How can I invest in gold without charges?
Contrary to popular belief, there are many ways you can start a business that goes into gold without capital and saves you expenses such as start-up, initial inventory, warehousing and retail space. These projects are a great starting point for beginners who do not have any business experience. But with all of these perks, you still continue to come up with a solid idea, build a brand, put effort into marketing, and provide excellent customer service.
Below is a list of a group of ideas for a business that goes into gold without capital
1- Dropshipping
Dropshipping is one of the easiest projects to go into gold without capital. Inventory management is a big commitment in terms of purchasing, storing, receiving, packing and shipping, so this project saves you the hassle and only requires you to find an outside supplier to do those tasks for you.
The costs of a project that enters gold without capital is very low and it can be developed quickly. You can categorize the products in your online store according to topics that focus on specific niches. When a customer buys one of your products, the order is sent to your supplier, who performs the necessary operations on your behalf. But remember that you are still responsible for your marketing and customer service.
There are many domestic and foreign suppliers that you can deal with, but you must choose wisely, as choosing an unreliable supplier may lead you to lose your good reputation. Always make sure to order a sample of the products yourself to ensure your supplier is reliable and of good quality.
2- Designing and selling T-shirts printed on demand
This is another form of dropshipping, but it differs from the previous one in that the focus here is on customizing products with your own designs.
T-shirts, hats, phone cases, handbags, etc. related products become canvases for your creativity. If you have a creative mind and have design skills, consider starting a business without capital to make some money from it.
You do not pay the supplier anything before one of your products is sold, which means that you do not lose anything in the event that your designs are not accepted. You can also use the T-shirt mockup templates that are available for free so that you don’t have to spend money on a photo session for each new design. Thus, you have started a project that enters gold without capital.
3- Launch your own book
A book is just another type of product, you can launch your own book that serves a specific market demand. Cookbooks, picture books, poetry books, novels, and even e-books are all in demand, which means you can choose the subject that appeals to you the options are endless.
Print-on-demand publishing is a relatively safe way to test the waters and get started with self-publishing, and it gives you control over the quality and look of your book.
Lulu xPress and Blurb are popular platforms for creating, curating, and distributing your own books as physical and digital products. You can also sell them on third-party marketplaces like Amazon.
4- Creating digital products
Digital products are very profitable. And unlike the rest of the projects in the list of a project that enters gold without capital, it is intangible. This means it saves you on recurring costs like manufacturing and shipping, plus it keeps your margins high.
The trick to the success of this project is to know what makes digital products good, i.e. what product will people be willing to pay for? Start by defining your skills and areas of interest, then choose from various digital products such as educational products, templates, digital tools, services, etc.
5- Selling publications
If you are more inclined towards the artistic side or you are good with a camera, you can start a print-on-demand project. Before you begin, make sure that you own the rights to the content you want to print or that you are using public domain assets that you can monetize freely.
Depending on the printer you use, you can turn your designs into products such as posters, framed murals, or even greeting cards. There are plenty of digital templates and form generators like Placeit that you can use to showcase your products without having to print out every single item and do your own photoshoots.
6- Create an online fashion store
If you love fashion and want to share your creations with others, you can consider starting your own online fashion boutique. You don’t need to become a fashion designer to start this zero capital business, you can simply list items from other sellers on your online store using the dropshipping template we discussed earlier.
You can display different types of products such as dresses, shoes, swimwear, accessories, etc., and you can even build your own brand later. Do not forget about the marketing aspect to ensure that you get a large number of customers.
7- Selling a service
Providing services is one of the most profitable projects in the article of a project that enters gold without capital, where time is your stock and your biggest investment. If you have writing, graphic design, virtual assistant or SEO skills, or you enjoy tidying up rooms or spending time with pets or kids, this project is perfect for you.
This project has great scalability so that you can get additional streams by converting these services into physical or digital goods. A photographer can, for example, cater to local events and sell prints through their Instagram account.
You can offer your services through a freelance marketplace like Upwork to increase your chances of being discovered by people who need your skills.
8- Sale of handmade goods
Whether you are making soap, candles, pottery, or something related, you can start this business and earn some extra income from it. Unlike many of the ideas in a zero-go business listing, you will have to consider managing shipping and inventory, but you can start selling on an order-by-order basis.
Use your social media to market your products and win customers.
9- Create a follower base
In today’s connected world, the ability to attract others and draw their attention is important. So whether you choose to grow your followers on YouTube, Instagram, or through a blog, you have plenty of avenues to monetize your audience:
*. Affiliate marketing
*. the influence
*. Sell ​​physical or digital products
*. A combination of the above
A project that enters gold without capital may take months for you to be able to profit from it. And don’t worry about getting a crazy number of followers, there are many influencers who make money with just 3,000 followers.
10- Starting a pet business
The pet industry has become huge as it is worth nearly 100 billion dollars, which gives many opportunities to start a venture into gold without capital. Your project can be based on a product, such as accessories, food, or games, or even a service, such as personal care, walking, or training.
11- Create a membership program
Online memberships are ideal for entrepreneurs with a large client base. This venture is based on obtaining recurring payments from customers in return for providing them with a service or product.
Yoga studios, gyms, clubs and art schools are a few examples of businesses that can easily take advantage of this low investment business model.
It can be a good idea to use email marketing to keep your members informed of new content, as well as motivational videos and customer testimonials to get excited about new launches.
12- Join the commission marketing program
You will have to promote the products or services of a company for a commission each time the purchase is made through the method. Affiliates can do this process either on their blogs, social media accounts, or their websites.
You may start your affiliate marketing business as a side business, but be sure that it will turn into a profitable business over time. To join an affiliate program, follow these steps:
*. Find an affiliate program on sites like ShareASale, CJ Affiliate, or
*. Choose the offers you want to promote.
*. Get a link
*. Promote the link you got
*. Get commission every time someone signs up or makes a purchase through your link
Commission rates vary by company and offer. You can earn up to 5% per sale, while some commissions can be as high as 50% if you’re promoting a class or event.
13- Taking care of the home and pets
People always find themselves in need of someone to take care of their homes and pets while they are traveling, which makes the idea of ​​a project that enters gold without capital ideal. You can create your own website to market your services and get clients.
If you want to give this idea a try, you should invest your time in creating a great profile that will attract customers. Choose a picture where you look cheerful and make sure you fill out all sections of your profile. After that, determine the working hours that suit you, and do not forget to include any qualifications or certificates that may give you an additional advantage over competitors.
14- Selling phone accessories
The phone accessory market has become huge, with the huge demand for mobile phones. There are many ways that you can follow to sell these accessories, such as dropshipping or e-commerce. Some phone accessories that you can sell include:
*. Mobile covers
*. Car and office holders
*. Earbuds/headphones
*. Bluetooth speakers
*. portable chargers
*. Wireless chargers
When offering phone accessories for sale, remember to include compatible devices to avoid negative customer experiences.
15- Selling subscription boxes
If you’re not interested in creating your own, you can buy them, themed them, and sell them. The best part about this venture is that it is customizable, and it allows you to follow the trends that the clients follow, the options are limitless.
Just like memberships, subscription boxes are considered the most profitable venture capitalless gold ideas, as they constitute a recurring revenue stream until the customer cancels his subscription.