Based on what I have seen the top two are Location Based Services (LBS), secondly is an app development.
If you search out for LBS you will find more information. Apart from selling this directly focus on something new. Like if there is a building with many floors, how many people actually know how to exit the same when there is a out break of any kind? Mostly all of then have mobile devices handy these days. If there is a possibility to track them real time and to guide them out it would save lives.
App Development, with a difference. Think of it this way. If there is an app that has options on what you want to do today example go fishing. And you have absolutely no clue of the same. From there the app can give option like:
1) Interactive e-book with links to video clips embedded
2) If there is an expert near by. Can you app help connect you with that expert...
3) I know what I want, where can I get all of these?
There is no universal answer for you. Any business can be successful, depending upon the experience, marketing skills, market conditions, your perspective and services which are unique and innovative. People have made fortune from business which is unheard. Some people can make profit from the soil. You must know your thoughts and ability to succeed. No one can be better judge than you. Your passion and ability etc. Any good innovative idea, you feel appeal to you, concentrate and be after that, success is in your hand. You know the answer yourself. Pradeep Berry
As of the current state of business market, making a name for your business is something one should take for as an easy game. I think, as an answer for your question, any ebusiness have fair chance on being the most profitable. Why? With the way of marketing plans have evolved, so as the probability one can acquire as long as they have the skill, knowledge and of course the courage to stand firm no matter how a problem strike it down.
The most valuable one I am seeing is Online shopping, travel booking sites. As long as there is potential for scale, the values goes up even though margins may not be sufficient and infrstructure costs keep scaling in step ladder form.
Ebrima, It's too wide a question.
It's like asking whats the best way to ride a bike. or to learn how to swim. or how do i grow.
Some good comments, relate to passion, focus,
Some people take their hobby and tune that into a business.
Others look for ways of helping people and turn that into a business.
Others see opportunities and turn that into a business.
Some people think, someone should make something to do this or that and turn that into a business.
Some people catch the latest trend / wave and capabilities on that for a short time, then move on to the next big thing.
What do you want to do.?
How long do you want to be doing it?
How much $$$ do you want to make.
If you were to ask me "How do I quickly get some $$$$, I may say "Rob a Bank"
you will get bag fulls of cash very quickly, but there is a cost.
Your question although interesting required more detail, I'm sorry to say buy vague questions can only product very general responses.
I think Eric D. answer sums it up in General.
In particular, things that seems to always have high demand are:
1.Women clothes (women LOVE clothes)
2. Electronic and gadgets
3. Any products that kids want, and that parents feel bad when not buying them for their kids :)
Another option is to look for trends, like popular music bands products for example, but this will last as long as the trend is trendy.
In general, it's a great simple question with a very complex answer :)
Hi Ebrima Very good question!
What Edison say : you need and try 1000 things and make mistake then you will find out.
A profitabel e business is the chimistery between you and the business.
Hear what the peopel say and go with your own feeling.
The most profitabel ebusiness is to start the Gon With The Wind.
OK, sounds like a joke but consider that people buy what they want and if you focus on the deepest emotional wants (and/or fears) you'll have a ready market.
As for profitable product - information.
1.To me the most profitable business to start would be a venture that stimulates you and gives you the satisfaction. I wouldn't go into a business solely based on how much I can earn from it in financial terms because I dont want to do something I dont enjoy most of the time. You cannot equate financial considerations with being happy doing things you like to do.
2. I am a big fan of Amazon ,Ebay, Drop shipping and the like. But you need to identify what market you want to be in. You need to research the different eMArkets on the web and believe me there are many. Research what people are buying the most(Google Analytics will help) and source the best markets to buy that product from and find a buying market for your products/ services.
3.There are millions of websites doing eBusiness so try to look for the leaders among them and see how they operate. It pays to copy a success story remember.Tread your own path. All the best.