Friday, December 4, 2020

top 5 business in zero investment

 

     Online businesses

Online Business or e-business is any kind of business or commercial transaction that includes sharing information across the internet. Commerce constitutes the exchange of products and services between businesses, groups and individuals and can be seen as one of the essential activities of any business. Electronic commerce focuses on the use of information and communication technology to enable the external activities and relationships of the business with individuals, groups and other businesses, while e-business refers to business with help of the internet. Electronic business differs from electronic commerce as it does not only deal with online transactions of selling and buying of a product and/or service but also enables to conduct business processes (inbound/outbound logistics, manufacturing & operations, marketing and sales, customer service) within the value chain through internal or external networks. The term "e-business" was coined by IBM's marketing and Internet team in 1996.

 

                               Top online business

 
1.
Start a Blog and Monetize it

blog (a truncation of "weblog") is a discussion or informational website published on the World Wide Web consisting of discrete, often informal diary-style text entries (posts). Blog can also be used as a verb, meaning to maintain or add content to a blog.

Follow these 6 steps to learn how to create your own blog:

·        Pick a blog name.
       Emphasize what your blog posts will be about with a creative name.   

·        Choose your blog template.
      Customize the design of your blog to match your style. 

·        Start writing posts.
      Use your unique tone and voice to share your expertise.

·        Connect your domain.
      Get online with a domain name that makes it easy for people to find you. 

·        Publish posts and go live.
      Launch your blog with posts you’re passionate about.

·        Share your posts.
      Engage with followers by sharing blog posts and replying to comments.

Related site to start blogging:

·        WordPress

·        Gator by HostGator

·        Blogger

·        Tumblr

·        Medium


2. Get Started with Affiliate Marketing

Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate's own marketing efforts.

Affiliate marketing is an online sales tactic that lets a product owner increase sale by allowing others targeting the same audience— “affiliates”—to earn a commission by recommending the product to others. At the same time, it makes it possible for affiliates to earn money on product sales without creating products of their own.

Simply put, affiliate marketing involves referring a product or service by sharing it on a blog, social media platforms, or website. The affiliate earns a commission each time someone makes a purchase through the unique link associated with their recommendation. Done well, this performance-based opportunity can become an important part of your business by netting you a healthy income.

There are two main ways most people do affiliate marketing:

·        Information productsYou promote products like eBooks, membership sites, video series, etc. This type of affiliate marketing can earn you up to 50% or more in commission, has relatively low barriers to entry, and it’s easy to find products to promote.

·        Amazon partners: Many affiliate marketers have success with Amazon. There are literally millions of products to choose from, and it can be quite profitable. For more information, you can check out the Amazon Associates Program.

Related site to start Affiliate Marketing:

·        1.ShareASale Affiliates

·        2. Solvid Affiliate

·        3. Amazon Associates

·        4. eBay Partners

·        5. Shopify Affiliate Program

Quick side note: Before you start affiliate marketing, it helps to have at least a basic knowledge of SEO and copywriting (more on each of these later).

That being said, you can read a few copywriting books and look through the beginner’s guide to SEO from SEO Moz to help you get started.


3. Set Up an E-Commerce Site

An e-commerce website, by definition, is a website that allows you to buy and sell tangible goods, digital products or services online. Trade, be it barter exchange or buying and selling of goods and services has been prevalent for centuries. No one can be self-sufficient.

E-Commerce, also known as e-Business, or electronic business, is simply the sale and purchase of services and goods over an electronic medium, like the Internet. It also involves electronically transferring data and funds between two or more parties. Simply put, it is online shopping as we commonly know it.

It’s still not easy by any means. It requires hard work, and you need to stand out amongst the hundreds of thousands of e-commerce websites and online stores. But by filling a unique niche and executing the right marketing techniques, you can make your e-commerce store a profitable success.

Here are some tips to help you get started with your e-commerce store:

  • Find a profitable market: Brainstorm some ideas, do keyword research, and try to get as specific as possible. For example, there is probably a lot of competition for selling surfboards. But if you narrow it down to surfboard racks, you may have a better chance of standing out in the market.
  • Ask yourself, “Is the product expensive?”: There are costs associated with manufacturing, distribution, reselling, etc. If your product isn’t expensive (at least $50 or more), there may be no profit left by the time you sell the product.
  • Ask yourself, “Is the product in a growth market?”: If your market has already passed its peak (i.e., the VCR market) and is on the downslope, you probably don’t want to get involved. Instead, you want to get into an industry that’s on the upswing – that’s where you’ll have the most profit and growth potential.
  • Consider building a Shopify store: Shopify is a system built for e-commerce. With some basic web knowledge, you can set up a good-looking store very quickly, with a low-cost investment and with no coding needed. Shopify has a 30-day free trial too, so you can get started without spending a dime.


4. Self-Publish a Book on Amazon

Have you ever thought of writing a book, but didn’t know where to get started? All the publishing nonsense, editing, and formatting, marketing, etc.?

With Amazon, you can self-publish a book fairly easily, and really make money from it. There are some simple and inexpensive guides to help you write your book AND have it generated consistent income.

Here’s the secret sauce: If you can launch your book and get a few hundred sales in the first week, Amazon will take over and start promoting it for you. This way you can make some real money from it. It’s actually easier than it sounds, but we’ll get to that in a minute.

Here are a few tips for writing a book:

  • Validate the book by giving a survey to friends, an email list, and/or survey sites like Pick Fu. By validating your idea before you write the book, you’ll improve the odds of people willing to buy your book (and you’re not wasting your time by writing it.)
  • Create an outline and stick to it if possible.
  • Set aside at least 30 minutes to an hour each day to write.
  • Format the book according to Amazon’s standards.

Once the book is written and formatted, you can head over to KDP.amazon.com. Log in with your Amazon account, then under “Create a New Title”, select “Kindle eBook.”

Here’s a good strategy for your book’s launch week (to get 100+ sales):

1.     Set the price at 99 cents for the first week.

2.     Run a 99-cent promotion with sites like Buck Books and Robin Reads.

3.     Post a book excerpt on a relevant subreddit and link it to your book page at the end.

4.     Post 1-2 guest posts during the launch week that link back to your book page.

5.     Blast your email list multiple times.

6.     By the end of the week, hopefully, your book has eclipsed the top 5,000 or 10,000 overall paid ranking. From there, raise the price to $2.99, and continue raising the price $1 at a time every few days until it stops selling (then, lower it back by a dollar). This will tell you the optimal price for your book.


5. Create a Digital Product or Course

Creating a digital product or course is similar to writing an eBook. You’re monetizing your expertise by teaching it to the others.

That being said, you don’t have the benefit of Amazon promoting your course. You have to do the promoting yourself through your own website, your email lists, and possibly through affiliate partnerships. You also need to create a compelling sales page that will convince visitors to buy from you.

If you don’t already have an audience, it might be better to self-publish on Amazon first. That way, you can validate your course idea, grow your email list (just make sure to have an email opt-in at the front and back of the book), and more or less create a rough draft of the course (since it will probably be similar to the book).

Here are some additional resources to help you with an online course creation:

  • TheRiseToTheTop.com – David Site man Garland’s website that’s helped thousands of entrepreneurs launch profitable online courses.
  • Monetize Your Expertise Podcast – Helpful episodes by online course expert Grant Wakerley to help you start your fist online course.

3 comments:

|Google Glass| |Glass-like Help people with memory problems|

Google Glass-like device is Help people with memory problems.   The google Glass project met a sad demise a few years ago, but its applica...