So you want to turn your computer into a gold mine, but you just don’t know where to start? Don’t fret at all. You can learn How to start an online business from home in just six quick steps. This quick six-step system is an outline that you can follow all the way to financial freedom and success.
All you need to do is believe that you can make it. You Don’t need a college degree or any experience to be a successful entrepreneur, Here’s how:
1. Market Research – Find Your Niche
You might think that you have a goldmine of an idea, but you have to conduct research to find out if you truly do. Your business can crumble if you choose a product that saturates the market to no end. Ensure that the product or service that you are offering has a unique twist to it with which has little competition. The goal is to be the sole provider of something that people will flock toward because of its uniqueness.
The first step is to put in the effort and spend time on researching the market, yes, you need to do the work! If you don’t know what product or service you want to promote I recommend starting with an interest or hobby that you have. Here’s an example:
If you want to sell a product or service in the “play guitar” market then you would need to check that people are searching for the term. Start off with a broad search to ensure that there is a market for it, you do this by looking for keywords in the niche you are targeting. Then you can start to dig down and find a part of that niche to focus on, the more you dig the more it becomes a “micro niche.” You don’t necessarily have to go that far, the aim is to find an area that is in demand but has low competition.
This brings us to the next step –
The Importance Of Keyword Research…
2. Finding That Golden Nugget Keyword
Keyword research is performed using a free to use tool like the Google keyword planner or one that I recommend called Jaaxy. There are a number of other keyword tools on the market, some good, some not so good, but the two mentioned here are more than capable of performing the tasks that you require.
Let’s take a look at an example of keyword research, for this purpose I’ll be using Jaaxy. I won’t be going into too much detail here so read my post Understanding The Market – Keyword Research here.
To follow along you can create a Wealthy Affiliate account here where you will have access to the Jaaxy keyword tool.
Within the WA members area click on the Research button and open the jaaxy dashboard as shown:
Opening the dashboard will give you access to the search bar and analyze the competition in the market including the number of competing sites and pages as well as average search results and domain availability.
I explain this in a bit more detail below.
In the search box I have entered the phrase “Learn to play guitar” this is my starting point to determine the market and any competition. It’s a broad term which I will dig into and find a keyword that I can target and then I can write posts around these words. Let’s take a look and see what we can find.
Here you can see the list of keywords that the search returned. We want to focus on a couple of things:
1. Does the phrase make sense?
2. Is the average search traffic?
3. How much competition is there?
4. What is the SEO Score?
We want to find a keyword with an average search of 48 and above and traffic of a similar or higher number. The QSR should be 100 or less to stand a fighting chance, When I scroll down a bit further I find one that looks like it has potential
“learn how to play guitar chords”
AVG – 142, Traffic – 25, QSR (competition) – 47 SEO – 93
I know the traffic is a little low but we can still work with that. So let’s dig a bit deeper:
On digging deeper I found the phrase ” acoustic guitar chords for beginners” and it looks like a great keyword to write a post around. It meets all the criteria and is laser targeted to a specific audience looking to solve that particular problem.
You can carry on and dig even deeper but I wanted to show you how you begin your research to determine if it is worth going after. Next you’ll need to decide how you want to get your product or service in front of your audience, the easiest way is to build a website and start driving traffic to your offer.
Which Direction Do You Want To Go?
2. Decide What Kind of Site You Want to Have
Next, you must decide what kind of website you want to run. You can choose between an affiliate marketing site and an authoritative site.
An affiliate marketing site is one that operates primarily to send people to another website to purchase goods.
You’ll earn money every time your customers purchase goods from the site to which you are sending them. Commission Junction and eBay Affiliate are examples of two pages you can run.
You could also run an authoritative site that you use to post information about your subject of specialty. Affiliate sites are basically a WordPress Blog and are by far the easiest to set up. Click here to find out how to get started with your first website for FREE.
4. Choose an Appropriate Domain Name
Once you decide on the type of site which you would like to run, you will need to choose a domain name for your site. The domain name should be as short and relevant as possible. Most business websites have a .com extension, so make sure that you grab a domain name that has a .com as this is the most professional. You can choose the .com extension over an exact spelling of the word you desire.
Give Your Website Relevant and Refreshing Content
5. Secure Resources That Will Foster Success
You’ll want to secure a service that can help to grow and expand your website. You’ll want to use resources that can bring traffic to your website. An SEO company can help you to maximize your use of inbound and outbound links, keywords, pictures, content and other elements that can help to bring people to your site.
A web designs specialist can assist you in making your website presentable to the masses. But these companies and services can work out very expensive and drain your funds.
With the advances of technology anyone can create a beautiful looking website and write their own relevant content, all you need is the passion and determination.
If you really don’t want to write your own content there are services available that won’t break the bank, but I highly recommend giving it a go yourself. The more you write the more your confidence will grow and feel a sense of accomplishment.
Keep Your Customers Happy With Top Quality Customer Service
6. Provide Stellar Customer Service
Once you set your site up, you’ll want to ensure that you treat visitors and customers with respect. You’ll want to post a communication method so that they can get in touch with you with their questions, complaints and concerns.
You should be completely transparent in your disclosure of your company’s information as well as providing them with a way to contact you. It’s also preferable to have a phone number and an email address on the site. You can also set your site up with a short form that they can use to get in touch with you.
Take Your Dreams and Run With Them – Get Started Today
Start whenever you’re ready to start, but taking the first steps to building your business right now will hold you in good stead for reaching your goals. There are options available to help get you started which are described below:
1. Search the net for a Domain name Registrar and web hosting sites. You will find many sites that will offer you at least one free web page that you can use to your advantage. Many of the hosting sites offer website production tools that you can use to your advantage.
The problem with this method is that you generally need to do a lot of setting up beforehand and will have multiple accounts which can be time-consuming and confusing. If you are completely new to the online business world this can give you all sort of headaches and could even cause you to give up before you even start.
So what’s the alternative?
There is a simpler more effective way of starting your journey to creating your own business and that’s through a dedicated online marketing training program that will walk you through the whole process of building your online business from the ground up as well as providing hosting for your site. Everything you need in one place. Read My Wealthy Affiliate Review Here to find out how to take advantage of training and tools provided.
You can start working on your website today by signing up for you Free account to help you to build an awesome site. The resources that are available can help you to kick-start your business into a momentum that just won’t quit.
I you have any questions or feedback I would love to hear them, leave a comment in the box below. I wish you every success in your business ventures.