14 Golden Tips for Online Entrepreneurs

golden-tips-for-online-entrepreneurs

Everybody comes up with a million-dollar idea at least once in their life. You too have an idea so extraordinary that you can’t believe no one has ever thought of it yet and you are 100% sure that it will boost online markets. Unfortunately, statistics show that more than 80% of the attempts are unsuccessful.

There is no one who does not know the story of successful entrepreneurs. What about unsuccessful attempts? Have you ever wondered why? We don’t want you to make the same mistakes others do.

The following are a handful of golden advices that will give you a great start on your way to becoming a successful online entrepreneur:

1. Analyze and be different: Identify which market you are in and analyze it. If you are able to offer something different that everyone cannot sell whether a service or a product then you are one step ahead, if not always start with a few services or products and focus on them but try to do things a little bit differently. If you can be different you can always be ahead of your potential competitors. If you have to sell more than a couple of services or industry products, first choose the ones you know best and sell the fastest.

2. Target audience: Who are your customers? Do you really know your target audience? Do customer research and gather as much information as possible because your customers are the reason your business exists.

3. Customer needs: Do you really know what your target audience wants? How much are you sure? Customers are valuable and important but not loyal. Always take time to listen to them and believe in the value of building a relationship with each and every client in order to better understand them and their changing needs.

4. Be crystal clear: What is your product/service? Have a clear definition. Always think like a customer and make it easier for your customers to do business with you.

5. Track your competitors: Not just those that Google shows on the first page, but also the sites rank lower. Take note of the sites that you see the most successful. Check again in a couple of days, check again a few days later and once again later on. Are they regularly updating their websites? Are they social? Are they constantly advertising? Are they sending out emails weekly? Are they doing SEO monthly?

6. Patience: Many start-up entrepreneurs expect earning huge profits immediately. Don’t be surprised if it takes weeks to make a sale or months to earn meager profits. Learn to become a more patient person, well an online entrepreneur.

7. Specify your budget and spend it wisely: Plan your online business for monthly costs and most importantly your advertising costs such as website traffic, email marketing, search engine optimization. Make marketing your main focus.

8. Advertise: Few things kill an online business and no website traffic is one of them. Without advertising, success and sales expectations from an online business should be really low to none. Don’t forget, you can’t make sales if you don’t have visitors! Create ads from day one.

9. Stay on top of SEO: Because the best place to hide a dead body is on the second page of Google search results. Monthly SEO reduces advertising expenses while increasing revenue, so a very helpful tool for online businesses.

10. Make your website more visually appealing: Add high-quality but compressed images and visuals, select the right colors, fonts and font sizes for your business. Do not overwhelm your website with too much text or too much images and visuals. Focus on simplicity and don’t overdo.

11. Go mobile: Your website has to be 100% mobile friendly because the rate of purchasing from mobile devices is in billions. Never start an online business with a website that does not have mobile integration.

12. Be on multiple social media platforms: Your website should be integrated with at least 3 or 4 social networks and you should never depend on just one. Have easy access buttons with accounts such as Facebook, Twitter, Instagram, Pinterest, Youtube, Google Plus and many others on your site. Post on social media daily, if not several times weekly, be active.

13. Have incredible customer service: Be a good listener, pay attention to details, have standards, come up with solutions not with “Noes”, be honest and do not forget to say “Thank you.”

14. Just start right now: Now is always the best time to start because you already missed yesterday. Get back to work, now!

 

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