An online business can give you a good additional income or it can even replace your income. To sell digital products can become a very profitable business since the cost of the products are so low and you can sell it over and over.
The first thing that you need to start building your online business is a good name for your business. It should be a catchy name that will attract people’s attention. If it can give them an indication of what your offer is, it is all the better. It will then attract only those that have an interest in what you are selling.
In 1993 my wife and I started our own computer business in a small town in South Africa. My name is Matt and my wife’s name is Martha, so we chose to name the business M&M Computers. It worked well because most people knew our names, and everyone could see that we sell computers.
That was way before the internet was available but as soon as the internet became available, my customers started to ask me to help them build websites for their businesses. Today the most popular online businesses are edutainment businesses that offer training or entertainment for their customers.
Registering Your Domain Name
Now that you have chosen your name, you should check to see if the domain name is still available. You can use this link to check.
Look to see if the .com version is available and if it is not, then look for the .co version for your country. You may also use the .online version now if the others have already been taken. Just beware of the copyright law. It is always better to have a unique domain name that nobody else is using.
Once you have registered your domain name, you need some hosting for it as well. Normally people buy hosting from the same place where they get their domain name, but I have recently found a much better way to get hosting.
You have two options.
Getting Hosting for Your Website
The first option is where they offer free hosting for your website, and they even supply you with a membership site as well. They have several other tools included in their offer, but to make full use of it, you will have to upgrade later.
This toolkit is called Groove Digital and it is free to start using it for the first 30 days. If you do not upgrade, you can still use it, but you will lose some of the functions but keep the membership site.
For most beginners it is all that you need and once you start to make sales, you can always upgrade.
The second option is called HostThenProfit, and it is a paid option, but you get a lot at a low price. Now they also have a 50% discount offer.
What is included:
- Hosting for four domains
- Autoresponder Pro
- Easy Video Producer
- GVO Conference
- Prospecting System
- GVO Academy
Why is this such a good deal? Not only will it cost you $484 each month if you buy all these tools separately, but it is a set of tools that you must have to market your online business effectively and successfully.
- You must have hosting for your website and as your business grows, you will need more domains.
- You need an autoresponder to send emails automatically to your prospects and customers.
- You should create videos to attract people to your business that you can post on your social media. Most people prefer videos rather than having to read an article.
- The fastest way to build trust with your audience is to have live workshops and you need a conference facility for that purpose.
- You will use the prospecting system to sign up your new prospects for your business and with it you can create opt-in or lead capture pages where your new subscribers can sign up.
- Their training at GVO Academy is top notch and you will soon be on your way to building lists like a pro. Building a list of prospects will allow you to build a relationship with your audience and then promote them.
Your buyers list will be your most valuable asset to your business. You can keep on promoting to them and they will keep on buying from you.
You should have several products that you can sell and one of the easiest ways to get there is to sell other people’s products while you work on your own products.
Both options that I have described above are suitable to sell. You can become a free member of Groove and you will also become an affiliate for them. When you promote them and your friends upgrade, you will earn a commission.
When you become a member of HostThenProfit, you also get three products that you can sell as an affiliate and earn even more commission.
We also have a membership with paid levels that you can promote as an affiliate. You can join as a free member, and you will get access to our training to build your online business step-by-step. As a free member you can also register as an affiliate and promote two of our paid memberships.
The Silver Membership gives you access to our Course Creators training where you can create your own training courses.
The Gold Membership gives you access to our Marketing training that will help you to market your products effectively.
I hope that you have found this information valuable. Thank you for your time and I hope that I will hear from you soon.
While you are working on your own products, you can promote this easy to sell program and earn commission. Just follow the link below to see how it works at the 7-Figure Launch System.
(There are affiliate links above, and I might earn a commission if you buy something.)