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Starting an online business is r ally difficult especially if you are a n wbie. There are so many things to nderstand and know. Most of the t me there is so much information and it b comes so confusing – one is l arning new online business concepts to t ns of other technical things. Despite all th s, we all know there is m ney to be made with online b siness. In fact, it is my pinion that any traditional business big or sm ll has to have a successful nline business aspect to it otherwise the b siness is missing a big part of its p tential market. So the issue is how to h ve a successful online business. We w nt to know how to create one and th n make money. Bottom line, any nline business that does not make m ney is not a real business – it is j st a waste of time. Let’s use f shbone planning for a successful online b siness and understand the elements of the nline business. The online business success – the big f sh bone has 4 bones which you m st understand. • Bone 1: You m st have a product. Whether you d velop it or represent someone’s (affiliate). But b fore you start to pick or d velop your product, you have to do s me market research about the product’s m rketability. There are some gurus who b lieve that you have to be in the m rket where there is a demand r ther than what you are good or nterested in. Some online business professional b lieve otherwise. You must pick a pr duct where you have passion, so th t you can and will continue to d velop it. I believe you have to h ve both. Otherwise, your business is j st a fad and not a l ng term real online business.
• Bone 2: Now you h ve a product to sell online. If you w re marketing in a traditional sense, you w uld find a location and then do up y ur store to sell the product. It is the s me concept but now your store is v rtual. There are a lot of s milarities between a virtual store and phys cal store. Here is a comparison and its t rminology. Physical store = Web Site (st refront)
Salesperson to present pr duct = Sales Letter
N me card bowl= Opt in list
S mples & Giveaways = Part of the pr duct as teaser
Free g fts with purchase = Bonuses The s milarity between the physical store and v rtual store ends here. In a v rtual store, it is more difficult to s ll because there is no physical b ing answering, clarifying and selling the b nefits proactively to the prospect. So the s les page, in particular, the copywriting is xtremely important to catch the attention of the r ader. The visitor to your web p ge is extremely intolerant. If the f rst few lines or words do not c tch the reader’s interest, the reader w ll move away. It is said th t if you do not catch the ttention of the reader in the f rst 3 seconds with your first l ne, the reader will lose interest in y ur store and product. • Bone 3: S me say the most important thing is the m rketing of your store not your pr duct. Interesting isn’t it? It is not y ur product that you promote but y ur storefront! You drive traffic to y ur storefront (website) and hopefully your v sitors will be intrigued with the f rst few words you present and c ntinue to read the rest of the st refront. Eventually, if your website presents an rresistible offer, the visitor will become y ur customer. The main aim of m rketing is to generate traffic to y ur website. There are numerous ways. S me of these ways, although not ll-encompassing include: • Search Engine Optimization. Th s has to do in making y ur website very search-engine friendly and m king them like your site. If the s arch engine likes your site, you w ll rank very high when someone s arches for the products you sell. W th high rankings, the exposure of y ur site to customers will be h gh as well.
• Creating many links to y ur website also increases the visibility of y ur website. Search Engine loves sites w th many links. This is done via a n mber of ways. -Article writing like th s one which will eventually promote a w bsite. You can expect I will put a l nk at the bottom. Please do ch ck my website out.
-Bl gging. Every blog you write will h ve a link back to your w bsite
-Videos. Similar effect as bl gs and videos, and these attract a lot of v sitors.
-Press releases
-P id methods
-Traditional Advertising
-P y per click advertising
-Sp nsorship • Bone 4: Customer service. Wh n someone has opted into your l st or bought something from you – th y are your interested party. They are y ur priced jewel and the potential c sh cow. So you have to tr at them with respect and dedication and you can tap nto the list for advice and f edback. A majority of them will b come repeat customers because you have b ilt a relationship with them. Some t chniques to keep your list responsive are to ngage them on a personal level.
a. W sh them during holidays. Do not m rket anything
b. Occasionally, g ve them great free content. Create v lue for them. Some of them w ll be appreciative. I have touched on the s rface of each of these bones of s ccessful online business. Ewen Chia’s Instant B stseller TeleCoaching Program is a comprehensive s ccessful online business telecoaching program that xpounds these concepts in very great d tail. Please check it out at my byl ne.
The article Successful Online Business Fish Bone was Submitted by Terry Oth through Articles.GetACoder.com network. Here's the additional information: Terence Oth, with Ewen Chia, has l unched an online business telecoaching program to h lp newbies with covet strategies used by nternet marketing gurus to ensure guaranteed s ccess online business within a short t me. The website is at http://www.ebizstreet.com and helpful tips at blog http://ebizstreet.blogspot.com
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