Business planning

4 Things to Consider When Starting an Online Business

Starting your own online business is a brave and a smart move. A lot of people are confused with this concept and don’t really know where to start, but an online business model has many possibilities to explore that traditional brick and mortar organizations don’t.

An online business has the potential to reach out to more people and expand the market. On top of that, you won’t have to invest a lot of money into finding a business store, renting it, decorating it, etc. Still, even though there are many possibilities and benefits of running an online business, it takes a lot of work and know-how to make it work.

This is why I’ve decided to share some thoughts on how to establish a solid online business presence and which things you need to consider before starting your entrepreneurial career.

1. Provide services and products which are attractive

Although an online presence offers the potential for reaching hundreds of thousands of customers, it’s important to know that it’s not that easy and that there are a lot of other businesses trying to achieve this as well. There are various shops today offering many different products and services.

Chances are that whatever you are trying to offer to the market is already offered by someone else. Simply put, the competition is tough in modern business and setting you aside from the rest can be difficult. This is why researching your target market and performing user testing is a must.

Some of the most important questions you need to give answers to include:

  • Who will buy my products or services?
  • Is there are need for what I have to offer?
  • Are my products well-designed?
  • What is unique about my business?

A lot of people make the mistake in trying to mimic organizations that offer similar services or products, but this is wrong. If someone is doing well, then it means that customers have already found the things they need and they won’t need to look elsewhere. On top of that, you will hardly be able to compete with a fully-grown business.

2. Creating a business website

Every online business needs to have a website. It will represent your HQ, where people can learn about you, find useful information about products and services, learn prices, find contact information, and so on. Still, it’s not about making a complex site and investing tons of money. Keep it simple and clean; people like that.

A neat, simple site is good for starters. If people can find their way around it and not get overwhelmed by the things that you put on your pages. If you plan on selling products through your site, implementing an e-commerce solution is a must so that people can buy products and add them to the cart.

Make sure that you host your site properly so that it works smoothly and that the design is intuitive. Simply put, whatever you put on your site needs to be responsive and work as it should, without any complications.

3. Create a social network presence

Everyone is on social media today; there is simply no way around it. This means that there are a lot of potential clients there as well and that you should be alongside them trying to win them over. People spend a lot of time on social media and that’s why they are good for promoting a business.

Creating profiles and pages on social networks will instantly help attract potential customers. For example, by creating a business page on Facebook, you can invite people to like it and slowly start building a community around it. You can use pinterest if you sell clothing, given the fact that it’s an image-based network and there are a lot of people who are into fashion.

Talk to people, join groups, give them valuable answers, engage them, share content, and this is how you will slowly start building your social media presence.

4. Create content for your online presence

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No matter if we are talking about social networks, websites, or any other type of online channel that represents your organization, it needs to be filled with quality content. First of all, you should include descriptions about your products and services and images that show how they look.

People need to see what you are about and how your products look. Images can entice them and make your business look reliable. On top of that, you can share content such as blog posts, videos, or images on social media, and promote what you have to offer.

These are the basics of starting an online business and they can point you in the right direction. Make sure that you constantly learn about running a business and explore more options. An entrepreneur needs to work constantly on his/her organization in order to get the desired results.

A post by Ivan Dimitrijevic (153 Posts)

Ivan Dimitrijevic is author at LeraBlog. The author's views are entirely his/her own and may not reflect the views and opinions of LeraBlog staff.
Ivan Dimitrijevic is an CEO and founder of MyCity Web and seasoned blogger/marketing consultant with years of experience. His skill sets include Social Media Marketing, Search Engine Optimization and blogging on a wide variety of topics. He is a digital marketing & business consultant and has had many articles published on serious blogs over the years on topics ranging from Digital Marketing, Tech and Online Business to Home & Family, Health & Wellness and Architecture, Real Estate & Design.

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