Building An Online Business

It’s no secret that e-commerce has skyrocketed in the past ten years. Years ago most of us saw the world of online jobs as get-rich quick schemes and scams, but today the Internet is bursting at the seams with real money making opportunities. Online purchasing of products and services has turned into big businesses, and you may have thought about building your own online business to test the waters. But building a successful company isn’t a one-click or overnight phenomena. It takes investment, commitment and skill.

The majority of individuals who embark on starting their own virtual storefronts are newbies. They’ve never owned nor run a business on their own. They’ve never seen the many things that go on behind the scenes, from marketing and customer follow up to knowing when it’s time to hire a pro. Creating a business can be a long and tedious process, and a virtual business is no exception.

Why Build Online?A beautiful woman on her computer while having breakfast

We are living in the age of the Internet. Every serious company has a website. Every serious seller sells online. People want convenience, and they know they can get it from cyber stores and companies.

Aside from pleasing the customer, building online offers the perk of reducing startup and overhead costs. Starting an online company is markedly cheaper and faster than a traditional business. You can startup from home with your computer, a few free accounts and basic software. You can even start earning a small profit before moving to paid accounts and more complex software as your business grows.

The Trick is Traffic & Training

Even the most simple of websites can generate a three- to five-figure monthly income. It boils down to creating a site rich in content and ads. Affiliate programs may seem like a tedious way to earn income, but they can provide a strong money pool to launch your unique product or service from. Anyone can do it, right? Unfortunately, no, not everyone can.

Hundreds of people try and fail on a daily basis, and many are left so frustrated, confused and discouraged that they start to see the online market as a giant scam. Nothing could be farther from the truth, and the truth can be seen in the thousands of bloggers and marketplace owners who share their success stories.

Almost every success story on the web contains the same key factor: traffic. If you can’t build a website that generates traffic, you won’t succeed at generating any monthly income. Building a traffic generating website takes training and skill, but you don’t have to be a technology guru to tackle it. On the contrary, you can grab the audience’s attention through three major things:

  1. An eye-catching website.
  2. Engaging, informative content.
  3. A social media presence that gets people involved in intelligent discussions looping back to your business.

Successful online business owners also attest to the importance of proper training. A simple slip on the technical side of your website creation can hinder your ability to attract traffic.

Every successful business owner has wrestled with failures to achieve his or her current success. It’s a process that takes time and hard work. You too can be a successful online business owner if you train up and stay dedicated.

Need Help Getting Started?

I would be happy to answer any questions you may have, please leave a comment below or you can get in touch with me at my Wealthy Affiliate profile.

6 thoughts on “Building An Online Business

  1. Pat

    I totally agree that you need to have the training and skill to generate traffic to your website. I’ve been building my site for 7 months now and just starting to get a trickle in traffic. It’s been slow in coming but I’m getting there. Appreciated the information. Nice site by the way 🙂 Patti

    1. Steve Post author

      Thanks Pat, it takes some time learn everything needed to generate the traffic plus it just takes time to work up the rankings. Stick with it, in the coming months you should see more traffic.

  2. Alex aka Canuck

    Great post!
    I initially started my first business on the internet because I was completely broke and an online business didn’t require any investment at all! I was lucky to find Wealthy Affiliate in my early stages – this got me moving a lot faster 🙂

    – Alex

    1. Steve Post author

      I wish I would have found Wealthy Affiliate in the early stages. I’ve spent a lot of money on different program over the last 2 years. It’s been a good experience/education and now with Wealthy Affiliate I’m taking things to the next level.

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