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Nairaland Forum / Nairaland / General / Business / 7 Things You Should Do When Starting An Online Business (7647 Views)
3 Common Mistakes People Make When Starting A Business / 7 Mistakes To Avoid When Starting An Online Business / 8 Mistakes I Made Starting An Online Business In Nigeria That You Should Avoid! (2) (3) (4)
7 Things You Should Do When Starting An Online Business by homeprofitmaste(m): 7:38pm On Apr 12, 2017 |
Starting an online business is an altogether complicated thing to do. Many have failed because of the inability to cope with the ups and downs, attributed to a lack of foresight and planning. To have a better shot at success, here are 7 things you should not do: 1. Do your homework. When starting an online business, preparation is crucial. Think of it like cooking: you start by preparing your ingredients. How do you decide on what ingredients to prepare? It's through research. Without doing any research, the consequences that await you are dire. Research who your customers will be, your product, and what people are willing to pay for your services. Give yourself a good start by preparing before the real business begins. 2. Plan with data Do not plan unless you've done your research thoroughly and gathered data. You need to have sufficient data before you can even start to make out a plan. With data, you'll be able to come up with a recipe for success that will likely work - and sell. 3. Worry about the money Money is what sustains a business, and without it you'll never be able to make your business stand up and. In business, there is always a chance that you'll run out of money before you can even make a profit. Plan out your financial goals in advance, don't wait until it's too late. Have a safety net or contingency plan already prepared in case something happens. 4. Setting the price right Sometimes when you're desperate in selling, you'll set the price at a very low cost. This is something you must avoid, for this means the business is not working. Do not undervalue yourself. Set the necessary price to be able to make a decent, worthy profit. 5. Have a friendly, catchy domain name Your domain or web address is an important tools for online businesses. Your customers' first impression will rely heavily on how your website looks and works. You must have a simple and clear navigation so that your customers can browse leisurely. Also, another important thing is to ensure the web hosting of your website. Choose a trustworthy host to avoid downtime. 6. Consider SEO and branding, and being active on social media. Make your online business work by generating massive amounts of web traffic. Even if your product is great, without search engine optimization (SEO), it will be buried by thousands of websites. You must be active in major social media sites as well. This means advertising and cultivating brand awareness. Facebook and Pinterest are good places to start. 7. Value Customer service and experience. Remember customers are looking a good buying experience as well a good product. Interact with them, and answer their questions promptly. That can be through chat, e-mail, telephone, or surveys. Make them feel welcome to share their concerns. In all likelihood, they will return to your website. 4 Likes 1 Share |
Re: 7 Things You Should Do When Starting An Online Business by Absa: 7:32am On Apr 13, 2017 |
I don chop FTC na Godwin!!!! 1 Like |
Re: 7 Things You Should Do When Starting An Online Business by tochivitus(m): 7:32am On Apr 13, 2017 |
u forgot to add perseverance and prayer 2 Likes |
Re: 7 Things You Should Do When Starting An Online Business by tstx(m): 7:32am On Apr 13, 2017 |
What about an Offline Business? 2 Likes |
Re: 7 Things You Should Do When Starting An Online Business by veekid(m): 7:32am On Apr 13, 2017 |
7 is correct |
Re: 7 Things You Should Do When Starting An Online Business by overhypedsteve(m): 7:33am On Apr 13, 2017 |
with Stevezuks webs inc. you can rest easy and watch us build your online business for you |
Re: 7 Things You Should Do When Starting An Online Business by friimarket01: 7:33am On Apr 13, 2017 |
setting up an online business is way cheaper than setting up an off-line business. that why i keep advising people to take this direction. check out my signature if you are interested in setting up yours or if you need advise on how to go about it. 2 Likes |
Re: 7 Things You Should Do When Starting An Online Business by overhypedsteve(m): 7:33am On Apr 13, 2017 |
building an online marketing strategy is different from an of-line strategy, you will need the best advice you can get unless your expensive website will jist be sitting there, nobody will have its time. |
Re: 7 Things You Should Do When Starting An Online Business by Horlawale1(m): 7:34am On Apr 13, 2017 |
7. |
Re: 7 Things You Should Do When Starting An Online Business by iraborosasu: 7:34am On Apr 13, 2017 |
Pray For God's Direction too 1 Like |
Re: 7 Things You Should Do When Starting An Online Business by paskyboy: 7:34am On Apr 13, 2017 |
Okay |
Re: 7 Things You Should Do When Starting An Online Business by Ezedon(m): 7:36am On Apr 13, 2017 |
OK that's good |
Re: 7 Things You Should Do When Starting An Online Business by Nobody: 7:36am On Apr 13, 2017 |
NOTED |
Re: 7 Things You Should Do When Starting An Online Business by Princess4ng(f): 7:36am On Apr 13, 2017 |
Lol.. Online business.. Does it really pay Just asking though |
Re: 7 Things You Should Do When Starting An Online Business by Osasnidas(m): 7:36am On Apr 13, 2017 |
jeez all this mod self.. my 4th fp today |
Re: 7 Things You Should Do When Starting An Online Business by 3RNEST(m): 7:37am On Apr 13, 2017 |
Dope thread, online business pays... |
Re: 7 Things You Should Do When Starting An Online Business by itiswellandwell: 7:39am On Apr 13, 2017 |
Nice one Are you a student? The link below might be of interest to you. Check it out. https://www.nairaland.com/3657298/low-start-up-capital-business/4 |
Re: 7 Things You Should Do When Starting An Online Business by anitasoll(f): 7:40am On Apr 13, 2017 |
Princess4ng: Hi there, I see that you are quite skeptical about the whole online business thing, but IT REALLY PAYS! It can even pay more than working from 9 to 5. I can tell you this because I am a living proof of that. With having an online business, there's no need for you to leave home anymore or compromise your personal errands. Also, with having an online business. You can work anywhere in the globe. I'm not kidding If you want more details on how online business works, and how to make it work for you, send me an email request. I'll be glad to help you. Have a great day! 1 Like |
Re: 7 Things You Should Do When Starting An Online Business by noetic5: 7:41am On Apr 13, 2017 |
yet another crap |
Re: 7 Things You Should Do When Starting An Online Business by sholatheblogger: 7:43am On Apr 13, 2017 |
love it people are now coming into the online business world if you need to know more about how to make money online,tech updates and blogging tips just click the link below NoblesHub to keep you updated |
Re: 7 Things You Should Do When Starting An Online Business by lfleak: 7:48am On Apr 13, 2017 |
friimarket01: overhypedsteve:keep deceiving yourself... |
Re: 7 Things You Should Do When Starting An Online Business by Welcomme: 7:49am On Apr 13, 2017 |
anitasoll:Adewalep4@gmail.com |
Re: 7 Things You Should Do When Starting An Online Business by mavinhakeem(m): 7:55am On Apr 13, 2017 |
@OP, U forgot to add Prayer, cause thats the major key |
Re: 7 Things You Should Do When Starting An Online Business by Sanuzi(m): 7:59am On Apr 13, 2017 |
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Re: 7 Things You Should Do When Starting An Online Business by DoyenExchange: 8:05am On Apr 13, 2017 |
Good piece |
Re: 7 Things You Should Do When Starting An Online Business by queenfav(f): 8:09am On Apr 13, 2017 |
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