If you are an aspiring entrepreneur who is planning on launching an online business in less than one week, you’ve come to the right place. Brick and mortar stores can take years to fully stock, develop a regular clientele base, and turn a substantial profit.
Often, these companies will lose money before making any. Starting businesses online is a faster, less expensive alternative. If you’re experiencing a bit of creativity block while pondering your options, here are five ideas to help get you started.
Look Into Merch Liquidation
Direct Liquidation is a wholesale-auction marketplace on the web that invites business owners of all kinds to purchase liquidation inventory in bulk at a fraction of the retail cost. You will have ongoing access to high-end brands, allowing you to make money quickly after your initial investment. They have a large range of used, returned, and refurbished products. You will be sure to find what your new customers will be in search of.
Sell CBD Online
CBD is a cannabinoid from the hemp plant. It contains no THC content, meaning that you will not experience a psychoactive effect. This is partly why hemp flower has become such a recent trend. CBD eases anxiety, muscle tension, chronic pain, insomnia, symptoms of Parkinson’s, and more. The benefits are endless. Buying the best CBD flower, oils, and prerolled joints from an expert source, such as Plain Jane, will assist you in getting your online store set up in no time. They sell their CBD-rich products at wholesale costs for business owners.
Additionally, they sport a wide variety of high-quality and popular strains that are sure to satisfy both novice and experienced users. Although CBD is legal throughout the United States, you should always advise your customers to ask their doctor’s advice before indulging. CBD may interact negatively with certain prescription medications.
Start a Blog
Creative souls long for an outlet where they can express themselves. Suiting up for a 9-5 job doesn’t afford them this opportunity. If you have a flair for creativity, starting a blog is an idea to help you make money while doing something you love. The internet has afforded you the freedom to earn a consistent income from the comfort of your own home.
You will need to learn about SEO, WordPress, and buying a domain name. Money rolls in from advertisements. Decide on a revenue stream, such as Google ads or selling private ads on your blog. The more monthly traffic your site gains, the more cash you will receive.
Become a Social Media Consultant
Companies often hire social media consultants to increase their presence on social media platforms and grow more traffic to their business’ accounts. You will be the eyes, ears, and mouth of the company that hired you. Your responsibilities will likely be regularly posting relevant pictures, links, or content. You’ll also engage with customers in the comment section, respond to their direct messages, and subtly market the brand itself.
Buy and Sell Domains
Buying and selling domains can be a great way to make money while working from home. You can buy domain names from reputable domain registrar sites like GoDaddy or Moniker. For each domain name you purchase, it will cost you several dollars annually. The goal is to flip them for more money than what you had paid.
To sell your domain names, you can advertise on the landing page of your site that it is for sale. A quicker and more efficient way to sell domain names is by listing them for sale on websites, such as Seda, NameJet, and Flippa. This is a good way to have your domain noticed by interested buyers.
These ideas will help get you started with launching your own online business. You can start more than one if you feel so inclined. Working remotely is a nice alternative to sitting in a cubicle all day. You can spend more time with your family, set your own hours, and choose exactly what kind of company you want to create.