Starting a business without capital. - page 12.

ancafe

hero member

Activity: 1736

Merit: 731

Catalog Websites

Quote from: Smilevictorobinna on April 25, 2024, 03:13:27 AM

Is very possible starting up a business without capital all you need is your ability of pursuing success.
Affiliate marketing is a business you can venture into without capital and still make good money from it, even more than some businesses started with capital.
Affiliate marketing is the process by which a person earns a commission for marketing another person's products.
All you need to start this business is good communication skill in other to sell the product of the other person and get a commission for doing that.

Technological developments make everything easier and even starting this kind of business will be a little easier if we have good marketing skills. Increasing competition forces people to fight harder because otherwise other people will take the opportunity and now there are many business models like this available on social media platforms that not many people know about so only a few people have tried them.

Marketing skills are really needed and now we just need to explore our own abilities to continue trying our luck in this sector. There are many people who might be successful in a system like that without spending capital, but not everyone can succeed if they don't have skills in that field.

Quote from: Smilevictorobinna on April 25, 2024, 03:13:27 AM

You can decide to market product of different company or person's at same time by doing this you are sure that everyday someone will buy from one of those product's there by making money every day.
When you become an expert in affiliate marketing you will start making profit every day of your life.

Competition in product marketing nowadays is so big because almost many people do the same thing. But if we have the ability then competition is a stepping stone for us to develop. Doing work like this is unlimited and we can market several products to sell and the more products we successfully sell, the greater the profit we will get.

Yukyzu

full member

Activity: 241

Merit: 100

Quote from: oktana on May 01, 2024, 07:17:02 PM

While you may not need money to start affiliate marketing, you should know that it requires a lot of work. There’s already competition which you need to beat because there many affiliates out there market the same product or service as you are. The work is in you differentiating your self and attracting an audience which you will definitely have to build their trust. So unless you’re a resilient person, you may want to think twice.

In my opinion, it is impossible to run a business without having to spend any capital, affiliate marketing also requires capital to be able to promote an item that we have and I agree with you that this is not easy to do, of course we have to try as hard as possible and also have to be able to compete with them. who have started it first, with the hard work we do and also have to be patient with each process in order to achieve satisfactory results for ourselves.

oktana

sr. member

Activity: 1582

Merit: 281

Eloncoin.org - Mars, here we come!

While you may not need money to start affiliate marketing, you should know that it requires a lot of work. There’s already competition which you need to beat because there many affiliates out there market the same product or service as you are. The work is in you differentiating your self and attracting an audience which you will definitely have to build their trust. So unless you’re a resilient person, you may want to think twice.

SATWAT

member

Activity: 994

Merit: 46

Quote from: freedomgo on April 30, 2024, 06:56:15 PM

Quote from: OrangeII on April 29, 2024, 02:30:30 AM

Well, if we talk about building a business without capital, then there are many ways. However, it is not easy, even for affiliate marketing. However, building connections and markets is also very necessary. There are many people who try to do affiliate marketing and become successful, but the journey they go through is not easy. Actually, there are many things we can do to start a business without capital, but the level of difficulty sometimes makes people lazy. However, nowadays almost all businesses have their own path, with capital or without capital, but it all depends on the individual person who wants to start it.

As much as a lot of people have been successful in affiliate marketing, but I also believe that there are also tons of people who had never made it to succeed. Simply because their time and efforts are not enough to make it work. Even if we say it’s a free capital investment or I’d rather call it a side job, still it should be given high focus and determination in order to build connections and do marketing to the people. It’s really not easy as it is, that’s why the profits are big and exceptional.

I agreed about this all with affiliate market has never been easy and solid for all we have lowest ever success rate because its need unique ideas and good patience which is not easy with both parties are also needed to be solid and trustable because we are having good history of the scams about this which are also hurting many and with things like these mostly peoples never try to jump into this way.
No doubt this is free capital with having no good success rate because this is one of the toughest job for me as I watch many peoples those jumps in, but they are having not ideal end of their journey but still few are doing good and enjoy which is also good but still we have to accept this is not for all with creativity and connections are also important.

MiF

sr. member

Activity: 1400

Merit: 258

SecureShift.io | Crypto-Exchange

Quote from: Smilevictorobinna on April 25, 2024, 03:13:27 AM

Is very possible starting up a business without capital all you need is your ability of pursuing success.
Affiliate marketing is a business you can venture into without capital and still make good money from it, even more than some businesses started with capital.
Affiliate marketing is the process by which a person earns a commission for marketing another person's products.
All you need to start this business is good communication skill in other to sell the product of the other person and get a commission for doing that.
You can decide to market product of different company or person's at same time by doing this you are sure that everyday someone will buy from one of those product's there by making money every day.
When you become an expert in affiliate marketing you will start making profit every day of your life.

Well you are right affiliate marketing is a good way to earn, but you need to be more skillful because you need to be trusted by the person you work with. It needs time and it needs more effort because people will not directly trust you it needs skills on communication. And this process of earning will not make you a big profit because people now a days is always looking for a low price product.

junder

hero member

Activity: 1092

Merit: 507

Leading Crypto Sports Betting & Casino Platform

Quote from: G_Besar on April 30, 2024, 11:34:40 AM

You can't create fame in one day, it can happen instantly without prior struggle, except for artists who are already famous through social media. Because there are also content creators via YouTube who are successful, although not so many because if we count the ones who are not successful, there are also a lot of them at the moment. So that everyone can make a small conclusion that achieving success or fame through anything always requires a long process and everyone must be able to go through it well enough if they want something beautiful in their future.

In my environment there are many people who have switched from creating content on YouTube to investing and trading in the market which can give them profits even though these profits are not available in the near future. Because currently unofficial content creators have been defeated by the presence of new, simpler ways of creating content so that the things they create are no longer more interesting for many people to watch. Except that the channel is quite official in providing information through the content they create every day.

I agree with you, of course, even though there are a lot of people right now who can become famous by taking advantage of technological developments such as creating content and uploading it via YouTube, it won't be as easy as you think, indeed I also have friends who think about creating content that is currently popular. and they think that by creating content and then publishing it they can immediately make them famous, unfortunately it's not that easy. Of course there is a process that must be gone through, and to create content of course capital is needed such as tools which must be adequate.

Incidents like that still rarely happen, because only certain people really understand investment, most people chase success quickly, therefore many of them want to become YouTubers by creating content, sometimes the content they create is not very useful.

freedomgo

legendary

Activity: 3150

Merit: 1148

Fully Regulated Crypto Casino

Quote from: OrangeII on April 29, 2024, 02:30:30 AM

Well, if we talk about building a business without capital, then there are many ways. However, it is not easy, even for affiliate marketing. However, building connections and markets is also very necessary. There are many people who try to do affiliate marketing and become successful, but the journey they go through is not easy. Actually, there are many things we can do to start a business without capital, but the level of difficulty sometimes makes people lazy. However, nowadays almost all businesses have their own path, with capital or without capital, but it all depends on the individual person who wants to start it.

As much as a lot of people have been successful in affiliate marketing, but I also believe that there are also tons of people who had never made it to succeed. Simply because their time and efforts are not enough to make it work. Even if we say it’s a free capital investment or I’d rather call it a side job, still it should be given high focus and determination in order to build connections and do marketing to the people. It’s really not easy as it is, that’s why the profits are big and exceptional.

MissNonFall9

member

Activity: 196

Merit: 15

★Bitvest.io★ Play Plinko or Invest!

Quote from: Smilevictorobinna on April 25, 2024, 03:13:27 AM

Is very possible starting up a business without capital all you need is your ability of pursuing success.
Affiliate marketing is a business you can venture into without capital and still make good money from it, even more than some businesses started with capital.
Affiliate marketing is the process by which a person earns a commission for marketing another person's products.
All you need to start this business is good communication skill in other to sell the product of the other person and get a commission for doing that.
You can decide to market product of different company or person's at same time by doing this you are sure that everyday someone will buy from one of those product's there by making money every day.
When you become an expert in affiliate marketing you will start making profit every day of your life.

Business is the sale or purchase of goods or services for the purpose of profit, making use of them through the production and distribution of those goods or services to meet material and immaterial needs and all related legitimate risky and continuous activities are known as business.

Analyzing the definition above does not include affiliate marketing as a business. But affiliate marketing can be chosen as a job as a means of earning money without capital. However in the current age of information technology expansion, even if you want to do affiliate marketing it is necessary to provide some minimum capital. otherwise it becomes a challenging thing to achieve success in affiliate marketing.

G_Besar

hero member

Activity: 1120

Merit: 504

Quote from: jrrsparkles on April 30, 2024, 09:43:15 AM

Becoming popular in social media can happen over night or never at all and we are not really in control of the fame part, there are many failed youtubers/ content creators even though they deserve million subs for their talent still didn;t get popular. And this will take time for sure and nothing can generate profit from day 1 and it's lot difficult with very little success rate.

You can't create fame in one day, it can happen instantly without prior struggle, except for artists who are already famous through social media. Because there are also content creators via YouTube who are successful, although not so many because if we count the ones who are not successful, there are also a lot of them at the moment. So that everyone can make a small conclusion that achieving success or fame through anything always requires a long process and everyone must be able to go through it well enough if they want something beautiful in their future.

In my environment there are many people who have switched from creating content on YouTube to investing and trading in the market which can give them profits even though these profits are not available in the near future. Because currently unofficial content creators have been defeated by the presence of new, simpler ways of creating content so that the things they create are no longer more interesting for many people to watch. Except that the channel is quite official in providing information through the content they create every day.

dezoel

legendary

Activity: 2044

Merit: 1075

Leading Crypto Sports Betting & Casino Platform

Quote from: Smilevictorobinna on April 25, 2024, 03:13:27 AM

Affiliate marketing is a business you can venture into without capital and still make good money from it, even more than some businesses started with capital.

It's not as easy as you make it sound because just like any other field, not everyone who ventures into affiliate marketing can gain success in it if it was this easy to earn money without making any investment, everyone who has no capital would have been doing the same thing but because it's not that easy, you won't find a lot of affiliate marketers around you.

One needs a lot of knowledge and understanding about the industry they are going to get into along with skills and knowledge about marketing tactics and practices because you can only get people to buy the products if you can manage to convince them, and most people can't do that. Another big challenge is reaching out to relevant people which isn't easy either.

DubemIfedigbo001

sr. member

Activity: 406

Merit: 282

Let love lead

Quote from: Smilevictorobinna on April 25, 2024, 03:13:27 AM

Is very possible starting up a business without capital all you need is your ability of pursuing success.
Affiliate marketing is a business you can venture into without capital and still make good money from it, even more than some businesses started with capital.
Affiliate marketing is the process by which a person earns a commission for marketing another person's products.
All you need to start this business is good communication skill in other to sell the product of the other person and get a commission for doing that.
You can decide to market product of different company or person's at same time by doing this you are sure that everyday someone will buy from one of those product's there by making money every day.
When you become an expert in affiliate marketing you will start making profit every day of your life.

Well I don't think you perfectly understand what successful affiliate marketing is all about. Let me remind you that affiliate marketing thrives online than offline and there are practical knowledge you need to know before even starting into it. Most of these secrets to successful affiliate marketing aren't free at all, although it can be obtained at a cheaper price.

You surely need to design your sales funnel to channel your leads and prospects effectively while using the best marketing tools to keep track of purchases. These costs money to acquire unless you're tech savvy which reduces the costs but not eliminate it totally.

In affiliate marketing, you need your goods or services gets to a wider audience and that its achieved by running ads across many social media platforms channeling leads to your site. Funds are needed to run ads, not leaving aside your personal commitment and hardwork before your ads starts converting. Also periodic trauma you've to face when your account is banned without justification and possibly you've paid people to boost those pages for you.

infact, nothing is free and whoever says you can start a business without investing a dime is a big liar unless you've the intention of gathering investors to support your dreams.

moneystery

full member

Activity: 714

Merit: 168

affiliate marketing also requires capital, because you need to market your affiliate link to many people, whether it's from your social media, broadcast messages, etc., and it requires money because you need to buy an internet package or pay for a post boost so that it is seen by more people. , or various other things. trust me, affiliate marketing is not as easy as you imagine because we can't just rely on our communication skills, we also need online skills to be able to get a lot of money from it and that requires capital.

jrrsparkles

sr. member

Activity: 2436

Merit: 272

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: Finestream on April 29, 2024, 04:52:46 PM

Quote from: jrrsparkles on April 27, 2024, 06:13:09 AM

Without capital, all you can do is work for someone and that's what the affiliate marketing is about. Sure you can do that and make a lot of money but it doesn't comes over night and it's not really suitable for everyone cause you need to be influencing people to buy the products you sell to really get your commission. I would suggest getting a salary is a lot better than working based on commision cause it doesn't guarantee minimum pay so it add extra pressure than being convenient.

You can only be successful with affiliate marketing if you invest in yourself first, making a lot of exposures in the social media so that you can start communicating to the people and build their trust on you. That way, it will be easier then for you to promote your products to the mass since you know already you have a lot of viewers that will gladly trust you based on your reviews on the products.

It’s not really true that this is a free capital investment, of course your capital is yourself that’s why you have to establish trust and positive relationship from the audience so that it will be easier for you to make commissions out from the items you are promoting or selling to them.

Becoming popular in social media can happen over night or never at all and we are not really in control of the fame part, there are many failed youtubers/ content creators even though they deserve million subs for their talent still didn;t get popular. And this will take time for sure and nothing can generate profit from day 1 and it's lot difficult with very little success rate.

ultrloa

legendary

Activity: 2758

Merit: 1228

Quote from: Smilevictorobinna on April 25, 2024, 03:13:27 AM

Is very possible starting up a business without capital all you need is your ability of pursuing success.
Affiliate marketing is a business you can venture into without capital and still make good money from it, even more than some businesses started with capital.
Affiliate marketing is the process by which a person earns a commission for marketing another person's products.
All you need to start this business is good communication skill in other to sell the product of the other person and get a commission for doing that.
You can decide to market product of different company or person's at same time by doing this you are sure that everyday someone will buy from one of those product's there by making money every day.
When you become an expert in affiliate marketing you will start making profit every day of your life.

Men you need to work a lot with that before you can get a community that will sign up your link shared so for that to happen then I guess you need to step up something and shared something valuable to your audience so that they would follow your tracks. Since if you just randomly shared everything without giving any satisfaction to people then provably they will come to sign up one time because maybe they are curious then leave you and will not sign up again since you didn't do something in return to them. If you really want to succeed on this then became an influencer since from that for sure you will got a lot of people following you and they could always see what's are the new things you are promoting.

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: jrrsparkles on April 27, 2024, 06:13:09 AM

Without capital, all you can do is work for someone and that's what the affiliate marketing is about. Sure you can do that and make a lot of money but it doesn't comes over night and it's not really suitable for everyone cause you need to be influencing people to buy the products you sell to really get your commission. I would suggest getting a salary is a lot better than working based on commision cause it doesn't guarantee minimum pay so it add extra pressure than being convenient.

You can only be successful with affiliate marketing if you invest in yourself first, making a lot of exposures in the social media so that you can start communicating to the people and build their trust on you. That way, it will be easier then for you to promote your products to the mass since you know already you have a lot of viewers that will gladly trust you based on your reviews on the products.

It’s not really true that this is a free capital investment, of course your capital is yourself that’s why you have to establish trust and positive relationship from the audience so that it will be easier for you to make commissions out from the items you are promoting or selling to them.

jaberwock

legendary

Activity: 2660

Merit: 1074

Quote from: batang_bitcoin on April 25, 2024, 07:25:48 AM

Quote from: Smilevictorobinna on April 25, 2024, 06:26:06 AM

You really don't need to be an influencer to start affiliate marketing all you need is good communication skill and marketing a good product when you have a good communication skill people will listen to you and buy the product and they will refer there friends that is how you grow.
In affiliate marketing you will surely grow and become successful but you need time to grow.

Yes I know that but the bigger advantage is with the influencers that have already their own community and can ask them to sign up for them if ever they need that service they're advertising or the products that they endorse with their affiliate links. This is easier for the girly influencers where simps are going to sign them all they long and going to avail products and services where they're going to get a lot of commissions and this isn't a secret to all.

What if the girl influencer also sells girl products? I don't think a man will avail it lol even though they like that streamer so much, same goes if the streamer is a man and the audience are women. It's already a different story if they buy for their partners, siblings, friends... Apart from their own community, videos of influencers can easily go viral and other people can see them or interact on the links that they are posting.

This is the dream of those who want to sell something but we need to take it easy because being one is like winning in a lottery. Many have tried and do their best but they still ended up being a failure. We can only try other opportunities out there and maybe there is that one that will click on us.

OrangeII

hero member

Activity: 2072

Merit: 503

Well, if we talk about building a business without capital, then there are many ways. However, it is not easy, even for affiliate marketing. However, building connections and markets is also very necessary. There are many people who try to do affiliate marketing and become successful, but the journey they go through is not easy. Actually, there are many things we can do to start a business without capital, but the level of difficulty sometimes makes people lazy. However, nowadays almost all businesses have their own path, with capital or without capital, but it all depends on the individual person who wants to start it.

pusaka

hero member

Activity: 1064

Merit: 589

Quote from: poodle63 on April 29, 2024, 01:04:31 AM

Quote from: TEBTC on April 28, 2024, 05:39:34 PM

Affiliate marketing is good but it still takes time to build your network and get people to buy from you the truth is capital is my key to any successful business

its always capital isn't it, affiliate marketing only works if we can build a brand to our name making us have good reputation such as those influencers and celebrities, they got endorsement in the first place because they have good reputation and fame, other than that is building our own community through social media then we can leverage the followers or viewers for the sake of advertisement and affiliate marketing.
for people that just doesn't cut it to work for that kind of activity like just don't have the ability to get famous or building community the best way is always having capital and ideas before hand.
starting business from the very bottom building the brand name by spending capital as well as building product MVP using the capital as well.
even though a business without capital exist such as affiliate marketing there's always something required to compensate for the lack of capital, i don't believe its gonna be just easy to do too.

Becoming an affiliate or becoming a reseller is something that is not easy to do, because even though we can start without capital, it takes us, in my opinion, longer time to get customers, unless we are someone famous or let's say an influencer, maybe it's easier because we already have the main capital, namely followers.
Meanwhile, if we have to start from 0 (we are not an influencer) then it will be more difficult to do, because we have to really move from the bottom without having the privileges I mentioned at the beginning.
Spending capital might help us more, but we still have to have dedication and hard work so that our products are known to many people. Creating promotions and the like are important steps that we have to take and don't forget that we shouldn't just give up, because the process we will go through is not an easy one.

poodle63

hero member

Activity: 2702

Merit: 510

Leading Crypto Sports Betting & Casino Platform

Quote from: TEBTC on April 28, 2024, 05:39:34 PM

Affiliate marketing is good but it still takes time to build your network and get people to buy from you the truth is capital is my key to any successful business

its always capital isn't it, affiliate marketing only works if we can build a brand to our name making us have good reputation such as those influencers and celebrities, they got endorsement in the first place because they have good reputation and fame, other than that is building our own community through social media then we can leverage the followers or viewers for the sake of advertisement and affiliate marketing.
for people that just doesn't cut it to work for that kind of activity like just don't have the ability to get famous or building community the best way is always having capital and ideas before hand.
starting business from the very bottom building the brand name by spending capital as well as building product MVP using the capital as well.
even though a business without capital exist such as affiliate marketing there's always something required to compensate for the lack of capital, i don't believe its gonna be just easy to do too.

YUriy1991

sr. member

Activity: 882

Merit: 215

#SWGT CERTIK Audited

Quote from: mirakal on April 28, 2024, 07:57:44 PM

Affiliate marketing requires more hardwork and determination so you will end up successful with your goal. And the fact that a lot of people are doing like this, so you need to become more competitive as well and think of special ways on how to attract people so they will end up buying your offers. This may be hard and tiring at first, but I think the amount of profits are certainly worth the time and efforts.

Yes. That's exactly what you said and it's quite relevant. Indeed, for a decent profit too, but for when the competition is quite tight, at this time only for pioneers at the beginning who are always at the forefront with a record of being required to be online and be ranked at the top.

This is closely related to making people interested in coming and buying the products we promote, but one thing that is difficult for many people to do is to be consistent because Building a reputation, trust is the main key in affiliate marketing if you just follow along, I think it only costs time.

Topic: Starting a business without capital. - page 12. (Read 2635 times)