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By http://upandcomingmarketing.com/




Table of Contents
    The Distinctions Of Online Businesses.................................................................3
    The Idea Behind The Business..............................................................................4
    PayPal Versus Online Shopping Carts...................................................................5
    Choosing a Web Address.......................................................................................6
    Choosing A Web Host............................................................................................7
    The Importance Of Web Design............................................................................8
    Sell It With Copy...................................................................................................9
    Free Marketing Mania.........................................................................................10
    Establish An Expert Reputation...........................................................................11
    Email Marketing Makes It Happen......................................................................12
The Distinctions Of Online Businesses
Starting an online business has become a very popular venture in recent years as more
and more people become acclimated to using the Internet in their everyday lives. As little
as twenty years ago, the Internet was new to the average consumer and not much more
than a novelty; today, it’s rare to encounter a home in the Western world that’s not
stocked with at least one computer. Most middle class houses in America have multiple
computers at this point.

What this means is that starting an online business can be profitable if done correctly,
given the predominance of the Internet in the average household. People who are natur-
ally entrepreneurial or those who have already started a non-internet based business will
definitely have a leg up on the rest of the game, but for the right person who’s willing to
take appropriate steps to ensure success, starting an online business can be easy, fun, and
even profitable.

In general, the differences between online business and traditional businesses are slight
but distinct. Here are a few things that potential online business owners should take into
consideration before jumping on the Information Superhighway:

   ·   Lower start up costs/high effort. One of the greatest things about on-
       line businesses is that they typically don’t cost much to get started. There’s no
       need to rent out a space or pay utilities, and there are lots of free avenues to ad-
       vertise with over the digital waves. However, don’t be fooled into thinking that
       “less money invested means less work,” because nothing could be further from
       the truth. Online business owners often feel like their computers are grafted onto
       their hands!
   ·   Be a jack of all trades. It’s not good enough just to have a stellar idea or a
       fantastic service. In order to be successful, you need to be able to do graphic
       design, understand web server technology, programming, and knowledge of the
       Internet as a marketing medium. For those that can’t do all of this single
       handedly, outsourcing is an option, but this raises overall cost.
   ·   Think globally. This isn’t opening up a small Mom and Pop store in your
       neighborhood. The business will be able to reach all corners of the globe, thanks
       to the Internet. The good part is that this potentially means more business – the
       bad part is that owners will have to make provisions for costs such as international
       shipping, and maybe even pay for translated versions of their websites.
   ·   Marketers make the market. There are thousands of ways to market on
The Idea Behind The Business

Obviously, the first place to start with any business is to come up with an idea. What, ex-
actly, is up for sale and what is the best way to attract the customer to the product? This
has been the main focus of all businesses, whether online or brick and mortar, for centur-
ies.

For those who already have a traditional business, this is the obvious place to start. Even
businesses that primarily work in the “real world” can benefit from having an online out-
let, if for nothing else than to reap the benefits of the worldwide marketing aspect.

However, one of the most common mistakes that a “real world” business makes when
transitioning to an online outlet is that they become what is known as a “brochure web-
site,” where the website itself offers little information other than scanned brochures and
directions to the store itself. While there is some merit to be had in this sort of website –
and it is, indeed, better than no website at all – this doesn’t maximize the potential that
the Internet has in furthering the cause of businesses.

For businesses who are looking to transfer from the “real world” to the digital one, it’s re-
commended to consider looking at the website as if it was the main focus of the business,
rather than a peripheral concern. If a business owner was starting from scratch with a
website and trying to sell the product, how important would the website itself be? It
would be vital, because the website is the medium that sells the product. Websites who
have “real world” businesses should view their site in the same way.

For those who are looking to start an online business from scratch, the most important
thing to do is research. What are competitors offering in the field? How much are they
charging, and what do their websites look like? Try Google searching for others who are
offering the same things that you would like to sell, and check out their quality and pri-
cing.

Next, sit down and consider how you can improve upon what your future competitors
have already brought to the table. Do most of the sites you see have uninspiring websites
or difficult navigation? Take note and make sure not to make the same mistakes when it’s
time for you to launch your own site.

Remember that your online business doesn’t have to necessarily be unique in order to be
successful. It just has to be a more appealing option to the consumer than the others
already on the market. Take note on what your competition is doing and envision making
PayPal Versus Online Shopping Carts

One of the most often discussed debates when it comes to the world of online business is
the method with which owners offer their customers to pay for the services rendered.
Everybody has heard the tale about the witless consumer who gave his or her credit card
number to some nameless company on the Internet and ended up with thousands of dol-
lars charged to his or her card. There are about a thousand variations on the same horror
story, which means that customers have high standards when it comes to giving out ac-
cess to their financial resources online.

Namely, your site is going to have to offer your customers a way to conduct transactions
with you in a method that is both secure and user-friendly. Not having a payment method
listed on your site that is well-respected and trusted will seem unprofessional and send
the vast majority of potential customers elsewhere. With the competitiveness of the on-
line market, there’s no reason to lose a customer base due to perceived overtures of unre-
liability.

Most online businesses these days conduct their transactions through PayPal or through
some form of online shopping cart. The pros and cons of both can be debated for days on
end, but here is a quick overview of both.

PayPal is well known and proven, and has high levels of customer satisfaction. Even
more intriguingly, it’s free of monthly fees for the user. The payment for services through
PayPal is docked through a service charge, which is taken out of every transaction. There
is much debate about at what point PayPal starts to become less cost-effective than a
shopping cart, but the overall rule of thumb seems to be that if your business does less
than 1000 dollars a month of money exchange, PayPal seems to be the best option. If
your revenue level is higher than that, it’s best to have both a PayPal option as well as a
shopping cart.

A shopping cart system requires a monthly maintenance fee, which can seem prohibitive
to smaller businesses. However, once your business sees serious growth, it’s a good idea
to invest in shopping cart services, if nothing else than for the peace of mind they can
bring. Paying the fee means that somebody else deals with the hassle of embedding the
software into your site, takes care of all the bugs that pop up, and generally ensures that
things are running smoothly. With a PayPal account, the owner has to add this to the list
of responsibilities.

The most important thing to keep in mind is that as a respectable online business owner,
Choosing a Web Address

A web address refers to the title your customers will type into the toolbar at the top of the
screen. The web address of the media giant Amazon is amazon.com. You can check out
what Disney is up to at Disney.com, and so forth. When you have your own online busi-
ness, people will be able to type in your web address in order to see what you’re up to, as
well!

This may seem like a somewhat obvious concern, but you will have to think up a web ad-
dress that is catchy, evocative, and easy to remember, which is no small feat. By this
point in the history of the Internet, a great deal of the short, snappy names have been
taken. For instance, if your business is called Good Times, well, it’s highly unlikely
you’ll be able to land goodtimes.com for the purposes of your site.

It’s gotten to the point where many people choose to name their businesses based off of
what web addresses they can land rather than basing the web address of the name of the
business. In fact, it’s probably a smart idea to check out what web addresses are available
before building your site if you have the luxury to do so: those who are building websites
to bolster a previously existing business won’t have this luxury, obviously.

There is a lot of fuss on the Internet regarding using hyphens in web addresses. In an
overarching sense, whether or not to use hyphens in your web address comes down to
personal preference, but it is true that most people don’t stop to note hyphens in the
names of addresses unless giving specific directions to a site. Thus, if you have a great
name that is available only when you use hyphens (“blue-money.com”) but goes to a dif-
ferent site when the hyphen is removed (“bluemoney.com”), it’s probably best to think of
another name, lest you end up accidentally sending customers to an unrelated site or,
worse, a competitor.

Also of contention are the extensions for web addresses, which can include .com, .edu,
.net, .org, .us, .info, .biz, and many others. There are also country specific web addresses
such as .co.uk. Of course, the most popular one of these is the .com, and in general, if
you can land the web address of your dreams that also happens to be a .com, then the
stars are smiling on you and it’s your lucky day.

However, if there’s no chance of that happening, .org and .net are well-known as well and
most customers find them perfectly acceptable alternatives. Just make sure to publicize
your website with the full web address should you not have a .com extension. The coun-
try-specific domain names are great for local businesses – after all, if you’re working out
Choosing A Web Host

In addition to buying a web address, an online business will need to be hosted some-
where. After all, a website is essentially a collection of graphic and text files uploaded
onto a remote server so other surfers can access your files. If you don’t have a web host,
then what you basically have is a lot of files on your own personal computer that nobody
else can see.

The first major choice that an enterprising business owner will have to make in regards to
web hosts is if he or she would like a free or a paid web host. There are advantages and
disadvantages with both.

The major advantage for a free web host is, of course, the fact that it’s free. Taking ad-
vantage of not being forced to fork out cash monthly for web hosting can save a business
hundreds, if not thousands of dollars. For those of you who are starting on a shoestring
budget, a free web host can be a real option for saving money.

There are several disadvantages inherent with free web hosts, though. The first being ad-
vertisements – the vast majority of free websites force ads onto their pages in order to pay
for the hosting, which can be a major turn-off to visitors. (There are some free web hosts
that don’t force advertising, but many of these close due to lack of revenue – since if
people have the option to turn off advertising, most will!) In addition, several of the free
web hosts don’t allow FTP, or File Transfer Protocol access. While this may mean noth-
ing at all to you at the moment, once your online business really takes off, having FTP ac-
cess means that you will be able to do so much more in regards to customizing and op-
timizing your site.

Generally speaking, it’s much more recommended for businesses to spring for the paid
web host if at all possible. There are some places where you can get basic web hosting
for under ten dollars a month, and you can switch web hosts at a later date should your
requirements exceed the capabilities of the cheaper web hosts.

Should you elect to go with a paid web host, the amount of options out there could com-
pete with the number of stars in the universe. You can choose to be based out of your
own country or go international – while being based in your own country may seem like
the obvious option, if you’re trying to appeal to an international crowd and your target is
English speakers, being based out of the US is probably the best idea, even if you are loc-
ated in another English-speaking country. You can choose to pay as little as five dollars a
month or as much as five hundred.
The Importance Of Web Design

Many online businesses, in their haste to get up a website as soon as possible in order to
start raking in the customers and the revenue, completely forget about the importance of
web design when it comes to selling online.

It helps to think of your website as a physical store. Before you invited the customers in,
you’d take care to make sure that everything was organized, the place was easy to navig-
ate for as many people as possible, and that the store was clean. If your store is cluttered,
hard to navigate, and dirty, many customers will turn around and walk right out upon see-
ing the place, without giving a second thought to the products inside.

Web design is important in the same way. When you present your site it needs to be
presented in a clean, clear-cut fashion that draws the customer in and invites them to ex-
plore the website more, rather than sending them running due to an onslaught of blinking
graphics and clashing colors.

The best web designs, thankfully, tend to be the more simplistic ones. Make your links
obvious and your text a reasonable size with appropriate colors. Note that “appropriate
colors” doesn’t necessarily mean that the website has to be in shades of white – in fact,
pops of color add interest and make your website memorable – but having a yellow back-
ground with pink text is going to shock your customers in a way that you’ll likely find
less than desirable.

Also fortunately, while most of us might not be web design gurus, there are a number of
people who have dedicated their lives to the art of website design and maintenance. If
you are a person who struggles to put italics into your HTML documents, there’s no
shame in admitting that you’re not the grandfather of code. This is one place where out-
sourcing can be a great idea. Yes, a look at many website design sites might make you
reel with the prices they quote, but there are ways to keep the costs low when it comes to
outsourcing web design.

Consider purchasing a ready-made site and then buying customized graphics on top of
that as opposed to getting a site made from scratch. You don’t need to reinvent the wheel.
Also consider talking with students from design schools – yes, you’ll have to pay them,
but they often charge much lower rates, and many students will jump at a chance to build
their portfolios.

Also remember that outsourcing your web design can be claimed on your taxes for an on-
Sell It With Copy

What’s just as important as the quality of your product and the organization of the site it’s
located on? The copy that sells it, of course!

Consider your copy the same way you’d consider yourself before going on an interview
for a job. You’d be clean, you’d look professional, and you might even rehearse a little
bit about what you were going to say. Your copy should present itself like it’s going in
for an interview as well – this is your business speaking for itself, after all!

What are the cornerstones of good copy? Well, let’s start off with the obvious – good
copy is first and foremost well organized and free of grammatical errors. If your copy is
hard to read and misspelled, it looks unprofessional which sets off red flags in the mind
of your customers. Don’t let the incorrect usage of semicolons drive away potential rev-
enue. Also, if nothing else, be sure to run everything through spellchecker before putting
it up.

But if you want your copy to truly pop, you’ll need to do more than make sure that you
cross your Ts and dot your Is. Good copy can accurately describe the product or services
that you sell, as well as inform the customer why your product and services are better
than what’s offered by the competition. It paints you, the seller, as credible and honest,
and it adds a touch of urgency to the transaction, convincing the customer that it’s in
his/her best interest to make a purchase as soon as possible. Good copy is convincing,
but not overbearing.

There are two obvious ways to go about getting good copy for your online business. The
first is writing it yourself. The second is outsourcing. The first is definitely the cheaper
way to go, and even if you are utterly incapable of designing a website, it’s likely that
you know how to work a word processor and use spellchecker. You could write your
own copy very persuasively and well.

But this is another area in which potential online business owners should not scrimp. Be
honest with yourself. Will you be able to represent your services and products to the ex-
tent they deserve - and need to be represented in order to be profitable – with your writ-
ing abilities?

Many people opt to outsource their copy just as they outsource their web design. Just as
there are people who have dedicated themselves to the art of making web pages, there are
those who make a living out of writing the copy that fills these pages. Many of these
Free Marketing Mania

Savvy online business owners can take advantage of all the free marketing opportunities
the Internet has to offer. In order to maximize the results by using free marketing, you’ll
need to put in a little bit of elbow grease and quite a few hours of time, but once you get
the hang of it, you’ll be astonished by how well you can get the word of your business
out there and start seeing real conversions.

The best way to go about marketing your site without spending a dime is definitely the
social media route. There has been a literal explosion of interest in sites such as Linked-
In, Facebook, MySpace, and Yelp in recent years, and any online business owner who’s
interested in getting the word out about their products and services would be foolish to
not take advantage of these congregation spots.

The trick for making social media marketing effective is the method in which you go
about it. Many business owners simply sign up their businesses for accounts and then
send off hundreds if not thousands of friend requests and expect interest to come flooding
back in.

The reality of the situation is that it’s not that easy – a smaller approach is definitely
much more economical insofar as generating real interest in your business is concerned.
Start by friending smaller groups – no larger than twenty people. If somebody sees that
you’re trying to friend over two hundred people, chances are they’ll think you’re a spam-
mer and not reply to your query. Smaller groups make you look more genuine and inter-
esting. Also remember only to friend groups and individuals who have a stated interest in
the product or services that you sell; to do otherwise is considered spam.

When sending out news feeds on these sites, the number one rule to consider is keeping
your send-offs interesting. Before you send anything out, be it a “tweet” or a status up-
date or an email announcement, take a minute and think about whether or not what you’re
sending out is relevant or interesting. People will enjoy hearing about your product of-
fers occasionally, but not three times a day. Again, you don’t want to come off as a spam-
mer, because then people will stop friending you and the whole process will be for
naught.

Also, be sure to take the time to look at the profiles of your friends and occasionally com-
ment on what they have to say. This helps build your credibility as a “friend” and show
that you take an active interest in the people who are following you on the social net-
working sites. Once again, more personable and less spam-like makes your social media
Establish An Expert Reputation

One of the most important things that any business can have, whether online or not, is le-
gitimacy. If customers think that a particular business knows how to get a job done cor-
rectly or sells flawless products, not only will they come back, but they’ll also offer your
name to others. And all business owners crave that word of mouth referral like nothing
else, as it’s marketing gold.

But how to get that reputation? With online businesses, it can be a little bit more difficult
to cultivate word of mouth recommendations simply because your customers might be
from all around the globe, and thus are less likely to ask each other for referrals as com-
pared to neighbors in a single community are. Like everything else about online busi-
nesses, it’s possible to get that reputation you want going, it just requires a bit of ingenu-
ity and unconventional thought.

One of the best ways to start building your reputation as an online business is to start off
with a bang – give away free content. This doesn’t mean that you need to give out free
products; though, certainly, if you can afford to do so, freebies are a great way to get a
customer’s attention. What you can do, however, is start giving out your advice. If
you’re a construction company, set up a “how to fix it” section of your site that anybody
can visit. If you’re a shoe repair shop, make some videos about how to do simple things
like fix shoelaces and upload them to YouTube. This is a great way to draw in potential
customers who may not have originally been looking for your services, but advice – but
these surfers can quickly become customers if they believe in the strength of your advice.

Another great way is to get involved with online forums relating to the product or ser-
vices that you sell. If you’re a car repair shop, consider joining some forums based on
car repair and start offering up your free advice on the subject. Most of these forums al-
low their users to post “signatures,” which are little text/picture snippets that appear at the
bottom of every post. If you use this opportunity to advertise your site, you’ll start gener-
ating interest when you build your reputation within that particular forum. Just be sure
to actually contribute to the conversations in the forum itself, though – most forums have
moderators and if your account is deemed to be producing too much spam, you’ll be re-
moved from the community. Not to mention, people who only use forums to place ad-
vertisements and not contribute to the topics at hand are looked at with derision. Besides,
if the topic of the forum is something that you are interested in – and assuming that you
started a business in a particular topic, it hints that you are - you might even end up hav-
ing fun by participating in forums.
Email Marketing Makes It Happen

One of the most valuable assets an online business can have is an opt-in list. What’s this
and how does it work? We’re here to help!

An opt-in marketing list is where a customer (or potential customer, but it’s most often
somebody who has purchased something from your site) gets an option to include them-
selves in on an email list that your company sends out.

This is very different from spam, which is where unscrupulous business owners go
“phishing” for random email addresses that they find on the Internet and relentlessly pelt
these poor souls with emails. Spam does nobody any good and basically ends up costing
a business a lot of money only to irritate people.

An opt-in list, though, is a brilliant for business because the people who receive your
emails are actually interested in receiving them. You can send this list of people who are
interested in keeping constant correspondence with your business occasional emails – no
more than twice a month, usually, and only when you have something of worth to say or
offer – which can detail everything from the current goings-on of your business to deals
and offers and promotions. Many companies offer special promotions to those who join
their opt-in list as an incentive to, well, opt in.

Opt-in lists give customers who are interested in you your attention. Even better, the ef-
fect of an opt-in list is entirely traceable, as if you start offering promotions through your
list you’ll be able to tell how many of them get redeemed. Opt-in lists are also another
great way to get out more of that free expert content you offer, specially designed for
those who wish to follow you. Many smaller businesses offer Q and A sessions through
their opt-in list, where followers can ask specific questions that can be answered through
the general forum of your email.

These lists are also the digital equivalent to having “regulars” at a store and engaging
them in casual chat. Through an email list you can develop more intimate relationships
with customers as compared to the normal “anonymous buyer” that hops into your site to
pick up a few items, and then hops out without you knowing anything more about them
other than what they bought. Close relationships with customers generate brand loyalty,
which is a hot commodity.

Want another bonus? Email marketing can also be entirely free if you manage it yourself.
Even if you choose to outsource your email marketing or leave it to an employee to
We are a professional company that specialises in
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What You Need To Know About Online Business

  • 1.
  • 2. By http://upandcomingmarketing.com/ Table of Contents The Distinctions Of Online Businesses.................................................................3 The Idea Behind The Business..............................................................................4 PayPal Versus Online Shopping Carts...................................................................5 Choosing a Web Address.......................................................................................6 Choosing A Web Host............................................................................................7 The Importance Of Web Design............................................................................8 Sell It With Copy...................................................................................................9 Free Marketing Mania.........................................................................................10 Establish An Expert Reputation...........................................................................11 Email Marketing Makes It Happen......................................................................12
  • 3. The Distinctions Of Online Businesses Starting an online business has become a very popular venture in recent years as more and more people become acclimated to using the Internet in their everyday lives. As little as twenty years ago, the Internet was new to the average consumer and not much more than a novelty; today, it’s rare to encounter a home in the Western world that’s not stocked with at least one computer. Most middle class houses in America have multiple computers at this point. What this means is that starting an online business can be profitable if done correctly, given the predominance of the Internet in the average household. People who are natur- ally entrepreneurial or those who have already started a non-internet based business will definitely have a leg up on the rest of the game, but for the right person who’s willing to take appropriate steps to ensure success, starting an online business can be easy, fun, and even profitable. In general, the differences between online business and traditional businesses are slight but distinct. Here are a few things that potential online business owners should take into consideration before jumping on the Information Superhighway: · Lower start up costs/high effort. One of the greatest things about on- line businesses is that they typically don’t cost much to get started. There’s no need to rent out a space or pay utilities, and there are lots of free avenues to ad- vertise with over the digital waves. However, don’t be fooled into thinking that “less money invested means less work,” because nothing could be further from the truth. Online business owners often feel like their computers are grafted onto their hands! · Be a jack of all trades. It’s not good enough just to have a stellar idea or a fantastic service. In order to be successful, you need to be able to do graphic design, understand web server technology, programming, and knowledge of the Internet as a marketing medium. For those that can’t do all of this single handedly, outsourcing is an option, but this raises overall cost. · Think globally. This isn’t opening up a small Mom and Pop store in your neighborhood. The business will be able to reach all corners of the globe, thanks to the Internet. The good part is that this potentially means more business – the bad part is that owners will have to make provisions for costs such as international shipping, and maybe even pay for translated versions of their websites. · Marketers make the market. There are thousands of ways to market on
  • 4. The Idea Behind The Business Obviously, the first place to start with any business is to come up with an idea. What, ex- actly, is up for sale and what is the best way to attract the customer to the product? This has been the main focus of all businesses, whether online or brick and mortar, for centur- ies. For those who already have a traditional business, this is the obvious place to start. Even businesses that primarily work in the “real world” can benefit from having an online out- let, if for nothing else than to reap the benefits of the worldwide marketing aspect. However, one of the most common mistakes that a “real world” business makes when transitioning to an online outlet is that they become what is known as a “brochure web- site,” where the website itself offers little information other than scanned brochures and directions to the store itself. While there is some merit to be had in this sort of website – and it is, indeed, better than no website at all – this doesn’t maximize the potential that the Internet has in furthering the cause of businesses. For businesses who are looking to transfer from the “real world” to the digital one, it’s re- commended to consider looking at the website as if it was the main focus of the business, rather than a peripheral concern. If a business owner was starting from scratch with a website and trying to sell the product, how important would the website itself be? It would be vital, because the website is the medium that sells the product. Websites who have “real world” businesses should view their site in the same way. For those who are looking to start an online business from scratch, the most important thing to do is research. What are competitors offering in the field? How much are they charging, and what do their websites look like? Try Google searching for others who are offering the same things that you would like to sell, and check out their quality and pri- cing. Next, sit down and consider how you can improve upon what your future competitors have already brought to the table. Do most of the sites you see have uninspiring websites or difficult navigation? Take note and make sure not to make the same mistakes when it’s time for you to launch your own site. Remember that your online business doesn’t have to necessarily be unique in order to be successful. It just has to be a more appealing option to the consumer than the others already on the market. Take note on what your competition is doing and envision making
  • 5. PayPal Versus Online Shopping Carts One of the most often discussed debates when it comes to the world of online business is the method with which owners offer their customers to pay for the services rendered. Everybody has heard the tale about the witless consumer who gave his or her credit card number to some nameless company on the Internet and ended up with thousands of dol- lars charged to his or her card. There are about a thousand variations on the same horror story, which means that customers have high standards when it comes to giving out ac- cess to their financial resources online. Namely, your site is going to have to offer your customers a way to conduct transactions with you in a method that is both secure and user-friendly. Not having a payment method listed on your site that is well-respected and trusted will seem unprofessional and send the vast majority of potential customers elsewhere. With the competitiveness of the on- line market, there’s no reason to lose a customer base due to perceived overtures of unre- liability. Most online businesses these days conduct their transactions through PayPal or through some form of online shopping cart. The pros and cons of both can be debated for days on end, but here is a quick overview of both. PayPal is well known and proven, and has high levels of customer satisfaction. Even more intriguingly, it’s free of monthly fees for the user. The payment for services through PayPal is docked through a service charge, which is taken out of every transaction. There is much debate about at what point PayPal starts to become less cost-effective than a shopping cart, but the overall rule of thumb seems to be that if your business does less than 1000 dollars a month of money exchange, PayPal seems to be the best option. If your revenue level is higher than that, it’s best to have both a PayPal option as well as a shopping cart. A shopping cart system requires a monthly maintenance fee, which can seem prohibitive to smaller businesses. However, once your business sees serious growth, it’s a good idea to invest in shopping cart services, if nothing else than for the peace of mind they can bring. Paying the fee means that somebody else deals with the hassle of embedding the software into your site, takes care of all the bugs that pop up, and generally ensures that things are running smoothly. With a PayPal account, the owner has to add this to the list of responsibilities. The most important thing to keep in mind is that as a respectable online business owner,
  • 6. Choosing a Web Address A web address refers to the title your customers will type into the toolbar at the top of the screen. The web address of the media giant Amazon is amazon.com. You can check out what Disney is up to at Disney.com, and so forth. When you have your own online busi- ness, people will be able to type in your web address in order to see what you’re up to, as well! This may seem like a somewhat obvious concern, but you will have to think up a web ad- dress that is catchy, evocative, and easy to remember, which is no small feat. By this point in the history of the Internet, a great deal of the short, snappy names have been taken. For instance, if your business is called Good Times, well, it’s highly unlikely you’ll be able to land goodtimes.com for the purposes of your site. It’s gotten to the point where many people choose to name their businesses based off of what web addresses they can land rather than basing the web address of the name of the business. In fact, it’s probably a smart idea to check out what web addresses are available before building your site if you have the luxury to do so: those who are building websites to bolster a previously existing business won’t have this luxury, obviously. There is a lot of fuss on the Internet regarding using hyphens in web addresses. In an overarching sense, whether or not to use hyphens in your web address comes down to personal preference, but it is true that most people don’t stop to note hyphens in the names of addresses unless giving specific directions to a site. Thus, if you have a great name that is available only when you use hyphens (“blue-money.com”) but goes to a dif- ferent site when the hyphen is removed (“bluemoney.com”), it’s probably best to think of another name, lest you end up accidentally sending customers to an unrelated site or, worse, a competitor. Also of contention are the extensions for web addresses, which can include .com, .edu, .net, .org, .us, .info, .biz, and many others. There are also country specific web addresses such as .co.uk. Of course, the most popular one of these is the .com, and in general, if you can land the web address of your dreams that also happens to be a .com, then the stars are smiling on you and it’s your lucky day. However, if there’s no chance of that happening, .org and .net are well-known as well and most customers find them perfectly acceptable alternatives. Just make sure to publicize your website with the full web address should you not have a .com extension. The coun- try-specific domain names are great for local businesses – after all, if you’re working out
  • 7. Choosing A Web Host In addition to buying a web address, an online business will need to be hosted some- where. After all, a website is essentially a collection of graphic and text files uploaded onto a remote server so other surfers can access your files. If you don’t have a web host, then what you basically have is a lot of files on your own personal computer that nobody else can see. The first major choice that an enterprising business owner will have to make in regards to web hosts is if he or she would like a free or a paid web host. There are advantages and disadvantages with both. The major advantage for a free web host is, of course, the fact that it’s free. Taking ad- vantage of not being forced to fork out cash monthly for web hosting can save a business hundreds, if not thousands of dollars. For those of you who are starting on a shoestring budget, a free web host can be a real option for saving money. There are several disadvantages inherent with free web hosts, though. The first being ad- vertisements – the vast majority of free websites force ads onto their pages in order to pay for the hosting, which can be a major turn-off to visitors. (There are some free web hosts that don’t force advertising, but many of these close due to lack of revenue – since if people have the option to turn off advertising, most will!) In addition, several of the free web hosts don’t allow FTP, or File Transfer Protocol access. While this may mean noth- ing at all to you at the moment, once your online business really takes off, having FTP ac- cess means that you will be able to do so much more in regards to customizing and op- timizing your site. Generally speaking, it’s much more recommended for businesses to spring for the paid web host if at all possible. There are some places where you can get basic web hosting for under ten dollars a month, and you can switch web hosts at a later date should your requirements exceed the capabilities of the cheaper web hosts. Should you elect to go with a paid web host, the amount of options out there could com- pete with the number of stars in the universe. You can choose to be based out of your own country or go international – while being based in your own country may seem like the obvious option, if you’re trying to appeal to an international crowd and your target is English speakers, being based out of the US is probably the best idea, even if you are loc- ated in another English-speaking country. You can choose to pay as little as five dollars a month or as much as five hundred.
  • 8. The Importance Of Web Design Many online businesses, in their haste to get up a website as soon as possible in order to start raking in the customers and the revenue, completely forget about the importance of web design when it comes to selling online. It helps to think of your website as a physical store. Before you invited the customers in, you’d take care to make sure that everything was organized, the place was easy to navig- ate for as many people as possible, and that the store was clean. If your store is cluttered, hard to navigate, and dirty, many customers will turn around and walk right out upon see- ing the place, without giving a second thought to the products inside. Web design is important in the same way. When you present your site it needs to be presented in a clean, clear-cut fashion that draws the customer in and invites them to ex- plore the website more, rather than sending them running due to an onslaught of blinking graphics and clashing colors. The best web designs, thankfully, tend to be the more simplistic ones. Make your links obvious and your text a reasonable size with appropriate colors. Note that “appropriate colors” doesn’t necessarily mean that the website has to be in shades of white – in fact, pops of color add interest and make your website memorable – but having a yellow back- ground with pink text is going to shock your customers in a way that you’ll likely find less than desirable. Also fortunately, while most of us might not be web design gurus, there are a number of people who have dedicated their lives to the art of website design and maintenance. If you are a person who struggles to put italics into your HTML documents, there’s no shame in admitting that you’re not the grandfather of code. This is one place where out- sourcing can be a great idea. Yes, a look at many website design sites might make you reel with the prices they quote, but there are ways to keep the costs low when it comes to outsourcing web design. Consider purchasing a ready-made site and then buying customized graphics on top of that as opposed to getting a site made from scratch. You don’t need to reinvent the wheel. Also consider talking with students from design schools – yes, you’ll have to pay them, but they often charge much lower rates, and many students will jump at a chance to build their portfolios. Also remember that outsourcing your web design can be claimed on your taxes for an on-
  • 9. Sell It With Copy What’s just as important as the quality of your product and the organization of the site it’s located on? The copy that sells it, of course! Consider your copy the same way you’d consider yourself before going on an interview for a job. You’d be clean, you’d look professional, and you might even rehearse a little bit about what you were going to say. Your copy should present itself like it’s going in for an interview as well – this is your business speaking for itself, after all! What are the cornerstones of good copy? Well, let’s start off with the obvious – good copy is first and foremost well organized and free of grammatical errors. If your copy is hard to read and misspelled, it looks unprofessional which sets off red flags in the mind of your customers. Don’t let the incorrect usage of semicolons drive away potential rev- enue. Also, if nothing else, be sure to run everything through spellchecker before putting it up. But if you want your copy to truly pop, you’ll need to do more than make sure that you cross your Ts and dot your Is. Good copy can accurately describe the product or services that you sell, as well as inform the customer why your product and services are better than what’s offered by the competition. It paints you, the seller, as credible and honest, and it adds a touch of urgency to the transaction, convincing the customer that it’s in his/her best interest to make a purchase as soon as possible. Good copy is convincing, but not overbearing. There are two obvious ways to go about getting good copy for your online business. The first is writing it yourself. The second is outsourcing. The first is definitely the cheaper way to go, and even if you are utterly incapable of designing a website, it’s likely that you know how to work a word processor and use spellchecker. You could write your own copy very persuasively and well. But this is another area in which potential online business owners should not scrimp. Be honest with yourself. Will you be able to represent your services and products to the ex- tent they deserve - and need to be represented in order to be profitable – with your writ- ing abilities? Many people opt to outsource their copy just as they outsource their web design. Just as there are people who have dedicated themselves to the art of making web pages, there are those who make a living out of writing the copy that fills these pages. Many of these
  • 10. Free Marketing Mania Savvy online business owners can take advantage of all the free marketing opportunities the Internet has to offer. In order to maximize the results by using free marketing, you’ll need to put in a little bit of elbow grease and quite a few hours of time, but once you get the hang of it, you’ll be astonished by how well you can get the word of your business out there and start seeing real conversions. The best way to go about marketing your site without spending a dime is definitely the social media route. There has been a literal explosion of interest in sites such as Linked- In, Facebook, MySpace, and Yelp in recent years, and any online business owner who’s interested in getting the word out about their products and services would be foolish to not take advantage of these congregation spots. The trick for making social media marketing effective is the method in which you go about it. Many business owners simply sign up their businesses for accounts and then send off hundreds if not thousands of friend requests and expect interest to come flooding back in. The reality of the situation is that it’s not that easy – a smaller approach is definitely much more economical insofar as generating real interest in your business is concerned. Start by friending smaller groups – no larger than twenty people. If somebody sees that you’re trying to friend over two hundred people, chances are they’ll think you’re a spam- mer and not reply to your query. Smaller groups make you look more genuine and inter- esting. Also remember only to friend groups and individuals who have a stated interest in the product or services that you sell; to do otherwise is considered spam. When sending out news feeds on these sites, the number one rule to consider is keeping your send-offs interesting. Before you send anything out, be it a “tweet” or a status up- date or an email announcement, take a minute and think about whether or not what you’re sending out is relevant or interesting. People will enjoy hearing about your product of- fers occasionally, but not three times a day. Again, you don’t want to come off as a spam- mer, because then people will stop friending you and the whole process will be for naught. Also, be sure to take the time to look at the profiles of your friends and occasionally com- ment on what they have to say. This helps build your credibility as a “friend” and show that you take an active interest in the people who are following you on the social net- working sites. Once again, more personable and less spam-like makes your social media
  • 11. Establish An Expert Reputation One of the most important things that any business can have, whether online or not, is le- gitimacy. If customers think that a particular business knows how to get a job done cor- rectly or sells flawless products, not only will they come back, but they’ll also offer your name to others. And all business owners crave that word of mouth referral like nothing else, as it’s marketing gold. But how to get that reputation? With online businesses, it can be a little bit more difficult to cultivate word of mouth recommendations simply because your customers might be from all around the globe, and thus are less likely to ask each other for referrals as com- pared to neighbors in a single community are. Like everything else about online busi- nesses, it’s possible to get that reputation you want going, it just requires a bit of ingenu- ity and unconventional thought. One of the best ways to start building your reputation as an online business is to start off with a bang – give away free content. This doesn’t mean that you need to give out free products; though, certainly, if you can afford to do so, freebies are a great way to get a customer’s attention. What you can do, however, is start giving out your advice. If you’re a construction company, set up a “how to fix it” section of your site that anybody can visit. If you’re a shoe repair shop, make some videos about how to do simple things like fix shoelaces and upload them to YouTube. This is a great way to draw in potential customers who may not have originally been looking for your services, but advice – but these surfers can quickly become customers if they believe in the strength of your advice. Another great way is to get involved with online forums relating to the product or ser- vices that you sell. If you’re a car repair shop, consider joining some forums based on car repair and start offering up your free advice on the subject. Most of these forums al- low their users to post “signatures,” which are little text/picture snippets that appear at the bottom of every post. If you use this opportunity to advertise your site, you’ll start gener- ating interest when you build your reputation within that particular forum. Just be sure to actually contribute to the conversations in the forum itself, though – most forums have moderators and if your account is deemed to be producing too much spam, you’ll be re- moved from the community. Not to mention, people who only use forums to place ad- vertisements and not contribute to the topics at hand are looked at with derision. Besides, if the topic of the forum is something that you are interested in – and assuming that you started a business in a particular topic, it hints that you are - you might even end up hav- ing fun by participating in forums.
  • 12. Email Marketing Makes It Happen One of the most valuable assets an online business can have is an opt-in list. What’s this and how does it work? We’re here to help! An opt-in marketing list is where a customer (or potential customer, but it’s most often somebody who has purchased something from your site) gets an option to include them- selves in on an email list that your company sends out. This is very different from spam, which is where unscrupulous business owners go “phishing” for random email addresses that they find on the Internet and relentlessly pelt these poor souls with emails. Spam does nobody any good and basically ends up costing a business a lot of money only to irritate people. An opt-in list, though, is a brilliant for business because the people who receive your emails are actually interested in receiving them. You can send this list of people who are interested in keeping constant correspondence with your business occasional emails – no more than twice a month, usually, and only when you have something of worth to say or offer – which can detail everything from the current goings-on of your business to deals and offers and promotions. Many companies offer special promotions to those who join their opt-in list as an incentive to, well, opt in. Opt-in lists give customers who are interested in you your attention. Even better, the ef- fect of an opt-in list is entirely traceable, as if you start offering promotions through your list you’ll be able to tell how many of them get redeemed. Opt-in lists are also another great way to get out more of that free expert content you offer, specially designed for those who wish to follow you. Many smaller businesses offer Q and A sessions through their opt-in list, where followers can ask specific questions that can be answered through the general forum of your email. These lists are also the digital equivalent to having “regulars” at a store and engaging them in casual chat. Through an email list you can develop more intimate relationships with customers as compared to the normal “anonymous buyer” that hops into your site to pick up a few items, and then hops out without you knowing anything more about them other than what they bought. Close relationships with customers generate brand loyalty, which is a hot commodity. Want another bonus? Email marketing can also be entirely free if you manage it yourself. Even if you choose to outsource your email marketing or leave it to an employee to
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