Starting an online business can be an exciting and rewarding venture, but it’s important to make sure you have all the necessary foundations in place before launching. Here are the basic building blocks you’ll need to get your online business off the ground:
A clear concept and business plan: Before you start building your online business, it’s important to have a clear idea of what your business will be and how it will operate. This includes identifying your target market, defining your products or services, and outlining your marketing and sales strategies.
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A professional website: Your website is often the first point of contact between your business and potential customers, so it’s important to make a good impression. Invest in a professional-grade website that is easy to navigate and showcases your products or services in the best light.
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A landing page (one-page website): You will need a ‘landing page’ to present what you are offering, and how the user can get it, i.e. by subscribing to your newsletter, etc. You can use a simple web-page builder like Convertri to create this.
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A reliable e-commerce platform: If you plan to sell products or services online, you’ll need a platform to handle transactions and manage your inventory. Popular options include Shopify, WooCommerce, and Magento.
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An email autoresponder: This is required to collect subscriber email addresses and to provide value, freebies and advise of any promotions or new products. Aweber is a really simple one that I use.
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Payment processing capabilities: In order to accept payments online, you’ll need to set up a payment processing system. This can be as simple as linking a PayPal account to your website, or you may need to look into more advanced options like Stripe or Square.
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Marketing and social media presence: In order to reach potential customers, you’ll need to have a strong presence on social media platforms like Facebook, Instagram, and Twitter, as well as a well-thought-out marketing plan. This might include email marketing, content marketing, or paid advertising. Remember, you can have a fantastic product – but without any marketing, it is like selling water in a desert.
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A plan for fulfillment: If you are selling physical products, you will need to have a plan in place for how you will handle fulfillment (e.g., storage, shipping, etc.).
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Customer service and support: Providing excellent customer service is crucial for any business, and this is especially true for online businesses. Be sure to have a system in place for handling customer inquiries, complaints, and feedback.
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By building a solid foundation with these basic building blocks, you’ll be well on your way to launching a successful online business.
So if you’re looking for expert and detailed guidance on how to properly start an online business, then I would highly recommend the Modern Wealthy training below. It’s the same training that helped me build my six-figure business today:

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