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Getting Started In The Internet Business
Posted by B2B on: 2006-04-05 10:50:41
Getting Started In The Internet Business
Kathryn Wozniak
Ok. So you've been toying around with the idea of working from home and working on the internet for awhile now - haven't you. Think your ready for the plunge? Have you thought it through? Have you done your homework? Yes - I said homework!
There are several options in working at home. Today we're going to cover working from the internet. So how do we get started? Is it going to take all of my money? Is it going to take so much time I'll have to quit my job? What if I loose everything?
What if you don't?
Beginning any kind of business whether it's a brick & motat store down the block or a website on the internet takes careful planning, research, training, money and time to do it right. You wouldn't expect to open a store in a mall for nothing would you? You wouldn't just close after a couple of weeks - would you? You wouldn't expect customers to find you by magic - would you? Of course not.
The first thing you need to do is decide what type of store/site you want to have. Do you already have a product in mind? Do you want to promote a service or possible an affiliate program?
Once you've decided this you need to do your research. Find out everything you can about the product or service you want to offer. Look at the competition and find out if you can really compete. Make a business plan and set aside certain amounts for such things as advertising, product costs, computer costs, shipping, taxes, employees, etc.
Set goals. Where do you want to be in a month, in three months, in a year, etc. Keep those goals in mind as you figure out what you need to do to reach those goals.
Now about your website. Are you going to do it or pay someone to do it. You will need web designing software and an internet host. You will need to buy a domain name and get an email strictly for customers and business needs.
Are you accepting credit cards? You will need a processing company. What about shipping? Are you going to ship products or are you dropshipping them? What company will you use? What about shipping overseas? If you are a service - is your product going to be sent over the internet?
How are you going to handle customer complaints and refunds - you will have those - you know!
How have your competitors handled these questions? How much is this going to cost? Those are all answers you will need to find on your own - that's your homework.
These few things will help your online business to become a great success and also provide you with peace of mind knowing that you have thoroughly thought about and planned for the opening of your online business.
One final thought - just because your 'store' is online doesn't mean that you don't really have a business. Treat your business as you would a brick and mortar store and others will too. Remember you are a professional. Building a serious business won't happen overnight but it can happen! Best of luck to you.
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