What tasks should
Online Business Owners only do?
By Alan Cheng
So what does having an online business really mean? Working
18 hours a day? Checking your email account every minute of the
day? Learning HTML, PHP etc... so that you can develop your
own website? Here are 4 major tasks which I follow for
running an online business.
1. Enjoyment
An essential part of running or starting an online business is
to enjoy it. Yes,
because once you enjoy doing something you
will not get
burned-out or do your job ineffectively.
If you are not enjoying your work then I suggest you to stop
right what you are doing now and think about what part of the
home business you do not like. You don’t need to worry about
other things for the time being. Just concentrate on doing things
you like and that are
useful.
2. The Advertisement Cycle
After ‘Enjoyment’ this is the most crucial element to the
success of your
online business. I call it The Advertisement
Cycle because it’s
never ending. It’s a repetitive task.
Advertising is what brings customers to your website. The
majority of your
profit should be placed into advertisement.
The more effective
advertising you do, then the more
customers you will
have.
Always choose the kind of advertisement that works well for
your business and concentrate on that kind of advertisement.
The last thing I want to mention about advertisement is that it
should be done non-stop. Why? Four reasons:
- why stop if the more you do it the more customers you’re
likely to have
- customers don’t buy from the first time they see your
advertisement. They’ll buy from you after seeing your ads
several times.
- Even if you are doing well in your market, you should never
stop advertising.
Look at Coke and look at McDonald’s.
Enough people know
about them but they continue to spend
loads on
advertisement. The reason? People forget about you
really quick. So you
have to stay on their minds.
- Finally take a look at William Hung. See what marketing
can do? Even if you have a product which you consider to be
below average compared to your competitors, good marketing
can change things
around.
3. Concentrate on making the right decisions You should spend
time thinking about
things that will benefit your business.
Decisions such as
where to advertise effectively, or what experts
to hire to help you
with your business, how your product should
be enhanced, how to
expand your business etc...
You’re the one who cares the most about your business so you
should be the one who makes the major decisions. Avoid tasks
such as programming/designing your website, submitting articles,
answering common
email questions etc... These time draining
tasks should be
automated or done by someone else.
Your time is better spent on developing and improving your
business.
4. Serve your customers
This important concept is sadly overlooked by most home online
home business owners. Customers are the most valuable assets
of your business and they should be treated like your best
friend.
Once a customer is happy with your service, they will buy from
you again and they’ll also refer new customers. See how a few
customers can snowball into a loyal army of responsive customers.
So now you know.
These are the 4 critical aspects a home business owner should
concentrate on. Spend your time developing and continuously
improving these areas. They should take up the majority of
your time as an owner. Leave the rest of the work to the experts
who you should
hire – for they know the job better than you.
You can just target on what makes your business grow and
profit happily from it.
Alan Cheng, is the owner of
www.onlinemoneymachine.com -
a complete membership package for home business owners
providing a money making website, essential tools, information
and products you need to sell. You can contact Alan at
alan@onlinemoneymachine.com