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1. How do you bring your existing expertise online? 

When creating a website, then you build your business online. The products you sell or the services you offer there, are based on your expertise that is brought in a online environment. 

An online business helps you find the exact people you want to serve and generate consistent revenue when you offer them solutions that are tailored to their needs. 

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2. Why do online businesses fail? 

Have a plan in advance. An idea. And work on it slowly. You don’t need to do everything at once. If you try to fit everything from the beginning you then feel overwhelmed, leading you to give up fast. Creating an online business is similar to creating an offline one. It needs, time, effort and continuous support.

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3. What are the main components of an online business? 

An online business where you share your hard-earned expertise with people who need it requires three things: 

  • A website with content that establishes that you’re a trustworthy company; 

  • An email list where you reach out directly to communicate with your audience; 

  • Something to sell that generates consistent revenue.

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4. Which online businesses are easy to create? 

Go from the idea phase to the testing phase quickly with these easy-to-create online businesses: 

  • Start with a 1-page website that shows your products. Start simple! And then proceed with the rest of the tabs! A minimum viable website that shares your services. Establish your expertise on your Home page, share who you are on your About page, and give people a way to reach out for help on your Contact page.

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5. How can I cut through the online confusion? 

Online business are built in four stages. Each stage builds a foundation for the next one. 

  • Home page gives a good overview of the products that the customer can purchase 

  • About page informs on the seller 

  • Products page provides the list of the products. Here you can have multiple filters (as for example for whom the product you want to purchase is for: male, female, child. It can include the brand, the type of product etc. 

  • Shopping cart and proceed with payment! 

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6. How do I know what business stage I’m in?

Just do the quiz below!!!

- Press here for English Quiz

4 stages of business development

Stage 1 PLANNING: lay a firm foundation for your online business.

  • Take some time to describe who your ideal customer is. Think about their current challenges, too. How do those challenges impact their lives? 

  • Choose your brand style. The earlier you build a recognizable brand, the better. Building your brand early will allow you to begin using the power of time to build brand recognition. 

  • Choose your business name. Your brand consists of two parts: your verbal brand and your visual brand. Start by creating a verbal brand, who you are and what to expect. Your visual brand consists of your brand colors, fonts, logo, and overall style. The links below will help you create a simple-but-impactful visual brand. 

  • You don’t have to have all the answers about what your online business will offer at this stage. Start with a simple plan and answer these questions: Will my offer be a product or a service? Who will my offer serve and how?

 

Stage 3 IMPLEMENTATION: you’re going to find out if what you’ve planned and built is going to actually work.

  • Start building your autoresponder email and emailing list: you should explore innovative ways to grow your subscribers. 

  • “Launching” refers to the process of getting a product or service in front of the right people in a way that makes them sit up, take notice, and buy. 

  • Optimize your sales page: It must engage your site visitor from the headline all the way down to the call to action. 

  • In this stage, you want to get nice and comfortable analyzing your results so you can learn from your numbers.

Stage 2 BUILDING: you’ll create a website — a place where future prospects and customers will discover your information and your offers.

  • Build your initial website: you can use WordPress website as it serves up all the content, and the visual style of the site is supplied by a WordPress theme. Don’t over complicate your site: You can get a minimum viable version of your website created in under a week. 

  • Design your Home page: Your Home page is the front door to your online business, and you want it to be inviting. State how your business offers value to the site visitor right at the top of your homepage. 

  • Write your About page: When new site visitors land on your website and like what they find, they’ll visit your About page to learn more about the people behind their new favorite website. 

  • Create your Contact page and make your site live! Site visitors will use your Contact page to reach out and ask questions, make queries, etc. Don’t put your email address here — use a form that sends messages to your inbox securely. Once you have your Contact page ready, you can make your website live. That’s right — you can launch a site with just these three pages! 

  • Add a Content page: It’s smart to publish regular content so search engines can send the right people to your website. This can be also an e-commerce page. This will be your store with products, a page with services, a way to book appointments. 

  • Build your first offer: Don’t build an elaborate, time-consuming first offer without doing a small test with a smaller version of it first.

 

Stage 4 GROWING: time to see the fruits of all that hard work. It is the beginning of a world of potentials!

  • Improve your launch process 

  • Improve the customer experience 

  • Grow your team 

  • Publicize further your e-shop

Frequently asked questions about starting an online store

You can create an online shop for free with for example with

  • Shift4Shop, BigCommerce., Squarespace, Wix, Ecwid, WooCommerce, Sellfy.
  • (International) Amazon, eBay, Handshake, Bonanza, Ruby Lane, Etsy, Chairish, Swappa, Etsi , Aliexpress
  • (Greece) Skroutz, SHOPFLIX, BestPrice , Public, e-shop, Market Place
  • (Cyprous) OnCyprus, EasyMall CY, E-shop Cyprus, Bazaraki Marketplace

Set up an online store on an e-commerce platform, add the products you want to sell, create key pages for your store, pick a theme and customize your online store, customize your shipping settings, configure your tax settings, set up your payment gateway and payouts, prepare your store for launch, and then launch and start marketing your store.

Yes, it is profitable to be an online seller today. More than 50% of consumers today choose to purchase their day-to-day necessities online. Selling for a profit includes finding your niche, attracting ideal customers, and marketing products with a price tag customers are willing to pay that have a good profit margin.

You can create your online store as a drop shipper or print-on-demand seller, which requires no inventory to get started.

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