Maybe you are one of the self-motivated individuals who would rather work for yourself. If you are, you have considered starting your own business. One of the easiest ways to be your own boss is to start an online business. Now, the big question is, “What is the best way to start an online business?”
- 1 What kind of online business can I start?
- 2 Starting an online business at home
- 3 Top rated online business
- 4 Be aware
- 5 The best way to start an online business
- 6 Best online business training
- 7 Wealthy Affiliate
- 8 Cost of Wealthy Affiliate
- 9 Pause
What kind of online business can I start?
There are many types of online businesses out there. The types range from products for daily use to those that are used rarely. There are businesses that sell information. Others sell services. Others promote lifestyle products.
Then there are those that sell entertainment. The type of entertainment covers a wide range. Some entertainment is in the form of stories or ebooks. Still, others come in the form of video presentations from “how to” to comedy and music.
If you are an information junky you might consider a blog reviewing different products and rating them. Perhaps you could write reviews about things that are of interest to you.
For those who like to stay constantly busy, you might begin your own online store. You might choose a niche in which you promote certain types of products. Or you could set up an Ebay store and sell a wide variety of products.
Most online storefront businesses are structured around dropshipping. You build your site and display hundreds of products and their prices. You do not keep any of these yourself. Before building your store site, you sign up with a product provider. There are hundreds of “dropshippers” who sell a wide range of products.
You signup with whomever you choose and have access to their catalog. You will be able to purchase their products at wholesale cost. But, you do not need to purchase them before you sell them through your online store. When you do make a sale, you pay the supplier his price plus shipping, if any. You keep the difference as your profit. The dropshipper will take care of the delivery to the purchaser.
Dropshipping can be a big business but it can also consume large amounts of time. You should take that into consideration. Some online businesses can be more time consuming than the typical 40 hour week.
Starting an online business at home
To start an online business at your home there are a few tools you must have. I assume that you have two of them because you are reading this blog. You must have a computer of some type; a desktop or laptop. Some people even use just a smartphone. But, a real computer is the most useful and convenient to use.
The other thing is access to the internet. Hopefully, you have a somewhat high-speed connection. The higher the speed, the better.
With these two tools, you are almost ready to launch your business.
It is now that I want to introduce you to the top rated type of online business.
Top rated online business
The most used and most successful form of online business is called affiliate marketing. You may have heard of it and you may not have heard of it. The term “affiliate” means to associate with or to attach or unite with. In essence, you associate with a business or product and promote or advertise them through your website.
In affiliate marketing, you can write articles and reviews of the products and forward people to them. You may just write interesting articles and then invite people to visit the business you associate with. Sales are not made on your site. You provide an audience and forward them to your affiliate business.
How do you make money?
Your business is not to sell the products. The goal of your business is to aim the people at the product or service. This is done through links to the site of the business with which you are affiliated. When your readers go to the business site and make a purchase, you get a percentage of the purchase price. The seller knows who you are because you have registered with him and he gave you the link. That link contains a code which tells him that you directed the buyer.
What your goal is, is to inform people in such a way that they want to buy products associated with you. Your time involvement is that of writing good articles that people want to read. You then must get ranked on the search engines to get traffic to your site. The more traffic you get, the more likely they will click through to the business you are affiliated with.
Building an affiliate marketing business will take time. It varies, depending on the consistency of the building of your site. It may take between 3 months and 2 years to begin making steady money from your business. Once it starts making money, it becomes just a matter of good maintenance. You can even take weeks off and still have a good income.
There are some scammers who will try to sell you an affiliate marketing site. They will promise that you will make money almost immediately. Your site will already be made up and ready to launch. And there is a site. But, be aware, if you do not know how to maintain and build your site, it is no good.
To be a good affiliate marketer you must know how to maintain and add to your site. It does not matter how pretty a site is, if you do not know how to rank it, you are lost. If you want to succeed at affiliate marketing you need to know the tools of the trade.
If someone tries to sell you a site but does not provide the tools, do not waste your time. Prices for websites and programs for affiliate marketing range from $5000 down to $199. Those that have a one-time price are usually scams and will leave you broke and without knowledge.
But, be aware also of those that offer a supposedly great deal for a fraction of the price. They are usually not worth the “fraction”.
The best way to start an online business
I would like to share with you what, to me, is the best way to start an online business. The program that I recommend is Wealthy Affiliate. The reason I say that it is the best is that I tried some of the others. I lost thousands of dollars in the process.
When I found Wealthy Affiliate I began to grow in the knowledge of how to build an online business. I learned how to build my website. In fact, I have built several websites. And they are beginning to rank on the search engines. That means people are linking to businesses I promote. As they purchase goods, I get a percentage of the sale. It has taken a little while, but it is growing steadily.
Best online business training
You may be wondering how all this happens. Wealthy Affiliate has the biggest library of tutorials and videos on affiliate marketing of any platform. They are a worldwide program and have 24-hour support. No matter where you are, you can get help in a matter of minutes.
The program has been around for over 14 years and has helped more than a million people build their business. The archives of lessons and tutorials and webinars grow each week. If you cannot find a video or tutorial, ask for help on support. Or you can just go to live chat and converse with fellow members.
You may be wondering, just what is the cost and what is involved? Anything of worth is worth paying for. But Wealthy Affiliate wants to earn your trust first. Everybody begins with a Free membership. You do not even need to register a credit card, just an email.
Your Free membership entitles you to ten free lessons. You will learn how to build your own website and launch it. You will learn how to choose a “niche” to build your business around. To do this, you will receive 2 free websites and free hosting for those websites. The Free membership will last as long as you wish.
If after trying the Free membership you decide that Wealthy Affiliate is for you, then join the Premium Membership. That is the highest level. No more funnels. You will have access to an almost endless array of tool teachings. Plus, you will have access to 25 free websites hosted by Wealthy Affiliate. You can also register up to 25 domains that you may have or purchase.
I could go on but I shall post a chart below to show you all the advantages you will get. But I shall insert a chart below to show you.
Cost of Wealthy Affiliate
Wealthy Affiliate is not a one-time cost program. It is continually growing to meet the needs of its members. However, the cost is unimaginably low. It only costs $49 a month. That is really inexpensive when you consider the tools and knowledge made available to you. If the tools you use were purchased separately you would spend hundreds if not thousands a month.
Of course, you can save by purchasing a membership by the year, but that’s up to you. I recommend that you work through the ten lesson Free membership. Then, you decide if Wealthy Affiliate is for you. If you decide, no, then you are a little wiser and more knowledgeable.
But, if you decide to join, you will begin the great adventure building your own online business. I can guarantee you that it is the best way to start an online business. I know, because I am doing it.
Before you continue, pause for a minute and decide the direction you choose. If you are a Christian I encourage you to pray about it and seek God’s direction for you. I believe that God wants all His children to prosper, but you know best where He wants you.
God bless you and prosper you in all that you do.