Wednesday, 13 May 2020 07:37

15 online businesses you can start with little or zero capital.

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  1. Create a digital product

If you are knowledgeable about a subject matter, and you would like to share your knowledge. You can create a course in video, audio and pdfs and sell on platforms like Udemy, clickbank or through whatsapp with the help of a software called Teachable.

  1. Start Vlogging

Vlogging is fast replacing blogging and sites like YouTube have made Vlogging easy to start. The idea is to pick a topic you know people will be interested in, vlog about it and when your audience starts warming up to you, you can sell whatever product or service you have to them.

  1. Facebook Marketing

You can learn how to run Facebook Ads online for free, watch videos online and experiment to be sure you understand it. Then, reach out to small businesses, family and friends and help them with marketing their product and services on Facebook.

  1. Become a Sales Funnel expert

This is one of the hotcakes in demand in this period. Learn about sales funnel and how to get a customer from the awareness stage of marketing to the action stage where they eventually convert. When you get a good grip of how it works, you can then start selling your services as an expert in sales funnel.

  1. Copywriting

A good writer will always be in demand. Writers that can evoke emotions and convince people to patronize your business are gold. You can start selling your writing skills on sites like FiverrUpworkGuru.com etc. Just do a quick search on google and you will find an enormous list of freelance sites you can use. 

  1. Become an online coach

Virtual coaching using skype is fast becoming popular among artists and fitness trainers. You can earn money online by teaching people what you know. Examples of things to teach online are: piano lessons, chess, exercise routines, makeup or drawing and painting.

  1. Buy and Flip Domains

All this requires is a little bit of research on what free domains are relevant or will be in the future. You can buy a domain for as low as N1500 and sell the same domain to another person for more than N100,000. This is one of the easiest ways to make money online.

  1.  Drop shipping

Drop shipping is passive ecommerce. The difference between this and ecommerce is that you don’t own any of the products you sell, instead you act as a middle shop between the buyer and the seller. There is always a new trend of things to buy, do your research, get a seller, mirror their website (with permission – of course) and start selling to potential customers.

11. Podcasting

Start a podcast for free on sites like iTunes or Mixlr, talk about what you are passionate about or what you have experience in, tell people about your point of view and when you have enough audience, you can monetise it.

  1. Private labelling 

This is the process of buying other people’s products, relabeling it to suit your brand and selling it on sites like Amazon, Jumia and Konga. Unlike eCommerce and drop shipping, private labelling involves being in agreement with the manufacturer to redistribute to a different geographic location with a change in brand.

  1. Web design

Learn how to design websites using WordPress or site builders, then you can start helping people build their websites for a fee. This skill is one of the commonest online businesses in 2020 and it is still in high demand.

  1. Graphics Design

You can learn graphics design from the comfort of your home in less than one month and start selling your skills. The increase in social media marketing makes graphics design a marketable skill you can sell to earn money.

  1. Online Influencer

To make money as an influencer, you need to have an influence and command crowd on either of the popular online platforms. Large followership on social media sites like Tik Tok or Snapchat can make you a lot of money when advertisers start flooding these platforms.

Read 1418 times Last modified on Wednesday, 13 May 2020 08:04

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