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Here’s What It Really Takes to Create a Successful Online Business In the Inexhaustible Internet Marketing Niche

Last updated on September 16th, 2020 at 03:42 am

Haven’t Made Your First $1 Online? Using These Simple 9 DIY Steps to Sell Anything, Create a Successful Online Business

The outbreak of the coronavirus has most people working from home to help save lives in this times of uncertainty. It is not a secret that the need to create a successful online business will now become a necessity, just like remote working.

The ongoing pandemic of the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) has altered business operations, organizational culture, working practices, and lifestyles on a global scale. The world is witnessing the fastest and deepest financial crisis, faster than the economic meltdown of 2008.

Has an economic turmoil unfolded right before our eyes?

Look at what I had to say about it in this article: Earn Money Monthly Online By Investing In Simple Internet Tools Today – Consistent, Future Proof, Legitimate and Proven and on this Quora question here: When will the next financial crisis appear and how bad will it be? How can a person prepare for it?

The woefully unprepared businesses and industries have already scaled down, or shut down. Those who have shifted to working from home now fully rely on creative and evolved digital communication channels for the organization to give and receive feedback using video calls, social media posts and chat platforms.

The trail of a significant number of people are now unemployed. Yes, some people are able to work from home during the coronavirus pandemic, but  other do not have jobs that allow for that. The virus has wrecked havoc in people’s lives.

Dan Lok’s post on LinkedIn summarizes the actual global scenario.

“Some people have lost their jobs. Others are stuck at home with children out of school … Others are watching their retirement dreams disappear as the stock market drops.”

But at the end of it all,

“In the midst of chaos, there is also opportunity” -Sun Tzu, shares Dan Lok.

Right?

Everything feels fragile. Thus, how do you start to create a successful online business in the internet marketing niche?

thextraordinarionly quote by Gordon Ramsey on how to create a successful online business blog, work hard and make things happen
#thextraordinarionly quote by Gordon Ramsey

Globalization trends are jeopardized by lockdowns, immigration restrictions, domestic travel bans, international travel restrictions and increased border enforcements.

Since social distancing and increased isolation is seen as the most effective way of slowing the spread of the virus, what do you do with this precious time that has ‘suddenly’ fallen into your laps?

One of the best ways to fight the economic impact of the corona virus is to get going and create a successful online business with your professional expertise and essential competencies, skills, abilities, traits and attitudes.

Instead of lulling yourself to numbness with anxiety, fear and panic, while trying to keep away from other people and crowds, I challenge you to take a 21 -day drive with me?

But first …

5 Things You Should Know Before Creating A Successful Online Business

  1. Your business should solve a problem. Be clear of the problem you are solving. Do your homework. This is because the bigger the  problem, the more urgent it needs solving. The better your offer addresses the problem, the more likely and faster you create a customer. Start from building a business model to help validate your idea.
  2. You will not get it right the first time. Test each stage of your business model. Concentrate with maximum focus, energy and effort on all that you do and shorten the failure rate cycle.
  3. Get buyers first. This is how you confirm that there is a demand for your products and services. The purchasing power of your consumers fluctuates year in year out. It is also affected by the strength of an economy, apart from the type of product or service, its price and availability. For example, in a recession,  people tend to save their money rather than splurge on luxury items such as flat-screen televisions or expensive watches. Factor in timing.
  4. Entrepreneurship is a marathon, and not a sprint. Remember that you are creating a successful online business from scratch and putting in long hours. It is for the long haul. It is a process.
  5. Understand your target audience. Who are the most likely buyers of your product and/or users of your service? What words do they use? What benefits do they enjoy? Why do they want your product or service?

Now,

Dive into smart business creation strategies using clever ideas to work from home and boost your income earning extra money online.

Start selling online.

thextraordinarionly have NOT made your first $1 online quote

What You Need to Sell Anything Online Within 21-Days or Less

1. Perfect Product/Market Mix

Who are your target customers? Where is the market?

When starting out, there is a lot of information on the internet to narrow down to a niche.

The best place to start is to identify buyers first then line up the sale. If you lockdown on your buyers, then your market is guaranteed.

Marc Andreessen, states that,

“I’ll assert that market is the most important factor in a startup’s success or failure.”

It is wise to factor in the timing of your business product, goods and services using trends, hashtag calendars, special occasions, special days, etc.

thextraordinrionly 7Ps of the marketing mix illustrated by Larry Kim of Mobile Monkey
Illustrated by Larry Kim of MobileMonkey.com

This 7Ps marketing mix incorporates selling of both products and services. Use it to conduct a SWOT analysis and undertake a complete analysis of your competitive edge and advantage.

2. Brand Your Business on the Internet

You may or may not have a website to start selling your services or creative products on the internet.

If you do not have a website, set up business profiles on favorite social media platforms you like and leverage on those liked by your market.

To maximize your brand reach, engage with the right people.

If you have a website, choose a theme that supports your work. Before using any theme, ask yourself:

  • How is the customer support of the theme for you as it’s user?
  • Compatibility with word press
  • Is it a responsive theme?
  • Easily import and export
  • Latest HTML
  • Does it have an inbuilt setting option?
  • Does it have an inbuilt design option?
  • Ad management
  • Is it SEO optimized?

You could use squeeze pages with attractive landing pages.

For a general overview on how to sell anything online, see this post: Ebook on Successful Strategies of Wealth Creation, Victory Over Debt, and Money Matters – Spring Up from the Hole of Bad Debt

Recommended reading: 10 Best Drop Shipping Products to Sell in 2020 by Jessica Bruce

3. Provide value first

Provide valuable content.

Give value based on what your buyers want and not what you want to give.

thextraodinarionly be what your buyers want to consume, how to start a successful online business, work from home to create a successful online hustle

Explore what tools and resources you can use to get the best insight of your customers.

If you need more specific examples and tips, start here: 101 Time-Saving Resources and Tools We Trust at Your Fingertips – Instantly Try Today, There Tons of FREE Must-Haves

4. Provide details of your product/service

Is what you’re offering your customer a good deal?

The product/service should fit the task consumers want it for, it should work and it should be what the consumers are expecting to get.

5. Be smart on how you build on the emotions of your customers

  • Make it all about the customer.
  • Make it simple or easy since no one want to deal with a hassle.
  • Everyone want a special tip, and free offers are irresistible, especially if risk-free.
  • Customers are usually happy to pay a little more for something that works really well for them.

6. Create a sense of urgency

Be creative and use of time-bound power words.

Your message to the correct audience should be in a manner they would most like to hear, whether it be informative or appealing to their emotions.

I highly recommend you have a look at this post on 53 Attention-Grabbing Blog Post Titles That Get Clicked to better understand how to use power words

7. Utilize the power of social media

  • The product/service should be available from where your target consumer finds it easiest to shop.
  • Social media branding should all be consistent with any other communication channels that you use

thextraordinarionly market is most important in small businesses or startups failure

8. Give clear and precise instructions

Do not assume that your customers will know how to take action.

Give clear call to action (CTAs) in closing:

  • Without distractions, and
  • Without beating around the bush.

A customer is more likely to take action when given specific instructions on what to do so at to get their product or service. Do not draw your audience in and leave them hanging.

You can use screen shots too.

9. Partners

Having the right people is essential because they are as much a part of your business offering as the products/services you are offering. Each business relies on people who run it from sales staff, to the Chief Executive Officer (CEO).

At the start, you will be everything. If there is a skill you lack, that is how you commence adding people to your thextraordinarionly practice to transfer your knowledge to skill and it takes time for a skill be mastered one-man team. Invest in yourself, in your team, and in those you believe in and who believe in you.

What Do You Think?

In closing, do not ignore any area unless it is completely outside your control as you create your successful business online.

This blog post has been written with sources of articles in different places of this website and recommended reading from other bloggers I follow so as to help the reader in a desperate attempt to start an online business working from home.

Sources

You may have been scrolling through the internet on a quest to start your own hustle and create a successful online business!😎

I would like to thank you for reading and making it to the end of this blog post!

Do you feel that you are now more confident to take that 21-day plunge to successfully sell anything online? 

What other information would you like covered?

Have these simple 9 DIY steps been valuable?

Share with us about your experience in the comments section at the end of this post.

If you enjoyed the blog, put a smile on someone’s face 🙂by sharing with your circle of influence using the social sharing buttons at the bottom of this post. 👇

If you need more help, business coaching or consultancy services, reach out to us. We’d be happy to help your online business thrive, scale, and succeed

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I'll assert that market is the most important factor in a startup's success or failure. Marc Andreessen https://bit.ly/2yfIHWB #createabusiness #successfulonlinebusiness #onlinebusiness #thextraordinarionly Click To Tweet Some people have lost their jobs. Others are stuck at home with children out of school ... Others are watching their retirement dreams disappear as the stock market drops. Dan Lock https://bit.ly/2yfIHWB #startabusiness… Click To Tweet
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24 thoughts on “Here’s What It Really Takes to Create a Successful Online Business In the Inexhaustible Internet Marketing Niche”

    1. Yay Brooke,🎇
      Please note that we have seen two schools of thought in action from our clients.
      Those who insist to first give value then ask for business; and there are those who insist to do both simultaneously. In our case, we have seen both work with success for our clients with a few tweaks that lay in bare sight in the internet.
      Feel free to reach out if you have any further questions.

    1. Natalie🙂
      Its is such a delight to us that you find this blog post inspiring.
      Please share with your network of influence and change someone’s life.
      Its great to see your here.
      H E

    1. Fransic,
      To forgo the corporate, routine 9-to-5 gig in favor of your own business so as to adapt to the current work from home life requires preparation – but this is not the case for most people. 😊
      Thus, people matter, especially when they catch your business vision.
      When you create a business, you are setting yourself up as a leader of the team of people that work with you, plus those who support and cheer you, including customers, employees and business partners. Productive and engaged employees and/or team members who are excited about your vision confirm that people are so much stronger than they think and possess more power than they assume.
      Great to have you hear – always
      H E

  1. This is a very detailed and useful post, if you want to launch a small online business of some description. How all this would apply to your business idea would probably depend on what kind and scale you intend to follow.

    If you’re just wanting to sell a few things on Etsy, then you might be able to skip some of the advice. But if you’re wanting to setup your own business with it’s own website, then this posts advice would be really useful

    1. ✨We learn to do it right by doing it wrong – but this blog post helps a newbie in the online business world not to it wrong for too long.
      Np one should miss the opportunity to learn to change a life.
      When you share the post, you will help us to change the lives of many more people.
      Love your continued support and finding the time to leave such a precious comment!

  2. This is exactly the advice I needed right now! Love that graphic from Larry Kim, too – there’s a lot to think about, but we have the resources we need already to start making a profit online. Just need to work hard!

    1. Absolutely Hannah.
      I can see that you have committed yourself to learning.
      Do not forget to share your success journey with us.
      Keep going.
      We are cheering you. 💫
      H E

  3. This is such a value-packed post. I agree (and experienced) so much of what you wrote here. I think these are points all of us who are living the entrepreneur life should keep those in mind _ I loved what you said about providing value first, and about not getting it right the first time – I think an important skill to have is to be able to pivot and readjust according to the results and we are getting or what the lack of results is telling us. Thank you for sharing this fantastic post.

    1. Madi,
      Pivot and re-adjust, yes, but also keep sharpening those skills.⚖
      The other alternative would be:
      1. To learn new skills that adds more value all together.
      2. Stepping up your activity level.
      3. Stepping up on your ladder of the labor level without discarding the smallest of disciplines that form part of the entrepreneur journey.
      We appreciate your captivating inspiration with each subsequent comment.💥⚡
      H E

    1. We are inspired by your feedback with your comment.
      Have you shared the post with other intelligent people like yourself?
      We would love to do better next time.🔥
      H E

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