How Can My Online Business Survive The Economic Downturn?
I ran an online business. My business was hit by the economy and I am looking for some help, any kind of advise will be great, like how to get more traffic to my website, etc.
Post Footer automatically generated by Add Post Footer Plugin for wordpress.
3 Comments
Leave A Reply
How To Make Money With A Blog
Unlimited Website Hosting For Your Moneymaking Websites/blogs
Blogging Espionage
Profitable Mini Sites
How To Become A Blog Millionaire!
You can compete on price (yours is cheaper, or shipping is free, or something like that), convenience (do NOT make people log into your website, I won’t shop at online businesses that require me to register, you only need the credit card info), service, or merchandise. You are unlikely to sell something that is unique. Even things that you make by hand are likely to be similar to other handmade stuff. Decide which one, or ones, you can compete on.
One way to get more traffic to your website is to exchange banners with other companies. You will, of course, not want to exchange banners with your direct competitors, but often related businesses can do this and it works out well for both. I know that several webcomics accept advertisers for very reasonable rates, too.
Think of yourself as a consumer, are your products necessary or do they add value directly ? Are you competitive with other businesses can you provide offers to give you a larger stock turn over to enable your brand to become more wide spread. How is your market penetration (Ie what % of people coming to your site purchase from it ?) …
Really you’ve asked a very complex question in a general way. I know people payed well over 50k per year to answer these very questions for the business paying them. Find someone who specialises in your market area and get their help but don’t hand your precious cash over to someone you haven’t checked out first or to one of those “I’ll make you $1000/hr” companies. Every business can get through its just a matter of what lengths they are willing to go to.
Good luck
There are some tips you should apply in your business. Let me tell you, Online Business or Home Based Business is growing very fast today. It is one of the easiest way to earn money fast. A home business makes you financially independent and makes you free from the 9 to 5 rat race. You can be your own boss and have more time to spend with your family and friends. But success in home business requires hard work and proper time management skills.
I saw some tips for this at: http://www.zakshow.com/2009/06/15/seven-…
Hope this will help u to grow in online business.