Starting a Online Business - Without a Web Site
by: CecilHeim | Total views: 6 | Word Count: 744 | View PDF | Print View
Starting a online business is not as difficult as you my think. With some basic computers skills. Most people can start a business on the web. Contained in this document is a closer look at one of the available options and the steps to take when starting a online business.
There are many ways to earn money on the internet. The most popular is by selling some product or other. The product can be your own or someone else' which you sell for a commission.
If you are thinking of starting a online business. Chances are you do not have a product of your own. So let's get you started by selling other people's products.
For starters you are going to need a product to sell. ClickBank has 1000's of products in a wide range of categories to choose from. And you can open an account at no cost. Once your account has been confirmed. Have a look at the "getting Started" section to understand how the service works.
Next step is to open an Google Adwords account. This account will be used to advertise the products you choose. As well do necessary Keyword research. But more on that later. There is a nominal setup fee. You really cannot do anything further without the account. So the cost involved is well worth it.
Once again, when your account is confirmed, do some reading to get to know the service. In brief this is how it works. You place an ad for the product you are selling and select the keywords that would attract customers to your ad. You would bid on the keywords your have chosen and it stands to reason that the more popular the keyword, the higher the bid.
Now to find a product. Go to the market place in ClickBank. You will see that there are lots of categories to choose from. In the beginning, it may be advisable to choose a category that you do have some knowledge in. Then select 5 to 10 products that pay commissions in the region of $20 or more.
Now you need to find out if the products have a chance of being viable. To do this we will be using Google Adwords Keyword tool. First thing, go to the keyword tool and enter the exact title of the product you want to sell and ask Google to suggest keywords.
Now have a look at how many searches there are for that product. Remember that the results given by Google are monthly. You want a minimum of 3000 searches per month. Then you look at the competition. The higher the competition the higher the minimum bid amount is to get on page one. Also, have a look at the estimated required bid.
But keep in mind that someone entering the search phrase "how to knit gloves" wants to know how to knit gloves. It is then reasonable to assume that out of every 100 clicks on your ad at least one sale should be made. And working on a 100% profit. It means that if the minimum bit is suggested at .10c you will break even on that one sale. Any additional sales are all clear profit.
This may not sound like you will not be making a lot of money. But, repeat the same procedure with 20 to 30 products giving a profit of $300.00 each per month. See how it ads up.?
Now to the next step. On the same basis as above. Select a few keywords that closely match your product and add them to your list. A point to remember. You do not have to have 1000's of keywords to make the system to work. 5 or 6 well chosen keywords with low bids, is all you need.
Now for the ad. If "How to knit Gloves" for example is the product, then that would be the title. Simple. For the body of the ad, have a look at the competition ads for your keyword. Use the top ones and change them slightly so that your ad is the same but slightly different.
That is all there is to it. Run your ad. Let me warn you though. You need to continually monitor your sales expenses against income made. If you do not do this. The Adwords game can become a very expensive exercise. But if you continually check which keywords and ads are making money and which are not. You should not have any problems when starting a internet business.
About the Author
The Significance of monitoring your ads, keywords, visitors etc is vital to your success. To find out how this can be done, go to the authors' website Covert Conversion Pro for full details. Cecil Heim, the Author also has a excellent Complementary Internet Marketers Survival Guide which is available at Google Snatch.
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