Welcome to this top 6 of the best free online businesses.
The Internet is the future. Especially in business. It has leveled the playing field. Practically anyone with a computer can start a money making online business. And you know the great part ? Virtually no technical experience is needed. Today, there are lots of tools you can use to build an online business that makes the technical work much easier than it was in the past.
Also, they don’t require degrees, fancy equipment, space, or lots of materials. But just a laptop or mobile, and an internet connection.
You can also live anywhere you want and still be able to leverage it.
That being said, you’re about to discover six of the best ways to start an online business and make money with little or no cost at all.
So, be ready to pick the one that suits your skill set if you think creatively.
Without further due, let’s jump into it.
1. Affiliate Marketing
Affiliate marketing is one of the easiest way to make money online. But how does it work ?
Basically, you pick a profitable niche for your online business, let’s say something you’re passionate about, then you find an affiliate partner who has products available in that niche. Some of the most popular affiliate sites are Clickbank.com, and Amazon.com.
They offer just about any digital information product like eBooks, audio files, video files. Or any physical product you can think of.
With affiliate marketing, you offer the product for sale. For example in your blog, each product has a unique link that tracks back to your account with your affiliate partner. When someone clicks on the link, they are taken to your partner’s shopping cart for checkout. Once they purchase the product, you get a commission.
Keep in mind that commission amount depends on the affiliate partner. But it usually goes from 5 to 60 percent.
The business model here is hands off. All you need to do is provide a link for the customer to click on, and the merchant handles everything else like billing, customer service, etc.
All you have to do is handle the marketing to get your customers to buy( Through Blogging, social media, email marketing, or whatever methods you want).
That’s why it’s the best business opportunity to get started online.
The best platform to get started with affiliate marketing is Wealthy Affiliate!
This platform gives you free training to start your affiliate marketing journey, free hosting, free website, free keywords research tool and much more.
By the way this is the only platform out there that does that.
while not a new concept, monetized blog is always a popular option for an essentially no-cost business.
Monetizing your blog will work best when you choose a subject that you’re actually passionate about. So it will be much easier for you to write content about.
You may probably think blogging is all about writing. And it can be if that’s what you want to do. But written blog posts are just the start. You can post videos, photos, and links to other sites, you can even re post news and other articles…
Anyway, anything is game, as long as it relates to your niche, really.
Just make sure to post original content that is useful to your target audience, and to post on a regular basis.
There are tons of options when it comes to making money from your blog, such as :
Google Adsense : I bet you’ve ever been to a website and seen an ad on it. Chances are it was an ad being run through the Google advertisement network.
These pay-per-click ads appear on your blog, and every time somebody clicks on it, you make a few cents or dollars. Small amounts each time, but it adds up, and very quick. This is absolutely hands-off.
Keep in mind that those ads are supposed to be about something related to your niche.
Now you must wonder, how do I run those ads on my site ?
Well, it’s simple and free to do. Just need to get a code from Google, place it on your website, and the ads will automatically appear on your blog.
Google will only show ads that are relevant to your blog, so it’s a good experience for your visitors.
Blog ad network : Other than Google, you can also work with ad network, like Blogads, and run banner ads on your blog. Same as Google Adsense ads, all you have to do is place a code once on your website and when you’re up and running.
Affiliate marketing : You know this one already. You include links to products you’re promoting as an affiliate, and every time someone buys the product, you get a commission.
There are also options like producing eBooks, offering online courses and webinars. Some of these work better than others.
3. Drop Shipping
I won t get into too many details about Drop shipping here, because Shopify has such an excellent Drop Shipping guide already.
But what you should know is that the basic idea behind an online drop shipping business is that, as a small business owner, you don’t have to maintain an inventory of products or handle any delivery to your customers.
The only thing you have to focus on is marketing and advertising to find the customers and make the sales. Once the sale is made, the rest is handled by the supplier. Your only cost is the expense of marketing and advertising to acquire a new customer.
Unfortunately with Drop Shipping :
- You can be blamed for your drop shipper’s mistakes.
- The market is very competitive
- You must sell a lot to generate a substantial income.
4. Freelance Writing
Freelance writer is an excellent way to make a living if you enjoy writing. And the more you write, the better you get.
There’s a place for freelance jobs sites. These sites are job boards for freelancers and businesses. It’s a place to connect and, most importantly, get some money into your pocket. While many of these sites offer smaller payouts, they are great place to gain experience and build up your portfolio.
As a matter of fact, to build up your portfolio and client base, you may want to start with a site like Upwork.
After you’ve been freelancing for a while, you should have some good samples, testimonials, and experience that will give you the leverage to start going after better-paying clients.
5. Sell stuff Online
Nowadays you can pretty much sell anything online. From outgrown children’s clothing to old books, DVD, games, Toys, printable, art, and so much more.
While selling items might not seem like a business, some individuals turn it into one by buying items cheap and then sell them for a higher price.
6. YouTube videos
Have you watched a YouTube video lately ? I’m sure you did. This is one of the world’s most popular website with more than 2 billion users watching hundreds of millions of hours of videos every single day.
You have to create useful content, something engaging that people actually want to watch. And it works in many niches. It could be a How-to video, or a Talking-head video on a topic of interest for people in your niche.
The sky, really is the limit.
But keep in mind that to start monetizing your channel, you need to have a minimum of 1000k subscribers, and 4000 of watch hours.
The trick with any online business is to make sure you’re in a profitable niche market. So be sure to keep an eye on trends, and consider what people are discussing on social media.
However, on the other hand, remember also that, whatever business you decide to start, you must have passion for what you’re doing. Without enthusiasm and excitement, you’ll get bored and unmotivated, it will definitely fail. So do not just follow the money but the heart.
I think Affiliate Marketing while blogging is still the best way to get started online.
You can check out Wealthy Affiliate. I truly recommend this platform to you, it’s my #1 recommendation.
It will give you a free website and free training where you can learn the basics and get started the right way.
Do you have any question or would like to add something regarding this topic, or any other free online opportunity ? leave it in the comment section below and I’ll get back to you as soon as possible.
Thanks for the support !