Top 5 Online Business You Can Start With Zero Money
The best thing about starting an online business for the very first time is that it’s definitely a cheaper business option, and the majority of it can be done at the comfort of your home. Aside from making sure that your business entity is registered, all that’s left is to have a home office which is not even a huge requirement, an efficient internet connection, and several entrepreneurial knowledge.
In this article, we’ll be sharing with you some amazing online business ideas you can start with no money needed. So keep reading!
1. Drop Shipping Business
If you are not familiar with online drop shipping, your job as a small business owner to only focus most of your attention to marketing and advertising the products, find customers, and generate sales. Basically, you are not required to keep a huge inventory of items or manage any delivery to your customers. This is why it’s not going to cost you money because it gets rid of the financial cost and risk of getting a warehouse full of things you might not even sell, and the time of managing or sending orders all over the country or the world.
You won’t be required to store any products at all. Once you make that sale, the other tasks will be handled by others. The only cost you need to make is the marketing and advertising to get a new customer.
Once you finish this, you’ll be working with a company that’s expert in drop shipping.
2. Social Media Consultant
Do you love social media? Are you the social media savvy type? If you’re a creative, strong writer, and you like to stay updated with the recent social media trends, this is the ideal opportunity for you. Although, this may sound like a job and not a business, but once you get more clients, you can even start your own small business. A lot of business owners do not know how to use social media to establish and create a brand name and generate loyal online following. Some of them don’t even know how to use social media at all. You can offer them the social media skills you have and present to them your game plan, and how you can manage their social accounts and post updates to different platforms.
If you think this is your advantage, why not use it to start a business?
3. Online Shop Business
Have you been thinking of putting up an online shop? Do you find this idea exciting? Well, a lot of people are into this profession since it’s becoming more popular and made easier by the host of different websites that can help you become a successful online retailer.
If there’s a product you want to market, you want to make sure that you are knowledgeable in setting up a home-based business. Therefore, you may want to explore cross-selling sites such as eBay. You can try looking at Wix, Weebly, Shopify, and BigCommerce, although there is no doubt that there are so many other options for you to pick from.
With that being said, this is also one of the jobs that may necessitate you to have a small startup capital as you will have to purchase products to sell. If you are serious about this, it’s a good idea to earn a little amount that’s enough for you to begin an online shop. However, if it’s only a small startup, you may want to inform yourself about the benefits of getting business insurance.
4. Affiliate Marketing
Affiliate marketing is somehow the same to drop shipping we’ve previously discussed, however, there are several key differences. This is a type of e-commerce model where you don’t have to keep an inventory of your own products, and you don’t need to handle the shipments of the products to their customers.
What happens here is you choose a profitable niche for your online business, after that, you have to find an affiliate partner who has the items you need in that niche. These affiliate sites are Amazon.com, Clickbank.com, and CJ Affiliate by Conversant. They provide just about any digital information products including audio files, video files, ebooks, or physical products you may think of. Also, plenty of huge brands and companies like Home Depot and Wal-Mart run their own affiliate programs.
When it comes to affiliate marketing, you get to offer the products for sale, for instance, on your e-commerce or blog website. Every product has a rare link that connects you back to your account with your chosen affiliate partner. A possible customer who clicks on that link will be gone down to your partner’s shopping cart for check out. After they buy the item, that purchase action will be recorded and you will receive a commission on it.
5. Crafts and Art Business
Of course, we can’t forget in our list the artsy and creative people out there! If you are the crafty type who is talented in making handmade products in bulk, you would want to turn that into a hobby as a business.
There are still many people who patronize handmade goods, and there are sites like Etsy that can make it easier for you to sell your items for a very affordable fee. If you love to sew, knit, design graphics, create soap, make jewellery, or other paper products. This is an ideal business opportunity for you!
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