Starting a business in today's economy may sound like a very capital intensive project. Considering the cost of living, high cost of renting shops and buying equipments or tools, one may be discouraged from pursuing her dream of self financial independent.
However, in such times like this, online platforms becomes our best partner and friends.
There are several online business you can venture into as a lady without spending much to start. In this article, we will be listing most of the online businesses and how to start them.
1. Social Media Marketing:
As a lady, you can start social media marketing service. Social media marketing involves promoting people's businesses and products on social media such as Facebook, Twitter, Instagram, etc. It is a very lucrative business and does not cost anything to start apart from learning the how to run effective social media adverts.
2. Dropshipping Business:
Dropshipping business is an e-commerce business model where you take orders from online customers and forward the orders to your supplier who then supply the products to your customers on behalf of your company. You don't own the product but rather, you are selling the supplier's or your dropshipper's partner products as your own. The supplier takes care of the delivery while you keep all the profit after paying the supplier. It's a very simple and profitable business. Moreover, you don't need much capital to start this. The products mark as "Global" on Jumia are all Dropship products. Anyone can be part of it. Learn more about how to start dropshipping business here.
3. Freelance Writing
If you are skilled with words and you can construct good grammar, you can dive into freelance writing. Freelance Writing involves writing articles for blogs, news agencies and social media platforms/forums. There are many blog sites that with pay you per each article you write for them. However, you much ensure that you are the original writer and you didn't lift the article from another platform. For a start, the pay may not be much but, when you become consistent, you will earn more. The best place to start as a Freelance Writer is Fiverr.
4. Online Translator
If you are good in some languages, you can become online Translator. You can translate one language to another. To do this effectively, you need to be rooted in the languages you are translating to and from. The pay here is usually from $5 and above and you can do this from the comfort of your home and with your smartphone. The best place to look for such opportunities is also Fiverr.
5. Blogging
Must people actually do not consider blogging as a business. While this may be true, however, you can make a good source of income by displaying adverts on your blog. You can also blog to promote your other online businesses you are into. There are free blogging platforms where you can create free blog account and start right away. Example is Blogger and wordPress.com. When you Monitise your blog, it will serve as a source of income.
6. Email Marketing
Email marketing is business that deals with promoting goods and services through emails delivered to people's email inbox. You can get email addresses of people in many categories in the country in order to make it a successful venture. In email marketing business, you will need a platform where you will promote the service you renders, it could be your social media accounts or a blog. You will also need email database, email blasting software or you can register with online bulk mailer. Generally, it's a very simple and lucrative business and one you can do with your phone. Learn more about email marketing business and how to start her.
7. Business Coaching
If you are good and successful in any particular business, why not profit more from it by teaching other people online about that particular business? You can tutor people online for a fee and make more money. Thanks to video conferencing platforms such as Zoom, Facebook live, etc, you can utilise their services and dispense your knowledge to your students. Believe it, many people want to learn what you already know.
8. Affiliate Marketing
If you have good online audience or you have large social media followers, you can go with affiliate marketing. Affiliate marketing is promoting products on e-commerce platforms like Jumia, Konga, AliExpress, Amazon, etc. When a product is sold as a result of your efforts, you earn commission. Commission can be up to 30% of the price of the products. When you register (which is always free), you will be given affiliate link for each product you are promoting.
9. Photography
Are you good in taking photographs? You can turn your passion into money. Especially if you like traveling around, you will be exposed to more places, people and nature. Take the advantage and make money. You can sell the images on platform such as iStock and Shutterstock. Alternatively, you can also make a gallery of the photos online and use the medium to sell advert space and even sell the pictures as well.
10. Digital Marketing
Digital marketing involves all online efforts aimed at promoting a business. This include, social media marketing, email marketing, web development, graphics designing, search engine optimization, content marketing and creation. You can start this with your smartphone and be making cool money. You can contact digitalmarket.com.ng they are good and can teach you digital marketing for a little fee.
Conclusion
Online business just like every other business requires determination and plan. Also, it is advisable that everyone have at least one online business she is doing to serve as additional means of income.
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