Some major things should be known who is wanted to start an online business. Therefore some important things are given here which are helpful for starting online business;
1. Start with a plan
If you don’t know where you’re going, there’s a good chance you will not get there. You need to have goals, create milestones and have a strategy in place to set yourself up for success. Setting out a clear plan of why as well as how and when, before you start will save you a lot of pain, expense and possibly even relationships further down the road. It’s ok to change your mind along the way - a good plan will grow and change as you progress and as your idea improves and is refined.
2. Know your customer
This may sound obvious but too many people launch their new online business before they have clearly identified who their ‘real’ customer is and how to reach them. Research, research, research – I can’t say it too many times. The more you know about your potential customer the easier it is to talk their language and answer their need. Don’t assume you know.
3. Secure your domain name
If possible do this before you finally decide on the name of your new . Always make sure your domain name is available across all the social media channels you need to reach your customer base. This will give a consistency to your new brand, eliminate confusion in the mind of your customers and help spread the brand name and recognition.
4. Don’t waste time on things you should not be doing
‘To Do’ lists are fine but, if you’re not careful, they can become your worst enemy. They are too easy to add to and are a constant reminder of everything you haven’t done yet. “So often people are working hard at the wrong thing. Working on the right thing is probably more important than working hard.” I would recommend making a ‘Un To Do’ list and stop wasting your precious time. Every task on your list comes at the expense of something else – a new opportunity. This is especially true if you are doing all the tasks of starting up your business yourself. When you first start your own business and budgets are tight or non- existent, the chances are you are doing everything yourself (bootstrapping). You’re doing the research, the product development, the planning, the website build, the photography, writing the content, doing the press releases, finding suppliers, finding customers, networking, trying to build a social media following… the list is endless.
5. Don’t assume ‘if I build it they will come” – they won’t!
There are over 1 billion websites on the world wide web today. That is up from 1 website back in 1991. That is a lot of websites competing for attention. How is anyone going to find yours? And why should they anyway? Be patient. Building an audience, a community, a loyal following and a customer base takes time. It will not happen overnight, whatever some people say. an online following before you launch your new business. That way, by the time you are ready to launch you will already have the beginnings of an interested audience to present your new product to.