Drop Shipping
And finally, we have Drop Shipping!
To sell a product, you need an inventory, right? Well, that’s how it used to work... until drop shipping came out.
So, what is an online drop shipping business all about?
Well, it’s actually fairly simple. You sell an item, a customer places an order for that item, the supplier ships the product to the customer, and you handle the customer service part of the transaction.
This process spares you from searching for a warehouse for storage, and eliminates any worries you may have about the shipping. You just have to think about running your online store, collecting payments, and offering your customers great customer service!
Large Brands that Started with Drop Shipping
Zappos, Sears, Way fair, and Amazon are just a few of the larger known business brands that started with drop shipping. You probably see ads run by these businesses every day!
Even without your products in stock, you can still feature and sell the items on your website. Drop shipping takes the shipping process off of your plate entirely.
When people buy from you, they purchase it from a third-party seller who then sells your item to your customer.
With drop shipping, you manage your online store, provide photos of your items for sale, handle the sales, and provide customer service. Your customers make a purchase, and the shipping is then taken care of by a third-party seller.
All of this means that you have zero inventory to maintain, and no storage problems to figure out. All you have to worry about is your website, providing photos of your products, and making it a point to provide excellent customer support. That’s about it.
It is important, however, to choose your third-party seller wisely. You want to weed out the scammers and find a legitimate third-party seller that you can trust.
Identify Your Audience to Make Your Online Business Work
It’s pretty fun to imagine yourself making tons of money with these online business opportunities; however, as with any new business venture, you need to have the right ingredients available to make sure it’s going to work.
If a brick and mortar shop needs traffic in their store to prosper, then the necessary component to an online business is their audience. Your initial audience will become your loyal customers in the long run.
There are five fundamentals required to make an online business successful.
The very first one is defining your audience by asking yourself this question- who can you provide the most service to, and what kind of service is it? The answer to this question will help you define your audience, as well as steer you to which of the top 10 online businesses you should consider starting today.
Maybe you’re super into a plant-based diet, or learning how to surf, or learning how to play the guitar. Maybe you build racing drones, or you are on a quest to be the best at managing your time better, gain muscle, or lose weight.
The list is truly endless.
If you do not know the answer to this question, then you need to dig into some personal exploration and niche research to find which online business suits you best.
Read the Three Simple Steps to Make Money Online, 5 Fundamentals of a Successful Online Business, or watch 55+ Niche Market Ideas. There are virtually endless ways to connect with your target audience online; but you can learn a lot more on this after you pick which business you will start tomorrow.
When you have your audience and niche market defined, then through the advertising you run, the online blog that you write, and the podcasts and videos you create, you can be clear in whatever content you choose to put out and who you are communicating to with all of it.
Another positive about audience building is you can even build an online business if you do not have money to invest. But as with any business, it takes time to take off. It may take a few years to quit your job and become an internet marketer, but all of the online business opportunities on this list can begin to turn a profit quickly.
That’s why they’re in the Top 10!
A lot of what holds people back from starting their online business doesn’t usually stem from a lack of passion, but from the how to’s of getting it started. Trying to figure out what avenues you can take to actually build a successful online business can be a process in and of itself.
The Best Online Business to Start With No Money
The Best Online Business to Start With No Money
Content is the king of the internet, and with the best content you create, you can also build an audience and sell products and services with tools that you already have. That valuable tool is your cell phone.
Keep in mind, however, that it is not all about creating content and putting it anywhere online without giving it much thought. It is critical that you place your valuable content on the right platform, so that you can experience a long-term return on your invested time.
A Facebook Page is not the right platform.
You need to be discovered when people are searching for information in their prospect awareness stage.
How to Start Your Online Business With No Money in Two Steps
- Determine the most effortless way for YOU to create content
- Pick and Do Your First Pillar of Your Content Marketing Strategy
Whether you need to start an online store or a different online business model with no money, the posts above and this video will show you what you can do to start your business today.
Selling information products, Affiliate Marketing, Coaching and Consultation Courses, Membership Programs, A Digital Marketing Agency, Freelancing and Virtual Assistant Work, and Software As A Service are just seven online businesses of the 10 I’ve listed on here that are possible to start with almost no money!
This entire Miles Beckler brand, and our 7 Figure Online Business, was built on the best alternative to Facebook advertising with invested time and no money, and you can do it too.
Start with my growth hack strategy and see an example of one year of YouTubing with a cell phone and a microphone.
Start Your Online Business Today!
"With minimal start-up costs, potentially astronomical profits, and MORE freedom, online businesses will only become more and more attractive in years to come. "
There may be hiccups along the way, which is typical with those just starting out.
But once you get the right formula going, your business will only keep soaring to greater heights. So, choose the best business model you’re most excited about, and work at it.
Start here with the Five Steps to a Successful Online Business.
If you love what you’re doing and it’s something you want to improve in continually, then you can have a more secure footing in your chosen business. Keep updating yourself with the latest in your online business, stay connected with your audience, expand your product offerings, and give the best customer service that you can, and it will set you apart from the others in your niche.
Have any questions about how to start one of these businesses?
Leave me a comment below, and I’ll be glad to help.
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