Starting an online business

First thing to ask is do you have any knowledge or expertise and passion in any kind of
field ??

Online business is just like any other business. You build something that people need.

To answer your 2nd and 3rd question... It really depend on your definition of "enough". Anything can be enough if you have the right amount of knowledge.. But then again, we're human, the more we have, the more we want. So the hard true answer is, no. It will never be enough.

I suggest you do more research and find what is best suitable for you. Best of luck

What exactly are you looking for here?

An online business is an entity that makes money online (IMO at least), why does it matter how many things you are involved with as long as you are making (enough) money?

What I'm hearing is "I'm looking for an easy way to make money long term without doing much/any work." The sooner you forget that pipe dream, the better.

Real businesses require real work: researching, planning, developing, testing, etc, etc, etc.

You're asking people to spoon feed you information and build a business for you and have given no indication that you've done any work yourself. Think about that for a minute.

Turn the question around:

Not outrageous is it? Think how many different offline businesses (including services both blue collar and professional) there are. They advertise using online resources and media resources and track sales and marketing using technical services.

The only thing really different about an online business is the low cost of a startup. You don't have to rent warehouse or office space - hire employees - stock shelves of a retail store or buy office equipment.

An increasing number of new members are looking for ways to make money without having a website.

Smarter in my opinion for new marketers to create a web presence with their own site or blog. It's like having a home base - a place online where you can expand your business, send people to create brand awareness or trust.

What do you consider enough / I assume you are talking about money?

I've been promoting affiliate / CPA offers for almost 17 years.

I heavily promote specifically what you asked about in one of your posts...PPL offers.

In my experience, PPL (pay per lead...lead generation) is one of the easiest types of offers to promote. This is because there is no credit card / purchase required to complete an offer. All a user has to do is fill out a form, so conversion rates are typically much higher compared to offers that require you to make a sale.

IMO, nothing beats it and probably 90% of all the offers I promote are PPL.

However, you can have the best offer(s) in the world and if you can't drive quality traffic to them you won't make any money.

The way I drive traffic is by acquiring fresh / targeted 3rd party email data. Which is data that the users have shown an interest in a specific vertical (niche) and provided permission to receive messages from third parties. I get the opt-in record of all the users and it's 100% can-spam compliant.

So whatever the target is, I send a relevant PPL offer. So if I'm getting life insurance data, I send a life insurance PPL offer. If I'm getting education data, then I send an education PPL offer.

That's the real simple explanation, but there is a bit more involved.

Basically, I monetize the data by sending PPL offers because they offer the path of least resistance to generating conversions / $$$ and converting the data into cash producing assets.

Anyway, I've been doing the above of nearly 17 years...something to think about.

Making money online is a process. None of it is going to be easy / quick. Believe me I tried the quick easy route when I was new.

For brand new marketers...it can take up to 3 full months of 'training' mode. And this is if you are driven and learning every day.

Then there is the next stage where you start 'implementing' what you learned in theory (most people will do very little of this or apply scattered approaches all over the place).

Implementation is your REAL training because we as human beings only learn by experience.

Implementation is another 6 plus months or so.

So if you are looking for quick, easy and to be 'spoon fed'...you may be better off doing what ever you are doing currently for an income.

Originally Posted by Jn40083 What exactly is an online business? It covers so much that I'm starting to think much of it requires offline ability or technical services. Can information alone(ebooks,HTML) be enough? Can a single authority blog with Adsense, or many niche blogs with ads, or YouTube channel, or being involved in a CPA network marketing be enough? I was starting to realize to make money marketing online you would need to market to people who would buy whatever I am offering. My concern is I don't believe I have experience to make it. Is this normal and can a drop ship empire be enough

From what you tell me, I can see you are a complete newbie to these.

Here is my advice.

You do not need to be the master of everything but of one thing.

Which is what you are good at.

And how can you contribute to others that mattered most.

Some people are good in blogging while others are good in social media and videos.

Or combination of all having interacted with people of all levels.

There are also some who are good in organizing offline events or webinars.

But at the end of the day, what you need is something you are good at and knows a lot about.

And a group of people who need what you offer.

Regardless of the strategics, software or Google's latest changes.

Hi,

Online business is simply having any business related to the internet.It's a traffic game and further, all the things revolve around it.With traffic at your platform, you can do anything related to blogs, Adsense, Youtube channel, e-books, etc. Need is-To analyze the things first and then to start wisely.
Initially, try to learn and do more and more things on your own.This will help you build the knowledge base and experience.


Thanks!

Can an online business be affiliate marketing with a website bring in full time income?

Website vs no website for direct linking products in bulk via dropshipping?

It's a traffic game with brings me to the point of whether to build a business revolving around a service that gives traffic to offline business wanted to do internet marketing, affiliate and network marketing
Is this right

An online business is simply using online resources to reach your target audience and it MAY also include online distribution (optionally).

Some examples:

1. Chiropractor/Naturopath has local business, extend their reach via local online reach & potentially extends their business remotely to other communities
2. E-commerce web page that sells niche products you license as drop-ship, bulk ship from overseas or via affiliate program... for example - we helped one of our clients with a yoga website online that started selling digital instruction products and evolved into selling yoga mats, clothes, etc..sourced via combination of drop-ship and affiliate programs
3. Consultant or trainer packages their instruction into videos, exercise books, ebooks, etc... and sells them via Clickbank/JVZoo/Paypal from their own website

The question you really want to answer is what market you would like to serve, what their compelling desires and commercial activity are and then how you can create your own offers and products in that space.

Next, you work out details of how you will reach your market with the message from research above - ads, content, affiliate, etc..

Sure! For some people. Such people are highly motivated self-starters. Some work for years before they earn enough to quit working for a pay check.

You don't want to build an online business, you want what no one ever gets; large incomes from little or no effort.

Don't give up your day J.O.B.

Brent

Hey buddy,
It seems you are new to internet marketing world.

Keep in mind that if want to get success in any business you need to add value to your users/buyers even if you are selling vegetables.

For the online business, you need to put time and money both to learn things from professional's.

My suggestion is, you first research what internet marketing is, then go to WSO section of warrior forum, get any of the course on blogging or CPA (as you asked for them) and start working on them immediately.

Don't try to get too many courses at all (Stay away from shiny object syndrome)

This is a broad question. The long and the short of it is any business you have that is based on line - no "brick and mortar" site.

And yes - much of it DOES require offline ability and technical services (or knowledge). It's hard to be specific or quantify this because it depends on who you are (and your skillset) and what you are looking to do.

Of course. At one point I made a LOT of money with information products.

Again - yes. I know many marketers in ALL these areas that make very good money.

Having the experience to make it is only a small part of the equation. The one thing I learned in the 10 years I played in this space (and what ultimately drove me away from it) is that in order to "make it", you really need to be someone who can think ahead.

If you want to create products you have to know what people are interested in. And then you have to know what they WILL be interested in and create more products. There's exceptions to this of course, but more often than not whatever product you create sooner or later will stop making you money. I found the whole "product launch" model is a merry-go-round and not every product you launch will make you money.

You also have to have a particular mindset. One that pushes you to continuously focus on your business. I've seen too many "one hit wonders" who have a successful product then sit back thinking all they have to do is drive a little more traffic and the sales will keep rolling in. They get sidetracked by suddenly having money.

You have to be someone who works well on their own. If you now have a regular job and your boss has to keep telling you to get to work, tell you what you have to do, etc, then working for yourself is probably not for you.

You have to have the ability to stay away from every new "shiny object" you hear about. This one thing has kept more people from succeeding online than anything else I know. Find ONE THING, learn it and focus on it.

You have to get out of your house. This whole "money in your underwear" crap sounds great when marketing a product, but it's a fantasy. You need contacts - especially if you want to have affiliates market your products. That whole "if you build it they will come" thing is also a fantasy.

If I were to pick one skill in this business to get very good at is driving traffic. Some say copy writing, but if you can't get people to see your copy then it does you no good.

There are also 2 certainties I found. Nothing is free. You need either money or you need time. If you have money you cut down the time. Be willing to spend, but do your due diligence...

And the other is if you KNOW your limitations, get yourself a business partner who has what you lack, and you have what they lack. My BEST successes in this business were with one partner. He had the creative talent. I had the technical expertise. Together we launched 3 successful products.

Ecommerce - well, I have no experience in this market but lately with all the Shopify hoopla I have been doing my own due diligence. Here's one thing I did learn. Drop-shipping. All these "guru's" pushing their $2000 ecommerce success courses all tout drop shipping as the way to go - no inventory, good margins, etc.

But what they aren't telling you is that MOST of the drop shipping is coming out of China or other far away places. Some platforms and merchant providers are now starting to shy away from the drop shipping models. Too many problems. People order something from your store but it's drop shipped from China. You pay your cost, they ship it and it takes 4 - 5 weeks to arrive. The customers are charging back at a higher rate now. Merchants HATE that. So really REALLY research that...

Anyway, you CAN be successful on line. I know quite a few millionaires who made their money on line. NONE of them work alone. NONE of them have one product. ALL of them either hire or partner with people smarter than themselves. ALL of them run their businesses AS a business - not as a hobby.

Before you ask people on a forum what you can do to make money, ask yourself what you want to do. Know what your skills are. Find a few people who are doing what you want to do and learn from them. Go to some off line marketing events. Then once you decide on a path focus on that path only. You will increase your odds of success.

The question is a bit muddled, no offense, but the responses cannot live up to your standard with the question.

Perhaps be more specific.

You have an online business when you're able to create repeat customers online.

The best way to do this is to pick up a few copywriting books and learn how to write high converting emails.

Build yourself an email list and sell products that you believe will help the people who're subscribed to your list.

As long as you know "enough" and believe in your product... that's all that matters.