Being a student, you may not have savings or financial aid options but, when doing online business in India you don’t have to invest a lot of money as there are many online business ideas for students that require low or less investment.
Student life is the most exciting phase of life in which you learn many life lessons. Most of our fun stories revolve around this part of life only.
This is the part of life where everyone grows mentally and physically. That’s why we call it the golden period of life. But you can use this amazing time of your life into creating something valuable with these very easy to start online business ideas for students.
Students these days have a lot of peer pressure to look good and maintain a social life. But, you cannot ask your mom and dad every time you need money.
It’s a phase of life when you want to be financially independent, yet getting a full-time job while being a student is tough. As you have to submit your assignments on time and have to attend the classes too. Thus, doing a full-time job is not what you need right now.
Technology is growing and opening new possibilities to earn money easily by working online for few hours a day only.
The online world is very large and is full of opportunities for you. You can start your own business online without compromising your studies.
Online Business Ideas That Can Work Well for Students in India
The youth is full of enthusiasm and positive energy. Making money can be easy when you invest this energy in the right direction.
Knowing the right business model that suits your interest and skills will take time in starting. But, when you will find one you will be all ready to start an online business and earn a huge profit.
Starting an online business as a Student will allow you to work on your terms and conditions. It will get easy for you to manage your studies and business simultaneously.
Here are some online business ideas for students in India to earn money:
Blogging is always fun, but do you know that you can earn money from it? Yes, making money while having fun is the new trend.
It’s one of the greatest opportunities for college-going students. You should choose a category that you love and start writing about it.
Sharing knowledge is the best thing you can do for other people. It will benefit readers as well as you. Proven monetization methods like Google AdSense, Affiliate marketing, and Paid advertising can help you in making money through blogging.
Many student bloggers are making enough cash to meet their living expenses, whereas some have made it as their full-time work and are earning a good income.
2. Online Store
The E-commerce sector in India is booming with great speed and it is the right time for you to become a part of it.
E-commerce revenue in India is expected to see a rise from US$ 39 billion in 2017 to US$ 120 billion in 2020. Growing at an annual rate of 51% which is the highest in the world. Either you can open an online store or start selling on Amazon, Flipkart, Snapdeal, or Shopclues.
First of all, you have to search for a dealer or manufacturer to get products at a low cost. And if you want to sell on Amazon or Flipkart, you have to upload pictures of your products and the website will take care of the rest of the process.
If you have chosen to open your online store, you will have a chance to create your own brand. When you choose this option, you will be responsible for all the marketing, inventory, and user experience.
Pick good quality products to make a good impression of your brand. Work for less profit or no profit in starting to know things better.
After working for a while like this, you will get to know all the process and you will be ready to gain profit from your online store.
I’ve a detailed guide explaining on how to get started with Amazon FBA in India, make sure to go check it out as well.
3. SEO Expert
Digital marketing is in high demand right now and SEO is one of the most important techniques in Digital marketing. To rank a website on google, SEO is one of the most important factors.
Learning SEO is not difficult, there are many videos available on youtube and google that can help you in learning basic SEO. But, if you want to learn Advance SEO techniques, you have to enroll yourself in a paid course.
If you don’t have enough money to pay for a course, you should start following Digital Marketing experts like Neil Patel on Facebook, Instagram, and Youtube to know about some important techniques of SEO.
After learning SEO, you can start working for various Digital Marketing agencies as an SEO consultant and can earn a good amount of money through it.
The more the skills you have, the more money you can earn through this. You can also make it a full-time career option later in the future.
Many students in India are choosing this as a career as it is the most promising online business idea in India.
This is the most common business done by most of the students who don’t have enough time for a regular job or a part-time job.
In freelancing, you can choose any work like data entry, website development, content writing, graphic designing, etc. according to your skills. Register yourself on the various freelancing platforms like Freelancer, Upwork, and Fiverr.
On these portals, you can easily bid on the projects by sending proposals to them, if they will like your profile and proposal they will surely contact you. Most of the freelancers are paid on an hourly basis or milestone basis.
Creating a strong profile will help you in attracting more audiences. Focus on getting good reviews and ratings to make your profile stand out. To make your profile appealing you should start working at a lower rate to get your first client.
5. Online Tutoring
This is one of the most profitable and easiest business for teenagers as it is easy for you to teach students who are some years younger than you.
The traditional way of teaching is changing day to day, most of the students want to learn online only as it saves their time.
Gradually, E-learning is becoming part of the life of students these days. If you have an interest in any subject, working as an online tutor is the best option for you.
In Online tutoring, you don’t have to visit the student physically, you will only need a desktop and stable internet connection at your home.
Here, you have two options, first, you can collaborate with any tutoring service provider and can work with them to earn a stable income. Second, you can start your channel on Youtube where you will upload the videos of your lessons.
After setting up a channel, focus on getting followers and views on your videos to make your channel eligible for the YouTube Partner Program. And set up an Adsense account. By doing this, you will be ready to start making money through youtube.
6. Become a Reseller
Becoming a reseller is the easiest way to earn money without investing money. It is one of the best online business ideas for students as well as adults.
There are a lot of reselling apps available in India in which you have to refer the products to your friends and family. You can earn around 5%- 50% commission by selling a product to your friend.
Reselling apps like Meesho, Glowroad, Shop 101, and HiBoss are the best reselling apps in India. A vast range of products are available on these websites, you can choose any of the products and earn money by making a sale.
You can share these products on WhatsApp groups and Facebook groups to reach a large group of audience. If you want to make money without investing, then this is the best option for you.
7. Virtual Assistant
Virtual Assistant is for the people who want to earn money by working from home only. They are like independent contractors who provide service to business owners from the home office.
These services include digital marketing tasks, appointments scheduling, social media managing, and planning upcoming events.
Generally, virtual assistants are hired by business owners to reduce their workload. They look for students who can assist them in their work. And they are also ready to pay a good amount of money for this job.
Before starting as a Virtual assistant, you have to decide a business structure and service which you want to provide to your clients. Land into new clients by Pitching and Networking.
You can also search for these jobs on platforms like Naukri.com, Linkedin, Indeed, etc. You can also become a virtual assistant for big brands like Amazon.
8. Follow passion
Everyone is different from the other person in this world and has a unique interest. Explore the things which you love to do and when you find one, turn your passion into a business. If you love your work, no one can stop you from becoming successful.
When you find your passion, look out for the possible business ideas that students can start online to make money from it.
For example, if you like cooking, you can make cooking videos and post them on YouTube. You can also flaunt your talent on social media platforms like Instagram.
Earning money through sponsorships and ambassadorship is a lot easier on Instagram. After gaining a good number of followers, you can earn income by collaborating with relative brands.
If you are a Photographer, you can sell digital copies of your work online to the people who love photography. Or you can sell photos on stock websites. These platforms first gather millions of photos and videos and later sell them to the business, media, and marketing agency.
One more thing which you can do is to have digital seminars for future photographers by telling them some tips and tricks.
You can start by giving free seminars initially, later you can start charging for it. All these things will help you in making money by doing what you love the most.
Examples of Students Already Successful in Online Business
Farrhad Acidwalla is an Indian entrepreneur who is one of the youngest entrepreneurs in the world. He is just 26 and has founded Rockstar Media and CYBERNETIV DIGITAL.
He borrowed $10 from his parents when he was only 13 years old to build an online community devoted to aviation and aero-modeling.
After some months, he sold that community for $1200 and later used $400 to launch Rockstar Media. It was focused mainly on web development, advertising, marketing, and branding.
At the age of 17, he got featured in a live interview on CNN.
At a small age, Farrhad Acidwalla achieved a lot of things by investing a minimal amount of money.
This proves that a student can also run a successful business with low investment, the only thing you need is the right approach and a strong mindset to achieve your goal.
How to Start an Online Business in India as a Student
When you are young you don’t have a lot of responsibilities, thus it will be much easier for you to start an online business and take risks.
When in youth, people tend to have more positive energy and are full of high spirits which are most important when planning to start a business.
If you have already picked out one of these online business ideas for students then it’s time to start working on it.
To make your journey easy going you have to keep certain points in mind which will help you in achieving your target. Here are some steps that you will need to follow when starting an online business in India:
Step 1: Choose a Business Model
Starting a business can be a rollercoaster of thoughts sometimes. Because when you are a student it is a bit confusing to decide what is right for you.
Choosing the best business model which suits your profile is the most challenging part when you think of starting a business. This is the first step which you have to do when starting a business.
After choosing a perfect business model, you may take advice from people already doing it before finalizing it. This will help you to decide the right option for you.
Step 2: Research About the Business Model
Research about the business model chosen by you. Learn about both merits and demerits of your businesses. Before starting a business, it is important to know all the insights into the business.
This will help you whenever you are stuck in an unwanted situation. And if you already know about the obstacles, it will get easier for you to overcome that issue in the future.
After that, try to know how you can overcome these demerits. Study about it and read the case study of successful people to develop problem-solving skills.
Step 3: Build Personal and Business Brand
Attracting new clients is very important when you start a new venture. And your business profile plays a huge role in this. That’s why creating an eye-catchy profile for your business is equally important like other tasks.
This step needs to be done professionally. You have to make a unique as well as a professional profile for your business.
You can also take help from professionals to help you in this step as they know what it takes to make your profile stand out. Design a website for your business to set a great impression in front of your clients.
Step 4: Create a Marketing Campaign
Marketing is important for every kind of business these days. You may choose the traditional way of marketing or you can opt for digital marketing for your business. It totally depends on the nature of your business to know which type of marketing will suit you the best.
After choosing one of them, start a marketing campaign on the right platform for promoting your business. This will help you in creating brand value and attract new customers simultaneously.
Step 5: Evaluate Your Business and Improve
When you have created a brand of yours with so many efforts, you have to focus on the service you are going to deliver to the client.
Try to improve everything possible to create a good user experience for the users or clients. To improve your services you may take an idea of what your competitors are doing. This will help you in knowing where you are lacking.
This will lead you to have better and long term relationships with clients.
India is one of the developing nations in the world. Right now India is focusing on digitalization. The government is encouraging youth to be a part of the betterment of the economy.
Financial help is also available for young people who want to start their startups. Thus, it is the right time to start an online business in India.
Students who are not able to pay their studies fees can also get benefited from these online business ideas. If you also have a plan or want to earn money with your studies, you should start it right now.