The internet is a terrific platform for entrepreneurship. Anyone can start an online business, all you need is a computer with Internet access. Starting up a business online is not as hard as you think. In fact, it is much easier and doable than a brick-and-mortar business. Best of all, you can start without spending much money because there are so many free and affordable services available. For example, you can try this all in one website builder by Exabytes for less than RM 35/mo.
In reality, what’s hurdling people from starting an online business most of the time is they don’t have a business idea! So, here’s 6 ideas that you can consider about and how to get it started.
1. Event Planning
Everyday, there’re innumerable events happening around the world. Weddings, birthday parties, anniversaries, corporate events, bachelorette parties, conference and the list goes on. If you think you are meticulous and have sharp project management skills, then you can go for event planning. There’s a lot that you can do, for instance, consulting services, decorations, game packages, customized gifts and more. A successful example will be What A Bash, a young event company that startup online.
2. Flower Delivery
Online florists are now in high demand in Malaysia, especially in the cities. Back then, how much time do people spend to buy a bouquet for their precious one? From driving to the nearest florist to wait for your flowers to be wrapped up, that would take at least an hour. In contrast, from choosing your favourite designer bouquet to set your time of delivery is only a few clicks away now. More people than ever before now have access to the Internet and are realizing how fast and convenient it is to place orders online. So, this is definitely an opportunity for those who have the skills of flower arrangement. Here’s an example of a creative online florist: 50Gram
3. Stock Photography
If you love taking photos and travelling around. Then, stock photography is your thing! So, what is stock photos? They are licensed images used by businesses, media organizations, publications and so on. Many freelance photographer can make a fairly good money from selling them, depending on quality of the photos. However, seems like it’s still not a trend in Asia. Stock photography agencies that you can submit your photos to include Shuttershock, Getty Images, Photocase and many more. You just snap and sell!
4. 3D Printing
3D printing is a market full of potential, it is expected to be a $20 billion global industry by 2019. Currently in Asia countries, this technology is still under-recognized which means there’s plenty of opportunity waiting to be discovered by you. Examples of 3D-printed product includes jewellery, home furnishing, decorations, bicycle parts, figurines, tech accessories, fashion products and so much more. Check out these successful cases: Danit Peleg, 3 Digital Cooks and audioquest.
5. Affiliate Marketing
Affiliate marketing is a business which requires very little to zero startup capital. If you don’t have the interest or lack of the ability to come up with your own product or service, then this might be your best option. Here you help to promote other businesses products or services by creating quality content that will entice your audience to click on your affiliate link. Then, you’ll earn commissions when a purchase was made through your link.
You can begin your affiliate marketing journey with this Affiliate Program. But before starting, get to know some useful strategies first. Here’s 3 Useful Strategies that Affiliate Marketers Need to Know.
Now that you have the ideas, the BIG question is how to get started?
No matter what you’re selling, be it products, services or contents. Before you run your business, build your website first! It’s important to build your presence online, because it helps you establish credibility as a business. Here’s a step-by-step on how to create website:
- Register a domain name for your business.
- Choose a web hosting service that suits your operation.
- Design your website
Next, attract and retain your customers by promoting your business across social media and adopt online marketing to reach more people, such as Search Engine Marketing (SEM). Lastly, a kind advice to all.
“There’s no overnight success, be persistent and work consistently on your business.”