Sunday, August 1, 2010

Getting Started With Google Adsense

Getting Started With
Google Adsense
For The Ultimate Easy Way To Start Your Adsense Empire…
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You are granted full Master Distribution Rights to this ebook. You may give it away,
sell it, use it as a bonus or add it to packages or membership sites.
To download the graphics for this ebook, click here (please ensure you are connected
to the Internet first)."Get ALL The Private Label Content,
Tools, Training And Help You'll Ever
Need To Leapfrog Over Your
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Overview Of This Report
This report is split into an introduction and 7 lessons, to make it easier to digest the
information. You can read it all at once or split over a few days.Introduction To Adsense
Just incase you are new to Adsense we will briefly go over some of it's finer points.
Adsense delivers relevant text and image ads that are precisely targeted to your site
content. Every time someone sees an ad on your site and clicks on it you will make
money. Sometimes it's only a few cents. Sometimes it's a few dollars. It all depends
on the individual ad.
Adsense is considered a very powerful tool to many website owners. If you go to
most any website these days you will see Adsense ad blocks incorporated
somewhere on the page. Did you know that there are many people that make a full
time living from Adsense alone?
Adsense makes it pretty easy for you to start earning revenue from every page on
your website almost instantly. "If you can copy and paste you can put Adsense on
your website". As with any good tool Adsense has the power to help you generate a
very nice income when it's used properly.
Let's start off by taking the time to get to know Google Adsense and learn how to
use it properly. You would be surprised how many people skip this part and then
they are literally shocked when they don't make any money!
If you take a little time to become familiar with the program it will greatly benefit
you in the long run, by helping you maximize your earnings. In this course we are
going to cover the basic points that you need to start using Adsense and making
money with it.
If you haven't already done this, go do it now.
Go apply for your Adsense account. Yes you have to apply and be accepted.
Click here to apply
Then take some time exploring the site. Google wants you to be successful in your
Adsense endeavors, so they have made it as easy as possible for you by putting up
several tutorials to help you get started.
They will teach you all about Adsense for content and search. They have great case
studies, optimization tips a blog and a forum where you can learn what works, what
doesn't and get help if you need it. They provide all of this for free so why not take
advantage of it.Lesson 1
In this lesson we will talk about building web pages with good content and why they
are an important part of making money with Adsense.
This lesson assumes that you already have a website or at least a basic theme in
mind for your Adsense pages. There are two ways that you can get started using
Adsense.
The first and easiest way is to put Adsense ads on existing pages that you already
have in place. You can do this by following the steps inside your account under the
"Adsense Setup" tab.
With this method you can start earning money with Adsense fairly quickly. In fact
you'll be amazed at the results you will be able to achieve in a very short period of
time.
The second method will take a little more time.
You will be building web pages specifically for Adsense ads. These pages will be built
with high paying keywords and high quality content.
Start by doing a keyword search to find some popular subjects, keywords or phrases
related to the theme of your website. Select the ones that have highest number of
searches. This means that more people are typing these terms into the search
engines. The higher the number the better.
There are many tools that you can use to find profitable keywords and phrases. For
quick and easy results I like to use the keyword selector tool at Yahoo Search
Marketing – click here.
It will give you a count of how many times any keyword has been searched for in the
last 30 days. Remember the higher the better!
Now start writing articles with original content based on the keywords from your
search. If you aren't a writer don't worry. There are many ways that you can get
content for your site. You can use private label articles that you purchase, or hire a
ghostwriter from a site like eLance.com.
Once you have the content ready you can start building web pages around the
articles that include your Adsense blocks. Lesson 2
In this lesson we will go over the layout for your pages and why they are a key part
of your Adsense earnings.
With Adsense you can place up to 3 ad blocks on your web page. You will find
different theories on whether or not it is most effective to have your ads blend in
with or stand out from the content on your page. While some would say they have
better results when the ads stand out, in my opinion it is best to try and make them
blend in with the rest of the site as much as possible so that your visitors will see
them as content rather than advertisements.
Try mixing the ad blocks throughout your content to create a natural flow through
the page. The proper positioning of your ads should be done with great care. The
goal is to position your ads where your visitors are most likely to click on them.
According to research the first place most people look when they visit a website is to
the top left of the page.
Although it may seem to be a good idea to add bright borders, colors or links to
make you ads pop out on the page you will want to take in to consideration what
your visitors are looking for when they come to your site. If they are there looking
for information or a solution to a problem they would be more likely to click through
on a link that appears to be content rather than one that looks like an ad. If they are
there shopping for a product you may do better to have your ads stand out. Key
lesson here is....
“Always keep your visitor in mind when you are building your pages”.
Google has run tests that show horizontal ads tend to receive more clicks than
vertical ones. The idea being that a person is more used to reading horizontally. So
they are more likely to be attracted to this layout. The larger rectangular ads that
read horizontally have been proven to get more clicks simply because they are easier
to read and look more like blocks of content rather than advertisements.
Another tip for ad placement: There are certain areas to place ads that are thought
to be more likely to encourage a greater click through than others. For instance:
above the page footer, below the navigation at the top of the page and on the top
left hand side of the page.
Keep in mind that near the middle above the main content is thought by many to be
best place to put your ad blocks.
Let's say that you have 3 ad blocks on your page, but still want more. What can you
do? Here comes Google's link units to the rescue. You are allowed to add these in
addition to standard 3 ad blocks without breaking any of the Adsense rules. These
link units are a great way to incorporate ads that can look like they are a natural part
of your sites navigation menus, but when they are clicked on they take the reader to
a page of targeted ads that are related to the topic of your site.
I know this is a lot to think about, but it is very important to take the time to think
about your page layout. If you get stuck for ideas just start surfing. See what other
sites are doing. Where they are putting their ads. You will get some great ideas!Lesson 3
Let's talk about incorporating Google Search on your pages for extra revenue.
The Adsense for Search program is a great way of increasing your website revenue
while helping your customers search your site at the same time.
Tell me....
Have you ever been to a website and seen a Google search box on it?
Did you know that every time you type in a search from someone else's site and
then click on one of the results that are returned the website owner is getting paid
by Google? Think about that for a minute. By using Adsense for Search you can
actually get paid for giving people exactly what they are looking for!
This makes Adsense for Search a very powerful tool that you can use to increase
your Adsense income. Not only does it add more functionality to your site, it also
ensures you that you are giving visitors to your website precisely what they are
looking for. But it doesn't stop there. You can use it in conjunction with Adsense for
Content, plus you can include ad blocks that will be targeted to your visitors search
term on your search results page. These ads are gold because they will be relevant
to what ever your visitor types in the search box not just to the content of your web
pages.
Are you beginning to see the power of adding a Google search box to your website?
Adding the Google search box to your website is very simple. Google has complete
instructions on their website. All you have to do is copy and paste to code that
Google provides you with into your HTML wherever you want it to show up on your
page. Then you customize the search results page to suit your website’s theme,
include your Adsense ad blocks and you are all done. Lesson 4
Google Adsense has many ways that they filter the ads that are shown on your
website. It is a good idea for you to become familiar with each of them so that you
can have a better understanding of how the ads are displayed on your site.
Why is this so important?
Because, if you know how the filters work you will be better able to edit the content
on your site to get the highest quality of ads on your pages. The higher the quality of
the ad the bigger the payout on your click through's.
Say for instance you discover a high paying keyword like "quick cash" that you want
to target your Google ads to, but Adsense keeps displaying ads that aren't exactly
what you were hoping for.
Then you know it's time to tweak your pages to make sure that the keyword that you
are targeting is repeated enough in the text so Adsense will display the highest
quality ad on your page. It takes some time and experimenting, but once you
understand how the filters work it will make your job easier.
If you need help knowing what your keywords are worth use the "View Bids Tool" –
click here. It will show you exactly how much advertisers are paying per click on any
word you type in. The higher the price, the better.
Google has also provided a handy little filter called the.... "Competitive Ad Filter"
I love this one! You can use it to keep certain ads from showing up on your site.
Adsense will actually allow you to specify competitors or advertisers whose ads
should not be displayed on your page. How great is that? Let's say you are selling a
specific product from the page where your ad blocks are displayed. The last thing
you want is someone selling the same thing to advertise on that page.
Keep in mind:
Although these filters are great tools that you can use to help boost your earnings be
careful not to filter everything or you may end up losing money by missing out on
relevant ads that get filtered out.
If you want to learn even more about filters you can log in to your Adsense account
and click on the help link at the top of the page. Then type in "Filtering Ads". It will
bring up a list of different topics related to filters. It's important to learn how to use
them effectively so that you can achieve maximum results. Lesson 5
Let's talk about getting traffic and tracking it to improve your results.
Now, realistically there is no way I can go into every aspect of getting traffic to your
site and converting it to clicks, but what I can do it go over the basics with you and
hopefully give you some ideas that you can use.
There are many different strategies that you can use to make sure you squeeze the
maximum amount of profits out of the Adsense program.
Most importantly is traffic generation. Since the revenue that you generate from
Adsense is based on the cost per click (CPC) and cost per thousand impressions
(CPM) It stands to reason that the more traffic your have to your website the better
your chances are of achieving higher click through rates and making more money.
Which I assume is your ultimate goal!
Getting traffic can be a challenge to any webmaster. Here is a brief list of some of
the different methods that you can use:
- Search Engine Optimization (SEO) - Traffic exchange programs - Link exchange
programs - Writing and submitting articles to directories - Pay per click programs -
Blogs, weblogs or online forums - Email marketing
Once you start getting traffic you want to do everything you can to convert that
traffic in to clicks on your Adsense ads. Like we discussed in lesson one, a well laid
out web page with good content is the best place to start. It will help keep your
website visitors interested and they will be more apt to stay longer, come back often
and click on your ads more.
There are other tips and tricks that you can use to get people to click on your ads.
Like adding pictures that are related to that type of ads that you are showing to draw
more attention to the ads, but make sure that you adhere to the Adsense terms.
You cannot use pictures of people looking or pointing to the ads or in any way
indicating that people should click on the ads. The best thing you can do is make
sure the graphics incorporate nicely into the site design in a way that will enhance
the ads without shouting out "CLICK ME".
I know all of this may seem complicated and time consuming, but it will all become
clear as you become more familiar with the program.
If you need extra help or you want to know what other publishers are doing why not
join the Adsense forums? You can keep up with what is going on and you can get
some really good tips and information on the best ways to make the most money
from you Adsense ads. For details and to join, click here.Lesson 6
Do you remember in the beginning of this course when I said that Adsense wants
you to be successful with their program?
Well it's true! They have provided you with most of the tools you will need to make
your Adsense business a success.
Tools like reports that you can use to track the performance of your ads. You will find
all of the stats from your campaigns under the reports tab inside your Adsense
account. There you will be able to learn things like the total number of clicks and
impressions for all of your ad units\blocks. You will also be able to view your
effective CPM (cost per thousand impressions).
Let me take a minute to clarify CTR's and CPM's for you.
The CTR (click through rate) for Adsense is the total number of clicks that you
receive for your ad units\blocks. It's broken down by individual ad units. The number
of clicks is then divided by the total number impressions for that unit to return your
CTR. The higher your CTR's the more revenue for you.
The CPM (cost per 1000 impressions) effective CPM is calculated by dividing your
earnings by the total number of page impressions that you receive, and then
multiplying the final figure by 1000. Be careful not to confuse your effective CPM
with your earnings. Effective CPM is generally used for testing various channels to
find out which ones are performing the best. If you need to know more about CTR's
and CPM's login to your account and check out the help files.
The reports can be displayed several different ways. You can view them by the day,
week, month or since your last pay check. You can also search for a specific date
range. You can customize the reports for advanced performance and tracking by
setting up different channels for more in depth results. For instance you can set up
channels to test one page against another, one ad format verses another, keywords,
or even whole websites to see which one performs the best. There are so many
options available with channels that we can't go into them all, but I'm sure you get
the idea!
You can also download your reports in CSV format (comma separated values format)
for better record keeping. Plus get your reports emailed to you automatically so you
don't have to login.
Adsense usually updates the stats every hour, so you can be pretty sure that you are
getting up to date reports. Lesson 7
In this final lesson I want to share with you some extra tips for getting the best
results from your Adsense endeavors.
1) When you are running an Ad Sense campaign, it is important to make sure that
you are testing all of the different possibilities to make sure that you are getting the
highest click through rate. Try to test different layouts on different pages to see what
works the best. To achieve proper result from your test it is important to use pages
that receive similar amounts of traffic.
2) Although testing is necessity, there are certain areas for your ads that are thought
to be more likely to encourage a higher CTR's than others. For instance, above the
page footer, below the header or navigation bar or on the top left hand side of your
page are thought to be very good. Typically the area in the middle above the main
content is thought to be best.
3. Take the time to provide quality content and make regular updates to your site to
help ensure you a steady flow of traffic to your website. This will help you receive
more ad impressions and more clicks.
4. Keep in mind that visitors can enter your website through a number of different
pages. So it is a good idea to incorporate Adsense on as many pages of your website
as possible. This will increase your overall impressions and hopefully your earnings.
5. Be sure to test the shape, size and color of your ad blocks. You can control and
customize every aspect of the ads so that they blend in with or stand out from the
rest of the content on your website.
6. Test the positioning of your ad blocks to help insure maximum click through rates.
Test different positions on different pages to see which layout achieves the highest
CTR. This will help you discover which areas of your pages that your visitors are
attracted to. Finding the proper position for your ad blocks will be a key factor in
your overall earnings.
7. Using different ad formats will provide different results for different websites. For
instance in most cases the wider ad formats like the large rectangles have been
proven to yield a higher CTR and be more effective than the slimmer skyscrapers
and banner formats. However, this may not be the case for your website - that is
why it is so important to test your results.
8. When you are trying to target specific keyword to attract a higher quality Google
ad for your site make sure that the keyword is repeated enough in the page so that
Adsense knows exactly what the page is about. Be careful though. You want to make
sure that the content still makes sense and is useful. Remember Google takes many
different aspects in to consideration while serving ads.
9. When Google has no ads to display on you site they will automatically show PSA's
(public service ads). If you don't want the PSA's to show on your site you can choose
to have the ad block filled in with a solid color, your own graphic or use the
collapsing ad units code instead.10. Don't panic if you don't see any ads displaying on your new pages. It can take a
few hours before Google’s web crawlers find pages that have Adsense code on them.
You might see some PSA's at first but these will soon get replaced with targeted
Adsense ads that will earn revenue for you. If you continue to see PSA's after the
first day or two you may want to make sure you didn't violate any of the Adsense
program’s policies.
I sure hope you have enjoyed and learned a lot from these lessons. There is so much
information available about Google Adsense and although I couldn't cover everything
in this short report, I hope I have given you enough information to get you started in
the right direction.
Don’t forget to check out our special offer below. It can save you tons of time and
effort getting your Adsense business off the ground…
"Get ALL The Private Label Content,
Tools, Training And Help You'll Ever
Need To Leapfrog Over Your
Competition And Start Creating
Lucrative Niche Sites Now!"
Click Here Now For Full Details

Saturday, July 31, 2010

A Guide on How To Set Up Your Own Online Business

A Guide on How To Set Up Your Own Online Business



Page 1 of 25
Creating an Online
Business 101



A Guide on How to Set Up
Your Own Online Business

Brought to you by: Tim Brechbill

Visit: http://PayDotClickbankAlert.com A Guide on How To Set Up Your Own Online Business



Page 2 of 25
A Guide on How to Set Up
Your Own Online Business


By: Tim Brechbill


LEGAL NOTICE


The Publisher has strived to be as accurate and complete as possible in the creation of
this report, notwithstanding the fact that he does not warrant or represent at any time
that the contents within are accurate due to the rapidly changing nature of the Internet.

The Publisher will not be responsible for any losses or damages of any kind incurred by
the reader whether directly or indirectly arising from the use of the information found in
this report.

This report is not intended for use as a source of legal, business, accounting or financial
advice. All readers are advised to seek services of competent professionals in legal,
business, accounting, and finance field.

No guarantees of income are made. Reader assumes responsibility for use of information
contained herein. The author reserves the right to make changes without notice. The
Publisher assumes no responsibility or liability whatsoever on the behalf of the reader of
this report. A Guide on How To Set Up Your Own Online Business



Page 3 of 25
Contents

Introduction

Chapter 1 What Reasons Are There for Starting an Online Business?

Chapter 2 Things That Need to be Considered Prior to Setting Up an Online
Business

Chapter 3 How to Set Up a Business Plan for an Online Business

Chapter 4 What Types of Business Can You Have as an Online Business?

Chapter 5 How to Go About Setting Up an Online Business

Chapter 6 How to Set Up an Online Business on a Budget

Chapter 7 Just What is Affiliate Marketing and Why Become an Affiliate
Marketer?

Chapter 8 Is Using an Online Payment Service a Good Decision for my Online
Business?

Chapter 9 How do You Go About Marketing Your Online Business?

Conclusion

Unpublished Bonus A Guide on How To Set Up Your Own Online Business



Page 4 of 25
Introduction


Hi fellow entrepreneur.

First, let me thank you for purchasing this exciting new guide on how to set up your own
online business. I really appreciate that.

Now as you know, more and more people today have become dissatisfied with their jobs
and their pension provisions. So the interest in starting an online business has begun to
increase. Yet many who look at such a project find it difficult to know where to start
because of the mountain of information available on the subject.

However, during this book we will help you to wade through the mountain of
information available. This will, in turn, help you to decide on what is the right sort of
online business for you.

One of the first things that you should bear in mind when setting up an online business
of any sort, is that you must treat it as just that – a business. This means that you must
be prepared to put in the time and effort in order to reap the rewards, even if you are
only starting it as a part time venture at first.

Next, you must be prepared to invest some money into it. You do not need to put in
large amounts, in fact, if you want, you could actually set it up on a very low budget.
Also, what you should remember where an online business is concerned, the running
costs are very low compared to a more traditional business.

However, the best place to begin is by picking what you like from the existing successful
online business models already out there. So talk to others who have already made
money in the niche that you have chosen, and then study, then implement the steps that
they took to make it the success it is.

So now you need to think about just what sort of business it is you like to run. Some of
the more popular types of online businesses to be found are: selling goods at auction
sites such as Ebay, creating and then selling digital products (e-books are a good
example of this) and setting up a custom storefront for your offline business. Also, you
may want to make downloadable audio and video products for your customers, or you
may just want to get into affiliate marketing instead. We will look at affiliate marketing a
little further on in this book in a little more depth.

However, if you do choose to go with Ebay, one of the main advantages of setting up an
online business based around this is as follows:-

1. You will have immediate access to millions of customers.
A Guide on How To Set Up Your Own Online Business



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2. Plus you will have the opportunity to sell anything from cars to collectibles
(say old sports cards).

3. Also, setting up an account on Ebay is straightforward, and the costs relating
to auctioning items on this site are extremely low.

However, it is important that you familiarize yourself with the site. So take a look at the
different categories and auctions that are already taking place. Also check out their
“How to Sell” section on the site.

For some, the thought of creating their own products seems very daunting, but if you
happen to be an expert in a particular niche, then coming up with ideas should not be
that difficult. It is important that you carry out some market research to make sure that
people would buy related items.

So spend some time writing down or recording any thoughts that you may have with
regard to the subject. Then go back and edit where you need to by putting things into a
logical order. However, if you are someone who doesn’t like writing, then take a look at
some other sites selling those same products or similar ones and get ideas from them.

Make a note, if you can, of what is selling well and formulate some questions that
someone who is interested in this product might ask. If you are able to find a friend who
will do an interview with you, getting them to ask you the questions you have produced.
You can, if you want, record this interview and the make into an audio product which
others can then download.

But if this just all seems too much, then why not get someone else to write some books
for you? Think about hiring a ghostwriter. But this may be something to consider when
you have a bit more money in the business account. So really, the next best way to make
money with an online business is by selling someone else’s products as an affiliate. As
previously mentioned, we will look more closely at affiliate marketing in another chapter
of this book.

The best way of starting an online business is to do it in an area that you are
knowledgeable or passionate about. This will help you to focus your attention, as well as
help to create a small income more quickly. But over a period of time, you will soon
develop new skills, and through persistence and patience, you will soon see some very
good results appear.

Warm regards,
Tim Brechbill



A Guide on How To Set Up Your Own Online Business



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Chapter 1 –

What Reasons Are There for Starting an
Online Business?


There are plenty of reasons as to why many people start an online business, and below
we will provide you with just a few of them.

For many people, the main reason that they decide to start an online business is to earn
an extra income. Usually, this is in addition to the income that they are already earning.
However for others, what starts as a part time venture, soon becomes a full time one.

Another reason that people decide to start up an online business is that they have more
control over their working life.

Also, it provides them with a chance to spend more time with their family and friends.
Today much too much time is spent working, and many people find that they have little
or no time to spend with those that they love.

Furthermore, there are other reasons as to why so many people now choose to set up an
online business.

What rush hour?

No longer do they need to get up in the morning to rush off to work and get caught up in
all that traffic. Now that time which would normally be wasted sitting in traffic can be
used to their advantage. Plus, it is up to you when you work, so if you don’t want to start
until late in the morning, you do not need to.

Prosperity

Because of the rapid advance in technology, many online businesses today tend be
prosperous, and so getting involved in this type of business is a good way to make some
money.

Costs of Starting Up

This is probably one of the biggest reasons as to why many people choose to start an
online business. As many of the transactions are completed online, there is little or no
need for lots of paper and documents. What one really needs in order to get an online
business going is a computer, a high speed internet connection (ADSL), printer, fax
machine and few other essentials that an office may need. A Guide on How To Set Up Your Own Online Business



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As you can see, these are just a few good reasons for why setting up an online business
might be the ideal choice for you.
A Guide on How To Set Up Your Own Online Business



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Chapter 2 –

Things That Need to be Considered Prior to
Setting Up an Online Business


During this chapter, we will look at things that you need to consider before you actually
set up your online business.

What product or service will you want to provide?

For many people, they will start an online business based on knowledge and experience
that they have already, while others may spot a gap in the market. But the most
important thing that you can do is carry out research with companies and individuals
that you do not know in order to get a more unbiased view.

Also, do as much reading and research on everything you can about particular areas of
interest, as well as studying the pros and cons that this will have in relation to your
overall goals. Plus, make yourself familiar with your competitors, as this will boost your
confidence and enthusiasm for setting up an online business.

Where to work from?

You do not need to work from home, but this is an option that many online business
people prefer. But others prefer to have an office away from the home, as they find it
difficult to focus, as well as feeling isolated.




How to market the business?

It is important, if you want your online business to thrive, to ensure that you establish a
web presence. The best way of doing this is by direct mail, networking, display
advertising etc. But what approach works best for you will depend on the product that
you are selling. The best way of finding out what will work, is by trying a different
number of methods initially, and then go for it once you know which one is best.
However, if you are unsure where to start, then look at how your competition is
marketing their goods…if it works for them, it may work for you also.
A Guide on How To Set Up Your Own Online Business



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Develop a Plan.

Without having a blueprint on how to reach your goals, you may find that not just your
efforts, but the resources may well be squandered. Having a plan provides you with
focus, direction and momentum to keep the business on track. We will look further at
setting up a business plan in the next chapter.

Check Laws and Regulations

It is important that you check to see if there are any local laws or regulations in relation
to setting up an online business from home. Also, you will need to get laws and
regulations in regard to being self employed.

Setting up the Office

More often than not, an online business will be conducted from the person’s home. So it
is important that you set up a home office prior to starting up the business. You should
arrange to have all the necessary equipment that you will need such as computer,
internet connection, printer, fax machine (but not essential) are just a few things that
you will need if you want to be successful with your online business. A Guide on How To Set Up Your Own Online Business



Page 10 of 25
Chapter 3 –

How to Set Up a Business Plan for an Online
Business


By setting up a business plan, you are road mapping your way to success. It will help you
to develop your business goals and strategies, as well as providing you with a better
understanding of the marketplace. It will also highlight any business strengths or
weaknesses that you may have, as well as providing you with an opportunity to take a
close look at your competitors. If you want, you can also include financial projections,
historical data and growth expectations into your business plan.

With any good business plan, it should show who the target audience is, and just how the
product or service that is being provided will meet or exceed their needs and
expectations.

When organizing a business plan it is best if you break it down into sections such as:-

1. Business summary – The product or service you want to provide.

2. Market analysis – Research on the product or service and how the
competitors are doing.

3. Product positioning – How to make it more prominent compared to your
competitors.


4. Market strategy – How are you actually going to market it?

5. Customer analysis – Look at what the customer wants or needs.

6. Financial analysis – What you need to invest in order to set up the business
and to keep it going while it is just getting started.

7. Overall business goals – What you hope to achieve in, say, a year’s time.

But what is more important is that once a business plan has been developed, it should
not lay in the back of a drawer somewhere. It should be a working plan that you can
refer to when you need to.

The best way to make a business plan is to keep it simple (one or two pages should be all
you need). A Guide on How To Set Up Your Own Online Business



Page 11 of 25

Certainly one of the best things you can do when starting an online business is to create a
plan then stick with it. A Guide on How To Set Up Your Own Online Business



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Chapter 4 –

What Type of Businesses Can You Have as an
Online Business?


In this chapter, we will look at some of the more common types of online businesses that
people are running. Keep in mind, the decision is really up to you as to what type of
business you want to run online.

Marketing Business

This is one of the most common types of online businesses around. You can either run
this business by exclusively marketing your own products, or by marketing those of other
big budget companies. But this needs you to produce a visually striking web page that
has all the necessary information and purchasing options on it for the products in
question. In order for this business to be successful, it needs to be promoted effectively
to potential customers via search engines, email or other sources. We will look at
marketing in more depth in another chapter of this book.

Turnkey Internet Business

This is a very trendy type of business to have online. This is where you would purchase a
website from an already established sector and then run the business on a web platform
that is provided to you by the established business. In order to promote such an online
business, there are many different methods that you could use, such as promoting
individual products or services to your online customers.

Internet Services

This is a business where specific services are provided to online customers at a
reasonable price. Such businesses are often set up according to a person’s professional
expertise and will provide services to their customers in relation to this. The types of
businesses that will come under this umbrella are online consultancies, computer
software assistance, and hardware trouble shooting and even such things as how to start
an online business.

Medical & Health Care Facility Services

This is where someone will set up a complete online pharmacy and the services related to
this type of business will be offered to online customers. Such businesses will provide
customers with medical consultancy, selling of medications and other medical charges.
If you look further into this line of business, you will find that there are several medical A Guide on How To Set Up Your Own Online Business



Page 13 of 25
institutes who can franchise a person to run a virtual medical and health care facility for
them.

But besides the ones mentioned above, there are many other kinds of online businesses
around, such as entertainment websites, home decoration, dating, article writing,
fitness, allergies, online chat and interaction and email servers are just some. But no
matter what type of online business (“niche”) it is you decide to get involved in, it is
important to plan carefully and have the ability promote the business professionally over
the internet. A Guide on How To Set Up Your Own Online Business



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Chapter 5 –

How to Go About Setting Up an Online
Business


The best way of setting up an online business today is as follows:-

1. Choose a niche and then specialize in it. Do not think that you are going to
make big bucks by selling everything under the sun (unless you are using
Ebay, but even this is getting more competitive today).

2. Choose or create a product. You can either use affiliate products or create
your own.

3. Probably one of the most important things to do when setting up an online
business is to find a good name. It should be short, easy to remember and
reflect what your business actually does. Your domain name is the name by
which your online customers will remember you by. A good domain name is
one that is memorable, short and easy to spell. There are many websites
around offering domain names, and prices can start for less than $1.

4. Get your own website. Do not go for a free page on some affiliate site, but get
your own. It is much easier to do than you think. Get some hosting (there are
plenty of companies on the web today offering their services). Then buy a
template system if you can not program (again take a look around the web and
you will soon find plenty of companies offering web templates). Now all you
have to do is start learning how to use it. However, if you are not technically
minded then you will need to hire someone to handle all the technical aspects
of your online business. This could include such things as building your
website for you, the handling of your website hosting and the setting up of any
domain names that you may require.

5. Always look for a secure and reliable host service provider. It is important
that you examine the “uptime guarantee” that each service provider offers.
Also, analyze the physical infrastructure of where your online business will be
stored. But probably most important of all is that you should scrutinize the
hosting providers “Back Up” and “Data Security” systems. This includes
calculating how much time would be required to reinstall your online business
if there was a complete infrastructure failure on the part of the hosting
provider. This will help you to calculate the least possible loss to your
business if such a situation arises.
A Guide on How To Set Up Your Own Online Business



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6. Build a list. This is important so that you are able to repeatedly talk with
visitors to your site. It is important that you keep the visitors updated as to
what is happening with your site. This also enables you to contact them
numerous times regarding whatever offer(s) you wish to present them.

7. Look at the ways in which you will handle the payments made by your
customers. If you are selling an affiliate product, then this will not be a
problem as the affiliate program will handle the payments for you. However,
if you are selling your own product, then you will have to set up your own
payment processing system. This will be looked at more closely in another
chapter of this book.

8. Look at the ways in which you will arrange for goods to be delivered to your
customer if selling your own products. You must look at local courier
companies, as well as the postal service and find out which will be more cost
effective for sending goods to customers. Also, you will then need to decide on
the pricing system for the sending of packages to your customer’s. But it is
important that you choose a shipping company who you know is going to be
reliable. Look especially at those companies who offer an online tracking
system.
A Guide on How To Set Up Your Own Online Business



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Chapter 6 –

How to Set Up an Online Business on a Budget


You have now decided to set up an online business, but your budget is very small, so how
can you get going?

You could start off by looking for free domain names. Because there are so many
companies around who are now selling domain names, the market has become quite
competitive. But there are a few sites around that will register a domain for you at no
charge. However, there is a catch with some of them in that they will set themselves up
as the administrator for your domain and then only transfer ownership to you after a set
period of time for free or will charge you a small fee.

If you are going to be setting up and launching a website, but do not want to pay the
$20-$40 a month that you can typically charged for hosting, then don’t. There are
plenty of places on the web today that will host your site for free. But before you get too
excited about this prospect, it is important to remember that there is a drawback to be
had from using such places. Most of these free host sites will place a banner at the top of
your pages for allowing you to do this. However, there are some web hosts around who
do not charge you a fee or force you to have a banner on your site either. While there are
others who will remove the banners completely for a small fee each year, which is
nothing compared to what you would pay to get someone to host your site for you each
month.

What if you are someone who does not have their own product to sell, but still wants to
make money online? Then look no further than becoming an affiliate marketer. This we
will look at more closely in the next chapter of this book. A Guide on How To Set Up Your Own Online Business



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Chapter 7 –

Just What is Affiliate Marketing and Why
Become an Affiliate Marketer?


Many times you will have seen previously in this book we have mentioned affiliate
marketing as a great way of setting up an online business. During this chapter, we will
provide a more in depth look at what it is exactly.

Affiliate Marketing is a method of promoting a product in which an affiliate is then
rewarded for every visitor, subscriber, customer and/or sale provided through their
efforts to the actual company selling the product. The compensation or commission that
an affiliate gets may be based on a certain value for each exposure, visit (pay per click),
new customer (pay per lead), sale which is usually a percentage of the item sold (pay per
sale or revenue share) or it may be a combination of any of these.

Many companies like to use affiliate marketing because they do not incur any marketing
expenses unless the desired result is realized.

There are also some e-commerce sites around today which run their own affiliate
programs, while others use third party services. These provide intermediaries who will
track traffic or sales that are referred to them from their various affiliates. There are
many businesses online today who owe much of their growth and success to the use of
affiliate marketing. It has been especially successful for small and midsize businesses on
the internet.

We have now looked at what affiliate marketing is, now let us look at some reasons as
why it is a good type of online business to set up.

No Production Costs
With an affiliate program, production costs are no longer an issue as the product has
been developed and proven to be good. Best of all, it has all come out of the merchant’s
accounts and not yours.

Do not need a lot of money to set up.
All you will need is a desk, computer, internet connection and word processing software
to get started.

Costs Involved
Normally it is free to join an affiliate program, and all the set up costs and shipping costs
will be met by the merchant whose products you are selling. Plus, as you do not need
any where to store goods, this is another reason for joining an affiliate program. So even A Guide on How To Set Up Your Own Online Business



Page 18 of 25
if you happen to live in a 1 bedroom apartment, you can still sell the biggest products
going as an affiliate because all the goods are held by the merchant you are working as an
affiliate for.

Choices
There are thousands of products and services that you can choose from. So finding the
right products for either a website you have already or one that you are planning to build
is immense.

No need to have a Merchants Account
This can be a time consuming and costly expense for anyone setting up a business for the
first time. Certainly, it is even more so where an online business is concerned. However,
as an affiliate, the merchant you are selling the product for will bear all costs, as well as
handle the processing of all payments. So you never have to worry about any potential
charge backs, fraudulent purchases or losing your merchant account completely as an
affiliate. Plus, no longer will you be concerned with collecting and storing names and
addresses of customers along with their credit card details, as this is all done by the
merchant who you are affiliated to.

Plus, no longer do you have to worry about dealing with awkward or nasty customers
and their complaints. This is down to the merchant to deal with.

Probably one of the best things about affiliate marketing is that you can make money
while you sleep.

Another benefit to get into affiliate marketing is that if the product you chose isn’t
making money, then you can just dump it. Remove any links to the product and then
start promoting another instead. This is because there are no long term contracts which
bind you to selling one particular product, so the risk to you is minimal.

If you work hard at affiliate marketing, then the potential to earn a good income is high.
It really depends on just how much you want it and how much effort you are willing to
put in to the products you are trying to sell.

For an idea of just what kinds of products and services offer affiliate programs, check out
Clickbank.com or ComissionJunction.com. Both of these sites are generally at the very
top of most affiliate marketers’ lists. A Guide on How To Set Up Your Own Online Business



Page 19 of 25
Chapter 8 –

Is Using an Online Payment System a Good
Decision for my Online Business?


There are many online payment services today which provide you with an alternative
way to traditional payment methods. So unlike banks and credit card companies,
services such as PayPal and CheckFree no longer require a business to have a merchant
account. In fact, using services like this not only provides a quicker way for money to be
paid online, but it is more secure than having someone sending you a check or cash.
This is because the funds are electronically transferred to your account with them in
order to settle any transaction made.

Such services have become especially popular among those who use online auction sites
(such as Ebay), but also many other online businesses are now beginning to see the
advantages of these services as well. However, what is important to know is how they
work, and how to avoid any potential problems that may arise.

Such services use a relatively simple process in order to transfer money from one person
to another. What you need to do is set up an account providing enough information
which should include your real name, email address and credit card or bank account
details (which are used to verify your identity). Then, in order for someone to pay you,
they enter your email address and the amount of the transaction in question. This is
then paid into your account, and can either then be transferred to your bank account, or
a check can be sent to you.

However, many of the payment services will charge a small fee in order to transfer funds.
For example, PayPal charges you up to 2.5% for each transfer that they make (but this all
depends on the amount). But what should be remembered is that these fees are
probably less than what you would normally pay for a credit card merchant account.
Also, such services can be especially helpful when you need to arrange for small
repetitive payments to be made to your account, such as affiliate rewards and
commissions.

But there are some drawbacks to be had from using a payment service, and these are as
follows:-

1. Many of them impose a daily or weekly limit on the amount of money that you
send or receive. So if you want to exceed these limits you may find yourself
incurring an additional fee for a “business account” or “premiere account”.
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2. These services are not banks, and therefore are not subject to strict banking
regulations or protected by Federal Deposit Insurance.

3. Often these services provide their customers with less protection against fraud
and abuse than many credit card companies offer.

4. Also, they are sometimes quick to freeze a customer’s account if they suspect
fraudulent or other criminal activities are taking place. They can be so quick
sometimes that some customers have found that their account has been frozen
for no apparent reason whatsoever.

It is important that before you sign up to any payment service, you read through their
terms and conditions thoroughly. Plus, also read through their terms of service
agreement carefully. It is important that you fully understand and accept the service’s
dispute policy, limits on liability, their fee structure and any other rules or regulations
that they may have. It is also important that you do not keep too much money in your
account, rather hold in it enough to conduct a few days of business and any unused
funds should be transferred over to your regular bank account.

Below are just a few more payment services that you may want to look at further when
setting up an online business account.

1. Authorize.net. This service processes credit card and checking account
transactions.

2. BidPay. This allows person to person payments, in which they accept a
credit card payment from the payer and then send a money order through to
the payee.

3. BillPoint. This also allows person to person payments, but from a credit
card. Originally this system was being targeted specifically at Ebay
customers.

4. E-Gold. This allows the payment in gold (silver, platinum or palladium) to
be made from one customer to another using an account based system.

5. PayPal. This is probably the most well known of payment services, and it
allows user to user payments. This is where a payer uses a credit card to pay
money into another user’s account. Or, in fact, they can use money they
already have in that account in order to pay for the goods they have
purchased.

6. World Pay. This service provides both an internet merchant account, and
payment processing service in one package.

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Chapter 9 –

How do You Go About Marketing Your Online
Business?


In the final chapter of this book, we will look at various ways in which you can market
your online business. The reason for marketing an online business is in order to get that
all important traffic to visit your site. This traffic consists of visitors, who will then
become your customers and start purchasing your product or service from you.

The first thing you need to do is learn how to optimize your website so that it will start
getting ranked in the top three search engines (Google, Yahoo and MSN. The sooner you
do this the faster it will get ranked and the sooner the traffic will start to appear at it. A
great way of doing this is by investing in either a book, E-book or Ecourse on how to
optimize your site, or you could try some of the following methods instead. The best way
in which you can optimize your website is by ensuring you have back links to your site.
This is where you have links to your site placed on other sites through various different
methods. Below we provide you with some that are useful in order to get those all
important back links to your website.

Link Exchanges
This is where you exchange links with other websites that have complimentary products
or services to your own. It will not only give you direct traffic from the link, but will help
to increase your pursuit for getting ranked higher in search engines.

Write Articles
It is important that the articles you write are interesting and full of useful information
regarding your niche. This is probably one of the best ways around for gaining more
traffic to your website. Not only is it free, as there are many article sites around where
you can have your articles published for free, but each article you have published will be
providing a link back to your site. This means that you are helping to gain even higher
rankings where search engines are concerned. When writing an article, you should
always include information about you, the author (this will usually be in a resource box
at the bottom of your article), and do not forget to include that all important link to your
own website.

By distributing to numerous article sites, you are not only gaining traffic (as when
someone sees it on there, they will click on your link if they like what they saw), but also
you get a link that points directly back to your site, which the search engines use to rank
sites.
A Guide on How To Set Up Your Own Online Business



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However, if you are someone who dislikes writing, then you could always look at using a
ghostwriter. There are many sites around today who offer ghostwriting services, but
when initially setting up an online business, this may not be an expense that you want to
incur.

Online Forums
When using these, do not forget to include your signature line at the end of any
comments that you make, as this will then provide a further link back to your site. The
best bet is to stick to forums that are on the same topic as what you are trying to sell. Not
only will you be learning about your potential customer’s desires, but you’ll be able to
establish yourself as an expert in the field.

Blogs
Blogs are a great way of ensuring you get back links to your site. So why not start a blog
on your website? But ensure that you post to your blog several times a week and think of
it as news page for your site. Certainly blogging has become the in thing at the moment
on the web. You only have to do a quick search to find out just how many there are. A Guide on How To Set Up Your Own Online Business



Page 23 of 25
Conclusion


So hopefully the information that has been provided for you in this book will be setting
you on your way to starting your first online business.

However, what you should remember is the costs of running an online business are
considerably reduced. This is because you do not actually need an office…you can work
from home. No need to employ others and all you need to get started is a good computer
and good internet connection.

But there are some problems that you do not get with a traditional business, such as
hackers, viruses, websites going down and data preservation.

However, the most important aspect of any online business is to generate traffic to your
site. There is no point in you having a great product if nobody knows about it. So get a
strategy in place which will generate the traffic required to bring in those all important
visitors, and then sales to your site.

So the best way of starting any kind of online business is to sit down and write up a plan.
Once you have done this, then you can start looking at all the steps that have been shown
in the book on how to start an online business!

Good luck with your future online ventures!

Tim Brechbill

A Guide on How To Set Up Your Own Online Business



Page 24 of 25
Congratulations!

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You to a FREE Lifetime Membership
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From: Tim Brechbill

To: You!

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A Guide on How To Set Up Your Own Online Business



Page 25 of 25
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A Guide on How To Set Up Your Own Online Business

A Guide on How To Set Up Your Own Online Business



Page 1 of 25
Creating an Online
Business 101



A Guide on How to Set Up
Your Own Online Business

Brought to you by: Tim Brechbill

Visit: http://PayDotClickbankAlert.com A Guide on How To Set Up Your Own Online Business



Page 2 of 25
A Guide on How to Set Up
Your Own Online Business


By: Tim Brechbill


LEGAL NOTICE


The Publisher has strived to be as accurate and complete as possible in the creation of
this report, notwithstanding the fact that he does not warrant or represent at any time
that the contents within are accurate due to the rapidly changing nature of the Internet.

The Publisher will not be responsible for any losses or damages of any kind incurred by
the reader whether directly or indirectly arising from the use of the information found in
this report.

This report is not intended for use as a source of legal, business, accounting or financial
advice. All readers are advised to seek services of competent professionals in legal,
business, accounting, and finance field.

No guarantees of income are made. Reader assumes responsibility for use of information
contained herein. The author reserves the right to make changes without notice. The
Publisher assumes no responsibility or liability whatsoever on the behalf of the reader of
this report. A Guide on How To Set Up Your Own Online Business



Page 3 of 25
Contents

Introduction

Chapter 1 What Reasons Are There for Starting an Online Business?

Chapter 2 Things That Need to be Considered Prior to Setting Up an Online
Business

Chapter 3 How to Set Up a Business Plan for an Online Business

Chapter 4 What Types of Business Can You Have as an Online Business?

Chapter 5 How to Go About Setting Up an Online Business

Chapter 6 How to Set Up an Online Business on a Budget

Chapter 7 Just What is Affiliate Marketing and Why Become an Affiliate
Marketer?

Chapter 8 Is Using an Online Payment Service a Good Decision for my Online
Business?

Chapter 9 How do You Go About Marketing Your Online Business?

Conclusion

Unpublished Bonus A Guide on How To Set Up Your Own Online Business



Page 4 of 25
Introduction


Hi fellow entrepreneur.

First, let me thank you for purchasing this exciting new guide on how to set up your own
online business. I really appreciate that.

Now as you know, more and more people today have become dissatisfied with their jobs
and their pension provisions. So the interest in starting an online business has begun to
increase. Yet many who look at such a project find it difficult to know where to start
because of the mountain of information available on the subject.

However, during this book we will help you to wade through the mountain of
information available. This will, in turn, help you to decide on what is the right sort of
online business for you.

One of the first things that you should bear in mind when setting up an online business
of any sort, is that you must treat it as just that – a business. This means that you must
be prepared to put in the time and effort in order to reap the rewards, even if you are
only starting it as a part time venture at first.

Next, you must be prepared to invest some money into it. You do not need to put in
large amounts, in fact, if you want, you could actually set it up on a very low budget.
Also, what you should remember where an online business is concerned, the running
costs are very low compared to a more traditional business.

However, the best place to begin is by picking what you like from the existing successful
online business models already out there. So talk to others who have already made
money in the niche that you have chosen, and then study, then implement the steps that
they took to make it the success it is.

So now you need to think about just what sort of business it is you like to run. Some of
the more popular types of online businesses to be found are: selling goods at auction
sites such as Ebay, creating and then selling digital products (e-books are a good
example of this) and setting up a custom storefront for your offline business. Also, you
may want to make downloadable audio and video products for your customers, or you
may just want to get into affiliate marketing instead. We will look at affiliate marketing a
little further on in this book in a little more depth.

However, if you do choose to go with Ebay, one of the main advantages of setting up an
online business based around this is as follows:-

1. You will have immediate access to millions of customers.
A Guide on How To Set Up Your Own Online Business



Page 5 of 25
2. Plus you will have the opportunity to sell anything from cars to collectibles
(say old sports cards).

3. Also, setting up an account on Ebay is straightforward, and the costs relating
to auctioning items on this site are extremely low.

However, it is important that you familiarize yourself with the site. So take a look at the
different categories and auctions that are already taking place. Also check out their
“How to Sell” section on the site.

For some, the thought of creating their own products seems very daunting, but if you
happen to be an expert in a particular niche, then coming up with ideas should not be
that difficult. It is important that you carry out some market research to make sure that
people would buy related items.

So spend some time writing down or recording any thoughts that you may have with
regard to the subject. Then go back and edit where you need to by putting things into a
logical order. However, if you are someone who doesn’t like writing, then take a look at
some other sites selling those same products or similar ones and get ideas from them.

Make a note, if you can, of what is selling well and formulate some questions that
someone who is interested in this product might ask. If you are able to find a friend who
will do an interview with you, getting them to ask you the questions you have produced.
You can, if you want, record this interview and the make into an audio product which
others can then download.

But if this just all seems too much, then why not get someone else to write some books
for you? Think about hiring a ghostwriter. But this may be something to consider when
you have a bit more money in the business account. So really, the next best way to make
money with an online business is by selling someone else’s products as an affiliate. As
previously mentioned, we will look more closely at affiliate marketing in another chapter
of this book.

The best way of starting an online business is to do it in an area that you are
knowledgeable or passionate about. This will help you to focus your attention, as well as
help to create a small income more quickly. But over a period of time, you will soon
develop new skills, and through persistence and patience, you will soon see some very
good results appear.

Warm regards,
Tim Brechbill



A Guide on How To Set Up Your Own Online Business



Page 6 of 25
Chapter 1 –

What Reasons Are There for Starting an
Online Business?


There are plenty of reasons as to why many people start an online business, and below
we will provide you with just a few of them.

For many people, the main reason that they decide to start an online business is to earn
an extra income. Usually, this is in addition to the income that they are already earning.
However for others, what starts as a part time venture, soon becomes a full time one.

Another reason that people decide to start up an online business is that they have more
control over their working life.

Also, it provides them with a chance to spend more time with their family and friends.
Today much too much time is spent working, and many people find that they have little
or no time to spend with those that they love.

Furthermore, there are other reasons as to why so many people now choose to set up an
online business.

What rush hour?

No longer do they need to get up in the morning to rush off to work and get caught up in
all that traffic. Now that time which would normally be wasted sitting in traffic can be
used to their advantage. Plus, it is up to you when you work, so if you don’t want to start
until late in the morning, you do not need to.

Prosperity

Because of the rapid advance in technology, many online businesses today tend be
prosperous, and so getting involved in this type of business is a good way to make some
money.

Costs of Starting Up

This is probably one of the biggest reasons as to why many people choose to start an
online business. As many of the transactions are completed online, there is little or no
need for lots of paper and documents. What one really needs in order to get an online
business going is a computer, a high speed internet connection (ADSL), printer, fax
machine and few other essentials that an office may need. A Guide on How To Set Up Your Own Online Business



Page 7 of 25

As you can see, these are just a few good reasons for why setting up an online business
might be the ideal choice for you.
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Chapter 2 –

Things That Need to be Considered Prior to
Setting Up an Online Business


During this chapter, we will look at things that you need to consider before you actually
set up your online business.

What product or service will you want to provide?

For many people, they will start an online business based on knowledge and experience
that they have already, while others may spot a gap in the market. But the most
important thing that you can do is carry out research with companies and individuals
that you do not know in order to get a more unbiased view.

Also, do as much reading and research on everything you can about particular areas of
interest, as well as studying the pros and cons that this will have in relation to your
overall goals. Plus, make yourself familiar with your competitors, as this will boost your
confidence and enthusiasm for setting up an online business.

Where to work from?

You do not need to work from home, but this is an option that many online business
people prefer. But others prefer to have an office away from the home, as they find it
difficult to focus, as well as feeling isolated.




How to market the business?

It is important, if you want your online business to thrive, to ensure that you establish a
web presence. The best way of doing this is by direct mail, networking, display
advertising etc. But what approach works best for you will depend on the product that
you are selling. The best way of finding out what will work, is by trying a different
number of methods initially, and then go for it once you know which one is best.
However, if you are unsure where to start, then look at how your competition is
marketing their goods…if it works for them, it may work for you also.
A Guide on How To Set Up Your Own Online Business



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Develop a Plan.

Without having a blueprint on how to reach your goals, you may find that not just your
efforts, but the resources may well be squandered. Having a plan provides you with
focus, direction and momentum to keep the business on track. We will look further at
setting up a business plan in the next chapter.

Check Laws and Regulations

It is important that you check to see if there are any local laws or regulations in relation
to setting up an online business from home. Also, you will need to get laws and
regulations in regard to being self employed.

Setting up the Office

More often than not, an online business will be conducted from the person’s home. So it
is important that you set up a home office prior to starting up the business. You should
arrange to have all the necessary equipment that you will need such as computer,
internet connection, printer, fax machine (but not essential) are just a few things that
you will need if you want to be successful with your online business. A Guide on How To Set Up Your Own Online Business



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Chapter 3 –

How to Set Up a Business Plan for an Online
Business


By setting up a business plan, you are road mapping your way to success. It will help you
to develop your business goals and strategies, as well as providing you with a better
understanding of the marketplace. It will also highlight any business strengths or
weaknesses that you may have, as well as providing you with an opportunity to take a
close look at your competitors. If you want, you can also include financial projections,
historical data and growth expectations into your business plan.

With any good business plan, it should show who the target audience is, and just how the
product or service that is being provided will meet or exceed their needs and
expectations.

When organizing a business plan it is best if you break it down into sections such as:-

1. Business summary – The product or service you want to provide.

2. Market analysis – Research on the product or service and how the
competitors are doing.

3. Product positioning – How to make it more prominent compared to your
competitors.


4. Market strategy – How are you actually going to market it?

5. Customer analysis – Look at what the customer wants or needs.

6. Financial analysis – What you need to invest in order to set up the business
and to keep it going while it is just getting started.

7. Overall business goals – What you hope to achieve in, say, a year’s time.

But what is more important is that once a business plan has been developed, it should
not lay in the back of a drawer somewhere. It should be a working plan that you can
refer to when you need to.

The best way to make a business plan is to keep it simple (one or two pages should be all
you need). A Guide on How To Set Up Your Own Online Business



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Certainly one of the best things you can do when starting an online business is to create a
plan then stick with it. A Guide on How To Set Up Your Own Online Business



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Chapter 4 –

What Type of Businesses Can You Have as an
Online Business?


In this chapter, we will look at some of the more common types of online businesses that
people are running. Keep in mind, the decision is really up to you as to what type of
business you want to run online.

Marketing Business

This is one of the most common types of online businesses around. You can either run
this business by exclusively marketing your own products, or by marketing those of other
big budget companies. But this needs you to produce a visually striking web page that
has all the necessary information and purchasing options on it for the products in
question. In order for this business to be successful, it needs to be promoted effectively
to potential customers via search engines, email or other sources. We will look at
marketing in more depth in another chapter of this book.

Turnkey Internet Business

This is a very trendy type of business to have online. This is where you would purchase a
website from an already established sector and then run the business on a web platform
that is provided to you by the established business. In order to promote such an online
business, there are many different methods that you could use, such as promoting
individual products or services to your online customers.

Internet Services

This is a business where specific services are provided to online customers at a
reasonable price. Such businesses are often set up according to a person’s professional
expertise and will provide services to their customers in relation to this. The types of
businesses that will come under this umbrella are online consultancies, computer
software assistance, and hardware trouble shooting and even such things as how to start
an online business.

Medical & Health Care Facility Services

This is where someone will set up a complete online pharmacy and the services related to
this type of business will be offered to online customers. Such businesses will provide
customers with medical consultancy, selling of medications and other medical charges.
If you look further into this line of business, you will find that there are several medical A Guide on How To Set Up Your Own Online Business



Page 13 of 25
institutes who can franchise a person to run a virtual medical and health care facility for
them.

But besides the ones mentioned above, there are many other kinds of online businesses
around, such as entertainment websites, home decoration, dating, article writing,
fitness, allergies, online chat and interaction and email servers are just some. But no
matter what type of online business (“niche”) it is you decide to get involved in, it is
important to plan carefully and have the ability promote the business professionally over
the internet. A Guide on How To Set Up Your Own Online Business



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Chapter 5 –

How to Go About Setting Up an Online
Business


The best way of setting up an online business today is as follows:-

1. Choose a niche and then specialize in it. Do not think that you are going to
make big bucks by selling everything under the sun (unless you are using
Ebay, but even this is getting more competitive today).

2. Choose or create a product. You can either use affiliate products or create
your own.

3. Probably one of the most important things to do when setting up an online
business is to find a good name. It should be short, easy to remember and
reflect what your business actually does. Your domain name is the name by
which your online customers will remember you by. A good domain name is
one that is memorable, short and easy to spell. There are many websites
around offering domain names, and prices can start for less than $1.

4. Get your own website. Do not go for a free page on some affiliate site, but get
your own. It is much easier to do than you think. Get some hosting (there are
plenty of companies on the web today offering their services). Then buy a
template system if you can not program (again take a look around the web and
you will soon find plenty of companies offering web templates). Now all you
have to do is start learning how to use it. However, if you are not technically
minded then you will need to hire someone to handle all the technical aspects
of your online business. This could include such things as building your
website for you, the handling of your website hosting and the setting up of any
domain names that you may require.

5. Always look for a secure and reliable host service provider. It is important
that you examine the “uptime guarantee” that each service provider offers.
Also, analyze the physical infrastructure of where your online business will be
stored. But probably most important of all is that you should scrutinize the
hosting providers “Back Up” and “Data Security” systems. This includes
calculating how much time would be required to reinstall your online business
if there was a complete infrastructure failure on the part of the hosting
provider. This will help you to calculate the least possible loss to your
business if such a situation arises.
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6. Build a list. This is important so that you are able to repeatedly talk with
visitors to your site. It is important that you keep the visitors updated as to
what is happening with your site. This also enables you to contact them
numerous times regarding whatever offer(s) you wish to present them.

7. Look at the ways in which you will handle the payments made by your
customers. If you are selling an affiliate product, then this will not be a
problem as the affiliate program will handle the payments for you. However,
if you are selling your own product, then you will have to set up your own
payment processing system. This will be looked at more closely in another
chapter of this book.

8. Look at the ways in which you will arrange for goods to be delivered to your
customer if selling your own products. You must look at local courier
companies, as well as the postal service and find out which will be more cost
effective for sending goods to customers. Also, you will then need to decide on
the pricing system for the sending of packages to your customer’s. But it is
important that you choose a shipping company who you know is going to be
reliable. Look especially at those companies who offer an online tracking
system.
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Chapter 6 –

How to Set Up an Online Business on a Budget


You have now decided to set up an online business, but your budget is very small, so how
can you get going?

You could start off by looking for free domain names. Because there are so many
companies around who are now selling domain names, the market has become quite
competitive. But there are a few sites around that will register a domain for you at no
charge. However, there is a catch with some of them in that they will set themselves up
as the administrator for your domain and then only transfer ownership to you after a set
period of time for free or will charge you a small fee.

If you are going to be setting up and launching a website, but do not want to pay the
$20-$40 a month that you can typically charged for hosting, then don’t. There are
plenty of places on the web today that will host your site for free. But before you get too
excited about this prospect, it is important to remember that there is a drawback to be
had from using such places. Most of these free host sites will place a banner at the top of
your pages for allowing you to do this. However, there are some web hosts around who
do not charge you a fee or force you to have a banner on your site either. While there are
others who will remove the banners completely for a small fee each year, which is
nothing compared to what you would pay to get someone to host your site for you each
month.

What if you are someone who does not have their own product to sell, but still wants to
make money online? Then look no further than becoming an affiliate marketer. This we
will look at more closely in the next chapter of this book. A Guide on How To Set Up Your Own Online Business



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Chapter 7 –

Just What is Affiliate Marketing and Why
Become an Affiliate Marketer?


Many times you will have seen previously in this book we have mentioned affiliate
marketing as a great way of setting up an online business. During this chapter, we will
provide a more in depth look at what it is exactly.

Affiliate Marketing is a method of promoting a product in which an affiliate is then
rewarded for every visitor, subscriber, customer and/or sale provided through their
efforts to the actual company selling the product. The compensation or commission that
an affiliate gets may be based on a certain value for each exposure, visit (pay per click),
new customer (pay per lead), sale which is usually a percentage of the item sold (pay per
sale or revenue share) or it may be a combination of any of these.

Many companies like to use affiliate marketing because they do not incur any marketing
expenses unless the desired result is realized.

There are also some e-commerce sites around today which run their own affiliate
programs, while others use third party services. These provide intermediaries who will
track traffic or sales that are referred to them from their various affiliates. There are
many businesses online today who owe much of their growth and success to the use of
affiliate marketing. It has been especially successful for small and midsize businesses on
the internet.

We have now looked at what affiliate marketing is, now let us look at some reasons as
why it is a good type of online business to set up.

No Production Costs
With an affiliate program, production costs are no longer an issue as the product has
been developed and proven to be good. Best of all, it has all come out of the merchant’s
accounts and not yours.

Do not need a lot of money to set up.
All you will need is a desk, computer, internet connection and word processing software
to get started.

Costs Involved
Normally it is free to join an affiliate program, and all the set up costs and shipping costs
will be met by the merchant whose products you are selling. Plus, as you do not need
any where to store goods, this is another reason for joining an affiliate program. So even A Guide on How To Set Up Your Own Online Business



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if you happen to live in a 1 bedroom apartment, you can still sell the biggest products
going as an affiliate because all the goods are held by the merchant you are working as an
affiliate for.

Choices
There are thousands of products and services that you can choose from. So finding the
right products for either a website you have already or one that you are planning to build
is immense.

No need to have a Merchants Account
This can be a time consuming and costly expense for anyone setting up a business for the
first time. Certainly, it is even more so where an online business is concerned. However,
as an affiliate, the merchant you are selling the product for will bear all costs, as well as
handle the processing of all payments. So you never have to worry about any potential
charge backs, fraudulent purchases or losing your merchant account completely as an
affiliate. Plus, no longer will you be concerned with collecting and storing names and
addresses of customers along with their credit card details, as this is all done by the
merchant who you are affiliated to.

Plus, no longer do you have to worry about dealing with awkward or nasty customers
and their complaints. This is down to the merchant to deal with.

Probably one of the best things about affiliate marketing is that you can make money
while you sleep.

Another benefit to get into affiliate marketing is that if the product you chose isn’t
making money, then you can just dump it. Remove any links to the product and then
start promoting another instead. This is because there are no long term contracts which
bind you to selling one particular product, so the risk to you is minimal.

If you work hard at affiliate marketing, then the potential to earn a good income is high.
It really depends on just how much you want it and how much effort you are willing to
put in to the products you are trying to sell.

For an idea of just what kinds of products and services offer affiliate programs, check out
Clickbank.com or ComissionJunction.com. Both of these sites are generally at the very
top of most affiliate marketers’ lists. A Guide on How To Set Up Your Own Online Business



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Chapter 8 –

Is Using an Online Payment System a Good
Decision for my Online Business?


There are many online payment services today which provide you with an alternative
way to traditional payment methods. So unlike banks and credit card companies,
services such as PayPal and CheckFree no longer require a business to have a merchant
account. In fact, using services like this not only provides a quicker way for money to be
paid online, but it is more secure than having someone sending you a check or cash.
This is because the funds are electronically transferred to your account with them in
order to settle any transaction made.

Such services have become especially popular among those who use online auction sites
(such as Ebay), but also many other online businesses are now beginning to see the
advantages of these services as well. However, what is important to know is how they
work, and how to avoid any potential problems that may arise.

Such services use a relatively simple process in order to transfer money from one person
to another. What you need to do is set up an account providing enough information
which should include your real name, email address and credit card or bank account
details (which are used to verify your identity). Then, in order for someone to pay you,
they enter your email address and the amount of the transaction in question. This is
then paid into your account, and can either then be transferred to your bank account, or
a check can be sent to you.

However, many of the payment services will charge a small fee in order to transfer funds.
For example, PayPal charges you up to 2.5% for each transfer that they make (but this all
depends on the amount). But what should be remembered is that these fees are
probably less than what you would normally pay for a credit card merchant account.
Also, such services can be especially helpful when you need to arrange for small
repetitive payments to be made to your account, such as affiliate rewards and
commissions.

But there are some drawbacks to be had from using a payment service, and these are as
follows:-

1. Many of them impose a daily or weekly limit on the amount of money that you
send or receive. So if you want to exceed these limits you may find yourself
incurring an additional fee for a “business account” or “premiere account”.
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2. These services are not banks, and therefore are not subject to strict banking
regulations or protected by Federal Deposit Insurance.

3. Often these services provide their customers with less protection against fraud
and abuse than many credit card companies offer.

4. Also, they are sometimes quick to freeze a customer’s account if they suspect
fraudulent or other criminal activities are taking place. They can be so quick
sometimes that some customers have found that their account has been frozen
for no apparent reason whatsoever.

It is important that before you sign up to any payment service, you read through their
terms and conditions thoroughly. Plus, also read through their terms of service
agreement carefully. It is important that you fully understand and accept the service’s
dispute policy, limits on liability, their fee structure and any other rules or regulations
that they may have. It is also important that you do not keep too much money in your
account, rather hold in it enough to conduct a few days of business and any unused
funds should be transferred over to your regular bank account.

Below are just a few more payment services that you may want to look at further when
setting up an online business account.

1. Authorize.net. This service processes credit card and checking account
transactions.

2. BidPay. This allows person to person payments, in which they accept a
credit card payment from the payer and then send a money order through to
the payee.

3. BillPoint. This also allows person to person payments, but from a credit
card. Originally this system was being targeted specifically at Ebay
customers.

4. E-Gold. This allows the payment in gold (silver, platinum or palladium) to
be made from one customer to another using an account based system.

5. PayPal. This is probably the most well known of payment services, and it
allows user to user payments. This is where a payer uses a credit card to pay
money into another user’s account. Or, in fact, they can use money they
already have in that account in order to pay for the goods they have
purchased.

6. World Pay. This service provides both an internet merchant account, and
payment processing service in one package.

A Guide on How To Set Up Your Own Online Business



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Chapter 9 –

How do You Go About Marketing Your Online
Business?


In the final chapter of this book, we will look at various ways in which you can market
your online business. The reason for marketing an online business is in order to get that
all important traffic to visit your site. This traffic consists of visitors, who will then
become your customers and start purchasing your product or service from you.

The first thing you need to do is learn how to optimize your website so that it will start
getting ranked in the top three search engines (Google, Yahoo and MSN. The sooner you
do this the faster it will get ranked and the sooner the traffic will start to appear at it. A
great way of doing this is by investing in either a book, E-book or Ecourse on how to
optimize your site, or you could try some of the following methods instead. The best way
in which you can optimize your website is by ensuring you have back links to your site.
This is where you have links to your site placed on other sites through various different
methods. Below we provide you with some that are useful in order to get those all
important back links to your website.

Link Exchanges
This is where you exchange links with other websites that have complimentary products
or services to your own. It will not only give you direct traffic from the link, but will help
to increase your pursuit for getting ranked higher in search engines.

Write Articles
It is important that the articles you write are interesting and full of useful information
regarding your niche. This is probably one of the best ways around for gaining more
traffic to your website. Not only is it free, as there are many article sites around where
you can have your articles published for free, but each article you have published will be
providing a link back to your site. This means that you are helping to gain even higher
rankings where search engines are concerned. When writing an article, you should
always include information about you, the author (this will usually be in a resource box
at the bottom of your article), and do not forget to include that all important link to your
own website.

By distributing to numerous article sites, you are not only gaining traffic (as when
someone sees it on there, they will click on your link if they like what they saw), but also
you get a link that points directly back to your site, which the search engines use to rank
sites.
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However, if you are someone who dislikes writing, then you could always look at using a
ghostwriter. There are many sites around today who offer ghostwriting services, but
when initially setting up an online business, this may not be an expense that you want to
incur.

Online Forums
When using these, do not forget to include your signature line at the end of any
comments that you make, as this will then provide a further link back to your site. The
best bet is to stick to forums that are on the same topic as what you are trying to sell. Not
only will you be learning about your potential customer’s desires, but you’ll be able to
establish yourself as an expert in the field.

Blogs
Blogs are a great way of ensuring you get back links to your site. So why not start a blog
on your website? But ensure that you post to your blog several times a week and think of
it as news page for your site. Certainly blogging has become the in thing at the moment
on the web. You only have to do a quick search to find out just how many there are. A Guide on How To Set Up Your Own Online Business



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Conclusion


So hopefully the information that has been provided for you in this book will be setting
you on your way to starting your first online business.

However, what you should remember is the costs of running an online business are
considerably reduced. This is because you do not actually need an office…you can work
from home. No need to employ others and all you need to get started is a good computer
and good internet connection.

But there are some problems that you do not get with a traditional business, such as
hackers, viruses, websites going down and data preservation.

However, the most important aspect of any online business is to generate traffic to your
site. There is no point in you having a great product if nobody knows about it. So get a
strategy in place which will generate the traffic required to bring in those all important
visitors, and then sales to your site.

So the best way of starting any kind of online business is to sit down and write up a plan.
Once you have done this, then you can start looking at all the steps that have been shown
in the book on how to start an online business!

Good luck with your future online ventures!

Tim Brechbill

A Guide on How To Set Up Your Own Online Business



Page 24 of 25
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A Guide on How To Set Up Your Own Online Business



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