C-Suite Agenda

Top 3 Businesses You Can Start With Low Money or No Money

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We all want to make money online. And the good thing is that it is not too hard to do so. On the internet, there are quite a lot of things that you can do make money online. Even you can use the internet to start your business.

So in case if you have ever thought of starting a business online and not sure what kind of business you should start. Then I am going to tell you about Top 3 Businesses You Can Start With Low Money or No Money. So let’s just head into the topic without wasting much of the time:

Top 3 Businesses You Can Start With Low Money or No Money

  1. Blogging: Whenever it comes to making money online, blogging is one of the most common ways that many people go with. And you can do the same. In today’s time, starting a blog is no more a hard task. As there are quite a lot of tutorials and guides are available online.
    Even there are quite a lot of people who have this question, if blogging is still profitable or not? Well, it is still profitable. As well as there are quite a lot of people who are making millions through blogging and you can do the same.
    Starting a blog requires two basic things. The first one is the domain name. The domain name stands for the URL of your website. For example, Google.com, Wikipedia.com. You can get a domain name from websites like Godaddy, Namecheap, and others.
    The next thing, that you will require is web hosting. Web hosting is the server where you will be storing all your websites data. And there are quite a lot of websites are available out there which offers web hosting.
    In order to get started with blogging, you will only need these two things. After that, you have to install WordPress on your web hosting and you are all done.
  2. Drop Shipping: The next thing that you can get started with is drop shopping. The basic idea behind drop shipping is running an online store. But the good part is that there is no need to maintain a large inventory or any inventory at all. This way, you will be able to reduce the maintenance cost of your business. However, the question is how you are going to sell products?
    Well, the main job of yours would be to focus on marketing and advertising to find the customers and make the sales. Once you are done making a sell, you will simply purchase the same product from a third party website. And then ship the package to the customer’s address. This way, you do not have to worry about anything and you will be able to make money.
    To get started with Dropshipping, you can build an e-commerce website using WordPress. Or use a platform called Shopify. But in case, if you have no plan to start your own website, you can use websites like Amazon or eBay to list your products.
  3. Affiliate Marketing: In the end, you can try out Affiliate Marketing. It is a mixture of blogging and dropshipping. But it has some key differences. With affiliate marketing, you do not have to worry about maintaining an inventory. Nor you will have to purchase the products on behalf of your customers.
    Instead, all you have to do is pick a profitable niche for your online business. After, that you will have to find an Affiliate network which offers you products that you can promote. One of the biggest affiliate programs is Amazon Associates.
    So if you join their program, you are free to promote almost all the products that they have. And every time someone purchases a product using your link. You will get to earn a commission. The commission depends on the affiliate product as well as on the product. But there is a high chance that you will get to earn a commission between 5 percent to 25 percent or 50 percent in some cases. You just have to figure out which is the most profitable product out there which you can promote and earn big.
    There is not too much investment is required to start with affiliate marketing. A domain and web hosting will do the job for you.

So that was all for the Top 3 Businesses You Can Start With Low Money or No Money. Starting with these online businesses is not really a hard task. You just need to be wise enough to make the right decisions and you are all good. Also, there are quite a lot of guides available online which you can follow. So go ahead and check them out.

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Alexandra Dimitropoulou

Alexandra Dimitropoulou

VP and News Editor
Alexandra Dimitropoulou is a VP and News Editor at CEOWORLD magazine, working to build and strengthen the brand’s popular, consumer-friendly content. In addition to running the company’s website, CEOWORLD magazine, which aims to help CEOs, CFOs, CIOs, and other C-level executives get smarter about how they earn, save and spend their money, she also sits on the Board of Directors of the Global Business Policy Institute. She can be reached on email alexandra-dimitropoulou@ceoworld.biz. You can follow her on Twitter at @ceoworld.