1. Find a niche market FIRST!
What is a niche you might ask? A niche is simply a group of people who are looking for a solution to something. You could find a niche anywhere, watch morning TV, reading covers of women’s magazines, news websites from around the world and so on. Think about not just your own interests, but the interests of people you know. There is a potential niche market almost everywhere you look!
2. Create a product that gives your market what they want.
Create a survey page and ask people what is their most burning question about such and such. This way you not only have a whole lot of questions to answer for your product but you can also build a list! Take survey questions to www.elance.com / www.rentacoder.com etc and get a book ghost-written. If you don’t really know a whole lot about a particular topic then don’t waste your time trying to write it yourself. Outsource it!
3. Create a powerful, compelling sales message.
This is possibly the most important part. You know, one of those ordinary sales letter type pages you see everywhere. One important thing to remember here is UGLY SITES SELL.
4. Design a simple website that converts people to buyers.
Black text on white background, ask for only one action – BUY. Too many options will only scare them off.
5. Bring traffic to your site by any means necessary.
PPC, press releases (www.prweb.com), publish articles online to article sites such as www.ezinearticles.com & www.guruknowledge.org. Post on forums related to your niche.
6. Capture email wherever possible for a second chance, a second bite.
Without an email capture device in your marketing funnel then you are missing out on a huge number of potential leads.
7. Create an army of affiliates to sell your product for you!
By having affiliates sell your product for you obviously is quite a handy thing indeed. They do all the hard work for you!
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the best step by step guide on doing online business, very informative. i will bookmark your site, so i can learn more