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 in the beginning stages of starting a online business. You most likely do not have a product of your own. So I am going to get you started by selling other peoples products.
You need a product to sell. As ClickBank has the widest selection of products. This would be a good place to start, by opening a free account. When the account is set up you will receive a few directional emails. Read them, as well as the “getting started” section on the ClickBank Site. This will give you an idea of how the system 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.
The next step is to find a product. This you will do in the market place in your ClickBank account. For starters, stay in an area in which you have some knowledge and do a search for a product on that subject. Make a list of 5 to 10 products that pay a commission of $20.00 or more.
At this point, we need to know if the chosen products can make some money. To do this, you enter the exact product name in the keyword tool in Google Adwords. And let the program suggest keywords.
Have a look at how many searches there are for your keyword or product. If there are less than 3000 searches per month, you may want to try another product. Now have a look at the competition and minimum estimated bid. The more the competition the higher the bid.
If your product is for example, “How to loose Weight”. Anyone using this search term would most likely want to loose weight. Then the visitor to your ad would be more inclined to buy. On this basis, for every 100 clicks on your ad, one sale should be made. Therefore, if your bid is .10c you need only one sale to break even. Additional sales will be pure profit. Get the picture.?
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.?
Let’s continue. Now look at the other suggested keywords to find, on the same basis as above, keywords that closely describe the product. Include these keywords in your keyword list. You do not need 100’s of keywords. 5 or 6 that are closely related to the product that have a low minimum bid are ideal.
Once this is all done. You can now write the ad. If your product is “How to cook Beef”. That would be the title of the ad. For the body of the ad. You could have a look at some of the ads that come up with your search term. Select the best one, but change it a bit to make it yours.
A word of warning. Playing the Adwords game can be a very expensive exercise if you do not monitor your monthly spending against sales made. You also need to be able to monitor your ads and keywords, to find out which are working and which are wasting you money. If you do this. You could have a very pleasant experience when starting a internet business.
Author: Cecil HeimThis author has published 1 articles so far.