Tips for starting an online business from scratch for beginners

With the opportunities that exist, online business is sure to make a lot of people interested in doing it. Indeed, online business has good prospects in the future, but there are still many who do not know how to start from scratch.

Are you one of those who are interested in doing business online? Don't worry. We will give you a complete guide to starting an online business from scratch with 4 easy steps.

In this way, you can definitely start your dream online business smoothly, whatever it is online shop clothes, selling on Shopee, food business, home business, etc. Check out more information below.

Get to know your preferred skill or type of business

First and foremost, make sure you recognize your abilities. This applies if you want to do business online by offering services such as: freelance If you have good writing skills, then become a freelance writer.

This also applies when you are interested in being drop shipper or affiliate marketing. Before deciding to run the business, make sure you can do product promotions, because that is the key to business success as a product intermediary.

Another context, if you want to open online shop, Also make sure you sell products that you really like. For example, you really like food, then try opening online shop which sells food products.

Market Research and Analysis

After recognizing your own abilities, the next step is market analysis. Identify what consumers really need today. Then determine what kind of consumer groups will be the target consumers/clients of your business.

Finally, understand the advantages and disadvantages of business competitors, then take advantage of existing gaps to become your business opportunity. Let us apply this theory to an example. For example, nowadays people prefer template CV than making it.

From there, you can take advantage of it by offering services . make a CV or sell template CV. Then, you plan to aim fresh graduates as your target client. On the other hand, previously there were certainly many CV creation services or sales template CV.

Then, you analyze competitors who have good reputations and find loopholes that are relatively expensive. The solution is to offer a CV with the same quality as competitors but at a low price.

Choose a Trusted Third Party

A business will not be able to stand alone, but requires cooperation from various parties. One of the important parties to support online business is a third party such as suppliers, producers, collectors of goods/services such as websites . or marketplace

To start an online business, you must be able to map out which of the third parties is the most trusted. For example, make sure you register on the site . which has a lot of clients and has good transaction securities.

Another example, map the product that you will promote as drop shipper or affiliate marketing. Choose a business that has a good product reputation, a legitimate company, and high sales prospects. Do not carelessly market unclear products in the market.

Formulate a Business Model

The previous stage is the stage of collecting materials to be formulated into your own version of an online business model. At this stage, it's time for you to be creative and determine three things: the product/service you offer, how you make money, and a business promotion strategy.

For example, the existing data shows that community X likes jastip to buy merchandise K pop. Then you come across the idea of ​​opening jastip when you visit South Korea. Next, determine what percentage of the profit you take from the jastip business.

Also make sure to specify the payment system, whether at the beginning or at the end. Finally, you have to promote this business so that it reaches the ears of the X community. This last stage is the difficult one.

If society X is a digital user, then you can learn digital marketing, e.g. promotion of personal social media accounts. In addition to studying marketing strategies, you also need to strengthen personal branding, which is an important factor for a business.

Done, now you as a beginner already know how to easily start an online business. Meaning after this, you just have to put it into practice for your dream online business.

Running a business is not easy, but it will be fun if you want to keep learning and don't give up easily. Good luck!

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