5 Simple Steps That Helped Me Build A Successful Online Business From Scratch

Maybe you are a student who’s surfing the internet to start an online business to get financial freedom.

Maybe you are tired of your boring 9 to 5 job and want to start an online business that makes money and gets you away from the rat race.

Then you’re at the right place.

All you need is a laptop, an internet connection, and the confidence to be different from the crowd and hustle for your success.

Let’s dive into it.

These are the steps that helped me to convert my online business into a profitable money-making machine and will help you too.

Step 1- Choose Your Online Business Idea

Step 2- Start a Website i.e Home to your Online Business

Step 3- Create Engaging Content

Step 4- Get Traffic To Your Website

Step 5- Monetizing your Site and Make Lucrative Money Online

Now, I will guide you through all these steps so that you can easily start making money from home.

Step 1- Choose Your Desirable Business?Idea

Before starting to work on any opportunity, you must check the online business options available for you.

And check the most profitable option for you.

Below are some of the best online business options available with good money-making potential.

Blogging

Blogging is one of the most widely popular and best online businesses to make money.

I first started blogging as a student with only a mobile phone, didn’t know anything about it and after continued hard work and practice, now this blog is generating good dollars for me.

You can write helpful content for your readers and once you start getting good traffic, you can easily monetize it with Google Adsense or affiliate marketing.

Learn more on how to start a successful blog in less than 15 minutes only.

Affiliate Marketing

It is a process in which you promote the products and services of a merchant by sharing them with your audience and you receive a fixed commission on every sale generated through your unique affiliate id or link.

This infographic shows the whole affiliate marketing process.

There’s a huge success rate in the affiliate marketing business and the odds of you losing something are relatively low as no big investment is required.

This was my first payment through affiliate marketing on my blog and after that, I never looked back.

You need to work harder until you earn your first income from your business.?

After that, money itself will motivate you.

Some affiliate marketers are even earning six-figure incomes from this.

You can also easily promote your affiliate links with help of a blog, social media platforms, and more.

Dropshipping

Dropshipping is a traditional eCommerce in which you sell the products to the customers but no need to maintain a warehouse full of stock.?

You only need is an online store and market the products to get orders online.

Once you get the orders of the goods, the seller ships them to the customer on their own and you earn a commission on sales generated.

Online Consulting

There’s a huge need for consultants in every area of business. So, online consulting could help you a long way to make a stable income.

For starting a profitable consulting business, you need to be an expert in a specific niche, and this way you can get high-value clients and even charge thousands of dollars from them.

You can start a consulting business in different areas like fitness consultant, digital marketing consultants, finance-related, and more.

Youtube Channel

Youtube is the most rapidly growing video platform in the world. So, you can start a youtube channel for a specific niche and create videos.

You can easily earn money from Youtube using youtube ads.

Recommended Read-

Best Online Business Ideas For Beginners

Step 2- Start A?Website

In a traditional business, you need a place for your business where users could come and purchase your products.

Similarly, an online business also requires a place where your customers can come and purchase your products making you money.

But you don’t need lakhs of money to get yourself a place.

You can easily buy space on the web i.e hosting and a domain name with only a few dollars.

Many affordable hosting options are available like Bluehost and Hostinger starting at only Rs 149 per month.

Step 3- Create Engaging?Content

You would’ve heard that Content Is King. And it holds true even now.

If your content is not good, no matter, how many strategies you build, you won’t be able to scale your business career and convert it into a profitable venture.

Writing great copy is very important for any kind of business as this is how you can gain users' trust and further sell your products to them.

Below are the best strategies that will help you to create engaging content for your business.

• Firstly find out your target audience and see what problems they face, what they often search about on the Internet, and what are their interests. This will help you to find tons of topic ideas for creating content.
• After you find the best-suited content ideas for your business, it’s important to create content that is accurate, actionable, and helpful for your readers.
• Use visuals and infographics to make it more engaging.
• Make content in such a way that it helps your users solve their problems.
• To make your copy more impactful, use storytelling tactics, give examples, and use clear CTA’s (call to action) in between.

Step 4- Get Traffic To Your?Website

Once your website is up with lots of useful content on it and you see that there’s no traffic coming.

Don’t be sad and sit back.

There’s a lot of useful content already available on the Internet. So, you need to get your content in front of the eyes of your potential readers.

There are many ways and channels that I use to get lots of traffic to your website.

• Google is still the biggest source of traffic for websites. So, to get traffic from Google, you should work on your website SEO (search engine optimization) to get higher rankings on search results.
• Ranking on search engines takes time. You can use social media to get initial traffic to your site. You can easily start promoting your site on Facebook, LinkedIn, Pinterest, and Twitter for free and share exciting content to get traffic to your website.
• You can also use Q&A websites like Quora to get referral traffic. Answering questions related to your niche on Quora and linking to your content or products within it could help generate significant traffic from Quora.
• This method to get additional traffic is very easy. You can repost your website content on Medium with over 60 million active monthly users to get more eyeballs. ( you can post word-to-word same content on Medium from your blog)
• Like posting on Medium, you can also repost your website content on LinkedIn articles which are getting very popular these days.
• You can also use paid media channels like Google PPC ads and social media ads to pace up your marketing process and get instant traffic to your website which you can convert easily with your great content copy.

Pro Tip- It’s very unlikely that a user will buy from you on their first visit to your website. So, always focus on building regular relationships with your audience by getting them on your newsletter.

You can easily capture your audience's emails by giving them something in return for their email id like free ebooks, guides, free trials, premium access, etc.

Step 5- Making Money From Your?Business

This is the last important step for which you have performed all the earlier actions.

Converting your visitors to buyers is essential for your business’s success.

You can make money using many ways like-

• Affiliate Marketing
• Selling Your Products
• Selling Ebooks and Courses
• Selling Advertising Space Or Google Adsense
• Sponsorships
• Offering Services like Consulting.

If you will follow all my steps outlined above, I guarantee you the results.

Hence, making money from your online business is not difficult as long as you are ready to hustle.

Don’t Overthink, take that first difficult step and start your online business now and you will learn everything ahead in the process.

Which online business are you going to start? Let me know in the comments.