Online Business Essay - 1054 Words

Im sure that youve heard the saying Dont put all of your eggs in one basket when it comes to running a physical business or online business. When it comes to making money, you wont want to rely on one method to bring in the bacon or one advertising platform that is your bread and butter lol. Youll need to diversify your income streams in order to keep a healthy business running for a long time. If you have multiple income streams that are healthy, you dont have to worry about much. Im not just talking about advertising methods either, youll need multiple websites bringing in sales, not just one. This will ensure that if one of your websites starts to fall off, your other ones can bear the lower sales of the first and keep†¦show more content†¦Obviously youll need to do some market research to make sure that they item you want to sell will actually sell. Youll also need to figure out if the marketing campaign will make you go bankrupt or if it will be easy to dominate with a low investment. Ive stumbled into some niches where I was paying $0.10 per click and making a 900% ROI for a long time The worst number when it comes to running a business But there was a ceiling to the profits and I could never get them too high due to the amount of traffic I could get through PPC methods. Membership Websites When it comes to having a membership website up and running, you better know what youre talking about. If you have people signing up for your site and you know less than they do, they will instantly cancel their membership and spread reviews that youre a fraud all while they start filing a charge back on their purchase. Give your members a good amount of content, giveaways and anything else you can to keep them happy. They will be paying a membership fee and that means they will want to be treated like kings and queens lol. Become a Consultant Becoming a consultant could mean pretty much anything because you can literally pick any niche and help people out lol. Ive done some SEOShow MoreRelatedStarting a Business Online Essay1570 Words   |  7 Pagessmall business online by performing a SWOT analysis. Include 2-4 items in each category. What is a SWOT analysis? It is an evaluation of strengths and weaknesses of a business unit and identification of opportunities presented by the markets of business units and threats posed by competitors. Strength, Weakness, Opportunities and Threats is what the letters of SWOT resemble (Schneider 2001 page 32).. Inside a business are where the strengths and weaknesses are found and what each business is capableRead MoreStarting a Business Online Essay1252 Words   |  6 PagesAssignment One BUS 107 April 19, 2012 Professor â€Æ' 1. Identify the advantages and disadvantages of taking your small business online by performing a SWOT analysis 2-4 items in each category. The online business I am going to start is Earl’s Flowers Togo. We sell flowers arrangements and candies online and we have a brick and mortar store. One of our strengths is that we sell affordable high quality flower arrangements with name brand candy. We have a website that is very internet friendlyRead MoreStarting a Business Online Essay1161 Words   |  5 Pagesthe advantages and disadvantage of taking a small business online by performing a SWOT analysis. It will provide key issues that any company faces when it conducts international commerce that includes trust, culture, language, government, and infrastructure. The businesses that operate on the Web that extends a company’s reach beyond traditional boundaries. Second, it will attempt to explain the Web increases the speed and efficiency of business communications. Finally, it will look at the lawRead MoreEssay Advantages and Disadvantages Online Business3895 Words   |  16 PagesTABLE OF CONTENT 1. ORGANIZATION 2. PROBLEMS 3. AIR POLUTION 4. LEGAL AND REQUIREMENT 5. SOLUTION BASED ON THE PRINCIPLE OF PREVENTION AND CONTROL MEASURES AT WORKPROSES INTRODUCTION OF ORGANIZATION CEMENT INDUSTRIES OF MALAYSIA BERHAD Cement Industries of Malaysia Berhad (CIMA ) group of companies (CIMA Group or the Group) has been involved in the manufacturing and distribution of cement and related activities since 1975. CIMA is 100% owned by UEM Group Berhad which is a whollyRead MoreEssay about Starting a Business Online, Part 12356 Words   |  10 Pagese-Commerce, a business must look at several factors in order to determine if they are ready and able to do everything needed in order to make it successful. Companies should initially perform a SWOT analysis in order to determine if selling products online would be beneficial to the overall company. They also need to make sure they understand they will be dealing with customers all over the world and are willing to take on the work involved to know all of the legalities involved. Taking a business onlineRead MoreCreating a New Online Business: Shopping on the Go Essay examples1888 Words   |  8 Pages1.0 Executive Summary Shopping On The Go (SOTG) is a company that provide technology services that helps and improve the way we live. Nowadays, business is expanding everywhere and workload are getting heavier with less pay. People are working harder than ever in order to earn a living in the society. Doesn’t matter how hard you work, you still have to go back to your family. In today’s highly competitive environment, it is extremely hard to go to the supermarket to do grocery shopping becauseRead MoreEbay Vs Amazon Essay3033 Words   |  13 Pages Introduction Amazon and Ebay are two well-known brands of online shopping sites. They have evolved and grown from small firms to the giants of e-commerce today. In this essay, a comparison would be made between the two firms. Questioning the types of business models Amazon and Ebay’s have employed and how they have evolved over time, the driving factors of change, and finally the future outlook of each firm help distinguish the trails both firms made to become the two leaders in the market ofRead MoreShould a Computer Grade Your Essays?1499 Words   |  6 PagesGrade Your Essays? The case study discusses the April 2013 launch of Harvard/MIT’s joint venture MOOC (massively open online course) essay scoring program, utilizing AI (artificial intelligence) technology to grade educational essays and short answers, with immediate feedback and ability to revise, resubmit, and improve grades. In 2012, a group of colleagues, Les Perleman, Mark Shermis, and Ben Hamner, introduced over 16,000, K7-12 standardized school tests to the AES (automated essay scoring software)Read MoreANALYSING THE RELATIONSHIP BETWEEN STRATEGIC MANAGEMENT AND LEADERSHIP1517 Words   |  7 Pagesï » ¿ANALYSING THE RELATIONSHIP BETWEEN STRATEGIC MANAGEMENT AND LEADERSHIP The objective of this essay is to analyze the relationship between strategic management and leadership in an organization, to discuss its link as well as the impact and how leadership styles are adapted specifically in HM (Hennes and Mauritz). 1.1.1 The link between Management and Leadership Strategic management and good leadership play an important role in meeting the organization’s objective. The management is linked to processesRead MoreJust Following Orders Essay1390 Words   |  6 Pagesor Greed? Explain how ethics in business and the law are related. How are they different? What is the impact of ethical behavior on the development of social responsibility for businesses? I believe that very few times ethics in business and law are associated, ethics in business are unwritten rules for behavior on business practices and laws are written rules set by government to protect people. For instance if you violate an ethical code in business you could face humiliation, a slap