How to Start an Internet Business

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Image of a man typing on a computer

Online Business Overview:

A typical day may start checking your email for placed orders or comments that need to be addressed.

You may need to get in contact with your shippers to send out orders, or you may need to update and add to your website content, develop a new marketing strategy, check your analytics, etc.

Considerations:

There are a few things to consider before you start. First, decide what style of website you want to start. Some online businesses only provide content, such as videos, articles, or games. Other sites sell goods, either their own or others products on a commission basis.

If you do decide to sell your own physical goods you may want to consider whether to store your own goods or to hire a warehousing outfit.

You may also want to consider selling advertisements on your website, whether that is passive advertising like Google Ads, active advertising, or a combination of both. Finally, you may want to consider meeting with an Internet marketer to help get you started and teach you ways to organize your site and create content to get traffic.

Skill Set:
  • Marketing, advertising, networking, sales
  • Social Media Marketing
  • Creating and maintaining websites
  • Creating and maintaining an e-commerce site
  • Shipping and receiving (digital as well as other products)
  • Ordering products (including drop-shipping services)
  • Internet marketing
  • Knowing product trends
  • List of Common Business Skills
Employee & Job Consideration During The Start-Up Phase Or In The Future:

Common Staff Positions Needed To Run Some Businesses

Approximate Daily Hours Needed:

A website runs 24 hours a day, letting you set your own hours. You will want to be sure that you spend enough time updating your business though, making sure that all the pages are up to date and that all of your customers are satisfied with their orders and any question that they might have are answered quickly.

Equipment, Supplies, & Services During Start-up OR In The Future:
  • High-Quality Computer
  • Printer
  • Fax
  • Cell phone or Skype (Internet) phone
  • Backup hard drive(s) and software
  • Scanner
  • Digital scale for shipping that works with computer
  • Digital camera
  • Leased dedicated server
  • Shipping/packaging materials
  • Postal scales, boxes, tubes, and tape
  • List of Essential office Equipment
Monthly Expenses To Consider:
  • Pay Per Click Advertising
  • Banner Advertising
  • SEO Services
  • Email Marketing Costs
  • Copywriting costs
  • Content writers
  • Editing cost
  • Shipping services
  • Postal supplies, including stamps
  • Packaging
  • Web hosting
  • E-commerce provider expense
  • List of Common Monthly Expenses
Licenses:

See Our Page on Licenses and Permits

Approximate Minimum Startup Cost:

All that you need to start is a computer, an Internet connection, and a domain name/website. You can find websites that will let you set up for free. Depending on your business model you may also need inventory to sell or at least a partnership with a manufacturer.

Pros and Cons:

The Pros:

  • You can start on a part-time basis
  • You have the advantage of being your own boss
  • Your hours are your own
  • You can learn at your own pace
  • You can work alone
  • You may be able to put most things on autopilot
  • There is room for expansion, with many opportunities depending on your niche and product line

The Cons:

  • It can take a lot of time and work before you see profits
  • It may require more hours to run successfully than you imagine
  • There are really no days off
  • The mail or drop-shippers can be delayed which can cause complaints
  • There are many fraudulent affiliate companies
  • You may not make much of a profit if shipping costs and/or services outweigh the cost of the product
  • There is a lot of competition
  • Acquiring quality traffic to your website takes time and money
Online Businesses Startup Ideas:

20 Types of Online Businesses You Can Start Today – Marketing Solved

The Types of Internet-Based Businesses That Always Sell | HuffPost

Easy-to-Start Online Business Ideas

27 “Easy to Start” Online Business Ideas for 2018 – WebsiteSetup.org

10 Legitimate Online Business Opportunities