Online Business or e-business is any kind of business or commercial transaction that includes sharing information across the internet.
Commerce constitutes the exchange of products and services between businesses, groups and individuals and can be seen as one of the essential activities of any business. Affiliate marketing help, provides you with FREE online business tools/ideas for you to start-up and successfully run or manage your business.
Below are the outlined list of the some online business you can start-up:
1. Drop Shipping
The basic idea behind an online drop shipping business is that, as a small business owner, you don’t have to maintain a large inventory of products or handle any delivery to your customers. That eliminates the financial cost and risk of having a warehouse full of stuff you might not sell, and the hassle of arranging to send orders all over the country or the world. In fact, you don’t have to manufacture or store any products at all.
Instead, you work with a company that specializes in drop shipping. Here’s how it works:
- You list products for sale on your website or a platform like Amazon, eBay, or Etsy.
- When one of your customers makes a purchase, you purchase the product from a third-party company (the drop shipper, usually a manufacturer or wholesaler) for a lower price.
- Your drop shipper then sends the product to the customer.
2. Affiliate Marketing
Affiliate marketing is somewhat similar to drop shipping but with some key differences. With this e-commerce model, you again don’t maintain an inventory of your own products, and you don’t have to worry about shipping products to customers.
You offer the products for sale, for example, on your blog or e-commerce website. Each product has a unique link that tracks back to your account with your affiliate partner. A prospect who clicks on the link is taken to your partner’s shopping cart for checkout. Once they buy, that purchase is recorded and you receive a commission. Wealthy affiliate is my #1 recommendation.
If you have expertise or a passion or interest for a niche, you’re ready to start making money with a blog. With a service like WordPress or Blogspot (www.wordpress.org), you can start up your blog totally free of charge. You can also create your own site and secure your own hosting for a low price. With the blog you can apply for Google Adsense and other Ad networks and get paid by views, clicks and impressions your site generates.
4. Online Video
Have you recently watched a video on YouTube? If you have then, this is one of the world’s most famous websites, with over 1 billion users watching hundreds of millions of hours of video each day.
You can leverage YouTube’s reach to make money online by monetizing your video and creating a channel. No, you’re not trying to create a viral video, so to speak, although if it does go worldwide and is seen by millions, that’s a good thing because it will fetch you a colossal amount of money.
Instead, you’ll be following a proven strategy for maximizing views of multiple videos on a regular basis. You’ll be creating useful content…something engaging that people would want to watch. Videos that cover daily lifestyle, or Do It Yourself (DIY) Hacks, Educational or informative videos and analysis.