There is a four-part concept that guides a well planned business. The first part of this concept is Market Research. This is the most crucial aspect. Like I said previously, this is where 95% people make mistake when they start an online business. It is the Market Research mistakes that make people waste time and money on unprofitable markets or niches.
It is important to find out if there is a market and if the market is actually interested in buying anything. Next, we need to find out what type of things they are willing to buy before we spend precious time and money on product development, etc.
The second part of the concept is Traffic. Why is traffic important? It’s because if you cannot get anyone to come to your website, you will never be able to sell anything. You may have the best product online but you will not make money unless you get people to see it. Therefore, the sensible thing to do after establishing your market is to find out if you’ll be able to generate enough traffic that will enable you make money in that market.
I shall be showing a couple of methods you can use to generate traffic without spending money. Of course, there are other methods that will require you to spend money, but you don’t have to do those until you start making money from the free traffic you’ll be getting.
After traffic, the third part is called Conversion. Conversion is when you get the traffic that arrives at your site to take some sort of action. It could be that you want them to buy something, to opt-in to your list or to access information. There are so many strategies you can use to get conversion e.g. copywriting, video, audio, etc. We will be looking at these in detail.
The fourth and final part of the concept is the Product. After you have figured out that the market is interested in buying a product; that you can drive enough traffic to make money in the market and that you can really get the market to take your desired action, the next move is for you to focus on developing a product.
The good thing here is that you will use the market to tell you what type of product they want to buy. Sad enough, most wannabes start with this last leg and that’s why they usually end up wasting money and time on products that nobody wants. So please, follow me as I show you step by step how to be successful in your online business. Don’t jump the gun!
I am a Social Media Marketing Strategist and Facebook Marketing Expert, a business coach, seminar resource person, published and serial entrepreneur. I help businesses to get extraordinary results from their marketing campaign thus ensuring steady increase in their incomes.
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It’s quite simple Oladosu, just send me a mail and we can set up a training appointment. It could be one-on-one or you could join a group, it depends on you. Goodluck dear!
good day ma,please how l do l get trained as a keyword research consultant.Thanks.