I've tried dropshipping and it's worth it. With this, you would partnering with a supplier to sell their products and you don't need to hold inventory. Plus, it is a low-risk and profitable venture.
Let us share ideas for online businesses
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You should also try to conder starting a digital. marketing agency that is focused offering services like SEO, social media management, and content creation.
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Affiliate marketing has definitely been a passive income stream for those that wants to make money online. You can start to promote products and services from other companies and you would earn commissions through this.
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You can decide to build and sell online software or tools and you would become very successful in this venture if you have the right strategy to employ.
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You can start to ceate a YouTube channel or you can get involved in twitch streaming. You would make success in this with large following. It can definitely generate revenue for you through ads, sponsorships, and merchandise sales.
You should start an online business in the area of your interest and expertise. There are many options available. If one is good with writing and story telling, one can go for creating ebook and selling it off. If you have expertise with art, crafts, hand made stuffs, you can sell them.
What type of consulting services are you talking about? And how to go about it? Can you elaborate a bit on that.
Two of my friends are into handmade jewelry business online and they are doing great with it. They are very creative and they have these unique fashion jewelry made out of teracota and fabric. They keep coming up with sustainable materials.
I see a lot of people selling handmade art and crafts. Some have their Facebook pages and Instagram handles for that. And it works very well for them. Recently my daughter started her Instagram handle for her crochet items. She has got few orders from there.
