Due to increased use of technology, anyone can start a money making business online. The internet being the equalizer, it has levelled the playing field. Today 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.
You can also live anywhere you want, set your own schedule, and work as little or as much as you want, depending on how fast or big you want your business to grow. No business or marketing experience is needed either. It’s a truly democratic medium for entrepreneurship.
The best part of starting a online business is , you can start running with no money at all because so many free services facilitate the possibility.
And this is just the start of the many available no-money e-commerce startup solutions. Let’s consider 11 of the top online and make money online with little or no cost at all.
1. Be an Online Freelance Writer
There are a number of niches to enter here: copywriter, content writer, journalist, ghostwriter, technical writer, academic writer, and more. It all depends on where your skills are and your writing preferences. It’s easy enough to create a profile and once you’ve decided on your niche, showcase your work samples on sites such as Fiverr and People Per Hour.
Freelance writing also includes ebooks and self-publishing books on sites such as Amazon Kindle Direct Publishing. The benefit of publishing books is the potential for passive income, especially with the right marketing. When you start cranking out those novels, this can easily become a full-time gig.
2. Start a Blog
If you have the expertise or a passion or interest for a subject, you’re ready to start making money with a blog.
You may think blogging is all about writing. And it can be if that’s what you want to do. But written blog posts are just the start. You can post photos videos, and links to other sites, you can even repost news and other articles… anything is game, really, as long as it relates to your niche.
They key is that you want to post original content that is useful to your target audience and to post on a regular basis. That is the best way to get ranked in the search engines and to also get your audience to take action.
3. Dropshipping
This is a favorite and it’s because it’s as easy as cereal for breakfast. You don’t have to give it much thought, there’s no office space required or warehousing. You simply need to set up a website, find your suppliers, and list the goods. The suppliers ship from their warehouses and you earn your profit. It really is as simple as that. What you may need to take heed of, however, is that you need to source out your suppliers as your business is only as strong as their commitment to the fulfillment process.
4. Start a YouTube Channel
While you’ll need to know which market you’re going to tap into, starting a YouTube channel can be a lucrative source of income. You don’t have to sit around and wait for sponsorship deals either. Income streams on YouTube can include ad revenue, merchandise, and revenue from YouTube Premium. In terms of gear, many start out with a good smartphone and an external microphone until their channel can pay for better gear.
5. Online Coaching
If you’re that guy that constantly teach others to do stuff then you have a marketable skill, Which could lead to a lucrative coaching career. Pay attention to what your loved ones say. You might find a certain task easier than others because you’ve devised a unique method or simply through experience. For instance, if you have a knack for starting up side hustles, you’re good at relationships, or you have a knack for organizing, those might be skills others would pay for. Package it into courses and making money online has never been easier.
6. Virtual Assistant
If you’re an ace at arranging family vacations and organizing your spouse’s calendar, then you’re already halfway there to becoming a virtual assistant. Virtual assistants can work remotely and the role is mostly freelance. The rate is per hour, which means that you’ll build your earnings relatively quickly. The best part? There’s no shortage of jobs for this at the moment. With the increase in work-from-home culture, you may land a few great gigs relatively early in your search.
7. Music production
Software such as Logic and Ableton allow everyone to have a go at music production. The best part is that music production is a highly lucrative industry as there is quite a high demand for clips, jingles, backing tracks, samples, and full tracks. Platforms such as Soundcloud make it even easier to market and sell your music.
8. Health Fitness consultant
Let’s face it. We want to look good (and be healthy) but get there with as little effort as possible. If you have a history of fitness and can incorporate it into online classes or exercise plans, you have a market. You may even tap into certain niches, for instance, developing plans for certain sports disciplines. Add a diet plan to the mix and you’re good to go. As long as you have all the right disclaimers in place, that is.
9. Sell on Amazon
You can sell your own products, products on arbitrage, or even wholesale items. Then of course there’s the no-stock option which allows you to earn an income from affiliate marketing where you earn a fee in promoting products on Amazon.
Amazon also allows you to sell professional services through its Amazon Services platform. These services include business services, events, and home maintenance. You can read on how to make money on Amazon
10. Become a Tutor Online
This is where you harness your inner capabilities and offer tutoring services. The more credentials you have, the more you can charge. Also, it’s worth knowing that if you have skills in a niche topic, you may get away with charging a little extra.
11. Create an Online Marketplace for local sellers
Local artisans and crafters often need markets to sell their wares. These markets aren’t pandemic or weatherproof which can result in a dent in their earnings. By creating a local marketplace online, the merchants have a marketplace and you have products you don’t have to manufacture.
