Aug 29, 2011

Five Steps in Your Online Business Setup

When you are starting online business, you can consider this five steps.

1. step is research. As first step you must know every aspect of you market. This is the base from which you must start, you must have clear picture of your market.

2. step is sourcing. After researching your market, you must decide, in which form your product will be  (physical, digital, content, services), and what you would invest (budget, time, knowledge).

3. step is building your website. You must decide between single product site, catalog site or content site. If you walked first two steps, third step would not be problem.

4. step is marketing. It can be paid, free, rented and passive. Mostly, it is combination.

5. step is control.  When you completed first 4 steps, you can control result. For this, you can use, for example Google Analytics. You can repeat steps, and control again.

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