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Let's Know All About Online Business Opportunity And How You Can Run A Successful Business Too.
Have you lost all faith in Job Security? Or you are tired of working for others?
For whatever reason, if you want to start an online business and want to know all the strategies behind other successful businesses then you are in right place.
Content
- Introduction to Online Business & How you can turn your passion into a profession.
- How To Find Your Product & Service for your business.
- Setup perfect Marketing Research. Know if your business idea going to be successful or not.
- Which platform you can choose to get started.
- How you can get your first 100 customers, client, or order as fast as you can.
- Final investment to make to have great success in your business.
Note - Only people who are looking for some value in this article will find one, the rest will just find it amazing and will do nothing about it.
Let's get started.
Step One
Turn Your Passion Into Profession
A lot of us just take a step back from making any decision on starting an online business because People believe that One must need to have a lot of money to spend on it, or we can only do business if somebody in the family is already in business and there is a lot of risk in running an online business, List of excuses goes on.
This is not us who are saying this but these are the people who don't know anything about business but they will scare other people off too.
The requirement to run a business - Skill, Time & Platform. That it.
In beginning, I strongly believed that we must need to have one source of income before starting any business for the sake of financial security but know I can say that, Your skill that you are using for your business will do that for you. You don't have to set a different stream of work or to do separate nonpassionate work to earn some money.
Have a passion, Find the right skill to Monetize it, and then earn money with it, put some portion of your money back to your passion to turn it into the business.
I am saying it with my personal experience of life, this is the only way through one can actually work on themselves for 2 or 3 years and spend the rest of their life working for themselves only instead of working for somebody else.
So all n all, You Don’t need to spend much to get started online.
Leveraging your passion to create some Problem-solving products or services for your potential audience is going to be your online business.
Because we are talking only online, it's risk-free, While in offline business, most new business people live under the pressure of making more sales to afford a place to get the business going.
Now let's Move On To the Next Step.
Step Two
Find Your Product & Service for your business.
You do have the Idea of what you are going to sell online, right?
Absolute Requirments:-
1. Skill {Something that you are an expert on} - you dance really well or you paint very well, you craft very well, you are crazy about social media, you love modeling or teaching, or you are good at photography extra.
If you have any passion that you are crazy about and you are certainly sure that nobody can do it better than you, then you need to sell that passion online, you can brand yourself and promote what you got.
📌It is really important that you offer something. But if you are confused about what you really good at then you need to ask this question to yourself. "If one day you win a million-dollar lottery, would you do what you do right now?" If the answer is Yes then you are in the right field right now but if the answer is NO, then you need to think about what you can do if it's not for money.
2. You need to have a product to sell - Even if you are an expert in something, you have to create some product out of it, Online tutorial, Online membership, or webinars, or documentary, something that people can get values from in exchange of money.
If you are beyond the above two options - Then you need to have brilliant business ideas, like some new innovation, something more upgraded version of the already existed business. Something which could help people more to save their time, It could be any product.
It doesn't need to be a very expensive product, it just needs to be an idea for creating something or using already existing products to get an expert with it. The motive should be saving people time or entertaining them to make them happy.
📌Now, either you are an expert, branding yourself through an online platform or you are going to sell any product online, In both cases, you have a wide opportunity to make a good income out of it by being crazy enough to do something about it.
Don't shake it off your thought, because your thought becomes your imagination and your imagination becomes your reality. Stick with it.
Step Three
Setup perfect Marketing Research. Know if your business idea going to be successful or not.
Find out if your business idea going to bloom or not. Here's how?
📌Market research is an important step to validate the assumptions you’ve made about your business persona and also about your future customer needs, and how you can add value to the marketplace.
📌Typeform is an amazing platform where you can create an amazing survey just in 4 steps and you can also collect the email of all the people who might be interested in your product or service.
📌Let's begin what you can do if you want to check your business idea.
👉STEP 1. DEVELOP A BUYER PERSONA - What your buyer wants to buy and what they are looking for.
👉STEP 2. IDENTIFY YOUR UNIQUE SELLING PROPOSITION (USP) - How will your product or service succeed in the marketplace where others may have failed?
Tough question. I know.
However, this is not a small detail you can skip over. It’s critical to your success!
It's very easy. Fill gaps left by your competitors.
Find these gaps by reading customer reviews on Amazon, Appstore, Yelp, Tripadvisor, Fiverr, Udemy, UpWork or the online marketplaces and review platforms where your competitors or related products are.
👉STEP 3. create a survey form using Typeform and send it to as many people as you can, Send it to your FB group and promote it on all social media platform. Tell your audience that hey Guys I am launching this product or service what you think about it or how it will add value to your life. You can add more questions to your survey.
conclusion:- You will not only get amazing results but when you will finally launch that product or service, people will tend to buy because they have been part of the survey and they will feel pleasure if their advice gets included in that product.
It will work like a rumor and if you will not get a favorable result then you will be alert and it will be for good because it is going to save you a lot of money that you were about to invest in your business.
Step Four
Which platform you can choose to get started.
Choose your platform.
Your business either going to be a service or a product. If it is a service then you have started with your own website but if it is any product then you can easily start with one of the above-shown websites.
My favorite is amazon though there is competition as will other sellers but it has a huge advantage, you just need to sell or list a product on amazon, rest it will handle on its own. {Customer care, returns, marketing, feedbacks, email marketing etc}. Apart from this advantage, 85% of people come to amazon first to buy something.
So if your business is product related, you can quickly start on amazon or any e-commerce website you like.
But if your product is service-based, I will suggest you start your business with your own website and continuously work on its marketing through all social media platforms.
Keep promoting until you have 1000 customers after then you can slow down the promotion on daily basis, and then you can focus on branding because there is the entire revenue. Make it your brand.
Step Five
Get your first 100 customers, client, or order as fast as you can.
How you can make 100 sales as fast as you can?
Here is how you have to do it, I told you in my previous posts that you have to create your business aura way before you even launched your product or service.
Let's start with step by step ways to do it.
Step 1 - Get the attention of other big experts (same niche as yours) audience.
Step 2 - Build your social presence way before your business launch.
Step 3 - now I am assuming, you at least have 1000 active followers on your social platform, It could be on Instagram, FB, Twitter etc.
Step 4 - You only need to convert 10% of your audience, so let's get started.
Step 5 - Ask other experts in your niche to give you a shoutout on your product in their feed.
Step 6 - Find at least 10 People who can become your affiliates - give them a 25% commission for each sale.
Step 7- Run a contest in your profile and give away free product, after running your content for at least one day or two.
Step 8 - Make your every customer your affiliate too. After they make a purchase tell them to refer the product to their friend and family and in every sale, give them 50% discount on the next purchase.
Boom, Here you go... Just like that. Step 5 will give you great results, so try it with multiple experts with a huge following.
Try it now and thank me later.
Step Six {Final Step}
Final investment to make to have great success in your business
📌Your Online Business is Nothing but the end product of digital marketing.
📌Before making any big investments, Make the first investment on yourself. Learn everything about digital marketing.
📌Even if you hire a digital marketer, you should know why you are hiring them and how much it going to cost.
📌Digital Marketing is just a bundle of strategies that big successful people use to get more success. They work on all their marketing strategies all by themself and when they finally created an automated or autopilot system of doing marketing-related work, then they hire digital marketers like me.
📌Learning this one high-income skill will not only save you big money but it will also make you big money.
📌So if you want to learn new concepts and strategies of "Digital Marketing". I will always recommend you to have this book as a starter course and then your mind will work in its own capabilities.
👉”Digital Marketing {Book Of The Year}"
If you want to make sales quickly and grow your business to another level, you just need to know all the digital marketing strategy - so much get to know this ebook "Digital Marketing{book of the year}
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