Setting up your own online business can seem extremely daunting. Whether you've already got a business and want to sell products and services online or want to start from scratch with a new business, there is a great deal to think about.
However, despite the economic doom and gloom, there is real money to be made from web-based businesses. But where do you begin?
If you're starting from scratch, the first thing you need to decide is what you're going to sell and who you want to sell it to. The Web is a global marketplace, but that doesn't mean your business has to be international. Some of the most successful internet businesses target tight niches. When making the decision about what type of business to start you'll need to research the types of products and services that are in demand and the competition for supplying those to customers. The ratio of demand to supply will give you an idea of the likely profitability of any business idea. After all, there's no point in starting a business that's not going to make a profit, is there?
If you have expertise in a particular subject or area, then that's a great place to start. If there's a subject you're passionate about then start there. Focus on what you can offer that's unique. It's much better to offer something unique in a small niche market than try and compete with a thousand other companies in a huge market. Remember the bigger the market the more competitors you'll have. And on the Web, the chances are high that they'll all know more than you about the techniques associated with marketing and selling on the internet.
If you've already got an offline business that you want to promote on the Web, or have products or services that you want to sell on the internet, then you're a good part of the way there.
However, whether you've already got a business or have a good idea for starting one, there's a great deal to do to be successful on the Web. You have to come up with a domain name and register it, build a website (or get someone to build it for you), and find someone to host it. If you want to sell products or services directly from your site, you'll need to build-in online shopping facilities, and if you want to accept credit cards, you'll need a merchant account .
Then there's the promotion. It's all very well having a website out there in cyber space, but if no-one knows it's there, you won't get any customers. So you have to promote it, on and off-line.
How do you get visitors and how do you ensure they are in your target market? The most cost-effective way of generating targeted traffic on the Web is by ranking highly in search engines such as Google, Yahoo, and MSN for keywords related to your business. Unfortunately there are thousands of Web marketing professionals out there who are intent on making sure their sites rank highly, meaning that the chance of a relative newcomer getting a top 30 ranking in a search engine is small. Without a ranking in the top thirty on the major search engines you might as well be invisible.
Finally, and most importantly, once you've got traffic, how do you convert a reasonable percentage of it into income? How do you build the kind of trust and credibility online that keeps visitors coming back and spending money?
Phew! If you weren't daunted before, you will be by now. Fortunately, none of the problems outlined above is insurmountable. It's hard work sure, but very rewarding. And you don't have to do all the work yourself, there are plenty of solutions which will do lots of the hard work for you, like the one I use.
The important thing, as with any project, is to start and then to keep going. Imagine your website as a snowball running down a hill. It starts off very small and has no momentum. It takes hard work to roll it and help it grow, but once it reaches critical mass it gains a momentum of its own, starts to roll by itself and grows exponentially very quickly. Your web business is that snowball.
Kenny Hemphill is a website owner and marketer. His current http://www.the-hdtv-tuner.com/about-this-s ite.html- snowball is gaining mementum fast.
"Content is King" - that's a given, there's no debate.... Read More
So, you've created a Website to highlight your realty services... Read More
Why am I so mad I could throw my computer... Read More
Your turn to succeed has come.I am happy to offer... Read More
Have this phrase broken through your life at least once?... Read More
The single most important attribute for a successful Network Marketer... Read More
By writing articles you can send targeted traffic to your... Read More
Most people who try to leverage the Internet to build... Read More
After years of gut wrenching work and stress the home... Read More
Here's another great idea that the gurus are using to... Read More
When it comes to making money online, there are a... Read More
Last week, I wrote my first marketing/list building article. Could... Read More
Among the variety of techniques available to you as a... Read More
Here are the 10 heavy duty online sales tactics that... Read More
There is a misconception that you can come online set... Read More
Back in the ancient days of 1994 when Mark Andreesen... Read More
The Shopping Search Engines are a new breed on the... Read More
Perhaps the online community today is not so different from... Read More
You're motivated to run your own business, aren't you?If you're... Read More
I think we all cringe and dread when we open... Read More
Had I known in 1985 what I know now about... Read More
It is just crazy. Every time I open my mouth... Read More
Everyone has heard about viral marketing but what is it... Read More
There's one thing that's sure-fire guaranteed to ruin your profits... Read More
Marketing would appear to be the great buzz word of... Read More
Establishing & maintaining rapport with your online audience is perhaps... Read More
Catch the cash on the net?in more ways than one.Thousands... Read More
Find a niche; pick a niche, niche markets will make... Read More
Copyright 2005 Javier SalcesVisitor conversion is a challenge faced by... Read More
The use of tracking links in the following scenario puts... Read More
Photos should be important parts of your marketing. The photos... Read More
Convinced you have a fantastic idea for your online business... Read More
You and I know that whenever you have a business,... Read More
Many of us in the marketing services and/or agency business... Read More
A few days back I got an email telling me... Read More
It's amazing how many people are jumping into the internet... Read More
Communication is the engine that powers business.It is an important... Read More
Creating and building your home internet business does not need... Read More
Many firms underestimate the value of using their websites to... Read More
Who said marketing on the internet was easy. All the... Read More
RSS marketing is a tool used by many on the... Read More
Have you ever wondered how can you possibly figure out... Read More
Master copywriter Robert Collier often used a technique to get... Read More
Copyright 2005 Kurma GroupContent, content, content - everybody's talking about... Read More
You can magnify and expand your business if you have... Read More
Formal business planning is a process that takes that "great... Read More
Creating a network -- meaning a community of users --... Read More
I just came across this web site called PayDotCom.comAfter reviewing... Read More
I've never been much of an automobile mechanic, but about... Read More
There are many ways for you to do effective Internet... Read More
In this Article we look at the third competitive advantage... Read More
It doesn't make any difference if you're promoting your own... Read More
Question: Can you guess the cheapest way to make a... Read More
The Public has Embraced Local Search and Want to do... Read More
I'd like to let you in on a little secret... Read More
2005 is a great year for affiliate marketers, as online... Read More
Most people that I know who are, or have been... Read More
Whether you are checking your email, shopping on a website... Read More
Whenever I mention my occupation to a non-wired person, it... Read More
If not, you may be losing out on some very... Read More
Copyright 2005 Javier SalcesVisitor conversion is a challenge faced by... Read More
There are no hidden secrets on how to rank high... Read More
With the years competition online, has become fierce. Studies shows... Read More
As an online marketer, there are many tools available to... Read More
What the heck am I talking about?Let me tell you... Read More
How low can one get? The number of encounters I... Read More
Internet Marketing |