Difference between revisions of "Start an Online Business"

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== Steps ==
 
== Steps ==
 
=== Setting Up Your Business===
 
=== Setting Up Your Business===
#Define your product or service. Starting an online business gives you the benefit of having access to millions of customers, but you also have a lot more competition. No matter what you're trying to sell, you can bet that hundreds more online retailers have a similar idea. What differentiates your product from other similar products? To help your product stand apart from the rest, you'll need to find a niche.<ref>http://www.entrepreneur.com/article/175242</ref>
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#Define your product or service. Starting an online business gives you the benefit of having access to millions of customers, but you also have a lot more competition. No matter what you're trying to sell, you can bet that hundreds more online retailers have a similar idea. What differentiates your product from other similar products? To help your product stand apart from the rest, you'll need to find a niche.<ref name="rf11209" />
 
#*Let’s say you make jewellery—but so do a few million other people. What makes yours different? If one-of-a-kind jewellery (or another product) is your gig, make sure it's truly original.  
 
#*Let’s say you make jewellery—but so do a few million other people. What makes yours different? If one-of-a-kind jewellery (or another product) is your gig, make sure it's truly original.  
 
#*Offer expertise in an area. Even if the product itself isn't very unique, your expertise might be a strong selling point. If you're selling a line of skincare products, for example, it helps if you have a degree in a field related to skin health.  
 
#*Offer expertise in an area. Even if the product itself isn't very unique, your expertise might be a strong selling point. If you're selling a line of skincare products, for example, it helps if you have a degree in a field related to skin health.  
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#[[Open a New Company or Register a Company | Register your business]]. Your business needs to be registered according to your state's laws. Choose an official business name and fill out the appropriate paperwork to make your business official.
 
#[[Open a New Company or Register a Company | Register your business]]. Your business needs to be registered according to your state's laws. Choose an official business name and fill out the appropriate paperwork to make your business official.
 
#*Before you register your business, it can help to have a business plan laid out. Consider your production costs, shipping costs, taxes, and web hosting fees.  
 
#*Before you register your business, it can help to have a business plan laid out. Consider your production costs, shipping costs, taxes, and web hosting fees.  
#*Know the business regulations in your state, and be sure to comply when you get things up and running.<ref>http://www.sba.gov/content/start-online-business</ref>
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#*Know the business regulations in your state, and be sure to comply when you get things up and running.<ref name="rf11208" />
 
#[[Register a Domain Name | Register a domain name]]. Like the name of any other business, go for something short and catchy that will be easy for people to remember. Visit the website of a domain registration company and test out some of the names you're interested in to determine whether they're available. Once you land on a good name, go ahead and register it.
 
#[[Register a Domain Name | Register a domain name]]. Like the name of any other business, go for something short and catchy that will be easy for people to remember. Visit the website of a domain registration company and test out some of the names you're interested in to determine whether they're available. Once you land on a good name, go ahead and register it.
#Get a web hosting service. There are free hosting services to be found, but if you're serious about running an online business long term, consider paying for one that offers all the services you need. You'll be less likely to run into problems when your business starts to take off. Choose a hosting service that allows for growth.<ref>http://www.sba.gov/content/start-online-business</ref>
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#Get a web hosting service. There are free hosting services to be found, but if you're serious about running an online business long term, consider paying for one that offers all the services you need. You'll be less likely to run into problems when your business starts to take off. Choose a hosting service that allows for growth.<ref name="rf11208" />
 
#*Some hosting services are highly structured, allowing you to choose from among different templates to create a website quite easily. Others allow you to do your own programming, giving you greater flexibility.
 
#*Some hosting services are highly structured, allowing you to choose from among different templates to create a website quite easily. Others allow you to do your own programming, giving you greater flexibility.
  
 
=== Creating Your Online Store===
 
=== Creating Your Online Store===
#[[Design a Website | Create a stylish and functional website]]. Elegant or funky, classical or hipster, your online store should reflect what you’re selling. No matter what your style is, it's important to give off a professional air. Since you won't be able to earn people's trust in person, your website will have to do the selling for you. Your site should be engaging, and most importantly, easy for customers to use when they're ready to make a purchase.<ref>http://www.ecommerce-guide.com/article.php/3551461/Starting-Your-Own-EBusiness-Pt-2-Choosing-a-Platform.htm</ref>
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#[[Design a Website | Create a stylish and functional website]]. Elegant or funky, classical or hipster, your online store should reflect what you’re selling. No matter what your style is, it's important to give off a professional air. Since you won't be able to earn people's trust in person, your website will have to do the selling for you. Your site should be engaging, and most importantly, easy for customers to use when they're ready to make a purchase.<ref name="rf16990">http://www.ecommerce-guide.com/article.php/3551461/Starting-Your-Own-EBusiness-Pt-2-Choosing-a-Platform.htm</ref>
 
#*Make sure your site design matches your product. For example, if you make traditionally styled diamond jewelry, having a website that looks like shredded cardboard with edgy fonts and images taped to the cardboard would tend to drive away your potential customers.
 
#*Make sure your site design matches your product. For example, if you make traditionally styled diamond jewelry, having a website that looks like shredded cardboard with edgy fonts and images taped to the cardboard would tend to drive away your potential customers.
 
#*Consider setting up an online portfolio. Whether you are a programmer who specializes in Javascript, a graphic designer who works on commissions, a plumber who is on call 24/7, or a copywriter who will write about anything at all, having an exemplary website where potential clients can evaluate your work is crucial to your online business success.
 
#*Consider setting up an online portfolio. Whether you are a programmer who specializes in Javascript, a graphic designer who works on commissions, a plumber who is on call 24/7, or a copywriter who will write about anything at all, having an exemplary website where potential clients can evaluate your work is crucial to your online business success.