How to Start an Online Business (a simplified Outline)
Most people have almost been brainwashed into thinking that the only way they can earn money is to work for someone else…Yes, this was perhaps true a generation or two ago, but with the arrival of the internet and automated technology, ANYONE can start up their own business and make huge amounts of money online. Here is a diagram depicting a simplified process of accomplishing this.
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Decide the type of
business that you want
Build a Website/Blog
Monitize the Blog/Website
Get Traffic
There are many hosting companies to choose from (ex., Wix.com, Wordpress.com, Blogger.com, Yahoo.com, and Godaddy.com). I recommend wix.com because of the many features and ease of use.
One of the easiest and most effective ways of “monetizing” your Site is to join an “affiliate program” and place their “links” and/banners on your website. Many stores (such as Advanced Auto Supply Stores, Walmart, Victoria Secret, etc.) have affiliate programs already…They have also already created their links/banners… Once a visitor to your site “clicks” on a particular item and “buys” it, you get a commission added to your account.
A Site with no traffic is like a store with no customers!
A. Decide the type of business that you want. Click here to see a winning strategy and then click here to see a 1000 Best Affiliate Marketing Niches (in the year 2021-22).
B. Build a Website/Blog: There are many hosting companies to choose from (ex., Homestead.com, Wordpress.com, Blogger.com, Wix.com, Yahoo.com, and Godaddy.com). I recommend Wix.com for this moment. Click here for additional info on wix.com. Here are three tools one needs to create a profitable online home business:
1. A domain name - The domain name is like the signboard for your shop. It is the place people will go to
find your business. Additionally, choosing a good domain name will help ou brand your business as well
as make it easier for others to find your business online. For our example, we will call our domain name
jewelryandwatchshowcase.com. (Go to a site like Godaddy.com to check whether or not the name
is available). The official domain name will be https://jewelryandwatchshowcase.com.
2. Website hosting - Website hosting is required for you to store your files (which make up your website)
online. It is essentially the "physical shop" of our online business. For this example, I recommend that
you sign up for a FREE hosting account with wix.com. If you choose to create a website (for example,
Jewelry), the actual domain name (with a wix.com account) will be https://jewelry.wixsite.com.
You can also upgrade your account (if you like) at a later date, causing the .wixsite part to be dropped
from your website name. You may say, "What about the domain jewelryandwatchshowcase.com
which I really like?" Don't worry. Anytime you are ready, that domain can be made to "point" (this is
called "domain forwarding") to the name that was used in your wix.com account. Thus, when anyone
invokes the domain name https://jewelryandwatchshowcase.com, they will automatically be
taken to your newly wix.com account. Whether you are registered with wix.com or some other hosting
company, your desired domain name can always be "pointed" to where ever your account may be.
3. Credit card or online payment processor - Any online payments are done easily using payment
processors. The payment processor company will "eat" a small percentage for each transaction, but it
offers a simple and secure way to perform transactions online. I recommend getting a FREE business
account at www.paypal.com. There are no "credit qualifying requirements" that must be met in order
to get a paypal account. This is what allows you to accept various credit cards that your customers
may use to purchase from you. To put it simply, having a paypal account is what allows you TO GET
PAID for services offered through your website. As your website become more complex and you
become more advanced with your business, you may employ other tools (such as email marketing, etc.).
But for now, this is enough to get you started and allow you to have a very, highly profitable website.
C. Monetize the Website/Blog: One of the easiest and most effective ways of “monetizing” your Site is to join
an “affiliate banners program” and place their “links” and/ on your website. Many stores (such as Advanced Auto
Supply Stores, Walmart, Victoria Secret, etc.) have affiliate programs already…They have also already created their
links/banners… Once a visitor to your site “clicks” on a particular item and “buys” it, you get a commission added to
your account. Click here for an example.
D. Get Traffic. A Site with no traffic is like a store with no customers! There are two types of traffic: FREE traffic and PAID traffic. Starting off, you may want to learn as many "free traffic" methods as possible. Click here to see "42 Ways to Get FREE Traffic"
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