5 PROFITABLE BUSINESS OPPORTUNITIES WITHOUT CAPITAL

In this digital era, the ideas for online business opportunities are increasingly diverse. People are now not only looking for entertainment but also starting to look for ways to get money from the internet. With the increasing sophistication of digital technology, anyone can start their own business. For those of you who want to start an online business, you don't need to be confused. We have summarized some promising business plan templates or ideas for you to run, even without capital. Anything? Come on, see the full list below!

5 Profitable Business Opportunities Without Capital

#1: Dropshipper

When we talk about business plan templates, drop shipping comes at the top. Dropshipper is a person who sells products from one or several suppliers at once, without having to buy the product to be sold first. You could say running a business as a drop-shipper is a business without heavy upfront capital, much like how BPO allows companies to delegate certain operations without needing to manage them in-house.

The reason is, that in dropshipping, you don't need initial capital to buy goods, rent a warehouse to stock goods, and manage the delivery of orders. All you need to do is register with the supplier and pay administrative fees. For the rest, you only need to spend funds to market products through websites or other e-commerce platforms. Similarly, with BPO, companies can delegate non-core processes to specialized firms, saving on infrastructure and manpower costs.

How to become a drop shipper
If you already understand the dropship system, now we will tell you how to become a drop shipper:

1. Determine Product & Niche

Well, the advantage of being a drop shipper is that you are free to choose the type of product and the quality of the goods you want to sell. However, you should only choose one or two types of products. If possible, the products are related to each other. So that you can focus on serving the needs of target consumers. For example, if you are targeting young mothers, you can choose household appliances and kitchen equipment. Apart from helping you focus, selling several relevant products will make it easier for you to build a brand. It's different if you try to offer different types of products at once. If that's the case, your store's identity will not be easy for customers to remember.

2. Supplier Research

This is the first step that you have to do, because you don't have a product, so you have to find the right supplier. Look for suppliers with the following criteria so that your drop shipper business runs smoothly.

• Trusted. Make sure that the supplier is doing business honestly. In addition, find out what the service track record is.
• Price offer. Look for suppliers who are willing to provide low prices. So you can do a higher markup.
• Product. Look for suppliers whose types of products are quite attractive to the market. Prioritize choosing suppliers with sufficient quality products.
• Fast response. Especially for resellers or online drop shippers. Fast response is one of the important factors in having a good brand.
• Stock of goods. Look for suppliers who have sufficient stock and are cooperative in updating stock availability information.
• Also, find out the dropship system used by the supplier. Does it use a special system or is it still manual? Make sure the system runs effectively and facilitates your selling process.

3. Build an Online Store Brand

Before creating an online store on a marketplace such as Shopee, Tokopedia, etc. Determine the brand name of your store first. Don't just choose a brand name because the brand name is the main identity, so look for a name that is easy to remember and you can choose a website for the business name. Don't forget to check your brand name in search engines. Make sure nothing else matches it. Next, you need a logo. Make a logo that looks classy. Lucky if you can make your own logo design.

4. Promote Your Store

To promote your dropship shop, you can use digital marketing. In this case, having a website can provide more benefits with several types of digital marketing, such as SEO, SEM, and email marketing. By utilizing digital marketing properly, your online store can increase your ranking in Google search results and reach potential consumers more effectively.Consider partnering with reputable digital marketing companies in Bangalore to maximize your online presence and drive targeted traffic to your dropship shop.

#2: Open SEO services

From the lifestyle of a global community that tends to go online to load websites and applications. It turns out that the website also raises various opportunities and professions such as SEO specialist services. Search Engine Optimization or SEO has emerged as an important industry in recent years due to the increasing power wielded by search engines like Google.

While many website owners are trying to increase their ranking in the Search Engine Results Pages (SERP), if they don't have this expertise, they need professional assistance in specialized marketing. In this case, it is an SEO specialist who is usually capable of designing, developing, and promoting high-quality websites. SEO specialists are not usually website builders, but more often than not are consulting authorities. So, if you have SEO expertise, you can open an SEO specialization service.

#3: Social Media Influencers

A social media influencer is someone who has built good personal branding on social media, so they have access to reach a large audience. Besides that, social media influencers are also able to persuade others to act on their recommendations. Basically, social media influencers can come from all walks of life, from students, bloggers, models, singers, and comedians, to celebrities. Some even come unexpectedly from viral content ever created.

If you are proficient in producing various types of content, including posting photos, videos, and storytelling to attract the attention of your audience from time to time, there's nothing wrong with becoming a social media influencer, then where can you get money from? Of course from the endorsed brand. If your profile matches the brand criteria then you can be invited to work together. The first thing you have to do is build personal branding, then create content to upload on social media, and create interesting content so that the audience follows your account, of course, the more followers you have, the more income you can generate.

#4: Blogger

Your blogger only needs a laptop and an internet network. You can choose for yourself what blog ideas you want to try. Choose a topic that you really like or are good at. You can also learn new things while you are writing content for your blog. Here are the steps to becoming a blogger.

1. Choose a blog theme

Before starting to create a blog, it's a good idea to think about what blog theme you want to create. Is the blog discussing green plants, reviewing cosmetic products made from vegan, cooking for vegans, animal lovers, sports lovers, triathlon training, movie reviews, blogs for fans, blogs about technology, special blogs for girl, or something? Go through different blogs so you can get insights for your blog theme.

2. Create a domain name

After determining the blog theme, you can determine the domain name. So that you can patent a domain name or website address, you can register your blog's domain.

By consistently filling out and posting content regularly on the blog, it will increase the chances that the blog will be increasingly seen by the audience. Create content that can be related to the target audience, so that it will make them feel attached to the blog content and wait patiently for new post updates from your blog.

#5: Graphic Design

Graphic designers are people who specialize in interpreting messages in the form of images. In other words, a graphic designer is a visual communicator. His job is to create visual concepts manually or can use computer software. They will communicate an idea to create inspiration. Then the message will be informed through visual art. Such as writing, pictures, and graphics.

If you have graphic design skills you can use your skills to open a business, here are business recommendations for you.

1. Offer Graphic Training Programs The increasing interest in graphic design presents a 'smart money' opportunity for those with expertise in the field. As you impart valuable graphic design knowledge, you're not just earning; you're also building a reputation and potentially creating a sustainable, profitable venture. This strategy aligns with the concept of 'smart money,' where the focus is on long-term gains and strategic growth in a burgeoning area like graphic design education.
2. Design Services
   Another fantastic business idea you can start as a graphic designer is to open a design service. clients will contract you to design for them. This is a cool way to make more money especially if the business is located in a commercial printing area.
3. Video Editing
   Video editing is another business idea that a graphic designer or graphic artist can take on. If you don't have the time and capacity to go into full-time video coverage and video production, you can add video editing as part of the services you offer.
4. Designing Children's Books
   Other best business ideas for graphic designers are ventures into children's picture books, comic books, story book creation. This is another potential business for graphic designers. Creative minds with adequate designing skills are of the utmost importance in this best online gift shop business. All it takes is researching the types of cartoon characters that kids in your area or community like, and then developing similar characters in comics.
   5. Website Design
   The web design business opportunity is perfect for those who are professionally skilled in website designing and have basic knowledge in HTML and CSS coding. A graphic designer can also look in this direction if he wants to increase profits.

Conclusion

Those are 5 profitable business opportunities without capital that you can choose, if you are still unsure what business you want to start, you can choose one of the several recommendations above. Choose according to your skills and interests. Then dive deeper into what you choose. Good luck.