Together, we're also going to begin
building our very own fictitious "Virtual E-Store".
And it's not only going to be just any
e-store - but an e-store that kicks butt!
I know you'll find the whole process not
only ultra-informative, but it's going to be a lot of fun too... you'll
see ;-)
In each of the remaining lessons in this 12
part course, we're going to continue constructing our "virtual store" -
building on strategies and techniques we learned in previous
lessons. Once you've completed all 12 lessons you'll know exactly
what you need to do - and how to do it - to build your own site
that continuously MAKES THE SALE!
Just as I shared with you in Lesson 1 the exact strategies I
personally used many years ago to build my first "Online Pet Shop" into
a $60,000 a year money maker, you too will know how to implement you're
very own "Profit Nuggets" into your own website.
In my humble opinion, learning by example
is a far better teaching method than simply telling someone how to do
something. So, by building our "virtual e-store" together, you're
going to get a "front row seat" so I can demonstrate exactly how you
should begin setting up your own website. Best of all - unlike
most of the other sites online... your site will be a SITE THAT
SELLS!
So let's jump right in and get
started. We've got a site to build ;-)
A few
things we need to consider before we start our site construction...
-
What are we going to call our
"fictitious" e-store?
-
What products and services are we
going to offer?
-
How are we going to get traffic to
our store?
-
Who is our target market?
-
How will folks find us - or even
know we exist?
-
How many different income streams
can we produce from this one site?
I like to refer to this first step as our "Game
Plan". Every business needs a game plan before they should
ever begin to build.
You've heard the term "If you build it they
will come!" DON'T BELIEVE IT! You need a specific game plan
in order to generate traffic to a new website (especially when your
budget is very limited) and more importantly...
You need to know what
you plan to do with the traffic once it begins to arrive at your
storefront.
Just like any good recipe, you already have
the basic ingredients you need to build your site from our previous
lesson...
In lesson
1, we learned:
-
We need a domain name
-
A web builder software program
-
A shopping cart
-
An affiliate program
-
An autoresponder system to follow up
with our web traffic, and...
-
A reliable drop shipping company to
supply us with quality products for "BACKEND" Sales.
Now it's time to start adding our "Special Herbs And Spices" to make
our website recipe hot, spicy and full of flavor! A dish you just
can get enough of!
Building Our Virtual E-Store From The Ground Up
First and foremost, it's imperative to your
success to remember that building your customer list and establishing
a relationship with them is your primary focus!
That's
it! End of story! BUILD YOUR LIST!
Your customers are the foundation of your
business... and a solid foundation is KEY! Just like when
building a house, if you don't have a solid foundation it'll collapse
faster than a straw house in a hurricane without the proper- solid
foundation. That's why it's extremely important to be sure to
start building a solid foundation (your customer list) and plan and
then expand on that foundation.
Okay... let's move on...
Before we can begin building our "virtual
e-store" we have to decide who are customer will be - in other words...
who we'd like to target. In my opinion, there are three key
ingredients I always consider before deciding upon a target or
niche'.
What are the
three KEY ingredients I always look for?
-
An easily targeted "laser tight" market
-
Interesting content to write about in
the marketplace
-
Products readily available to generate
both front and backend sales
Okay... So now it's time I take the reigns
and make our first decision about our "Virtual E-store"... After all...
this is my course ;-)
Since one of my favorite pastimes is cooking,
I'd like to build our e-store around this subject. So, let's take
a few minutes and see if we can't look at the three key ingredients as
they pertain to a "cooking theme" for our site...
1 An
Easily Targeted "Laser Tight" Market
Obviously... WAY TO MUCH
COMPETITION online for a website only focused on cooking in general.
We could throw that thought right out the
window....
But luckily we don't have to dismiss the
idea all together...
What we can do is break down the
subject of cooking into a more laser targeted "pinpoint focused"
niche'. This way, we would still be able to capitalize on
the market.
So let's see if we can't get a little
tighter focus and dig deeper into this niche'...
How about cooking... but more
specifically targeted to a specific gender?
The male "cooking" population would
definitely be an easier "LESS COMPETITIVE" market to target than the
female market... Wouldn't you agree?
But I'm only assuming - I didn't actually
look into it.
And there are a lot of Chefs who are males
- even more than women...
But I think that there are probably more
women cooking the "family meals" than there are men. Should we
just specifically focus on the men online who like to cook for
their families?
Good thought... we'll keep that in mind!
Now I think we're starting to get somewhere!
But I still think we need to get more
specific. We want a "pinpoint" targeted site!
Why? Why do we have to be so "Laser"
targeted?
Ahhh.. patience my astute student!
Once we've completed this entire course,
you'll completely understand the need to tightly define our market ;-)
For now - Let's keep digging...
What about the diet craze? How about
desserts? What about fried foods or baked dishes as a main
focus? We could consider just offering "Southern" cooking ideas
or ethnic dishes. We could focus on just appetizers, snacks, or
finger foods.
What about cakes, pies, or sweets in
general...
Our options are really limitless!
And it's all part of the brainstorming
process - trying to define a laser tight niche'...
Here's a thought...
I recently made up my mind to lose some
weight so that's something that really interests me right now.
Perhaps we could run with something focused on weight loss...
Can we focus on low-carb meals for men?
We could... but I think there's still way
to much competition online for "weight loss" in general... albeit man
or woman...
But let's see if we can't run with the
"weight loss" theme since there's a huge demand online for "low carb"
meals right now (and I am personally interested in the subject)
We need to keep brainstorming and continue
to dig further...
We really need to find an ULTRA RESOURCEFUL
extremely laser targeted niche...
Wait a minute... I have got a great
idea!
You know what I really enjoy more than
anything else when it comes to a good meal?
I love it when my wife and I have some time
alone and we plan a nice romantic dinner together (NO KIDS!) and turn
off the lights, light a few candles, and just talk over a good bottle
of wine and a nice delicious meal!
I especially enjoy cooking those types of
meals for her!
NOW THAT'S LIVING!
The only problem for me lately has been
trying to cook up a nice romantic meal and still watch how many
calories and carbs I'm eating. (I think I just love food TOO MUCH!)
Perhaps there's a way we could focus our
site around some of those topics!
By Golly... I think we're getting close...
Okay... so what do we have so far?
First, we're going with a cooking theme.
Second, we're going to focus the cooking
around "everyday folks" who REALLY like to cook - almost as a
hobby of sorts.
Third, we'll try to keep in mind the
"healthy conscious" aspect of cooking since so many folks are watching
their weight and eating healthy.
Fourth, ROMANCE! If we could come up
with a game plan to focus our cooking website around all those things,
I think we'll definitely have a winner!
Remember the three areas of interest (KEY
INGREDIENTS) that we want to make sure we incorporate?
Let's review...
What are the three KEY ingredients?
-
A "laser targeted" market
-
Interesting content to write about in
this marketplace
-
Products readily available to generate
both front and backend sales
Excellent! You're a brain-child!
Do you think we could laser target a niche'
in the cooking category, focused on folks who like to cook as a hobby,
who want to eat healthier, and (my favorite) are looking to spice up
the romance in their lives?
Guess what... I think we'll hit a HOMERUN!
I think we've definitely found our laser
tight niche'. Now let's look into our second Key
Ingredient...
2 Interesting
Content To Write About
What could be more interesting than "good
food" and increased romance, all while maintaining a healthier
lifestyle? Plus, as I mentioned earlier, I don't think we'll have
much competition on that topic... do you?
You see... because we took our time and had
our thinking cap on before we ever began to build and plan our site
(our game plan), we can now design a site that's not only informative
but also entertaining - focused around a "hot", interesting, "PINPOINT
targeted market!
You always have to keep one very important
aspect of Internet marketing in your mind at all times. We
discussed this in Lesson 1 briefly as well.
The Internet is the Information Highway!
It always has been... and always will be!
Never lose sight of the fact that folks are
searching for information online. Therefore, when considering a
theme for your website, you'll always want to keep in mind the fact
that your site will not "PRIMARILY" be providing products for sale, but
more importantly... HIGH
QUALITY, INTERESTING CONTENT! Sales will then come naturally!
Like I said, I like the topic of
cooking. Therefore I know I'll find working on a website
related to cooking both fun and relatively easy to maintain and keep
updated with fresh content.
I also like to consider myself a "romantic"
(although my wife may disagree!)
Add to that the fact that I'm also trying
to live a healthier lifestyle... and I think we've found the
perfect combination!
We will want to plan our site around a lot
of valuable, interesting, informative, free content to attract
visitors, so this second ingredient is very important (and we'll talk
about this in more detail in later lessons as well).
Just remember this...
On the Internet - Content
Is King!
So, regarding our SECOND KEY INGREDIENT
when considering our website theme with respect to "Interesting
Content To Write About", I think we've passed the test!
Two Ingredients Down... One To Go!
If we pass the third test, I think we'll
have a winner!
Speaking of content - My site http://www.makemoney-1.com
releases 250 Private Label Articles on 8 different topics each month -
and the membership fee is only $29.95 per month!
3 Products To Generate
Both Front And Backend Sales
Well, I think we could find plenty of
cookware, flatware, perhaps custom initialed chef aprons, novelty chefs
hats, dinnerware, glassware, small appliances. You name it - I'm
sure we could get it!
PLUS - and here's a goldmine!...
We could eventually even add some
"romantic" gifts when sales really start to take off - like chocolates,
fine wines, even roses and such that we can offer via an affiliate
program like 1-800-flowers!
Yes... BRILLIANT I KNOW!
We'll definitely find ways to create
multiple streams of income from this little gem of a site - GUARANTEED!
It's important to remember that the
actual products you'll be offering your customers is your last concern
when starting out!
I know that may sound crazy to you, but
it's very true. Pick a laser tight theme, make sure you could
offer good interesting content, help your visitors solve their problems
and strive toward strengthening their lives in some way!
Your last step - your least concern
at first - should be finding products to offer for sale.
Sound crazy? Well, I think you'll
change your opinion once we're done building our "virtual e-store"!
On a side note: I
also have a few GREAT ideas for additional income streams (BIG MONEY
MAKERS) for our site... but we'll have to wait on those for future
lessons. I don't want us to get too far ahead of ourselves just
yet...
So, we've got a highly targeted market to
tap into...
We're convinced we could write quality,
entertaining, informative content for our site...
And, we can easily find a drop shipping
supplier for our product sales...
Hocus Pocus... I think we have a
winner!
So, why don't we raise the curtain and unveil the
name of our new site...