Internet Business Idea? 5 Steps to Start Smart and Save Time, Money and Stress

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Having an internet business idea is a bit like watching the start of a fire, it smoulders away in the background for ages, waiting for something to ignite it, while you figure out the best way to move forward.

Believe me I’ve been there. My internet business idea smouldered for 3 years before I even attempted to do anything about it. And what’s more when I did start to actually do something, it took me half as long again to start to make it work.

Here’s a few money and time saving tricks to help you get your home business off the ground faster.

1) Find your market first – Most people think that having a great product will instantly attract thousands of buyers. Well in some cases this may be true. But the one sure-fire way to guarantee profits out of the gate, is to choose a profitable niche, a market area where people are already buying. Your internet business idea needs to be market driven.

2) Choose an affiliate product and work fast – Once you know your niche, you need to select a product to sell to that niche. Instead of creating your own to begin with, choose an affiliate marketing product from Clickbank.com and use the sales materials provided by the vendor, to get your online business up and running fast.

3) Build a list from the start -On average someone needs to see an offer 7 times before they take action and buy. That’s why it’s important to get the visitors to your site onto a subscriber list, so you can present the same offer again until they buy. It also gives you the opportunity to build a solid relationship with your customers.

4) Track, Track, Track – If you’re not tracking everything you do, then you have more of a hobby than a business. You need to know your numbers, traffic sources, and conversion rates.

It’s easier to double your profit, by doubling your conversions, rather than doubling your traffic. You can only improve your conversions if you track and know the weaknesses in your business.

5) Strengthen your Sales Funnel – Build a deep sales funnel. Have products that increase in price and Value that are presented to your customers sequentially and regularly.

Article Source:

http://EzineArticles.com/?expert=Stephen_Gibson

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