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BUSINESS IN THE 21ST CENTURY?
THE WEB IS WHERE YOU WANT TO BE.
Teena
Rose is a personal branding, marketing, and
website optimization
professional who helps career
professionals optimize, promote, and expose their services
locally, nationally, and internationally. She has an extensive
record of generating organic results. Part of her success
comes from using key marketing tools, such as SEO Elite. Click
now for a
free trial and download of SEO Elite.
By
business standards, the virtual world is in its infancy, still
learning to crawl and find its way among common standards
practiced for centuries. Like the light bulb and assembly
line, the Internet’s impact is immeasurable, changing the way
business is done around the globe. |
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In the mid-90s when the Internet movement began to catch fire, a
company website was still more of an option than a priority. Today,
whether a company sells widgets or whine, a website is mandatory.
Even back in the beginning, some business leaders had the foresight
to understand the importance of having online options.
“Almost overnight, the Internet's gone from a technical wonder to a
business must,” said Bill Schrader, CEO of PSINet. And Schrader said
that in 1996. Ten years later, online businesses have become
faster, smarter and expected by the consumer.
The numbers tell the story. Online retail spending totaled $81.6
billion in 2005, up 24 percent from $65.8 billion in 2004, according
to comScore figures. Sales in the last week of the year reached
$1.54 billion, 21 percent more than the $1.28 billion in the
corresponding week a year earlier. Online travel sales for the week
ended Jan. 1 reached $820 million, up 22 percent from $672 million a
year earlier. In 2005, for the first time, there were no weeks in
which online sales fell below $1 billion. Still wondering if you
need an online business?
Starting an online business may seem daunting, but it’s really not
much different than starting a brick-and-mortar company. The first
thing you’ll need is a good idea, along with a business model,
start-up money and possibly some professional help. Technology isn’t
everyone’s racket, so if the phrases like “writing in html” and
“search engine optimization” make you scratch your head, leave
building a website to the professionals. There are plenty of
companies and freelancers providing Web design services and just
like any other purchase, do the homework by getting references,
reviewing a Web designers’ work and getting a contract in writing.
If you’re going to start an online business, make certain you have
at least a cursory knowledge about the Internet. It seems that
everyone has mastered email, but if you’re going to have a
commercial endeavor online, become more familiar with how other
online businesses work; the type of consumers that shop online; and
the culture and language of the Internet.
The crux of any business is to make money and there are several ways
to turn a profit online. Selling products and services are the
obvious. But you can also sell advertising space and hook up with
the affiliate programs, which are very common in the online
environment. With an affiliate program you can recommend other
products on your site and reap a certain percentage of sales.
What’s in a name? Everything, especially on the Web. You want to
create a name that sums up your business in a quick and clever way.
Millions of domain names have already been snapped up by now, but
give it some thought and make sure your name is short and easy to
remember. You don’t want potential consumers to spend more than a
few seconds typing in your Web name.
Finally, think of your virtual business in a reality format. When
you walk into a store, you’re impressed by a clean, pleasant
environment that sends the right image. A dirty and cluttered store
often turns off the consumer. Think of your e-business the same way
by having a website that’s user-friendly, upscale and easy to
navigate. |
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In the Spotlight
"My book has been featured and listed in several home
business books written by top authors." Teena Rose
Best Home
Businesses for People 50+
written by Paul and Sarah Edwards.
101 Best Home-based Businesses for
Women,
3rd edition, written by
Priscilla Y. Huff (Prima Publishing).
From
The Home-Front, The Simple
Guide to Starting and Running A
Home-
Based Business, written by Audrey Bell
(Milestone Publishing).
... purchase a book that comes highly recommended by
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