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9 Steps to Start an Online Business 2023

When starting an online business, there are certain steps you should follow to achieve success. There is a need to do due diligence the same way you would for a brick-and-mortar business.

The internet gives everyone an opportunity. It is easier to start an online business than an offline business. However, this does not mean you simply jump in and invest your money.

The following are 9 steps to follow when starting an online business.

Find a Business Idea

This might seem too obvious. However, studies have revealed that many potential entrepreneurs skip this step. They start with website creation and branding without having a solid business idea.

These are some questions you should ask yourself when coming up with a business idea:

Is there a need for this product or service?

What is your motivation behind this?

What problem does your business solve?

Can you leverage your strengths in this business?

These questions will help you determine whether your business will be successful. Remember you are on a mission and you need passion to push you forward.

Determine Market Viability

You need to have a solid understanding of your target market. Start by thinking about the people you serve and the value you offer.

If you are part of the target audience, then it can be easier for you.

For instance, if you have been hiking, you understand the challenges, desires, and problems you face. It would be easier for you to sell hiking products online. Also, you can easily communicate with other hikers.

Create a Business Plan

After determining the business idea and market gap, you should start developing a business plan. The business plan will help you seek funding and forecast your financials. You might need to revisit and revise it as your business grows.

A business plan will help you spot potential challenges down the road. In addition, it will help you plan for profitability and future growth.

An effective plan helps you clarify your objectives, identify the market gap, and in making decisions. It can mean the difference between a successful business and failure.

Build Your Website

Now you need to build your business website. Your website design does not have to be completed. Instead, make it simple and easy to navigate.

The website is your first point of contact with the customer. Therefore, it needs to grab the attention of the visitor. Avoid using too many graphics, videos, and audio. Use them only when it is necessary.

You can also hire website design and development companies. Outsourcing website creation has its share of benefits.

Make sure you write a copy that sells. High-quality content helps you build authority.

Analyze Your Competition

No matter your niche, you are not alone. Even if your product is unique, there are substitute products that can serve the same purpose.

Competitive analysis is important as it helps you to know your competitors and the strategies they use. Also, you can identify resources available at your disposal.

Drive Traffic

There are many ways you can drive traffic to your brand-new website. For instance, you can invest in PPC advertising.

PPC ads are instant and you can test multiple keywords, prices, selling approaches, and headlines. Other than getting immediate traffic, you can discover best performing keywords. You can then use these keywords in your website copy. This will boost your rankings in search engine results.

In the long term, you should invest in search engine optimization. This will help your site rank higher in search engine results organically.

You can also drive traffic from social media networks, such as Facebook, Twitter, LinkedIn, and Instagram.

Build Authority

People search for information online. If you can provide the information for free, you will acquire more traffic and boost your search engine rankings.

The idea here is to create high-quality content and build backlinks. Create videos, articles, and infographics that your visitors find useful. You can then share this content on social media pages and article directories.

Ideally, you need to become an expert in your niche.

Invest in Email Marketing

During website creation, you need to build an opt-in list. The list is an important asset for your online business. This is because it permits you to send emails and newsletters to your subscribers and customers.

With email marketing, you can develop lifetime relationships with customers and offer them whatever they need. Also, you can easily measure the performance of your email marketing efforts.

Unlike other marketing methods, email marketing is cheaper.

Try Upselling

Upselling is an important online marketing strategy that can improve your revenue. Use it to encourage your customers to buy from you again.

Make sure you offer products or services that complement their purchase. Another option is to offer related products and send coupons periodically.

When you reward your loyal customers, you are likely to keep them for a lifetime.

Relevant Video:

12 Social Media Marketing Mistakes To Avoid 2023

Social media marketing offers a huge potential to businesses when it is done right. It can help you grow your brand, improve your revenue, and grow your customer base.

However, if you are making certain social media mistakes, then your efforts can be futile. These are the 12 social media mistakes to avoid.

Dismissing Social Media Marketing

Some marketers believe social media is not effective for their industry or demographic. This is attributed to the misconception that social media is only for tech-savvy teenagers. Unfortunately, that is not the case.

Social media is now being used by all classes of people. If you have an effective social media marketing strategy, you can beat your competition hands down.

Not Having a Plan

No matter what you are doing, without a plan, you are likely to fail. This is also the case with social media marketing. Many marketers fall into this trap.

You need to approach social media the same way you do planning for other product promotional campaigns. Make sure there are specific goals, a budget, and a solid plan. The plan will outline what you want to achieve.

Failure to Network

Social media is not only about sharing posts. Having thousands of followers who are not your target market will have no impact on your results.

Instead, you should attract and engage people who have the same interests and views as yours. This will help you build and expand your network. In this way, you can increase the exposure of your content to millions of people.

Opening Too Many Accounts

Many marketers make the mistake of opening too many accounts on every social media network. Managing these accounts requires a lot of resources. It stretches the marketing budget and produces little results.

If you have a small budget, you should focus on the top social media platforms, such as Facebook, LinkedIn, and Twitter. It is advisable to allocate more resources to the social network with promising results.

Using Irrelevant Hashtags

Before you use hashtags, make sure they are relevant to your brand. Using hashtags will increase the exposure of your content. However, you should only use hashtags your audience is following.

When creating content, make sure you research hashtags. This will ensure the content you produce is relevant.

Being Too Promotional

Customers are easily turned off by overly promotional marketing campaigns. Although you need to highlight your services and products, you should find a balance between value and promotional content.

It is advisable to build online relationships with your audience. As a result, you will engage them more.

Using Low-Quality Visuals

Studies have shown that customers move past social media posts with low-quality images or videos. Remember you have a few seconds to catch the attention of the target audience. Thus, you cannot afford to post bad visuals.

Graphics, images, and videos ought to be part of your strategy. Consider hiring an expert who specializes in creating visual content.

Not Responding to Customers

Recent studies have shown that customers are likely to buy your products if you respond to their questions on social media. Also, you are likely to build loyalty and some customers can share their positive experiences on their profiles.

You should make it imperative to respond to questions faster. As you know, customers are naturally impatient. If you delay answering them, they can lose confidence in your brand. You can use social monitoring tools to know when people have asked questions about your brand.

Not Tracking Your Performance

The good thing about social media marketing is that you can track your performance. When you track your results, you can make appropriate strategic changes in your target audience and campaigns.

For instance, if there is a non-performing ad, you can stop it. This will save you the money you can spend on other performing ads.

Remember it takes time and a lot of testing to get the desired results. Therefore, keep tracking and optimizing your social media campaigns.

Treating All Social Media Networks as Same

This is another social media marketing mistake to avoid. A lot of businesses post the same content on all their social platforms. Ideally, they copy-paste the same content.

Each social media network is unique in several ways. Also, they vary in terms of marketing tools, features, behaviors, interests, and demographics. You should take into account your marketing strategies and updates for social media networks.

Buying Followers

Buying social media followers is not even a mistake, it is a sin. Many brands have been caught buying followers or participating in exchange programs. Unfortunately, this does not bring any meaningful results. It only soothes the brand’s ego. Some brands have been banned forever for engaging in this activity. 

Relevant Video:

Poker Games – Working Online at Home 2023

Britain is attempting to catch up with the rest of Europe in terms of providing its employees with the opportunity of working from home. It is one of the least flexible countries in the EU when it comes to allowing its workforce the opportunity to telework. But will this provide the opportunity for staff to play online games like poker or casino?

Only 20% of UK employees are given the opportunity to work from home, compared to countries like Denmark and Germany which have twice the numbers of people working from home.

However, this is likely to change dramatically in the near future, as many large organisations are putting plans together to ensure more and more employees are enticed to work from home. Companies like HSBC, Britain’s largest bank, threw its weight behind a program to remove 4000 of its London based staff from the group’s Canary Wharf building and get them working from home. Its latest challenge is to have around 50% of its headquarters empty in order to sub-let to someone else. It suggests the advances in technology should provide more of an opportunity for its staff in making the choice to come in to the office or work from home.

A report of the Chamber of Commerce last April showed that 38% of businesses offered staff the opportunity to work from home. A survey of its members suggested that 75% were engaged in providing some form of home work. One similar survey conducted by Peninsula, an employment law firm, suggested that 91% of workers polled, said they would love to work from home.

But how does working from home affect people’s work rate, and will it lead to abuse of company time. Will people, who are not being managed during office hours, use company time to go online and spend time looking at poker sites and other online gambling sites? Certainly in the office there are ways to block access to specific websites. However, working from home will provide less of an opportunity to prevent people from visiting online poker sites.

While it is estimated that home workers are 20% more productive and that absenteeism is down 63% for staff who work from home, it cannot be ignored that employees may utilise company laptops and company time to play online poker. Indeed jobs that do not require constant involvement, perhaps business development or customer services, where phone work or computer time may be sporadic, will offer gaps during the day which allow people to view the internet for brief moments, or perhaps keep an online poker game running in the background.

There are dangers in allowing more people to work from home. The social interaction that is gained at work disappears. Some people can become distant and feel isolated from the organisations they work for if they work continuously work at home. Surely this is another reason to believe that workers will search for other forms of communication during home office spells.

Work at home play online poker

Work at home play online poker?

Online poker games provide a further level of social interaction which can fill that gap. Chat rooms and interactive gambling games provide players with the opportunity to meet and greet people while having fun attempting to win money online.

So while we would all love to work from home it seems, it cannot be ignored that there is potential for isolation that will only lead to the search for improved social communication and perhaps an increase in the desire to play poker games online.

No Fee Work at Home Job 2023

There are many no fee work at home job opportunities available for you out there. There are also many scams. So how do you pick through the rubble and choose the legitimate no fee work at home job?

Being careful is a given. You should always be careful when you’re planning a home-based career, especially if that career depends primarily on the Internet. One of the downsides of technology is that con artists now have it easier cheating honest, hard-working people out of their money with their “instant wealth”, “get-rich-quick” scams. So, if you’re looking to earn money with a no fee work at home job, it is important that you keep your eyes open to these fraudulent claims.

Employers shouldn’t be charging you any fees

Employers shouldn’t be charging you any fees

One thing you should watch out for are the fees involved. Legitimate work at home schemes should have no fees. After all, they’re the employers so they shouldn’t be charging you any fees. You will be working for them; they should be the ones who will be paying you money. An important reminder is that if it sounds too good to be true, then it probably is.

Here are a few examples of no fee work at home jobs which you will most likely find in your search for legitimate jobs on the Internet. Also included are some tips on how to watch for telltale signs of scams. Note that these are only a few of the no fee work at home job opportunities. There are dozens more available out there. You only need to know where to look in order to find them.

No Fee Work at Home Job: Paid Online Surveys

Perhaps one of the easiest no fee work at home jobs out there, paid online surveys are very common nowadays. Several survey sites on the web are willing to pay you a certain amount of money to answer poll questions or fill up survey forms. This no fee work at home job is easy and it is a good way to earn a little extra cash. However, don’t expect to get rich by answering paid surveys. These companies might value your honest opinions but the money is modest and capitalizing on them would only serve as sheer foolhardiness.

No Fee Work at Home Job: Paid Online Surveys

No Fee Work at Home Job: Paid Online Surveys

No Fee Work at Home Job: Phone Acting

Here’s another lucrative, if a bit unusual, no fee work at home job scheme. Despite its somewhat suspect name, astonishingly enough, it is not a scam. Phone acting does not require a fee either. However, before you jump at this no fee work at home job, take pains to do a little research first. You might be surprised to find that you are required to do a little more acting than you’re willing to give.

No Fee Work at Home Job: Mail Order Business

Sending mails, stuffing envelopes, direct mail services – These are only some of the names which mail order no fee work at home jobs are known. They are also the commonest no fee work at home jobs you’ll find. Dozens of adverts tout claims of instant wealth and fast cash with this job and some of them are even legitimate. However, among the many work at home opportunities out there, this is one of the most susceptible to scams.

Membership Sites Today 2023

The topics for successful member only websites are as varied today as … short people, tall people, buying websites, unusual business ideas, selling stocks, paint ball, 2nd wives clubs, financial, dating, fitness, marketing and countless mentoring and coaching sites on almost every topic imaginable and probably a few you can’t imagine or wouldn’t want to imagine.

It takes some work and certainly the right tools to set up a members-only website but the rewards (monetary as well as personal satisfaction) can be huge. Whatever you are passionately interested in or very adept at can be the topic of a members-only website today.

One of the first types of membership sites on the Internet was the online dating site. In the beginning, they were mostly populated with nerds, weirdoes and perverts but as the Internet matured the sites became popular among people from all walks of life. They have even progressed so far as to offer pre-screening of members. Most porn sites are membership only sites.

There are membership sites today that cover just about every area of human interests. Some offer informational or teaching material that is only able to be accessed by site members. Some membership sites are able to be viewed by non members but non-members are not allowed to participate in the activities or post to the message boards on the site. Sites that provide information to find work-at-home jobs, for example, can see the listing of jobs but cannot apply for the jobs unless they are members of the membership site.

membership sites

Membership sites cover just about every area of human interests.

There are membership sites that provide instruction is such things as how to play a guitar. The lessons are accessible only to members of the site, although those who are not members can view what subjects are being taught in the lessons.

Membership sites usually accept payment for membership fees by credit card or by personal check.

Product Based Business 2023

When you sell a product it’s usually a tangible item but with the advent of the Internet and digital products the lines are being blurred.

Today, you can offer digital products, courses, books, blogs, videos and information as your product as well as products you can touch like jewelry, art, and so forth.

Product Based Business

Product Based Business Questions

Don’t get tied up in thinking you must create the products.

You can become an affiliate or reseller for the right products.

Once you’ve chosen your audience, and your niche within that audience and whether or not you’ll have a product or service based business (or both) you’ll have some other things to work out too.

Ask yourself the following questions.

How Much Startup Cash Do You Have?

Do You Like Being Upfront or Behind the Scenes?

How Much Time Do You Have to Devote?

Work at Home Jobs 2023

There are also companies that hire people to work from home.

You can work as a transcriptionist, inbound sales person and more all from the comfort of your home.

Some legitimate work from home jobs are through the following companies.

Alorica Work at Home

  • Work from home in many different types of customer care positions.
  • In this company you get paid for training, and can qualify for many different benefits.
  • This call center company has been around for a long time and is totally legitimate.

Consentrix

  • You can be a home agent with them.
  • All you need is the right computer set up and be in one of the locations that they hire from.
  • Joining a team will help you balance home and work life in a way you may not have thought of before.

SYKES Work at Home

  • Become a customer care agent.
  • They hire in the USA and Canada.
  • Most of the positions are full time too.
  • You can apply, take the test, get interviewed and you can do it.

TeleTech Work from Home

  • Customer support from home in your slippers, what could be better?
  • It’s hard to get into this company so keep an eye out for openings that you qualify for.

Work At Home Mom Jobs

Work At Home Mom Jobs

These types of jobs can sometimes be as actual employees or independent contractors, but either way they are on more of a schedule working for one company using their software and their techniques.

It’s important to understand that these companies offer a little bit of a different set up than having your own business but they are a legitimate way to become a work at home mom.

10 Insidious Traps That Waste Online Entrepreneurs’ Time 2023

As an online entrepreneur, you have to be wary of insidious traps that waste your time. These traps can rob you of your energy, focus, and time if you allow them. You need to know they exist, block them, and stay alert.

These are 10 insidious traps that waste online entrepreneurs’ time and how to deal with them.

Email

Many online entrepreneurs waste a lot of time reading and responding to emails. You might be surprised to learn that you spend about 2 hours daily on email.

It is advisable to limit the amount of time you spend on email. Set aside a few minutes to check your email and respond to your emails.

Web Surfing

There are times you are searching for important things only to end up surfing the web. This is especially the case when you open your social media accounts.

Make sure you track your time online. You cannot know you have a problem unless you measure it. After knowing the extent of online surfing, you should take steps to limit it.

Only surf the web when looking for important information. Avoid stopping by to check social media updates. Ensure your social media accounts are logged out always.

Meetings

Research has shown that online entrepreneurs spend most of their time on meetings. Some meetings are a must. However, you should ensure they are short.

Understand when a meeting is necessary and when it is time-wasting.

Although it is necessary to get status updates, getting them through email is better than scheduling a meeting. Schedule for a meeting if only there is confusion.

When you call a meeting, make sure you send the agenda in advance. This ensures everyone is aware of what is required and all involved persons can prepare.

Perfectionism

The work looks good, but it can be made better. Why not change the font? This is what is called perfectionism. You should avoid it at all costs.

The truth is that nearly everything can be improved by doing some tweaks. If you believe the task you were doing is nearly complete, you can set it aside and have a look after a day or later.

Not Delegating

Some online entrepreneurs like the DIY route. Although you are your own boss, it does not mean everything should be done by you. For instance, you want to be the writer, editor, designer, and SEO expert.

If you find you are not good at something, you need to learn how to do it. Unfortunately, this will end up taking a lot of your time.

Learn to delegate some tasks. This will free up a lot of your time. Determine some of the tasks that can be done by your employees and assign them with deadlines. Some tasks like accounting can be done by online systems, such as QuickBooks.

Constantly Looking for New Processes and Vendors

Sometimes you feel you are not getting the best services and prices. It is a good idea to carry out a periodic audit to find vendors that can offer better terms. Also, you might need to consolidate services with a single provider. This will make it easier to manage your bills and relationships.

Unfortunately, new processes come with a learning curve. Thus, you should not just try something new just because you need change.

Instead of wasting time looking for new processes and vendors, hire someone to do the legwork for you.

Being Disorganized

Very few people are natural organizers. Studies have shown that online entrepreneurs waste a lot of time because they are not organized.

Most people have not learned organizational skills that can help them deal with increasing demands and workloads.

Make sure you are always organized. This will reduce the amount of time you spend searching for missing documents.

Not Taking Breaks

It is a fact that you cannot concentrate for over 90 minutes without taking a break. Most online entrepreneurs are known to work for long hours without taking a break. Unfortunately, you will end up spending extra time on tasks.

For you to stay productive and focused, you should take routine breaks. This will ensure you are always refreshed and with renewed energy to tackle your tasks. Also, this will protect you against burnout.

Procrastinating

Procrastinating is a time sucker. When left unattended, it becomes a vicious cycle that can leave you unproductive and demotivated.

You can avoid procrastination by breaking your working time into small manageable chunks. Try to do your most unenjoyable tasks in the morning.

Multitasking

Doing multiple things at the same time is counterproductive. Studies have shown that multitasking makes you less productive. This is because you need to switch between tasks instead of focusing on a single task at a time. Also, it can harm your brain.

Relevant Video:

Work at Home Mom Opportunity 2023

Work at home moms are quickly gaining access to opportunity out there which are just ripe for the picking. To be sure, home-based opportunity such as running your own business or selling something through affiliate programs are becoming a national trend – a fact which may have been brought on due to the immense popularity of the Internet.

But despite the huge number of work at home moms who prefer the opportunity of working from home to spending 40 hours per week at a desk on site at a given company, the demand for these kinds of jobs is still quite high. In fact, it seems that work at home moms who are taking advantage of this rare opportunity are still quite short supply. It might also be due to the fact that a home-based opportunity may not always mean a consistent paycheck and that job searches for work at home careers may not always be successful. In addition, work at home moms face the possibility of having to work outside of the home since this kind of opportunity does not guarantee that you’ll be working from home a hundred percent of the time.

Some On Site Time

Generally speaking, a work at home opportunity nearly always require work at home moms to work “on site.” Let’s say that you’re a work at home mom and you decide to take the opportunity of having your own Direct Mail Services. Chances are, you’d most likely find yourself driving around your city looking for small businesses who would like to take you up on the service that you’re offering. Such is the case with work at home moms who want to take advantage of this opportunity.

Freelancing

Another way for a work at home mom to get the opportunity to earn money on the side is through freelancing. Freelancing can fall somewhere between a home-based business and a telecommuting job. With an opportunity such as freelancing, you, as a work at home mom, get the flexibility that a business owner is afforded. However with freelancing, instead of marketing a product, you are in essence marketing your skills.

freelancing - marketing your skills

Freelancing – marketing your skills

As a rule of thumb, freelancing requires that you have a highly developed skill which is marketable and considered valuable to other companies. Big and small companies may want someone from the outside to handle a specific project for them – something which requires a skill that none of their regular employers have. One fine example of a freelancing opportunity for a work at home mom is website design or web programming.