In this article, am going to bring you five (5) online businesses that you can start in 2021 and do well with little or no capital at all.
What is AFFILIATE MARKETING
To clarify aspired online marketers, affiliate marketing is the act of promoting someone else’s online product with the use of links for a commission. That is to say, if you are promoting my online product, I will give you a unique link that is for you alone and if any buyer clicks through your link and buys my product, you will receive an agreed percentage for a commission.
You can start affiliate marketing with absolutely no capital, that means you can start it just now and it will begin to give you money but the best way to promote affiliate product is by product review. That is why I always advise, please pick a product that you have some knowledge about or a product that you can master and master very well so that you can explain and answer questions, and that product should fulfil a need and be in demand so that you will also make your money from it.
Drop shipping is a business model that you can start with a very low amount of money just because you need an online store.
Dropshipping is almost like affiliate marketing but the difference is that you do not wait for a commission from the product owner. With drop shipping you negotiate the price of a product with the manufacturer. When you get the price from the manufacturer, you put the product on your online store and once someone buys the product, I mean with the profit. You should add the profit to the cost price. When someone clicks to your online store and buys that product, you take the money and remove your profit, send the balance to the manufacturer, and the details of the buyer so that the manufacturer will complete the business for you. The manufacturer will package the product and send it directly to your consumer.
Disadvantage of dropshipping
The disadvantage of this business model is that you don’t have total control over the business because you don’t get to see when the manufacturer is sending the product to your customer. so you are not very sure of the quality. But you can reduce this disadvantage by asking your supplier or the manufacturer to send you a sample of the product before you start marketing it on your online store.
You can start a dropshipping business without money or with a very little amount of money but you would need an online store, don’t tell me you don’t know how to design an online store. It’s a very easy thing to do today, you can design an online store just within two to three days, and you can learn it in just one day. like I said earlier, It’s just as easy as manipulating Microsoft word. Find our here.
Website designing is the No.1 trending business in 2021. Do you know how I knew it? Almost every company is bringing their business online, even small churches are now bringing their organizations online and if this is happening, that means a website designer would have a lot of markets.
To learn website designing today is as easy as manipulating Microsoft word. I have the course in my blog here for free. And you can learn it in a matter of days, if you have any question regarding website designing, don’t hesitate to contact me. You can learn it for free and you will do well in it and within three days you would have completed your training
So the only thing you need to invest in web designing is a computer and access to Internet.
I like this one! Mini importation as the name implies is that you can import just a few products from abroad and sell them in your local market. I say you can import just one product that means you don’t have to invest too much money. It is easy to do these days.
What’s the most important aspect of it?
You have to learn the marketing strategies for you to be able to succeed in mini importation, you need to know where to import and you have to know which frieght agent to use for your transportation
but mini importation is a business that you can start with very little capital. Some people have even started mini importation without capital. I know of a lady that started mini importation with nothing. She just got to see the product on aliexpress.com, check the price and checked the details, picked the pictures and started showing them to her friends, church members and anyone that comes around her and one person picked interest and paid some deposit. With that deposit, she bought the product. She already knew that the deposit would buy the product and ship it to her. The balance is her profit. Once she delivers the goods, she collects the balance as her profit. She could keep doing that till she is able to raise capital.
You can do it too. There is nothing impossible, your imagination is too big, you can put your imagination to work and do something extraordinary. Just start something today, there are a lot of business ideas out there but I’m just picking these five for you.
I would have put this one as the best and number one but so many people complained that blogging takes time and it takes a lot of energy before you can start making money. Oh yes it’s true, I am not going to lie to you. If you are a blogger you would know that to start making money would take time a lot of work, but what is it in this life that you would not invest. There is no such thing as a business that does not involve investment.
Investment is a most in business world
If you are not investing money, you must be investing something. Either you are investing your time or you are investing your energy, but you must be investing something. You can start with nothing as a blogger but if you can write and you have a topic that you can talk about and talk about it very well, you keep writing and posting. Once you start making money from it, you are good to go. It is like you are put on a pedal and it is just carrying you ahead. . For me, blogging is one of the best things I can start in 2021 if I’m asked.
So if you have any questions regarding online business, please, don’t hesitate to contact me, or If you have any challenge, I can help.