Sunday, September 27, 2009

How To Start an Online business -31 Days Challenge to make your first $1000 online

Within couple of weeks you could have your own money-making online business !
It does not matter how many times you failed trying to start your own online business, I am revielling the secrets and strategies to help you succeed online.

But before you start, it is important to have a proper mindset. You are about to start your own business, treat it like you'd normally treat an offline business. Success is finally within your reach.

THE ACTION PLAN-DAY 1
Finding a Niche


What is a niche-It is a smaller more targeted group of a certain market-Example : dog-training
Sub Niche-smaller group of the larger niche that has specific need, Example : "dog barking " training

  • First find a market that spends money, then find out what they want and give it to them.
  • There should be demand for a product
  • You want to offer something that people actually needs, something that will make their lives better and help them solve a problem.

WHERE DO WE FIND BUYERS

Before we get into details , note that there are generally two kinds of buyers :

1 .Desparate buyers-they have a problem and they need solution for it,
example :people who are in pain, it can be due to a certain desease,
or people facing financial crisis (impending foreclosure)
2 .Passionate (or rabid buyers)-they are people who buy everything on a
    particular topic,example:home and garden, food and cooking, golf.

This is what you must do to find those buyers
  • Read several newspapers everyday, watch the news, listen to radio
  • Check out the hottest trends at  :Google hot trends
  • The Lycos Top 50 is another site, like google's hot trends where you will review the latest trends and lok for hot topics to explore further.
  • Look at Yahoo Buzz for ideas as well
  • Visit :different kind of magazines on your chosen niche
  • The eBay Pulses site is a great place to start looking for subniches-What you must do is to select the category first (using the topics you've gathered from the previous sites) then look for profitable niches byselecting a sub-category.
NOTE :E bay puts a PDF Report of their hottest categories each month
available at :E bay hot categories
  • Amazon is a great place to see what currently exists for any given sub -niche. Chances are the more books there are written on that subjects, the more that market spends on those topics. Look for a book that is ranked 20,000 or higher.
By now you should have an idea of which niche you want to target, It is now time to determine its profitability-KEYWORD RESEARCH-You cannot proceed without executing the following step, It is the most important step in building your business.

TOOLS NEEDED TO DETERMINE THE PROFITABILITY OF A GIVEN NICHE

1. Wordtracker
2. Digital Point Tool
3. Market Samurai
I highly recommend this tools, You get a free 12 days Trial with step-by step videos demonstrating how to use it. You also have access to a forum where you can get help.
Take Note Of the foolowing while using Market Samurai :

1. Find all keywords that would receive at least 2000+ visitors/day for the No 1. Google position.
2. Find broad-terms that may reveal profitable long-tail keywords
    Filter keywords to show all keywords with SEOT of 2000+
3. Find specific keywords with good traffic and low competition.
  • Select all low competion keywords-(SEOT 500/SEOC 150000)for SEO analysis in Market Samurai.
  • Choose all low competion keywords that have-No more than one competitor with all five SEO "yeses"
  • Two or more pages with PR3 or low
  • One page with less than 50 Backlinks
4. Avoid seasonality

That is enough for today, The next step will be to locate products we want to sell based on our chosen keywords, signing up as an affiliate, designing a simple website or blog.(Very easy).Everyting laid out step by step.
Just to prepare for the following step check out the following blog, this Guy show you everything you need to know about a blogger blog, I mean everything, for free of course.You will never again search google for anything regarding your Blogger Blog

Thought for the Day :A man of ability and the desire to accomplish something can do anything-Donald Kircher


3 comments:

GoddessDionna said...

Hello. Wow, you have such an infomative blog here. I've really enjoyed what I've read so far. I am now following you as goddessdionna and would like to thank you for stopping by my page and following me as well. I really appreciate it. Have a blessed day, The Goddess Dionna

M Stevens said...

Thank you for a very informative information,I am looking forward to learning a lot from your blog, Iam also looking forward from learning to start my business from home.

KingsKid777 said...

Finding a niche is very difficult is almost a must these days...You can't really try something and hope it takes off as easily as decades ago.