Blue and Grey

How to Start Your Online Business: Top 5 Questions

by AJ & Serenity Services

What do you need to start a business? Three simple things: know your product better than anyone, know your customer, and have a burning desire to succeed.Dave ThomasFounder of Wendy's

Intro

Do you think it's difficult figuring out how to start an online business?

With the right tools and know-how, almost anyone can start their own online business

This presentation will cover 5 of the most common questions about starting your own online business

1st Question: What is the first thing I must do to get started?

You have to find a good market for your product/service

Who are your ideal customers?

What is their pain/problem/predicament?

How can you solve their problems & provide them solutions better than the competition?

After you understand your target market, you'll be on the right track to success!

2nd Question: Do I have to have my own product/service to start an online business?

The short answer is no

If you already own a small business offline (such as a shop, contracting service, etc.), then you could use a website to serve as your 24/7 salesperson

If you have no product/service at all, then you could sell other people's products/services as an affiliate

This gets into the topic of affiliate marketing . . .

3rd Question: What is affiliate marketing, and how does this differ from network marketing?

Affiliate marketing refers to promoting and selling other people's products/services for a commission

Network marketing refers to a business system where a company relies on individuals to not only sell their products/services, but also to recruit others to sell their products/services

Network marketing opportunities often require an upfront investment of some sort, and you are often expected to sell both the product/service AND the business opportunity

On the other hand, it's free most of the time to become an affiliate for another company you're basically a commission only salesperson (if you don't make any affiliate sales, then you don't make money)

4th Question: What is the difference between using a free website and one that I have to pay for?

Free website services often limit you in the templates or services you can use

Some of them won't let you conduct any business or ecommerce on them

With a paid website, you have your own domain name (yourwebsite.com)

It's like owning your own piece of online real estate you can do almost whatever you want and put whatever you want on your own website

Having your own website also gives you a more professional appearance (it shows that you mean business)

5th Question: What else can I do to ensure my online success?

Be willing and ready to invest in your online success (such as registering your own domain name, establishing your own hosting account, etc.)

Keep the long term in mind; you might be disappointed if you expect immediate success

Keep learning and growing; things are constantly changing on the Internet (especially with SEO)

Above all, take consistent action plan your work, then work your plan

Conclusion

Now you have answers to 5 of the most common questions with how to start your online business

If you don't already have your own product/service, then affiliate marketing might be a good method for making money online

In order to ensure maximum success, you'll want to invest in your own website along with other aspects of your online business (such as time and effort)

Want to find out more about online business success?

Be sure you take advantage of . . .

Free 7 part e-course How to Start an Online Business & Keep it Going

Do you feel lost or confused when it comes to setting up your online business?

Want to get an edge over your competition and have a better foundation than most other entrepreneurs when it comes to online success?

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