10 Easy Steps to a Successful Online Business
10 Easy Steps to a Successful Online Business
If you go on the internet and search for the term "Hammer" you will get over 70 million results, search for "Plumber" you get over 12 million, and search for "Making money online" Google will return over 144 million results. The internet has become so huge (and growing daily) just having a website does not guarantee that you will be successful. Actually having a website doesn't guarantee you will even sell one thing.
Setting up an online business is more than just putting up a website and listing your stuff to sell on it. To have a successful online business it takes planning and know how. Here are the top ten things to do to set up a web presence that will give you the best chance of being successful.
1) What To Sell - Determine what products or services you will offer. Create a target niche for your business.
2) Have A Marketing Plan - A good marketing plan will include how and where you will market your website. It will also include a marketing budget (how much will you spend and where will you spend it). You want to know your costs up front on this.
3) Determine A Selling Price - How much will you charge for your products or services and what will your markup be? Of course you want to make as much as possible but if you are trying to sell a pen for $500.00 you might have a hard time selling one. Do your research to find a fair price you can charge. This will also help you to determine how much money you will make per sale (your gross profit).
4) Set Up A Website - To start out you don't have to spend a lot of money here, use a hosting plan that has a prebuilt websites. There is usually a small additional monthly fee for using this service.
5) Create A Giveaway Product - Whatever your niche is create a free special report related to your business. You will give this away to subscribers in return for their email address. This will start building a list of customers to sell your products to.
6) Use A List Building Service - There are strict laws that must be followed when it comes to email marketing. Don't go it alone on this one.
7) Have A Way To Collect Your Money - You will need a way to get collect the money for the products you are selling. You could use an online shopping cart system or a service like PayPal for this. There are many secure services available to do this for you.
8) Write Some Articles - A very good way to drive FREE traffic to your website is to write articles that relate to your business. You can submit your articles to various Ezines (for free). In your article there will be a resource box or an author's bio box; this is where you will put your web address to allow people to find your website. It also gives the Google's of the world a way to find you with links to your site.
9) Get Social - Set up a Facebook group that people can join that is related to your business. Every blog post you write, every newsy thing that happens you will put on your Facebook as well as your Facebook group you created. You can use other social websites like MySpace if you choose.
10) Get Marketing - It's time to start working that marketing plan. Marketing is now your new job. The most successful companies in the world are the best marketers out there. Once you get your arms around this function of your business you will see the money flowing in.
Keep in mind that nothing happens overnight. It takes time and consistent work. Don't focus only on the money. The money will come, first focus on creating a good business model, this will give you the best chance of your business being successful and the money coming in.
Strategy Based Profits TIP: - Follow the steps, don't cut corners and get help from experts on areas you are not an expert in.
Robert J. Roy
Money Man
Now Pay Close Attention --
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