Internet has changed the shape of the business industry completely. With all the digital technologies available nowadays, making money online has pretty much become a levelled playing field.
The truth about making money online is that anyone who has a computer can do it.
You don’t need to be a technical programmer or know how to write codes in order to build an online presence for your business.
Even websites can be made under 10 minutes with a few clicks – and, well – Google’s help. But probably the best part about making money online is that you can do it from anywhere in the world.
But what about business or marketing experience? Well, you don’t necessarily need any! All you need is a little bit of courage to take the first step and the will to invest time and energy into growing your business.
Okay great, so what about startup capital? How much money would I need to start? The answer is, not a lot. In some cases, you won’t need any money at all to get started.
Want to know what kind of business you can start to make money online without needing a lot of startup capital? Here are five of our favorite ways.
If you’re thinking of getting in the business of selling products online, one of the biggest concerns you may have is how you’re going to store all the inventory and handle deliveries.
With the drop shipping method, small business owners don’t have to worry about the logistics. Instead, they can work with ecommerce platforms like Amazon, eBay and Etsy to sell their products.
Through drop shipping, you simply forward your customer’s order to the wholesaler or manufacture, who then fulfils the order.
The biggest advantage of drop shipping is that you don’t need a large warehouse or a delivery team to fulfil customers’ orders. This keeps your business’ operation expenses low, allowing you to sell a motley of products.
Affiliate marketing is quite similar to drop shipping in a sense that it’s an ecommerce-based business model. But there are a few key differences. For one, you’re selling someone else’s product through digital marketing.
All you need is a blog (you can create one for free on WordPress) in a profitable niche. Now all there’s to do is partner with affiliate sites like Amazon.com and earn commission each time a reader clicks on the affiliate link for a product on your website and buys it on Amazon.
Blogging is that one niche that anyone can start making money from. We all have certain skills an experiences that others could benefit from.
So, why not share them through blogging? Whether you’re good at writing or helping people make money online (like we are!), there’s probably an area of interest that you’d like to pursue through blogging.
Thankfully, there are platforms like WordPress and blogger.com that allow you to create a blog for free. Once you’ve started building your reader base, you can use various methods like affiliate marketing and Google AdSense to make money online through your blog.