10 Facts & Figures About Online Business in Nigeria

Facts & Figures About Online Business: Putting up an online business may be easy or hard.

Depending upon whether you did your research well and laid down all the groundwork before you began.

You can make money out of an online business if you execute the necessary steps.

And do not miss out on some of the essentials that are needed for an online business to succeed.

See also: Top Ten Businesses You Can Start With Small Capital

 Facts & Figures About Online Business: https://dailyblogging.org

 Facts & Figures About Online Business

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 Facts & Figures About Online Business

Most hosted ecommerce shopping cart providers offer free trial periods.
Which you could use make use of to build your webstore and learn how to run it.
Find a business system that has been proven successful.
A thing that needs to be ironed out for your online business is your billing service.
While there are businesses that may bill their clients directly after a contract has been agreed upon and signed and these bills are paid for through checks that are deposited into the service providers bank account, there are some clients who require a certain online billing system for them to pay for the services they have contracted. You may need to register with a billing system like PayPal for your online business to make billing and payment easier and less of a hassle to you and your clients.

Facts & Figures About Online Business

Be interactive with the customer. Ask them about the products, offer them post sale service. Wish them on the occasions like Birthday, Marriage Anniversary, and others. Offer them discount as returning visitors.

Check the products and services offered are in demand or not in the area where the business is going to target

After 2014 Google’s algorithms changed to give priority to rich content.
Consider writing creative and write content that keeps users intrigued to ultimately sell your product without much effort.

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1. How do I start an online business if I do not have capital?

Try to find someone who trusts you and will give you their product on credit.

You can offer some guarantee in return.

Another option if you are selling products rather than a service is to set up an account with a merchant site that charges a small commission for each product sold.

Facts & Figures About Online Business

2. I am a land speculator/agent that helps to arrange for lease or purchase of properties. How can I do this online?

First you need to secure a domain name for your website. Then find a hosting service. You will want to create content for your website that is easily read and used by potential customers. If you have set prices for your services, it is best to be transparent about them. If your fees are individually based, then state that. Explain your expertise and success in the business on your “About” page. Be sure to have a “Contact” page with your information so clients can get in touch. Once your website is ready, all you have to do is market it.

3. How much does a web company charge for web design?

The price for web design ranges from free to $2500.There are too many companies that offer web design so do your homework and ask for references. Several hosting packages come with free templates for you to design your website yourself. If you need someone to help, Fiverr.com has people with pretty good skills that will create simple websites starting at $5 and will give you excellent deals for more complicated designs. You can find logo creations, SEO services, and advertising services starting at just $5.

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Facts & Figures About Online Business

4. How can I get my presence in the online market noticed?

Advertise! Whether you pay for advertising or you trade advertising with related websites and blogs, or you use free search sites, the important thing to remember is to put in the time and keep track of what works. Search out other websites and blogs with similar content and leave comments with your contact info. There are services that will do all the marketing for you for a fee, but to start out, you can do the marketing yourself. Fiverr.com will advertise your website starting at $5.

5. What can I do about the legal issues that may arise with things like copyrights?

Be aware of the copyright policies of each company you work with. Make sure to state your copyright policies on your website. Copyright Material and ideas as much as possible. When you find your information has been illegally copied and distributed take immediate action. Contact an attorney.

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6. How can you get people to trust your business or your agency?

You give more value. If people see you’re a valuable person, they will trust you and your business.

Facts & Figures About Online Business

7. How can I sell my products?

You can sell your products in numerous ways. 1. Link your website on other similar sites, and in exchange, you link their website on your pages. 2. Look for free websites like Craigslist.org, local.com, Google+, etc. 3. Use all the social media platforms: Facebook, Twitter, Instagram, Pinterest, Linkedin.com, or Google Hangouts. These sites give you a free account, then you search their site for people or business with similar interest and engage and follow those people. Be careful of the spam policies. This is free but time-consuming. 4. Pay for ads on Google, Yahoo, and Bing.

See also: Top 21 Business Activity Monitoring Tips in Nigeria

8. Is this something you can do anywhere?

Yes, you can run an online business anywhere but you may have to use other hosting sites, domain register, etc.

9. Can I market a service or knowledge of a service?

Absolutely – you can market anything online. WHO you market to will be determined by your product – some services only work for local markets (i.e. alterations for clothing), but marketing internet services (website building and management) can be national and even international.

See also: 25 Tips to Create Business Activity Code in Nigeria

Facts & Figures About Online Business

10. I am a student without capital and 24/7 internet access. What kind of online business can I start?

You can start most businesses that sell what is referred to as “digital products.” Your capital is your knowledge and the time you spend researching a market and preparing and testing your offer. Public libraries have free access to computers connected to the internet.

 Conclusion:

Never give out your money to anyone to show you how to make money.

Please be very cautious before spending a penny.

Watch out for website hosting and building services that do not handhold you through the process of building an e-commerce website.

Keep in mind that it is a business. Learn from your failures but also the success of others.
Be a willing and eager student.


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