Case Study

3 Online Business Ideas You Can Start Right From Your Sofa in 2022

 

 

The time has gone by when "having a business" meant having a head office with workers and even a product of its own. There are more and more ways to create an online business that does not require a large initial investment. In this article, we will give you some online business ideas that you don't even need to get off the couch for (unless it's to get your computer).

 

 

3 Business Ideas You Can Start Today With Little Money in 2022

Dropshipping: to sell products from other companies

 

 

Simply put, a dropshipping business sells products from other vendors. This means that there is no need to buy inventory in advance and store and manage the products.

In such a business, an agreement with a supplier is required. Thus, whenever a consumer submits an order in your online store, their job will be to purchase the product from the supplier, and the supplier will be in charge of delivering the order directly to the consumer.

Thus, you will have control over the entire product promotion and sales process, but you will also have to deal with the customer support aspect. In other words, the management of delays in deliveries, complaints, or returns will be your responsibility. Therefore, the secret to a successful dropshipping business lies in selecting a reliable supplier that has reasonable delivery times and good quality products.

The usual profit margin of a dropshipping business is lower compared to that of a traditional retail business. While a traditional retail business has a profit margin of around 60-70%, a dropshipping business has a profit margin of only 20-30%. On the other hand, the risk is also much lower although the profit margin is lower.

To start a dropshipping business, the only initial investment you will have to make will be in the development of the website where you will be promoting the products.

 

Print on Demand: to sell products with designs created by you

 

 

Print on Demand is an e-commerce business model where, similarly to the dropshipping business, it will also create a partnership with a supplier but in this case, it will sell customized products such as t-shirts, hats, mugs, calendars, and more.

This type of business is particularly appealing to designers and creative people as it will create the designs used in the products you want to sell. Otherwise, the structure of the business and your responsibilities will be very similar to those you would have in a dropshipping business.

You won't need to buy and store any inventory in this model, resulting in a reduced initial investment. The only investment you will have to make will be, once again, in the development of your website.

The Print on Demand allows you to give life to your design ideas with little investment. At the same time, this model is also a great way to test a business idea, branding strategy, or even a new product line for an existing retail business without paying for inventory in advance.

 

Blog: to get paid for views, clicks or for promoting third-party products

 

 

Blogs are one of the first business models to emerge with the advent of the internet. They are like an online magazine, in a particular niche, that people turn to for advice, information, and other resources.

Most blogs generate revenue through ads, and the platform that many blogs start out using is Google AdSense. When using this platform, the blog owner can choose where they want the ads to appear or can use the automatic ad insertion option. Once the ads start showing on the blog, you will be paid for each ad click and for each thousand visits to the blog.

However, Google Adsense is not the only tool that allows you to monetize a blog through ads, nor is it the one that pays better. There are other tools, such as Mediavine, that pay more for every click. However, they have more demanding criteria, since any blog is not accepted on their network.

In the case of blogs that focus on a specific niche, and whose content is aligned with certain products and services, it is also possible to create a passive income, through affiliate marketing.

Affiliate Marketing is when a blog promotes a company's products or services and receives a commission for every sale made through it. These affiliate programs are created directly by companies (most common in large companies), or they are available on websites such as Clickbank or Affiliate Junction, where you can find various products in several different niches.

Project Overview

Client: Zonedweb

Published: 05/12/2021

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