A
successful online business isn't built overnight;
but is the result of many late nights. If
anyone says that they can teach you to make
a substantial amount of money without hard
work, realise they are talking through "a
hole in the head and are out of their trees".
After
three and a bit years doing it, here are my
TEN COMMANDMENTS setting out how to conduct
business online:
The
first:
1.
Understand that technology should help you
achieve your business and personal goals.
It is merely a tool to move you forward with
your vision: a "means to an end"
to HELP and enable you, rather than being
an end in itself, (or perhaps even be a disabler
to "untechnos" like me). So make
modern technology work to it's highest potential
for you and your business. Spend time learning
about various computer programmes and applications
(hard though it may be for the 'technically
challenged').
Then
"use it repeatedly , so you don't lose
it!" Accept that the vast majority of
www. users are not "technofreaks"
(like my associate, Bill) and have great difficulty
learning new computer procedures. Well, I
certainly do (just ask Bill)!. However, by
making a conscious effort and with discipline
and effort the habit ingrained makes it easier
and easier, as your confidence grows in leaps
and bounds.
2.
Don't take the competition for granted...and
don't "knock" them. Never ever!
Yes, even you "slick" Americans
and we "little country colonial hicks
on the other side of the world".
Accept
that no business can be the best in every
facet. The convergence of computer, media,
entertainment and communications
means the underlying structures of the computer
world will change
rapidly and soon.... or so my "technogeek"
associate, Bill (not Gates) says. The TV/computer/music
centre is not far away, I hear.
The
net is a world wide market-place, so don't
be too zenophobic
(now that's a really big word, that I tried
very hard to bring in). I think many Americans
(and New Zealanders too) think that theirs
is the only country on earth in which to trade
and the centre of the world... and we're nearly
falling off the bottom near Antarctica!
However,
we can all compete fairly ("fairly")
against the competition by transcending international
boundaries on a "global level playing
field"... whereby even the "little
guys" can take on the big corporations
around the world (except for their massive
marketing budgets, of course!).
It
may mean adjusting your marketing efforts
to take into account some cultural differences
(like my rather weird sense of humour or different
spelling - although it's the same English
language). Here in "Sleepy Hollow"
(with one of the highest unemployment rates
in the country) in little New Zealand near
the bottom of the world, we sell our various
products around the globe in response to customer
needs.
3.
Consolidate your business by focussing on
what you do best. Don't try to be "all
things" to your customer, nor try to
offer too many products.
Concentrate
on perfecting and marketing your "best
sellers" in your CORE business activities.
That is the area which which produces the
most profitable results for your organisation.
(remember the "80-20 rule" - 20%
of your activities produces 80% of your results/profit
and vice versa!). For us it's creative writing
courses.
Now
for one rather more philosophical...
4.
Honour your parents, your teachers and your
communities and
especially your family.
Family
is most precious of all and strong and stable
family units make for a strong and stable
country. Parenting, I believe is the most
noble occupation of all... and parents want
their children to be safe on line, so supervise
them closely. Teach them responsibility in
internet usage... so they don't push your
telephone bill sky high (as my dear boys do
- but then that's the price of having and
educating children - a tax on sex!). Teach
your children well (as Simon and Garfunkel
used to sing so melodiously) and wisely. Let
them learn that the net is a great
EDUCATION tool for the present and the future
and they could be earning "practical
skills on the job" and preparing for
a future technological career.
5.
Do not send spam (sending masses of unsolicited
e-mail) - under any circumstances. You are
likely to be cut off by your server. I find
it rather irritating receiving spam and simply
delete all unsolicited e-mail selling products
and services... and wouldn't you do likewise,
because it just clutters up your mailbox?
6.
Do not launch your product before the market
is ready for it. Test the market first by
doing a survey. Ask yourself: Is there a NEED
for your particular product? In what way is
it distinctive (and superior) to the competition
(world-wide, remember!)?
Have
all your systems in place to market it...
then always remember, all products have a
definite life cycle... and some are relatively
short.
7.
Take the business of internet marketing seriously.
The world online population is exploding daily
and exponentially (big word, eh... but what
does it mean?). I'm not sure how many people
are online world-wide, but think it may be
in the order of 150-200 million at present
and increasing daily. In addition, I "guess"
there are a similar number of web sites (and
many many more pages) "up there in cyberspace".
So the competition is "pretty stiff"!
As
the "cyber-revolution" gathers momentum,
imagine if everyone is online one day? Impossible
perhaps, but who knows! What will that do
for your business and you? An unlimited target
market for your PRODUCTS , if you are still
going strong by then. VERY EXCITING!
8.
Have an effective web presence. Your site
should explain immediately what the visitor
will get for their time online. If it is not
clear WHY they should stay, they'll leave
before they try to find out. Therefore make
your site as interesting and informative as
you can. I've seen many sites, where I don't
know the webmaster's objective, their purpose.
Are they purely for information, or trying
to sell something?
Make
sure your site loads quickly, because people
soon get tired of waiting in today's fast/instant
(coffee) world.
9.
Always remember MARKETING YOUR PRODUCT EFFECTIVELY
is the key to the success of your business.
If you don't get adequate
results, you'll soon be out of business...
as recurring bills in the post-box without
income to pay them soon take all the fun out
of your venture into "cyber" self-employment.
Don't
forget to use traditional methods of marketing
to promote your business, as in advertising
(radio, news-papers, brochures, and the most
effective of all, word of mouth in your local
community). The two strategies (both on-line
and off-line), I believe, work best together
in your marketing plan. I plan to do more
off-line advertising, by allocating a portion
of revenue to marketing as it comes in.
N.B:
Even
if you have the greatest product in the world,
you will never sell anything if you don't
tell people about it. It's like having a billboard
in the middle of a forest or a desert. An
example: Just because you have a phone number
in the phone book doesn't mean that a stranger
will call you. So it is absolutely vital that
you advertise effectively to bring people
to your site; because without advertising,
there will be no TRAFFIC... and without prospects
there will be NO SALES. And without sales
there will soon be no business!
and
finally and most importantly...
10.
Use the Internet to build a better world.
We are at the forefront of one of the most
innovative and far-reaching inventions in
human history. The net is the most cost-efficient,
INSTANTANEOUS, EXCITING and effective way
of marketing products and services around
the globe through modern telecommunications.
We live in one of the most exciting times
in human history; so exploit the AMAZING POWER
of the internet to reach hundreds of thousands
of people and perhaps even millions around
the world.
Use
your creative energies and imagination to
the fullest, by thinking of new ideas of how
to market your particular products. I keep
a notebook by my bedside and leave to my creative
subconscious mind just before I go to sleep.
SUMMARY:
I
believe INTERNET MARKETING is the KEY to internet
success, especially if you have a limited
marketing budget, like us. I allocate at least
two hours a day purely to internet marketing,
through submitting my articles on numerous
subjects to various ezines and publishing
resources. I find it by far the most effective
way of free advertising to get traffic (=
SALES). Always remember to have a resource
box at the end of each article, together with
your web site address.
Carefully
monitor what's working for you and what's
not on a regular basis. REVIEW YOUR STRATEGIES
REGULARLY.
FOCUS
ON WHAT ACTIONS GET THE BEST RESULTS.
Remember
Bill Gates's wise words: "There'll be
two types of business in the year 2000 : those
online... and those out of business.
A
few final words to summarise...
There
are no 'magic secrets', and there is nothing
mystical about making money online. Other
than the advertising budget, it's a level
playing field around the world and anyone,
like the self employed entrepreneur working
from home, like you and I, can compete with
the "big guys". And we have ONE
BIG ADVANTAGE: These corporations are too
unwieldy to react swiftly to changing circumstances
and markets.
So
we "one and two man bands have got the
jump on them".
With
heaps of hard work, dedication, discipline
and a little perseverance, I believe absolutely
anyone can achieve success, even taking on
the big corporations. At Eagle Productions
working in association with Bill Rosoman of
the New Zealand Enterprise Centre and Erich
Licht of Elk Publications in the US, I've
done it all on an absolutely "shoestring"
budget, lots of hard graft and heaps of pure
faith.
We
have been reasonably successful to date (the
past three years), but have great hopes of
far greater success in the future. No matter,
we are enjoying the journey in a totally new
field and are having great fun learning and
extending ourselves each day. I hope you too
take pleasure and have great success as you
travel along your very individual journey
in "cyberspace".
No
matter where you may live on this planet,
cyberspace can produce income to so many "budding
netrepreneurs". The www gives 'ordinary
people' without much capital, like you and
I a great BUSINESS OPPORTUNITY: the opportunity
of self employment by reaching out to a GLOBAL
market-place. Each one of us has a responsibility
to ourselves and our families.
It
is up to each one of us to reach out and help
many people around the world through being
innovative and original in our ideas... and
the money we earn from selling our array of
unique products can be used for many good
purposes, like perhaps even helping others
achieve their dreams. In doing that, WE WILL
BE MAKING THE MOST USE OF OUR UNIQUE ABILITIES.
If
you really BELIEVE in your product, then get
onto the playing field (or perhaps you "Yanks"
call it "the park") of cyberspace
- then as the Nike ad says,
JUST DO IT WITH EVERYTHING YOU'VE GOT!