25 Low-Cost Business Ideas With High Profit [+Examples]

low cost business ideas with high profit

Table of Contents

Building a profitable business isn’t always expensive. Many entrepreneurs choose no-code tools to avoid external funding, especially when it comes to building tech startup ideas. But you can start from small and go for low-cost business ideas with high profit instead of betting on creating a massive startup. In this post, we show you 25 ideas you can build on a budget that will bring high ROI πŸ‘‡

  1. Help customers find sales & coupons
  2. On-demand food with tight delivery & food safety standards
  3. Help people make travel plans easier
  4. A digital alternative to a courier service
  5. Personal finance for digital nomads
  6. On-demand pharmacy store
  7. Connect with experts & get advice
  8. Shop owners can visualize their inventory in one platform
  9. Send users curated event lists
  10. Bot to help new employees in the onboarding process
  11. A platform for students to take classes & tests online
  12. Connect graphic designers with businesses who want to create their logos
  13. A platform that brings together numerous charitable causes
  14. A platform that automates digital marketing campaigns
  15. Payment gateway
  16. Receivable automation platform
  17. Sales tracking application
  18. A legal tech app or platform
  19. On-demand consultant
  20. A platform that connects founders & sellers
  21. A platform to improve healthcare services
  22. A crypto art marketplace
  23. An alternative platform for artists to make money with their music
  24. Blogging
  25. Social media analysis platform

1. Help Customers Find Sales & Coupons

This mobile app idea consists of building a shopping application that helps customers find sales in their area, using their phone’s GPS. It could also be a plugin that alerts users if a discount is available at the time of completing an online purchase. Some no-code mobile app development tools you can use are Thunkable or Bravo Studio.

Success Story

🎟️ Offerwhere is a platform for advertising offers, deals, and discounts. It was created by Tosin Ogunrinde, and offers advertised on this platform can be found via the Offerwhere mobile app and on third-party products that are used to engage with potential and existing customers, e.g. Facebook page of the advertiser. It’s also available as an app for Android and iOS.

  • πŸ’‘ Founders: 1
  • πŸ“ Location: UK

2. On-Demand Food With Tight Delivery & Food Safety Standards

The second low-cost business idea with high profit consists of building a mobile app that proposes a new way to buy and sell food. In this case, some no-code tools you can use are Thunkable or Bravo Studio.

Success Story

πŸ˜‹ ORDR is an all-in-one platform for all restaurants. It all started when its founders Francesco Boffa and Carlos got frustrated with existing solutions in the city they lived in. As a result, the two London-based developers decided to bring the cloud into restaurants, providing the smoothest experience for customers and staff alike.

  • πŸ’Έ Revenue: $13,000 per month
  • πŸ’‘ Founders: 2
  • πŸ“ Location: UK

3. Help People Make Travel Plans Easier

Another great idea is to create a no-code platform that brings together multiple hotels and airlines to help users make better and easier travel plans. For instance, some no-code tools that you can use to build this kind of platform include Webflow, Softr, or Code2.

Success Story

Offtryp is an example of a trip personalization tool for travelers. Nicola, the platform’s founder, found a problem while organizing his own holiday trip. When planning his trip, Nicola noticed how obsolete the process of organizing a trip was. This was mainly due to the fragmentation of information and the need to invest a huge amount of time in planning it ✈️

  • πŸ’Έ Revenue: $5,000 per month
  • πŸ’‘ Founders: 1
  • πŸ“ Location: Italy
Offtryp landing page
Oftryp currently works with tourism-related businesses such as Booking, Discover Car Hire, Hotelbeds, and Viator.

4. A Digital Alternative to a Courier Service

Don’t you ever place an order and the delivery time range is too wide you have to stay at home waiting for your package all day? πŸš› This problem-solver idea could be the solution!

Building this type of service could consist of creating a digital alternative -platform or mobile app- to a courier service that provides a safe delivery within a few hours.

Some of the no-code tools you can use to build this platform are Webflow and Code2. However, if it’s a mobile app, you can choose between Thunkable or Bravo Studio.

Success Story

Airpals is a tool that helps companies improve their internal operations through same-day local courier services. Also, their delivery partners optimize their capacity and maximize their earnings. It’s also a woman and minority-led company!

Airpals
Airpals was founded one year ago by Brooklyn-based Ecuadorian entrepreneur, Joshe Ordonez.
  • πŸ’‘ Founders: 1
  • πŸ“ Location: United States

5. Personal Finance For Digital Nomads

Another low-cost business idea with high profit is building a platform or mobile app to simplify the process of organizing personal finance for digital nomads.

πŸ’΅ It could include a forum where users discuss the best fiscal residence, best banks while traveling, best credit cards, how to save, how to pay fewer taxes, and where to invest. Some no-code tools you can use to build this platform include Webflow and Code2.

Success Story

It all started when a Boston-based entrepreneur started having trouble finding a finance simulation tool that could model things in enough detail to ditch his spreadsheets without linking real financial accounts. He didn’t find it, so he decided to build one: that’s how ProjectionLab was born.

ProjectionLab
ProjectionLab was created by Kyle Nolan.
  • πŸ’Έ Revenue: $1,500 per month
  • πŸ’‘ Founders: 1
  • πŸ“ Location: United States

6. On-Demand Pharmacy Store

With the pandemic, online and e-commerce sales rocketed. Therefore, now it’s a great time to benefit from this trend and bring pharmacy stores online. For instance, an on-demand pharmacy store would consist of an online platform where users upload their medical prescriptions and get their products delivered at home. You can use WordPress, Big Commerce, Checkout Page, Softr, or Kreezalid to build this platform.

Success Story

πŸ’‰ Robin Health is a free and 24/7 prescription delivery in San Francisco. The app, strictly designed for the mobile world, was founded by Elliott Poppel to make it easier for customers to take care of themselves and the people they love. As a result, Robin Health eliminated the errand of going to the pharmacy, and delivery takes only up to 60 minutes.

  • πŸ’‘ Founders: 1
  • πŸ“ Location: United States

7. Connect With Experts & Get Advice

Need expert and proven go-to-market help?

Want the best acquisition deal terms?

Need help handling underperforming employees?

When building or creating something, it’s essential to connect with experts and get advice. Therefore, one great idea is to build a platform that allows users to engage in conversations with experts in any field and get advice on specific questions. To build this kind of project, you can use Zoom, Calendly, and Gumroad.

Gumroad
With Gumroad you can sell anything: from video lessons, to monthly subscriptions & physical products. 

Success Story

Arise Daily is a platform that offers the startup founding teams the right amount of expertise for a few hours. Founded by San Francisco-based entrepreneur Heidi Fung, Arise Daily seeks to make revenue by helping its experts sell short projects (2-20 hours) to clients (early-stage startup founders).

In addition, the startup receives a percentage of the total product cost in exchange for finding clients and handling all the paperwork (invoices, NDAs, tax forms).

  • πŸ’Έ Revenue: $15,000 per month
  • πŸ’‘ Founders: 1
  • πŸ“ Location: United States

8. Shop Owners Can Visualize Their Inventory in One Platform

A good business idea is to build a startup that offers a tool for store owners to help them visualize their inventory on a single platform. In this case, there are some project management no-code tools you can use, such as NotionAirtable, Softr, or Coda.

Success Story

Fabian Alexander created Inventory List, a mobile app to help people that manage their inventory with spreadsheets and pen-paper, and need something that works with their iOS devices.

  • πŸ’‘ Founders: 1
  • πŸ“ Location: United States

9. Send Users Curated Event Lists

Another low-cost business idea with high profit is creating a startup that sends users curated lists of events in their area, including shows, festivals, and museum exhibitions. It could be a mobile app or an online platform with monthly, weekly, or daily push notifications.

Music festival
When creating an account, the platform or app could ask the user for their artistic and/or musical preferences and suggest events according to their interests.

Some no-code tools that you can use to build this platform include Webflow or Code2. And if it’s a mobile app, you can choose between Thunkable or Bravo Studio.

Success Story

Facebook Local is an app to keep up with what’s happening locally, whether you’re looking for something to do with friends on the weekend or want to explore a new neighborhood.

According to John Lax, Product Design Director at Facebook, this application was created thanks to all the people who were looking for and attending events thanks to the platform. And while there’s an “Events” bookmark that aggregates events on Facebook, it was tough to find and not that convenient for the people who were regular users. That’s why they broke that bookmark out into a stand-alone app.

  • πŸ’‘ Founders: 1
  • πŸ“ Location: United States

10. Bot to Help New Employees in the Onboarding Process

Imagine a company wants to reduce the time it takes to train new employees. To solve this issue, you could build a system that helps with the onboarding process of new employees. Some no-code tools that you can use to build this platform include Memberstack and UserGuiding.

Success Story

HCM Deck is a learning and development platform that helps organizations and managers plan, manage and support employees’ growth, improve competencies and boost motivation and engagement in the team.

Within the platform, developers built an Onboarding section that seeks to engage newcomers from the first day. Also, it allows teams to customize employee onboarding, letting them include films, documents, e-learning modules, webinars, surveys, and tests.

  • πŸ’‘ Founders: 2
  • πŸ“ Location: Poland

11. A Platform for Students to Take Classes & Tests Online

As online and e-commerce sales grew drastically during the pandemic, so did the use of online learning and video chat platforms such as Google Meet, Teams, and Zoom. And during the post-covid era, there’ll still be plenty of people who’ll prefer to learn from home. Not only does it give students flexibility, but also access to resources, courses, and lectures from anywhere at any time.

Online class
Investing in building an online learning or video chat platform created specifically for students is a worthwhile low-cost and high-profit startup idea.

A no-code tool you can use to build a video chat platform is Uteach. On the other hand, if you want to build a mobile learning platform for creating, managing, and selling online courses, you can use Gumroad.

Success Story

Puentica is an online synchronous and asynchronous philosophy course platform aimed at anyone interested in a laidback and nonacademic exploration of philosophical topics. It was founded by Mahmoud Rasmi.

  • πŸ’Έ Revenue: $2,000 per month
  • πŸ’‘ Founders: 1
  • πŸ“ Location: Spain

12. Connect Graphic Designers With Businesses Who Want to Create Their Logos

Another idea is to build a platform exclusively aimed to connect freelance graphic designers with businesses and brands who want to create logos and other graphics. A no-code tool you could use to build this platform is Bubble.

Success Story

Spencer Moser founded Bridgewood Created to provide small and medium-sized businesses with an affordable, simple way to get premium design. In this platform, every design is curated pixel by pixel to ensure a unique, market-specific design for every client.

  • πŸ’Έ Revenue: $26,000 per month
  • πŸ’‘ Founders: 1

13. A Platform That Brings Together Numerous Charitable Causes

One of the main problems with donations is that people want to give their money to charities and causes they care about, but often wait until they are asked to give or find the process harder than it should be.

That’s why a low-cost business idea with high profit could be building an online platform or site that brings together multiple causes for users to donate to in a simple, easy and safe way. A no-code tool you could use to build this platform is Bubble.

Success Story

Daffy is a non-profit community of members who have the commitment to put money aside for those less fortunate than themselves through automation. Through Daffy, users can support over 1.5 million charities in the US, right from their smartphones: from causes such as food security and the environment to human rights and education.

“We built Daffy around the idea that this problem can be solved by simply selecting how much you want to set aside to give every year, and then automating those contributions,” states Daffy’s co-founder and CEO, Adam Nash.

Just tell Daffy how much you want to give, select weekly, monthly, or yearlyβ€”and you’ll join a community bound together by this simple commitment: to proactively put money aside for good.

Adam Nash
  • πŸ’‘ Founders: 2
  • πŸ“ Location: United States

14. A Platform That Automates Digital Marketing Campaigns

A good idea is to build an AI platform for e-commerce that automates the creation and optimization of marketing campaigns on social media platforms, such as Facebook, Instagram, TikTok, and Google. Some no-code tools that you can use to build this platform include WebflowCode2, and Bubble.

Success Story

Adtomic is a platform that seeks to boost brands’ digital marketing strategies through automated marketing campaigns. It consists of an AI platform for e-commerce that creates and optimizes ad campaigns on social media, such as Facebook and Instagram, and Google. According to Adtomic, the platform helped La AnΓ³nima Online boost its sales by +145%.

  • πŸ’‘ Founders: 3
  • πŸ“ Location: Argentina

15. Payment Gateway

This business niche is on the cusp of success, and there’s not an overload of solutions. So if you’re an expert in this field, you can develop a universal payment system that supports a variety of payment methods (credit and debit cards, crypto, bank transfers, mobile operator billing, and more). A no-code tool you could use to build this platform is Bubble.

Success Story

Lemon is a digital economy app that allows users to exchange Argentine pesos for cryptocurrencies in a few seconds. With Lemon’s app users can also deposit Argentine pesos in their account and transfer money to others instantly. Also, they can receive transfers from friends and family.

Lemon card
Every time users make a purchase with Lemon’s VISA card, 2% of the purchase is returned to the account in cryptocurrencies (Bitcoin). This money can then be invested.
  • πŸ’‘ Founders: 2
  • πŸ“ Location: Argentina

16. Receivable Automation Platform

Managing hundreds of financial reports is a time-consuming task, as it means some team members have to contact all vendors to check the status of payments. In order to increase their productivity, you can create a platform or app that allows companies to upload reports within minutes.

This kind of financial tool is in high demand nowadays, so it’s one of the best low-cost and high-profit business ideas, which will definitely help your potential clients and/or users to be more efficient. A no-code tool you could use to build this platform is Bubble or Squarespace. You can also use tools such as Airtable and Coda.

Success Story

YayPay is a Software-as-a-Service (SaaS) that applies process automation, machine learning, and AI to accounts receivables operations. Above all, this platform seeks to accelerate collections, boost productivity, improve CRM, and predict cash flow with greater accuracy.

  • πŸ“ Location: United States

17. Sales Tracking Application

πŸ“ˆ Sales tracking is a mandatory task for any business that deals with sales daily. However, it can become quite repetitive over time. Therefore, if you’re an expert in this area, you can develop a sales tracking application that will help users automate sales processes and tasks. Also, you can also offer a set of reporting options!

In order to build the best tool, you’ll have to analyze the marketcompare the best apps and offer your perfect solution. Some no-code tools that you can use to build this platform include WebflowCode2, and Bubble.

Success Story

Showell is a sales enablement platform for presenting, sharing, and tracking content. According to Showell, studies show that 65% of reps say they can’t find relevant content. But with this platform it’s easier to store, manage, and distribute sales collateral. It also has a wide file format support, automatic delivery and updates, and multi-language support.

Also, it allows workers to deliver virtual sales presentations, where they’ll be able to listen to their customers, react to questions, answer needs, and overcome objections. The platform also has consistent and up-to-date brand messaging and visuals to help sellers deliver a great customer experience.

  • πŸ’‘ Founders: 1
  • πŸ“ Location: Finland

After the Covid-19 pandemic, the legal field has undergone big changes, including the arrival of tech integration to this traditionally analogical market. Consequently, the adoption of legal technology will have significant implications for the future of the legal industry.

βš–οΈ According to a report published by The Law Society in 2019, B2B law firms have increasingly moved to SaaS systems in recent years. And this has been crucial to the expansion of legal tech.

Also, respondents interviewed for this report stated that the use of AI and machine learning tools have resulted in time savings of 20% to 60% in the review of information for lawyers. In this scenario, building a legal tech platform or app might be a low-cost and high-profit business idea!

Success Story

DocPro is a legal tech platform that seeks to boost lawyers’ productivity by making documents more accessible and affordable for users. Therefore, this platform allows workers from the legal industry to discover thousands of legal, business, and personal templates created by legal professionals. It also has a step-by-step guide to customize documents and DIY contracts to their needs.

  • πŸ’Έ Revenue: $2,000 per month
  • πŸ“ Location: United States

19. On-Demand Consultant

Are you an expert on some topic? Do you want to help startups, founders, and creators get better at it? If you’re a marketing or sales expert, you could build a platform where you’d offer your on-demand services to those who need them. Some no-code tools you can use to build this kind of platform are Agora, Gumroad, or Bubble.

Success Story

Rhys Morgan is a UK-based SaaS marketing consultant who’s passionate about supporting startups with their marketing efforts. Consequently, he decided to build a platform from which he offers 30-minute private weekly calls. Also, he offers his clients a WhatsApp-based private chat, a 24/7 turnaround on all requests, and unlimited active requests.

  • πŸ’Έ Revenue: $1,400 per month
  • πŸ’‘ Founders: 1
  • πŸ“ Location: United Kingdom

20. A Platform That Connects Founders & Sellers

If you’re a sales professional and/or expert, this might be ideal for you! You could build a marketplace that connects sales experts and leaders with founders, helping them with their startups’ sales (messaging, ICP, discovery, sales funnel, and strategy) and get paid on an hourly consultation. You could use Bubble or Gumroad to build this platform.

Success Story

Activated Scale is a platform that allows professionals to connect with US-based sellers that have experience in the business’ buyer or industry. Moreover, experts can be hired hourly, part-time, or full-time.

πŸ’Έ Revenue: $23,000 per month
πŸ’‘ Founders: 1
πŸ“ Location: United States

21. A Platform to Improve Healthcare Services

In certain Latin American countries, such as Argentina, the healthcare system is a complex web of medical insurance companies, social security, and public health. However, this system can often be collapsed, resulting in delays in scheduling medical appointments and long waits at hospitals.

In this context, innovative ideas are emerging, such as applications or platforms that seek to give patients the opportunity to choose the health professional they want to see. To create the best tool, you’ll have to analyze the marketcompare the best apps and offer your perfect solution.

Currently, there are doctors that are building alternative healthcare service platforms offering users a list of physicians and dentists specifying their specialty, fees, and patient reviews. Some no-code tools that could be used to build this platform are Webflow or Bubble.

Success Story

Ignacio de Asua, an Argentine doctor who currently lives in Chile, recently noticed the difficulty in the relationship between the social security or prepaid patient and the doctor. “It’s known that the fees for doctors in Argentina are becoming more and more impoverished and fewer professionals provide care through social security or prepaid health insurance,” explained the creator of an initiative that will work like Uber.

Regarding the main benefit that the platform will bring, de Asua informed that “the free play of supply and demand will increase the quality of care.” That’s why professionals will have to make a bigger effort to attract patients. Also, both provider and patient will reach an optimal price balance.

As for how the platform will be developed, he explained that it will be web-based. And it will be accessible through an Internet browser. “We are doing initial tests at the moment so that the platform works efficiently,” Ignacio said. To create the best tool, you’ll have to analyze the marketcompare the best apps and offer your perfect solution.

  • πŸ’‘ Founders: 1
  • πŸ“ Location: Argentina

22. A Crypto Art Marketplace

Today only around 5% of artists who have their music on platforms like Spotify are the ones who dominate the scene. However, the rest can’t make money through streaming platforms or shows. Therefore, NFTs and crypto art are a great opportunity both for artists and entrepreneurs, founders, and creators. In this line, a low-cost business idea with high profit is to build an NFT marketplace related to music and art. Some no-code tools that could be used to build this platform are Webflow, Bubble, or Gumroad.

Success Story

Enigma is the first NFT marketplace related to music and art in general in Latin America, building a new bridge between fans, their favorite artists, and emerging ones, being able to access through blockchain technology an asset, or unique and unrepeatable experience, even giving the opportunity to emerging artists to collaborate with established artists in the creation of new works of art. Enigma aims to build a new creative economy.

  • πŸ’‘ Founders: 3
  • πŸ“ Location: the United States & Argentina

23. An Alternative Platform for Artists to Make Money With Their Music

Apart from streaming platforms such as Spotify, there are alternatives for artists to make money with their music. To build a platform of this kind, you can use no-code tools such as Webflow or Bubble.

Success Story

Aspirio is an app that seeks to transform artists’ passion for music into money. The first thing musicians have to do is to become an Aspirio Member, complete an audition and get ready to show their talent. After doing that, they’ll be able to make music for clients around the world, and earn money from that!

Since Aspirio was founded two years ago, +130 artists got gigs thanks to the platform, $98.000 were delivered to artists, and +300 songs were released for Aspirio’s clients.

πŸ“ Location: Spain

24. Blogging

Blogging is not just a hobby. Nowadays, blogs have also become a good source of income. So if you’re a professional in this niche and want to share your experience with others, you can create your own SaaS blog. With a blog, you’ll be able to cover a wide variety of topics, from enterprise technology to software development and AI. This way you’ll keep your readers updated on the latest trends in this field.

If your blog is interesting enough, you’ll have the chance to establish yourself as an expert in this field. After that, you’ll be able to earn money through Google AdSense or advertising from other services on your blog. The blog can be created with no-code publishers such as Medium, Ghost, or Gumroad.

Success Story

Blogging Guide is a Substack newsletter that helps writers navigate the digital publishing landscape and shows them how to monetize their writing. Casey Botticello launched Blogging Guide in 2020 and it started as a free newsletter until he enabled paid subscriptions around a month later.

  • πŸ’Έ Revenue: $1,000 per month
  • πŸ’‘ Founders: 1
  • πŸ“ Location: United States

25. Social Media Analysis Platform

Digital marketing is impossible without social media. LinkedIn, Twitter, Instagram, and Facebook, for example, are great advertising tools that allow entrepreneurs to reach their customers and potential consumers faster, easier, and more effectively.

However, they need to monitor content to understand which posts are performing well. Therefore, you can take that need and create a service to help entrepreneurs, professionals, business owners, and agencies collect all this data and display statistics across all platforms.

Success Story

RADAAR is a social media management and collaboration platform. It helps marketers, agencies, and startups at every step, from scheduling and publishing posts on their profiles to analyzing their efforts. It was founded by Mustafa Ercan Zirh.

  • πŸ’Έ Revenue: $1,200 per month
  • πŸ’‘ Founders: 1
  • πŸ“ Location: Turkey

Once you’ve chosen your low-cost business ideas with high profit, it’s time to find your audience, validate the idea with your potential users and customers, and launch the product! Good luck πŸ˜‰

Victoria Mortimer

Victoria Mortimer

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