Archive for

How To Become Self Employed In Online Business

Why Online Business?

Starting an online business or making money online has been quite a trending topic over the past few years and the leading choice for aspiring entrepreneurs. Why? Simple… online income (passive income) is virtually bullet proof. It cannot be adversely affected by a recession, a sluggish economy and it offers job security. Note: The learning curve for how to become self employed in online business can be pretty steep if you are the all or nothing type. But learning the basics of building and operating a small scale operation on the internet is an easy task.

An online business is much easier to get started because of the low cost of getting things rolling. Many successful online marketers have even built their businesses with practically no investment at the expense of only their time, a lot of time! Not exactly the route I would recommend. But it is very possible if you have a $0 budget.

Goals

Your ultimate goal in online business or any business is to make sales. In order to succeed and generate profits from your business, you have to promote your products or services to a targeted audience. A successful online business follows a strategic plan of action. No doubt, great ideas will rise to the surface often when working your online business and this will get you side tracked. I call it IMADD (Internet Marketers Attention Deficit Disorder). This is where you need to exercise discipline. Instead of chasing every thought that comes to mind, just put all your awesome ideas on a note pad and store them for future projects.. This will make things a lot smoother and you will stay on track without any distractions. This is a common practice among seasoned marketers.

Getting starting with affiliate marketing in online business is probably the easiest method for generating income online. There are hundreds of affiliate programs that you could join, like “ClickBank or Commission Junction” and start making money right away promoting other peoples products or services. Again, this is one of the best and fastest ways of how to become self employed in online business.

How Does It Work?

As an affiliate, it is your job to line people up with what they are looking for. Help them to solve their problems. And when a purchase is made YOU MAKE COMMISSIONS!!! All from other people’s products or services… How cool is that? However, before you begin any online marketing campaigns there are a few things to consider.

Start Up Cost

I’m sure you’ve heard the expression; “It takes money to make money” “Right?” Well that is an overstatement when it comes to starting an online business. You will need to go to a domain registry like Go daddy and purchase a domain name (around $10). The forwarding feature within Go daddy is pretty simple to use. Try not to over complicate things when choosing a domain name, but it should be relevant to the product or service that you plan on promoting as an affiliate.

Once the domain has been forwarded and pointing to your chosen product sales page, you are ready to “ROCK” and earn commissions. Promote your new web address on relevant forums and article directories. And to really get things moving and go viral, use classified ads such as Craigslist and Social Media like Face book… You don’t have to worry about the processing of payments or shipping. This is all done by the Product Owner… This is just one of the many ways of how to earn income in online business.

Promoting Your Web Design Business With Local Business Directory Listings

A constant flow of customers is the lifeline of any business, new or established. However, getting new clients on a consistent basis is quite a challenging job. It is even more difficult when your business belongs to a highly competitive industry, such as web design.

The internet offers several ways to find business globally and locally. One of these is the local business directories.

The tips given below can help you make effective use of these directories for promoting your web design business:

  • Choose reputable directories to become a part of: A number of business directories are out offering their services on the web. Some are global directories, while others index local businesses. You must exercise good discretion while selecting the directory in which you would be advertising your web design business. Since a majority of business tends to be generated locally, it makes smart marketing sense to get listed in a popular and reliable local business directory.
  • Select appropriate category and relevant keywords: To maximize your business gains from the directory, make sure that you get it business listed under the most suitable category. Your prospects will be searching across the directory on the basis of their location and the services they need. Your business profile will be visible to them only when you have used the right category and incorporated the relevant keywords.
  • Maintain positive ratings & reviews: The customers are seen to prefer local business directories that have a provision for customer reviews or offer a business rating system. Your web design business can build a great image for itself in the local market by doing everything to earn and maintain positive ratings and customer feedback.
  • Build positive image with impressive profile: Your web design business stands to gain the most when you get it listed in a local business directory that includes the maximum possible information about your business. This gives you the opportunity of highlighting your strengths and reaching out to your customers effectively. Make sure that you put out a well-written business profile that makes an impact on your customers and convinces them to do business with you.
  • Include website link for SEO benefit: You must make sure that your directory listing includes a link to your business website. This helps in bringing the interested prospects instantly over to your site and also helps in building good back-links that are highly rated by the search engines. Your business will also gain by the resulting improvement in the search engine rankings.

Thus, the local business directories are a great tool for becoming visible in your local market and taking your web design business to the heights it deserves.

Adding An Additional Income Stream To Your Business

When considering when to add additional income streams in your business, timing is critical. And, the right time depends on where you currently are in your business.

Before adding additional income streams to your business, you need to really focus and hone in on the one thing you’re uniquely good at, or the one thing people know you for the best. When you get to that point is when you should be thinking about what’s next. Before you’re clear about these things, it would be premature to think about adding an income stream to your business, as it would more than likely fail.

As you evolve in your business, the next income stream will become clear and apparent.

When deciding on what’s next, it’s important for you to consider income streams within the core area of your business. It’s not logical to think you can add additional streams of income in different business areas especially if you’re new to business as a whole.

For example, if your core business is Information Marketing, it’s probably not reasonable to start in the real estate business and then add stocks and bonds to that. You probably won’t be able to concentrate fully on three completely different business areas at the same time, and do them all well.

A more effective strategy is to take your core stream of business, Information Marketing, and look for ways to add additional areas of income within that core area.

So, with Information Marketing as an example, you might start with a particular product and build your business with a video or audio course that you sell online. As that grows, and is successful, you can add direct mail to your services. As you perfect those areas of income and they begin to run smoothly and make money, you can add coaching services, or a done-for-you service, then maybe event planning, and so on. Each of these areas within Information Marketing is an additional income stream to your core business; however, they are an extension of your core area, and not a completely new area of business.

Concentrate and hone in on each of these areas and build each one to the point where it’s running smoothly and making money before you add the next piece. Focusing on a few additional income streams within your core business is the key to building your six and seven figure business.