by Mika » 24 Aug 2023, 09:45 If you have not been able to start your business because of lack of funds, here are three businesses that can be created with zero cost.
Print-on-Demand
Print on demand business model has grown at an exponential rate in recent years. This business model can be started with zero cost, and without any advanced level skills. There are numerous platforms where you can do this business.
Amazon, Redbubble and Zazzle are completely free platform for Print-on-Demand business. You can just submit your design and start selling. eBay is also free but in order to use ebay for print-on-demand, you will have to integrate print provider like printify or printful. Etsy requires small listing fees and just like on eBay, you will have to integrate print provider with Etsy to do this business.
You can also do it on your own website but you need money to create a website.
Dropshipping
This is another popular business model that does not require any investment. Well, if you want to create your own store, you of course need money for domain and hosting or pay for subscriptions, however, if you do it on online marketplaces, it is completely free.
You can do dropshipping business on social media platforms like Facebook and Instagram. On Facebook, you can either try Facebook Marketplace or Facebook Shop to create a dropshipping business. On Instagram, you can use Instagram Shop for your dropshipping business. You can also do it on eBay
First of all, you need to go to a supplier like Aliexpress, CJ Dropshipping, Made In China, etc. Find a product you want to sell and then list it on the platform where you want to sell. When someone orders the product, you will have to forward the payment details to your supplier and your supplier will do the rest of the work.
Affiliate Marketing
You can do Affiliate Marketing from your website, social pages, as well as newsletters. If you want to do it through your website, you need money to create a website but affiliate marketing through social pages and newsletters is completely free.
How to Sell
This is the most important thing that needs to be addressed. Starting a business is just 20 percent of work, and selling the product is the remaining 80 percent of work.
The best method is social media marketing. You need to build followers and then promote among your followers. Or, use social media advertising to reach people. It requires a small investment, though.
If you spend $100-$200, you can easily build 10k-20k followers. If you have just 1 percent conversion, you will be selling 100-200 products and can not only recover your ad budget, but you can also make profits.
