So you want to start an online business, make money and live your best life from wherever you please.
Your dream of working from home and making money online has become more than an idea you give a few minutes of your attention to because it now consumes most of your thoughts.
You’ve decided that you’re ready to commit to starting an online-business and make money but you don’t quite know where to start.
You came to the right place looking for information but here’s the deal you will have to be realistic about what it actually takes to run an online business plus commit yourself to putting in the time and extra work it will require to operate a successful business online.
You also need to understand the importance of creating awareness about your brand or product to attract customers who want what you’re selling whether they recognize that as a fact or not.
Although the title of this article is 5 quick steps to start an online-business and make-money it’s not going to be as easy as implied.
The truth is you will have to follow the first four steps over a period of time to get to step #5 and see remarkable results.
However, the benefit of each of the following steps is it will quickly allow you start a business online without having to do a ton of research.
- Step #1: Decide on a product. What are you going to sell to online to make-money?
Pick a specific product and narrow it down to one item if it falls into a broad category like heath and beauty for example.
There are tons of products to choose from when it comes to beauty but you can choose to specialize in one specific area like virgin hair extensions, mink lashes or make-up pallets to start an online business.
Of course you can add more than one product but it’s best to start with one.
Although the example is geared towards beauty products you can target any other niche that you’re interested in or have lots of knowledge about to start your business.
Whether you’re into beauty and personal care, consumer electronics, fashion apparel, home appliances, technology or anything else you can pick a specific product to start your own business.
The best part is you don’t need to stock a lot or any of your products to make-money-online.
- Step #2 Find A Wholesaler. Finding a reliable wholesaler is the key to running a successful business online. It can take a bit of research and an investment of some money to find the best supplier for your online-business.
The amount of your financial investment depends of course on the cost of your product and the amount you will need to get your business started.
Contacting a wholesaler may seem intimidating but it’s a lot easier than you imagine and you can email them directly to ask any questions you have before making a purchase.
Start by doing a search on Google to find “wholesale (add product) vendors” you’re interested in doing business with.
Look closely at the photos of the products on their websites to determine the quality and read customer reviews whenever possible.
On websites like Alibaba.com you can filter your search to find suppliers by country or who will brand your product with your business name, package and, ship it directly to your customers at little or no additional cost to you when you place your orders.
Create a list of prices and any questions you need answered such as whether or not you can purchase or get a free sample before placing your full order which usually has a minimum number you have to buy to get wholesale prices.
TIP: Be strategic. Place a sample order through a few suppliers and compare the difference in quality, shipping and customer service so you can decide which one is the best fit for your business.
Use your product samples to take lots of photos, post on your blog, create video content and plan your social media campaigns.
Enlist your family or friends if you need models and you’re on a tight budget. This will give you pictures or videos of different people interacting with and using your product.
Even if you only have one sample it will look like you have a full stock when you use different models or settings.
You can also step outside of your comfort zone and make videos yourself to promote your product. Do a review or make demonstration videos for YouTube. Take selfies using your product as a prop whenever possible, plan your social media stories, schedule specific times to go Live and, pin to Pinterest.
Create a tailwind.com and buffer.com account to schedule your pins or tweets, gather relevant marketing material to create engaging content, advertise your online business and make-money.
- Step #3 Create your business social media profiles. Once you’ve decided what you’re going to sell and on a name for your online business create a business page on Facebook, Instagram, Twitter and every social media platform you can using your business name.
Follow the business pages of as many brands in your niche as possible and interact with them frequently on social media using your business page.
Comment on their posts, ask open ended questions or provide answers in the comment section. Give constructive feedback and like or share their content.
TIP: Follow the people who follow and interact with these brand pages as they are your potential customers.
The truth is most people will not follow a stranger or unknown brand but some will check out your page and follow you back if your content is engaging or they’re passionate about your niche.
You will have to follow lots of people every day at first but keep posting engaging content to your social media networks, strategically follow people to create brand awareness and your targeted niche audience will grow into a solid customer base.
Remember to also use relevant hashtags in your posts so that they show up in search results.
- Step #4 Buy a domain name. Buying a domain name and building a website is the next thing you want to do. Of course you want to buy a domain name that is the same as your business name as well as your business social media profiles.
You can use Big Cartel, Squarespace, Wix, WordPress, or any other website builder even if you have very limited technical skills to easily build your website and add your payment processing methods.
Having a domain name gives your online business credibility and a professional image. People will be more likely to trust you as an online-business owner when they can place an order on your business website.
If you’re uncomfortable with the idea of building a website you can hire a website designer to get your website up and running for a reasonable price because to be taken seriously online you need a business website with a domain name.
Investing in buying a domain name and building a website is very cheap. This particular step is all for your benefit because people will buy from you when they believe you’re a professional.
Your potential customers will trust you and, feel comfortable doing business with you when they can browse and make a purchase online through your professional website.
- Step #5 Make Money Online. Follow steps 1 through 4 and you will make-money-online.
Depending on the amount of time and effort you’re willing to put into these five quick steps to start your online business you can easily work-at-home or from anywhere you choose and make money online in a short space of time.
Here are the top 5 quick steps to start an online-business and make money online in 2020 again:
- Decide on the product you’re going to sell and do some research to find reliable wholesale vendors who will brand, package and, ship products directly to your customers for you.
- Pick a business name. Create business pages on all social media platforms. Use the exact business name on each platform and add engaging content frequently. Give yourself time to create brand awareness.
- Follow and engage with brands in your niche and also follow their followers.
- Buy a domain name, build your blog or website, add your product and payment processes.
- Make-Money. Make as much or as little as you want to and do it on your own time.
Follow these top five quick steps to start an online business and you will make-money in 2020 and beyond without having to invest too much cash upfront to get the ball rolling.