Many people have great ideas for starting up their own business. However, many of them do not have a practical plan in place that can help them succeed financially.  

This is particularly true of online businesses. It is now so easy to start an Internet-based business that even people with no computer skills can create a store and start selling online in minutes. These sites, termed ecommerce aggregators, give access to a range of tools. Top sites include Gumroad, Shopify, and Bigcommerce.   

However, just because you can start a store so quickly, does not mean you should. It’s important to look before you leap. This is because a store and a business are two different things. It takes time and effort to build a real business. You don't want to waste any time on false steps.  

 

Let’s get started by looking at what area or niche you would like to work in. 

NICHE RESEARCH  

Choosing your niche is one of the most important decisions you make in your business. You need to pick a niche that interesting to you and is has the potential to profitable as well.  

What is a Niche?  

A niche is a particular topic or area of interest within a broad market or industry. As a relatively small business, you do not want to sell a little bit of everything like Amazon, a mega store.  

You want to sell more as a specialty store/shop, with a narrow focus such as Best Buy, Staples, or AutoZone. Online, this type of business/store is usually termed an authority site or niche business. This narrower focus enables you attract the right audience for your business, while it also increases your chance of making a profit.  

Setting Your Goals  

Another important aspect of successful niche marketing is setting your business goal from the start. How much money do you want to make? Will it be just a small bit of extra money to help pay a few bills? Is your goal to replace your day job?   

Your goal may have a strong influence on the niche you choose. For example, the pet industry brings in more than $65 billion annually in the US alone. If you love pets, this could be a chance to earn money doing something you love.   

Choose Your Niche  

When you choose your niche, pick something you are already interested in and know something about. For example, you could start from scratch with consumer electronics, which you know is always going to be a high-paying niche with high-ticket items.   

If electronics aren’t really your thing, your lack of knowledge will start to show. Your lack of passion and expertise will be obvious compared to websites, blogs, and ecommerce stores created by gadget enthusiasts.   

There are a number of basic questions to ask about the niche you are thinking of working in, and research steps you can take to confirm viable options, which meet your interest needs as well as income requirements.   

 

And Much Much More

 

Master Resell Rights License

[YES] Can sell and keep 100% of the sales

[YES] Can edit the sales letter and graphics

[YES] Can be bundled into another paid package and sell at a higher price

[YES] Can be used as a bonus to another product you are selling

[YES] Can be added into a membership site

[YES] Can pass on the Resell Rights privilege to your customers

[YES] Can pass on the Master Resell Rights privilege to your customers

[YES] Can be given away for free

[NO] Contents of the product can be edited, modified or altered

[NO] CANNOT be sold with private label rights

No Liability

Under no circumstances will the product creator, programmer or any of the distributors of this product, or any distributors, be liable to any party for any direct, indirect, punitive, special,incidental, or other consequential damages arising directly or indirectly from the use of this product This product is provided "as is" and without warranties