Starting an online business is neither easy and nor extremely tough. It needs hard work, dedication and a predefined fixed goal. To start an online business, first of all find a need in the market and research how to fulfill it. Create easy to use website and promote it through search engine, social media, advertisement, and content marketing. Also, invest in the branding of your business to gain trust of buyers or users. Follow up with your customers and subscribers with e-mail. Get feedback from your product buyers or service user. Increase your income through back-end sales and upselling.
Recommended online business: Multivendor ecommerce stores, which are in a high demand these days and most successful online business idea.
Determine your target audience, how you intend to reach out to them, your budget, and what kind of websites you intend to have. Make a marketing plan and stick to it.
- Source your market place, gather the knowledge of the buyers and competitors.
- Build your on-line network and be active in it.
- Learn from others, find a mentor that has a understanding of the industry.
- Be eye catching and different - find and value your USP!
- Then go for it!
1) Understand why someone would ever want to buy your product / service.
2) Understand what benefits you provide.
3) Answer from the customers position "What's in it for me"
4) Check out the competition.
5) Seek a identify your sustainable advantage.
6) Check out the market pricing and understand it's elasticity.
7) Decide if this is a market / business that you want to be in.
8) Decide if you can survive in this market.
9) Develop a business plan based around the Intel gathered.
10) Workout the answers to Where, When, Who, Why and How,
Lets just assume you know your market and you have a product or service that has the potential to really capture the need belief system of your target.
It would be fair to say that nearly every market is surrounded in noise in an online world.
So as a start,
understand what motivates your ideal customer to prick their ears and focus,
understand what forums these people are most likely to exist in
design your communication around these motivation triggers
ensure your communication reflects what you can deliver on
identify people or businesses of influence, whom can act as a recommendations, sharers, validators.
and get communicating, get networking, and deliver.
If you want to get into more detail find a dream startup navigator.
Your purpose is to offer something valuable to your customer, that is a no brainer selection and which can be validated through independence.
Before you launch any business, whether online or offline think about why you want to do what you do. Make sure you research your market, find out who your target audience is and how they communicate. As Imanuel said a blog is a great starting point for people to 'buy into' you and what you have to offer. Join social media platforms where your potential customers are 'talking' and get involved to build a rapport, not sell. One step at a time and always keep your focus on delivering a excellent service to your customer. Have fun!
Be clear who your avatar (ideal customer) is - then stop diluting your message / value by trying to be all things to all people.
And learn how to talk to him / her ..because it's a process, and tools / technologies change so will their habits, e.g. before it was MySpace, now it's Facebook..
Once you have a dialogue, identify their pain points and offer solutions your competitors haven't even thought of.
Find out the GAAP and offer them the same through ON line if your customer segment could be reached through on line.
really don't know, too many online business ... from merely blogging to a online magazine or to Saas to other Cloud solutions ... or simple web presence with outsource services.
However a quick, cheap, and simple way is to just do it in the cheapest form as possible and test the reaction of the market, than decide the next step .... "shoot" and "target" - very little loss incurred if the activities are small but huge return as you can realize how the market react.
1 Write a Business Plan
2 look at the market
3 look at your target clients
4 find out who is your competition
5 Decide which type of company is best for you (ltd, sole trader)
6 Register a domain name
7 Open a Facebook page
8 Open a Google + page
That is step 1