Archive for September 2007

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Your Plan

Using your website goals and your budget, create a timetable or plan for your business. Where do you expect to see yourself in a year? Five years? Ten? What types of advertising will you be willing to expand to? Don't make the mistake of relying solely on Internet methods to advertise your business. You will be able to get started that way, but you probably won't be able to expand without seeking alternative advertising venues.

Keep these statistics in mind:

• As of 2005, 957 million people had Internet access, and more sign on every day.
• 96 percent of those with online access use the Internet as their first and preferred method of researching product information.
• During 2005, search engines were accessed and used nearly 5 billion times in the United States alone, an increase of 27.5 percent from 2004.
• 74 percent of those who use search engines research local information through them.

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Your Budget

Though it is true that you can start an Internet business with little or no initial investment, you should expect at some point to establish a realistic and firm budget. At the very least, plan to reinvest some of your profits in your company.

Also, having a small initial advertising budget can help get things moving faster. Once you have your website set up to take in profits, you might want to consider advertising in a few low-cost "traditional" ways to start attracting visitors. These traditional advertising methods include:

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