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The Ultimate Guide to Starting An Online Business

If you've Interested in learning how to starting an online business that can succeed? this article will explain everything you need to know beforehand.<br><br>

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The Ultimate Guide to Starting An Online Business

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  1. A lot of people dream of starting an online business. They  imagine the luxury of being their own boss, taking meetings  in comfy restaurants, and raking in the cash. But the truth is  you need to choose the right type of business and understand  how to start an online business in the first place. In this article,  I will be giving you a step-by-step guide to starting an  eCommerce business with a small amount of capital and a lot  of hustle.   First, let’s examine a few theories over the types of businesses  out there. The following is based on a product-demand matrix  and works like this:  Most entrepreneurs fall into the “labour of love” trap especially  if they don’t use their money wisely. But, as you can see the 

  2. Mass Market model is actually the sweet spot most beginners  can take advantage of and make a considerable profit.   Once you have an idea that fits nicely within the balance of  low price and high customer potential you will want to follow  these easy steps to get your idea off the ground:  Step 1: Check Out If Your Idea Is Viable      This should be done in a few different ways. First, don’t make  the mistake of looking for a product before your market. By  doing a proper market research you will be able to find and  profit from the solution to your market’s problem. Here are a  few ways to go about this:  1. Check out forums and sites like Quora to see what  people are looking for and what issues they are  facing   2. Keywords will tell you what people are searching  for as well as check what your competition is   3. Research potential competitors – see how they do  what you want to do and find your edge   I strongly suggest you do all 3 of these for your e-commerce  business: For example, you may be excited to find out that  people want better sunglasses and you know you can get  them made better and cheaper than your competitors. But, if 

  3. you didn’t check the keywords you may be unaware that this  market is incredibly saturated, and finding an edge will be  very difficult given the competition.     Photo Source: Brightech  Let’s take a look at a company named, Brightech. Brightech  started a few years ago on Amazon and also has its own site  selling its beautiful and affordable lighting products. To date,  they have served over one million happy customers! At a price  point of $50-$100 a lamp, you do the math!  How did they do it? Remember our matrix – they found  thousands of customers who complained about a major  problem – lighting. Either the lighting was cheap but fell 

  4. apart easily or it was so expensive it was only available to a  select few. They listened and responded with affordable LED  lights designed to imitate the latest trends.   Sound familiar? It should, this is how mega-billion dollar ​ASOS  made its mark.   Next, let’s look at how you take this great idea and  communicate it to your customers.  Step 2: Create Intent-Driven Content     Speaking of keywords before writing your content always  consider your strategy and how you are going to get your  readers engaged and converting. If you notice when looking  up information about starting an online store, the SERP’s rank  questions or long-tailed keywords higher:  For example,​ the phrases: Starting an online business and  how to start an online store​ will rank higher than starting an  eCommerce business as this is the way people quickly look up  how to open an online store.   With that in mind, your content should be:  ● Engaging   ● Informative 

  5. ● Optimized  The first two are pretty straightforward but let’s take a look at  how you can use SEO to get your content read and  generating income.   Remember those keywords we discussed a moment ago well  we still need them. This time not only for ranking well but also  to help us create content that people want to read. This  means that we need to avoid bad practices, also known as  Black Hat SEO like:  1. Keyword Stuffing   2. Cloaking   3. Using Private Link Networks  4. Low-quality content taken from other sites  Instead, be a good guy and use White Hat SEO techniques  that will help you rank higher on SERPs and drive excited  customers to your site. Think outside the traditional content  box by delivering content through video, optimized images,  social media, and infographics. Here are some tools I love to  use:  ● Ahrefs   ● SEMRush 

  6. ● Google Keyword Planner  These tools provide great resources for keyword research,  ranking, and scoping out the competition.   Step 3: Create Your Site   Now that you have your plan and all your content is ready to  go you will want to choose the best platform for your  e-commerce site. With so many great options out there for  starting an eCommerce business, it may seem hard how to  pick the best platform for your business. Here are a few things  to consider:  1. Cost – always an important consideration you do  not need to spend a lot to get a lot  2. Integrations – look for helpful tools that will things  easier like accounting plugins, email marketing  tools, dropshipping, and more.  3. SEO-friendly – If we haven’t mentioned it enough  you need SEO to get traffic and make money   4. 100% responsive – Its 2020 and over 90% of  eCommerce transactions are being done on smart  devices  5. Security – you want it and so do your customers  make sure it’s verified and secure 

  7. 6. Scalability – always think of the future and whether  your platform of choice can grow as your company  grows    Design It Right   Once you have chosen how to start an online business and  selected your platform – don’t forget the look and function of  your site. Keep it simple and classic with one or two nice  readable fonts. Use various videos and images that enhance  your brand and deliver your message well.   Make sure your customers can easily navigate by using smart  SEO like creating a Sitemap and social media buttons for 

  8. sharing. It is also always a good idea to run consistent SEO  audits of your site to make sure that there is no duplicate  content and those dreaded 404 errors.   Wrap Up   Once you have done all of the above steps you are ready to go  LIVE! Make sure you continue to learn about ​how to start an  online business​ from home to improve your UX and UI all the  time. Remember your site is only as good as its strategy and  SEO – without both of those you may end up selling a few  products to some friends and family instead of raking in the  cash.   If you need to get started on eCommerce SEO tips pop round  here​. 

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