There are plenty of tools you can use to build an online business that makes the technical work a lot easier than it was in the past. No business or marketing experience is needed either.
Unlike a brick-and-mortar business, you don’t need a lot of start-up capital, we can get many internet businesses up and running with no money at all because so many free services facilitate the possibility. Below are five of the top ways to start an online business and make money online with little or no cost at all.
- Drop Shipping - The only thing you have to focus on is marketing and advertising to find the customers and make the sales. Your only cost is the expense of marketing and advertising to acquire a new customer. With drop shipping, you can offer a wide range of products, so the operating expenses for your business are super low.
- Affiliate Marketing - is somewhat similar to drop shipping but with some key differences. This e-commerce model, you again don’t maintain an inventory of your own products, and you don’t have to worry about shipping products to customers. Basically, you pick a profitable niche for your online business, and then you find an affiliate partner who has products available in that niche. All you have to do is focus on paid and free ways to market your online business.
- Blogging - a service like Blogger, you can start up your blog totally free. You can also create your own site and secure your own hosting for a low price, which is generally the route I recommend, as many free blogging sites have restrictions on what you can say or do, including making money or advertising. You just need to get a code from Google, place it on your website and the ads will automatically appear on your blog. With a blog, you can integrate advertising with content to make it even more likely you’ll get the sale. This is key to building a following and making your blog a profitable venture.
- Online Video - You can leverage YouTube’s reach to make money online. you’ll be following a proven strategy for maximizing views of multiple videos on a regular basis. You’ll be creating useful content—something engaging that people want to watch. And it works in many, many different niches. Another opportunity to make money with a YouTube channel is through paid sponsorships.
- Product Information - digital information products are one of the easiest and quickest ways to make money. Be really creative and make any type and format of content, as long as it’s engaging and useful.
Ref: By, BRIAN EDMONDSON : https://www.thebalancesmb.com/start-online-business-with-no-money-4128823
