The 1-2-3 Steps To Making Money Online!"By failing to prepare, you are preparing to fail." Benjamin Franklin (1706-1790) Starting a new e-business can be very daunting. I know I started one over 4 years ago But lets look at it in an easy step-by-step outline. The first thing you need to do is ask yourself, ‘Self, am I really interested in taking the time, and more importantly, money, to build a business on the Internet? You really should understand that anything worth achieving comes with a price tag. I don’t mean to discourage your efforts, just the opposite, with more people joining, competing and participating in this great new frontier of e-commerce, will make it a more robust and financially rewarding industry for everyone. OK, so you are willing to spend the necessary hours per week and $100’s, if not $1,000’s to build a SUCCESSFUL, LUCRATIVE e-business. Many are willing to spend the time, but not the money and look to do it without spending anything ;-) (You can almost start making some money with no investment, but it will be short-lived). 1. You need to decide what you would like to sell. Yes, sell. I know it is a dirty word to many of you, however you can’t make any money without selling something. Find an interest you have, something that you feel passionate about…music, teaching, fashion, stocks, cars, and collectibles… Do a search to find the supply/demand. Go to AltaVista.com, Google.com or another search engine and search for the word or words of your intended products (s). Say you are interested in setting up a music store. There are 7,899,289 pages found for music stores (these are real numbers). There were 12094 searches done for music store in Jan. Now do you think you will be profitable with a music store? Unlikely - too much competition. You need to brainstorm a ‘niche’. Find keywords that are related to music stores but aren’t so general…say, musical instruments that were searched for 40,287 times and have 2,737,317 pages found at AltaVista.com. This is a better concept, not great though. It has a lot of demand, but competition too. So, if you were to narrow it even further, to say, brass musical instruments, you would find that there were 214 searches and 1,103,327 pages found. Maybe a profitable site, but if you combine this keyword with other related keywords that have decent supply and not too much competition, voila! you have the beginnings of a profitable web biz. OK, now you have a site concept, you need to get a domain name. Not an unimportant task either. Luckily, the cost of domain names has fallen dramatically…don’t you love the free enterprise system? I recently bought a domain name, http//www.ebooks-n-ezines.net for under $10 for one year! (site not finished). The last one I bought cost $70 for two years. There are loads of reputable sites registering names. 2. You need to have a web host your web site. There are many hosts out there for as little as $20-25/mo. but the one I recommend is Host4Profit. They will register your domain name and host it too. They throw in instant businesses ready to start promoting. In fact, you could start making enough money with them to invest in your other web site concept. Included is the warrior forum that has 30,000 members and offer incredible support and marketing information. The best thing about Host4Profit is that if you get only three others to join, your hosting is paid for! 3. The next step is to find related affiliate programs to your site concept…types of musical instruments. At http//www.associate it.com, http//www.cashpile.com or http//www.refer-it.com they list affiliate programs and rate some of them. You should go to each potential affiliate program and check it out. See if it is something that you would want to be associated with. Check out their links as well, they might lead to other potential partners of your new business. There are about 12 web site’s that list, review and/or rate affiliate programs. Do a search and you will find them. Do a search at each of the affiliate directories to find appropriate, quality affiliate programs. Taking the Affiliate Masters Course can have all of this information, and much more. It is a wonderful, 9-day intensive email course that takes you step by step in building a new business. And it’s free! I will be adding plenty more of the basics to building a successful e-business with the following topics. Make sure you bookmark this page!
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