Starting a Online Business - Step by Step Instructions
Starting a online business does not have to be difficult. In fact, anyone with the basics of computer skills can start earning easy money. In this article I will take your through the various steps, using one of the options available for starting a online business.
The main means to earn money on the internet is by selling something. You can either sell your own product if you have one, or someone else\'s product for a commission.
If you are in the beginning stages of starting a online business. You most likely do not have a product of your own. So I am going to get you started by selling other peoples products.
You need a product to sell. As ClickBank has the widest selection of products. This would be a good place to start, by opening a free account. When the account is set up you will receive a few directional emails. Read them, as well as the \"getting started\" section on the ClickBank Site. This will give you an idea of how the system works.
Next step is to open an Google Adwords account. This account will be used to advertise the products you choose. As well do necessary Keyword research. But more on that later. There is a nominal setup fee. You really cannot do anything further without the account. So the cost involved is well worth it.
When your Adwords account is set up. Do a bit of reading to get the feel of how the system works. But here are the basics. The Adwords system is keyword driver. You bid for the keywords you want to use for your ad. In other words. Let say someone does a search for widgets. If you have placed your ad and used widgets as one of your keywords. The chances are pretty good that you ad will be seen. However the popularity of the keyword will determine the bid amount to get the ad on page one of Google.
Now let\'s find a product to sell. I recommend that for starters you find a product on a subject you know something about. Go to the market place in you ClickBank account and do a search on the subject of your choice. Have a look at the commissions paid as well as the conversion factors. I would not go for anything that pays less the $20. Make a list of about 5 to 10 possibilities.
Now you need to find out if the products have a chance of being viable. To do this we will be using Google Adwords Keyword tool. First thing, go to the keyword tool and enter the exact title of the product you want to sell and ask Google to suggest keywords.
Now have a look at how many searches there are for that product. Remember that the results given by Google are monthly. You want a minimum of 3000 searches per month. Then you look at the competition. The higher the competition the higher the minimum bid amount is to get on page one. Also, have a look at the estimated required bid.
But keep in mind that someone entering the search phrase \"how to knit gloves\" wants to know how to knit gloves. It is then reasonable to assume that out of every 100 clicks on your ad at least one sale should be made. And working on a 100% profit. It means that if the minimum bit is suggested at .10c you will break even on that one sale. Any additional sales are all clear profit.
May not sound like you will be making real money. But think about it. If you run 20 to 30 ads on the same basis. You could be making $300 or more profit on each product per month. Not bad for starters.
Now to the next step. On the same basis as above. Select a few keywords that closely match your product and add them to your list. A point to remember. You do not have to have 1000\'s of keywords to make the system to work. 5 or 6 well chosen keywords with low bids, is all you need.
Once this is all done. You can now write the ad. If your product is \"How to cook Beef\". That would be the title of the ad. For the body of the ad. You could have a look at some of the ads that come up with your search term. Select the best one, but change it a bit to make it yours.
A word of warning. Playing the Adwords game can be a very expensive exercise if you do not monitor your monthly spending against sales made. You also need to be able to monitor your ads and keywords, to find out which are working and which are wasting you money. If you do this. You could have a very pleasant experience when starting a internet business.
The Significance of monitoring your ads, keywords, visitors etc is vital to your success. For more information on how this can be done, go to the authors\' website Covert Conversion Pro for full details. Cecil Heim, the Author also has a outstanding Complementary Internet Marketers Survival Guide which you can get at Google Snatch.