How to Start an Online Business for Less than $50

If you want to make a lot of money online, the only way to do so is by starting your own business. Despite having an interest in business, a lot of people never get started because they think it costs a lot of money. Well, you can start an online business for as little as $50, and with this investment, you can start making money.

In this short tutorial, we are using wordpress to create our online store and Printify to create products. We will be using woocommerce for our store and Printfy as a print provider and order fulfillment company.

How to Build Your Online Store

• Get a domain. You can get a dot com for around $7.
• Get a hosting. You can find hosting companies that will charge just $12 for one year hosting.
• Once your hosting is set up, head over to your web hosting control panel manager and install wordpress on your servicers. Also install woocommerce plugin on your site.
• Customize your woocomerce store.
• Now heard over top Printify, and upload your design. You can create design for free on Canva. If you do not know how to create a design, you can go to creative fabrica and buy a design for as little as $1. YOu can also use AI tool like Stable Diffusion to create designs for your product
• Now connect your woocommerce with Printify. By doing so you will be able to show the products, you designed on Printify, on your store. You will be basically using your design on household products like doormat, cup, mugs, curtains, etc. or various types of clothing items.
• When people buy products in your store, you will receive the money. You will then have to order the same product from Prointify and use the buyer's shipping address. You pay printing only after you collect payment from your buyer. Therefore, there is absolutely no upfront cost associated with this business model

How to Start Selling

As a new business, it is really difficult to sell your products. However, if you are willing to spend some money on marketing, selling will be somewhat easier.

• You still have some spare money. You will have to use the money to run ads. Now head over to facebook and create an ad for your product. Create $3 per day campaign for a week. You will be able to reach at least 30K people. Instead of graphic based ads, you can also create video ad. If you do not know how to create video ads, you can find a lot of AI tools that will help you create a short video for your product.
• If you have targeted your ads to the proper audience, you will generate sales. You will have to make a couple of sales to recover your ad budget. However, if the ad is working for you, you can put more money into your ad campaigns and start generating sales.

Conclusion

You will have to take care of a couple of things, though. Your designs need to be eye-catching and unique. To get ideas on what kinds of designs are selling, you can visit Etsy and see the best-selling products. You will also have to choose the product to sell. try to see what kinds of products are best sellers and use your design to create those products.

Most of these stuffs seems so well explained but the most difficult thing is that process of making it happen in the real life situations in the matter of fact.

Stardom22 said:

Most of these stuffs seems so well explained but the most difficult thing is that process of making it happen in the real life situations in the matter of fact.

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This is true and it is the right way to do it but it is always surprising that it is not always like that when you start because you are going to face some challenges

I think the capital mentioned for that kind of the business is very minimal. It's better to invest more in the online business so that we can expect higher rewards in terms of the profits.

In my opinion, many types of businesses with capital under $50, such as selling digital products such as photos, logo designs, online catalogs, banners, digital posters, business cards, templates for social media etc., are examples of digital products that you can sell on marketplaces or Etsy. You only need to create a digital product once but it can be sold many times because buyers who order only need to download digital products from the link you sent. Apart from that, you can also offer your expertise in creating digital products on UpWork and Fiverr.

Making money online or starting a business online is not as easy as it looks but it doesn't cost much to start up a business online or make money online, for with as little as $50 or even less than $50 one can start up a good business online and be making considerable amount of income from that little money invested which one can reinvest into the business to make it grow and become a bigger one.

It's easier than it sounds 50 dollars is basically cents when it comes to bussnesses but I think it can be possible the question is would it be profitable for you

Suba said:

In my opinion, many types of businesses with capital under $50, such as selling digital products such as photos, logo designs, online catalogs, banners, digital posters, business cards, templates for social media etc., are examples of digital products that you can sell on marketplaces or Etsy. You only need to create a digital product once but it can be sold many times because buyers who order only need to download digital products from the link you sent. Apart from that, you can also offer your expertise in creating digital products on UpWork and Fiverr.

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Unfortunately it's very difficult to make a sale of any kind on the marketplace or the Upwork you just mentioned here. Mo

AruneBend said:

It's easier than it sounds 50 dollars is basically cents when it comes to bussnesses but I think it can be possible the question is would it be profitable for you

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I realised that most things being talked to online seems very easily to be done. However when yo go to the ground in the real life situations you would know what $50 can really do in business.