How to Start an Online Business with Less Than $100
If you’re someone looking to start an online business but don’t have much money to invest, you’ve come to the right place. In this blog, we will explore five to six different methods of making money online with a budget of less than $100. Some of these side hustles can even be started with $0 investment. Stick around and learn how these methods can potentially change your financial future.
- Drop Shipping on eBay
Contrary to popular belief, Drop Shipping on eBay is not dead. With millions of monthly shoppers and sellers, eBay remains the second most visited e-commerce platform globally. The advantage of starting a drop shipping business on eBay is that you don’t need an advertising or marketing budget. All you have to do is register for an account, find winning products, and optimize your listings using eBay SEO techniques. To find popular products, you can directly visit your drop shipping supplier’s website or use tools like Zanalitics for product research.
- Drop Servicing
You advertise services to customers and outsource the fulfillment to freelancers on platforms like Upwork, Fiverr, or Freelancer.com. The key to success in drop servicing is to focus on a specific niche and find reliable freelancers who can provide the services you offer. Reach out to potential clients via Instagram DMs or email to get your drop servicing business off the ground.
- Starting a YouTube Channel
YouTube is a powerful platform for connecting with like-minded individuals and earning money through Google AdSense. Whether you choose to show your face or create videos without showing yourself, YouTube offers a free and accessible way to share your interests and earn an income. You can even create videos directly from your mobile phone using various apps. Consistency and choosing a niche that interests both you and your target audience are key to building a successful YouTube channel.
- Newsletter Based Business
Building a newsletter-based business allows you to establish direct communication with your subscribers. You can recommend products or services to them and potentially monetize your email list. Provide valuable content to your subscribers to keep them engaged and willing to receive your emails. Building an email list within a specific niche can open up opportunities for monetization and even selling your newsletter in the future. Platforms like ConvertKit offer free trials and useful tools for building your email list.
Contrary to popular belief, blogging is not dead. Google remains the most visited website globally, and people still rely on blogs to find answers to their questions. By creating a blog and ranking it on the first page of Google, you can attract a vast audience and monetize your website through various means. Hosting a blog is affordable, and platforms like WordPress offer plugins like Yoast SEO to optimize your articles for search engines.
Whether you choose to drop ship on eBay, offer services through drop servicing, start a YouTube channel, build a newsletter-based business, or create a blog, there are opportunities to make money online with less than $100. The key to success lies in finding the right niche, providing value to your audience, and staying consistent. Start your online venture today and change your financial future.