The decentralized, distributed workforce is in full force. People continue to work from home, on the road or from different locations.
The fourth annual study estimates that 57.3 million Americans are freelancing (36 percent of the U.S. workforce) and contribute approximately $1.4 trillion annually to the economy, an increase of almost 30% since last year.
There are people around the world that work on websites like Fiverr, as affiliates with different programs of Amazon, as bloggers, content writers, flipping websites, online dropshipping, selling stuff on ebay, etsy, shopify and the list is endless. These are some of the great ways to earn additional income online without any investment. However, these are NOT one of those “things.” These are some legit ways for you to make money while you sleep with something that fits your passion, experience, or skill-set. Sure it takes time and effort to figure what opportunity is right for you, learn the market, and set up the business. And there will be plenty of trials and errors as you figure things out. But if you are focused, dedicated and consistent with your efforts, there is no one to stop you from making those big bucks online. And to help you get started with it, we want to give you our awesome Online Income Formula HD Video course.
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Tag: Entrepreneur
Creating business
Most of the people in today’s globalization world are trying to learn new languages, and there are many new reasons for doing so.
Some people want to improve their employability, some want to study or live overseas, some want to grow their business or just want to improve their travel experience.
The point is, there is a huge market of online language learners who are willing to pay for language coaching.
Your aim should be to leverage this opportunity, teach the language you know to others online and earn some handsome money.
But, how are you going to find the people who will sign up for your language coaching?
The simple answer to this question is to register on iTalki.com.
What is iTalki.com?
iTalki is a popular online language learning platform which connects people willing to learn languages with others who can teach them.
With 2 million students and 3000 teachers who teach all the world’s major 100 languages, it’s the largest marketplace for online language teachers.
Suitable For –
People who love to teach and have a gift of imparting knowledge.
Skills Required –
1. In verbal and written fluency in any particular language that you wish to teach.
2. A Clear understanding of language learning process.
3. Ability to provide the training in a step by step way.
How To Get Started –
To get started visit iTalki.com and submit an application for becoming an online teacher.
If approved you can create your Teacher Profile, set your online schedule, create your language courses.
After this, you’ll be listed on iTalki listings and potential students from all over the world can view your profile and determine they would book you for an online session.
All the iTalki sessions are conducted online via Skype and other VOIP software so make sure you have a high-speed internet connection and appropriate headphones.
The main advantage of iTalki is that it handles everything for the teacher: marketing, scheduling, payment and student management.
As a teacher, all you need to focus on is teaching.
Tips –
1. Being a teacher on iTalki you will face competition from other teachers in the marketplace.
So you need to make sure that you have a strong teacher profile which sets you apart from others.
2. Students will make the decision of choosing you as a teacher based on the following criteria so make sure you’ve optimized each one of them.
– Pricing
As a new teacher, you’ll have to offer your teaching services at a very competitive pricing in the beginning.
Begin with small pricing, once you start getting more students and have garnered high ratings you can increase the price later on.
– Profile
Believe it or not but your profile picture will have a huge impact on attracting your potential learners to your profile as your profile picture is the first thing they ever see in the listing.
Take a professional photograph in good setup and lighting condition if possible wear formal clothes, don’t just snap a regular photo using your mobile phone camera and upload it.
– Video Introduction
Will setting up your teacher profile, you’ll be asked to post a video introduction.
This is your best opportunity to showcase your language skills to your potential learners.
Shot a 3-4 minute professional looking video explaining learners your teaching approach, syllabus and other teaching methods which are unique to you.
The aim of the video introduction should be to convince potential learners that you are an expert in the language and have the right teaching abilities.
– Experience
If you already have some experience of teaching languages online, completed any advanced courses or have a college degree showcase them on your profile to improve your chances of getting selected.
– Ratings and Feedbacks
These are going to have the biggest impact on your potential learner’s decision whether to choose you over other teacher or not.
Make sure you offer the best course possible and help learners to learn the language quickly and effectively.
Expected Earnings –
When you teach you’ll earn ITC’s (iTalki credits) which you can withdraw for real cash using PayPal, Alipay, Webmoney, Moneybookers (Skrill).
10 ITCs are equal to $1.
Most of the language teachers charge anywhere between 100 ITCs to 200 ITCs ($10 to $20) per hour depending on their expertise and feedbacks.
You can also conduct language tests, add interview preparation modules, kids modules and so on to diversify your market reach and increase income.
So the money making formula here is simple, more students sign up to your course more money you make.
Check out this video course ( Online Income Formula HD) to learn how to convert your visitors into customers and generate more profits! Click link bellow to watch video
⬇⬇⬇⬇
Enjoy!
Have you done native language teaching online before? If yes, how was your experience?
Drop your comments.
Do you know that there are so many things you’re doing for free that you can actually do to earn money? Want to know what they are?
In this article, I carefully pick out twenty (20) things that you do daily that doesn’t fetch you any money at all while doing it, but will put huge amount of money on your bank account if you do it rightly. This is what this article is about, to help you do what you love to do rightly to earn money.
Here are the twenty things to make money doing what you love to do:
- FACEBOOK MARKETING
Facebook is the largest social media platform on the world wide web, with over 2billion active users.
We all love facebook, we use facebook to chart with our family members, friends, co-workers, fellow students, etc. Instead of using face just only for charting, while not leverage it as an opportunity to sell your brand!
So many small and big businesses now focus most of their attention on the internet to sell their products, Why not try it as well! To know more about how to make money with facebook, read my post on how to make money using facebook
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- INSTAGRAM MARKETING
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Same as facebook. You can also use instagram as a tool to generate income online to support your family and live your dream lifestyle. Check out my post on how to established an online shop through instagram
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- AFFILIATE MARKETING
You might have probably heard of affiliate marketing from online entrepreneurs, or you have read so much about it on my blog! Let me recap it again on this article. Affiliate marketing is the process whereby affiliates earn commission for referring visitor to the merchant web site. Check out my post on how to make money online with affiliate
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- CPA MARKETING
CPA is also known as Cost Per Action marketing is another form of affiliate marketing but with little different. Differences between affiliate marketing and CPA marketing!
In affiliate marketing, the referred visitor has to make a purchase (buy something) before the affiliate can earn any money. But for the CPA marketing, it’s not so. In CPA marketing, the referred visitor only performed a certain action, that is, download an app, Subscribe to an email list, signup for a newsletter. List of CPA Network you can join today:
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- Commission Junction
- Linkshare
- Neverblue
- Peerfly
- ShareASale
- Cickbook
- MaxBounty
- ClickDealer
- CPAlead
- Cpaway
- Mobidea
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- BLOGGING
The first question newbies often ask is “what is blogging?” In a simple definition; blogging is the sharing of information in a written form via website. You have an idea or passion about any topic, then you share it with the world. The second question is “how do bloggers earn money?” There are so any ways bloggers make money with blog
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- By placing affiliate link on their blog post
- By selling affiliate product on their blog.
- By selling ad space on their blog
- Google adsence
- Yahoo! Bing Network or Chitika
- By selling their own digital products or physical products.
For more insight, check out my post on how to make money blogging
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- UPLOAD VIDEOS ON YOUTUBE
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You might have probably heard of so many persons who said they made millions from youtube and you wonder “for real?” Yes, for real my friend. The truth of the whole thing is you can do it also.
Before starting your youtube channel, read my post on how to make money with youtube
- GET PAID TO WATCH VIDEOS
So many persons don’t mind spending 24 hours just for watching video at home. Some even use their own money to subscribe to channels to watch videos. Instead of watching videos you don’t earn money from, why not use that same times to watch videos were you will be paid.
The following sites paid you to watch videos:
- Paid2youtube
- Successbux
- You-cubez
- QuickRewards (USA, Uk and Canadian base).
- Swagbucks
- InboxDollars
- SELL YOUR PHOTOS
Instead of letting that photos to be on your shelf or on your digital camera doing nothing, sell it and make money with it.
If you are interested in this part on how to sell your photos online, check out my post on SELL YOUR PHOTOS ONLINE
- TEACH YOUR NATIVE LANGUAGE
Most of people in today’s globalization world are trying to learn new languages, and there are many reasons for doing it.
Some people want to study or live overseas; some want to grow their business or just want to improve their travel experience.
The point is, there is a huge market of online language learners who are willing to pay for language couching. Your aim should be to leverage this opportunity, teach the language you know to others online and earn some handsome money.
To start teaching your native language, what you have to do is to register on iTalk
- DO SHOPPING
I know you might probably be wondering by now how can somebody earn money by doing shopping; this experience occur to me as well.
My question was “how can somebody earn money online doing shopping?”
The answer is to visit the sites listed below.
Most of these sites below will give you a percentage or a flat rate in cash back for purchasing certain items.
Here is the list of the sites:
- Ebates
- Shopmium
- Jingit
- Checkout51
- Mypoints
- Cashfusion
- ShopTracker
- DollarDig
- SELL YOUR SERVICE ON FIVERR
Do you know how to write? Do you know how to do web design or create an app, logo or a theme? Fiverr is the perfect place to sell your service. All you have to do is go to Fiverr and register for free.
- DO VOICE ACTING
Have you ever imagined from where do cartoon characters get their voices? Well they’re all provided by voice actors.
As a voice actor, you can lend your voice in animated movies, presentations, product videos, television programs, cartoons, video games, commercials, audio book, etc.
To get started, visit the following sites:
- Voicebunny.com
- Voice123.com
- Voice.com
- Fiverr.com
- GET PAID FOR TWEETING
If you are someone who loves twitter and eagerly waiting to discover a way of making money online on twitter, then there’s good news for you.
You can make money on twitter just by posting sponsored tweets.
If you have a big follower base then you can make up to $50 to $100 per tweet, and $5 to $20 per tweets for a smaller follower.
To find sponsors, signup on the following websites:
- Sponsoredtweets.com
- Paidpertweet.com
- Twitpub.com
- DO SMARTPHONE PHOTOGRAPHY
To make money this method with your smartphone you need to install some following apps on your smartphone.
List of apps you should install:
- Shashot
- Foap
- Iconzoomer
- SnapWire
You will be given photographic assignment such as taking the pictures of nature around you, fruits you eat, things inside your fridge and so on.
- SELL ART AND CRAFTS ON ETSY
Etsy is an online buyer and seller community similar to eBay, but focuses on selling arts, crafts handmade or vintage items and supplies.
Etsy provides a wonderful platform for artisans’, crafters, and creative designers which help them in spreading their work to the world wide audience and grow their business.
- MAKE MONEY PLAYING GAMES
Most people would rather spend half of their day playing games without getting paid for it, if that is you, then you have to leverage this opportunity to start making money with it.
List of sites that will pay you to play games:
- CashDazzle
- LalaLoot
- Swagbucks
- Snuckls
- Exodus3000
- PlayAndWin
- PaidGamePlayer
- Clip2play
- GET PAID TO CHAT WITH MEN
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If you are the kind of lady who love talking and writing, then this one will be nice for you to try out.
This list of sites will pay you to chat will men:
- FlirtBucks
- Lipservice
- Text121chat
- MyGirlfund
- BUY AND SELL DOMAIN NAMES
A domain name is nothing but a website address that you put on the address bar of your browser.
Your main task in this way of making money is that you need to find and register the domain name that has the commercial value which can personally grow in demand in future.
Once you have registered the domain name, list the domain for sale on a site like sedo.com with high price.
- LISTEN AND RATE MUSIC
If you can listen to music and can write an opinion base on review of the music, then this can be an excellent opportunity for you to make some money.
There are companies, advertising agencies and other individual music creators who need people to listen to their music, review it and write an opinion.
These opinions help them to check whether their music is the right fit for their project or it might need some improvement.
To get started signup on the following sites:
- Slicethepiecom
- Musicxray.com
- Musicresearch.com
- UNLOCK YOUR PHONE
Wow, we have finally get to the last, I know by now that you have learnt so much and can’t wait to start making money.
This last one is interesting and so easy to do. Unlock your android phone and get paid, ha-ha-ha.
We all use smartphones everyday and within a day we all swipe the lock screen of our phones at least 15 times to unlock the phone.
There are apps which will pay you to unlock your phone. Most o this apps will display an advertisement, images, video or an article on the lock screen of your phone. When you watch it and swipe, you earn points which can be redeemed for cash, Amazon gifts cards, or discount coupons.
Following is the list of few reputed unlock ad apps you might try:
- Fronto
- SlideJoy
- PerkScreen
- Screen Pay
If you enjoy this article, don’t forget to hit the like button, comment and share with your friends.
Some of my post you will also find interesting:
How to Make Money at Home With Your Computer
Making money through blogging requires a carefully thought out topic. If you have an existing blog with a small audience, be honest when considering whether the topic has broad appeal that isn’t already covered by other established bloggers. If it does, great! Otherwise, there’s nothing wrong with starting a second blog that will be more successful in attracting an audience, marketing itself, and making money through a variety of methods described below.
STEP ONE – FINDING YOUR INSPIRATION
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- Write down every topic that you are knowledgeable or passionate about.
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You’ll have a much easier time making money from a blog you are interested in, rather than trying to write content you don’t like because you think it will make money. Some examples are hobbies that you enjoy, your career, or some specific and miscellaneous knowledge that you have.
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- Some of the most financially successful blogs provide news on a specific topic or targeted to a particular demographic. Mashable, a blog focused primarily on social media news, was founded by a teenager in 2005 and now attracts millions of dollars in investment funding.
- Many blogs post funny videos and images around a certain topic. Fail Blog is a famous example, posting examples of mishaps, misspellings, and other “stupid” actions. It makes its money primarily through advertising, and now sells a highly successful book as well.
- Some blogs are focused on getting paid to provide links to news articles, company stores, or other third party websites. The most financially successful of these range from the Drudge, a blog composed almost entirely of conservative-leaning news links, to Smashing Magazine, a site that provides advice and product reviews to help software developers. Additional common topics covered by the most valuable blogs include business (Business Insider), sports (SBNation), celebrity gossip (Perez Hilton), and music (Pitchfork).
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- Narrow down the topics by reflecting on profitability and other goals
In order to make money, you’ll need to find a niche that other people haven’t filled already, but is still popular enough to attract a significant number of visitors. Also consider other factors, such as money you’d have to spend if your blog focused on reviewing products that you in turn would have to buy.
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- Choose a specific niche, not a broad topic. Write about training for marathons, not general fitness. Write about making glass jewelry, not arts and crafts.
- If you want to be famous or reach a wide audience, you will have to choose something slightly broader and work hard to make the best content for that topic. A subtopic relating to fitness, finance, or relationship advice is likely to reach the most people. Consider specific but broadly applicable topics such as managing money in college, or a marriage counseling blog.
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- Search for blogs that cover similar topics
Use a search engine and the search bar on blog hosting sites to find blogs that cover your topic or related topic. Read a few blog posts from the most popular ones, that show up high on the search ranking, have the most comments, or display a readership of 20,000 or more. Get an idea for how much interest and competition there is.
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- If you can’t find any popular blogs related to your topic, you probably went too niche. People interested in a topic will often visit several related blogs, and each blogger can link to the other to direct more traffic to each site.
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- If you find a popular blog that exactly covers your topic, be aware that it will be difficult to compete with them. Try to tweak your topic to a slightly different but related subject, so you complement the popular blogs instead of trying to overtake them.
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- Test how knowledgeable you are about the topic
If you’re not sure you have enough to write about, try writing as many article headlines as you can before you create your blog. If you can’t think of at least thirty that fit your topic, you should choose something else that you know more about. STEP TWO – DECIDING ON A BLOGGING PLATFORM 1. Consider a free blogging service Many people opt to create a free blog using popular services such as WordPress.com or Google Blogger. This is a good option for people who aren’t familiar with web design, don’t want to pay for their own hosting, or enjoy the ease and stability that comes with these services. These services do have limitations on how you can make money using them, however, so make sure your blog won’t break the terms of service.
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- WordPress.com supports limited advertising, PayPal links, and limited affiliate links. The website will not host blogs that contain third party ad services, banner ads, sites primarily used for affiliate links, or any advertisements for get rich quick schemes, gambling, pornography, multi-level marketing, or “disreputable merchants”.
- Google Blogger supports advertising through Google AdSense, PayPal links, and limited affiliate links. If you use excessive affiliate links, fail to add relevant content when including affiliate links, or get paid to increase someone’s search engine ranking, Google will move your blog much lower in the search rankings, greatly decreasing your audience traffic.
- If you are not familiar with these terms, they are described under Monetizing Your Blog.
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- Consider hosting your own blog
If you purchase your own domain name, you will need to pay a hosting service monthly or annual fees to keep your website available. The advantage is greater customization, greater control over how to monetize your blog, and direct access to information on blog traffic for analysis.
-
- If you aren’t familiar with web design, you should have a knowledgeable friend assist you. Self hosted blogs are more easily affected by hackers or by mistakes from inexperienced owners.
- Choose an easy-to-remember domain name, and use (yourname).com when possible if you are an author or other public figure.
- Confusingly, WordPress.org allows you to use WordPress software on your own, self-hosted blog. This is a good choice if you are familiar with WordPress.com, a free blog hosting service described above, but want the advantages of your own site.
STEP THREE – CREATING COMPELLING CONTENT
- Create and customize your blog
If you are using a free service, there should be a tutorial to guide you through the initial steps of setting up your blog, as well as a forum for people to ask questions. If you are hosting your own site, you will need someone with web design experience to customize your blog, or you can use software such as WordPress.org to use the same structures available at free services.
- Most of these blog hosting services come with paid upgrades that allow greater customization and other benefits.
- Write original content. Come up with your own topics for each blog post, and write the post yourself instead of tweaking or copy-pasting someone else’s work. Readers will come to your blog if they enjoy your writing style and your choice of topic, not to read rehashed content they can easily find elsewhere.
- You can gain readers by posting content that wasn’t previously available online, such as scans of obscure or pre-20th century books and artwork. You should still add your own commentary around this content, however.
- Update frequently
None of the techniques for Monetizing Your Blog will matter if you let your blog stagnate. Try to post at least once a week, on a subject you haven’t covered before that fits your blog’s main topic.
STEP FOUR – MARKETING YOUR BLOG
- Brainstorm keywords for each blog post
Keywords are the important words that relate to the topic of your blog, and specifically the new subtopic you cover each time you post. Choosing relevant keywords that people search for frequently will increase the visibility of your blog, attract more readers, and show them advertisements they are likely to click.
- You can use the Google Keyword Research tool to get an estimate on how much Google is being paid for keywords by advertisers.
- Include keywords in important places
Include them in your blog post title, the large “headers” introducing a new section, the first few sentences of your post, and in links. Change your settings so each blog post’s URL includes the title of the post, not the date it was posted. Try to make these as descriptive as possible to raise your ranking in search results and attract the right audience.
- Words displayed in images do not count as keywords.
- If your blog software has a “tagging” function to add keywords to each post, use this as frequently and as accurately as possible.
- If you are posting your blog using HTML instead of through blog software that does it for you, pay special attention to the
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Do you need money to pay off your debt, support your family and live your dream lifestyle? Or peradventure, you need money to celebrate this upcoming Christmas? If that is the case, this is what you must do. Start selling on eBay.
There are a lot of things you can sell on eBay, from your used product to new product. You can sell your old clothes that you no longer use, your books, electronic appliances, or buy at a wholesale price and sell it on eBay.
TO GET STARTED:
- Create your account
Creating an eBay account is simple. You will need to create a username, password, and can add a profile picture if you wish. You will also enter your basic personal information such as contact information. At this time, you will need to link up a PayPal account to your seller account as well. eBay guides you through this process painlessly. Once you do, buyers will now have a way to pay you for their purchases.
- Browse the categories and decide what to sell
Now you need items to sell. A good idea is to browse the various categories to get an idea of what others are listing. If you have an idea in mind, for example, if you have children’s clothing you wish to sell, look up the same brands and styles to see what it’s fetching. A great idea is to search the “completed listings” by clicking the box on the left of the screen. This way, you can see what items ended at and get a true indication!
If your plan is to sell your used products, for example, your clothes, then there will be no need to browse categories. What you are going to do is to bring out the clothes that you want to sell, wash and starch them.
- Take a great picture
Use natural light or a spotlight and plain background to take a clear picture. Take a front photo, a photo of the back of the item, and be sure to photograph any marking such as tags, labels, etc. This way, the buyer will feel confident that they have seen the item as a whole when placing a bid.
- Start your listing
You can now start your listing. To do this, choose the category you want the item in, upload your photos, create a title, and fill in the details. Don’t worry about forgetting any details as eBay has a comprehensive form that you just fill in the blanks. Set your starting price, auction length, and then list it. Now the fun happens!
- Watch your auction
Over the course of your auction, keep an eye on it in case prospective sellers want to ask you questions. Answer them back as soon as possible to grab any possible bids.
- Send your invoice
When your auction ends, you will get an email notification. Go to your home page and click “send invoice” to fill out the PayPal form that will be sent to your buyer.
- Ship your item
Once the payment comes in, you are ready to ship your item. Ship in a timely manner, and don’t forget to package the item well. It may be traveling far! Once your auction is complete and the item is sent, feel free to leave the buyer feedback. If you had a great experience, they are likely to do the same for you. This is important for new sellers especially because a good feedback rating will help build your credibility and buyers will be more apt to buy from you.
Don’t let the shipping cost scare you if that is the case. You’re not the one to pay for the shipping, but your customers.
8. Drop shipping
Selling drop ship product on eBay is another way to boost your earnings. You no longer spend money on packaging your products and shipping them to your customers; your drop shippers take care of that. The only thing left for you is profit.
Selling on eBay is fun and easy. Give these steps a try and create an account for yourself. In no time you will be selling like a pro!
Sign up for my 10 days course on how to make money online
Starting an online store has advantages over having a physical store front: there’s no rent to pay, and you can reach millions of customers from the comfort of your own home. To have a shot at success, however, it’s a good idea to put as much thought into starting an online store as you would for any other business. You’ll need a great product, a user-friendly website, and a solid marketing plan. Read on to learn how to get started.
STEP ONE – DEVELOPIN G YOUR PRODUCT AND BUSINESS PLAN
1. Decide what you want to sell
If you want to start an online store, you probably already have an idea for a great product to sell. Keep in mind that certain things are conducive to selling well online, while other items may be more difficult to sell when they can’t be viewed in person. In any case, you should believe passionately in the value of your product – otherwise, it will be hard to connect with customers. Here are some questions to consider:
• Is it a physical product that needs to be shipped, or is it a digital product that can be sent through the Internet?
• Are you going to have an inventory (more than one) of each product, or will they be one-of-a-kind (e.g. artwork, vintage items)?
• Are you going to want to sell a wide variety of products, or do you plan to specialize, like selling just t-shirts or books?
• Are you creating the product yourself? If so, make sure you’ll be able to keep up with demand. Form a relationship with a reliable supplier.
• If you don’t plan to make the product yourself, you’ll need a good manufacturer. Research different companies to find the one that works for your business idea.
• Decide how your product will be shipped. Create a plan to ship the product from your home efficiently, or work out a storage and shipping plan with a warehouse. You could also look into drop-shipping if the product is being manufactured by a third party.
• You are going to be intimately involved with your product or service. In order to effectively spread the word and market your store, you are going to need to socialize with people from this industry. Make sure the product is something you can get behind for the long haul.
2. Find a niche
Knowing what product you want to sell is only part of creating a successful online store. You’ll need to figure out what differentiates your services from all the other similar services people can choose, both in person or online. Why should a customer buy your hand-knit sweaters when they have 100 other online shops to choose from?
• Size up the competition. Don’t just jump into selling a certain product line until you’ve looked at the websites you’ll be competing with. Consider the main online marketplaces you plan to advertise your products; and check out the competition within those portals.
• Offer something truly original. If you’re selling handmade crafts or works of art, the originality of your work may itself be the draw that sets your product apart. Try to strike a balance between something that is highly original and also has general appeal.
• Offer expertise. Perhaps the quality that sets your company apart from the rest will be your expertise on the type of product you are selling. Maybe you’re a former baseball pro selling a line of baseball gloves, for example. Make your passion and expert knowledge part of the package.
• Offer a user-friendly purchasing process. Even if your product is very similar to other things for sale online, you can set your store apart by making the shopping experience fun and easy. Make sure your website is easy to navigate and fun to share. Be responsive and provide great customer service where others don’t.
3. Test the waters by selling your items on a small scale
In the real world, it’d be wise to try selling your products through other, low-commitment avenues (consignment, flea markets, craft shows, etc.) before taking the plunge and starting an entire store. The same is true for selling online. Try selling your items individually on eBay, Craigslist, Half.com and the like. Here’s what you’ll want to look for:
• Who is buying your product? Offer a discount coupon or free gift if they answer a brief survey. Find out where else they shop online.
• How much are they willing to pay? Experiment with different prices.
• How is customer satisfaction? This is a good time to test how well you can get your product to the customer. Are you using good packaging? Is the shipping method reliable? Are they happy with their product? Did you describe it well?
4. Make a business plan
Before you start the process of opening your online store, take the time to draw up a detailed business plan, whether or not you’re planning on getting outside funding from investors. It will help you plan the steps you’ll need to take to make your business successful. Figure out your cost of operation and map out a marketing strategy. You’ll want to take these factors into account:
• Production costs, whether you’re creating your product yourself or contracting with a manufacturer.
• Shipping costs.
• Taxes.
• Employee wages, if applicable.
• Fees for reserving your domain name and web hosting service.
5. Register your business according to your state’s laws. When you’re ready to make things official, you’ll need to come up with a business name and fill out the necessary legal and tax paperwork to register your business.
STEP TWO – BUIDING YOUR OWN ONLINE STORE
1. Register a domain name
Choose a name that’s short, catchy, and easy to remember. It should also be unique, since the most obvious names are already taken. Look up a domain registration company and try different names until you find one that satisfies you and isn’t already in use.
• If the name your heart is set on is already taken, get creative. Spell numbers out, add a small extra word or try hyphenation.
• The domain registration service will provide suggestions for close alternatives if the name you want is taken.
2. Choose a web hosting service
It’s worth finding a good service for your website, since the site is the backbone of your online store. If it’s finicky, sales will certainly suffer. Free web hosting services are available, but since you’re selling products online, you’ll need to pay for a service that offers the options you need.
• You’ll need enough space for growth if your business does well.
• Choose a hosting service that allows for customization if you’re planning on doing your own programming.
3. Design your website. Either design the website on your own or hire a web designer to create it for you. The emphasis should be on showcasing your product and making it as easy as possible for customers to make a purchase. Don’t fall into the trap of making the website too flashy – the more straightforward, the better when it comes to online shopping.
• Include a way to gather email addresses, so you can send advertisements and special offers.
• The customer should have to make no more than two clicks to check out with a product.
• Choose just a few colors and fonts to use.
4. Choose e-commerce software
This allows customers to view products and make a secure purchase. The software stores customer information and financial information. In some cases, e-commerce software factors into marketing, since it can be used to send emails to customers. Take a lot of time to research companies before making a choice, since the one you choose will play a huge role in your customers’ experience and your company’s success.
5. Set up a merchant account
You’ll need to set up an account with a bank financial institution so that your customers can pay with credit cards. Going with a bank can be pricey, so many small online store owners go with PayPal as a less expensive option.
STEP THREE – USING AN AL- INCLUSIVE E-COMMERCE SERVICE
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1. Research all-inclusive e-commerce services
If you don’t have the inclination to set up your own website from scratch, there are plenty of services that offer a platform for an online store you can set up in just a few hours, for a very low cost. This way you will not have to learn how to code or hire a web designer, and you’ll have all the tools you need to start selling your product right away.
• All-inclusive services usually take a small cut from each sale you make.
• The services have benefits, but there are also limitations, since you have to operate within their systems. Get familiar with the different services before choosing one. If you don’t find one that suits the business model you have in mind, reconsider starting a new online store on your own.
2. Consider general e-commerce services
Companies like Shopify and Yahoo! Stores will allow you to set up professional-looking online storefronts when you ship your own inventory. Hosted e-commerce solutions go further to provide storefront design, secure payment, hosting, mailing lists, selling statistics, customers support. This is attractive for those who don’t want to do their own programming.
3. Look into reselling products for a profit
Affiliate store services such as Amazon eStores LLC allow you to resell products carried by Buy.com and other merchants by writing reviews of products and focusing on a theme that makes consumers’ lives easier. Amazon eStores stores allow you to get running quickly, but don’t allow you to carry your own physical inventory.
4. Take eBay to the next level
If you’ve already sold some stuff on eBay, and you’re confident that most of your customer base will find you there, then you can “graduate” to an eBay store to save money on listing fees.
• If you haven’t used eBay before, this approach may not be for you, since it’s best to start with an existing customer base. Your customers will need to be web-savvy enough to feel comfortable using eBay.
• Note that eBay tends to attract people searching for bargains and one-of-a-kind items.
5. Consider Tips for general sales
Tips is an online marketplace where you can post one item or create an entire catalog for free. You upload some photos, describe the items and price them to sell. It’s free to post goods for months without having to update the listing. When the item sells and is $35 or less, it’s a 5% fee. If the item is $35 or more, the fee is 3%. On top of putting goods up for sale you can embed videos, blog about your products and services and connect to your twitter account directly from the site for free.
6. Try Cafepress if you’re selling customized items
Cafepress is a service worth considering if you’re selling mostly t-shirts, and other stuff you can “stamp” with your unique designs, such as mugs, stickers, and buttons. Customers browse your store, order their stuff, and Cafepress processes the order and the items for you. You can start a basic shop for free, and pay a monthly subscription for more features.
7. Sell crafts on Etsy
Etsy is a popular choice for people who make what they sell. There’s a 20 cent charge for every item listed, and Etsy keeps 3.5% of your sale price if the item is sold. You get paid directly and are responsible for shipping the item. You’re charged fees (depending on what sold) on a monthly basis.[5]
8. Try selling on Instagram
Instagram is world’s most rapidly growing social network with highly engaged audience that is great for selling fashion items, handmade goods and products for home. Upload pictures of your items for sale to Instagram and then sync your account with inSelly.com to create personal online shop from Instagram pictures. Payments will be powered by PayPal, service doesn’t take membership fees or sales commissions.
STEP FOUR – ATTRACTING AND RETAINING CUSTOMERS
1. Promote your store on Facebook and Twitter
Social media platforms are an important way for businesses, especially online businesses, to market themselves. Start an account and encourage people to “like” and “share” your store’s page to spread the word.
• Offer incentives for customers to promote your store. You could offer a discount or a free giveaway for those who participate.
• Be sure to keep the accounts up to date with information on new products and deals.
2. Start a blog
Pairing your products with expert knowledge is a great way to attract more people to your site. If your product is fashion-related, start a style blog that features some of your products from time to time. Find a way to participate in online conversations related to the product you are selling.
• Some all-inclusive services offer a blog feature as part of your “storefront.”
• Feature other companies’ products on your blog, and ask them to feature yours in return. This is a common practice among small online vendors.
• Send samples of your product to prominent bloggers or websites that do product reviews.
• Do guest posts on other people’s blogs. For example, if you’re selling homemade cookie mix, debut your product on a prominent baking blog.
3. Email customers about promotions
Use an email program like MailChimp to organize customer email addresses and send well-formatted email blasts informing customers about special deals. Don’t abuse this method of getting in touch with customers, though – they may end up unsubscribing if you send emails too often.
There are thousands of legit and high paying business you can do online, no barrier or restriction, the only thing you need is your laptop or smart phone and subscription.
You don’t need any capital to start, it’s quiet easy and simple to get started. But as easy and simple it is to get started, lot of your time is needed at the biggining before you start making real money. Don’t let this scare you, am assuring you that if you devote your time to it, two – three months you will start making real money.
Am quiet sure that you’re really argitated to know what these business are, calm down, we’re about to look into them in details. Once you start making money with your business, don’t forget to send me my own part of the money! Am just kidding! Ha-ha, ok, lets go.
- Affiliate marketing
The question many newbies often ask is “what is affiliate marketing?”
The answer is quiet simple. Affiliate program is a marketing practice where affiliates earn commissions for referring customers to advertisers website. For example, if you become an affiliate for amazon, you will be given and affiliate link, if somebody make a purchase with your affiliate link, you’ll get a commission.
There are many ways to promote your affiliate link to make sales, but the purpose of this article is how to start your business online with no money.
You’re not going to spend money creating or designing a website, base on today article, what you have to do is open a pinterest acount for your business and start making sales.
Want to know how to make money with pinterest? Then go to my pinterest account to know how. Don’t forget to hit the follow button to continue reading my post on pinterest.
- Vlogging
Do you have any idea on the word vlogging? Maybe you’re saying in your heart, “what in the whole world is he talking about!” That means you’re just hearing the word vlogging for the first time.
Ok, what is vlogging? So simple and brief! Vlogging is the making and uploading of videos on youtube and other similar platforms.
Want to know how to start making money on youtube? Read my post on how to make money with youtube.
- Drop shipping
To know what drop shipping means and how to make money doing drop shipping, read my article on this subject. Drop shipping
- Freelancing
Many people have been making money online with the simple act of doing what they love to do best. A friend of mine made $ 1000 a month just by doing freelancing business. There are many way’s to make money on freelance network, you can make money by doing web design, writing, copy and paste work, etc.
If you’re interested in starting a freelance business, then go to freelance.com or fiverr.com
- Sell your photos online
Maybe you’re a photographer or you love taking photos with your phone, instead of letting those photos to just stay on your desk or phone doing nothing, you can sell it and make lot of money with it.
Want to know how to start selling your photos?
Check out my post on how to Sell your photos online
- Take survey
I’ve done so many business online to make money including taking surveys. Though, I did not make any money from those surveys I took. But many so called online entrepreneurs claim they made lot of money doing survey work, though I didn’t doubt them. Maybe the reason why I didn’t make any money from survey work is because that platform is not met for me. You can try it for yourself, maybe you will make money with it.
Here are few survey sites you can try with:
- Ipsos
- Swagbucks
- Toluna
- Pinecone Research
- GlobalTestMarket
- Nielsen
- FusionCash
- Vindale
- OpinionOutpost
- Sell your product
Join a free platform like storenvy for example, of any other platform that will allow you to sell your physical or digital goods for free. There are even platforms that let you list for free and take a percentage of your sale.
Thanks for reading. Have any of these tips work for you? Are there any tips that I missed? Do share!
Before I start, let me first tell you what drop shipping means. This is the question most persons will like to ask “What is drop shipping?”
So simple: Drop shipping is a business model that allows you to buy products individually from a wholesaler and ship them directly to your customers.
It’s very possible for you to start your drop shipping business with no money, no inventory, and no prior experience!
With a drop ship business, your success depends on selling products which are then shipped directly from a manufacturer or wholesaler to your customer. Your profit depends on the difference between the wholesale price and the retail price (what you sell it for). You can run your business in a variety of ways (physical store, catalog, website) but this article will focus on doing it through eBay.
STEPS
- Create a seller account on eBay. Part of your investment in this business will be in listing fees on eBay.
- If you’re not familiar with eBay, read How to Sell on eBay
- Research drop ship companies, also known as suppliers. Choosing suppliers that are in the same country as your intended customers will likely make shipping easier. Use a directory or other drop ship source such as Worldwide Brands, Doba or SimpleSource – they do the work of finding legitimate suppliers for you.
- Watch out for scammers who pose as suppliers but are really just middlemen themselves. They’ll take their own cut of the profits, thus reducing yours. If they require a regular fee for using their service, consider that a very bright red flag!
- Decide what you want to sell. It’s important to check whether there’s enough demand (and not too much supply) for the products you want to sell. Here’s one way to find out:
- Go to eBay
- Click “Advanced Search”
- Enter product (e.g. Art decorating lamps)
- Sort by “Price Highest First”
- Select “Completed listings only”
- Click “Search”
- Make note of the best selling products
- Establish an account as a retailer with the supplier. E-mail, call, or send a letter asking how to become a retailer of their products and ask if they will drop ship to your customers. You’ll also want to find out if they’ll put a custom return label (with your store name and address) on the shipments, so that the customers assume you sent it.
- Don’t be surprised if the supplier you contact for a retail account requests a tax ID. In order to purchase products at a wholesale cost, many will require this information.
- List the items on eBay. Upload images and descriptions from the suppliers’ websites. Make a detailed, professional looking listing. For better results, provide your own descriptions and pictures of the product you’re selling (if you have samples). The price should be low enough to compete against similar items, but high enough to give you a good profit, once you account for listing fees.
- Read How to Advertise Effectively on eBay and How to List Items on eBay for tips.
- Contact the distributor when your items sell. Give them your customer’s shipping address. They will send the product directly to your customer. Follow up to make sure the shipment came on time, and as described.
Have you done drop shipping business before? So tell me how was it!