The Internet has no equal, Makes us equal. This statement is true as the internet is a great equalizer especially business wise. Everybody can make money online even young children and old people, Starting Online Business Without Money
Nowadays it is easier to make money online than several years before and the technicality of creating blog or website has been made even more simpler.
There are plenty of tools online that assist in the technical part of setting up and running a website or blog that generates money. With the basic computer knowledge you can operate your business anywhere in the world and work however you want.
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This freedom is brought by the power of the internet.
Personally, I started this blog in Oct 2019 and with little experience. I learned how to blog by reading articles online and applied the skills to Start a WordPress Blog on Bluehost without any assistance from anybody.
Initially I had the burning desire after I read articles of people making a lot of money simply by a blog and having the freedom to travel the world and escape the 8 – 5 pm thing called job.
Then I said why don’t I try my luck in this blogging thing. From the beginning I never liked being employed. I never liked being instructed by anybody and I always looked to employ myself to enjoy the freedom.
Now in this online thing, no business experience is needed. No marketing experience is needed and even its not necessary to have computer skill to run an online business. Do you believe this?
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Read on to discover the truth. Yes no computer experience is needed to run an online business. No much startup capital is needed either.
Although I do not recommended it, you can set up a free website on WordPress.com then start selling you services from there. Below I have compiled several top ways to Start an Online Business and make money with little to no startup capital at all:-
1. Affiliate Marketing: Starting Online Business Without Money
This method of monetizing your blog or website can generate a lot of money if done correctly.
Its an e-commerce model that doesn’t require you to maintain any inventory of your own products and you don’t have to mind about transportation of the same products to any customer.
Just look for a profitable niche and connect with and e-commerce store that deals with products in your niche. The idea is to direct and persuade customers to buy for that store.
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After a purchase is made the dealer pays you a certain commission as a token for directing a client to buy from the store. the more you bring clients the more you are going to make money. That simple. It is called Affiliate Marketing.
With affiliate marketing, you offer the products for sale, for example, on your blog or e-commerce website. Each product has a unique link that tracks back to your account with your affiliate partner.
A prospect who clicks on the link is taken to your partner’s shopping cart for checkout. Once they buy, that purchase is recorded and you receive a commission.
The commissions vary depending with the affiliate you are dealing with but its generally 5% to 50% or more.
There is no investment needed and no risk at all. No stock either and no employees needed to start this king of online business making it an handsoff.
After providing a link to the customer, the merchant handles everything else like billing customer care etc.
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Your work is to Market and campaign for your audience to sensitize the availability of the products in the relevant stores and you make sales to earn.
This is done through email marketing, blogging or whatever method you choose.
Pros
- Low risk
- Hands-off
Cons
- You have to advertise and market
- Drive traffic to the affiliate links
2. Blogging: Starting Online Business Without Money
As I have always said, there is a lot of money to be made online if you have passion of what you do, and you like sharing it with the world.
All you need to do is to start a blog or have an online presence where you stage your business. Have a look at the following:-
- Do you love internet?
- And do you spend time surfing the internet?
- Do you like reading articles online? Do they thrill you?
- Then do you want to be financial free? Do you want to make money?
- Do you want to start a lucrative online business with little capital?
If the answers you give for each of the above question is yes, Start Blog right away. Don’t wait otherwise time is going.
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Write useful engaging content for your readers. Solve touching problems for your audience and keep them wanting more, more and more.
- Top 10 lists
- Use “how To Topics”
- Trends in your niche
- Tips and tricks articles
There is no shortage of ideas for your blog and you can make money in a variety of ways with an online business blog or website.
Google Adsense
If you love internet chances are you have seen adverts on them. These ads could be run by google. The network behind them is likely to be adSense.
It is pay-per-click kind of where each time someone clicks on an add (which is something related to your niche), you earn some money. the more clicks you get the more money coming your way and its extremely passive and hands-off.
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All you need to do is to get a code from google and place it on your blog page or website, and ads will automatically appear on your blog.
Google posts ads to your blog according to your niche. The more the clicks to those ads the more money you shall get paid.
Blog Ad Networks
There are so many networks to use in making money on ads in your blog, But you have to make sure your blog has a massive following. Just like adSense you just place code on your blog and ads come automatically.
This method as opposed to google adSense which you can start right away without massive views a month requires thousands of monthly page views to guarantee you revenue.
Affiliate Marketing: Starting Online Business Without Money
As we have discussed above, you just include links of products in certain e-commerce stores and every time somebody clicks them to buy a product, you get some commission.
To sum up on blogging, you need to provide useful content in an engaging way. Be original in writing you blog. do not copy paste.
Google monitors every blog and tracks every word you copy paste to your writing. If you present a boring content, who is going to get bored and continue reading?
Be consistent. I talked in length in my post on Starting A Blog on WordPress. Update you blog regularly at a certain time and keep the routine. Its important for SEO.
A post per day or two or three times per week is good for your blog to grow. Don’t forget and I insist, don’t forget to to keep a regular schedule to post. At least one post per week.
Be genuine
Your readers want to be associated with your blog if it is useful to them. Write engaging content so that your readers can like, share and trust you and convince them you take your blog serious.
By doing this it will be easier for them to click on your links and buy from your blog with confidence as they know and trust you.
After doing what is necessary, google will notice your blog and rank it at the top to give readers of your topics the content of your blog. This means money. Right.
Step by step you can make money online with a blog. You can make a blog in short time but it will take time to make money with it. So prepare to work hard to build and grow your Online business.
3. YouTube – Online Video: Starting Online Business Without Money
You tube is the largest video channel available at the moment. it is another search engine like google.
If you love videos it is likely you have watched video online on YouTube. It has more than 1 billion users watching hundreds of millions of hours of video each day.
Don’t imagine YouTube is all about entertainment, no. You can watch informative videos on topical subjects and even podcasts on courses. yes. How to videos.
This method of making money online relies on the number of views your channel has and the number of subscribers you have. Ads is the main source of revenue in this method.
To start making money with you tube, you need to have a channel and start uploading videos on it. Monetize it by adding on your settings and you know what? Google primarily comes handy to add adSense the more clicks you receive the more money you shall make.
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Paid sponsorship is another monetization method in YouTube. If your channel has a large following, companies will be looking for you to sign a contract to market on your channel and that is money.
The tips below show you how to create a professional – looking videos.
- Edit the video to improve them.
- Make sure the videos are clear and the audio is well set.
- You can even use you mobile phone if you want. Do you believe this?
The secrete is simple. Create engaging content. Make it fun and enjoyable watching. Make it informative or educative.
People love to learn these days. Educate them and you shall win their loyalty. Make sure to post them of social media to attract more readership and sharing.
4. Information Products: Starting Online Business Without Money
your blog is your shop and you should look for many products to monetize. Selling information in many forms can guarantee you more income. Sell downloadable products like:-
- eBooks, Travel guides
- Audio like interview, courses, your Music,
- Printables like Menu, Guides, news, Pictures etc
Be creative, in fact there is no right way to make money online that suits everyone. innovate your ways and teach others how to do it. This method of monetizing your online business is passive. You make money even when you are sleeping. Its hands-off.
All you have to do is check the sales periodically to see what topics or types of products are selling best so you can make more of those.
5. Ship Dropping: Starting Online Business Without Money
Keep and eye on this. To be updated soon
Summary
Find a profitable niche market and be available on social medial to follow what is trending. Then take the necessary action to supply what is in demand. Do not start many monetizing methods at once.
Start with one method and watch the trend before moving to the next method and continue step by step like that. This helps you to keep and eye on whats performing and what is not.
Grow your Online Business and make money.
If you may have any comment or question, Comment below and let us help one another. Life is all about solving problems and am ready to assist you. Starting Online Business Without Money
Good luck!
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