The ideas that have been picked for this list can be initiated promptly and without much difficulty. Before starting an e-commerce business, you must keep one thing in mind there are some online businesses that require limited startup money. Whatever you choose to start your online business with, you must gather knowledge about it and most importantly, you must develop a passion for it.
One of the greatest benefits of owning and running an online business is that maintaining and earning Money can be done remotely. It does not require the owner to be present physically for his or her company’s smooth operation all the time. Thanks to the advancement of the internet and technology, online businesses are more possible than ever. However, many entrepreneurs
wishing to start an online business lacks knowledge regarding what to do first or where to begin.
In order to be successful in your online business endeavour, the key is to find a business idea that matches your interests and abilities. It does not matter whether you intend to be a full-time or a part-time businessperson, you need to be very careful about your product or service. Your product or the service you are providing must satisfy the need of a specific group of customers. This article is a little endeavour for entrepreneurs who, with calculating minimal startup expenses, are trying to start an online business as quickly as possible.
1. Social Media Consultant
These days, social media is everything. The growth of a business depends on how it has been presented on social media. Big companies generally hire an agency or some full-time workers to utilise and manage their social media accounts, while small companies have to do it by themselves since they cannot afford the expenses. Many owners of large enterprises remain so busy with their main duties that they rarely get time for social media marketing. They are also often unaware of the significance of social media in the business industry. So, if you have adequate knowledge concerning social media marketing or a degree in this field, you can, as a social media consultant, support both big and small businesses in determining the most beneficial tactics for them, posting schedules and producing content for their target audience. If you help them accomplish their business goals, their businesses will flourish and so will yours. Although Facebook and Twitter are still the best in business, people nowadays are more into visual platforms like Instagram, Pinterest, Tumblr and Snapchat. If you desire to establish your consulting business on any of these visual platforms, especially on Instagram, you might require some photography skills, which should come in handy.
2. Niche Market E-Commerce Retailer
It is a well-established fact that there is a consumer for every product. It does not matter if it’s a pen or paper, a dog’s food or a cat’s. Someone is always there to order. Now, the question is why would someone aspire to become a niche market e-commerce retailer? Well, there are some privileges. A niche e-commerce site allows one to reach specific customers. Absolute freedom is granted to a retailer. Meaning, in a niche market, you can promote your own brand, and develop your credibility as well as expertise. If you are unsure about what to sell on your online store, try looking into social media to get some ideas. Nothing much, except a web hosting service with an integrated shopping cart feature or e-commerce software, is required to get started with your e-commerce business. Now, what about the shipping process? You can surely try giving this responsibility to agents, who, in exchange for money, do ship your products to consumers on your behalf. By doing so, you can actually minimise the quantity of stock you require to have on the spot.
3. Web Design or Web Developer
A passionate individual, who is creative and loves to work with the layout, visual theme, fonts and colour palette of a website, should pursue a career in web design. A freelance web designer without spending any money can actually earn a lot. It is going to be very tough to start your journey in this sector if you lack the basic knowledge and expertise. So, to do well in the field, you must learn the basics of web design and at the same time, become skilled at using the tools such as Adobe XD, Chrome DevTools and text editor software, which are very essential.
On the other hand, freelance web development is better suited to an individual who is exceedingly attracted to the coding side of building websites. In order to become a professional web developer, you must learn the basics of web development first. Along with mastering HTML, CSS or JavaScript, you need to develop a good eye for solving problems with creative solutions. To simplify the learning process, you can take a beginner’s course. Before starting on a large scale, practice your skills with small firms by building charming and easy-to-use websites for them. Finally, create a comprehensive portfolio, which you can show to your clients and convince them to hire you.
4. Content Writing & Blogging
Blogging is a very common online business idea and no doubt, almost everyone is a blogger, nowadays. However, this fact should not discourage you to start your online business journey with blogging. You should go for it if you are interested or committed to writing and have a thirst to quench by sharing your views and beneficial knowledge with others via writing. Blogging can be a very profitable online business if certain requirements such as consistency and quality are properly fulfilled and maintained. Although starting a blog is quite easy, maintaining it is such a tough job. To keep your readers or followers interested, you have to write regularly on your vlog or website and it goes without saying that you must provide high-quality content, specifically, the ones which either educate or inform or entertain them. As long as you can take care of these two points, none can stop the flow of your money. Moreover, on this platform, you can sell products such as online courses, digital coaching, e-books etc. Ad space or sponsored posts are also there if you wish to earn more money. In a word, this business is undoubtedly profitable, but you have to be patient while investing your time and energy throughout the journey.
5. Virtual Assistant
People with exquisite organizational talents and task management capabilities should become virtual assistants. And if you possess these skills, don’t think twice about it; be a professional virtual assistant. With a view to becoming one, you do not need any experience, although a bit of experience in this field will facilitate you on your path to success. A virtual assistant usually performs fundamental organisational assignments such as entering data or information on software, answering phone calls and making travel arrangements. Multiple platforms including TaskRabbit, Zirtual, Upwork and Fiver are available for virtual assistants to find and get their desired jobs. On these platforms, you can build your own online profile and specify the tasks that you aspire to perform such as data entry, web research, virtual support and so on. Once you start gaining clients, you will never be short of jobs. And, inevitably, the more jobs you get, the more money you collect.
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6. Affiliate Marketing
If you have a huge social media following, love writing reviews and have the ability to influence a community, affiliate marketing is for you. You can guide these talents to earn a big amount of money. As a matter of fact, many companies do not hesitate to pay heavily to an affiliate marketer if he or she can effectively advertise their commodities to people.
There are generally three levels of involvement in affiliate marketing. Firstly, you have unattached affiliate marketing, for which you don’t have to be involved directly with the product you are marketing. It is basically a pay-per-click campaign. Secondly, there is related affiliate marketing. Here, you may not have to use the product, but you have to show some influence and develop creative content on the product. Finally, we have involved affiliate marketing. This is probably the most effective level of affiliate marketing, because, it requires the marketer to use the product that he or she is promoting. Whether to consider affiliate marketing as your full time or part-time job, is totally up to you. But, bear that in mind, your accomplishment in this sector highly depends on how strong your social media or online presence is and if you have a personal website.
7. Remote Tech Support
If you know technology well enough to solve its various problems or if you have a degree in Computer Networking Technology or any technical degree that deals with computers and networks, you should consider yourself eligible for providing technical support to the desperate. Companies, generally the small ones, which cannot afford to appoint a full-time IT employee, always seek the assistance of a virtual technology specialist, if a problem occurs with their systems. In case of system failures or any issues with computers and networks, you can be a saviour for these companies by delivering them immediate remote technical support. The main challenge, however, in the remote tech support business is to find clients. One way to start gaining some is to be in touch with friends, family, near relatives and local business proprietors and try to eradicate their technical headaches so that they can recommend you to the persons they know. Another way to get clients is to build a catchy profile on famous online platforms like Upwork or Fiver with enough portfolios.
8. Web/App Developer
The modern era is the era of smartphones. With the increasing rate of smart mobile phones on earth, people are becoming more and more dependent on mobile apps. Therefore, if you are good at coding and have a brand new idea for a mobile application, maybe it is time for you to introduce yourself to the world by creating an app. Also, you can be a freelance app developer, developing specific apps for enterprises according to their demands. In order to build an application either for PC or mobile, you need to know at least two of such fundamental programming languages as JavaScript, PHP, SQL, Python, Ruby on Rails or iOS. You also need to learn, if you do not know, the fundamentals of software design. Once you have mastered those, you can go ahead with building an app. Nevertheless, if the basic knowledge or requirement is still absent in you, but your idea for an app is good enough to impress the world, do not be disheartened as many software developers will surely collaborate with you on producing that app.
9. Search Engine Optimization (SEO) Expert
There is no doubt that in the internet world of today search engines such as Google, Bing, Yahoo etc. are doing a great job to address a lot of users’ needs. But, nobody can deny that for a search engine it is almost impossible to cover all the demands of users. This is where the hope lies. If you are a talented individual possessing the necessary skills to build a search engine, you should wait no more to give it a try. There is a high possibility for you to become successful if your developed search engine can assist less knowledgeable persons in finding what they are looking for on the internet. In order to successfully satisfy users’ explicit needs, you must provide them with an option to apply some advanced scanning features like inserting parameters.
10. Dropshipping (eBay, Amazon etc)
In running an e-commerce business, storing inventory becomes a great challenge. In this regard, dropshipping can be a fantastic solution. By using dropshipping, you can ease the shipping process. After taking shoppers’ orders on an online shop, all you have to do is to forward them immediately to a third-party retailer for the fulfilment of the orders. To maximize your chance to become successful with the dropshipping business, you need to keep selling products at a greater rate than what you intend to pay to the third-party retailer.