6 Online Business To Start Online With Minimal Investment

By Ashutosh Jha → Saturday, May 15, 2021

Online business is the reality of the current times and is gaining momentum every day. The global eCommerce industry is valued at $4.9T in 2021 and is expected to reach $6.4T by 2027. It is worth noting that in 2018 it was at $2.9T. That means in 10 years, it is more than 2x and that is the power of any online business.

So, if you’re also planning to start an online business in 2021 and beyond, this guide will give you some solid ideas. Here I am going to list the 6 best online businesses to start with minimal investment. You can either use any one of these or may get an idea like what further can be done.

6 best business to start online with minimal investment

Let’s start and look for the best business to start online with minimal investment in 2021 and beyond. You may explore further the sub-niches in these categories. Also, minimal investment has been a major motivation behind selecting these ideas.

The best thing with these ideas is- all of these starts with very small amounts which can even be your pocket savings. If you’re not a saving guy, I would strongly recommend you using any savings calculator to calculate your savings and then plan your budget. I personally have used this saving calculator and you can just put some quick details and the calculator will give you the total saving.

#1 Blogger

Yes, you can be like me! You can be a blogger who can make a living from online earning. Blogging is a full-time job now and many top influencers have proved this. All you need to get started is an interest and a few mandatory resources for blogging. I have written a lot about this and so will keep this section short and referenced.

Blogging niche- check the best blogging niche and single niche vs multiple niches to understand more about this topic.
Domain name- read how to select the best domain name and cheap domain name provider to get one in less price
Hosting– You can check these free hosting providers, cheap hosting providers to get a good one.

Further you can check this post to understand how to start a WordPress blog from scratch and take it further to learn each step of blogging in detail.

Investment needed- $10/year to a few hundred dollars.

$10 because at least you need a domain to get started and then even if you don’t have more, you can start a free blog on blogger.com. And then there is no limit of investment if you can afford it.

#2 SEO consultant

Not a new profession but one of the most demanded and result-driven jobs it is. This is the reason why it is always in demand as well. If you’re well versed in SEO and know how to do SEO properly, you can easily start your SEO agency and start serving companies and individuals. The good thing about this is, it doesn’t need any investment.

You can start with Moz’s guide to learn SEO and when you have some knowledge start your own blog and start implementing. When you have mastered it a bit, you can start offering this service. The SEO industry is a big money paying industry where an average SEO consultant earns $72k per year while an average project may cost anywhere between $400-$5k per month depending on the project, competition, and many other factors.

Investment needed- NILL

# 3 Dropshipper

Yes, this is one of the crazy ways of being an ecom seller. If you don’t have a lot of budgets to start your own ecommerce company then you can make your hands dirty in dropshipping. The idea of dropshipping is fairly simple-

So, it is like you have a website where you sell some goods but you don’t manufacture those or either store the inventory (if you don’t have a budget). You can simply have a site where you can accept the orders on your site and then you can order the manufacturer or suppliers. The supplier can directly send it to the address as well. There are multiple ways a dropshipping business can be done and depending on your budget you can get started.

Investment needed- $200-$500 can be a decent amount to get started.

#4 Website developer

One of the oldest yet amazing ways to start your own business on the budget is being a web developer. You can start individually or maybe you can form a company to get started. Initially, you may go with a competitive rate and once you have some clients, you can increase the rate.

You can learn the basics of web development like HTML, CSS, SQL that you can create a full-fledged website and can get started. Later on, as you evolve, you can learn full-stack development, react, and other advanced technologies as well. As per a report by Full-stack academy, Javascript, typescript, and Elm are the best front-end web development.

Investment needed- Almost nill to get started

#5 Design and sell print-on-demand T-shirts

You may consider this as a part of the dropshipping idea above but there is a difference. In the dropshipping, you just take orders and dispatch. Here the focus is more on customizing the T-shirts as per the customer’s need. T-shirts, caps, hoodies, and similar wearable items have become canvases for your own creativity. Be as much as you can and get maximum sales. You can also target some communities like developer community, engineering life, etc., and come out with the best of you.

The best thing is, even if you’re not a designer, you can find freelancers and get your work done using the sites like- Fiverr, 99designs, Dribbble, etc. Investment needed- Around $100 to get started to hire a freelancer

#6 Create digital product/ebooks

This is another great way to start your business on a budget. Digital products can include- Music, online courses, WordPress themes, templates, vector images, and a lot more. As these are digital products and so there is no need for shipping, packaging, and physical handling. There are only two things you will have to take care of-

Figure out what makes a good digital product and what will be the USP for the user to download it or pay for it

Where you are going to sell this- Etsy is the best platform to sell a digital product. If you’re selling a WordPress theme or website template then Envato can be a great place to sell.

In case you’re selling an online course then Udemy can be a good place to start with.

Investment- Minimal

Conclusion

These were the 6 best businesses to start online with minimal investment. Most of these are tested by myself and I have used these from time to time. If you’re also thinking to start online business but don’t have budget, you can start with any of these depending on your skill and interest.

7 Best Places to Advertise your Business Online in Budget

By Ashutosh Jha → Friday, September 28, 2018

As we all know advertisement is essential to grow any business. You have to reach out to the potential customers first. Later your business may run on recommendations.

If I will ask you what are the places where you can advertise for maximum benefit?

I am sure many of you may come up with two or three places like Google, Yahoo or few more. But do you know there are plenty of places available online where you can promote your business effectively?

Also, one thing you should not that not every advertising method works for all business. So you should have a good number of alternatives in order to handle any situation. So today I am going to talk about 7 best places where you can advertise your business online for maximum benefits.

One of the recent surveys on online advertisement has shown that global display advertising is growing by more than 36% each year and this is the best way to reach out to your potential customers.

Also Read: 11 Tips to Take your Blog to Next Level

Also, many of the below companies offer few FREE credits for new customers. So you can just do bit search and you will get free credit initially. Later if that advertising platform worked for you, continue with that else switch to other. But give some time to understand the model before switching to another platform.

7 Best Place to Advertise Business Online

1. Google Adwords:

No doubt Adwords is one of the best and widely used online advertising companies owned by Google. As Google own majority of the search engine market so advertising on such a great platform will be very beneficial for all.

Adwords worked on PPC (pay per click) model and you have to pay once someone will click on your ad. The price varies depending on various factors like keywords, Location, Audiences and much more that you are targeting. One click may cost you even $0.01 or it can also cost you $400. So it totally depends on the niche, Target Audience, and Locations. They provide different types of advertisement solutions like Text Ad, Display Ad etc.

Setting up a campaign is not that difficult in Adwords you can do in 5 minutes also. The one thing that you should take care is the Keywords. Select the best keyword that describes you and can earn you maximum benefits.

Also Check: Best Google AdWords Alternatives for PPC

2. Microsoft AdCenter:

Microsoft AdCenter uses their search engine, Bing, to display advertisement. Bing is the 3rd largest search engines after Google, YouTube (again a Google Company) and is very famous in the US.

Also Read: 3 Most Powerful Method to Promote Your Website

Here also you have almost all the features of Adwords. The benefit that you will get in Bing is less cost. For the similar campaign, you will feel less cost compared to Adwords and so you have to invest less money.

3. Facebook Advertising:

The biggest social media giants Facebook also advertise different brands and business and are gaining lots of popularity these days. Facebook can be the best advertising solution for small business owner. Their advertising system is also somewhat similar to the above two but the mega benefit that you will receive here is you can even display an image along with the text. So even people are not clicking on your ad, still, you get lots of exposure.

4. Twitter Advertising:

Twitter is also one of the best ways to advertise. There are 143,199 tweets per second are getting tweeted on Twitter. So you can estimate their large audience. Twitter mainly promotes profiles, tweets, and hashtags. But now they have also started other advertising platform. So it can also be one of the media to promote your business online.

4. City Search:

CitySearch does not have their own search engine but they have an association with many major search engines where they promote your business. They manage your daily result and do ad placement on MSN, Google, Yahoo etc. The idea is again the same PPC. They offer two paid plans- The Web connect and Call connects.

5. Stumble Upon Ads:

This is still unknown to most of the people but Stumble upon is one of the best and very economic advertising solutions. Stumble Upon has an advertising platform known as Paid Discovery where you have to spend somewhere between 0.05 cents to 0.25 cents. You can see how economical it is. They charge you when someone stumbles your ad. I personally love this network.

6. Niche Blog Advertising:

If you are targeting to potential customers from some particular niche then advertising on niche blogs can be the best idea. You can ask the admins to either write a review about your business/products or you can do banner advertisements as well. This is one of the most effective means of reaching out to targeted audience. Even they charge very less compared to other big advertising companies. if you want to advertise on our blog TricksRoad, just shoot us a mail.

7. Online Directory:

The online directory is also a good way for promotion. There you can either do free promotion or paid promotion. if you are going for free then depending upon the review they display any profile at top while in paid, you can get the top slots. This is very effective way of promotion as even in paid advertisement you have to pay somewhere around $2-$30 per month depending on the directory. So even a low budget companies can do advertisement on these directories.

Over to You

I can certainly tell that online advertising works great. I am an internet marketer and from the above list I have personally advertised on many platforms and some of those have given a great result for me. So if I can get the result why not you?

Do try today itself and let me know your success stories. Also if you are facing any issue do let me know in comments. I will definitely help you to get out of it. You can even shoot me a mail and can be assured for the solution.

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