Online Business Ideas for Beginners
(Made 12/2018; Modified 11/2022) Post may contain affiliate links; click here for statement.
You are perhaps curious about how to begin online tasks for success. Things may go better if you take things one step at a time. When it comes to online business ideas for beginners, there are quite a few. We'll look over some in the following reading.
This list proceeds from free, to low cost, to higher cost. This is so any beginner can grasp startup costs, if that happens to be an important factor.
The theory is ... spend time, lose time. It's best not to spend too much time wondering which is the best way. And time is something that doesn't really return. A plan for action is nice to have, but not at the expense of total inaction.
So then, some of the online businesses available today include ...
1. Sell Others' Products
Money needed: None.
Offer to sell the products of other people you know. This is a great selling idea when having no funds. It can "get your feet wet" before heading off into the vast waters (into the world) of online selling. And it's great because this doesn't need money to begin.
Market through free methods. Stuff can be sold by having a yard sale, or by joining a neighborhood market sale event. If something is popular enough, make a do-it-yourself flyer. Ask if the local city council, school or church hall will let this be posted on the bulletin board. While online, there are many free local marketplaces, such as Craigslist or OfferUp.
So just ask others around you if they no longer need stuff. Then offer to sell these things and split the revenue returned. Think potential here. Possibly turn a $100 profit through a bit of work. Then take that to invest in products. Just buy low and sell high. Find things on-the-cheap and buy 'em up. Grow the revenue.
It's nice to know you're not in some race. Either grow fast or take your time. It's all up to you as the individual. One way not to lose the revenue returned is to jot down what has been earned by selling. Then come back to that amount later and begin from there. For example, you could just put these earnings in some savings account. This can help if you live a very busy life.
2. Develop Websites
Money needed: $0-$100.
Now, even someone who doesn't have much money can succeed with this. There are several cool options to learn HTML for free online. Learn the language of the web and develop a website for a needy individual or small company. This is one service that Draft Nook offers. In fact, if you need a website built or sections to be developed, just contact to inquire about this.
Some money on business cards could be used initially for marketing your skill. Or begin for free by the word-of-mouth effort, reaching out to others. When beginning, either go with a free hosting company or buy a domain with hosting. Place some examples of your work there.
Some effort is required beforehand. Learning HTML (hypertext markup language) and CSS (cascading style sheets) forms a nice framework from which to develop. And these are fairly easy to begin learning. Free resources can even be found online.
Try both tactics of developing skill and seeking work. By doing both, the portfolio could grow for an easier time of getting work later and more revenue could result from one's skill level.
3. Sell Clothing Products
Money needed: $0-$200.
A Shopify Store is an excellent option for a clothing seller who wants to begin their own thing instead of relying on an already existing online store.
This initial one is for the do-it-yourself clothing store. Though it costs some, if you're serious in developing or designing apparel, it's recommended. The reason is you're in control. A company can't decide just to let you go, and there are no restrictions on the kinds of apparel that can be made. Further, third-party fees can be reduced or eliminated.
Shopify is easy to figure out and is a great option for the beginner. They offer a large article support system also. So there are plenty of advantages to going this route.
To get visits, one may need to either buy cheap ads or have some social influence to bring others over. These are at least two known easy ways to develop success here.
Third-party options also exist. These can still cost since fees exist, for each sale sometimes. If you haven't artistic ability, buying and selling used vintage clothing is also an option.
What an interesting time to be alive! In times past, big clothing retailers or outlets were the places to go. On top of that, there existed only the brick-and-mortar store options. The modern days are vastly different. Many more options exist to begin selling clothing, even without having to purchase clothing before actually making sales. Add to that the possibility of having an online presence, and the chances for success increase for the budding entrepreneur.
One existing marketplace to sell clothing is called Etsy. This is doable since many individuals commonly go there for artistic apparel. Options include handmade clothing (probably quite difficult), licensing design work for clothing prints, selling vintage clothing from years past, and probably other ways too. Research would be needed beforehand, to determine how you want to sell clothing. It could be quite a process just to set things up, especially if the method considered is outside normal bounds.
It really is incredible the amount of opportunity available today. This is vastly different than say, the 1980s for example. Things really have shifted from the old brick-and-mortar way.
4. Make An Online Website
Money needed: $0-$200.
Own the business. That's the big advantage here.
Think of things like this. It's comparable to owning a house. Just pay the property taxes and everything's okay. For the website, just pay the domain fee and hold onto the property. This might range from $0-$50 per year.
Another positive. Just like a house, a web domain's value may appreciate over time. If you build it, they will come. A domain may be grown to new heights and attract buyers. This is relative to the effort involved in making something of the website property.
Costs involve both the domain and web hosting. If the domain is the house, the hosting is like the land. The domain needs somewhere to be hosted or placed online. Hosting might range from $0-$100 to get going. That's why $200 tops should easily cover all these yearly expenses.
Huge variance. The topics of what to do with the site, how to initiate marketing, or what other tasks may be involved are too complex and varied to be covered here entirely. Many of these things depend on the individual, what business one wants, what topics one wants to cover, whether a site is for personal or business reasons, and many other things of course.
You could visit the domain and hosting recommendation page before beginning. If this is the chosen way, here are several areas of knowledge to think about beforehand.
Start A Business With 500 Dollars
5. Sell Physical Products
Money needed: $0-$500.
There are two big businesses today that allow the individual seller to sell through their marketplaces. Maybe you've heard of both, as they are Amazon and eBay. Both allow third-party selling to occur, as this helps to grow their big markets and influence. So the advantages work both ways. Try and play by the rules for either one, if you end up selling through either. If things seem strict, try and look at it like "smart business". After all, they have much to watch over for the result of having stable growth and not heavy losses.
This kind of thing can be begun with zero dollars, just by finding things not needed anymore. Think of this like having an "online yard sale". Alternatively, buy things with some initial capital and resell products for a high margin (the amount received from the sale of the product). Subtract the buy cost from the margin received, to determine the overall profit. For example ...
- Buy product for $10 cost
- Sell for $30 total price
- Subtract $5 selling fees
- The margin left is $25 total
- Subtract buy cost from margin
- The profit is the $15 that is left
The reason both of these markets are preferred when selling physical products online has to do with their traffic. The amount of visitors each of these big sites receives makes selling far easier. Presume you try and begin your own online store from scratch. You'll likely discover the big problem is the great lack of human visits. Without visitors, sales don't occur.
If you read through the rules to begin on either of these two selling behemoths, you can discover which one is better for your circumstances. So because of the great amount of buyers, you can choose either of these as one of the best online business ideas for beginners.
You could visit the business mindset post regarding the topic of staying positive. Having some inspiration for having the appropriate mindset can go a long way.