Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,759,371 members, 6,560,020 topics. Date: Thursday, 28 October 2021 at 09:40 AM

5 Online Businesses You Can Start With Low Budget Even If You Are Broke - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / 5 Online Businesses You Can Start With Low Budget Even If You Are Broke (27980 Views)

5 Online Businesses With Low Start Up Capital That Can Make You Rich / 4 Online Businesses With Low Startup Capital That Will Make You Rich / 5 Online Businesses That MUST Make You Money Without Any Skill (2) (3) (4)

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

5 Online Businesses You Can Start With Low Budget Even If You Are Broke by ogapikin: 10:45am On Oct 30, 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 specializes 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 of the more popular sites.

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 that’s all, no worries! you can learn about affiliate marketing with clickbank here



3. Blogging

If you have the expertise or a 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

1. Affiliate Marketing
2. Google Adsense
3. Blog Ad networks
4. 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.

want to start a profitable online business? check the source

ARTICLE SOURCE
.
.

5 Likes 1 Share

Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by ogapikin: 11:00am On Oct 30, 2018
in need of a detailed step by step guide that can be helping you to make at least N5500 daily online? SEE IT Here
Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by zinaunreal(m): 11:36am On Oct 30, 2018
Rubbish

20 Likes

Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by Frankiss44(m): 5:01pm On Oct 30, 2018
Mtcheww

4 Likes

Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by Nobody: 5:01pm On Oct 30, 2018
Crypto trading




shocked

8 Likes

Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by Dirkcoyt: 5:02pm On Oct 30, 2018
Get out of here and stop deceiving people!

26 Likes

Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by 01mcfadden(m): 5:02pm On Oct 30, 2018
You're making it seem easy but in all frankness, it's not.
I'm just being realistic.

30 Likes 3 Shares

Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by samuelson06(m): 5:03pm On Oct 30, 2018
Even if I wanted to patronize you, for the mere fact of changing your moniker, I'm not sure I can do that again. It seems there's something fraudulent about you.

26 Likes 1 Share

Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by genbaks(m): 5:04pm On Oct 30, 2018
ogapikin:
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 specializes 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 of the more popular sites.

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 that’s all, no worries! you can learn about affiliate marketing with clickbank here



3. Blogging

If you have the expertise or a 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

1. Affiliate Marketing
2. Google Adsense
3. Blog Ad networks
4. 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.

want to start a profitable online business? check the source

ARTICLE SOURCE
.
.
Thanks Op

2 Likes

Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by kindy51(m): 5:05pm On Oct 30, 2018
Ole
Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by gift01: 5:05pm On Oct 30, 2018
Easier said than done. You wrote even if you are broke as if you won't buy data if you have the phone to start with

13 Likes 1 Share

Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by millionboi2: 5:06pm On Oct 30, 2018
Please go and hustle don't waste ur time online.

3 Likes

Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by blowjob: 5:07pm On Oct 30, 2018
GOD BLESS PMB.

1 Like

Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by MrSensor(m): 5:08pm On Oct 30, 2018
Na Yahoo money I want quick quick not this other very slow small money making online businesses.

5 Likes

Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by Nobody: 5:13pm On Oct 30, 2018
Not again
Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by DeMaestro1(m): 5:13pm On Oct 30, 2018
Good afternoon people.....
I really shouldn't be doing this, but I have no other option.
Am broke and I need help please, i would be appreciative if anyone can help a brother out.
No amount is too small.....
Don't you have a job? No I don't, but I have a business but things haven't been going well for a while and it's an agricultural based business.

Acct number - 0008276987 (GTBank).
Thank you and God bless you all.

4 Likes 1 Share

Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by henrixx(m): 5:16pm On Oct 30, 2018
Nairalanders should be tired of all these recycled crap

6 Likes

Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by Nobody: 5:18pm On Oct 30, 2018
Op,how much is in your account?

3 Likes

Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by AutoReportNG: 5:22pm On Oct 30, 2018
oiu guys will just wake up one morning and be typing nonsense and misinforming people all in the bid to sell your books.

3 Likes 1 Share

Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by PedroNascimento: 5:23pm On Oct 30, 2018
smiley Oga ImportExpert.

4 Likes

Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by AtikuDeman: 5:24pm On Oct 30, 2018
See as e sweet you for mouth, how much have you made to start with?
Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by Nobody: 5:25pm On Oct 30, 2018
ogapikin:
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 specializes 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 of the more popular sites.

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 that’s all, no worries! you can learn about affiliate marketing with clickbank here



3. Blogging

If you have the expertise or a 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

1. Affiliate Marketing
2. Google Adsense
3. Blog Ad networks
4. 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.

want to start a profitable online business? check the source

ARTICLE SOURCE
.
.
cowards


You won't see my penny, if it was so good you won't be sharing it for #1900

May this your business crumbles

7 Likes

Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by 4601CE(m): 5:27pm On Oct 30, 2018
Same trash
Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by seegi(m): 5:32pm On Oct 30, 2018
I wish to start this dropshipping. but i dnt get adequate knowledge on it den secondly i dnt ave d require gadget (Smart phone and Laptop). Hoping i will get someone to elp with any of d above. either Tutorial or Gadgets.
Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by denitro(m): 5:37pm On Oct 30, 2018
For Blogging, a lot of people are making $$$ daily at PAXEXlive
Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by NairaMaster1(m): 5:43pm On Oct 30, 2018
Mouth Gig:
GOD BLESS PMB.

With all the lack and want around you? Who coursed you?

They are talking about how to make money you are here blessing one Jubrin from Sudan.

A man that has turned Nigeria to a prototype of Sudan his original country.

1 Like

Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by Lagosfinder(m): 5:45pm On Oct 30, 2018
Real estate
Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by Loveworld12: 5:58pm On Oct 30, 2018
Take this shit out.

Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by fergieboy: 6:05pm On Oct 30, 2018
Op

Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by Nobody: 6:05pm On Oct 30, 2018
maybachmusic:
can you teach me pls
Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by hahn(m): 6:07pm On Oct 30, 2018
Dirkcoyt:
Get out of here and stop deceiving people!

That site on your siggy is CRAZY! I am dying here!

Re: 5 Online Businesses You Can Start With Low Budget Even If You Are Broke by efembaba(m): 6:21pm On Oct 30, 2018
Do they bribe d mods to always bring these recycled things to front page

1 Like

(1) (2) (Reply)

Sanlam Takes Full Ownership Of FBN Insurance In Nigeria / 1.4trn Fine: MTN Takes Nigerian Government To Court / Nigeria’s CBN Is Printing Money To Keep The Govt Afloat & Alarms Are Ringing.

(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 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 321
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.