Starting a business is everybody’s dream. However, most budding entrepreneurs have to drop their dreams before starting it because of the scarcity of assets for investment or profitable business ideas. Individuals can start their own business with minimum investment with the help of the business ideas given below.
Top 5 Business Ideas with Low Investment
Dropshipping
Dropshipping is a hot and new business idea in India. You can begin your own e-commerce business yet with no large venture and without stocking any product. The incredible thing about dropshipping is that you don’t have to buy any item unless you get an order from a customer. Here are the steps you need in order to start a dropshipping business-
- Search for a supplier and tie-up with them.
- Create an e-commerce website and rundown what you need to sell from these suppliers.
- Promote your site through Facebook and other online marketing channels
- Start taking orders from different customers.
Place orders with suppliers and ask them to deliver the product to the customer’s address. - Make Profits.
Your profit will be the margin between the price of the supplier and your selling cost. You can sell a particular product at an increased price in order to earn some profit by selling that product.
Digital Marketing
Digital Marketing refers to advertising delivered through digital channels, for example, search engines, websites, social media, email, and mobile apps. Utilizing these online media channels, organizations endorse goods, services, and brands. This is a trending business in India at present as there are unlimited opportunities in digital marketing. You can start a digital marketing agency, you can do digital marketing in a freelancing manner, you can launch your own start-up, you can even promote different products through digital marketing and make money. You can learn digital marketing online or join a training center.
Network Marketing
Network Marketing includes the direct sale of products to customers. While network marketers don’t need a specified amount of education, people interested in network marketing can exploit degree programs that focus on business administration, marketing, and sales management. Every representative gets paid for sales he or she makes, as well as sales made by every individual the person he/she has recruited. Network Marketers frequently earn bonuses for acquiring new distributors and customers and residual income on repeat business.
Travel Services
Offering travel and related services can help you make instant profits. Tie-up with long-distance bus services offers online reservation of rail tickets and reserve hotels at various destinations for clients. You can likewise add local touring and other different prerequisites for your clients. You can either collaborate with a major travel agent or enter into deals with service providers and get commissions for every reservation you make.
Social Media Services
social media play a big role in business. Many companies look for social media handlers or social media managers in order to manage the company’s social media accounts. You can plan to start your own company which will do ghost-writing for businesses, posting on blogs, Facebook, LinkedIn and Twitter accounts & Facebook pages. Looking at growth in usage of social media is one of the best business ideas in India to start in order to earn money by sitting at home.
For more information, visit the website of The Companycheck
