Some handy TIPS to run your Small Online Business
Planning to start something online but no clue how to and where to kick off ? Aim of this piece of writing is to provide you a fair perspective of starting and successfully run an online small size business.
Action: The most important thing is to just get it started and do not get caught up in details which might be important but do not require on initial stages. For examples dealing with paperwork, business cards, etc. Remember that it is your online business so you should save the time, paper and resources on these miscellaneous items. Communication s and further information about your online business should be shared via emails, Skype and URL instead of going personally to meet your potential targeted clients. Registering a business entity is the other caught up. It’s better to start your business in your name with minimal paperwork and cost.
Invest in Developing Marketing Skills: Whatever type of business you are operating; your prime focus should be in developing marketing skills in-case you already don’t possess. There are flocks of people who’ve done same business but in different part of world. Often they have written their experiences and what they have done to succeed in respective fields. All you need to do is learn by Benchmarking those success stories and if they align with your requirements than even don’t be afraid to try their products. Target the untargeted group.
Ask for Assistance:If you are an introverted personality than you might be shy about asking for assistance. Do not allow your this trait to become a barrier to your success. Ask for propitiate people to provide your assistance in required domains.
Participate in The Community: Whatever forte you are in there is a community. For example if you are selling on eBay, there are lots of forums available to help those people out who are in need. Participate in those kind of community activities to get the benefits.
Do not allow your Customers to forget you: Customer Relation Management should be the core of your business, especially when you are a Start-up and in growing period. Build a strong customer base and develop innovative ways to inform past customers about hot deals, latest products and keep them posted with updates about your online business. Your selected eCommerce solution might have provisions for incorporating various CRM solutions , which will enable you to start various campaigns. Develop a strong communication between your online business and customers. Pamper them often to generate steady sales.
Build Robust Backend Operations: Backend operations are the backbone of your online business. Often eCommerce solutions provide a dashboard for analysing backend operations. Normally these back ends are equipped with Inventory Management, Credit card processing, Orders in queue and some.
Samir Feroze is the founder of VeriQual Ltd, a software services company specialising in RoR, PHP, Android and iOS. He has also founded Yello.PK which is the largest user-generated content driven website in Pakistan. His interests include advising start-ups on technology, Location based applications, financing early stage ventures and outsourcing. In his spare time he likes to work on rotary engines.