HOW TO “REALLY” MAKE MONEY ON THE INTERNET (Part 2)
Here are more answers to your frequently asked questions. Lets continue…
Will it Cost me a lot of money to start making money online?”
It doesn’t have to cost you a lot of money to start an online business. There are of course the basic things needed such as, a computer, an Internet connection and a website or blog. Your expense would actually be based on what form of business you want to start online.
You don’t even have to own the computer. You could use the computers at a Cyber Café, business or computer center. You would also have access to the Internet while using the Cyber Café.
You will need to consider the cost of for inventory (storage of products) if you intend to sell physical products you have created. But, note that you don’t have to create your own product to sell products online. I will explain more about this later.
You should also take into consideration the cost of acquiring special software (computer program). If you want to for example start an online web-design or company logo design business. Have no fear about having to take out a huge loan to start your online business. Most computers at business centers have the basic software you need.
“Is it really possible for me to start my own business online, even if I’ve never owned or operated my own business offline before?”
Yes, you can run an online business even if you have never been involved in an offline one before. There are many examples of successful online marketers and business owners who have never owned brick and mortar (offline) businesses before.
They made a success of their online businesses through perseverance, hard work and staying focused. These people carried out the necessary research needed, before embarking on their chosen online ventures. You can get all the required information you need online. Just be careful to get correct information. I will show you were to get the information you need later on.
You can find tips, resources, tricks and all sorts of information from people who’ve been there and done it. All you need to do is exploit these resources to gain the power that knowledge brings.
How much money can I really make from an online business?
This depends on several factors. Some of these factors include:
- What business you embark on
- How much time and effort you dedicate to it
- The return of investment on the product you are offering
- E.t.c
All the factors listed above and more will determine how much you make from an online business. There isn’t any fixed amount. Several Internet marketers and online business owners make thousands of dollars online on a daily basis while others make very little or nothing.
The great thing about an online business is that, compared to others who have to commute to their work places everyday, you can work from home or from one single location. You get to avoid having to pay for fuel for your car or bus fares like others do. You can’t really predict how much you will make until you start the business and devote some time to it.
“Would I need a website to start making money online?”
You will need a website or some form of web presence if you want to for example sell or promote your product(s) or service(s) to an online audience. Such a website would serve as your ‘office’ or ‘store’ on the Internet. This is usually a less expensive alternative than the traditional offline store or office.
In addition, websites have become easier to create. There are so many wonderful and “Free” web design softwares you can use online. You don’t have to spend money buying web design programs. One very good and free, web design software I highly recommend is called “NVU”. You can download a free copy at: www.nvu.com
You could also hire someone to build your website for you. The price for such a service depends on how many pages or how many features it would contain. It could also cost more if you want your website optimized for the search engines such as google.com, yahoo.com and msn.com.
Please note that designing a website isn’t the same thing as optimizing it for the Internet(search engines). It takes extra skills and a well experienced web designer to get your website optimized for these search engines. Why is Search Engine Optimization (SEO) so important for any website you want to create?
When you own a website, you want people to find it online… right? What is the essence of creating a website no one visits? Simply creating a website won’t bring visitors to it. My advice is that you get a web designer who can optimize your website for the major search engines.
It has to be someone who really understands what advanced SEO means. This would benefit your business in the long run, because it will bring thousands of free visitors to your website through these powerful search engines.
Do you know that it could take the biggest search engine in the world, www.google.com between two months to six months or more to list your website in their system? But a good SEO expert can get your website noticed and indexed by Google.com, Yahoo.com or MSN.com in a week or less!
That’s just the beginning. Such a person would also carry out all the other advanced stuff required to get the search engines to love your website and continuously send targeted traffic to it. I personally optimize all my websites for the search engines due to my years of knowledge, in advanced SEO. This brings me truckloads of website visitors on a daily basis.
More visitors = more money and more profit, so please never forget this. It’s worth paying that extra amount of naira to get your website search engine optimized. Don’t let your lack of web designing skills hold you back from starting an online business.
“Do I need any special business licenses to operate an online business?”
For this, you will have to check with the local, state or federal government, to determine what you will need.
A website selling medical products for example would need to have the products registered with NAFDAC before they can advertise it. If you are promoting an international product as an affiliate for a foreign company, then you don’t need to get any local permit.
“I’m not so good with accepting payments online. How do I go about accepting payments from customers?
When selling things online like for example digital products (e-books), you could use third party payment systems. These online third party payment companies would accept payment on your behalf in a totally secure manner.
Examples of such online companies are Paypal, Clickbank, Commission Junction, Click2sell, Google checkout, Plimus e.t.c. I will write more about them later.
Legitimate Online Businesses You Can Start:
You can easily select from several types of online businesses. Carefully consider each of the options I’m going to explain briefly here. Think about the one you feel comfortable with and which suits you best. I’m going to list some of the most popular ones here.
Service Based Businesses:
This is a type of business where you offer some form of service to your prospective clients. These types of businesses include:
· Web design business
· Writing business
· Virtual assistant business
· Bookkeeping and accounting business
The fact is that many business owners have a hard time getting certain chores done on their own. What they do is, outsource their projects to other people. These business owners are looking for people with the skills to carry out their projects.
They don’t want to have to permanently employ people to carry out these tasks, so they get temporary help. This is where you come in. You can get these jobs if you have the experience needed by the business owner. You could offer your writing services to website owners who need people to write articles for their sites on different subjects. To read past editions, visit: www.ways2make.blogspot.com