Setting Up An Online Business: Things to Remember - Philippine Business, Franchise & Investment info at Mag Negosyo

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Setting Up An Online Business: Things to Remember

Posted by Valerie Tort in Business Articles,Business Tips,Money Tips on 21st June 2007 Bookmark and Share  

by Valerie Tort

online-shopping.jpgMore and more businesses are going online especially buy and sell transactions. Internet is an avenue wherein you can earn money from scratch. So why not take advantage of the global opportunity for you to introduce your products to the rest of the world at the comfort of your home?

Online business and marketing is the trend these days. Get yourself involved in the fast paced buying and selling business online. Anyone can set up their enterprise virtually without additional expense. However, do not rush your business venture. These are some tips to help you getting into setting up the business of your choice:

All an entrepreneur needs are fast and reliable Internet connection, a free personal web site with the help of multiply.com or any other blog sites, a digital camera for capturing your items to be sold, and some time to update your web site often and to answer the queries of the potential buyers.

Links are very important. It generates more traffic to web sites than the traditional search engine. Online business is like networking. Spread the word through your friends so they will check your site. Add them if you can so they will be updated with your new products and services.

accessories.jpgHave a unique domain name yet connected with the kind of business you are into so people could remember your site easily. In effect, they would likely visit it.

Online business is just like blogging. You inform everyone that you have a range of products to offer to prospective clients, how much is it, what sizes are available if it is a shoe or apparel business, and how can they place their order or reach you.

Know your clients—their wants and lifestyle. Sometimes, the reason why a business venture fails is because the products offered are irrelevant to the customers’ lifestyle. From there, you can gain an insight on what kind of product to sell. Do they love athletic shoes? Are my clients into clothes and accessories? What kind of clothes do they want? Why not have an online poll so you would know their preferences.

Consider the prices of your items in conjunction with your target market. Could they afford it? Is the price worth the quality of the product?

Inform them of how the customers could receive their purchases. Is it by cash on delivery (COD) or by courier? Is there an additional charge for the courier?

Have some giveaways for your potential clients. Giveaways may be in a form of samples, tips, free downloadable music, software, or movies. This would keep your prospective buyers in book marking and visiting your web site often.

slippers.jpgBe creative! There is nothing more pleasing to the eye than to visit an organized, functional, and eye-catching layout. But remember, check out for broken links. This is one of the awful things when shopping online. To keep your customers coming back, everything in your web site must work.

Email newsletters and other product offers. Even if your target clients do not visit your web site often, they would be updated of your new stocks and bargains.
Promote your web site by using search engine optimization. Utilizing search engine optimization would allow your site to be viewed by other people who are not in your links. This creates a particular interested group that would eventually make your site the word of the mouth.These are only some tips that could be helpful for entrepreneurs who would like to join the bandwagon of online business. But it could jumpstart your small business just as effectively.

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About Valerie Tort:

28 Responses to “Setting Up An Online Business: Things to Remember”

  1. 1
    Domain name - how to choose and get one for your business? - Philippine Business, SME, Franchise & Investment at MagNegosyo Pinged With: @1:50 pm 

    [...] see: related articles on Mag Negosyo Setting up an online business things to remember Share and Enjoy:These icons link to social bookmarking sites where readers can share and discover new web pages. [...]

  2. 2
    marfin Said: @9:06 am 

    do we need special permit or license to operate it in philippines?
    Ty.

  3. 3
    dante Said: @11:10 pm 

    ask lng po, how much do i need to prepare to start online business>?

  4. 4
    Art Gabriel Said: @2:46 pm 

    actually, nowadays its almost free to start an online business, all you have to have is products… then sign up into classifieds website like ebay and cube-ads.com. then simply post your products photos, details and dont forget your contact info… by the way in cube-ads.com your product will be posted in web based 3d interactive for FREE, worth Php50thou free services are given away…

  5. 5
    Art Gabriel Said: @2:51 pm 

    another thing, if you wish to have your own business website and want online shopping interface (e-commerce) on it, just look for web hosting providers who uses opensource softwares… they will install free e-commerce tools for your website, this free tools are easy to use and configure. you just need to read and understand :) … i recommend http://artsdigitalmedia.com for a webhosting team… offers low cost web development :)

  6. 6
    Yra Said: @10:27 am 

    if no permit is required, do we need to pay taxes for our sales or even declare it?

  7. 7
    jocelyn Said: @10:26 pm 

    ask ko lng, free p ba ung sa cube-ads and wala na po ba kailangang permit? thnx

  8. 8
    M. del Rosario Said: @9:06 pm 

    Hi ms. tort,

    i would just like to ask if you’d be willing to hold a small seminar on business in up diliman? the audience will be business students like me. this is for one of our requirements in our business policy class. we’d be very happy if you could share your knowledge with us.

  9. 9
    mcken Said: @9:23 am 

    Hi there,
    Would it be expensive to set up online business in philippines? How much would it cost to have somebody set up for me?Pls thanks.

  10. 10
    mcken Said: @11:19 am 

    Hi,
    Can you recommend somebody or services who does help setting up online busines?Pls thanks.

  11. 11
    Nara Khakurel Said: @11:59 am 

    I want to start oline business and i have products on my hand. Please support me technically.

    Thanks,

  12. 12
    erick tamayo Said: @12:40 pm 

    can you please refer me to somebody i can talk to regerding starting my own online business.please?thanks a lot and God bless.

  13. 13
    joy burgos Said: @5:18 pm 

    how can i create my own website for online business.

  14. 14
    shirley d. sultan Said: @11:04 am 

    How much would it cost to have somebody set up for me to start my online business? magkanu binabayad sa ads?Pls thanks.

  15. 15
    shirley d. sultan Said: @11:08 am 

    how can i create my own website?

  16. 16
    Neosaga Said: @11:00 am 

    i can help creating a website but i dont have any products… you can email me if you need some help neosaga2000@yahoo.com

  17. 17
    Frank Li Flores Said: @3:43 pm 

    can we ask about how did you start your online business?
    cause we need it for our report and how the multiply helps your online business?

  18. 18
    Francisco Cadorna Said: @9:31 am 

    We are starting a business and we need a partner who is wiiling to be trained and of course those who has a big dreams in life. Please email me at franz.cadorna@gmail.com
    We are also looking for franchisee.Thanks

  19. 19
    angbo Said: @4:16 am 

    where are the answers to all this questions?

  20. 20
    Tony Said: @4:49 pm 

    These are the requirements in order to have a successful on-line business.

    1. Internet Connection (Smart Bro offers unlimited internet at 999 per month, however, I would suggest, a telephone with internet at 999 pesos also, land-line and internet in one, just inquire at your local PLDT Office.

    2. At least One (1) unit of Computer, a good computer will cost you between 20,000 to 25,000 pesos.

    3. Basic Computer Knowledge, browsing, opening of e-mail accout and basic website publishing.

    4. A mobile phone or wireless landline is very important.

  21. 21
    Tony Said: @4:55 pm 

    If you want to have your own domain name and website, you can register and buy at http://www.name.com (a google company) you need a credit card to buy a domain name. Price of domain names are as follows:

    .com – $ 8.99 per year
    .net – $ 8.99 yer year
    .biz – $ 8.99 per year
    .info – $ 3.99 per year

  22. 22
    Tony Said: @4:57 pm 

    You can create free websites from the following:

    1. sites.google.com

    2. http://www.wix.com

    OR

    Buy a domain hosting at Yahoo.com at $15 per month. It is absolutely very easy to create website with yahoo site builder software.

  23. 23
    Ali Said: @1:37 pm 

    Who like to build a business in Kindom of Bahrain, or share in business. you can contact us at saudia.aa@gmail.com

  24. 24
    Carolyn Lee Said: @10:56 am 

    Hi!

    Thanks for the helpful article. I would like to seek help regarding my little business. I sew cloth diapers and baby slings and sell them online in my multiply site~ http://caroleen04.multiply.com. I know multiply is not very good for online selling so I bought my own domain (http://pinoyapplejuice.com). Still I am not yet done arranging everything because my knowledge in it is just limited. Please help me find someone that can design my website for a very limited budget and please help me market my products. Cloth diapers and baby slings are just new to the Filipinos that is why I have a hard time introducing them. Thank you and God bless you!!!!

  25. 25
    Jacqui Said: @1:50 pm 

    whoever needs help setting up a website, as long as you have the products available you can contact me via email and we could discuss the pricing for the website.
    email me at jacquitots@yahoo.com

  26. 26
    Thess Said: @1:34 pm 

    I am working in an internet cafe from 9am-12mn, and when someone needs some help in putting up their products online, I will be willing to help with all my skills,knowledge and time.

    All are welcome:>)

  27. 27
    Thess Said: @1:35 pm 

    And you can reach me at trishan92@yahoo.com

  28. 28
    hitokirihoshi Said: @3:32 pm 

    thanks for the tips.

    Hope to start mine soon!

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