So you want to know how to start an internet business? Or maybe you already know how to start your own business but can't seem to focus your energies to actually start. Read on because you are not alone. In fact only around 3% of new business owners seem to be able to get past this hurdle. Affiliate marketing businesses do take the risk away but you still need to conduct this venture as you would any other business. Learning how to start an internet business is not just about learning the systems and processes that will eventually make you money, it's about understanding yourself and making sure you have the tools in place to help you focus when things are not going to plan. With that in mind, lets look at the basics of your business model.
The first step in learning how to start an internet business is understanding your product and the market. Plain and simple really. There are numerous tools on offer to better enable you to intelligently do this, but in a nutshell it comes down to the simple task of making sure that where there is demand, you have the supply.
Next is don't limit yourself to just one product. This seems like a no brainer in the affiliate marketing world and in fact, if you are just learning now how to start an internet business then you will quickly realise that there are literally millions of products available for you to sell and make substantial commissions on.
You will need to set your business apart from others. You need to establish what defines you and what you offer better from others, otherwise known as your Unique Selling
PropostionWhat do you offer that sets you apart from other businesses? You should always use tact when talking about your competition. Putting them down or being rude will only backfire on you. Talk up the advantages that you offer and leave it at that. Just remember above all else you are here to add value!
What is your VALUE ADD?
Forth, you should backup, insure, cover your bee hind basically because apart from the usual legalities, if you lose everything and you do not have insurance or backup of anything, then that is days, weeks and even years down the drain!
Fifth, you should always do your best to ensure fast and efficient service to your clients. However, there will come a time when there is a glitch. You need to keep your customers informed and aware of what is happening. Things happen that are beyond your control. Most customers are very forgiving if they are made aware of this. Keeping your customers in the dark could result in loosing them for good.
Sixth (and this is the most important), PROVIDE VALUE - keep your customers happy. The happier they are the more likely they are to come back. This is where email marketing and list building comes into the fray, but more on that in another article. Offer your customers incentives such as savings on their next purchase. Keeping your customers happy will also result in them referring their connections to you and there is nothing sweeter than FREE TRAFFIC!!
And Finally.. You need to understand your own strengths and leverage these, you need to understand your weaknesses and work on these and you need to understand yourself - and manage that. Because if you cannot organise your time and focus your energies then all of your efforts will be fruitless as you chase your tail around learning everything and achieving nothing in the sea of confusion that is the internet.
Affiliate marketing businesses are easier in the fact that they minimize risk. Everything else is like any other business. You need to work very hard to keep your customers happy. You need to set yourself apart from others and protect yourself against the worst. And most importantly you need to remain accountable to yourself at all time. Follow these basic ideals and your business venture will thrive. Ignore this, or worse, ignore yourself and, well you were probably going to fail anyway.
Alex Whalley is a part time blogger http://www.alexwhalley.com and internet marketer, providing valuable business frameworks to assist you in focusing your online efforts to break through the feeling of information overload and actually start taking ACTION! And with the knowledge of how easy the paralysis of analysis can get you I want to SHOW you a business model that works... Sick of constantly 'finding out more' without actually being shown? How about 125 + pages of step by step pictured tutorials? For more information on how to setup a simple set and forget website that can eventually make you money, visit http://www.simplifyingyourwebbusiness.com for a completely *FREE* step by step tutorial and access to over 3 hours of video explaining the business model. |
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