Today has never been a better time to start a business online. You can even start a side hustle alongside your regular job, and who knows? In a few months it could replace it.
All you need to get started is a laptop, a smartphone and an internet connection to start making money online. Yet, to get started you do need an idea, and when you do, you have to stick to it.
If you’re seeking online businesses to start today, consider exploring the potential guide to creating a YouTuber merch store.
And when you get started, you must have an itemized budgeting for your hard earned money, otherwise you’ll overspend. Only purchase what you need, rather than what you want and always look for free alternatives. So, for design use the free software, Canva, and when it comes to setting up an email address, find a free or cheap one at first.
Anyway, here are some ideas for an online business you can start today.
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Affiliate Marketing
Affiliate marketing is the cheapest and easiest way to get started to make money online. It’s a process where you sell someone else’s products or services via a link, and you’ll receive a commission for every sale. It’s simple to get started, and you can do affiliate marketing in any niche. Your job is just to get traffic, and sell products or services via a link.
You need to offer either education or entertainment so people will click on your link. One terrific example of how this is done is with Skyscanner, the airline ticket comparison site. If you book on the site, Skyscanner receives a small commission from the airline. In this regard, comparison sites are perfect for this type of business as the platforms offer information, and bring many options in one place.
As previously mentioned, helping people by educating them is the key to succeeding in affiliate marketing. In gray areas, such as online gambling in the Middle East, punters need to know about the legality, which payment methods are available and whether sites are accessible.
One website that does a sterling job helping Arab players in all things gambling is Arabian Betting. The platform scours the net for the safest gambling sites, and provides a rating and an unbiased review on each one. In addition, the site checks for the latest bonuses and gives advice on playing casino games legally.
Hosting a website is the best way to take advantage of affiliate marketing, but it’s not the only way. You can write a guest post on a website with a lot of traffic and insert your link. Or, you can take advantage of affiliate marketing on social media sites such as Instagram, Twitter and Facebook.
YouTube Channel
YouTube is now the second largest search engine in the Western world. Therefore, if you can provide entertaining or educational content, then you can take advantage of the traffic YouTube brings.
If you have a skill, or have answers to common issues, then you should set up a YouTube channel. This can range from spreadsheet hacks to providing advice on popular video games.
Once you have built an audience, there are so many options to make money from YouTube. The primary way are adverts, where Google will pay $6 per 1000 views. This means if you are lucky enough to make a video with 1 one million views, you’ll pocket a cool $6,000.
There’s other ways to monetize too. Once you are starting to build an audience, you are able to attract sponsorships for your videos. Moreover, at the start, you can set up a Patreon account, where fans donate money per month so you can make more content. Also, on your videos you are able to add affiliate links to make some money, the opportunities really are endless.
Dropshipping
Dropshipping is selling products without the need for inventory. All you do is sell your product online, and once it’s sold purchase it from a supplier where the price is cheaper. From there, provide the address of your customer to your supplier so the product is directly shipped.
The difference in the price you paid the supplier and the price you charged the customer is your profit. You just need to find hot products, and use social media sites such as Tik Tok to sell your products.