amichalek writes "You're all fired up and ready to go. Enthusiasm bubbles
over - you're eager to start your online business and want
to get going as fast as you can.
Drawn by the promise of quick or easy money, an unlimited
market, and the lure of financial independence, starry-eyed
enthusiasts jump right into the world of ecommerce ...
... And most end up disappearing nearly as quickly. A
figure that's often quoted is that 95% of Internet
businesses fail. It's easy to see when you click on a
website link, only to get the dreaded message "404 Not
Found" - meaning the web page does not exist. Or when
you try to subscribe to a newsletter, only to get your
subscribe request returned because the newsletter is no
longer published.
Here are a few points to consider when you're just starting
out:
Making money online is NOT quick and easy
Talk to any online business person and you'll soon find out
that it's definitely not quick and easy (if they say it is,
they're probably lying!). It's true that the Internet is a
vast market and is growing everyday ... but you still need
to know *how* to tap into that market in order to be
successful online.
Don't join too many money-making opportunities
It's very easy to become overly enthusiastic - the
possibilities on the Internet are huge! But the fact of
the matter is simply this: you only have a certain amount
of time in a day. You cannot successfully learn to make
money with every opportunity. Select one (or at most, two)
that you're confident that you will enjoy, and that you're
willing to put a lot of work into. Concentrate on
generating an income for that opportunity before you
consider joining others.
TIP: Try not to get caught up in the hype. Many
opportunities will make income claims ("You can easily make
$5000 a week"). Don't believe them! No one opportunity is
right for everyone ... and likewise, no one can tell anyone
else how much they can make with the opportunity. This is
something only you can determine.
Don't worry too much about the technical stuff
I'm a big believer in knowing how to write your own HTML.
For those who don't know what HTML is, it's short for
"HyperText Markup Language" - the language used to create
web pages. Knowing how to write your own HTML will give
you control over your website. Learn enough HTML to get
by. The more you practice, the easier it gets. And HTML
is a relatively small part of doing business online (the
bulk of it is learning the art of Internet marketing)! For
the more complicated stuff, you can always hire someone
else to do it for you.
TIP: You can find a great, interactive HTML tutorial at:
http://www.davesite.com/webstation/html/ .
Be professional
Spell check your website. Check for broken links. Answer your
emails promptly. Be courteous. Respond to your visitor's concerns.
In short, provide the best customer service you possibly can -
satisfied customers will come back to you and spread the
word!
Figure out what you want to do - BEFORE you jump in
Don't just throw up a website with dozens of banners for a
bunch of different affiliate programs. Everyone's seen
sites like these; a few banners for Internet marketing, a
couple for finding romance on the web, yet more for getting
travel deals ...
Figure out what audience you're targeting and what types of
products they're interested in. THEN you can deal with
everything else.
Realize that you will have to spend SOME money
Sure, the Internet's a cheap way to do business if you
compare it to the offline world. But like any other
business, you'll need to make some good investments. But
people are people - if there's something for free, we'll
try it. :-) Free classified ads, for example, are hugely
popular. Unfortunately, these free ads are more popular to
the people posting them then to the people searching for
something.
Be smart. Invest in resources that will help you grow and
succeed. Talk to others to get recommendations.
TIP: Join a newsgroup that's focused on Internet
marketing. You'll find plenty of people with opinions on
all types of online marketing. Just remember to be
responsible and follow Internet protocol: if the newsgroup
does not allow advertising (and most don't), then please
don't post ads!
Don't try to learn everything on your own
Plenty of newbies try to learn all about doing business
online by themselves ... and for a few of them, they
eventually succeed - usually after a lot of trial-and-
error, wasted time, and wasted money. For most others,
though, they end up disappearing off the web because they
simply give up.
Free information might seem like a good deal, but when
you're trying to learn, this free information can actually
hold you back. First of all, if you get your information
from various different websites the information will
sometimes contradict each other ("Do banner ads work?" Some
people will swear on how effective they are; others will
scoff that they are completely useless). Secondly, free
information is often incomplete - it's just a very small
part of the whole picture.
Instead, find yourself a good manual. A good manual will
actually SAVE you money in the end by teaching you what
works and what doesn't -- that way, you won't end up
wasting your hard work or precious dollars on stuff that
just doesn't work. Plus you'll be able to start producing
an income more quickly because you won't be wasting time on
useless tasks.
TIP: A great manual for newbies (or struggling
netrepreneurs) is Make Your Site Sell!. Read more at
http://www.buildyourhomebiz.com/myss.html.
Track your advertising campaigns
Not all advertising yields the same results. For example,
if you place an ad in an several ezines, you should track
the number of visitors/sales you get from each ezine.
Similarly, you can place different ads in the same ezine
(running in different issues) and track which of your ads
work best. This will show you which ads and which ezines
are worth your time and money.
TIP: You can track your ad campaign by using The Ultimate
Ad Tracker, http://www.cgitoolbox.com/cgi/uat/index.html .
Try out new techniques
Experimentation is the key to growing your online business.
If one advertising technique doesn't work, try another.
Even if one *does* work, try to improve it. It's easy to
get lazy and just stay with what seems to work ... but for
a business on the rapidly-changing Internet marketplace,
this is a sure way to doom your business! What works now
may not work in the future.
TIP: Make backups of your old ads or web pages. That way,
if your new one kills sales, you can always go back to the
old way of doing things while you work on something else.
Don't give up!
Establishing your online business takes time. Newbies will
often just give up when they don't start making an income
after a month or two. Continuous learning and a lot of
determination are two traits that are required to make
money online. If one thing doesn't work, improve it or try
something else. If you give up too soon, you'll never know
what kind of success you could have enjoyed - if you'd only
stuck with it a while longer.
Choose to work hard and succeed!
ABOUT THE AUTHOR:
Angela is the editor of Online Business Basics,
a newsletter for eBusiness beginners. OBB features ongoing
tutorials on how to build a profitable Internet business
*without* spending a lot of money. Subscribe today and
get '101 High-Profit Businesses You Can Start on the
Internet', absolutely free! For details, visit
http://www.onlinebusinessbasics.com.
"