How can You start new Online business?

If you’re thinking about starting a business, you likely already have an idea of what you want to Sell online, or at least the market you want to enter. Do a quick search for existing companies in your chosen industry. 

With improving Internet technology, excellent online tools, and lower costs, there has never been an easier time to put your business online and start making money online.

1. Know Your Market:

One of the biggest keys to success with an online business is to know the market.

you are (or want to be) in.

What are their biggest wants and needs?

Where do they spend their time online and how can you reach them?

Either way, you’re going to be better off starting off with a proven, If there is already a lot of competition in the marketplace that’s a good sign that there is profit potential. While most people would shy away from a competitive market, seasoned marketers know that competitive markets are where the money is.

Don’t try to reinvent the wheel, simply go where the money already is.

2. Register Your Domain Name:

So you’ve decided on the market you want to get into. The first step after that is to register a domain name for your new online venture.

Your domain name is your unique address on the internet Marketplace. It is your piece of intellectual property, just like a patent or a trademark. There are numerous domain name registrars (companies that register domains) online where you can purchase your domain.

Some registrars even offer “free domains” with a hosting package or another purchase. One of those companies is Bluehost Web Hosting, which offers a free domain name with the purchase of a hosting account.

I usually recommend you purchase your domain name with one company and purchase your hosting account with another company.

Two very popular domain name registrars are GoDaddy.com and NameCheap.com.

Here are some other options to register your domain name.

The key thing is that your domain name should be very easy to say, speak, spell, and remember.

Also, try to avoid names that are “Creative” that don’t really explain to the marketplace what your value proposition is.

3. Designing Your Website:

This isn’t as difficult as it sounds. You have two options for site creation:

• Create the site yourself.

• Hire a designer to create it for you.

There are at least three options for creating your own site.

Many hosting companies offer free website-building tools.

WordPress is a popular free blogging platform – both for websites and stand-alone blogs. It is a very simple install, with many hosting companies having installed tools just for WordPress. You won’t need years of study and thick manuals to use this software. There are literally thousands of WordPress templates you can find to further customize your site.

The other option is to use a high-end program like Dreamweaver by Adobe (Visit Adobe’s Website) which will do everything you need but has a pretty steep learning curve.

Hiring a professional designer

may be a simpler option. This isn’t necessarily expensive. There are several websites where you can find freelance professionals including

Freelancing Groups | UpWork.com | Fiverr.com.

You may even consider hiring a local high school or college student.

Again, it’s important that if you outsource the design of your website, you actually purchase and own both the domain name and hosting account; the Web Designer is simply designing your website.

If you’re not good with technology or don’t have the time or patience to learn how to build your website then you’re better off outsourcing it to a pro so you can focus on the important things like product creation, marketing, promotion, and other higher value activities.

4. Get Traffic to Your Website

Even the most cutting-edge design and amazing new products are worthless if it’s buried under millions of other websites. In order to generate sales online, you have to drive massive amounts of website traffic. Consider these basic methods of promoting your new site:

Register with the three major search engines (Google, Bing, and Yahoo)

Online Advertising: Google PPC | Twitter ads |and Facebook advertising

Direct mailing (print, not email)

Offline marketing (billboards | company vehicles | stationary |print ads |promotional products).