Many startups succeed because they’ve identified a niche and have cornered that market. By discovering a service, product or feature no one else has thought of – or at least effectively pulled off – you give your company a shot at success. George Shepherd, Professor of Law at Emory University, recommends entrepreneurs “become the guru in that niche.”
The marketing blogs and websites below are juicy, well designed and easy to read. Many of them have handy newsletter subscriptions and all of them have engaging Twitter feeds. I have listed only six websites (with a few extras), because sometimes less is more. Keeping up with relevant, up-to-date industry news is essential for a well-balanced marketing professional, and even more valuable when the whole team is participating! Press the subscribe button on these digital marketing blogs and make them a vital part of your daily routine. Forward them to your colleagues, pour yourself a cup of coffee and read on.
So, where are we supposed to turn to make money the legitimate way online? This isn't just about generating passive income; this is also about finding ways and means to create an active income through the conveniences afforded to us by the internet that will not only help us with our debt obligations, but also empower us to save, invest and get really rich in the future.
Consider selling in lots. A lot is a collection of similar items that is sold in a group. For example, if you have a collection of books, magazines or similar pieces of jewelry, consider selling them all at once in a lot. You many not make as much money as you would have if you sold each item separately. However, the items will likely sell more quickly in a lot than they would individually.
Jayson DeMers is the founder and CEO of AudienceBloom, an SEO agency. He also founded Crackerize.com, a lyrics-humor website. The quote above was taken from a Search Engine Watch article by DeMers titled 5 Ways to Use Your Competitors to Gain SEO Momentum. By limiting niche and region, objective, useful articles will stand out competitively in search rankings.
Blogging is still a viable online business idea, and one with as much potential as ever. Just make sure that you start a blog on something that people actually want to read about. If that happens to be something you're passionate about that's great. But you need to understand that it's way easier to monetize a blog about organic dog food than it is to make money from a blog about obscure literary fiction.
Together, Project Olympus and CTTEC have helped students and faculty launch dozens of businesses, including Safaba, which was acquired by Amazon, Qeexo, whose touchscreen upgrade is widely deployed by Huawei, Oppo, and others, BossaNova Robotics, which is deploying shelf-scanning robots for Walmart and others, and DuoLingo, which is valued above $700M.
Another business that you can start online is real estate / properties rental services. If you are realtor, all you need to do to expand the scope of your target market is to take your real estate business online. The truth is that a larger percentage of those looking for properties to buy or rent would usually search online as against reading through real estate magazines et al. It is easier to take your real estate business online, all you need is a functioning website or even a social media platform to list your properties.
Cohen says to start with an internal content audit and add metadata for SEO. Monitor your current analytics (which type of content attracts most traffic, on what platforms?) and what’s happening on your social media to get an idea of what your target audience is interested in right now. Once you have an idea of what kind of content will do best, gather content from across your organization and integrate content curation into your overall editorial calendar. Don’t forget to measure and track the results of your curated content.
While Derek Halpern’s blog about growing an online business, Social Triggers, doesn’t have marketers as its primary target audience (that would be online business owners), nonetheless it’s a good blog for marketers to follow. Since a big part of running a successful online business is digital marketing, plenty of his posts tackle suggestions on how to do it well.
This type of consultancy is about pitching new ideas for advertising campaigns to potential or existing clients. It also involves assisting with creating effective advertising campaigns. Other tasks in this area may include providing recommendations for companies on how to deal with various audiences. For example, the best approach to get the attention of innovative and curious buyers may be significantly different than the approach you would use to get the attention of an average user.
Sara Blakely first started her Spanx brand in 1998. She was one of the first creators of women’s leggings. Her brand specializes in shapewear and also includes bras, panties, hosiery and more. She’s also the inventor of arm tights which allows women to wear their summer clothing year round. At one point, Blakely was the youngest self made female billionaire.
You can work as a virtual assistant through dedicated websites, such as Upwork or Zirtual. All kinds of skills are needed, and compensation can vary anywhere between $10 per hour to $100 or more. Obviously, the higher pay will be to people who have more technical skills, such as web building skills and marketing. But you can find work doing administrative tasks at the lower end of the pay scale.
You can also market your ebook on your own website or blog, particularly if the site gets good traffic. Still another method is affiliate marketing. You can offer to pay sites related to your ebook a percentage of the sale price – say, anywhere between 20% and 50% – for them to post an ad or linked article for your book on their site. This could enable you to market your ebook on multiple platforms for greater market exposure.
You can sell your ebooks through Amazon's Kindle program or Apple's iTunes Connect, which gives you access to a large majority of the digital-book reading market and the barriers for entry are incredibly low. You don't need to invest lots of money to make this happen, but you do need to invest lots of time, not only in writing the ebooks, but in marketing them as well.
Hey [NAME], love what you’re doing on [Insert Platform]. My name is [Your Name] and I’m the head of SEO at [Your Agency]. I noticed that you have a large following on [Platform], but I wanted to give you a heads up that you’re missing out on approximately [INSERT TRAFFIC ESTIMATE] website visitors every month. Can I send you a quick video showing you how you can capture this traffic you’re missing out on?
When one of your customers makes a purchase, you purchase the product from a third-party company (the drop shipper, usually a manufacturer or wholesaler) for a lower price. This process is as simple as forwarding the order from your customer, a process that can actually be completely automated. (Remember you don't have any risk here of buying inventory because the sale has already been made).
Unfortunately, not everyone is cut out to be an entrepreneur. Or at least, not by nature. To run a good business you have to be able to assume the proper role. If that means doing things and acting in ways that don’t come naturally, then so be it. Otherwise, you will risk failing like that 75 percent. Here are eight crucial points the pros agree are prerequisites to becoming a successful entrepreneur.
Event planning is a bit like wedding planning, just on steroids. The scope of this idea is so large that it includes everything from cheesy stag and hen do parties to sophisticated product launches. Again, the entry barriers are rather low, but a flush work portfolio and a few glowing testimonials are something you need to consider to get a good head start in this field.
More importantly, though, when you learn how to implement some of these simple marketing methods, resources, tools, and strategies, you can use them as often as you’d like, without having to pay a middle man, every time you’d like to grow your business more efficiently. You have the control to keep a careful eye on what is working well and what doesn’t.
You’ll find a lot of Smarp blog posts about bigger-picture thinking, mindset and company culture – and how those topics tie into marketing and growth. For example, this guide to fostering growth mindset may have a “how to” headline, but it’s far from a shallow tutorial. Their in-house writers are sharp, while compelling guest authors have included the likes of influencer marketing thought leader Shane Barker, Social Media Marketing World presenter Ben Beck, former Search Engine Journal lead editor Kelsey Jones and lead nurture expert Lilach Bullock.
Hi Sean! Your article is terrific! Yes it is really important to look after these points. See, a businessman must know how to roam around the net. People are all over it, visiting every blogsites, giving articles, sharing each other’s links, and commenting about each other and these all leads to having a good camaraderie among business owners! Internet indeed gives us lots of opportunities.
"The way we’ve gotten around that is to always work with somebody on a project before we start handing over significant equity stakes or large sums of money. If the trial project goes well, then talk about expanding the scope of the relationship. Sam Altman from Y-Combinator once said something to the equivalent of 'a bad hire in the first few employees can be detrimental to a startup.' I've really taken that to heart in my business."
Nicole Skuba is the founder and CEO of Blue Tree Digital, a full-service digital marketing agency that specializes in creative marketing solutions for small- to medium-sized businesses. She learned HTML in 1995 and has been involved with the digital world ever since. Her marketing strategies have helped companies increase their pay-per-click conversion rates and increase leads using SEO.
They’re curious: Entrepreneurs love finding out the answer to the question, ‘what will happen if…’ They’re experimental. Entrepreneurs love learning. They regularly read business books to advance their knowledge. So naturally, entrepreneurship appeals to them because doing allows them to learn the most in the shortest amount of time. Their curiosity allows their continued growth.
As the name of this business hints, this blog is all about the customer and their experience with your brand. If you want tips and advice on improving customer engagement, email marketing, and smart copywriting, then Customer.io needs to land on your Feedly. They do things a little differently than many of the blogs on this list, with shorter articles that provide snippets of value for you to put into action straight away.
If you're focusing on inbound techniques like SEO, social media, and content creation for a preexisting website, the good news is you don't need very much budget at all. With inbound marketing, the main focus is on creating high quality content that your audience will want to consume, which unless you're planning to outsource the work, the only investment you'll need is your time.
If my piece of content is so unique and valuable around hiking backpack recommendations, that other reputable outdoor websites are willing to link to it and build the page’s authority, then I’d have a very real opportunity to rank high in organic search for these search terms (meaning, my page will come up first when someone searches for hiking backpacks).
Owning a “real” business means you need to think about bank loans or financing, leases, maintaining inventory, business insurance, finding staff, training staff, etc. You then need to factor in finding a prime location for your business. If you don't have enough footfall then you can expect to be shutting up shop in as little as a few months. In fact, 50% of small brick-and-mortar businesses fail within their first 3 years.
Entrepreneurship is a challenging but rewarding path to take and you have highlighted some great tips here. I agree with your point that to be a successful entrepreneur you need to work smarter, not harder. I believe that working smarter is all about hiring the right team and delegating responsibility. Think about it this way. Today’s entrepreneurs are working with the ‘Millennial’ generation, those born after 1980 and before 2000. These people are digital natives who have very different ideas around what they look for in their leaders, compared to the ‘Baby Boomers’ generation. For example,‘Millennials’ look for their leaders to be strategic thinkers, inspirational and have strong interpersonal skills. Millennial’s will make up 50% of the global workforce by 2020, so entrepreneurs really need to tap into their younger employees and involve them in company decisions.
Almost every professional field requires this kind of research. Common types of data analysis include the following: regression, time series, panel data, experimental designs, factor analysis, principal component analysis, Bayesian analysis, etc. To find work as a statistical researcher, you may try the mentioned freelancer websites or simply set up your own and promote your services. Examples of the tools used to perform statistical analysis are Excel, Stata, MINITAB or Eviews.
Digiday covers all things digital marketing for big brands. We especially love their site because we get to examine how digital marketing plays out on a much larger scale. Big brands are just like us — they too need digital marketing — and reading about them is fun! This helps us examine our digital marketing strategies from a different perspective and up our game.
Do you have plenty of travel hacking tips? Know enough to teach people how to do digital marketing? Whatever that niche may be, as long as you have the skills and a strong desire to learn continually, then you can sell these solutions in the form of an information product. Informational products are one of the largest online business markets out there.
There are actually more deals out there like this than you'd believe, thanks to the fact that sellers list used textbooks for low prices on Amazon all the time, not realizing they could trade that book into Amazon for more money. For example, you might see a Biology 101 textbook that has a used price of $45 and an Amazon trade-in price of $70 – meaning you could buy it and trade it right back in for about a $25 profit.