Step By Step Guide To Starting Your Internet Business Part I
What you are about to read… is likely to change your life forever. My life has changed since the moment I decided to start my own internet business and eventually quit my day job as an engineer.
However, starting an internet business requires the same amount of effort as any real offline business. The only different between the two is the amount of start up capital. Starting an online internet business can be done with as little as $200 if you do it right. It cost me around $8,000 to realize the steps I need to start my own internet business and this article aims to share with you the steps I used to start mine.
1) Decide on a Market
The first thing you need to do is to research for a market or niche you are interested in. It is even better if it is one which is related to what you are passionate with. Do not worry whether there is a market for the niche you have selected because there are a lot of marketers out there who are making big buck with strange niche. One example is a website which is teaching people how to keep an iguana. The website actually makes six figure sales every year. This is because the internet is so huge that there are almost substantial markets for any niche you can think of. So start to brainstorm what is it you are really interested in now.
2) Search For Products
Once you have decided on the niche you are going into. There are two options available for you regarding the product. You can either start to create a product of your own or you can ride on the products available in those affiliate programs. Affiliate products are those that are already tool up by other marketers. All you have to do is to promote the products on your website and then get a commission for every product sold through you. A good place you can search for affiliate products is
Read the Part II article on this topic for more detail.
But remember this: The key to being successful in your internet marketing business lies in your ability to generate traffic to your site. Once you manage to master the skill to traffic generation, you will be able to achieve success in any niche you enter.
Ryan