6 ways to build a solid online or offline business

bydonmikel123

779 followers

Updated 10 years ago

Thinking to start a new business online? The same is the case with me. Look out how I planned to do it.

RESEARCH
BUILD
MONETIZE
GET TRAFFIC
OPTIMIZE
AUTOMATIZE

THINK OF IT THIS WAY!

1. Research:

I (you) have lots of good ideas in my head but I want to be sure that these ideas have a problem they are solving or a service they are providing. How do I know this? Well, practically everyone reading this has done or is doing keyword research. Keyword research is one way I found astonishingly effective for niche or any kind of business research. I say this because It shows you not only how effective a market is but also what competition awaiting you if you take that part. There are lots of articles here in WA that treated keyword research in dept.

2.Build

I have finally fine-tuned my passion/idea into a solution/service/action provider. I have done my keyword research to find out what direction the market swings and how large and profitable the market is. Now is the time to build. One good thing about online business is you can start with less than $50. Just for your domain and hosting. What you earn from your affiliate program will take you a long way depending on how effective you are. While you build, try to keep in mind possible future expansion. With this in mind you will insist on building a highly scalable business no matter how small it is.

3. Monetize

The essence of building up a business is profit. Yes, it may well be your passion but you turned it into a business in order to benefit from it. Once again, you can join an affiliate market . Here are few of the best ones

1 Commission Junction

2. Clickbank

3. Wealthy Affiliate Premium

You can also search the internet for many other affiliate companies.

4. Get Traffic

The best way to get traffic to your site is by writing superb contents and by paid adverts. Facebook has one of the most effective targeted advert of these days. Apart from advertizing on facebook, you can also share among your friends, that is where having an eye catching content plays a vital role. If you write nice contents, then your friends will share among their friends and it could go viral. You can also use other social media like twitter, pinterest etc to funnel traffic to your website. You can also join Wealthy Affiliate as a premium member. At wealthy affiliates, you have the opportunity to interact with more than 300000 members. You help others and they help you too. With the help of their traffic, you can easily get ranked high on Google and so get seen by more than 2billion searchers. You can even get traffic by mouth referral.

5. Optimize

When you have had your website or online business for a while, you will be able to know what works and what doesn't. You at this point optimize what works and either remove what is not working so well or improve the areas that it is lacking. If it is your advert, you at this point know which one brings you more traffic, scale it up and change the ones that are not capturing more traffic.

6. Automatize

When you have run your online business or offline business for a while, you will make profit through some tested ways. When you can repeat these ways and still make similar or more profit then, it is time to try to put it in an autopilot. Automatize it so that you don't have to be present all the time in other to make profit.

There are many products out there to help you to put your business in autopilot but you can also develop yours.

How do you develop your own product?

Well, you do not have to be a specialist. All you need to do is to have the concept of what you want. When that is formed, you can outsource it. Out sourcing means hiring people to do jobs for you while you do other things that only you are better at doing .

You can check these outsourcing companies:

1. oDesk

2.Elancer

3. Freelancer

I will rest my case here for today.