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Buy and sell domainsA domain name is a website name (i.e. entrepreneurhandbook.co.uk). Since the early days of the inter...
05/11/2021

Buy and sell domains
A domain name is a website name (i.e. entrepreneurhandbook.co.uk). Since the early days of the internet, clever domain buyers have bought up common term top-level domains (.com, .net, org are a few examples) and made a fortune by reselling them at a later point (i.e. cars.com). It’s important to note you can also specialise in popular country-level domains where there is demand (.co.uk, .US, .IO are all popular).

Many new top-level domain names have been released in recent years (.inc, .dev and .is are a few), meaning there is now a new opportunity to purchase popular common term domains and sell them for a profit.

There is no setup cost with this business; you just require access to a computer and plenty of time to research, find and purchase domains. To get started, you’ll need to set up multiple accounts at domain name registrars and auction sites (Namecheap, SEDO, Godaddy…), these platforms allow you to find domains and purchase them. From there it’s about searching for new domains that have yet to purchased or domain names that are about to expire, and you believe it can be sold at a profit (you’d be surprised how many domains are lost due to people forgetting to renew a domain). You can also use auctions to buy domains at a reasonable price and then sell on if you believe a profit can be made.

WebinarsWebinars are live video sessions where a specific topic is covered by expert/s, and the audience can interact/as...
05/11/2021

Webinars
Webinars are live video sessions where a specific topic is covered by expert/s, and the audience can interact/ask questions. Effectively they are a form of online training, webinars have boomed in popularity in recent years particularly in the technology, marketing and finance areas (complex subjects and products). Webinars are an excellent way to market products and services.To start building a webinar business, you’ll need to decide on the webinar software you’re going to use. You’ll also need expertise in a particular area that is popular, prepare course/programme materials and have enough reach via paid advertising or existing marketing channels to get participants to sign up to your webinar.

Typically, webinars are used to establish you as a thought leader in a particular field and then monetised through selling your services directly (educational courses, consulting) or through affiliate products. For example; promoting a relevant accounting software package alongside a webinar on small business accounts.

Ticket resellerSell tickets for shows and concerts, either directly for the venue as a reseller or buy them yourself and...
05/11/2021

Ticket reseller
Sell tickets for shows and concerts, either directly for the venue as a reseller or buy them yourself and sell them at a premium nearer the time. It’s important to know it is illegal to resell tickets for sporting events unless you have express permission from the said sporting club/organisation to do so. However, it is perfectly legal to resell tickets for other events such as concerts and gigs.

The days of street touts selling tickets have largely gone as resale has mostly moved online. To get started you’ll need to create accounts on Viagogo, Biletto and other secondary ticket market sites. To make this business work will require buying many tickets, meaning you’ll need a fair amount of capital available to buy and hold tickets until it comes time to resell at a mark-up. Secondary ticket sellers can make anything from 30% to 500% profit margin if an event is popular/sold-out (particularly festival tickets sell close to the event opening time for a high return).

Selling handcrafted products has never been easier, you can use platforms like Etsy or NOT ON THE HIGH STREET to reach c...
05/11/2021

Selling handcrafted products has never been easier, you can use platforms like Etsy or NOT ON THE HIGH STREET to reach consumers (each platform charges commission on goods sold, worth noting that the Etsy is the lowest). You can also setup you’re an online store using software like Magento or if you’re not technically minded Shopify.

The handcrafted market is competitive, to stand out you’ll need to create a really attractive brand and ensure that your product images and descriptions are excellent. From there in terms of customer acquisition on the crafting platforms it’s all about getting positive reviews to get boosted up the rankings for particular searches. For your own store social media is a great place to promote and specifically these types of products do very well of visual platforms (i.e. Pinterest, Instagram…).

Make and sell stuffHandcrafted goods have become extremely popular in the last few years (from customised dog coats to e...
05/11/2021

Make and sell stuff
Handcrafted goods have become extremely popular in the last few years (from customised dog coats to engraved rings and beyond) and the demand for bespoke handmade goods shows no signs of slowing down.

Starting a handcrafted goods business is all about skill and choosing a trendy/in demand range of products you can produce (you’ll need to carefully workout product cost, hours and materials). If you already have a handcrafting skill or know how to make a particular product you can get started straight away. If you don’t there are plenty of skills, you can learn enabling you to make crafted products. For instance; you could learn jewellery making, book making or leatherworking to create a range of different handmade products.

In terms of marketing, if you list on eBook on the platforms above, it’s important to get as many positive reviews as po...
05/11/2021

In terms of marketing, if you list on eBook on the platforms above, it’s important to get as many positive reviews as possible to get up the rankings in your particular book field to maximise sales (and convince people to purchase your eBook). You can do this initially by asking your friends and family to buy and review your book.


Next focus on reaching out to online publications offering free copies of your book for them to review and provide much-needed content marketing to drive in their audience (you can also offer to write features and link to the book). Writing and publishing an eBook is relatively easy, the key is to write a great book and put significant efforts into marketing, once you have traction from marketing, the popularity and sales of your eBook will snowball.

05/11/2021

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