Illustration of how to start an online business. Photo: pexels.com.
Running an online business with minimal capital is the right step for beginner business people. How to start an online business is very easy, but it takes determination and strong intentions.
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In today’s digital era, many people run online businesses. This online business is increasingly widespread when there is a pandemic that forces people to do activities online.
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How to Start an Online Business
Illustration of how to start an online business. Photo: pexels.com.
1. Sell Products or Services through Social Media
Social media such as Instagram, Facebook, and Twitter can be used as platforms to sell products or services online.
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Beginners can utilize existing features such as posts, stories, or live streaming to promote the products or services offered.
Beginners can also offer services such as graphic design, article writing, or business consulting.
2. Open an Online Store in the Marketplace
Marketplaces such as Shopee, Tokopedia, and Bukalapak are great places to start an online business with minimal capital.
Beginners can open an online store in the marketplace and sell products such as clothing, food, or cosmetics.
Marketplaces also have features that make it easier for beginners to manage online businesses, such as payment and delivery systems.
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3. Become a Reseller
If beginners do not have their own products, they can become resellers of certain manufacturers or suppliers. Beginners can choose products that are trending in the market and sell them online.
Beginners only need to do product promotion and manage the buying and shipping process to consumers.
4. Offer Dropshipping Services
Dropshipping is an online business that does not require capital to buy stock items. Beginners only need to offer products from certain suppliers. The supplier will then manage the ordering and delivery process to consumers.
The advantage of a dropshipping business is that beginners do not need to spend capital to buy stock items. Beginners just need to focus on the process of promoting and selling products.
5. Become an Affiliate Marketer
Affiliate marketing is an online business where beginners can promote products from certain companies, and get a commission from every successful sale made through the affiliate link shared.
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Beginners can choose products that suit their niche or topic of interest, and promote these products through social media.
Those are five ways to start an online business with minimal capital. All of the above methods do not require large capital and can be done by anyone.
