Monday, September 03, 2007

How to Go About Setting Up an Online Business

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How to Go About Setting Up an Online Business by Dechen Lau


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

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