Home Business Ideas – How to Build Your Own Online Business

Because of the recent poor economical climate through out the globe millions of people are thinking really hard about starting their own profitable online business. If you find your self to be one of those individuals, then this article may be of great interest to you.Many people want to start a online business but have no idea where to start, what it’s about, or what they will need to get their business up and running. Finding the right information and instruction is not always a easy task. I intend to at least point you in the right direction with the information in this article.First let me say that there is no reason for anyone to start out with the idea that there will be no hard work involved when starting your business online. I want you to accept the fact that there are no easy fixes, no get rich quick solutions, and no magic potions for your success. It’s just the opposite, you should prepare yourself to be willing to learn to make some changes as well as sacrifices in your life if you want to truly be successful online.Even though there are no strict online business building methods that are written in stone on how to start your online business you will do well to begin by first:• Finding, then making up your mind on exactly what it is you want to do! You will need to discover what it is that you are interested in doing, what your marketable strengths are. You will also want to take into account is this interest something that others will want to know about, is your interest marketable? Will it have value to others? You will be able to get some ideas about this by doing some internet research on your chosen interest to see if other people are showing an interest. I suggest that you start by using free online keyword search tools such as, Freewords.wordtracker.com, adwords.google.com/select/KeywordToolExternal, keyworddiscovery.com/search.html, wordstream.com/keywords these are just a few of the online resources that are available that you can use to help determine the popularity of your chosen online business idea or niche.If you can’t come up with any ideas for a product or service to base your online business on, don’t despair there is a excellent alternative. There is the great option for you to promote and sell other peoples products or services. This is called affiliate marketing, it is a very popular method of having your own business online with out having to develop the product, service or promotional tools related to selling your own products or service online. Many successful internet marketers started out this way, because it can generate a great income they continue to incorporate affiliate marketing into their own business.Because affiliate marketing is an extensive subject all on it’s own and deserves it own article, I will be directing this article more towards starting your business with your own product or service. Even though many of the methods are easily interchangeable.• Next you will want to make a physical map or index of the things that you need to accomplish. Get a pen and paper and write down simple tasks or goals that you will want to complete in reasonable time limits. For example you will want to have a great website for your business so write down the steps that you plan to take to get it up and operational. for instance:1. Write down what you may want your website to look like2. How many web pages will you want or need?3. What kind of information will you show on your website to show your visitors that you are proficient in your online business field or niche.4. Will you create your own website? Or will you spend a fee to have a professional do it for you?5. Get yourself a domain name.6. Find a web hosting service that fits your needs to put your business website.7. Set up your domain name.8. Upload your website to your web host. When you have your completed list, you should have a clear map as to how you will go about getting your website up and running. It would be a good idea to then put this information in your computer so that you will have a permanent record of this valuable information.• Now that your website is uploaded to your web host and running you will want to begin to find ways to get targeted traffic to that site so that your potential customers can view you great offers or what you have to say about your chosen niche.It is a good idea to first start by beginning to build a list of potential customers that will be interested in purchasing your chosen product or service. You can do this by finding a good reliable autoresponder service that will automate the filing and tracking of all the website visitors that choose to give their names and email addresses or opt in to a special offer you will set up for them at your website.A simple web form that has boxes where the visitor can leave his or her name and email address can be easily created by you at your autoresponder service website for use on your web site. This makes it easy for people who visit your site to help you automatically build your all important opt in or email list.Because website traffic to your site is crucial for your online business success, you will also want to get website traffic in other ways. You can get free traffic by means of putting your website on the major search engines such as Google, Yahoo, and MSN, just to mention a few.Remember the truth about getting the best traffic to your website will be a combination of methods, article submission, having a lot of incoming links to your website are a few.So don’ just rely on one way to accomplish this vital operation.• Once you have interested visitors regularly coming to your website, you will want to have interesting and valuable information there describing the benefits of your online businesses products or service. From your attention grabbing headline to the main content on your site you will want to be laying the grounds for your visitors to make a purchase of your product or service.It will be the benefits that your product or service provides that will make your customers life easier or solve a specific need that will sell your product. Make sure to elaborate on the benefits more so than the features of the product. Although the features of the product may have some importance the benefits outweigh them in the minds of the customer.Learning this very important art or science, what ever you choose to call it, is vital to starting your online business in a positive direction. There is all kinds of information online to help you master this task. keep in mind that practice makes perfect, so do try your hand at writing your own sales copy as much as possible to make it easier for you to recognize when you have done it correctly.• A outstanding method that all internet marketers who have built their own successful online business used to get that success have learned that by providing your opt in list with top quality free information on the subject of your chosen niche will build a great re pore, relationship, and loyalty from those of your customers that join in. It also shows them that you know what you are talking about, proving you to be a reliable source of helpful instruction and information. Believe me having the reputation as an expert in your niche goes a long way to building a profitable online business.• Make sure that your chosen product, niche, service, of your online business will fulfill a need, solves a problem or answers a question that your potential customer may have. Find out what it is that your visitor wants and then provide it to them.• You are now receiving visitors to your website that are anxious to buy your products or services, now you will need a way to get paid or collect the purchase price for them. How do you set up this part of your online business? you will be happy to find that this is just a simple task of finding the right payment gateway for your online business. Their are many online payment services that you can use to do your online billing and payment collections. Some of them are free of charge depending what level of service you want to use. Some will charge a small fee to be figured out by a percentage of the total cost of the product or service or the number of transactions that your business does in a certain time cycle. Some of the better known free online payment processing services are, (PayPal.com, 2checkout.com, Authorize.net, and Merchantexpress.com).Always use your autoresponder to send follow up email to make sure that your customer is satisfied after the sale. Show them that you take a interest in what they think of your product, service or business..• The last but not less important of building your own online business that I will say a little about today is you will want to have a great online customer service department. This is extremely important. Why? Because it is a fact that all businesses will have a customer that for any reason will need to get some kind of help from you. It could be the product was defective, it could be the wrong product delivered, it could be that they need more instruction on how to use your products correctly or to find out more about it. whatever the reason you will want to have a quick and efficient way of resolving any given problem.Just starting out you may want to handle all of your customer help request or tickets by your self with the help of a easy to install helpdesk software that keeps all inquiries in easy to manage format. As your internet business begins to grow this may prove to be a time consuming, overwhelming and tedious task, in that instance you may choose to outsource your customer support to online professionals that will take over that aspect of your online business for a fee. What ever you do make sure that you do handle your customer service or helpdesk in a courteous and mannerable way. You don’t want to loose a return customer because you dropped the ball in this area. How you handle your customer service will also determine if that customer will come back to your site to do business with you down the line.There is really no way for me to go into or list here everything or every aspect of how you will start a successful online business. I hope the information that I have listed will be of some help and at least point you to the right paths that you will need to walk down to succeed.Now it is up to you, choose your business, pick your profitable niche, get your website up and running and promote your online business with gusto. Keeping yourself motivated is the key to your success!

Starting an Online Business – Top 8 Myths Shattered

I recently dove into the world of online business. There were several reasons for this choice but the most prominent was trying to imagine what else I could do that would yield the results in the time frame that this would if I stick with it. I admit that when I started, I held some of the same beliefs and assumptions about an online business that many people have. Through my mentors, research and my own experiences, I have learned that running a business online is pretty much exactly the same as starting a business offline, the internet just means a different way of going about it.Here are 8 of the most widely held myths about starting an online business:Myth #1 – It is easy and effortlessTruth – It is not easy or effortlessThe truth is that starting an online business is very difficult. Demanding, Exhausting. Frustrating. Slow. Overwhelming. Not everyone can do it. That is why there are so many people who quit. It seems easy because people assume you just sit on your computer leisurely at home playing around. In reality, when you get started, it feels like you are learning a new language. There is just SO much information to absorb and it feels like it needs to be learned all at once because everything connects to something else on the internet. You will feel all of the above emotions all at once – frustration, overwhelm, exhaustion and you will question whether this is the right choice for you. Yes there will be days when you find yourself in the zone and feeling especially productive, but those days usually come later after all the hard stuff has been worked out first. And even then, there will still be days of utter frustration when you spend the entire day trying to re-size a photo and then realize with horror that nothing else was accomplished that day.Myth #2 – You will immediately have ton of ‘time freedom’ to spend time with your childrenTruth – No you will notRunning an online business is no different that starting an offline business. It takes time and a lot of work. To make a business succeed, you will need to take it seriously and treat it like a business, and in the beginning all businesses are very very time consuming. The time freedom will not come until much later. Most likely sooner than a traditional business, but still not right away. If you have children and housework and possibly a ‘real job’, you will constantly feel the pressure that one of these things is slipping or that you are constantly two steps behind with everything. You will second guess yourself and think maybe you are just not cut out to do this. You will feel guilt all the time for neglecting your children/spouse/chores/friends in order to pursue this all consuming business.Myth #3 – You will not have to spend any money to start or run the businessTruth – Yes you will.Try to think of an offline traditional business that needs no money to start. Offline, you need supplies, equipment, software, possibly staff or a building space. All these cost money. Most businesses will be in the red for at least the first year. That means that they have put more money into the business than they have made back. Online business is no different. There are just different things to put money into. Usually substantially less money is required, but still don’t count on being able to start a business with absolutely nothing.Myth #4 – You will get wealthy right awayTruth – No you will notThe truth is that setting up a web presence takes time. Getting your blog established and noticed takes time. Generating traffic takes time. All those websites and blogs that have hundreds of subscribers and are generating massive income didn’t start out that way. It took months, maybe years or diligent efforts to achieve that status.Myth #5 – Once my website is finished, the hard work is over and i can relax and let the people begin to chase me down.Truth – No, you can’t and no they won’tUnfortunately, this is not the case. The website is only one of the first steps. First, your website needs to be able to be found by people typing in your product or service into the search engines. It is not automatic. This takes knowledge to make happen. Next, people want to see that you are more than just a fancy website. They want to see that you have maybe some articles, videos, social media, a blog or other content online that backs up your expertise and shows you are a real person. You will need to research paid and free methods to get your site to the first page of the search engines. You will need to research keywords and use them effectively in articles, videos, blog posts. This takes time and patience. And work. If your product or service is unique and something much needed, and you are able to get it onto the first page of the search engines, then maybe you might have a chance of getting your desired effect by virtue of having something that everyone wants but no one could previously find. Other than that, there are thousands of competing businesses out there that you need to work hard to compete for business with.Myth # 6 – I won’t have to deal with or talk to people. Everything can be done through email.Truth – Actually you will need to talk to people.After the initial contact is made you will need to develop real relationships in a more personal way than emailing. You will use email in the beginning for networking, attracting prospects or administrative things but after that, the phone shows that you are a real person and allows you to show your personality to your customers. And often a call is a much quicker method for answering questions than lengthy emails. The internet is simply a connector but after that, it takes work to maintain a relationship.Myth # 7 – I can run the entire business on auto-pilot and be making money while sleeping or on the beachTruth – True, but not right awayYou need to sow the seeds of hard work first before you can reap the benefits of a prosperous business on autopilot. Yes, you can outsource many of the tasks but you will need to still know how to do everything because you will need to be there to answer any questions your outsourcers have. Also, you need to consider that outsourcing certain things may not allow you the freedom the make changes when you want or inject your personality. People whose businesses run smoothly with minimal effort from them had to put a lot of work in to get to that point.Myth # 8 – In a matter of months I can work anywhere I want at any time I want and will be free to quit my job.Truth – No, do not quit your job yetYou will need to be sure you are established in your business first before quitting your job. That will take more than a few months. There is no magic income level or time frame that you will reach before you know it is time to quit. That is something that is completely based on what you feel comfortable with. But you need to be smart about it and make sure you business is making an income consistently, not just once.As you can see, there are many myths associated with starting an online business. It can be scary starting something unknown but with the right knowledge and help the rewards are amazing.