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Online Business

Four Easy Ways to Save Money when Creating a Business Website

Five Ways to Save Money when Creating a Business Website

Whether you already have an existing business or are thinking of starting one, creating a website should be one of your first orders of business. A good business website can do you a number of favours, from helping potential clients find you to selling your products. Many beginning entrepreneurs put off creating a website, thinking that hiring a web designer will incur a hefty fee. Yet there are many ways to minimise your start-up costs and get online. The following tips can then help you save money.

  1. Conduct Preliminary Research

One of the most common mistakes that start-ups make is throwing a website online without taking the time to look at current design trends or formulate a clear strategy. To get started, you’ll need to think of a clear picture of what your goals are with this new website. Are you looking for a simple blog to post articles and interact with readers? Or are you more interested in selling your products and creating a user-friendly online store? These would be two very different websites, so it’s important that you clarify what the end product needs to look like before you begin.

  1. Use a Free Blogging Platform

For a fairly basic website, you can use a free platform like Blogger or WordPress. These blogging platforms allow you to choose from a variety of free templates and offer a simple content management system. You can also select and register a domain name through these sites; although it will cost money if you want to register “yourbusiness.com” rather than “yourbusiness.blogger.com.” WordPress also allows you to pay a bit more to customise your blog with unique colour themes and your company logo, rather than using one of the free templates.

  1. Shop Around and Find the Best Website Builder

If you want a more polished and fully customisable website, you might decide it’s worth paying for a professional web designer. Web design fees can vary quite a bit, and if you shop around and obtain several quotes you might snag a bargain. Don’t only look at local web designers. For example, you may have a business based in New York but find that a San Diego web development team offers more competitive prices than those in Manhattan. Web design and development can be contracted from a distance, so look at the bigger picture to get the best deals on a reputable company. You can save on a lot of trouble and time by searching for professional website builder services on dedicated website builder search engines such as www.top10bestwebsitebuilders.com to find the best website builder for you.

  1. Promote your Site on Social Media

Once your site is up and running, you’ll need to think about how to make sure that visitors can find it. It doesn’t make much sense for a start-up business to pay for advertising, when there are so many free or low-cost online marketing possibilities. One easy way to promote your business is by setting up social media profiles. This gives you an easy outlet to broadcast new products, sales, and other important news to your customers.

Building a website and network takes time, but it doesn’t necessarily have to cost you any money.

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Online Business

5 Tips for Starting an Online Business: from designing to protecting your website with affordable SSL certificate cost

Starting an online business is easy. Starting one that is successful and wildly profitable is difficult. Yes there are those inspiring rags to riches stories about entrepreneurs who seem to hit it big over night but they are the exception, not the rule. Making money online is one of the most highly searched topics on the internet today and has been for years.

  1. Designing Your Website and Communication Platform

After you have spent the necessary time and energy putting together your business plan and securing the necessary funding for your start up, you are going to need to build a website. (or have someone build it for you) Design the website as if you are the customer. Make the site user friendly with a simple navigation process that is easy to use, fun and unintimidating. Provide a positive online experience backed with excellent customer service. This will convert customers into long term fans and evangelists for you.

Use your site to capture information about past, future and potential customers. Your contact list will become an important and lucrative intellectual asset. One way to do this is to offer an opt-in newsletter. After you get established and have generated a significant list you will use it to generate an obscene amount of revenue from repeat business through ongoing email promotions. It is also a good idea to use a SSL certificate from SSL cert providers such as Thawte whenever you are passing personal information between the website and web server or database.

  1. Choosing a Web Hosting Company

Naturally you are going to need to engage a web hosting company to provide a server to store your web content. There are lots of multi-solution web hosting companies that provide storage space and even domain name registration, etc. The size and type of web hosting package you choose will be largely determined by the type of online business you are starting. Be sure to do your due diligence before choosing the vendor you will use. Find one that can provide you good customer support so that whenever a problem will be encountered, for example when you need to setup SSL security on your website.

You may want to consider engaging the services of a local webhost since they may be able to get your web pages loaded faster than being routed from an international server. Be sure to get references and make sure they are a reliable web host. Verify that they have been providing dependable service for similar types of online businesses as the one you are starting.

  1. Offering Online Payment Methods

Accepting payments on your website is the lifeblood of an online business. Consider offering as many payment options as you possibly can. Your shopping cart needs to be easy to use, hassle free and secure. Again, do your due diligence before choosing your payment processing provider. They need to be dependable and experienced in the kind of business you will be involved in. To enable payments to be made directly on your site, you will need to apply for your own merchant account with a merchant account services provider or you may opt to use a 3rd party payment services provider such as Paypal. Also invest in SSL certificates to provide confidence to online customers for them to complete their purchase.

  1. Preparing Your Backend System

If you are using a virtual store, it is crucial that you have a robust backend software system. It will be used to track all of the key information to aid you in making business decisions. These backend operations can include inventory management, reporting systems and credit card processing. There are numerous singular and all-in-one providers that have the ability to provide you with custom-made solutions depending on your needs. Be sure to acquire backend software that provides you with accurate and real-time information. A good solid and reliable backend system combined with utilizing SSL certificates from reputed trusted provider like Thawte enable you to make informed decisions from customers purchasing information that will help you guide the business as it grows.

While it sounds very technical and abstract, do not underestimate the importance of a trusted backend system secured by SSL certs. SSL stands for Secure Sockets Layer and is a form of security for online websites that handle sensitive information such as customer names, phone numbers, addresses and credit card numbers. It creates a secure connection between a customer’s web browser and the server of the company they’re interacting with.

In order to meet Payment Card Industry compliance, an online business needs an SSL certificate with the proper encryption of at least 128-bit from a trusted source, so in order to be able to offer credit card payments to customers, be sure to invest in the requisite SSL certificate cost for customers’ peace of mind when doing business with you.

  1. Marketing Your Online Store

Frankly, marketing is in some respects the most important aspect of your new venture. It will largely determine whether your venture is a success or not. Without effective marketing you don’t get sales. Without sales, nothing else matters. Many first time online marketers assume that if they have a great product or service and a great website, that they are going to sit back and generate sales. That just isn’t how it works.

  • Optimize your website – Using your website to generate interest and to be a proactive part of your marketing campaign requires a high ranking on Google, Bing and other major search engines. That does not happen automatically. The ability to drive visitors to your site through organic search queries virtually always requires search engine optimization (SEO).
  • Don’t just rely on search engines to drive sales – The second hard fact of online marketing is that your website will seldom be the main marketing vehicle that generates viewers through organic search. Unless your site is ranked high on the first page of Google and other search engines, you cannot count on your website as a major proactive method of marketing your services.
  • Consider affiliate marketing – Affiliate programs can be extremely effective if they are a good fit for your business model and you have profit margins that can support them. An affiliate program pays other online marketers a commission for driving new customers to your website.

Hopefully this information has given you a little food for thought. An online business can be fun and exciting. It also takes some serious planning. Good luck in making your first online fortune.

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Online Business

5 Intangibles Your Ecommerce Business Should Be Focusing On, But Isn’t

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Article Contributed by Lori Wagoner

At any given time, there are thousands of small business entrepreneurs looking to create a meaningful presence on the web. As you read this, some traditional businesses are finding a new home online, some “purely online” ecommerce businesses are taking birth, and the mad rush for every website out there to go mobile is only intensifying.

If you are an entrepreneur just starting out, you’ll eventually face what is called “information paralysis” – the sheer weight of information that threatens to freeze you. You aren’t responsible for this information overload, but your best bet is to absorb what matters to you and stay committed to make your ecommerce business work.

Pulling out your new ecommerce site from the hidden corners of the web and taking to stupendous popularity (and profits) is sweat-inducing, scary hard work. Slap focus together with assiduousness and your ecommerce business will see new light.

The hidden lure of conversions

There was a time when you could boast about the traffic your website has been getting over the past few months or ears and everyone would lend an ear. Today, things are different. Conversions are the new order of the day and what you do to get traffic has nothing to do with what you need to convert visitors.

If getting traffic is like meeting random strangers for fun, conversion marketing is like marriage (a lot more work goes into it). Stoney G deGeyter revealed on Pole Position Marketing that relationships are the dirty secret of sales and profits, and this applies to you even if you are an ecommerce business with only a purely online presence.

To convert, you need awareness, continual engagement, and insights about your target customers. Unlike traffic which you can pretty much “buy” with money, conversions are born out of love and engagement. You can never buy your way into your potential customers’ hearts; you can only earn it.

On being social

You know what happens to people when they are obsessed with themselves don’t you? We all realize that narcissism is a major turnoff for people in general, Yet that’s exactly some people – and most companies – end up displaying over and over again. The more you dwell on your company, products, brands, and services, the farther your customers get away from you.

As Trish Forant explains on Exact Target, there are some social media best practices that aren’t too hard to implement. Follow others, stay in the loop, be social, keep your messages succinct, be transparent, and get proactive.

You could sell the world’s best services or products but none of that is going to matter if you focus on “your” business. Instead, focus on building relationships (both online and offline). Social media is great for quick conversations and effective engagement.

A lot of businesses have a social presence. But presence isn’t enough. Seek to meet people within your network. Like, share, contribute to conversations, and then arrange to draw your audience out to a real place to meet in person.

Focus on people instead of automation

Automation or even semi-automation is awesome for your business. It helps your operations smoother and more effective with the help of technology. Yet, when you do too much of it, you are deviating from what your business should be doing in the first place: serving customers.

By all means, automate what the transactional parts of your business. For instance, if you’re an internet retailer, Shopify gives you a web-based point of sale system to ease the process of accepting payments, syncing product catalogs, and sending receipts. But stay away from automating processes that demand your personal inputs or interaction which eventually add a lot to customers’ perceived value of your business. Resist the urge to schedule too many social media updates with apps such as HootSuite or Buffer, useful though they are.

Automating critical parts of your business such as personal interactions with customers and customer service is like the owner of a retail establishment who spends most of the time inside their air conditioned office instead of being out on the floor greeting and helping out customers.

The act of showing up

The tables have turned for businesses all over the world. Today, it’s all about showing up and making contributions even before you seek that first $1. It’s all about giving rather than getting. It’s about helping before asking for help. It’s about solving problems and providing intellectual expertise rather than “pushing to sell.”

From personal branding to corporate branding, it’s about the digital hustle. Where and how do you show up?

You squeeze content out of your business, that’s how. Start with your blog, create workflows for blogging, answer questions on Quora, tweet out quick tips, and contribute with your insights on LinkedIn groups. Of course, you still have comments and forums to show up at.

Campaigns with a purpose

The lack of purpose – for companies and individuals – is an online epidemic. It’s hard to narrow down to a singular purpose, of course. Yet, it’s the common ground that most successful products, services, and brands are built.

Marketing campaigns cost you money. Get them wrong and you’d better not have spent anything at all. It could be easier if you identify the characteristics of a good marketing campaign from the outset.

Every piece of content, social media update, forum conversation, and guest blog should have a purpose. That also applies to sponsorship and advertising (ad words, social ads, or mobile ads). All that content you create, for instance, has the possibility to fall into one of the eight types of content as noted by Emily Wisely of Evolve Digital Labs.

Don’t start campaigns without a purpose. Once you determine a purpose, there’s a system in place for it. If you want to build your newsletter opt-in list, this qualifies as your purpose. The campaign would have a source (the target audience), a gateway such as landing page, and a database to store your inventory (of emails).

Your ecommerce business could very well be a miracle on servers. How wiling are you to take this up?

About the Author

Lori Wagoner is an independent content strategist who gives online marketing advice to small businesses. Lori has blogged at Tweak Your Biz, The Social Media Hat and many other business and tech blogs. You can reach her @LoriDWagoner on Twitter.

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Online Business

How to Get the “YouTube Booster” Effect

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YouTube has changed the online landscape and dominates the web, with more than 1 billion unique users each month. Over 100 hours of video are uploaded to YouTube every minute, and YouTube now reaches more US adults ages 18 – 34 than any cable network. Just to put that into perspective, if YouTube were a country, it would be the third largest in the world, just after China and India.

With that kind of reach, YouTube represents an enormous opportunity for small business owners to get significantly more visibility and exposure.
However, with billions of videos on the video channel, it’s very easy to get lost in the YouTube jungle. In fact, 53% of YouTube’s videos get less than 500 views, and about 30% have less than 100 views. Meanwhile, a miniscule 0.33% have over a million views.

Granted, it’s not all about the numbers, but you do want your video to be seen by as many people as possible. More video views means more engagement, and more engagement means more potential customers!

Fortunately, there are several little-known strategies to optimize your videos on YouTube to give you the “YouTube Booster” effect:

1. Begin With the Basics – It all starts with the upload and your title, description and tags. Be sure to use a descriptive, keyword-rich title. “How to Get More Video Views on YouTube” is pretty good, but “My cool video” won’t cut it as a title. Next, your description should also contain your keywords and should include your full URL. So one of mine might start with http://www.loubortone.com presents how to get more video views on YouTube… YouTube gives you a ton of space for your video description, so take advantage of that real estate. The Tonight Show with Jimmy Fallon is a great example of how to crush it with the basics. They do a great job optimizing their videos. Lastly, use the tags section to once again list your keywords.

2. Capitalize on Keywords – The importance of keywords cannot be emphasized enough. This is how people find your videos on Google and other search engines, so make sure you’re using your best keywords and consistent keyword phrases. This will also help to “connect” your videos so your other videos show up as related videos.

3. Add Awesome Annotations – Video annotations are a powerful, but under-utilized tool for making your videos more interactive and guiding your viewer to take the desired actions. Annotations can be text, overlays, speech-bubbles or notes, and can be live links to your other videos, playlists, a subscribe link, or even a link back to your main website.

4. Nail Your Thumbnails – YouTube gives you a choice of three thumbnails to represent your video, but you can also add a custom thumbnail to better display what your video is about. Since the three thumbnails YouTube offers are typically pretty random and lame, you’d be crazy not to add a custom thumbnail, where you get to decide what the viewer sees. Create and upload your own thumbnail to take advantage of this option. Many potential viewers will decide whether or not to click on your video simply based on your thumbnail image!

5. Show Up and Share – Finally, be sure to share and distribute your video for maximum reach. Look for the “share” button, which will open up a menu of social media icons and platforms where you can share your video directly from YouTube. You will have to “connect” your accounts first, but once that’s done, it’s easy to share your video to your social media sites with just one click!

Taking the time to optimize your videos with these five steps will help you make the most of YouTube and put you way ahead of your competition. And who knows? With a little luck and persistence, you may even go viral!

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Online Business

Relying too much on vanity metrics? #entrepreneurfail: Startup Success

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New Webcomics series brought to you by #entrepreneurfail and GetEntrepreneurial.com. Enjoy!

My page views doubled last week. Originally I would have patted myself on the back and celebrated a bit, but not this time. I’ve learned that I was focusing too much on “vanity metrics”.

I first found out about vanity metrics from The Lean Startup by Eric Ries. Some examples of these superficial metrics include indicators like registered users, number of downloads, and raw pageviews. They are easily concocted and manipulated, and often don’t correspond to the figures that really matter.  Some examples of these actionable metrics include engaged users, customer acquisition, revenues and profits.

Too often new entrepreneurs fall in love with their vanity metrics – myself included.  In addition to raw page views, I was constantly comparing my site to random external companies, looking endlessly at metrics like my Alexa ranking.  The false sense of success is an #entrepreneurfail. The key lesson is to not focus on the surface metrics that sound good, but instead to focus on concrete indications of business growth.

For those of you who aren’t familiar with Snow White, this comic was inspired by the Queen who was so vain, she needed reassurance that she was the most beautiful, even though it wasn’t true!  Don’t get caught in the same trap!

What are some examples of vanity metrics you have fallen in love with?  To read more about actionable metrics, check this article.

This was originally created by Kriti Vichare for #entrepreneurfail: Startup Success.