Wednesday, October 29, 2008

4 Step Guide on How to Make Money Online

Remember that there isn't such thing as a Get Rich Quick opportunity. Everything you earn, especially at the beginning is going to be earned through hard work. To be successful, follow these four steps:

STEP 1: BUILD A WEBSITE
The first stage in building your site is deciding what the website is all about. So before you begin make sure you ask yourself these questions.

- Why do I want a website?
- Will I sell products on my website?
- Who will be my target customers?
- How much am I prepared to pay?
- Will I be doing it myself?

Once you have a general idea of what you want from your website you can then move on to the second stage of registering your domain name.

There are quite a few things to consider when registering a domain name. Think well about your domain name. If possible it should have the most important keyword you are targeting in it and it should be short and catchy that people can remember it. Don't use domain names that are too long. Yes, you can register domain names up to 63 characters long, but that doesn't mean you should use all 63 characters. You want your domain name to be easy to remember. Like for example, 88shoppe.com or techtoy88shoppe.

Once you make a website you will need to find a company that serves as your web host. There are many, many websites out there that offer you web hosting and domain registration services.

GoDaddy.com #1 Overall Best Registrar. I recommend Go Daddy because it has become the world's #1 choice for domains by providing innovative, competitively-priced products, delivering the highest quality customer service, and by always appreciating and listening to its customers.

Now that you already have a registered domain name, it's time choose how you're going to build your website. There are a lot of different options when it comes to making a website. Are you considering hiring a web designer or building it from scratch or using an online website builder?

If you're wanting to make a website from scratch or use a free website template you're probably best suited for a full What You See Is What You Get (WYSIWYG) editor. The popular choices for this are Adobe Dreamweaver, Microsoft FrontPage, or CoffeeCup which is free. These options will give you the flexibility to do pretty much anything you'd like to do.

If you're not interested in learning about HTML coding, the best bet is to go with an online website builder. These are online tools for creating free websites and profitable Web businesses. The only problem is that you lose some flexibility in regards to the site. Listed below are some of the top online website builders.

Site2You- is a user-friendly advanced website builder that lets nearly anyone create and handle a successful website quickly, and at a great price!

SHOPMANIA
- Build Your Own Online Store Completely Free

BUYITSELLIT- Free online eCommerce

BLINKWEB- This is a very simple point and click method to creating a website or sales letter fast!

BUILT 2 GO- Instant turnkey websites

Template Tuning is a web templates Customization Company which converts pre-designed web sites (web templates) purchased into your unique Internet projects (web sites).

FREEWEBS- Users are given an initial free 40MB webpage and 500MB of bandwidth monthly with options to upgrade. This is a great choice for people who have never started a website. Freewebs online editor makes it so easy you can get a website online within only minutes!

STEP 2: CHOOSING A NICHE PRODUCT OR SERVICE TO SELL:
Niche marketing is the method of focusing on a specific portion of an industry or service that is not being addressed by mainstream providers. The idea is to focus on a product or service that most companies aren't actively pursuing. The demand may not be as high but it's a market that'll allow you to compete without the large marketing budget.

To create a profitable business for your niche product, you need to ask yourself these questions:

a) Is there sufficient demand for my product? if you choose a product name that is too broad it may be difficult to stand out from the competition. For example, Jewelry Store is your niche product. Well, unless you are a large corporation, you won't stand out from the crowd. However, a more highly targeted niche product could be magnetic hematite pearl jewelry.

b) Who will most likely use my product or service? Young people, old people, women, men, other businesses, businesses in a particular industry, beauty saloon owners, or someone else entirely. Remember that you need to be specific. It's crucial to make a primary lists of people you think would buy your product/ service and another list for your target markets.

c) What makes my product special or unique? Why are customers choosing my product/ service? To do this, identify your product or service's features and benefits. A feature is a characteristic of a product/service that comes with it. While features are important and can certainly enhance your product, benefits motivate people to buy. By knowing what your product/service has to offer and what will make customers buy, you can begin to identify common characteristics of your potential market.

d) Website Keyword research- by using website keyword suggestion tools such as the Google Keyword tool or wordtracker it helps identify keywords and phrases that are relevant to your business and most likely to be used as queries by search engine visitors related to your niche product.

e) Research your market- do a market research study. Study your niche competition to find out what makes them stand out from the crowd. Then be creative and innovative in deciding on something that will make your business unique from the others.

f) Make a survey- this is one of the most effective marketing strategy around. Through this you can better understand your customers' needs, improve products and services accordingly, build customer loyalty, expand your customer base and better fulfill your potential.

STEP 3: PROMOTING YOUR WEBSITE:
Now that you have created the best website on the internet, it's time to market your site to be known in the entire web. Having the best website created on the net is useless if no one knows about it. You may have the best content in there but if you don't work on promoting it, your efforts go to waste. As you have invested time and money in the site, promoting it certainly makes sense. The site will not achieve the aims hoped for if the target audiences do not know it exist there and are not often reminded of it. In order to be successful you will have to promote your website aggressively! Remember that this is time consuming but this is the only way to make your site well known. Remember to post only to those sites that have related content to your site. Here is a list of things you should do to promote your website: (you can add something).

- Submit your website to as many search engines as you can.

a) Linkreferral
b) Google Add URL
c) Yahoo
d) Submit Express
e) MSN URL Submit

- Join a Banner Ad Network.
- Make a blog about your website
- Reciprocal link exchanges
- Place on FREE Classified ads
- Submit to FREE relevant Links
- Use free e-mail lists that are "opt-in" but never spam!
- Join Forums

Always seek out new ways to promote your site and always take advantage of FREE opportunities. There are lots of site where you can post freely.

STEP 4: FIND OTHER SOURCES OF REVENUE:

Once your website is already established and you have promoted it to the point where it is successful, you will want to take advantage of other opportunities to increase your revenue on the internet. Like listing some of your products at internet online store or starting another website store/ blogs. Even better, target a specific group of people and offer your products and other stuff for sale. For example, you could have a store for baby clothing, children party, or pet owners and many more. Think of something that is not common to general public. Do a research and study it. Don't just do what everyone else is doing. You will see at the end of the day, you will reap the rewards of your hardwork. Success comes naturally to those who not only want it, but who strive hard and go for it.