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How to start a Business and make money online in India

How to start a Business and make money online in India
Business2 min read
Whatever be the domain in which you are interested, there are some common steps to start and run your business online successfully. Here is a set of seven sequential steps to starting your own online business.

Watch Prajakta Koli and Armaan Malik share their experiences with YouTube program and you can also make money online on YouTube.

Identify a need and check how you will fulfill it

The right approach to starting a business is to find the market and then look for a product. Most people do the common mistake of first making a product and then searching for the market. When you first start with the market, you get to maximize the chances to make your business succeed. Identify a group of people who are looking for a solution to a problem but do not find any results. The internet makes conducting such surveys easy.

Online forums are potential avenues to check what questions people ask and what problems they look forward to solving. Do keyword research and discover the keywords that many people are searching. It is highly useful to find those keywords for which many sites are not competing. Also, check out who are your potential competitors. Visit their sites and try to find out what they are doing to solve the problems they have identified in the market. You can then use the knowledge you have gathered to create a product for the market that exists. Spare efforts to do better than the existing competition.

Write about your product and make your website

Make a headline that will arouse the interest of your visitors online. Describe how your product will solve their needs or problem. Give testimonials from people who have already used your product. Talk about your product, make an offer and describe how your product will benefit the user. Make offers, guarantee the results and create urgency. This will make the ground for a potential sale of your product. State the unique points about your product and then create a website to publicize your product. Keep the website simple and ensure that it is customer friendly.

Make use of the search engines to drive traffic to your website

PPC advertisements show up on the search pages at once when the users are searching for something. PPC lets you test different headlines, keywords, selling strategies and prices. You get immediate traffic and you can also use your PPC advertisements to find out the keywords that ensure the best conversion rates. Make the best use of these keywords in your code and copy and work for getting better ranking for your site on the search engines.

Adopt strategies like email marketing, back-end sales and upselling

Opt-in lists help you create the most valuable assets to your online business. You have obtained the permission of your visitors to send emails. You have developed lifetime relationships with them and you can measure the responses 100 percent. Since email marketing is highly targeted, it is simple and cheaper too than other kinds of marketing strategies. Following up with your customers will maximize your chances to sell repeatedly. Backend selling and upselling are some useful strategies that will let them buy from you once again.