Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,206,171 members, 7,994,978 topics. Date: Wednesday, 06 November 2024 at 06:12 AM

5 Online Businesses With Low Start Up Capital That Can Make You Rich - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / 5 Online Businesses With Low Start Up Capital That Can Make You Rich (16951 Views)

It Is Pride And Not Lack Of Capital That Has Deprived Most Nigerian Youths From / 4 Online Businesses With Low Startup Capital That Will Make You Rich / 4 Online Businesses With Low Startup Capital That Will Make You Rich In 2018 (2) (3) (4)

(1) (2) (Reply) (Go Down)

5 Online Businesses With Low Start Up Capital That Can Make You Rich by babaonpoint: 2:17pm On Nov 15, 2018
The Internet is the great equaliser. It has levelled the playing field, especially for businesses. Anyone can start a money-making online business—anyone with a computer, that is. No technical experience is needed. You don’t have to know how to build websites—although this in itself is a great skill to leverage. You can also live anywhere you want, set your own schedule.

It’s a truly democratic medium for entrepreneurship.

However, perhaps the best thing about the Internet is that unlike a brick-and-mortar business, you don’t need a lot of start-up capital. In fact, you can get many Internet businesses up and running with no money at all because so many free services facilitate the possibility. For example, you can set up a website or blog for free using WordPress.

Let's consider five of the top ways to make money online with little or no cost at all.

1. Drop Shipping

Basically, the idea behind an online drop shipping business 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 sometimes. You don't have to worry about: inventory, warehouse or even manufacturing.

Instead, you work with a company that specialises in drop shipping. Here’s how it works:

You just list products that are for sale on your IG page or if you can get a website up. After listing, customers order for a product, which you in turn order from Jumia at a cheaper price, Jumia will handle the shipping and delivery for you and you will not have to break a sweat.

2. Affiliate Marketing

Affiliate marketing is somewhat similar to drop shipping but with some key differences. With this 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. Clickbank is one of the more popular sites.

You offer the products for sale, for example, on your blog or e-commerce website or your social media accounts. 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 that’s all, no worries! i can teach you this business model step by step. just check the source of this article.

3. Blogging

If you have the expertise or passion or interest for a subject, you're ready to start making money with a blog. With a service like Blogger you can start up your blog totally free. You can also create your own site and secure your own hosting for a low price, which is generally the route I recommend.

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 a variety of ways in blogging

Affiliate Marketing
Google Adsense
Blog Ad networks
Customised ads from clients

4. Online Video

Have you watched a YouTube video lately? Of course, you have, after all, YouTube is the third most visited website in Nigeria according to Alexa!
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 creating useful content…something engaging that people want to watch. It could be a how-to video, a talking-head video on a topic of interest to people interested in your niche. Or you could go the Lasisi and Maraji way, posting funny clips frequently.

You make money with ad revenue. You can enable magnetisation 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.
Another opportunity to make money with a YouTube channel is through paid sponsorships. Build a large enough following and companies will be more than happy to pay you to promote or mention their products and services in your videos.

5. Information Products

When you have an Internet business, it doesn’t have to be 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 favourite 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.

above are all profitable online businesses that requires minimal start up capital. if you wish to start affiliate marketing profitably with clickbank here in Nigeria please check the article source.

ARTICLE SOURCE
.
.

4 Likes

Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by babaonpoint: 2:18pm On Nov 15, 2018
Do You Have Any Question About Clickbank In Nigeria? Do You Want To See A live Video Proof Of My Clickbank Earnings? do You Also Want To Start Earning Legitimately From Affiliate Marketing here in Nigeria? The First Few Lucky People Can Check Exactly What I Am Doing Here

Bossmafia:
Pls, how do I open clickbank account in Nigeria?

first and formost, it is important to note that clcikbank officially does not have Nigeria on its list of supported countries. but their is a way around it. you can register using a vpn. a vpn simply means a visual private network. it is a simple software that changes your location from Country A to any other country of your choice. lets say from Nigeria to uk. their are hundreds of paid and free vpns. some work and others don,t. a free vpn that currently work is the turbo vpn. if you will like a detailed step by step guide including how to get traffic and withdraw your earnings here in Nigeria please check here
Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by Adicsonbaba(m): 4:01pm On Nov 15, 2018
Ok
I've heard you OP
Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by Nobody: 4:04pm On Nov 15, 2018
Trash again undecided

4 Likes 1 Share

Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by psychologist(m): 4:04pm On Nov 15, 2018
The same re cycled old pooo


These crabs aren't giving you any shii

6 Likes

Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by Topmaike007(m): 4:06pm On Nov 15, 2018
you again changing monicker and bribing the Mod on duty
Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by babaonpoint: 4:07pm On Nov 15, 2018
TheBillionTeam:




Thank you my Guy. They should tell how much they are making not essay writing.

i don't have to tell you how much i earn or send you a fake or phoshoped screen shot. below is a live login video recording of my clickbank account. if you are serious about learning, go here. if you need freebies lets hope they come with knowledge because most of the freebies are knowledge free.


https://www.youtube.com/watch?v=ZJXg1Ub_JjA

2 Likes

Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by babaonpoint: 4:08pm On Nov 15, 2018
Adicsonbaba:
Ok
I've heard you OP

welcome to the thread
Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by tunary(m): 4:09pm On Nov 15, 2018
Easier said than done

4 Likes 1 Share

Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by hahn(m): 4:14pm On Nov 15, 2018
This is like your 10th moniker this year grin

3 Likes

Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by babaonpoint: 4:14pm On Nov 15, 2018
Godsent112:
for the single domain and hosting of promoting different products, how will the squeeze page be like.

different squeeze pages would be created for individual products. such domains are referred to as niche specific domains. eg slimmingdoctor can be used to promote hundreds of products on the weight loss niche.
Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by babaonpoint: 4:16pm On Nov 15, 2018

Thanks for the info Jagaban. I have few questions for you and I'll be glad if you provide me with the appropriate answers. They are as follows;

1. What is the minimum and maximum number of products I can promote at a time?

2. Do I have to create a squeeze page for every product am promoting? If yes, where would they be re-directed to the moment someone opts-in?

3. Is it possible and advisable to promote different products from different niches at a time?

4. Is my landing page the same as my blog? If yes, can I do as above in question "3" on it?

5. Kindly clear my fear on these ones while I ruminate on the other areas I have questions.

Thank you.



1. for my affiliate marketing i mostly use clickbank and i promote not less than 5-10 different products at a time and i have never heard of any limitation to number of products you can promote.

2. yes. every new product you want to promote needs a unique squeeze page. the squeeze pages can be on a single domain and hosting. this is the reason why i advice buying general name domains instead of niche specific domains. e.g supercourses over looseweight dot com. the reason is that you want to promote many products on the same domain. it will not look wise to promote make money products on looseweight domain.

3. yes if you can handle it. no if you cant. i personally promote any product in most niches if i have an hungry traffic for it. but this does not in anyway mean that a person subscribe to my make money list and i will start sending him dog training promotions. i will never do that.

4. a landing page is the page you direct your visitors to. if i say a landing page in this context i basically mean a squeeze page. a squeeze page is a single page where you collect potential buyer email addresses. partly answered in 3 above

5. visitors to your squeeze page are potential buyers. if they optin to your list, they are interested and most likely willing to buy. after subscribing to your squeeze page they should be redirected to your hoplink. that is the product you are promoting using your unique hoplink. if they buy instantly fine, if they dont, you already have their mails and your mailing series will follow them up.

will you like to have a peep on how i made over N271,500 from affiliate marketing within just 5days? see it here
Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by HIGHESTPOPORI(m): 4:18pm On Nov 15, 2018
For those on active sub on access and family package,check my last thread to get compact sports
Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by babaonpoint: 4:18pm On Nov 15, 2018
Bossmafia:
Pls, how do I open clickbank account in Nigeria?

first and formost, it is important to note that clcikbank officially does not have Nigeria on its list of supported countries. but their is a way around it. you can register using a vpn. a vpn simply means a visual private network. it is a simple software that changes your location from Country A to any other country of your choice. lets say from Nigeria to uk. their are hundreds of paid and free vpns. some work and others don,t. a free vpn that currently work is the turbo vpn. if you will like a detailed step by step guide including how to get traffic and withdraw your earnings here in Nigeria please check here
Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by babaonpoint: 4:21pm On Nov 15, 2018
do you have any question about operating clickbank account in Nigeria? please feel free to ask it here.
Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by babaonpoint: 4:23pm On Nov 15, 2018
HIGHESTPOPORI:
sports

boss you can always create a thread. it is free
Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by zinoad: 4:23pm On Nov 15, 2018
I only read NO. 1 on the list and didn't bother going through the rest. no 1 on the list is very very wrong. that is not what drop shipping is all about. it has nothing to do with Jumia because Jumia also do drop shipping for other companies as well. what a poo.
Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by babaonpoint: 4:32pm On Nov 15, 2018
zinoad:
I only read NO. 1 on the list and didn't bother going through the rest. no 1 on the list is very very wrong. that is not what drop shipping. it has nothing to do with Jumia because Jumia also do drop shipping for other companies as well. what a poo.


Bro you have a limited knowledge of dropshipping. basically dropshipping means identifying products that are being sold less than what they are currently being sold or that can be sold higher than what they are being sold now, getting the product can be on jumia, alibaba or any other site in the world, identify a market that can buy the product higher, which in this case i said your ig page, promote the product their and when orders are placed, forward it to the product owner on jumia or any other platform for processing after removing your profit. what is wrong their ?
Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by babaonpoint: 4:36pm On Nov 15, 2018
do you have any question about earning online? please feel free to ask your question.
Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by incomeboostng: 4:40pm On Nov 15, 2018
hahn:
This is like your 10th moniker this year grin
grin
Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by hahn(m): 4:47pm On Nov 15, 2018
babaonpoint:
do you have any question about earning online? please feel free to ask your question.

Post a screenshot of how much you earned last month via clickbank smiley

4 Likes

Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by zinoad: 4:52pm On Nov 15, 2018
Bro, i have help alot of business owner to register their product with jumia. your presentation of ideas is what i am against. i currently run a drop shipping company and am happy with what am doing because it is lucrative. please google more on drop shipping and present your ideas with simplicity and in a logical and sequential order. I will release an article on drop shipping and i will link it to this trend. only then can you say whether i have limited knowledge or not, only then you will see the difference between this crabs you have published to the world. i reserve my comment.


Bro you have a limited knowledge of dropshipping. basically dropshipping means identifying products that are being sold less than what they are currently being sold or that can be sold higher than what they are being sold now, getting the product can be on jumia, alibaba or any other site in the world, identify a market that can buy the product higher, which in this case i said your ig page, promote the product their and when orders are placed, forward it to the product owner on jumia or any other platform for processing after removing your profit. what is wrong their ?
[/quote]

1 Like

Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by babaonpoint: 5:04pm On Nov 15, 2018
hahn:


Post a screenshot of how much you earned last month via clickbank smiley

what exactly do you need it for. what if i provide you with a live video of me login into my cb account today? what will you say or what will it change?
Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by babaonpoint: 5:06pm On Nov 15, 2018
have any question about earning online? feel free to ask here
Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by babaonpoint: 5:07pm On Nov 15, 2018
going for training. come and join me.
Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by exclusive7(m): 5:41pm On Nov 15, 2018
Do i need a website to run an affiliate market with clickbank?
Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by SmartMindsFx: 5:42pm On Nov 15, 2018
Why is crypto no listed?
I have a beef with you for that embarassed
Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by mrprestige(m): 5:47pm On Nov 15, 2018
These can also be another persons account.
babaonpoint:


i don't have to tell you how much i earn or send you a fake or phoshoped screen shot. below is a live login video recording of my clickbank account. if you are serious about learning, go here. if you need freebies lets hope they come with knowledge because most of the freebies are knowledge free.


https://www.youtube.com/watch?v=ZJXg1Ub_JjA
Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by mrprestige(m): 5:49pm On Nov 15, 2018
Jagaban u r trying. Ur own affiliate marketing is on nairaland where you try to sell your e-book.

3 Likes 1 Share

Re: 5 Online Businesses With Low Start Up Capital That Can Make You Rich by Nobody: 5:55pm On Nov 15, 2018
The number of times these words have been permutated, and pushed to FP is alarming. Why don't you just stick it in the business section?

(1) (2) (Reply)

Kano, Ondo, Anambra Depositors Flood Banks With Old Notes / Applications For Agrihack West Africa 2016 Opens / USSD: Telcos Threaten To Disconnect Banks

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 49
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.