1. Decide on your niche. What methods will you use to generate income? Basically, what do you want to sell? Here are few ideas of what you can do to generate income with a home based internet business.
Information – Create an information product or e-book.
Services – Perform a service for others.
Products – Sell products wholesale or using dropshipping.
AdSense Websites – Create a content website and earn income with Google Adsense.
Affiliate Programs – Promote other people’s products for a commission.
Find other websites that are already doing what you want to do. Make notes regarding what they do that you like and what they do that you don’t like. Strive to address what you don’t like about your competitor’s website in your own website. This will help you set yourself apart from everyone else.
2. Choose your domain name. Make is short and easy to remember. You want people to be able to easily type your domain name into their web browsers without misspelling it. You should also make your domain name descriptive of your business in some way, but this is not an absolute requirement. Many companies have successfully chosen a domain name that has no reference to the business at all. Take Google and eBay for example.
3. Choose a reliable and high performance host for your website. Your website should be available at all times and should be able to handle any load of traffic demand on the servers that you need. Imagine how mad you would be if you were spending money on advertising only to find out that your website is intermittently unavailable because your hosting company is frequently down. Choose a reputable hosting company that provides a responsive and helpful 24-hour customer support. The website host should offer all the functionality that you need so that you don’t have to waste time looking around for additional services that you have to figure out how to install yourself.
4. Build your website. Create an attractive and professional website that is easy for your visitors to navigate. Don’t go overboard with flashy animation or colors because this can cause your web pages to load slowly and can distract your visitors away from your content. Focus on adding high quality content to draw visitors in. Product reviews work well with if you are selling products. Choose the methods in which you will accept payment. You can incorporate shopping cart functionality into your website and accept credit cards through your own merchant account or you can use a third party to process your payments such as PayPal. If you are promoting affiliate products payment processing is handled for you.
5. Get the word out about what you have to offer. You will spend the rest of your time promoting your website with internet marketing techniques. You can choose from pay per click, article marketing, e-mail marketing, and search engine submission and optimization techniques as a start. And there are plenty of other things that you can do. You must plan on how you will attract traffic because without traffic your business will inevitably fail.
6. And finally, never stop improving. Use ad-tracking software to manage your advertising effectiveness. Take the time to periodically review your website to see where improvements can be made.
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