There are so many factors to consider when starting your online business. So many people jump in without thinking things through. Here are some tips on what you should and should not do.
First there is no get rich quick scheme. No matter what you read or hear, acquiring wealth takes hard work. We see many advertisements to purchase this or that, promising that within a certain amount of time you will be making thousands of dollars. Of course the fine print tells you that they make no warranties. Remember what you were told growing up that the best things in life don’t come easy.
Second you need to pick a good niche. Focus on one area. Do your homework. Find something you are interested in and know something about. Then focus on it. Don’t wobble around!
Thirdly you need to find the right products. Make sure there is a demand for it. Check the search engines for your niche and target in on the products specifically. Also you need to check forums, marketplaces, blogs, and social marketing places.
Fourthly you need to be aware of prices. Know the prices of products. Always research what the competition is selling regarding the same or similar products. See if you can beat their price, without hurting your bottom line. Or can you add something to your product? There are alternatives such as reports or bundling it with another product.
Fifthly you need to design a great website. Some people think that you need a flashy site. This is not necessary and can distract your customers. It is not that difficult to design a website yourself with some basic knowledge. Sit down and think about how you want you site to look. Work on your wording and pictures that you will add. See my site for great products to do this.
Sixth is to build relationships. This is one of the most important things to do. They are the cornerstone of your business. Take the time to nurture your relationship. Show them what you know and have to offer. Don’t try to hard sell them!
Seventh is what too many people do too soon and that is to call it quits. Seeing a profit in this business takes time. It does not happen overnight, this process take persistence. The average internet business takes six to twelve months to see a profit.
First there is no get rich quick scheme. No matter what you read or hear, acquiring wealth takes hard work. We see many advertisements to purchase this or that, promising that within a certain amount of time you will be making thousands of dollars. Of course the fine print tells you that they make no warranties. Remember what you were told growing up that the best things in life don’t come easy.
Second you need to pick a good niche. Focus on one area. Do your homework. Find something you are interested in and know something about. Then focus on it. Don’t wobble around!
Thirdly you need to find the right products. Make sure there is a demand for it. Check the search engines for your niche and target in on the products specifically. Also you need to check forums, marketplaces, blogs, and social marketing places.
Fourthly you need to be aware of prices. Know the prices of products. Always research what the competition is selling regarding the same or similar products. See if you can beat their price, without hurting your bottom line. Or can you add something to your product? There are alternatives such as reports or bundling it with another product.
Fifthly you need to design a great website. Some people think that you need a flashy site. This is not necessary and can distract your customers. It is not that difficult to design a website yourself with some basic knowledge. Sit down and think about how you want you site to look. Work on your wording and pictures that you will add. See my site for great products to do this.
Sixth is to build relationships. This is one of the most important things to do. They are the cornerstone of your business. Take the time to nurture your relationship. Show them what you know and have to offer. Don’t try to hard sell them!
Seventh is what too many people do too soon and that is to call it quits. Seeing a profit in this business takes time. It does not happen overnight, this process take persistence. The average internet business takes six to twelve months to see a profit.
Author:
Sandi Baker
http://shop.letusgetitdone.info
About the Author:
I have been in the Marketing Business for 20 years. I hold a Degree in Business Management and Administration, Series VII License, and Taxation Certification. I am the Co-Founder and Chief Financial Officer of a non profit Foundation to aid the Visually Impaired.
My team and I have developed a website to aid those in building and growing a better website. We offer free courses and great products.
http://letusgetitdone.info
http://shop.letusgetitdone.info
Technorati Tags:business, internet marketing, marketing, how to, web, e commerce
Generated By Technorati Tag Generator
