Digital products have several advantages. They don’t require inventory and are one of the easiest ways to start a low-cost business. One example is Cinnamon and Jason’s doll clothing pattern business. They have invested only about $20 in a website and sold hundreds of patterns to happy customers around the world. They’ve since expanded to selling books and CDs online. In addition, digital products don’t require any recurring manufacturing or shipping costs. They’re also highly profitable, as long as the product is useful and sells well.
Another great option is website flipping, a type of website selling service. People looking for an organization service can buy a website with an existing business and improve it. In exchange, the buyer can sell it for a profit. This business can be based at home or in a small storefront. To get started, all you need is a computer and some supplies. Most businesses want their buildings cleaned after hours, on weekends or during the night.
Print on demand (or POD) printing can also be a profitable option. By offering custom designs on your website, you can increase your business by up to 300%. Then, you can collaborate with a printer to print your designs. You’ll get the chance to use your creativity to sell your products, and you’ll only pay when they’re sold. Another business model that offers a low upfront investment is print on demand. With this type of business model, you can easily create a store on Shopify and promote your products using Instagram influencers.