Successful small-business on the web
By
Tim North
info@betterwritingskills.com
http://www.BetterWritingSkills.com
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Don't
expect it to be easy, though. Making money on the
web is (and always was) hard work. This article discusses
how to avoid the many pitfalls that await you.
Choose
your field of battle
--------------------------
If
you're looking to make money from the web, there are
four main offerings that you can provide:
1.
You can sell physical products like books, videos
or CDs.
Clients visiting your web site order these online
using credit cards. You then post out the products.
2.
You can sell online products like software, e-books
or subscription-based newsletters. Clients can purchase
these online using credit cards and then immediately
download them.
3.
You can advertise in-person services in which you
meet face-to-face with your clients. Such services
include accountancy, plumbing, gardening etc. Clients
then pay in-person, not online.
4.
You can advertise online services for which you
don't need to meet the client, but can deal entirely
via e-mail; e.g. proofreading.
The
first step to making money on the web thus requires
you to choose which of these offerings you plan to
provide. You may decide to specialise in a single
one, or you may try to cover all four.
Find
a niche
------------
The
days when the Internet was considered new are long
gone.
Current estimates are that there are several hundred
million computers hosting web sites and many billions
of web pages. It's almost certain that whatever product
or service you're going to sell, a lot of other people
are selling it too.
A
remedy for this situation is to specialise.
Find
a niche that's little covered. For example, if you
wanted to sell music, you might specialise in Australian
music or even Australian country music.
By
doing so, you're lessening the size of your audience,
of course, but you're also lessening the number of
people you're competing with.
The
trick is to find a niche that will have a large enough
audience to sustain you yet is specific enough that
you have few competitors.
Achieving
success
------------------
Having
decided what products and services you want to sell
-- and researched how much competition you'll have
-- there are still a few major hurdles remaining:
1.
If you're going to be selling online, you'll need
to be able to accept credit card payments.
2.
You'll need to be able to set up a web site.
3.
You'll need to be able to market it effectively.
It's
beyond the scope of this brief article to cover credit
card payments in depth, so I will only mention my
own experience and say that I have found Digibuy to
be very a reliable means of accepting online credit-card
payments.
http://www.digibuy.com
Services
like these allow you to accept credit-card payments
without having to set yourself up with a merchant
account. Of course, if you already have a merchant
account, your bank can provide you with more details
on how to use it to accept online payments.
Good
luck and best wishes with yor new venture.
You'll
find many more helpful tips like these in Tim North's
much applauded range of e-books. More information
is available on his web site, and all books come with
a money-back guarantee. http://www.BetterWritingSkills.com
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