HomeJAGRUK ENTREPRENEURBUSINESS BASICSBusiness Ideas With No Investment | Work From Home

Business Ideas With No Investment | Work From Home

In today’s day and age, it is super easy to start something on your own. With the help of tools like the internet, one can easily get into business ideas which can be worked on from anywhere. Keeping this in mind, we have brought to you a few business ideas which all females can try from the comfort of their homes. This will open new doors of opportunities and help them achieve financial freedom.


Business Ideas

1. Reselling:

What is the business?

Reselling business ideas involve being the middle-man for any product sale. This business idea works on the concept of Drop Shipping. Drop Shipping involves selling products where you don’t have to personally handle the product. You just have to market those products and add your profit margin to the selling price. The product is directly shipped from the manufacturer to the customer and the money is transferred to your account. Amazon and Flipkart are such business examples.

How does it work?

Meesho App is one such app where you can easily resell things. The app houses stocks ranging from fashion to home decor. You have to go to the app and identify the products which you can easily sell. You can share these products directly from the Meesho App onto your social media accounts, like Facebook, WhatsApp, etc. When people who are interested in buying those products get in touch with you, you can quote them a price with the addition of your profit margin.

Then you can place an order for that product directly on Meesho App. You can also put in your profit margin while placing the order. This extra amount will automatically be transferred to your account. Once the order is placed, the product will be delivered to the customer by Meesho executives. The delivery products bear no marketing of Meesho, so the customer will think that he is buying directly from you. You can also give the customer options for Return and Cash on Delivery.

What resources to learn for this business ideas?

Since the entire business plan rests on marketing, you will need to come up with new and innovative marketing ideas to sell the products. You can create pages and stores of your products on social media like Facebook and Instagram. Here, you can list all your items along with their details and pricing. You can also run paid promotions on these platforms. For this, you can reinvest the money you make from the Meesho App itself to run those paid ads.

You can also make a basic website with the help of GoDaddy.com to create an e-commerce store. Else, you can create a blog page where you can write articles on your product items. Customers can get directed to your account via these blogs. You can also utilize the Quora website, where you can answer multiple questions regarding your products and direct customers to your selling page.

What is the expected income?

You can earn approximately Rs 25,000 to Rs 30,000 in a month. Even if you sell 2 products per day, with a profit of Rs 500, then also you can make around Rs 15,000 in a month. Each day’s sales will be different. Some days there might be no sale at all, while some days may have multiple sales. So according to the effort you put into the marketing of the products, you will get the revenues.

Additionally, Meesho is also running a competition in October 2019, where the best sellers of the app will get certain rewards. The first prize for this competition is a fully paid trip to the USA!

2. Freelancing:

What is the business?

Any skill which can get you hired for an office job can also get you freelance work. Freelancing means to use your skills as a profession where you personally search for work and deal with clients. You are not associated with any brand or firm. Here you have the freedom to quote your own price for each project you take. You also have the freedom to take charge of your deadlines and other work aspects. Freelancing also gives you the ease of working from home and zero investment.

How does it work?

To get into freelancing, firstly you need to identify your skills which you can use professionally. This skill can either be related to your academic background or it can be something completely interest-based. Say you are from the BBA/MBA background, then you might have knowledge of Digital Marketing or Finance. Or if you are from an English Honours background, then you might be good with content writing.

Some professions which are highly trending in the freelancing market nowadays are – content writing, SEO, digital marketing, data entry, graphic designing, etc.

What resources to learn for this business ideas?

Firstly, you need to identify the skills which you have or you want to learn. Thereafter you can start mastering those skills. To master those skills you can watch free of cost tutorials on YouTube. If you feel like you need more education on the topic then you can also opt for some paid courses.

Another thing which you need to master is writing professional mails. Once you learn this skill, then you can initiate business conversations with any client. The more clients you start getting, the better for your business. Since the clients will leave a positive feedback of your work, which will make you a trustworthy seller.

Websites such as Fiverr, UpWork and Freelancer will help you get in touch with clients for freelance work. For example, on Fiverr you can look at other profiles to get an idea of how you should create your profile. Once you create your profile you need to go to More tab and click on Buyer Requests to find clients initially. There you can Send Offer for the available jobs. Make sure that your cover for the job stands out.

business ideas

What is the expected income?

Expected income depends on your ratings and reviews on the freelance websites. But it is quite possible to easily earn approximately Rs 15,000 – Rs 20,000 monthly.

Watch our detailed video below.

Also read, 100% FREE Demat Account + Flipkart Voucher 500/- In 5 Minutes | Upstox.

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