If you’re looking to make money online follow the advice I’m going to give you below. It’s a simple way to start selling, and while you won’t get rich immediately, it will start you on the path to a steady online income stream.
Don’t look for encouragement from friends and family. It’s natural they will like your product or service. Instead try to get approval from people you don’t know. Set up a way of testing to see if people will actually spend money on what you’re selling. This might come from a crowdfunding campaign on Kickstarter or a similar site, or it might mean paying for advertising to get customer feedback.
I don’t mean you have to build it yourself. If you don’t have the skills then get someone else to build it for you. You must have a website if you want to make money online.
Building a website these days is so simple. You can get cheap hosting from companies such as Bluehost and Dreamhost. You can easily build a website with WordPress. You can also customize the website for your brand with the thousands of themes and plugins available for the WordPress platform. If you really don’t want to go this route you could even use a service like Shopify, which makes creating an eCommerce website a snap.
There are no new ideas on the internet. No matter what you want to sell it is inevitable you’ll have competition. Use that to your advantage by learning what they are doing to be successful. Tools like SimilarWeb can show you who your competition is. Once you know who they are study every aspect of their business and then don’t copy it, but improve on it.
If you want to make your first million online you’ll need a plan. Determine how much you want to make and from that how many units of your product you need to sell. This will give you a goal to work towards. Now create mini-goals to take you to the ultimate goal. These will help you stay motivated as you build your business.
After determining how much to make you can look into which platforms can help you get there. Some products work better with Facebook, while others are more suited to Pinterest or LinkedIn. If you can find the best channel for your product you’ll find success faster. If you don’t have an advertising budget try blogging and guest blogging to get free traffic to your website.
Eventually you will want to hire others to tackle the tasks you don’t like or aren’t good at, but in the beginning it’s best to do it yourself. This will not only save you money, it will also educate you about every aspect of your business. Plus it will give you early warning if your business is failing. Once your business is successful you can bring others onboard to handle the tasks that are boring or not suited to your personality.
