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Online Startup Business Taster

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Understanding the concepts of online business is not that much challenging. However, with huge information avilable, it's easy to get confused about the right step to start online business. Here is …

Understanding the concepts of online business is not that much challenging. However, with huge information avilable, it's easy to get confused about the right step to start online business. Here is the power point presentation that will help how to do online business easily.

Published in: Education, Business

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Transcript

  • 1. Business Start-up-How to Start An Online Business DELIVERED BY: Sheila Elliott FCCA, MBA Visit www.businessservicessupport.com Tel: 0845 226 4315
  • 2. Key Objectives  Overview of the online market space  What types of business are you interested in  Researching business opportunity for profit  Planning for your business- a business plan  The importance of website for effective online marketing  Selling own Vs other people’s products  Drop-shipping – does it really work  Online marketing tips copyright© to Business Services Support Limited 2011
  • 3. Overview of the online marketing space E-commerce sales are growing by over 19% per annum and estimated to be $1.4 trillion by 2015 More than 80% of online population has used the internet for purchasing goods or services. Over 50% of the online population shop regularly online Benefits of internet shopping abound Are you a spectator or are you a seller online? copyright© to Business Services Support Limited 2011
  • 4. What can you sell online & benefits You can sell almost everything online. Goods and services of all types can be marketed online The benefits are significant and you don’t want to miss out. Think of any type of business and check it on Google and there is a good chance a site will be there selling a related product or service. copyright© to Business Services Support Limited 2011
  • 5. Researching your market for profitability Is there a market for your business, online? How big is the market? Can you compete in this market? Can you make profit in the business? How do you get objective answers? How do you make your decisions? https://adwords.google.com copyright© to Business Services Support Limited 2011
  • 6. Business Planning- you cannot go without this  What is your product  Who is your target market  What is the price range for the market  What is the resources required for you to start a businesswebsite, human, suppliers (merchant account, utilities, PC, telephone, other resources etc).  How would you market and sell to your customers  What is your financial projections copyright© to Business Services Support Limited 2011
  • 7. Tips for setting up your website store Simple and easy to navigate with online shop facility Search engine friendly- meta tags and descriptions, keywords, meta titles, contents for optimisation an Cheap to maintain- you Reliable hosting have control over service provider access and editing with no downtime contents without as far as possible the need for too much expenditure Testimonials in videos and words to persuade customers copyright© to Business Services Support Limited 2011
  • 8. Selling your products versus affiliate marketing  You can sell your products on you own websites or other peoples website (E-bay, Amazon and other market places).  Selling on your website and other peoples website is another option  You can find other peoples products from market places and sell them for commission – affiliate marketing  Commission junction, Link Share, Amazon and many affiliate programmes exist- watch out for scammers. copyright© to Business Services Support Limited 2011
  • 9. Selling your products versus Dropshipping  You can sell other peoples products on your own website and get the suppliers to drop ship to your customers.  Drop-shipping should save you a lot in inventory costs and capital investment  Drop-shipping requires reliable suppliers that ship anonymously  Some working capital is required and there is still some risk of charge back for fraud.  Strong supplier relationship management is required for timely delivery and returns copyright© to Business Services Support Limited 2011
  • 10. Online Marketing Tips & Our Training Courses copyright© to Business Services Support Limited 2011
  • 11. Our training Courses & Coaching Programmes  Digital Marketing by renowned internet marketing expertsshort courses online plus qualification courses- internet markteting fundamentals, social media marketing, per per click advertising, youtube and video marketing, SEO fundamentals  Online courses in starting your own business, starting your own blog site, business planning, financial management, sales and marketing, time management, communication – live training plus videos and templates  ILM Business Enterprise Training Course- qualification based course  Books- My Business Is My Business & various other resources copyright© to Business Services Support Limited 2011
  • 12. Conclusion – The End  For more information about our courses visit: http://www.businessservicessupport.com copyright© to Business Services Support Limited 2011