Three Businesses That You Can Start With No Cost

If you have not been able to start your business because of a lack of funds, here are three businesses that can be created with zero cost.

Print-on-Demand

Print on demand business model has grown at an exponential rate in recent years. This business model can be started with zero cost and without any advanced level skills. There are numerous platforms where you can do this business.

Amazon, Redbubble and Zazzle are completely free platforms for Print-on-Demand businesses. You can just submit your design and start selling. eBay is also free but in order to use eBay for print-on-demand, you will have to integrate print providers like Printify or Printful. Etsy requires small listing fees and just like on eBay, you will have to integrate a print provider with Etsy to do this business.

You can also do it on your own website but you need money to create a website.

Dropshipping

This is another popular business model that does not require any investment. Well, if you want to create your own store, you of course need money for domain and hosting or pay for subscriptions, however, if you do it on online marketplaces, it is completely free.

You can do dropshipping business on social media platforms like Facebook and Instagram. On Facebook, you can either try Facebook Marketplace or Facebook Shop to create a dropshipping business. On Instagram, you can use Instagram Shop for your dropshipping business. You can also do it on eBay

First of all, you need to go to a supplier like Aliexpress, CJ Dropshipping, Made In China, etc. Find a product you want to sell and then list it on the platform where you want to sell. When someone orders the product, you will have to forward the payment details to your supplier and your supplier will do the rest of the work.

Affiliate Marketing

You can do Affiliate Marketing from your website, social pages, as well as newsletters. If you want to do it through your website, you need money to create a website but affiliate marketing through social pages and newsletters is completely free.

How to Sell

This is the most important thing that needs to be addressed. Starting a business is just 20 percent of work, and selling the product is the remaining 80 percent of work.

The best method is social media marketing. You need to build followers and then promote among your followers. Or, use social media advertising to reach people. It requires a small investment, though.

If you spend $100-$200, you can easily build 10k-20k followers. If you have just 1 percent conversion, you will be selling 100-200 products and can not only recover your ad budget, but you can also make profits.

How to Start an Online Business in 60 Minutes

It is not very complicated to start an online business, you can set up an online business in under 60 minutes. In this short tutorial, we are using print on demand method to start our online business.

Signup With Online Marketplaces

Choose an online marketplace of your choice. I suggest you try Etsy, Amazon, Zazzle, or Redbubble. We will be using these online marketplaces to start a print-on-demand business. Amazon, Zazzle, and Redbubble are completely free, and Etsy needs listing fees. You pay commission to these sites only when your products get ordered. Therefore, you can start for a free or a nominal investment.

Redbubble, Zazzle, and Amazon not only create print-on-demand products for you but also fulfill the order. They will create products for you, and ship the product to your buyer. Etsy, on the other hand, requires you to integrate a print provider and a fulfillment company. Etsy is just a marketplace to sell products.

Create a Design

In order to sell print-on-demand products, you need designs. If you use Photoshop or Canva, that’s really good but even if you do not do graphic designing, you can use AI graphic denegation tools like Midourney, Cut Pro, etc. Open these tools, give a prompt that describes the kind of design you want to do, and generate the graphics.

Once the design is ready, go to the online marketplaces where you have registered your seller account, upload your design, choose products where you want to use your design and publish your listing. Create and upload multiple designs and create multiple listings to make sure you have enough products in your store.

Sell Your Products

Signing up with an online marketplace, creating designs, uploading designs, and publishing products can be done in less than 60 minutes. When you are publishing your products you also need to add keyword-rich titles and descriptions. You need to use tags that appropriately describe your product and design. Your online business will be set up in less than an hour. You can now promote your products and stores on-site (on the marketplace where your store is based) or off-site (on social sites, email marketing, blogs and websites, etc.).

One of the easiest ways to generate sales is through advertising. You can run ads for your products to reach a lot of people in a short time. If you have better visibility, you can easily have sales. You can run ads for your products on the marketplace where you are selling on social media. I suggest you use TikTok and Instagram and use videos to promote your products. You can run ads for your videos to reach your customers.