Creating an Online Business 101

Creating an Online Business 101

by Tea Time eBooks
     
 

More and more people today have become dissatisfied
with their jobs and their pension provisions. So
the interest in starting an online business has
begun to increase. Yet many who look at such a
project find it difficult to know where to start
because of the mountain of information available on
the subject.
However, during this book we… See more details below

Overview

More and more people today have become dissatisfied
with their jobs and their pension provisions. So
the interest in starting an online business has
begun to increase. Yet many who look at such a
project find it difficult to know where to start
because of the mountain of information available on
the subject.
However, during this book we will help you to wade
through the mountain of information available.
This will, in turn, help you to decide on what is
the right sort of online business for you.
One of the first things that you should bear in
mind when setting up an online business of any
sort, is that you must treat it as just that – a
business. This means that you must be prepared to
put in the time and effort in order to reap the
rewards, even if you are only starting it as a part
time venture at first.
Next, you must be prepared to invest some money
into it. You do not need to put in large amounts,
in fact, if you want, you could actually set it up
on a very low budget. Also, what you should
remember where an online business is concerned, the
running costs are very low compared to a more
traditional business.
However, the best place to begin is by picking what
you like from the existing successful online
business models already out there. So talk to
others who have already made money in the niche
that you have chosen, and then study, then
implement the steps that they took to make it the
success it is.
So now you need to think about just what sort of
business it is you like to run. Some of the more
popular types of online businesses to be found are:
selling goods at auction sites such as Ebay,
creating and then selling digital products (e-books
are a good example of this) and setting up a custom
storefront for your offline business. Also, you
may want to make downloadable audio and video
products for your customers, or you may just want
to get into affiliate marketing instead. We will
look at affiliate marketing a little further on in
this book in a little more depth.
However, if you do choose to go with Ebay, one of
the main advantages of setting up an online
business based around this is as follows:-
1. You will have immediate access to millions
of customers.
2. Plus you will have the opportunity to sell
anything from cars to collectibles (say old
sports cards).
3. Also, setting up an account on Ebay is
straightforward, and the costs relating to
auctioning items on this site are extremely
low.
However, it is important that you familiarize
yourself with the site. So take a look at the
different categories and auctions that are already
taking place. Also check out their “How to Sell”
section on the site.
For some, the thought of creating their own
products seems very daunting, but if you happen to
be an expert in a particular niche, then coming up
with ideas should not be that difficult. It is
important that you carry out some market research
to make sure that people would buy related items.
So spend some time writing down or recording any
thoughts that you may have with regard to the
subject. Then go back and edit where you need to
by putting things into a logical order. However,
if you are someone who doesn’t like writing, then
take a look at some other sites selling those same
products or similar ones and get ideas from them.
Make a note, if you can, of what is selling well
and formulate some questions that someone who is
interested in this product might ask. If you are
able to find a friend who will do an interview with
you, getting them to ask you the questions you have
produced. You can, if you want, record this
interview and the make into an audio product which
others can then download.
But if this just all seems too much, then why not
get someone else to write some books for you?
Think about hiring a ghostwriter. But this may be
something to consider when you have a bit more
money in the business account. So really, the next
best way to make money with an online business is
by selling someone else’s products as an affiliate.
As previously mentioned, we will look more closely
at affiliate marketing in another chapter of this
book.
The best way of starting an online business is to
do it in an area that you are knowledgeable or
passionate about. This will help you to focus your
attention, as well as help to create a small income
more quickly. But over a period of time, you will
soon develop new skills, and through persistence
and patience, you will soon see some very good
results appear.

Read More

Product Details

ISBN-13:
2940014050166
Publisher:
Tea Time eBooks
Publication date:
10/30/2012
Sold by:
Barnes & Noble
Format:
NOOK Book
Pages:
36
File size:
0 MB

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >