30 ideas for making money online with a budget under Rs 5,03
Idea #21 Digital marketing (paid + free)
Digital marketing is about driving traffic to your website and app through Google Ads and Facebook Ads. Content marketing is more about organic growth with the help of articles, videos, and graphics (fuelled by compelling stories).
If I can bring one lead at a cost of Rs 100, a digital marketing expert can bring one lead at Rs 50. Digital marketing is all about understanding the data and optimising the cost. You can learn digital marketing in a few months and start your own digital marketing agency.
You can get most of your initial audience from Facebook. Your content can go viral if you create value for startups. There are already so many groups dedicated to startups, marketing, blogging, and SEO. Once you have an audience, you can start selling your services to startups. Affiliate and display ad marketing will always remain an option for you.
Depending upon your skills, you can charge between Rs 20,000 and Rs 50,000 to sell your services. There are so many technical products that you can promote to make affiliate income from $10 to $100 per conversion. If you make 10 conversions of $100 per product, you can have a monthly income of Rs 65,000. This is very doable if you put your brain and heart to work.
Media (news and trends)
You can get multiple online business ideas if you look at any news portal. Let’s see what you can get from the NDTV news website.
You can make a niche media website for business, movies, cricket, food, tech, auto, apps, art, weddings, and elections.
You can become a media outlet in any domain in which you have interest.
Idea #22 Bollywood news
There might be many channels that share Bollywood news but the market is not yet saturated. You can still write movie reviews and find interesting stories of celebrities that people want to read. Your success depends on your promotion capabilities.
Idea #23 Startup news
There is enough room in the startup ecosystem to find stories from many different angles. You can take interviews of startup founders in a particular area and celebrate that topic the whole month. For example, write stories on funding in February, matching co-founders in March, acquisition in April. and so on. If you have the mind of an entrepreneur, you can be innovative at each step of your career.
Idea #24 Tech news
If you are a passionate tech lover and spend many hours reading about the latest trends, why not start an online business in the same niche? I already gave you the source for generating as many ideas as you wish.
You can go deeper into the software development technology, tools, or design tech. There are infinite opportunities if you keep your eyes open.
Idea #25 Gadget trends
Tech and gadgets are part of the same domain. You may include both on your portal or start with your niche products. If I would have to start, I would pick just one product or a range of products from a company. You can go for the expanded scope at a later stage.
You can make an exclusive news portal on Apple products only. Make sure to keep the quality so high that you become the first source of contact if I need any information about the iPhone, iPad, or MacBook.
Idea #26 Fashion trends (focus on a few celebrities)
This is a great opportunity for all the young people who are fascinated by the latest trends in the fashion market. When we say fashion, the first impression that comes to our mind is western fashion.
You can get the same success even if you are interested in Indian fashion trends. Sarees and kurtas are the all-time favourites of Indian women. Help them choosing online what’s trending in the market.
Idea #27 Stock market and business news
Although it was once my favourite domain, I stopped reading stock and business news because of all the noise surrounding it. I do not trust the so-called market gurus who advise anything for their own benefit. There are very few people who provide information that is actually useful for investors.
Here comes an opportunity for you. If you are really interested in stocks or business, then become a trusted source of information. You can make a good business only after doing remarkable work in any field.
Do not pick my ideas to add more noise on the internet.
The best way to make money from a news portal is by the display ads. However, if you are making something in a very niche segment (like Apple products), you can make a great income from affiliate marketing. You can promote paid apps from the Apple Store as well as sell apple products through Amazon and Flipkart.
Depending upon the audience profile and niche, you can start making an income after hitting a monthly traffic of 10,000 on your website. If you can achieve consistent traffic, you can make between Rs 50,000 and Rs 1,00,000 per month within a year.
Technology and software
Software engineers can easily start an online business in the tech industry. If you are running short of ideas, just look at the Stack Overflow community.
If you are a techie, you must have come across Stack Overflow posts when searching for your tech queries.
You can pick topics like
- 3D printing
- Arduino, and many more
No, you don’t have to compete with the Stack Overflow community. What you need to do is focus on your niche. You can do a much better job than Stack Overflow if you create awesome content in one single area.
It is difficult for me to write all the ideas in detail. I will give you a single-line hint and you can refine ideas based on your interests and capabilities.
Idea #28 Tech startup
There can be more than 100 ideas within the tech startup domain. If you love to make software products, then a tech startup is good for you. Don’t try to hire people for building your idea from the first day. You should either find a co-founder for the technical development or learn yourself if you are good at sales/marketing.
Idea #29 Mobile app
If you have a little experience in mobile development, just move forward with the implementation of your idea. Low-cost mobiles and free internet perks have created big opportunities for the mobile app business. You can get a lot of success with mobile apps if you can go viral.
Idea #30 Online community
Communities will always remain the source of trusted information from the real users. Reddit, Stack Overflow, and Zomato are the communities of passionate people who want to help each other. You can come up with a new community in your niche.