Out of every situation in life, there must surely be a solution for it, that was one of the great lessons COVID-19 PANDEMIC taught us in the year 2020. Fast forward to 2021, what if the situation becomes severe? The stay-at-home and social distancing rules become more strict? Although we don’t wish for that. The question is what will you do, how would you cope with your life when at home, going online to do business becomes the norm for you.
WHAT IS ONLINE BUSINESS
Online business is a business that conducts all its activities and generates revenue over the internet. Engaging in online business includes buying and selling products online or rendering services online.
Having a website is paramount to your online business because it allows easy interaction between your customer and the business. To learn more about websites read this article http://netwalkers.com.ng/cms-or-custom-website-which-to-go-for/
It consists of some tools that bring about an increase in revenue such tools are content marketing, search engine optimization, social media marketing, paid ads, etc.
Learn more on content marketing
The internet created a good platform for business to thrive on, it has created a leveled playing field for everyone. Practically speaking, anyone can start an online business today and start making money with a computer and no technical experience is needed. There are plenty of tools today that you can use to set up an online business which makes the technical aspect a lot easier than it was some years back.
You can set your schedule, work at your own pace, depending on how fast you want to grow your business, and also live anywhere you want as long as you can lay hands on the necessary tools needed for the online business.
The most interesting part of it is that you don”t need a lot of capital to start up an online business. You can even start with no money at all because there are a lot of platforms that provide free services to facilitates the possibilities. For example, setting up a free blog or website using WordPress or you make use of a third-party site like AMAZON or eBay to sell goods with no inventory costs using their selling platform in exchange for giving some percentage on your sales,
There is a lot of online business you can start from the comfort of your home in 2021, so sit back and relax as we share some of these great online business ideas with you.
1. DROPSHIPPING/E-COMMERCE BUSINESS
Dropshipping is one of the best online businesses you can from the very comfort of your home.
Dropshipping is a business model and a fulfilling process that allows you as the seller to have no product of yours but can buy directly from a supplier or manufacturer and ship to your customers. All you need to do as the seller is to display the products in-store, then a buyer comes to purchase a product the seller source from a supplier and shipped directly to the buyer. The idea is to do good market research and identify the product in high demand or you offer varieties of different products such as fashion, beauty, home, and a lot more since you don’t buy the item yourself.
2. PRINT ON DEMAND
Just like dropshipping, print on demand is also an easy way to start up an online business most especially for online clothing retailers. The print-on-demand service provider allows you to customize white-label products such as bags, mugs, t-shirt, etc. by putting your design on it and sell them to the buyers. What you do is display the mockup design and products in your store. Once there is a purchase order from a buyer, print on demand service will do the printing and shipping to the buyer. It will be interesting to know that you don’t have to pay for the products until you sell them just like dropshipping.
3 ONLINE COURSES AND COACHING
Due to the recent outbreak of COVID-19, the demand for online courses or coaching is becoming the norm in our society. Schools and learning institutes are tapping into this opportunity created by the pandemic. As a person looking to start up an online business, selling courses online is a great opportunity. It has become easy to share knowledge or expertise via online platforms, all you have to do is find a good subject matter you are knowledgeable about and teach a course regardless of your location. Build a community to help while you build your online coaching business and get a substantial income.
Selling photos online is a common thing among photographers, which is a good online business to start as a photographer. You can sell photos online via the following stock site iStock, Getty Images, Shutterstock, and so on or wherever the demand for your kind of photos exists.
If photography is a part-time or full-time job for you selling photos on those platforms is a good online business you can start and earn meaningful income if you put in the required time.
5. GRAPHIC DESIGN
With the increase in digital marketing, digital marketing agencies and other companies are on the hunt for a skilled graphic designer to help create good graphic content and brand image respectively. From designing marketing content like posters, banners, logos, and social media posts to designing landing pages and websites. You can start your online business as a graphic designer by joining a freelancing platform such as Fiverr, Upwork, FlexJobs, etc.
6 SOCIAL MEDIA CONSULTANT
As you know that social media platforms like Facebook, Twitter, Instagram, etc. are now part of our daily activities, you can become a social media consultant for small businesses which is a good online business to start in 2021. A large enterprise may hire an agency or an in-house staff to manage their social media account but small businesses may have to handle their social media marketing. But because there is an increase in responsibilities, business owners are too busy to handle their social media account.
As a social media consultant, you can help small businesses to determine the best approach for implementing schedules and posting relevant content for their target audience by so doing you will grow their business alongside yours.
7. DOMAIN FLIPPING
Buying and selling a domain name is a good online business to start because it requires little time or investment. You can buy a domain at a low price and then sell it to make a profit but it is important to do your research first on Afternic.com, Sedo.co.uk, or other domain auction websites in order to get a good idea of what’s popular in terms of domain names.
With the little idea, we have given you we hope you find your best fit for your online business. We also wish you all the best in 2021 as you take a giant step in starting the online business of your choice.
Remember to always wash your hand, sanitize your hand with an alcohol-based sanitizer, and keep social distancing.
COVID-19 IS REAL!!!
We are Netwalkers, Ikorodu – Lagos based web, app, and digital marketing agency.
CONTACT US TODAY FOR FREE CONSULTATION ON HOW TO START YOUR ONLINE BUSINESS.