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Four Critical Factors For Online Business Success
There is no doubt that an online business when done right is more stable than an offline business. And the world is seeing long time brick-and-mortar business closing or going bankrupt almost every day. The move to online because of Covid 19 pandemic has been at break neck speed. This is your opportunity to have online business success.
These are the 4 essentials for automatic online business success.
1. Website.
2. Payment Processor.
3. Email Service.
4. Social Accounts.
However, it is not just having these, it is knowing how to use them the right way. It is this that makes your online business success automatic.
So lets take a look at each individual factor.
How To Make Your Online Business Successful
I am often asked, "what makes an online business successful?" And I have of course, at the beginning of my online business journey asked the same question.
I got a load of different answers.
The most common was, “if you have good content on your site and you regularly update it, you are on the right track.” It is true that you need good content on your website and you do need to periodically update it. But it is not the answer.
Another was, “if you want to make quick cash without spending a lot of money, you should focus on search engine optimization or SEO.” This was really wide of the mark because SEO takes time and can take a lot of money.
Think about it.
Whatever your website is about, there are likely to be thousands of websites on the same topic. Yet only a few listings on the first page of Google. Yes it’s easy to rank on the first page of the search results for your business name but not so easy for what you do and the keyword phrases that people use to search for what you do.
The so called online business success tips that are put out online and on YouTube are not always helpful and many are just a front to try and sell you some high overpriced ‘course’ from some self-styled Guru.
There is no wonder that the online business success rate is so low. People are just not getting the right advice and help.
Some recent studies have found that over 90% of new online businesses fail inside the first 4 months.
This is a somewhat dreadful figure, isn't it?
If you have a new online business, or you are considering starting one. I guess you will want to be one of those who build long-term online success.
If you are already in business online I guess you will only be too receptive to factors that will increase you success online.
So let’s take a look.
Critical Success Factors for Online Business
There are four critical success factors for online business success. These are not simplified tips for online business success. They are proven and tested factors that simply work day after day after day.
According to Researchgate.net. The top factors found to be most critical for the success in e-commerce are:
quick responsive products/services,
organizational flexibility,
services expansion,
systems integration and
enhanced customer service.
I have found that it is really much simpler than that.
These are the 4 essential for automatic online business success.
1. Website.
2. Payment Processor.
3. Email Service.
4. Social Accounts.
However, it is not just having these it is knowing how to use them the right way.
It is this that makes your online business success automatic.
If you are serious about doing business online. Then I am happy to share this information with you freely.
Just fill in the box and I’ll send you a link.
There is no doubt that online when done right is more stable than offline business. And the world is seeing long time brick-and-mortar business closing or going bankrupt. The move to online because of the Covid 19 pandemic has been at break neck speed. This is your opportunity to have online business success..