Download - How to Start a Business Online
Having an Online Presence Offers:
GLOBAL REACH
GREATER VISIBILITY
LITTLE OPERATIONAL COSTS
HOW MUCH DOES IT COST TO START AN ONLINE BUSINESS?
There is no fixed cost
The amount of money you spend will entirely depend on factors such as:
Business goals and objectives
The type of product or service you are looking to sell
The size of your business
Other Cost FactorsDesigning and creating your website
E-commerce store
Cost of setting up a payment structure
HOW MANY TYPES OF ONLINE BUSINESSES ARE THERE?
AFFILIATE MARKETING INFORMATIONAL
MARKETING
SELLING INFORMATIONAL PRODUCTS ECOMMERCE SITES
It entails selling other people’s products to earn a commission from every sale
The key here is to provide information that is highly sought after by a significant niche that is looking to purchase related products
It entails selling mainly ebooks and courses that show people how to do something
This would require you to establish an online store and then ship products to customers who make orders
HOW MUCH TIME DOES IT TAKE TO BUILD AN ONLINE BUSINESS AND MAKE MONEY?
The length of time it will take depends on the type of online business you choose to pursue and the logistics.
It will also depend on the type of product you sell, the demand for the product and most of all, your ability to sell the product
DO I NEED TO BUY A BUNCH OF STUFF?
This too depends on the type of business:
Affiliate Marketer - You don't need to buy anything. The Merchant will provide you with everything
E-commerce Store – You need to buy the products or dropship them
Own Website – You need to buy a domain, hosting (minimal fees)
DO I NEED TO BE A COMPUTER EXPERT?
No, but you need basic skills such as:
Engaging an audience on social media and blogging platforms
Writing great content and maintaining a blog
Basic knowledge of using website editors
WHAT SHOULD I INCLUDE IN MY BUSINESS PLAN?
Your Business Plan should include: The objectives of your online business Your target audience An analysis of your niche market Start up costs Metrics you will use to measure success Website layout Shipping and payment infrastructure
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Gabriela TaylorI coach, mentor and teach like-minded entrepreneurs worldwide to become the BEST version of themselves and make the most of their TIME, MONEY, ENERGY and INNATE TALENTS.
VISIT GabrielaTaylor.com
