If you own a P.C or a Smart Phone you can start making money on the internet. One good thing is that no specialized experience is required.
You don’t need to know how to design and develop websites, no programming required by any stretch of the imagination. You can likewise be anywhere in the world so long as you have an internet connection you can also set your working hours as you will be your own boss. No bu required either. It’s a really fair medium for an enterprise. All you need is a good hosting company
The best part of it is that is not like a physical business, you don’t need to bother having a huge startup capital. For instance, you can set up a website or blog with WordPress.
Let’s check out the top 5 ways of making cool cash with little or no capital startup.
If you are a guru or a passionate about a Topic, then you’re ready to start making money with a blog. With a service WordPress (www.wordpress.com) or Blogger (www.blogger.com), you can start up your blog totally free. You can also design your own website and secure your own hosting for a low price.
You may think blogging is all about writing. And it can be if that’s what you want to do. But that’s what you want to do. But written blog posts are just the start. You can post photos, videos, and links to other sites, repost news and other articles…Anything is game, really, as long as it relates to your niche.
What sort of content should you provide? Anything that is engaging to your prospect. How-to topics, top-10 lists, commentary on trends in your niche, tips and tricks articles—basically, you need to provide useful content. There’s no shortage of ideas for your blog.
You can make money from your Blog in these ways
- Affiliate marketing. These include links to products you are promoting as an affiliate and every time somebody buys the product, you get a commission. With a blog, you can integrate advertising with content to make it even more likely you’ll get the sale. For example, you could do a product review — which is useful content — and then include a link to buy the product under an affiliate link.
- Blog ad networks. You can also work with ad networks, like Blogads, and run banner ads on your blog
- Google AdSense. These pay-per-click ads appear on your blog. Every time somebody clicks on an ad (which is supposed to be about a subject related to your niche), you make a few cents. Small amounts each time, but it adds up.
2. Information Products.
Online business is not about selling physical products. In fact, digital information products are one of the easiest and quickest ways to make money. Outside of affiliate marketing, it’s probably one of my favorite ways to make money online.
There’s no shortage of ways to create information products, but the most popular formats include:
Audio: a recorded teleconference, interview, course, or some other spoken-word product
Video: a recorded webinar, a how-to, an interview
Text: an ebook, an instruction booklet of some sort, a travel guide
In each of these categories, you can really get creative and make any type and format of content, as long as it’s engaging and useful.
No matter which way you do it, it’s passive income—money you earn while you sleep because you put these products up for sale on your website and a customer can buy and download them any time of day or night, automatically. All you have to do is check the sales periodically to see what topics or types of products are selling best so that you can make more of those.
3. Drop Shipping.
The concept behind drop shipping business online is that, as a small business owner, you don’t have to maintain a large inventory of products or handle any delivery to your customers.
That eliminates the financial cost and risk of having a warehouse full of stuff you might not sell, and the hassle of arranging to send orders all over the country or the world.
Instead, you work with a company that specializes in drop shipping. Here’s how it works:
You list products for sale on your website or a platform like Amazon, eBay, or Etsy.
When one of your customers makes a purchase, you purchase the product from a third-party company (the drop shipper, usually a manufacturer or wholesaler) for a lower price. This process is as simple as forwarding the order from your customer, a process that can actually be completely automated.
Your drop shipper then sends the product to the customer.
Easy enough, right? With drop shipping, you can offer a wide range of products, so the operating expenses for your business are super low.
What are downsides to the drop shipping business model? You have to find a reputable drop shipper you can count on to deliver to your customers. If an order is late or doesn’t go out—or a product is of poor quality—you get blamed.
Also, because this market is so competitive, the margins—that is, the difference between the wholesale price and how much you can sell a product for—are lower. But still, it is a worthwhile low or no-cost startup option.
One way to stand out from the competition with a drop shipping business is to private label your products. That way you’re not selling the same product brand and just competing on price; rather you can use your own brand and face less competition.
Anyone considering a drop shipping business should seriously consider leveraging Amazon.com to grow their business and learn more about becoming a profitable Amazon seller.
4. Online Video.
If you have watched a video on YouTube then you will agree with me that this is one of the world’s most popular websites, with more than 1 billion users watching hundreds of millions of hours of video each day. And it’s not all cats doing funny things, by any means.
You can leverage YouTube’s reach to make money online. No, you’re not trying to create a viral video, so to speak, although if it does go worldwide and is seen by millions, that’s a good thing.
Instead, you’ll be following a proven strategy for maximizing views of multiple videos on a regular basis. You’ll be creating useful content…something engaging that people want to watch. And it works in many, many different niches. It could be a how-to video, a talking-head video on a topic of interest to people interested in your niche…the sky is the limit.
You make money with ad revenue. Your first step is to create a YouTube account and start uploading videos. Then you enable monetization on your YouTube settings. Basically, this gives Google the go-ahead to include short AdSense ads with your videos, which you’ve seen if you’ve watched a YouTube video. When viewers click on those ads, you get paid.
Some tips to create professional-looking videos (no expensive pro equipment needed):
You can use your smartphone or a simple video camera. But make sure the lighting is good so that you and everything else in your video is clear and easy to see.
Make sure the audio is clear. You don’t want an air conditioning hum, construction noise, or other distractions.
Use simple editing software like iMovie to put titles at the beginning of the video and to edit out any flubs.
Above all, remember that your videos can be simple and don’t have to be slick. Just provide useful content and be engaging and interesting. Funny helps, too.
And to extend the reach of your videos, be sure to post them on your Facebook business page, Twitter, your blog, and other channels. Let people know you’re in the video business now.
In addition to ad revenue from YouTube videos, you can also use your YouTube channel to drive traffic back to your website, where visitors can read your product reviews, click on the ads on your website, or even get onto your email subscriber list—where you can make multiple sales with your email list.
5. Affiliate Marketing.
Affiliate marketing is a bit similar to drop shipping but with some key differences. With this e-commerce model, you again don’t maintain an inventory of your own products, and you don’t have to worry about shipping products to customers.
Basically, you pick a profitable niche for your online business, and then you find an affiliate partner who has products available in that niche. Some of the most popular affiliate sites are Clickbank.com, Amazon.com, and CJ Affiliate by Conversant (formerly Commission Junction). Between them, they offer just about any digital information product (like ebooks, audio files, video files) or physical product you can think of.
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. It varies depending on the affiliate partner, but is generally 5 percent to 25 percent, or 50 percent or more with digital information products. As you can see, there’s little risk on your part and virtually no investment needed either.
All you have to do is handle the marketing to get your prospects to buy (through social media, email marketing, blogging, or whatever method you choose). But after they click the affiliate link, it’s out of your hands. You don’t have to ship products or handle any customer service questions. And you certainly don’t have to maintain an inventory.
All you have to do is focus on paid and free ways to market your online business with your hosting company