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Rabu, 23 Juli 2008

The Basics of Starting an Online Business


Starting an online business is definitely easier than starting a brick and mortar one, but this does not mean that starting an online business is either easy or simple. One needs to plan just as much, if not more for a starting a business online, and then trying to make a success out of it. In fact, it is tougher than building up a successful business in the real world. Given below are some basic points that you need to keep in mind when starting an online business.

Plan Before You Act: A detailed business plan is extremely necessary no matter what kind of business you are planning to set up. So put your mind to work on a business plan that encompasses even the minutest details of your operation. Always remember that the more you plan, the easier it will be to implement and put your business on track. A business plan should be able to give approximations of total outlay, sales and profits for at least the next three years in order to give you a clear idea of whether it is going to be worthwhile setting up an online business or not.

Hire A Good Web Designing Firm: If you want your online shop or firm to look professional, then it is advised that you get professionals to design and launch your site until and unless you are an expert yourself. A good web design firm should not only be able to design your website, but they should also be able to handle your domain name registration, your web hosting needs and any enterprise management software that you might require in order to run your online business smoothly. It is important that you communicate your ideas well to your web designers, so that you get a website that is as close to your imagination as possible.

Keep Internet Speeds in Mind: One very important thing that many people ignore while trying to create a good looking and flashy website is the speed with which the site will load on to a customer’s computer. In case you are targeting only those customers who have access to a high speed broadband internet connection, then using flash features, audio, video and animation on your website makes sense. However, if your customers will be accessing your site through a dial up or GPRS modem, it is advised that you keep the site simple. If your website doesn’t load quickly, you might end up losing customers who will go on to buy from a competitor whose site is more easily accessible.

Make Your Customers Find You: The most important part of starting an online business is getting customers to your website. You might have the best looking website with the best products and the best prices, and still end up getting no customers at all. To get customers to your website, you should be within the top twenty search results for your products on major search engines. Advertising on related websites and search engines also leads to generation in customer traffic. Make sure that the web design or hosting firm that you have hired for starting your online business manages to get you a good search engine ranking by cleverly using back links, keywords, SEOs and strategically placed ads on other web sites.

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