- Start a dropshipping business
Buy stocks, store them, pick them, pack them, ship them. Inventory management is a big commitment when running a business.
Dropshipping is one of the easiest ways to start a business. Dropshipping is an ecommerce fulfillment model where a third party stores and ships inventory to consumers on your behalf. It’s one of the best businesses for beginners because it’s low overhead, hands-free, and scalable.
You don’t need to handle any products personally—you just need to sell them and pass orders on to suppliers. It’s actually one of the fastest and most affordable ways to start a business.
You can create an online store that sells products from one or more vendors under a theme that focuses specifically on a particular niche, like gear for yogis or water bowls for dogs. When a customer buys something from you, the order goes to your supplier, who then fulfills it for you. You’re still responsible for your own sales and customer service.
You can work with both local and offshore suppliers, but you need to be able to establish a relationship built on trust. An unreliable supplier will reflect poorly upon your brand.
You can work with local or overseas suppliers, as long as you establish a relationship built on trust. An unreliable supplier will reflect poorly upon your brand.
Dropshipping is an easy way to test product- market fit and launch a business without investing too much time or money. Always order a sample from your suppliers before you start selling their products to your customers.
- Design and sell print-on-demand t-shirts
Print on Demand (POD) is another dropshipping model where inventory, shipping, and fulfilment are outsourced to a third party. Unlike the dropshipping business above, the focus here isn’t on creating a product from scratch but rather on designing your own unique products.
T-shirts, mugs, phone cases, hoods, skirts, totebags, and more become canvasses for your creativity. You can come up with witty slogans for developers or reference that resonate with cat owners if there’s passion or pride within a community.
You don’t need to be a designer to find one to work with. Use freelance sites like Fiver, Upwork, Digg, or 99designs to find someone to work with.
With most print-on-demand companies, you’re paying per product, so you’ll pay more for each unit than if you ordered in bulk. But the advantage is you don’t pay until the shirt sells. If the shirt doesn’t sell, you haven’t actually paid for the shirt yet.
You can even use mockup templates so you won’t need to spend extra money for a full photoshoot every time you create a new design.
There are a number of print-on- demand platforms you can use, some of which can be integrated into your Shopify store for easy order fulfillment. However, be sure that you always order a sample of the custom products you’re creating for your clients before they go into production.
- Launch your own book
When you think about it, a book is just another kind of product. As such, you may want to create one to serve a specific need in the market.
If you know enough about writing, photography, or graphic design, there are plenty of original books you can write, photograph, or create. There are so many different ways to run a successful business that it’s one the best business ideas to get started.
Print-on-Demand is a relatively safe way for people who want to start publishing their own books to get started. It also gives you complete control over the quality and appearance of your book.
You can order one book at once, but costs naturally go down when ordering in bulk. If you want to be sure that you can sell enough copies of your book to justify buying them in bulk, consider pre-selling or crowdfunding it. If you want to monetize your blog, launching your own book can be an excellent way to do so.