How To Earn Money Online Without An Investment

How To Earn Money Online Without An Investment

There is a saying “you have to have money to earn money”. Although it is easier to make money by inviting it wisely, you need to start somewhere. It is expensive to start a “traditional, physical, bricks and mortar” business. For example, if you wanted to open a shop, you would need to buy or rent the premises, buy stock, pay bills and advertise. This is one of the reasons online businesses are so popular. Carry on reading to learn how to earn money online without an investment. I am going to give you a few business ideas and how you can start your own online business for sustainable income.

Benefits Of Earning Money Online

Not Location Dependant

The fact we can get internet access from pretty much anywhere in the world, means we can work anywhere. I am writing this from my apartment in France, overlooking snowy mountains. But you can work from a camper van, by the sea, in the countryside or any coffee shop you come across.

This gives us the freedom to go where we want and experience life without having to interrupt how our business works. We don’t have to shut up shop when we go travelling.

You Can Work At Any Time

This is a big one for me. I am a big fan of the outdoors and spend my spare time mountain biking and snowboarding. When the conditions are good, I can go snowboarding in the morning for a couple of hours and work a bit later in to the evening to make up the time. Basically, as long as I complete my weekly tasks, I feel I can reward myself with some mountain time.

As I write this, the mountain is closed due to bad weather, therefore I am using the opportunity to get ahead of myself so I can enjoy the fresh snow tomorrow.

But you don’t have to be an outdoor enthusiast to take advantage of this flexibility. Stay at home parents, disabled people, people that travel a lot, people with other income streams that want more money or those that are pursuing other goals that are time dependant can all benefit from online businesses.

A World Wide Audience

A traditional shop has a limited customer base. This is because people have to travel to it and walk in before they buy anything. Online businesses can be accessed 24/7 by anyone in the world, this means that when you use the correct techniques, you can attract customers from anywhere. Also, the amount of people buying stuff through their mobile phones is on the increase, as it is so easy to do so. This is only going to increase over time and now is a good time to get started.

Great Earning Potential

This worldwide audience that can buy anything at any time has the potential to make you a serious amount of money. Waking up in the morning to see more money in your bank account than there was the previous night is a great feeling. 

Ways To Earn Money Online Without An Investment

I am not going to talk about ways of making a small amount of cash quickly here. In this post I am going to concentrate on sustainable online businesses you can start from anywhere, with very little outlay. If you are looking for ways to make a quick buck, check out my guide on how to make money on the side.

Start A Social Media Agency

These days social media is extremely important to businesses. It builds their brand, attracts customers, a great way to get feedback and build relationships. Unfortunately for many business owners, they find it very difficult to find the time to create quality content that engages their audience. Therefore, they often outsource to social media agencies.

By starting a social media agency, you can make good money from managing the social media accounts of businesses. I go in to more detail in my post on how to start a social media agency, but in summary clients would want to see the following benefits:

  • Good social media strategies across all platforms
  • Brand promotion
  • Attract new customers
  • Competitive analysis
  • Time saving

When it comes to the amount of money you can earn from starting a social media agency, you can do pretty well out of it. Depending on what your clients want, you can charge up to $1,000 per month per client. By acquiring four or five clients, you can make some good money. By utilising automation tools and employing people you can streamline your tasks, allowing you to take on extra clients if you want to.

 

Become A Copywriter

If you have a flair for words, you can work as a freelance copywriter. Copywriters create content that serves a purpose for their client. They write to promote, educate or inform their client’s audience. You can learn more in my guide on how to become a copywriter with no experience, but copywriters are expected to create content such as:

  • White papers to inform people about problems and how to solve them. These are usually about what the client is selling and are used to generate leads.
  • Social media content that is engaging, entertain and informative. This means copywriters add more of a service than a social media agency would.
  • Website content needs to be written in a way to ensure that it does what it is intended for.
  • Emails intended for subscribers to a mailing list need to be effective enough to encourage the reader to take action. This could be anything from buying something, believing in something or going somewhere.
  • Reports on particular topics or industry trends need to be written. This requires lots of research on the copywriter’s part, so they can include the relevant facts and details.
  • Advertisements are not just made up willy nilly, they are carefully put together by copywriters. This is because they have the necessary word skills to make the most out of them.
  • Case studies are commonly written by copywriters to showcase how their clients have helped their customers. This is so they can highlight the benefits they can offer their customers to gain more business.

As you can see, copywriting isn’t just about writing blogs and reports, it can be very involved. Your success as a copywriter depends on how well you market yourself. If you do it well, you can get lots of work and earn big.

Start Drop Shipping

Drop shipping is a great business model, where you sell products through your online store. But rather than buying the products, storing them and shipping them, the supplier does it for you.

The supplier (usually in China) will have a very low price for their products. You sell the product through your online store with a huge markup on it. It is very easy to set up an online store using Shopify and adding products from AliExpress to it. You need to understand how to choose a good drop shipping niche and how to select good products to drop ship.

 

the drop shipping process

You attract people to your online store in a few ways, but the main way is to use targeted adverts on social media.

This is the tricky part, you need to do a lot of testing with regards to the products you want to sell and your market. You need to gather information from setting up adverts. In the early days, you are very likely to set up adverts that don’t make any money. But they will give you essential data for effectively targeting your customer base.

Many people give up when their adverts fail, as this costs money. However, when you get this marketing method sussed, you can make a serious amount of money. A great example of this, comes from I guy I was speaking to a couple of weeks ago. He spent $500 on his adverts and managed to sell a torch. Obviously, this wasn’t too successful. However, his friend persisted and managed to make $1,000,000 in 9 months, selling novelty tea cups!

 

Become An Affiliate Marketer

Affiliate marketing is a great way to make money. It is one of the most popular ways to monetise a website. As an affiliate marketer you make money in the form of commissions through affiliate links from promoting products and services provided by others.

Affiliate marketing is a popular business to start up, as it is very cheap to start. All you need is a computer, an internet connection and a hosted website (which is actually really easy to set up).

How does affiliate marketing work?

You attract people to your website by creating content that people are searching for. To do this, you must choose a niche to work in. The content you create needs to be based around the keywords that people are typing in to search engines about your niche.

Therefore, you need to learn Search Engine Optimisation techniques amongst a few other things to make your affiliate marketing website successful. Good SEO techniques will get your website higher up the rankings in Google and other search engines. The higher your content is in people’s search results, the more traffic you are going to attract, earning you more money.

You can earn a fantastic amount of money affiliate marketing. If you were to sell a product or service that earns you $30 per sale, there is serious earning potential, as you can see from the infographic below.

How does affiliate marketing work? - earning potential infographic

When you compare drop shipping to affiliate marketing as a business there are some differences. Drop shipping costs you more money, but has the potential to start earning money sooner. Affiliate marketing is a slow burner, it will take a long time for your website to start making money, but it has the potential to earn more over time.

 

How To Earn Money Online Without An Investment: The answer!

If you really do not want to, or can’t invest a lot of money in to your new business venture, affiliate marketing is the way to go. Check out my guide on how to make money affiliate marketing for more details on how it works.

If you have any thoughts and questions on this subject, please leave them in the comments section below.

22 thoughts on “How To Earn Money Online Without An Investment

  • 01/02/2020 at 12:49 pm
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    Hello Tom, 

    You make some really interesting and compelling points in this article. Right now, the money I get from my job is so insignificant that I can barely afford to live off of it and put away a percentage for savings. I need to start a business to supplement my income but I just don’t have any capital to invest so I think the ideas you share here will really help me. Now I can understand why so many people choose to launch an online business. Thanks

    Reply
    • 01/02/2020 at 1:13 pm
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      Hi Leo,

      Thanks for your comment. An online business is a way to go to supplement your income and if you do it right, it can be your only source of income. However, please note that it takes time to get to this point. But, luckily in many cases these online businesses can be done in your spare time in the early days.

      Reply
  • 01/02/2020 at 12:53 pm
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    Very cool site and I love the name, Adventurous Affiliate. You cover many of the areas that people can use to make money online. You have some great information here and it should be beneficial to anyone reading it. But my question is, Is it really feasible to say you can make money online without an investment? It seems like there is always some kind of an investment or did you mean without a huge investment of cash, as is required in some of these programs? Thanks for reading my comments and I really love the site overall and its concept.

    Reply
    • 01/02/2020 at 1:11 pm
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      Hi Don,

      Thanks for your comment. Yes, I agree you need to put down some money to get going. But, online businesses don’t necessarily call for the huge investment a traditional bricks and mortar business would.

      Reply
  • 01/02/2020 at 12:53 pm
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    Hi Tom,

    You put together great suggestions about how to earn money online. I was happy to see there are no online survey sites included on your list! Honestly, that made me read your whole post 😊

    I’ve been playing around with the idea of drop shipping for quite some time now. I already have my site, and I started to do some affiliate marketing. But I think I have a great idea for a product within my niche. What I am lacking is having a courage to go for it. Your post gave me a boost I needed, so guess what I’ll be doing for the rest of Saturday? Learning about drop shipping 😉

    Katja

    Reply
    • 01/02/2020 at 1:09 pm
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      Hi Katja,

      I am currently looking in to drop shipping and will be regularly posting updates and guides from my findings. Good luck and let me know how you get on. Thanks for your comment.

      Reply
  • 01/02/2020 at 12:57 pm
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    I love the info charts you’ve done to illustrate each one of the opportunities. I’ve tried some of the ones you mentioned above. Dropshipping could have some entry barriers if you haven’t received commercial payments before, all the payment collection companies will have a big transit period between the acquisition of the money and the actual release of it to your bank account. 

    If you don’t have a couple of credit cards with good money available, this “transit” could harm your business very much.

    I’ve also gotten into Affiliate Marketing. As a newbie, I had to learn too many things. It is important for you to understand that it’s almost impossible to do it alone. Having the backup of a responsive and active community could be the difference between succeeding or not.

    Reply
    • 01/02/2020 at 1:08 pm
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      Hi Juan,

      Thanks for your comment and your insight in to drop shipping. You are right about needing some training for affiliate marketing. It is much better to get some guidance, rather than going in blind.

      Reply
  • 01/02/2020 at 1:00 pm
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    Thank you so much for sharing with us such a beautiful article .One of the best ways for me to make money without investing online is to find Affiliate Marketing Place. Affiliate marketing makes it easy to make money online, and I have been working in affiliate marketing for two years and I am a successful affiliate marketer. And I think if someone wants to make money online and through Affiliate Marketing they can easily succeed as I have. There are many tutorial videos out there that teach you how to do affiliate marketing and provide a lot of money making tools that have helped my website get to a better level.

    I hope through your article everyone will know how to work in Affiliate Marketing and they will get a premium membership from here and share their success soon.

    Reply
    • 01/02/2020 at 1:06 pm
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      Hi Shanta,

      Thanks for your comment. I’m glad to hear you are being successful with your affiliate marketing efforts. 

      Reply
  • 01/02/2020 at 1:05 pm
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    Affiliate marketing sounds like the best option to me, I mean there is no risk, you don’t have to handle merchandise, or shipping or order cancelations and returns. The only downside is the time it takes and the work you need to do before you can start earning big money.

     But based on your article, it sounds to me like, if you learn how to do affiliate marketing properly from the beginning, then you are set up for success, and it will take shorter time to start seeing results.

    I also like the freedom you get with the affiliate marketing, you get to set up your own schedule and work when you want, of course, you have to be disciplined and make sure you complete your tasks. I like you advice to have weekly tasks, that way you don’t fall behind on your work.

    Plus like you mentioned, when you have more time like in your case the mountains are closed at the moment, so you work extra to free up more fun time when the mountains open, that is a great idea.

    Great article indeed, thank you for these tips.

    Rose

    Reply
    • 01/02/2020 at 1:16 pm
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      Hi Rose,

      Thanks for your comment. Discipline is very important and it isn’t something I am particularly good at all the time to be honest. There are lots of distractions here, normally in the form of friends trying to get me to go on the mountain with them or to go partying. It is frustrating and difficult to say no, but life needs balance, or it is no fun!

      Reply
  • 01/02/2020 at 1:11 pm
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    Good job, I am an affiliate marketer and a freelance writer, your write up on affiliate marketing took my attention. I had to see your SEO link and I saw your explanation on internal and external links. You have a good way of using affiliate links without messing them all around your post. Good culture

    Reply
    • 01/02/2020 at 1:14 pm
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      Hi Parameter,

      Thanks for your comment and for your kind words. 

      Reply
  • 01/02/2020 at 1:14 pm
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    Great post , what i like about online business is the flexibility of working anywhere in the world and the fact that you have global audience. i enjoy traveling the world so having an online business is not even an option for me.

    I prefer affiliate marketing because i see from your post that it has great earning potential long term.

    Please advise, what is the most important skill(s) you should matter in order to be successful when doing affiliate marketing

    Reply
    • 01/02/2020 at 1:21 pm
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      Hi Princess,

      Thanks for your comment. I think that learning about SEO is important, but you need to get your niche right in the first place. If you get this wrong, you don’t stand a chance. I also recommend that you read my post about working remotely and what it is really like.

      Reply
  • 01/02/2020 at 1:35 pm
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    Working online is just the best business anyone can give to themselves. It’s a great way to make passive income. You don’t get disturbed by weather conditions, you don’t get to wake up too early to prepare for work, and you don’t have to worry about late going to work. I’m an affiliate marketer and in fact, I use it to prepare for my retirement. Online business is what people should have a second taught on.

    Reply
    • 01/02/2020 at 2:43 pm
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      Hi James,

      Thanks for your comment. Working online is the best and will only get more popular. One day, most people won’t need to travel to work at all.

      Reply
  • 01/02/2020 at 1:40 pm
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    When I first started out online, I usually have difficulty coming up with what works and what doesn’t until I came up with drop shipping and affiliate marketing. I confused of which to go for until I got to know of the clear differences.

    Personally, drop shipping tends to be more difficult and technical compare to affiliate marketing. You will have to deal with customer complains, cash back, delay in the manufacturer deliver and all that. But I see affiliate marketing to be simple. You don’t have to worry about all drop shipping problems.

    Reply
    • 01/02/2020 at 2:42 pm
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      Hi Leon,

      I agree, drop shipping is more customer service oriented, where affiliate marketing is all about the content. Thanks for your comment.

      Reply
  • 01/02/2020 at 2:37 pm
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    Hello Tom, Your guide is awesome to Earn Money Online Without An Investment. I learn lots of new thing from your awesome guide. Now I know the power of affiliate marketing via your article. I tried affiliate marketing part time but after reading your guide I am planning to do it full time. Now a days affiliate marketing is a great way to make money.
    We must have unique content for better ranking. I hope it will work for me.

    Reply
    • 01/02/2020 at 2:41 pm
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      Hi Parveen,

      Thanks for your comment. Affiliate marketing is a great business, but you need to try to work on it every day to make it a success.

      Reply

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