Online business opportunities in south Africa

It’s no surprise, internet businesses make a lot of money. The return on investment is just too much. They are also way easier to scale. It is easier to scale up compared to traditional businesses. Example, in order to scale your restaurant to another location you would have to incur significant costs, it feels like you are starting all over again. With an internet business your business will be available for access all over the country immediately upon launch, it’s also easier to move to international markets. This is a list of online business opportunities in South Africa that you can take advantage of.

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Starting an growing an internet business is not difficult at all, I started this site with R0 and now earn a lot of money from it on a monthly basis. I asked my friend to quickly buy a domain for me then I self-hosted it then started making content, four months later it was making around R300 per day. Fast forward another 2 months, it was earning over one thousand per day. This just shows the potential of what a website can do for your business. I have tried and tested a lot of online businesses and these are the best online business opportunities in South Africa.

1) Dropshipping

Dropshipping is a way of selling stock that you don’t own. How does that sound? How this works is that you setup an online store then choose products you want to sell from sites like AliExpress, Amazon, Alibaba, eBay. You post these products as your own in your website, when a customer buys then you also buy from these suppliers. Example, you post a picture of Nike shoes that you saw on eBay, you put a mark-up on the original price for profit. That shoe could be R500 then you add another R200 and sell it for R700 as profit.

Wait what? Is this even legal? It’s not only legal but it’s fully embraced in other countries, this is because dropshipped products are usually cheaper than the ones sold in local stores, the Nike shoe that you are selling for R700 are usually sold for R1 400 in local stores. This is because they have way more costs (operating premises, operating expenses, salaries). You can’t just dropship on any site, the above-mentioned sites allow people to dropship from them. What is it that you do exactly? Do you go to Amazon and download product pictures and reupload them to your site? No, that is time wasting, besides, how would you know if the product has been sold out?

You join a dropshipping programme, it allows you to import all the product information from the site you are dropshipping on directly to your site. You can make changes and adjustments in your site, the best free dropshipping platform is ShopMaster. Dropshipping is by far one of the best online business opportunities in South Africa. In order to start this business, you have to setup an ecommerce store, then join a dropshipping programme. Get a beautifully designed online store from these guys.

2) Online store

If you don’t like the idea of dropshipping then you can open a traditional online store. This online store can be about anything and everything. The good thing about creating an online store is that all the costs that come with having a traditional business are limited, instead of spending a lot of money try to setup the business, you only spend a few thousands and can use the rest of the money on marketing. The other good thing about an online store is that you benefit greatly from SEO, you receive free traffic from Google. Some of that traffic can be converted into customers.

3) YouTube

You can make a lot of money from YouTube; you can actually make more money than most online businesses. Over 5 billion videos are watched each day on YouTube, you can become a content creator and make money if your videos get some views. People are becoming disinterested in watching traditional tv, why watch traditional tv when you can find the exact content that you are looking for on YouTube?

You are not too old or too young to open a YouTube channel, it should be on something that you have great knowledge about, there are people that are searching the internet for the type of knowledge that you have, give it to them through YouTube. The internet grows because people with knowledge contribute to sharing knowledge on the internet. You can start a channel making pranks, covering metaphysics, history, geography, politics, finance, sport, gaming. The list is endless, you get paid for the views that you get on your videos, the good thing is that the number of views you get is not directly proportional to your subscribers. You can have only a hundred subscribers and generate more than 50 000 views on a single video. This is a great online business opportunity, all you need is a camera, a phone with a good quality camera works perfectly fine.

There is a video on YouTube titled “How to pick up a blue chair off the ground”, it has over 2 million views, can you believe it.

4) Blogging

Blogging is one of the great online business opportunities in South Africa, blogging is also content creating. It’s a little different from YouTube, on YouTube you are creating content primarily for YouTube users and it’s in a video format, with a blog you are creating content for the web. The reason why blogging is placed behind YouTube on this list is because it takes a lot of effort to see results from blogging. You can spend months writing blogs and only see 10 people (including your grandma) coming to your blog each month. It gets very tiring and exhausting, it usually takes about 8 – 15 months to start seeing returns on your blog, and that’s if you had been blogging the right way.

The are a lot of things you need to get right when blogging, that’s because there are already millions of blogs out there that you have to compete with. You might also say that’s the case for YouTube, well YouTube is more of a platform with certain algorithms, when your channel starts gaining momentum it’s easier to get more and more people because YouTube will automatically suggest your content. Blogging is different, it’s also difficult to convince people to leave their emails on your subscribe form. Am I discouraging you? No, I want you to know exactly what you are up against, a lot of people quit to early, even the ones that know the process.

5) Affiliate marketing

You can make a lot of money with affiliate marketing. Affiliate marketing is basically advertising certain products on behalf of a business or brand then get paid a commission each time someone buys as a result of your marketing efforts. Here is an article that goes deeper into what affiliate marketing is. You can make more than R900 for just getting one person to order an E commerce website from the Promta Web Services affiliate program. The minimum you can make per person referred is R180. Affiliate marketing is how a lot of blogs, social media influencers and YouTubers make money.

6) Freelancing

Freelancing is one good way to make money online in South Africa. You can do graphic design or web design for people on the internet, whatever skill that you have to offer that can be done online. There has been a huge rise in the need for content writers, content writing is basically writing helpful articles for websites, like this article. You will get paid if the content you produced is helpful and original.

Conclusion

These are some of the best online business opportunities in South Africa, they require very little capital and knowledge to start. Another business that would be great run online is trading Forex, Binary and Stocks, this business was not on this list because it requires a heavy knowledge. Do you have any thoughts or questions? Comment below.

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