subject: Five Helpful Steps In Starting An Online Business [print this page] It is the dawn of internet marketing and making money online, every online entrepreneur is trying to make their mark on the internet. But, how do you really get things going in your online business when you've got hundreds and thousands of competitors? Well, achieving a successful internet business needs a few areas addressing before you launch a business online.
First Step: What service or product do you want to offer? Determining this will help you establish your target market and eventually apply the necessary internet marketing methods for that particular niche and product or service..
Second Step: Who is your target market? To whom are you providing your services or products? Remember, it would be better and easier to promote products and services that people need. This way, you are sure that your time and effort will not go to waste, giving people what they need online will almost guarantee a successful internet business.
Third Step: Set up Your Website. Purchase your own domain and get some good hosting, instead of applying for a free web hosting service. Also, create a site that's user friendly and has great SEO (search engine optimization) elements. Keep in mind that customers these days are extremely skeptical. If you don't make your site professional looking, they might see it as a scam site, which is the last thing you would want to be known as. Making your own internet business more successful also involves a lot of compellingly unique content, which is beneficial to your SEO efforts and your customers, unique quality content should be a priority in your internet marketing strategies.
Fourth Step: Drive traffic (people) to your site. If you don't have budget for paid advertisements, you might want to consider going for the organic approach. Since your own internet business site is already equipped with the right content, you can apply off site search engine optimization, which means writing articles and submitting them to the article directories, that then have a link back to your website. Submitting videos and PDFs, press releases, RSS marketing, directory submissions, etc, etc. Once you have your own traffic generation campaign rolling, the traffic will start to come in, then with traffic comes money!
Fifth Step: Tracking. This is probably the most crucial ingredient to a successful internet business. Tracking your businesses progress will provide insights on how to further improve your website, conversion and traffic generation tactics. There are many ways to do this, Google analytics is free and will provide you with quality information. Simply type in Google analytics as a search on youtube and you will find hundreds of tutorials and tips when using this service.
So here are five steps that MOST people online, ignore. They then cannot understand why they are not earning six figures per month!