AFRICANGLOBE – What’s the single most important thing you can do to make money online, whether with a blog or some other type of business?
I wish I could tell you it’s drink a double shot of expresso or do fifty jumping jacks while singing “Yankee Doodle Dandy.”
But the secret to making money online is incredibly simple, incredibly easy and yet too many people don’t do it.
That simple thing? It is, of course, planning.
Here’s a simple, one-page worksheet you can download to jumpstart your planning.
Complete it and you’ll be well on your way to a profitable online business.
Here’s what you’re going to be planning:
Namely, who is your audience? You’re going to need to be specific. Figure out who this audience is, where they congregate, and where they already get information from.
List five other websites or blogs that could be considered potential competitors. What do they do well? Where are they lacking?
If you feel you can’t find five, keep looking. It’s vital for you to understand where you sit in the marketplace.
Now, you’ll need to figure out what topics you’ll cover, how you’ll cover them, and how often you’ll blog. The decisions you make here have to do with how much content you think you can come up with, how much you feel your audience will want, and also your own time constrains. But take the time to plan it out now and you can perfect your process later.
Once your business is live, you’ll need to pull out the stops to grow and continue to grow. Consider incentives like free giveaways and special content. Email marketing and social media are also essential ways of growing a business.
How will you make money with your site? Most successful site owners answer this in a variety of ways, so in this section, explore all the possible ways you could make money: advertising, affiliate marketing, products and consulting services.
How will you evaluated how successful you’ve been? There are a number of different benchmarks to use, and here’s where to list out the ones that are meaningful to you. Common benchmarks involve: traffic, email subscribers, and revenue.
By: Amanda McCormick