SlideShare a Scribd company logo
13 Stages for
Launching and
Growing Your Online
Business
Adsy - Guest Posting Service
Does this mean you should give up on launching and
running your own online business?
Of course not! Today, you will learn about the 13 steps
you need to take to start an effective business and
also develop it.
According to WPForms, there are up
to 24 million eCommerce sites.
1. Make a test first
Try to sell your idea to people
that you donโ€™t know. Make it at
least three times. That ensures
that you get objective results from
your test.
Thatโ€™s the vital step you have to
take before investing in your
future business.
2. Describe the main
idea
Put all your ideas and visions together
and write them down. Describe why
your products or services are good.
Also, think of what makes them 10% or
even more percent better than
products from competitors.
3. Now make it ten times
easier to launch
At this stage, try to minimize your costs. Build an MVP
that will be enough to present on the market and gather
the first feedback.
You donโ€™t want to spend hundreds of thousands of
dollars on product launch and development without
knowing if customers will even buy it. So, gather your
feedback and make some changes if needed.
4. Create the first
version within one
to three months
Simplify your initial business idea so
that you can create it within just one to
three months and spend not more than
10%-20% of your budget at this stage.
We advise you to do so, while in reality,
the whole process might take even
longer. Besides, you will need most of
your budget in the next stages.
Item 1 Item 2 Item 3 Item 4 Item 5
40
30
20
10
0
5. Launch and attract the
first visitors & customers
with a minimum budget
Itโ€™s possible to do it quickly and easily
with paid ads. You need them to get the
first buyers and get feedback from them
before you actually start developing and
upgrading your products.
Generally, you will see if people are
interested in your services at all and what
they want you to improve.
Thatโ€™s a really essential part, as you donโ€™t
want to waste budgets on goods nobody
buys.
6. Once youโ€™ve got the
first sales - gather &
analyze feedback
Talk to your customers and find
out what they need, why they have
bought your product, and what it
lacks. Ask them many various
questions related to your goods.
The point is to do it yourself, as
only you know what questions to ask
and how to interpret usersโ€™ answers.
Moreover, sometimes you will need
to guess what your customers really
meant but havenโ€™t told you.
7. Improvement and
new launch
Take care of on-page optimization,
Write quality and unique content,
Do off-site optimization.
Improve your product or service and
your website to increase conversion
rates, then launch another small
campaign.
At this stage, you can invest in SEO.
Do the next three things in terms of
SEO:
Create a great landing page
with good copywriting
Make a stunning and
engaging headline
Add a sign-up form while
itโ€™s a must
8. Grow your
conversion rates
To increase your conversion rate, make
the following improvements to your site:
Add reviews from happy
customers
9. Increase investing when ROI comes
closer to zero from big minus
As soon as your conversion rates allow your advertising to pay off
at least 10% (i.e., you spend $1,000 and you get $900), start
increasing your ads spendings (if you have investments, of course).
These investments in ads will pay off with time and start generating
more profit, thanks to returning customers.
10. Build a sales pipeline
to better track, analyze
and improve your
conversion rates
Donโ€™t forget to find all your bottlenecks
- stages where you lose most of your
customers. Ask yourself what you should
improve first.
Focus on increasing the weakest places
of your pipeline because the Pareto rule
says: โ€œ20% of efforts bring 80% of
results.โ€
11. Remember the income formula
A formula for your business success:
People * CTR * CTL * CTC * LTV * Margin = Your income
people - the number of people who see your website
CTR - the percentage of Click Through Rate
CTL - the percentage of Conversion to a Lead
CTC - the percentage of Conversion to Customer
LTV - an average Life-Time Value of a customer, which depends on the
number of repeating purchases and customer lifetime in your business
Margin - the percentage of margin of your business
A pro tip: If you increase each value of the formula by at least 15%,
your income will DOUBLE
12. Keep gathering
feedback from your
customers and making
ongoing improvements
Feedback collection should
become an ongoing process in
your business, as well as always
tracking and increasing your
conversion rates at every stage.
13. Hire the best specialists
for the money that you can
afford
You shouldnโ€™t hire all specialists at once.
Take each step one by one, starting from
the most important roles.
People are the most important part of your
business. Thatโ€™s especially essential for
your growth stage company.
25% of new businesses make it
to 15 years or more. And we
want you to be among these
successful entrepreneurs!
So, use these helpful tips to
successfully launch and grow
your business.
Hit us up via:
Make sure your
business is visible
online! Build quality
links to rank higher
on SERP.
Email - support@adsy.com
Website - adsy.com
LinkedIn - @Adsy - Guest Posting Service

More Related Content

Similar to 13 Stages for Launching and Growing Your Online Business.pdf

Major League Marketing on a Minor League Budget
Major League Marketing on a Minor League BudgetMajor League Marketing on a Minor League Budget
Major League Marketing on a Minor League Budget
Isaac La Buguen
ย 
HOW TO CREATE A WINNING SALES FUNNEL [INFOGRAPHIC]
HOW TO CREATE A WINNING SALES FUNNEL [INFOGRAPHIC]HOW TO CREATE A WINNING SALES FUNNEL [INFOGRAPHIC]
HOW TO CREATE A WINNING SALES FUNNEL [INFOGRAPHIC]
StuartJDavidson.com
ย 
You're Ready to Start Marketing. Now What? (Series: Digital Marketing Tips fo...
You're Ready to Start Marketing. Now What? (Series: Digital Marketing Tips fo...You're Ready to Start Marketing. Now What? (Series: Digital Marketing Tips fo...
You're Ready to Start Marketing. Now What? (Series: Digital Marketing Tips fo...
Financial Poise
ย 
what is conversion rate optimization?
what is conversion rate optimization?what is conversion rate optimization?
what is conversion rate optimization?
NotifyVisitors
ย 
Case Study Affiliate Marketing 2022
 Case Study Affiliate Marketing 2022  Case Study Affiliate Marketing 2022
Case Study Affiliate Marketing 2022
Al Morales
ย 
Using the internet effectively for business
Using the internet effectively for businessUsing the internet effectively for business
Using the internet effectively for businessMouni Sharon
ย 
Moz holy grail of e commerce conversion optimization
Moz holy grail of e commerce conversion optimizationMoz holy grail of e commerce conversion optimization
Moz holy grail of e commerce conversion optimization
Bitsytask
ย 
The most fatal mistake to avoid as a startup
The most fatal mistake to avoid as a startupThe most fatal mistake to avoid as a startup
The most fatal mistake to avoid as a startup
David Jackson
ย 
How to Fix the Simple Mistakes You Are Making in Your Sales Funnel
How to Fix the Simple Mistakes You Are Making in Your Sales FunnelHow to Fix the Simple Mistakes You Are Making in Your Sales Funnel
How to Fix the Simple Mistakes You Are Making in Your Sales Funnel
Nate Kennedy
ย 
Click bank affiliate_marketingpromot
Click bank affiliate_marketingpromotClick bank affiliate_marketingpromot
Click bank affiliate_marketingpromot
vikaskumar2060
ย 
The Complete Guide to B2B Marketing
The Complete Guide to B2B Marketing The Complete Guide to B2B Marketing
The Complete Guide to B2B Marketing
Jennifer Simon
ย 
Affiliate Marketing course for Begeiners
Affiliate Marketing course for Begeiners Affiliate Marketing course for Begeiners
Affiliate Marketing course for Begeiners
Nizam Uddin
ย 
Internet marketing-guidebook
Internet marketing-guidebookInternet marketing-guidebook
Internet marketing-guidebookTuristicae
ย 
Click bank affiliate marketing
Click bank affiliate marketingClick bank affiliate marketing
Click bank affiliate marketing
Mukesh Bhagat
ย 
Magnetize Your Customers
Magnetize Your CustomersMagnetize Your Customers
Magnetize Your Customers
Lahcen Idar
ย 
What are Digital Marketing Funnels?
What are Digital Marketing Funnels?What are Digital Marketing Funnels?
What are Digital Marketing Funnels?
PPCexpo
ย 
5 Ways to Increase B2B SaaS Revenue
5 Ways to Increase B2B SaaS Revenue5 Ways to Increase B2B SaaS Revenue
5 Ways to Increase B2B SaaS Revenue
stimulead
ย 
16 stepsalesfunnel
16 stepsalesfunnel16 stepsalesfunnel
16 stepsalesfunnel
Bryan Hee
ย 
Top 15 Sales Generation Techniques (Ecommerce Customer Acquisition)
Top 15 Sales Generation Techniques (Ecommerce Customer Acquisition)Top 15 Sales Generation Techniques (Ecommerce Customer Acquisition)
Top 15 Sales Generation Techniques (Ecommerce Customer Acquisition)
Rodolfo Melogli
ย 
Six ecommerce business tips for new entrepreneurs
Six ecommerce business tips for new entrepreneursSix ecommerce business tips for new entrepreneurs
Six ecommerce business tips for new entrepreneurs
SameerShaik43
ย 

Similar to 13 Stages for Launching and Growing Your Online Business.pdf (20)

Major League Marketing on a Minor League Budget
Major League Marketing on a Minor League BudgetMajor League Marketing on a Minor League Budget
Major League Marketing on a Minor League Budget
ย 
HOW TO CREATE A WINNING SALES FUNNEL [INFOGRAPHIC]
HOW TO CREATE A WINNING SALES FUNNEL [INFOGRAPHIC]HOW TO CREATE A WINNING SALES FUNNEL [INFOGRAPHIC]
HOW TO CREATE A WINNING SALES FUNNEL [INFOGRAPHIC]
ย 
You're Ready to Start Marketing. Now What? (Series: Digital Marketing Tips fo...
You're Ready to Start Marketing. Now What? (Series: Digital Marketing Tips fo...You're Ready to Start Marketing. Now What? (Series: Digital Marketing Tips fo...
You're Ready to Start Marketing. Now What? (Series: Digital Marketing Tips fo...
ย 
what is conversion rate optimization?
what is conversion rate optimization?what is conversion rate optimization?
what is conversion rate optimization?
ย 
Case Study Affiliate Marketing 2022
 Case Study Affiliate Marketing 2022  Case Study Affiliate Marketing 2022
Case Study Affiliate Marketing 2022
ย 
Using the internet effectively for business
Using the internet effectively for businessUsing the internet effectively for business
Using the internet effectively for business
ย 
Moz holy grail of e commerce conversion optimization
Moz holy grail of e commerce conversion optimizationMoz holy grail of e commerce conversion optimization
Moz holy grail of e commerce conversion optimization
ย 
The most fatal mistake to avoid as a startup
The most fatal mistake to avoid as a startupThe most fatal mistake to avoid as a startup
The most fatal mistake to avoid as a startup
ย 
How to Fix the Simple Mistakes You Are Making in Your Sales Funnel
How to Fix the Simple Mistakes You Are Making in Your Sales FunnelHow to Fix the Simple Mistakes You Are Making in Your Sales Funnel
How to Fix the Simple Mistakes You Are Making in Your Sales Funnel
ย 
Click bank affiliate_marketingpromot
Click bank affiliate_marketingpromotClick bank affiliate_marketingpromot
Click bank affiliate_marketingpromot
ย 
The Complete Guide to B2B Marketing
The Complete Guide to B2B Marketing The Complete Guide to B2B Marketing
The Complete Guide to B2B Marketing
ย 
Affiliate Marketing course for Begeiners
Affiliate Marketing course for Begeiners Affiliate Marketing course for Begeiners
Affiliate Marketing course for Begeiners
ย 
Internet marketing-guidebook
Internet marketing-guidebookInternet marketing-guidebook
Internet marketing-guidebook
ย 
Click bank affiliate marketing
Click bank affiliate marketingClick bank affiliate marketing
Click bank affiliate marketing
ย 
Magnetize Your Customers
Magnetize Your CustomersMagnetize Your Customers
Magnetize Your Customers
ย 
What are Digital Marketing Funnels?
What are Digital Marketing Funnels?What are Digital Marketing Funnels?
What are Digital Marketing Funnels?
ย 
5 Ways to Increase B2B SaaS Revenue
5 Ways to Increase B2B SaaS Revenue5 Ways to Increase B2B SaaS Revenue
5 Ways to Increase B2B SaaS Revenue
ย 
16 stepsalesfunnel
16 stepsalesfunnel16 stepsalesfunnel
16 stepsalesfunnel
ย 
Top 15 Sales Generation Techniques (Ecommerce Customer Acquisition)
Top 15 Sales Generation Techniques (Ecommerce Customer Acquisition)Top 15 Sales Generation Techniques (Ecommerce Customer Acquisition)
Top 15 Sales Generation Techniques (Ecommerce Customer Acquisition)
ย 
Six ecommerce business tips for new entrepreneurs
Six ecommerce business tips for new entrepreneursSix ecommerce business tips for new entrepreneurs
Six ecommerce business tips for new entrepreneurs
ย 

More from Adsy

How Will AI Influence SEO in 2024. Explained by 19 Experts.
How Will AI Influence SEO in 2024. Explained by 19 Experts.How Will AI Influence SEO in 2024. Explained by 19 Experts.
How Will AI Influence SEO in 2024. Explained by 19 Experts.
Adsy
ย 
The Future of AI in Digital Marketing Transforming Customer Experiences.pdf
The Future of AI in Digital Marketing Transforming Customer Experiences.pdfThe Future of AI in Digital Marketing Transforming Customer Experiences.pdf
The Future of AI in Digital Marketing Transforming Customer Experiences.pdf
Adsy
ย 
15 AI-Based Tools for Effective Content Marketing.pdf
15 AI-Based Tools for Effective Content Marketing.pdf15 AI-Based Tools for Effective Content Marketing.pdf
15 AI-Based Tools for Effective Content Marketing.pdf
Adsy
ย 
5 Examples of Creative Marketing Campaigns by Brands.pdf
5 Examples of Creative Marketing Campaigns by Brands.pdf5 Examples of Creative Marketing Campaigns by Brands.pdf
5 Examples of Creative Marketing Campaigns by Brands.pdf
Adsy
ย 
35 Mind-Blowing AI Statistics for 2023 & Future.pdf
35 Mind-Blowing AI Statistics for 2023 & Future.pdf35 Mind-Blowing AI Statistics for 2023 & Future.pdf
35 Mind-Blowing AI Statistics for 2023 & Future.pdf
Adsy
ย 
How Marketing Uses AI Top Data & Insights to Know.pdf
How Marketing Uses AI Top Data & Insights to Know.pdfHow Marketing Uses AI Top Data & Insights to Know.pdf
How Marketing Uses AI Top Data & Insights to Know.pdf
Adsy
ย 
How to Market Gen Z in 2023
How to Market  Gen Z in 2023How to Market  Gen Z in 2023
How to Market Gen Z in 2023
Adsy
ย 
B2B and B2C Content Marketing Trends to Look for in 2023.pdf
B2B and B2C Content Marketing Trends to Look for in 2023.pdfB2B and B2C Content Marketing Trends to Look for in 2023.pdf
B2B and B2C Content Marketing Trends to Look for in 2023.pdf
Adsy
ย 
GPT-4 What It Is, What It Does, How It Deals with Content.pdf
GPT-4 What It Is, What It Does, How It Deals with Content.pdfGPT-4 What It Is, What It Does, How It Deals with Content.pdf
GPT-4 What It Is, What It Does, How It Deals with Content.pdf
Adsy
ย 
Can ChatGPT or AI Writing Tools Replace Content Writers.pdf
Can ChatGPT or AI Writing Tools Replace Content Writers.pdfCan ChatGPT or AI Writing Tools Replace Content Writers.pdf
Can ChatGPT or AI Writing Tools Replace Content Writers.pdf
Adsy
ย 
ChatGPT What It Is and How Writers Can Use It.pdf
ChatGPT What It Is and How Writers Can Use It.pdfChatGPT What It Is and How Writers Can Use It.pdf
ChatGPT What It Is and How Writers Can Use It.pdf
Adsy
ย 
45 Instagram Growth Tips for Business Owners.pdf
45 Instagram Growth Tips for Business Owners.pdf45 Instagram Growth Tips for Business Owners.pdf
45 Instagram Growth Tips for Business Owners.pdf
Adsy
ย 
5 Instagram Marketing Trends for Businesses to Know in 2023.pdf
5 Instagram Marketing Trends for Businesses to Know in 2023.pdf5 Instagram Marketing Trends for Businesses to Know in 2023.pdf
5 Instagram Marketing Trends for Businesses to Know in 2023.pdf
Adsy
ย 
7 Types of Bad Backlinks to Get Rid of.pdf
7 Types of Bad Backlinks to Get Rid of.pdf7 Types of Bad Backlinks to Get Rid of.pdf
7 Types of Bad Backlinks to Get Rid of.pdf
Adsy
ย 
Guest Blogging 101.pdf
Guest Blogging 101.pdfGuest Blogging 101.pdf
Guest Blogging 101.pdf
Adsy
ย 
11 Ways How Content Writing Helps Business.pdf
11 Ways How Content Writing Helps Business.pdf11 Ways How Content Writing Helps Business.pdf
11 Ways How Content Writing Helps Business.pdf
Adsy
ย 
How to rank higher than your competitors in 5 steps.pdf
How to rank higher than your competitors in 5 steps.pdfHow to rank higher than your competitors in 5 steps.pdf
How to rank higher than your competitors in 5 steps.pdf
Adsy
ย 
6 Steps to Building Your Brand Affordably.pdf
6 Steps to Building Your Brand Affordably.pdf6 Steps to Building Your Brand Affordably.pdf
6 Steps to Building Your Brand Affordably.pdf
Adsy
ย 
5 Steps to Social Media for Small Businesses + Monetization Tips.pdf
5 Steps to Social Media for Small Businesses + Monetization Tips.pdf5 Steps to Social Media for Small Businesses + Monetization Tips.pdf
5 Steps to Social Media for Small Businesses + Monetization Tips.pdf
Adsy
ย 
Why SMBs Should Use Digital Tools.pdf
Why SMBs Should Use Digital Tools.pdfWhy SMBs Should Use Digital Tools.pdf
Why SMBs Should Use Digital Tools.pdf
Adsy
ย 

More from Adsy (20)

How Will AI Influence SEO in 2024. Explained by 19 Experts.
How Will AI Influence SEO in 2024. Explained by 19 Experts.How Will AI Influence SEO in 2024. Explained by 19 Experts.
How Will AI Influence SEO in 2024. Explained by 19 Experts.
ย 
The Future of AI in Digital Marketing Transforming Customer Experiences.pdf
The Future of AI in Digital Marketing Transforming Customer Experiences.pdfThe Future of AI in Digital Marketing Transforming Customer Experiences.pdf
The Future of AI in Digital Marketing Transforming Customer Experiences.pdf
ย 
15 AI-Based Tools for Effective Content Marketing.pdf
15 AI-Based Tools for Effective Content Marketing.pdf15 AI-Based Tools for Effective Content Marketing.pdf
15 AI-Based Tools for Effective Content Marketing.pdf
ย 
5 Examples of Creative Marketing Campaigns by Brands.pdf
5 Examples of Creative Marketing Campaigns by Brands.pdf5 Examples of Creative Marketing Campaigns by Brands.pdf
5 Examples of Creative Marketing Campaigns by Brands.pdf
ย 
35 Mind-Blowing AI Statistics for 2023 & Future.pdf
35 Mind-Blowing AI Statistics for 2023 & Future.pdf35 Mind-Blowing AI Statistics for 2023 & Future.pdf
35 Mind-Blowing AI Statistics for 2023 & Future.pdf
ย 
How Marketing Uses AI Top Data & Insights to Know.pdf
How Marketing Uses AI Top Data & Insights to Know.pdfHow Marketing Uses AI Top Data & Insights to Know.pdf
How Marketing Uses AI Top Data & Insights to Know.pdf
ย 
How to Market Gen Z in 2023
How to Market  Gen Z in 2023How to Market  Gen Z in 2023
How to Market Gen Z in 2023
ย 
B2B and B2C Content Marketing Trends to Look for in 2023.pdf
B2B and B2C Content Marketing Trends to Look for in 2023.pdfB2B and B2C Content Marketing Trends to Look for in 2023.pdf
B2B and B2C Content Marketing Trends to Look for in 2023.pdf
ย 
GPT-4 What It Is, What It Does, How It Deals with Content.pdf
GPT-4 What It Is, What It Does, How It Deals with Content.pdfGPT-4 What It Is, What It Does, How It Deals with Content.pdf
GPT-4 What It Is, What It Does, How It Deals with Content.pdf
ย 
Can ChatGPT or AI Writing Tools Replace Content Writers.pdf
Can ChatGPT or AI Writing Tools Replace Content Writers.pdfCan ChatGPT or AI Writing Tools Replace Content Writers.pdf
Can ChatGPT or AI Writing Tools Replace Content Writers.pdf
ย 
ChatGPT What It Is and How Writers Can Use It.pdf
ChatGPT What It Is and How Writers Can Use It.pdfChatGPT What It Is and How Writers Can Use It.pdf
ChatGPT What It Is and How Writers Can Use It.pdf
ย 
45 Instagram Growth Tips for Business Owners.pdf
45 Instagram Growth Tips for Business Owners.pdf45 Instagram Growth Tips for Business Owners.pdf
45 Instagram Growth Tips for Business Owners.pdf
ย 
5 Instagram Marketing Trends for Businesses to Know in 2023.pdf
5 Instagram Marketing Trends for Businesses to Know in 2023.pdf5 Instagram Marketing Trends for Businesses to Know in 2023.pdf
5 Instagram Marketing Trends for Businesses to Know in 2023.pdf
ย 
7 Types of Bad Backlinks to Get Rid of.pdf
7 Types of Bad Backlinks to Get Rid of.pdf7 Types of Bad Backlinks to Get Rid of.pdf
7 Types of Bad Backlinks to Get Rid of.pdf
ย 
Guest Blogging 101.pdf
Guest Blogging 101.pdfGuest Blogging 101.pdf
Guest Blogging 101.pdf
ย 
11 Ways How Content Writing Helps Business.pdf
11 Ways How Content Writing Helps Business.pdf11 Ways How Content Writing Helps Business.pdf
11 Ways How Content Writing Helps Business.pdf
ย 
How to rank higher than your competitors in 5 steps.pdf
How to rank higher than your competitors in 5 steps.pdfHow to rank higher than your competitors in 5 steps.pdf
How to rank higher than your competitors in 5 steps.pdf
ย 
6 Steps to Building Your Brand Affordably.pdf
6 Steps to Building Your Brand Affordably.pdf6 Steps to Building Your Brand Affordably.pdf
6 Steps to Building Your Brand Affordably.pdf
ย 
5 Steps to Social Media for Small Businesses + Monetization Tips.pdf
5 Steps to Social Media for Small Businesses + Monetization Tips.pdf5 Steps to Social Media for Small Businesses + Monetization Tips.pdf
5 Steps to Social Media for Small Businesses + Monetization Tips.pdf
ย 
Why SMBs Should Use Digital Tools.pdf
Why SMBs Should Use Digital Tools.pdfWhy SMBs Should Use Digital Tools.pdf
Why SMBs Should Use Digital Tools.pdf
ย 

Recently uploaded

Buy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star ReviewsBuy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star Reviews
usawebmarket
ย 
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Boris Ziegler
ย 
Bร i tแบญp - Tiแบฟng anh 11 Global Success UNIT 1 - Bแบฃn HS.doc
Bร i tแบญp - Tiแบฟng anh 11 Global Success UNIT 1 - Bแบฃn HS.docBร i tแบญp - Tiแบฟng anh 11 Global Success UNIT 1 - Bแบฃn HS.doc
Bร i tแบญp - Tiแบฟng anh 11 Global Success UNIT 1 - Bแบฃn HS.doc
daothibichhang1
ย 
20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf
tjcomstrang
ย 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
RajPriye
ย 
Cracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptxCracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptx
Workforce Group
ย 
Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...
dylandmeas
ย 
Bร i tแบญp - Tiแบฟng anh 11 Global Success UNIT 1 - Bแบฃn HS.doc.pdf
Bร i tแบญp - Tiแบฟng anh 11 Global Success UNIT 1 - Bแบฃn HS.doc.pdfBร i tแบญp - Tiแบฟng anh 11 Global Success UNIT 1 - Bแบฃn HS.doc.pdf
Bร i tแบญp - Tiแบฟng anh 11 Global Success UNIT 1 - Bแบฃn HS.doc.pdf
daothibichhang1
ย 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
creerey
ย 
Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...
Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...
Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...
Lviv Startup Club
ย 
Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...
Lviv Startup Club
ย 
An introduction to the cryptocurrency investment platform Binance Savings.
An introduction to the cryptocurrency investment platform Binance Savings.An introduction to the cryptocurrency investment platform Binance Savings.
An introduction to the cryptocurrency investment platform Binance Savings.
Any kyc Account
ย 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
SynapseIndia
ย 
In the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptxIn the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptx
Adani case
ย 
Sustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & EconomySustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & Economy
Operational Excellence Consulting
ย 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
Aurelien Domont, MBA
ย 
Set off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptxSet off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptx
HARSHITHV26
ย 
amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
marketing317746
ย 
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdfModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
fisherameliaisabella
ย 
Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111
zoyaansari11365
ย 

Recently uploaded (20)

Buy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star ReviewsBuy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star Reviews
ย 
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
ย 
Bร i tแบญp - Tiแบฟng anh 11 Global Success UNIT 1 - Bแบฃn HS.doc
Bร i tแบญp - Tiแบฟng anh 11 Global Success UNIT 1 - Bแบฃn HS.docBร i tแบญp - Tiแบฟng anh 11 Global Success UNIT 1 - Bแบฃn HS.doc
Bร i tแบญp - Tiแบฟng anh 11 Global Success UNIT 1 - Bแบฃn HS.doc
ย 
20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf
ย 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
ย 
Cracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptxCracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptx
ย 
Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...
ย 
Bร i tแบญp - Tiแบฟng anh 11 Global Success UNIT 1 - Bแบฃn HS.doc.pdf
Bร i tแบญp - Tiแบฟng anh 11 Global Success UNIT 1 - Bแบฃn HS.doc.pdfBร i tแบญp - Tiแบฟng anh 11 Global Success UNIT 1 - Bแบฃn HS.doc.pdf
Bร i tแบญp - Tiแบฟng anh 11 Global Success UNIT 1 - Bแบฃn HS.doc.pdf
ย 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
ย 
Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...
Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...
Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...
ย 
Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...
ย 
An introduction to the cryptocurrency investment platform Binance Savings.
An introduction to the cryptocurrency investment platform Binance Savings.An introduction to the cryptocurrency investment platform Binance Savings.
An introduction to the cryptocurrency investment platform Binance Savings.
ย 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
ย 
In the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptxIn the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptx
ย 
Sustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & EconomySustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & Economy
ย 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
ย 
Set off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptxSet off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptx
ย 
amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
ย 
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdfModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ย 
Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111
ย 

13 Stages for Launching and Growing Your Online Business.pdf

  • 1. 13 Stages for Launching and Growing Your Online Business Adsy - Guest Posting Service
  • 2. Does this mean you should give up on launching and running your own online business? Of course not! Today, you will learn about the 13 steps you need to take to start an effective business and also develop it. According to WPForms, there are up to 24 million eCommerce sites.
  • 3. 1. Make a test first Try to sell your idea to people that you donโ€™t know. Make it at least three times. That ensures that you get objective results from your test. Thatโ€™s the vital step you have to take before investing in your future business.
  • 4. 2. Describe the main idea Put all your ideas and visions together and write them down. Describe why your products or services are good. Also, think of what makes them 10% or even more percent better than products from competitors.
  • 5. 3. Now make it ten times easier to launch At this stage, try to minimize your costs. Build an MVP that will be enough to present on the market and gather the first feedback. You donโ€™t want to spend hundreds of thousands of dollars on product launch and development without knowing if customers will even buy it. So, gather your feedback and make some changes if needed.
  • 6. 4. Create the first version within one to three months Simplify your initial business idea so that you can create it within just one to three months and spend not more than 10%-20% of your budget at this stage. We advise you to do so, while in reality, the whole process might take even longer. Besides, you will need most of your budget in the next stages.
  • 7. Item 1 Item 2 Item 3 Item 4 Item 5 40 30 20 10 0 5. Launch and attract the first visitors & customers with a minimum budget Itโ€™s possible to do it quickly and easily with paid ads. You need them to get the first buyers and get feedback from them before you actually start developing and upgrading your products. Generally, you will see if people are interested in your services at all and what they want you to improve. Thatโ€™s a really essential part, as you donโ€™t want to waste budgets on goods nobody buys.
  • 8. 6. Once youโ€™ve got the first sales - gather & analyze feedback Talk to your customers and find out what they need, why they have bought your product, and what it lacks. Ask them many various questions related to your goods. The point is to do it yourself, as only you know what questions to ask and how to interpret usersโ€™ answers. Moreover, sometimes you will need to guess what your customers really meant but havenโ€™t told you.
  • 9. 7. Improvement and new launch Take care of on-page optimization, Write quality and unique content, Do off-site optimization. Improve your product or service and your website to increase conversion rates, then launch another small campaign. At this stage, you can invest in SEO. Do the next three things in terms of SEO:
  • 10. Create a great landing page with good copywriting Make a stunning and engaging headline Add a sign-up form while itโ€™s a must 8. Grow your conversion rates To increase your conversion rate, make the following improvements to your site: Add reviews from happy customers
  • 11. 9. Increase investing when ROI comes closer to zero from big minus As soon as your conversion rates allow your advertising to pay off at least 10% (i.e., you spend $1,000 and you get $900), start increasing your ads spendings (if you have investments, of course). These investments in ads will pay off with time and start generating more profit, thanks to returning customers.
  • 12. 10. Build a sales pipeline to better track, analyze and improve your conversion rates Donโ€™t forget to find all your bottlenecks - stages where you lose most of your customers. Ask yourself what you should improve first. Focus on increasing the weakest places of your pipeline because the Pareto rule says: โ€œ20% of efforts bring 80% of results.โ€
  • 13. 11. Remember the income formula A formula for your business success: People * CTR * CTL * CTC * LTV * Margin = Your income people - the number of people who see your website CTR - the percentage of Click Through Rate CTL - the percentage of Conversion to a Lead CTC - the percentage of Conversion to Customer LTV - an average Life-Time Value of a customer, which depends on the number of repeating purchases and customer lifetime in your business Margin - the percentage of margin of your business A pro tip: If you increase each value of the formula by at least 15%, your income will DOUBLE
  • 14. 12. Keep gathering feedback from your customers and making ongoing improvements Feedback collection should become an ongoing process in your business, as well as always tracking and increasing your conversion rates at every stage.
  • 15. 13. Hire the best specialists for the money that you can afford You shouldnโ€™t hire all specialists at once. Take each step one by one, starting from the most important roles. People are the most important part of your business. Thatโ€™s especially essential for your growth stage company.
  • 16. 25% of new businesses make it to 15 years or more. And we want you to be among these successful entrepreneurs! So, use these helpful tips to successfully launch and grow your business.
  • 17. Hit us up via: Make sure your business is visible online! Build quality links to rank higher on SERP. Email - support@adsy.com Website - adsy.com LinkedIn - @Adsy - Guest Posting Service