Archive for the Business Startup Category

How to Run a Web-based Business

How to Run a Web-based Business

JerryDRoss.com - Business Success Solutions

With the state of the economy, more and more online businesses are showing up. They have the distinct advantage of having a low overhead which is appealing to most people. But, do you have what it takes to run such a business?

 

One thing that you need to know if you are thinking about a website or web-based business is that it is still a business. While there are advantages for the entrepreneur with little start-up capital, you won’t stay in business long if the enterprise is treated like a hobby.

 

Online businesses are a great alternative to a brick and mortar establishment. You might just find that your website business grows big enough to one day be housed in an actual building. The possibilities are endless.

 

To run a website business takes a certain kind of person. You are working it alone in most cases and there are a few things to consider.

 

1. Be motivated.

Unlike in an office, there is no one to look over your shoulder and tell you to get on your computer and get to work. That is up to you. Be aware that the monster of procrastination lurks behind every corner waiting to get you occupied with everything but work.

 

2. Have a plan.

A plan is necessary to map out a path to get started. You may not end up on that same path three years down the road but you will go nowhere fast without one. Decide what type of business you want to start and where you want it to go in the future.

 

3. Be computer savvy.

For some, the computer seems like a foreign object. Surfing the net is nothing like running a website business. There is a lot that goes on behind the scenes of a website that you will be responsible for. You can learn as you go, but it is more cost-effective to have some computer knowledge before you start.

 

4. Have a niche.

Website businesses pop up every day. What will make your business different? Research the Internet and see what type of business is thriving. Starting out in a saturated niche can spell your doom.

 

5. Be familiar with Internet marketing.

In order for people to find you, they need to know that you exist. Internet marketing techniques are used to build a customer base and bring in sales.

 

There are also other alternatives to beginning your own business from scratch. If you have the money and the skills, you can buy out another entrepreneur looking to sell their website or web-based business. It is similar to buying a brick and mortar company. You assume the daily operations and manage the workers (if any) who will probably be freelancers.

 

A website business is an excellent idea. If you have a business plan but little starting money, you can use a website business to realize your dreams of working for yourself.

 

Here’s to your Success!

Jerry D Ross

 

Give us your thoughts and/or suggestions. Please leave your Comment below. Feel free to contact me with questions or suggestions.

How to Choose the Right Products to Promote as an Affiliate

How to Choose the Right Products to Promote as an Affiliate

JerryDRoss.com - Business Success Solutions

A major step in becoming a profitable affiliate marketer is to choose the right products to promote. You want to be sure that you choose something your audience needs, that has a good reputation behind it, and is made by someone you trust. After all, if people buy it due to your recommendation, it needs to be good so that you can maintain the trust of your audience.

 

Understand Your Audience

The more you know about your audience, the more you can be sure that you are finding products that they need and want. If you don’t know who you’re marketing to, it will be very difficult to choose the right products.

 

Solve Problems for Your Audience

You want to find products that solve problems for your audience. If you’re not solving a problem, you may be creating one. Find two or three pain points your audience has. Then search for products to see if you can find solutions for your audience for these pain points.

 

Try the Product

It’s probably better (at least at first) that you do not promote products you have not tried yourself. Consider the expense to be part of the cost of doing business, but also as an insurance policy against complaints. If you truly love a product, you’ll feel better about promoting it.

 

Check Conversion Rates

Any product that is worth selling should give affiliates some idea of how high their sales pages conversion rate is. This can help you know whether or not it’s worth it for you to spend time and perhaps money promoting the product.

 

Know How Much Your Commission Is

Always understand up front how much your commission is. Remember to subtract any fees you’re charged via the payment processing center that you use. Read the information on ClickBank so you know what it takes to actually collect there (or any other affiliate network for that matter).

 

Know the Payout Procedures

Every affiliate program out there has a different payout procedure. Some pay out monthly, some make you wait until you have a certain number of sales, and others have even more confusing rules. Read all the rules, and understand when and how you’ll be paid.

 

Stay Digital

The best affiliate products are digital over physical. The reason is that people will buy them faster and get their products sooner. Plus, you’re likely to earn more money per item when promoting digital items.

 

Trends Are Nice

Don’t be afraid to jump on a trend bandwagon if it fits. But, don’t force it. If you can find a way that the trend fits in with your audience, you can capitalize on it in a big way. If you can’t, just let it go.

 

Being an affiliate marketer can be a tremendous career. Your income-earning potential is truly unlimited. Only your imagination can stop you from making a good income via affiliate marketing. But, you want to be sure to pick the right products at the right time for maximum impact.

 

Here’s to your Success!

Jerry D Ross

 

Give us your thoughts and/or suggestions. Please leave your Comment below. Feel free to contact me with questions or suggestions.