We’ve all dreamt of having our own business or got sucked into tutorials of creating businesses for passive income from drop-shipping. It all sounds nice and tutorials make it sound very easy. But in reality, there is a lot of hard work involved.
I’m going to explain the most important 4 steps for starting a successful online business.

Product & Services

The first step before selling is finding a niche. Are you selling something that not many people are selling? You need to find a product or service that you are familiar with. For example, if you’re into building computers, you can sell computer accessories or computer building kits. The reason you want something you’re familiar with is search engine optimization (SEO). There are many steps for successful search engine optimization. One of those steps is authority. What better way to tell people that you know what you are talking about than by creating tutorial videos. You can create tutorials explaining how to build a computer using your products.

Pricing

Although we want to make a lot of money, it takes a lot of research to know what we should charge for our products or services. Research your competitors. Look at the prices of their products/services and prices accordingly. If your prices are too steep, no one would want to buy from you when they can just buy it from the next business. And if you did your research on your niche, you may be free to charge as much as you want.

Website

If you don’t have the correct website or eCommerce store, the above does not matter at all. All successful eCommerce stores are customized specifically for the products or services, brand, and identity of a company. Make sure you have the correct website for your business. Your website should be easy to navigate. It should give users great shopping experience.

Traffic

Bringing traffic to your website is a tricky thing. There are a lot of things that go into it. The most important things you need are a blog and social media profiles.
The best way to use a blog is to teach and share thoughts about your industry. Blog posts go perfectly alongside video tutorials. They are also perfect for those who have disabilities pertaining to harsh lights (ex. videos).

 

 

Resources: