory, you can charge $47-$67 per year.

Idea #3: Create an Online Distance Education Directory

Niche Market: Students (Adults) those who cannot afford to travel across the countries and are looking for long distance education. Content Idea: Research shows that the demand for online distance education is increasing every year. Create a searchable database of distance education courses with the details of programmes offered by the various universities (eg- Different Canadian universities, Australian universities etc.). An useful additional bonus or an upsell will be a 'how to guide' detailing the step by step process about how to apply and enroll - an insiders viewpoint for overseas students.

Revenue Generation: Depending on the number of programmes you cover for each university and the details, you can charge $37 -$47 to access the directory. You can use this idea for any other niche where the people involved in the industry need to do a lot of research.

Idea #4: Create Family Vacation Guide (for a specific country)

Niche Market: Affluent families planning and looking for information about short trips or long vacations.

Content Idea: This is a fun project and if you love to travel it should be an easy service to start for foreign travelers visiting your country. You can write about places to see , what to do, tourist special attractions, culture and tradition , heritage tours of your country, culinary tours, historical tours of the region etc. Revenue Generation : Paid newsletter /Membership site . Additional revenue form 'Insiders Travel Guide' CDs.

Idea #5: Discount Travel Deals for Senior Citizen

Niche Market: Senior citizen (possible subniche -Single Women, Old couples)

Content Idea : Practical & timely info on vacations preferred by travelers in this age group. Information about the discounts and often things they can get free,with details about what age the discount is available for; possible value added service, physical addresses and contact numbers to easily get more information. Revenue Generation: monthly/Yearly subscription based newsletter OR newsletters supported by advertisement and travel related Affiliate program.

There you go'

5 business ideas you can use as a base to start your research about what you need to do to implement these ideas or use them for brainstorming the possible variations.

However, ideas are of no use if not acted upon. You need to make an action plan and work accordingly. For more detail and complete Business Ideas and Action Plan check out the FREE resource box below.