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Do you want to start an online business or a new blog but don't know where to begin? There has never been a better time to put your business online and start making money. Starting an online business from scratch can seem like quite the challenge, but it’s actually easier than you might think. All you need are the right tools and tips to get started on the right path to success with your online business! You can get your idea off the ground easily and cheaply, establish a web presence, start driving traffic to your website, and generate sales with just an online presence, whether you're looking to supplement your income or completely replace it. In this video, we'll go through 9 simple steps to help you build a successful online business quickly and easily. But before we do that, please make sure you hit the like button and subscribe to this channel for more related videos. Also don’t forget to tap the notification bell. Now let’s get back into the video fully. Here are the 9 simple steps you need to take to help you build a successful and profitable online business from scratch. Step 1. Get to Know your Brand. Knowing the market you're in (or want to be in) is one of the most important aspects of running a successful online business. What are their most pressing desires and requirements? How can you find out where they spend their time online and how you can contact them? What are the appropriate words and emotional triggers to use with them? The better you understand your market, the more likely you are to reach out to them with the appropriate message and offer them the appropriate products and services. You don't have to be an expert in your market, and you can learn as you go, but it's a good idea to have a foundation of knowledge about the market you want to be in. If you have a strong desire to learn more about the market you will be entering. If you're not familiar with a market or willing to learn about it (but know it's profitable), another option is to cooperate or partner with someone who is. You could either form an alliance with them or simply pay them for their content knowledge. In either case, rather than trying to invent the wheel, you'll be better off starting with a proven, profitable niche market. If the marketplace already has a lot of competition, it's a good sign that there's profit potential. While most people would avoid a competitive market, seasoned marketers understand that they are necessary. Instead of trying to reinvent the wheel, go where the money is already. Step 2. Get Your Domain Name Registered. So you've decided on a market niche for your business. After that, you'll need to register a domain name for your new online business. On the internet, your domain name is your one-of-a-kind address. It's similar to a patent or a trademark in that it's your intellectual property. You can buy your domain name from a number of domain name registrars (companies that register domains) online. Some registrars will even give you a "free" domain if you buy a hosting package or something else. Bluehost Web Hosting is one of those companies, offering a free domain name with the purchase of a hosting account. Popular choices include SiteGround, HostGator, and LiquidWeb. While many of these are valid, double-check that the domain is registered in your name. It may be difficult, if not impossible, to switch hosting companies without losing your domain if the domain is registered in the registrar's name. This is why I usually advise you to buy your domain name from one company and your hosting account from a different company. Also, if you're outsourcing your website, make sure you buy the domain name and that it's registered in your name rather than the outsourcing company's. I've heard horror stories about people being held hostage by their webmasters who actually own the domain name of the business owner, which isn't good! NameCheap.com and GoDaddy.com are two well-known domain name registrars. There are two basic methods to registering a domain name. If you're more concerned with personal branding, you can simply use your name or a variation of it if it has already been taken. If your name is Joe Wealth, for example, you could register JoeWealth.com. If the domain name JoeWealth.com is already taken, you could use a site like JoeWealthLifeCoach.com, If you happen to be a life coach. Another popular option is to register a domain name that is descriptive of the product or service you are selling on the market. Annualcreditreport.com is a good example. It's pretty clear and obvious from the name itself exactly what that site is about. The most important thing is that your domain name is simple to say, pronounce, spell, and remember. Also, try to avoid names that are "cute and creative" and really don't explain what your business model is to the market. Step 3. Look for a Web Host. A web host is a business that will "rent" you space on its servers to host your website. Many of these companies also offer domain registration, and it's often easier to have both with the same company — though many people will buy their domain from one and host it with another. Essentially, your web host is the location where you will upload your web pages, images, videos, and other media. When evaluating a web host, features like storage capacity, uptime percentage, domain-based email, and server security should all be taken into account. When choosing a Web host, the ability to host a blog, provide response forms, marketing tools, and e-commerce tools are all important factors to consider. You'll also want to make sure that your web host offers WordPress compatibility (the most popular website CMS software) and that your site is secure (technically an SSL certificate). Another significant consideration, perhaps the most important, is convenient customer service that is available 24/7. Bluehost, GoDaddy, NameCheap, HostGator, and SiteGround are some of the most popular web hosts. Most web hosts, in general, provide the same services, features, and benefits, and they all cost around the same amount. Though I believe in supporting local businesses, this is one instance where a larger company with 24/7 support is preferable. There are no mom-and-pop hosting companies that are recommended! Step 4. Creating Your Own Website. It's not as difficult as it appears. For site creation, you have two options: • Design it yourself or hire a designer to do it for you There are at least three ways to build your own website: • Many hosting companies help in providing free website-building tools. WordPress is a well-known free blogging platform that can be used to create both websites and standalone blogs. It's a simple process, and several hosting companies have WordPress-specific installation tools. To use this software, you won't need years of study or thick user manual. To further customize your site, there are probably thousands of WordPress templates available. • Another option is to use a high-end program such as Adobe's Dreamweaver (Visit Adobe's Website), Which is capable of doing everything you require but has a high level of complexity? One of the Dreamweaver handbooks is a whopping 1000 pages long. Hiring a professional designer could be a more cost-effective option. This does not seem to be costly. Fiverr.com, UpWork.com, and Peopleperhour.com are just a few of the websites where you can find freelancers. In addition to the visual design, you'll need to take consideration about the content of your website. It's important to note that if you outsource your website design, you must have both the domain name and the hosting account; the web designer is merely designing your website. If you're not good with technology or don't have the time or inclination to learn how to create a website, you're better off hiring someone to do that for you so you can focus on other vital tasks like product development, marketing, and promotion, and other higher value activities. The important thing is to avoid letting technology hold you back from starting up and running your business. You're not in the business of becoming a professional coder; you're in the business of online marketing and selling. Step 5. Accept Online Payments. You must be able to collect payments and handle transactions directly on your website. Customers can act on impulse and receive instant gratification as a result of this. • Some of the most common solutions for accepting online payments are Paypal.com and Stripe.com among others. You might want to upgrade to a shopping cart software like: • 1ShoppingCart.com,• Infusionsoft.com, • Samcart.com. after you get a little more experienced and decide to design more advanced sales funnels, upsells, and other shopping cart experiences. Check for required features and their conditions. Starting a business can be hampered by minimum monthly bills. It's ideal to go with a skilled service provider who allows for expansion, so you can start with basic services at a reasonable cost and upgrade as your business grows. When starting a business, most people will start with a less functionality, lesser solution and then upgrade to a more sophisticated shopping cart solution as their company expands. Unless you already have a large e-commerce store with hundreds or thousands of products, you can generally avoid a more complex shopping cart solution and use as a simple payment processor to take payments online (like PayPal). Most people will initially start out by using a method such as PayPal to accept payments online, and as their business grows, they will upgrade to a more feature-rich shopping cart / check out system.