Many people operating internet-based businesses don’t have a realistic expectations of how long it takes to get started. This is because of all the hype about how easy it is to make a fortune online. You can make money selling goods and services online. However, there is USUALLY a learning curve. From discussions with others earning a nice income online, it seems to take 8 months to a year before things take off. You can shorten this learning period though.
During this learning period, the struggling business is:
1. Building name recognition.
2. Finding products or services that really sell.
3. Developing a business system.
4. Making lots of mistakes.
1. Building name recognition and an online presence is very necessary in many circles. People like buying from someone they know. Your potential customers want to know that you are going to be around tomorrow. If you have been in business for a while, then customers feel that you must be doing something right. Since you are successful they want to associate with and learn from you.
2. There are tons of products and services that you can offer from your website. New affiliate programs spring up every day. The problem is knowing which product or service is really in demand. Most of us have joined affiliate programs that proved disappointing. The key here is to really look at the product. Ask yourself if is something really needed. Also make sure that the commission paid is high enough to allow you to really earn some money. I think 40 to 50 percent isneeded for some products. If the product offers a residual income, a lower commission will still allow you a decent profit stream over time.
3. Developing a business system takes time. You should have a business plan before you do anything else. Have a plan for how and where you will advertise. Know how much webhosting, site promotion, and outside support will cost. Have a complete system thought through to include such things as using autoresponders, following up, and delivering the product. Not having completely thought things through is what causes all of the mistakes.
4. Finally, you make lots of mistakes during this learning period. Fortunately, you can learn from others mistakes and avoid repeating some of them. Read all of the ezine articles you can get your hand on. But also question everything you read in these articles. Read good books on the topic. Let others who have already set up a working system show you how it’s done. This is how you accelerate the process and avoid making so many mistakes.
Building your online business begins with knowing what to expect so that you are prepared. Study and do enough of the right things and your business will take off. It doesn’t usually happen overnight but with perseverance it does happen.
Willie Crawford has been teaching Internet marketing for
over 9 years. Take advantage of his uncanny insights and
experiences by subscribing to his free, information packed
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