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| 3 minutes read

3 minutes read

10 Online Business Ideas For 2020 With Low Investment

| Published on October 30, 2019

The World Wide Web has opened so many doors for the world, that if you have the zeal to earn and learn – there’s practically nothing that can stop you. Infact, it is comparatively easier as you can earn money from the comfort of your own home. Let me give you some quick ideas that can be your source of income with very minimal or no investment.

1. Start a blog

Writing blogs is a great way of sharing your knowledge in a particular field with others. You can write a blog on a vast variety of topics – a food blog, a travel blog, an entertainment blog or any other topic you like.

It is easy to monetize your blogs. The most popular way of monetizing a blog is affiliate marketing.

2. Dropshipping

The traditional idea that you need a warehouse filled with goods to conduct business is becoming non-existent.

Dropshipping is a retail fulfillment method wherein a store doesn’t stock the goods it is selling. Instead, it purchases the goods as and when required from a third party and directly ships it off to the customer.

3. Start Tutorials

The best way to give tutorials is by creating videos. Select a subject you are familiar with. Start making videos of you explaining the different aspects of the subject. Create several detailed videos on the topic. Then you can host it on an online course platform like Udemy.

4. Virtual Assistants

There are many time-consuming yet important activities that most marketers want to outsource to capable hands. A virtual assistant helps them do these tasks.

A virtual assistant may have to do the following tasks- email management, social media promotion, audio/video editing, etc.

5. Affiliate Marketing

Affiliate marketing is one of the easiest and most popular ways to earn money online. It enables you to conduct business without having a physical inventory. You refer a product to someone and when they buy it, you get a commission.

6. Website Flipping

This is comparatively more time consuming than the other ways but requires minimal investment. It is the process of buying an existing website, redesigning it and then selling it for more profit.

7. Freelance Writing

It is quite understandable that writing is not everyone’s cup of tea. But if you like writing, and are good at it, this might be just the thing for you.

You can offer your writing services to magazines, blogs, and other businesses.

8. Podcasting

Podcasting is quickly gaining momentum as one of the most popular ways of earning money online. As the field is growing, people are making great money by landing deals with advertisers and selling goods to us.

Just like blogging, you can make podcasts on any topic you prefer.

9. Vlogger/Youtuber

Over the last few years, many content creators and vloggers have emerged on YouTube and other similar platforms.

If you are creative and have some video editing skills, this might be a great opportunity for you to earn money without investing much.

10. Social Media Consultant

Businesses now look to social media for promoting their products at a cheaper rate to a wider section of society. You can help these businesses manage their social media profiles for better promotion.

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