Showing posts with label successful. Show all posts
Showing posts with label successful. Show all posts

Saturday, 4 October 2014

Social Media Clock & Calendar

Social Media is an important part of your business, while posting, pinning or tweeting consider when you are doing it to better reach your audience.

Tuesday, 16 September 2014

GET YOUR SMALL BUSINESS FLYING WITH A FLYER

Imran Rashid Khan--



One of the most cost effective and amazing way to market your small business is with a flyer. Flyers are simply full page ads that are distributed directly to your potential customers. A flyer can positively persuade a customer to buy your product, or to use one of your services. With the right approach your small business can yield a great return on investment (ROI) from this tried and trusted marketing tool.
Flyers are most direct form of marketing, because they get straight to the point. Flyers give immediate access to what you are selling. Flyers grab attention with their colors and visuals. Anyone from doctors to web designers are using flyers to market their services, even high end businesses use flyers to promote special events. Flyers are being more and more used as a brand awareness tool. Whenever your flyer reaches somebody your business is introduced to them. They may not make a purchase then, but you will increase your brand awareness, and likelihood that you'll be considered in the future.
The question now remains, should you hire a professional or should you do it yourself? The answer depends on how artistically inclined you are. It may certainly be cheaper, but if you are not experienced in visual presentation you may forget to add important components to your flyer. On the other hand hiring a designer may be comparatively costly, but it will be more efficient. As you will not need to worry about the design choices or color schemes. Whatever the decision may be, make sure that your flyer has a creative design; it is printed on good quality paper and the design abides by theses 9 guidelines so that whatever you are offering will look impressive and be noticed.

1. COLOR

Colors instantly grab attention and communicate your message emotionally, as it affects behaviors. Use the right color to further ingrain your brand message. Below are some examples of what color represents:


RED - Energy, Excitement
GREEN - Freshness, Money, Health
BLUE - Trust, Confidence
YELLOW - Warmth, Cheerfulness
ORANGE - Fun, Optimism
PURPLE - Creativity, Luxury


Whatever colors you choose, make sure they complement each other. Visit ColourLovers  and Visually for more information on colors.


2. FONTS

Selection of a suitable font is very important for a flyer design. Ensure that you select a font which is easily readable from a distance, for example sans-serif fonts.  Font size is very important, so make it large enough for the reader to read it from at least 2 feet away. Use one font for headlines and the other one for details.





3. YOUR LOGO


Logo is part of branding your small business, so make sure it is placed strategically on your flyer. It can either be placed on the top or at the bottom corner, near your business name and address.


4. YOUR CONTENT

Make sure whatever the reason you have the flyer, be sure to spell it out and explain to the reader what is important. Get to the point straight away, but still give them enough information to get them attracted.






5. YOUR VISUALS

Include images and illustrations that convey your message with the text. Be careful as less is more; don't clutter your flyer with too many images, as it will distract the attention from your message. Choose a large image to match your content's message.



6. WHERE TO FIND YOU

If you have a shop then add the address, contact number so that you’re potential customers know where you are located and are able to find you easily. Be sure to add directions or a small map that shows your location at the bottom of the flyer near your address information.

In addition to that add your email address and your website address. Create a welcome landing page of the flyer on your website, to further explain your offerings.



7. CALL TO ACTION



Create a call to action space on your flyer to entice the customers. Make it clear and bold so that the reader will respond to the offer sooner rather than later.

Saturday, 13 September 2014

USE FLYERS TO MARKET YOUR SMALL BUSINESS

Imran Rashid Khan

Whether you're a restaurant owner, retailer, dentist or any other small business owner, promotional flyers are the most cost effective and popular way to market your small business. Flyers are a great way to get attention of your target audience. When done right, flyers can be the easiest way get your name out there and get new customers and boost sales. Flyers are used to acquire new customers, increase sales, highlight a special event or promote a new service or product. Flyers can even be used to launch a new venture.

To make your flyers standout they must be well designed and professionally printed.


Follow these 7 tips when creating your flyer to make the most of marketing your small business:

1. LESS IS MORE.

Try to keep things simple, and don't try to fit every product or service on the flyer. Try to focus on just a couple of your main services or products.

2. USE CUSTOMER TESTIMONIALS.

Add testimonials to add credibility to your small business. Highlight comments of past satisfied customers. Be sure to include their full name and photo if possible.

3. KEEP IT SIMPLE.

Keep your design simple and don't use too many colors and fonts. It will not only confuse people, but also make them lose focus on your offering. Include a photo of your product or the service you are offering. Your call to action area should be bigger and bold then the rest of the text on the flyer.

4. USE FULL COLOR.

Full color flyers stand out with compared to black & white ones. Full color ones look more professional and catch the eye easily. If full color is not in your budget, don’t use the standard white paper, use  a color paper to get your flyer stand out and bring out the message you are trying to convey.

5. AVOID PHOTO COPIES.

As flyers are your first impression on your potential customer, get your flyers printed instead of photo copying them. Photo copying your flyer will give a cheap impression and won't look professional. Get an impact for your first impression. 

6. GIVE AN INCENTIVE.

You will get a much better response by give a discount on your product or service, as people love a good discount. Even offering an extra free service on redeeming the coupon can impress them.

7. MAKE IT EASY TO FIND YOU.

Make it as easy as possible to find or contact you. Include your full address (with the nearest landmark if necessary), your telephone and cell number, email, and web address.

FINAL WORD.

Your flyer should be clear, with a call of action. It should have a coupon or a discount offer to attract customers. You should remember that your flyer will be competing with others, so make sure to engage a professional in designing and printing your small business flyer.

Start distributing them in target areas, once your flyer is ready and printed. Post your flyers on Public Bulletin Boards. Hand them out outside of targeted buildings, in Parades and other public events. You can even distribute flyers door-to-door.

Have a Successful Marketing!

Sunday, 7 September 2014

SIX MARKETING STRATEGIES FOR YOUR SMALL BUSINESS

Imran Rashid Khan

Small business owners are increasingly showing concerns about effectively marketing their businesses. Small business owners should take knowledgeable actions, which may seem small now, but will prove to be a major factor in the stability and growth of their businesses.

Here are six (6) simple tips for building a better marketing strategy for your small business, one that will put your customers first and your business second to none.


1. Develop a Marketing Budget.

Customer attraction and retention are the two most pressing concerns for small business owners. While few of them spend minimal amounts on marketing their business, majority of small business owners don’t spend any money on marketing.

Small business owners should put aside a flexible budget to tackle new marketing opportunities and ideas so as to better position their business. Consumers are increasingly researching products or services to make purchases, so return-on-investment (ROI) should be the key factor by which to measure your marketing efforts. Business which spend very less or nothing on their marketing will only hurt their bottom line. Small businesses should make smart investments in marketing so they are better positioned to attract customers now and in the future.

2. Build a Website.

A website is the essential component for any business to have an online virtual presence. It is through your business website that your current and potential customers will find you and connect with you. Whether you are building you business website now, or looking to improve the one you already have keep the following things in mind:

  •  Your business contact information (address, phone number, email, etc) should be promptly displayed on each page of your website, not just in your Contact or About Us page. Make sure that your business contact information is consistent and updated on all online business listing sites.
  • Enlist the help of a professional website designer to build a visually appealing and easy to navigate website. Your website should be SEO optimized.
  • Keep your website content current and updated so that it is relevant to those visiting your site and help in higher ranking of your site in search engine results. Update your site with promotions, offerings and introducing new products and services. Use analytical tools to find out from where your visitors are coming from, and how they are finding you. This will help you in improving the customer experience of your visitors, ensuring return visitors.


3. Make Your Website Mobile-Optimized.

Increasingly consumers are using Smartphones and tablets to search for local businesses and to shop for products and services, so ensure that your website is mobile-optimized or responsive. Ignoring this opportunity will diminish the chances for securing business from these visitors.

4. SUBSCRIBE TO LOCAL LISTINGS.

Get your business listed in the local listing, and make sure it is in the appropriate category. Make your listing accurate and complete. Ensuring that your business listing is complete and accurate plays an important role in determining whether your customers reviewing your listing can move forward with contacting you and making a purchase. Include business address, phone number, website address, email address, social media channel addresses, photos, offerings, etc. This will help your customers to get as much information as they need about your business before making a decision.

5. MANAGE TESTIMONIALS AND REVIEWS.



Before the online revolution, consumers placed their trust on word-to-mouth testimonials, same way online reviews and testimonials play an important role in driving consumers purchasing behavior. Small business owners should ensure that their customers can reach them directly through varied means. Regular monitoring should be in place of the reviews. All reviews especially the negatives one should be replied promptly in a professional way with focus to remedy the issue. After every transaction or services provided, an email should be sent to your customer asking them to leave feedback on your website or your business social media channel.

6. BUILD A SOCIAL MEDIA PRESENCE.



With the advent of online social media platforms, consumers are spending more and more time on social media not only interacting with their family and friends, but also with popular brands. Small business owners are increasingly engaging their loyal and potential customers through social media channels. Before jumping onto the bandwagon, small business owners should take in to account the following things:
  • Begin by selecting which social media platform will be more appropriate for your business. Facebook and Twitter provide strong platforms to reach your customers with offerings, promotions, and the like. These platforms also have the ability to engage in one-to-one conversations with their customers answering to feedbacks, queries, and complaints. For businesses dealing in clothing, furniture, art, and other kinds of designing Pintrest can provide a platform for sharing visually their offerings. And sites like YouTube can help businesses to post ‘how-to-do’ videos.
  • Once your business social media channel(s) have been created, share the information. Keep updating it with relevant information. Include compelling photos, videos, and other visual content so that your followers keep coming back and stay connected. Your business social media channel(s) are an extension of your online presence, respond to any inquiries, questions, and other comments promptly.


FINAL WORDS

Small business owners should measure results from their marketing initiatives. They should find out how well their marketing strategies have worked, and what else they can or should be doing. Develop a reporting mechanism that will enable you to see the impact of the marketing activities on your business. Soon you will start seeing the benefits of your business marketing activities at work – the ability of your business to retain and attract customers.

Saturday, 6 September 2014

FIVE STEPS TO HELP SMALL LOCAL BUSINESSES SUCCEED THROUGH SEO

Imran Rashid Khan

For a small business to effectively position it in search engine results is very important for their success and survival. But is it possible to influence and control search engine results?

The answer to that million dollar question is yes. There are simple yet effective ways to not only boost but to improve the visibility of your small business. You can even improve the ratings and reviews of your business through the efforts of social media. 

Take a look at the five (5) steps and the actions to be taken for small businesses to extend their outreach and influence the search engine results with positive content and coverage.

BUILD YOUR BUSINESS WEBSITE 




  • Your website is the first point of contact and the most valuable online asset, so it is essential to take steps to make it optimized and accurate so it appears high within the search results. Your business website is the home on the virtual world, from where the interaction with your business starts and ends. Your business website is the most important place for existing and potential customers to learn about your business before deciding on whether to move forward with a purchase your product or use your service.
  • Select a domain name that reflects your business and if possible its location. For example, one of the beauty salons in New York uses the domain "simplybeautifulnyc.com", which includes its business name, type, and location.
  • Your website should be built around giving its visitors a user-friendly experience, having a visually appealing colour scheme, attractive visual content and easy to use navigation.
  • Add keywords on page titles that identify your business, its services, and its location. For example, “simplybeautiful – full service beauty salon – New York.” Incorporate your business's name, address, and phone number in not only your homepage or contact page, but also in each individual webpage of your website.
  • In addition to highlighting your offerings, make sure to include as much possible information of your vicinity. For example, note what section of the town you are in, nearest important or famous landmark. This information will boost your search visibility as a local business.
  • Ensure that your business website is Mobile-Friendly.

MAKE AVAILABLE AND UPDATE YOUR BUSINESS LISTINGS ON LOCAL WEBSITES






One of the most effective ways to boost your SEO is to ensure the availability of correct information of your business in your local business listings sites. The information should be accurate, consistent, and accessible.
  • When your business is not listed or the information listed is incomplete, outdated or appears differently in different places, then there is a risk of negative impact of your business ratings in search engine results. Not only that it will make it difficult for potential customers to find your business.
  • Ensure that your business is listed in your local business listings and the business information like name, phone, and address are consistent and correct.
  • Ensure to include photos, videos, website URL, and other key information in your listing to make it more attractive and informative to your potential customers.
  • While enlisting your business make sure it is in the appropriate category.
  • If your business has multiple locations, mention each location on your website. Create separate listings of each location to boost visibility of your location and business.

ENSURE AN APPROPRIATE LINK STRATEGY


Links from your website to other related websites, and vice versa, play a vital role in optimising your business visibility in search engine results. This action helps in creating credibility of your business.

  • Use social platforms like Facebook, Twitter, and other media channels to share your website link. Encourage your friends and family to pass along the information as well.
  • Add links to your website in your emails and other stationary items.
  • Sponsor local events, or provide discounts on special /seasonal occasions. Ask your other local businesses to provide links to your business and return the favour. However make sure your linking strategy is authentic and relevant to your business. Do not spam your business URL, on websites, blog comments or forums.

ENCOURAGE AND RESPOND TO ONLINE REVIEWS.


Customers Reviews
Reviews not only help to build your business visibility in local search engine results but, also play a critical role in driving consumer’s purchasing decisions, so respond to them whether they are positive or negative.
  • Encourage the customers to leave ratings and reviews. Provide them with variety of sites to post reviews so the spread is varied. Whether it is a simple email or a call out on your website. The more positive, authentic review the better your business will appear.
  • Be proactive about responding to all types of customer reviews. If the post is positive, thank the customer for their feedback and encourage them to use your services/product again. If the post is negative, appreciate the feedback and ask the customer to get in contact with you about their concerns so you can attend to their problems.

ENGAGE ON SOCIAL MEDIA.





Social media plays a noteworthy role in local business visibility in search results. The more proactive your social media strategy, the higher likelihood your pages will attract followers and optimise your ratings within a search.
  • Engage your customers via Facebook, Google+, Twitter, Pintrest, and other popular social networks on regular basis. Begin by selecting which social media platform will be more appropriate for your business. The more you engage the more followers you will have, which in turn will make your page appear higher in searches. Use posts and updates to link to your business website to drive traffic.
  • Start a blog, which will provide a steady stream of new and relevant content for your existing and potential customers. This will not only raise your site’s SEO results but also drive traffic to your site.
  • Engage your customers with updates on new products/services, promotions, and discounts. Respond promptly and directly to questions, concerns or feedback.

In the end, pay attention to your success and adjust your approach as necessary. Keep close track of your progress, and monitor what is working, and what is not. Follow these steps and take control of your marketing strategy.













Sunday, 6 October 2013

What is in the name?

What is in the Name? - Freelance WorkTips

Planning to launch your own business? Choosing the right name for your startup business is a critical part of staring your business. It not only distinguishes your business from your competitors but, it also can make the difference between success and failure. The name you choose reflects on what your business is all about and what your potential customers will perceive of your business. Your business name will reflect your company’s values and its distinguishing characteristics.
Moreover, you need to ensure that the name you choose for your business can be registered and is also web savvy i.e. is the domain name available?
Remember there is no singly correct way to choose the right name for your startup business, but the only way your business will succeed if your products or services score well on quality. There are many examples where the business names are ordinary and simple and are doing well in the market. Similarly, there are companies with very unique and catchy names that are not doing very well. So it boils down to this that the business name does create an impression in the mind of the potential customer but , ultimately the quality of your products or services which you offer will decide the future of your startup business.
In general it is advised that the business name should be catchy, simple, and easy to spell and pronounce. Remember that in trying to be catchy and different the name shouldn't be too confusing or vague for the customers to understand or you might end up loosing the customers.

Think about what you want your company name to convey.

The business name you choose will appear on your business cards, letterheads, website, promotional materials, and everywhere else, so you should consider what you want your company name to convey. Service oriented businesses should consider a name that includes or describes what the business does so that it will be easy for their prospective customers to recognise what services the business provides.
It is very important that you think hard before selecting a name for your business because it is going to effect how your customers feel about your business. The more obscure, difficult to pronounce, or spell the harder it will be to remember.

Brainstorm to identify name possibilities.

Once you have decided on what you business name will convey, start your brainstorming sessions. In these sessions think about words that describe your products or services, the benefits of using your products/services. Think of words or phrases that will evoke the feelings you want your customers to feel when they see your business name. Use dictionary, thesauruses, and any other resource which will help you. Form a list, go through any web service and see how many have been taken already. Check www.uspto.gov if the potential business names are not already a trademark.
Once you have shortened the list check the rest of it to see how many have been registered as domain names. This step will likely cut down quite a few potential names away. Lastly, Google your potential online business name in quote to see that no competitor appears on the name you have chosen.
The moment you decide the name of your business, make sure to register it, claim your domain name, your social media identity and if required trademark your name.

While choosing the right name for your business few things to consider:

•While abstract words can be catching, like Yahoo, Google, and Amazon the more obscure a business name the harder it will be to remember and can lead to confusion and set your business back in terms of awareness. So choose a familiar name, which is easy to pronounce and remember.
Misspelled words not only can make your business name stand out but it can also help you in domain name registration. Examples of misspelled names are flickr, and tumblr. While it may be creative to misspell words it does not always work to your advantage. On the other hand misspelled words will not be easy to lookup in the search engine.
•Two Syllable or Compound words can be used by combining 2 words together to name your business. Examples of this are Facebook, Skillshare. This will not only be useful in making your business name memorable but, it can also help you in registering your domain name easily. Choose words which will not only appeal to you but will also appeal to your potential customers.
Initials like IBM and Acronyms like AT&T can be used if your business name is long and multiword phrase (an acronym is composed of the first letter of each word in a phrase), but a poorly chosen business name can result in unfavourable acronym.
•The name needs to sound good while saying aloud. Use a name that has meaning and conveys your business message/benefits.
•Avoid names that are too narrow or too literal. So don't use names which will restrict your growth in the future. For example when I started out my business in content writing many of my friends advised me to select a name which had writing or content in the business name, but I decided on "outsource2me", this way when I decide to expand & go into web designing and more I won’t need to change the name of my business.

•You can use Keywords to name you business by making use of words which directly give an idea about the business. No frills, just directly to the point.


In conclusion I would say that it is very important that you think hard before selecting a name for your business because it is going to effect how your customers feel about your business.



As always you are welcome to post your questions and comments below.

Have a great and prosperours life.
















Wednesday, 21 August 2013

Cloud Computing

It can be defined as “Computing in which access is gained through internet to data and files, or software applications which are stored on remote machines owned by somebody else”. In general terms Cloud Computing can be for anything that involves delivering hosted services over the Internet.
Cloud computing has distinct characteristics that differentiates it from hosting is that, the service is on demand; a user can have as much or as little of a service at any given time; and the service is fully managed by the provider. A good example of Cloud computing is you online email service of Yahoo!, Gmail, or Hotmail; where the vendor houses all the hardware and the software necessary to support the email service. The only thing required is an internet connection thorough which you log-in using a web browser. You can access it from anywhere as it is not physically installed on your computer.
Cloud computing is catching on very fast and it is not just a fad any more-simple reason being that the traditional computing  is very expensive and requires a variety of hardware and software to be purchased and a whole team of professionals to keep it running at client level. With cloud computing client side management of hardware and software is eliminated and it becomes the responsibility of the vendor-which means the clients only pays for what it has used, upgrades are automatic, and applications can be scaled up or down easily. With Cloud computing you just need open a browser, log-in and start using the application or update your data or files.
Cloud computing can be very beneficial for small or mid-sized businesses, as they don’t need to purchase lot of hardware and software to run their business applications and storing of data. Business can store their information in the cloud and pay only for the space utilized.

Benefits of Cloud Computing includes:

  • Cost Savings — Cloud computing can bring hardware costs down, where businesses won’t need to buy the fastest computer with the most memory, or a large hard drive. Instead, an inexpensive computer terminal including a monitor, input devices like a keyboard and mouse and just enough processing power to connect to the cloud system would be sufficient. Cloud service providers do the system maintenance thus further reducing maintenance requirements.
  • Scalability/Flexibility — Businesses will be able to start with a small operation and grow to a large operation, and then scale back if necessary. The flexibility of cloud computing allows businesses to use extra resources at peak times, enabling them to satisfy consumer demands. Cloud computing gives its subscriber’s wide access to computer applications. The will not have to buy a set of software or software licenses for every employee. Instead, the company could pay a metered fee to a cloud computing company.
  • Reliability/Mobility — Cloud service providers use multiple redundant sites which can support business continuity and disaster recovery. As systems are accessible from anywhere, workers have increased productivity.


Conclusion:

Cloud computing provides many options for the everyday computer user as well as large and small businesses. It has opened up the world of computing to a broader range of uses of resources by giving access through any internet connection.


Cloud computing is a model for enabling everywhere, convenient, on-demand network access to a shared pool of computing resources (e.g., networks, servers, storage, applications, and services). Clients would be able to access their applications and data from anywhere at any time. They could access the cloud computing system using any computer linked to the Internet. Data wouldn't be confined to a hard drive on one user's computer or even on a corporation's internal network.


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Saturday, 20 July 2013

5 Esstential Tips for Freelancers


1. Market Yourself – Network, Network.
You need to tell people who you are, what you bring, and how you could be service to them. You have to constantly market yourself for success and build a referral network.
Internet is a valuable tool for freelancers, especially if you have website. It serves as a point of contact between you and your potential clients.
You have to present yourself as to who you are and what you do and the skills and values you bring. Market your business as it is the key to a steady flow of new and repeat clients. Market on how your freelance business is better then similar business.
It’s not enough to what you know but, who you know. Use social media networks like Facebook, Twitter, and Linkedln and other online communities like freelancer.com to meet, greet, and expand your network, and get your business in front of prospective clients.
Through these networks get feedbacks to fine tune your product or service. Not only that, you can get your first break through these networks and referrals. These sites can also be used to develop and maintain relationships with clients. 

2. Get to know your competitors.
Study and research your competitors in trade journals, social sites, freelance forums, and visit their website.  Pay attention to what your competitors do. Learn from them, they may be doing something right which you can be implemented in your business. Understand that you don’t know everything and be open to new ideas and new approaches for your business success.
You need to know who all your competitors are, not just the obvious ones, but the ones who are meeting the needs of your customers with products/ services which you do not offer.
Resist the urge to compete on price. Trying to undercut every competitor is a losing race. Instead, focus on providing greater value.

3. Follow-up.
For a successful business it is very important to follow-up to maximise opportunities. Stay in touch with them long after the sale, puts you ahead of the competition. Customers will feel appreciated with a follow-up. People do business with people they KNOW, LIKE, and TRUST. A committed follow-up strategy will increase your referrals with your customers and clients. By doing a follow-up you can remind them about your product or services you are offering. Follow-up can also be an acknowledgement for using your product or services.

4. Get Organised.
To be successful in any business it is very essential to be organised especially for a freelancer as he/she is responsible for everything. You need to have a good plan and organisational skills. Take your time and plan out all necessary steps to achieve success.
Make sure your work environment is conducive to maximise productivity. Keep it neat and tidy and minimise distractions. Schedule your work hours and set a routine. Being organised will help you complete tasks within time. Have a check list or to-do-list as you complete a task heck it off your list. Schedule your time; keep a calendar of meetings and deadlines. Set up a system for your workday; effectively prioritise email correspondence by using an auto filter.

5. Stay Focused.
You are not going to start making money the moment you start your business, it takes time so stay focused in achieving your short term goals. Constantly keep doing the things necessary to be successful, because success will not come in one night. Set goals so as to measure how well is your business doing, devise a plan to reach and achieve these goals. Always be on the look out for ways in improving your business and make it stand out from the competition. Keep a positive attitude, as a good attitude is a great asset for a freelancer. Believe in yourself.

Conclusion:
Starting and running a successful business can be rewarding and challenging. There are few things more satisfying than launching and owning your own freelance business. Starting a business is not complicated, but running it successfully requires focus, discipline, perseverance, and motivation. However, success will not come over night - it requires a long-term focus and that you remain consistent in challenging environments. Be prepared to adapt, innovate, and invigorate, so that your freelance business will break-out to the next level of profitability. Remember in business the only constant is change, so adapt and prosper.

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Sunday, 4 November 2012

Your Business Plan & Commitment


To proceed further in creating your online business you need to have a plan of action or a Business Plan to achieve your goals. A business without a plan is like wandering blindly and relaying on luck. So planning is essential for starting a business. While making a Business Plan you need to answer the following questions:
  • Name of your online business.
  • Vision of your online business.
  • Who is your Target Market?
  • What will you be selling to your Target Market?
  • What makes your business different from your competition?
  • Your Marketing Strategy.
Once you have pen down the answers of the above questions, then you will need to commit to it.
I am sure that by now you must be inspired and very excited about starting your new online business, but excitement is not enough to keep going. You need commitment and commitment is a choice.
So if you want your business to be successful, then you should commit to your vision. Write down your commitment on a paper, sign it and date it. This way whenever you start loosing your inspiration and excitement you can go and read your signed commitment, to get on track again.


Action Plan
  • Pen down your Business Plan.
  • Commit to you vision.

Until the next tip, take care.


Friday, 26 October 2012

Finding Your Niche

A “Niche” is defined as a "situation or activity specially suited to a person’s interest, abilities, or nature". (American Heritage Dictionary 4th edition)
Knowing that we want to start a business is not enough; the important thing is knowing what kind of business to start.
Your online business should be something you are ‘passionate’ about, it should be something which interests you or suits you nature. Working for something you are passionate about will yield great results. If you are passionate about something your commitment towards it will be very high. Your passion should dictate your ‘niche’.
Having a specific knowledge/skill or your work experience can also be your niche. I recommend grabbing a pen and a paper and start jotting down atleast twenty things which you are passionate about or have knowledge about.
While brainstorming for new ideas for your future online business, keep in mind that a successful business is the one which is providing a product or service that others will actually buy or pay for. Satisfy the need of your target market, and your target market will keep your business profitable.
Beware that an idea may seem promising, and destined to make you rich, but the real test will only come when you actually launch your online business. So what ever the idea/niche may be, it should be researched well before investing your time and money into it.
  • Some of the questions which need to be asked:
  • How big is the niche?
  • How competitive is the niche?
  • How profitable is the niche?
Google your idea/niche (in quotes) and look for these things:
  • How many results?
  • What kind of sites are in top 10?
  • Who is your competitor?
If the results are few, then your niche may be too vague. If it is too many, then you need to zoom in on a tighter niche.
Action Steps
Gain the knowledge of your niche and what the market wants. There are so many online business ideas to choose from, so be sure to pick one that you’ll enjoy running and that will keep you motivated.
As always feel free to ask question or leave your comments below. 
Until next time take care!