SMALL BUSINESS IDEAS TO EARN MONEY ONLINE IN INDIA

Small Business ideas to earn money online in India

Small Business ideas to earn money online in India

Blog Article

[caption id="" align="aligncenter" width="626"]Monetize Deal Monetize Deal[/caption]

In the current time frame, there are a plethora of opportunities for starting a small business and earning money online. With the digital world expanding, we have seen many online businesses come to the surface and become a part of our daily lives. This digital space has facilitated a lot of small entrepreneurs to become self reliant and share their ideas with the world. There are many small business ideas to earn money online in India. Some people started it to follow their passion while some wanted to just use it as an excuse to earn some passive income.

There are many reasons why these business ideas seem appealing to people and entice them to step on this venture. Most of these online businesses require zero to least investment and in return give you solid profits. They also act as a supplement to your income, which can be great motivation to start a small business in the current challenging times.

We have listed some small business ideas in India that can help you earn money online below:

1. Affiliate Marketing


Affiliate marketing is one of the simplest and easiest ways to earn online money in INDIA. In this, you have to promote products or services of brands on your social media and other platforms. Following this, you will earn good commission if a sale is made using the affiliate link that you have shared with your community. There are plenty of platforms that offer many affiliate programs. You can choose from any of these programs based on your niche or preferred products. There are many educational affiliate programs, trading affiliate programs, banking affiliate programs, finance affiliate programs and many fashion and entertainment affiliate programs.

Once you have done your research, you need to join the affiliate program available on the respective platform. You will soon be provided with your unique affiliate link and then you need to share it with your friends and family. Whenever someone buys through your link, you will get some percentage as the commission.

 

Benefits of affiliate marketing:



  • There is zero to minimal investment required.

  • Many of the affiliate programs are free to join.

  • It provides great earning potential.

  • There is complete flexibility and freedom.

  • It is a great opportunity for beginners.

  • Builds long term digital assets.


 

Some popular affiliate programs:



  • Flipkart Affiliate Program.

  • Paisabazaar Affiliate Program.

  • Upstox Affiliate Program.

  • Hostinger Affiliate Program.

  • Probo Affiliate Program.

  • Coursera Affiliate Program.


 

Based on your interest and skills, you can choose any affiliate program. You should try to promote the products to a wider audience if you want to grow your sales and increase your earnings. There are lots of platforms that impose restrictions on promotional methods, so make sure to check the terms & conditions and also the eligibility criteria as well. Once you get a hold of it, we can bet that affiliate marketing is the best small business idea to earn money online.

 

2. Drop Shipping


Drop shipping is also another great small business idea to make money online. Drop shipping means that you can sell products through an online store without the need of holding an inventory. Your supplier will handle most of the things like inventory, packaging and shipping. You basically act as a middleman between the supplier and the customer.

 

How does drop shipping work?



  • You create an online website or store.

  • Contact your supplier and list the products on your website that you want to sell.

  • The customer places an order from your website and pays the amount finalised by you.

  • You forward the order details to your supplier and pay them the wholesale price.

  • The supplier takes care of getting the order delivered to the customer.

  • You get to keep a 100% profit margin.


 

Benefits of drop shipping



  • Very low start up cost

  • Wide product variety.

  • No risk of inventory obsolescence.

  • It provides flexibility and scalability.


 

There are some popular drop shipping platforms like Shopify, WooCommerce, Margento and BigCommerce to name a few. Drop shipping is another excellent small business idea to earn money online. You can start from anywhere and work without the tension of owning a warehouse.

 

3. Freelancing


Freelancing is currently one of the best small business ideas to earn money online in India. .As a freelancer you offer your skills and services to clients on a project by project basis. You get paid for providing your services to the clients. It is a great deal for people who want to work part time or earn some additional income. It also works for people who want to work on their passion projects.

 

Popular Freelancing services:



  • Content writing and Copywriting.

  • Graphic designing

  • Digital marketing

  • Web development.

  • Virtual assistant.

  • SEO consultant


 

You can choose a field according to your interest and make the most of this opportunity.

 

Benefits of freelancing:



  • It offers flexibility in work schedule and location.

  • Zero to no investment required.

  • There is high earning potential even for beginners.

  • It builds your network and gives exposure.

  • You have complete autonomy.


 

You can easily find freelancing opportunities on many job platforms like LinkedIn, Naukri, upwork.com or even on social media. It proves to be a remarkable small business idea to earn money online in India as India has one of the largest freelance communities.

 

4. Online course


As discussed earlier, the digital space is expanding quite rapidly. You have a great chance to cease the opportunity of building your community right away. People are keen on learning and strengthening their skills. They are ready to invest in courses that align with their domain and will help them achieve success. You can provide courses related to finance, education, digital marketing, singing, dancing, meditation and yoga, etc.

So if you have knowledge and talent that can be shared to the world, then you can monetize it by packaging a course and selling it worldwide. You can create digital lessons in the form of videos, audios and pdf. You can even sell pre-recorded courses or offer subscription based learning. Teaching an online course is a great way to share your expertise and build a community.

 

5. Thrift Stores


Thrift stores have become really popular in recent times. You can source second-hand  items like clothes, bags, jewelleries, shoes, accessories or vintage products and resell them on your social media itself. This idea is great to earn money as the demand for affordable and sustainable fashion is growing. It requires very low investment but gives you high profit margins. The thrift store is a growing market in India and hence you should seize this opportunity.

 

Conclusion


There is a sea of opportunities to start a small business to earn money online in India. You need to identify your passion or choose a field that you see has a great scope for the future. Research and plan accordingly and see what benefits you the most. Starting an online small business is now very easy and requires low investments. This is a great way of earning passive income or fulfilling your dreams.

Report this page