Thursday, February 12, 2009

The 4 Essentials of Online Business Ownership

It’s true that running an online business takes time, energy, effort, and consistent action, but when you separate out the elements of what it takes to become an online business success, it’s really easier than it looks. When most people consider starting a business online, they are intimidated by the online gurus already out there who started their businesses from the beginning of all internet time. Yes, there is a learning curve if you hope to be successful, but if you concentrate on the following four essential pieces of the online business puzzle, you can expect to see positive results over time:The first essential element is that you need to grow and maintain a responsive list of customers that you can communicate with regularly. In the online business world, this means having a newsletter that your website visitors can sign up to from your website.

How do you create a newsletter? Some programs that you join may offer a series of pre-written email messages that go out to your subscribers. Of course you can and should create your own messages to supplement those by sending broadcast messages to your entire list. If you want to create your own, you may want to provide a year’s worth of messages that go out maybe every other day. You don’t have to do this all at once, you can write a little bit each day, and add each new message to your autoresponder. This is a huge time-saver, so you should definitely invest in an autoresponder service if it doesn’t come with the program you have joined.When you have a newsletter and an autoresponder to send your messages automatically, you have to think about how you are going to get people to subscribe to your email list.

It isn’t usually as easy as placing a popup onto your site where visitors can type in their names and email addresses. Most people don’t want their inboxes to be packed with emails from different newsletter lists, so people are very selective after a while about whose list to join. Why would they want to sign up for yours in particular? You have to tell them why by giving them a very good reason to join. Usually this means offering a free report, an ebook, or offering a short e-course that will tell them something they really want to know that they can’t easily get someplace else. Popups on your site that allow people to type in their names and email addresses are effective, but not if there are no incentives attached.

Even more effective is creating an opt-in page filled with incentives for joining your list, and circulating this on the traffic exchanges to get new signups.The second essential element of online business ownership is generating traffic to your site and to your sign-up forms so that you can build your list. There are many ways to generate traffic. One of the main ways is to use traffic exchanges where you type in an advert and link to your site that gets viewed by others who are surfing the traffic exchanges for opportunities or credits. In a traffic exchange, you don’t really want to display a complex website that has a lot of information on it. Most people surfing traffic exchanges either won’t read long and drawn out information pages, but will be on the site long enough to take a quick glance at a short page that gives them a quick and easy way to sign up for your newsletter. If you choose the best traffic exchanges, you can expect to get signups from this method.

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