What teenager isn’t in need of a few extra bucks? If there’s an entrepreneurial and creative spirit within you waiting to be let loose, profit from it by starting your own online store.
Starting your own online store poses as a fun, unique challenge while still providing you the ability to stay within a comfort zone as you can start your business at the comfort of your home.
There are a few things to keep in mind when beginning your online business venture:
1. Get to know yourself. What are your passions? What are you good at? What projects will be able to sustain your interest for the long run? Do you have the time and drive?
Knowing yourself can help you hone in on the ways in which you can best serve future customers. And once you have a good idea of that…
2. Know your audience. Know your product/service. You will want to have a target audience and get an idea of their wants and needs. This will help you figure out what would be a profitable product or service to provide.
It would also be important to scope out competing businesses. What is in demand in their business? How can you improve on what they are doing?
Or, even better, do something that they aren’t doing altogether that you think will be profitable.
With that said, you want to ensure that you sell quality products and provide quality service to your customers.
3. Have a game plan. What are your current resources and those that you expect you will need? For example, how much money and support do you have? You will want to start saving money to finance your business.
Having a game plan also allows you to visualize the areas within your business that need your energy and focus. Set goals and deadlines for yourself and meet them to yourself keep on track.
Don’t be afraid to ask for help when you need it! Family and friends are a great resource for advice and to bounce ideas off. They could even become potential customers!
4. Execute your game plan and start your online business. To start a business online, you are going to need to register a domain name and create a website. You can use sites like WordPress.com which allows you to make a website for free. You can also consider going through sites like Etsy.com, which allows you to sell goods through their site.
Regardless of where you host your business, make sure to create an experience for your customer. Customize the site to match your product or service, and add your own flair to everything that you do; that includes the design of your website and your products. For instance, customizing can be as simple as ordering stamps to use on your packaging.
Once you have that down, have your product or service up on your site and begin advertising! Get the word out on your new business by word of mouth and use social media sites, such as Facebook, Twitter, Instagram and Pinterest to advertise. You can also opt to have professional ads once your business gets booming.
With a little hard work, your online store will be up and running in no time and you will be on your way to becoming a successful entrepreneur.
About the author:
Marcela De Vivo is a freelance writer, online marketing professional, and the founder of her own online business, Gryffin Media. She has helped countless businesses, from large companies to small startups, expand their online visibility. Starting as a teenager can be a wonderful experience, and she would recommend it to all up-and-coming entrepreneurs!