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Electronic commerce, commonly known as eCommerce, has transformed the way people buy and sell goods and services across the world. By using ...

Thursday, January 27, 2022

How to Turn Your Blog into a Profitable Business

Scarlet mug of coffee and a pen on top of a white notepad with the inscription "How to Make Money Blogging".
To turn your blog into a profitable business, all you need is strategic planning and a bit of tenacity, if you want to get things right. Part of that planning should be how you can consistently provide good content to attract readers and to grow your audience. Even if your aim is to make blogging your full-time job, you cannot afford to ignore these basics in your strategic planning. The blogosphere may be currently housing over 600 million blogs on the internet and with less than 10% of them profitable, that’s OK.  You can make your own blog profitable if you do the right things in the right way. It may not be easy though but it is an absolute possibility. 



These here tips will show you how to turn your blog into a full-time profitable business if you diligently and consistently do what they suggest.

Establish a Content Strategy

In content marketing in which blogging is a foremost tool, content is king. First step is to build a content strategy based on user intent. If you are able to build a content strategy based on user intent, you'll be telling both searchers and search engines particularly Google that you care about providing value for readers on the internet. This is because getting more eyes on your content is hugely important and pivotal to creating a profitable blogging business. With time, if you consistently share highly valuable content with readers, it helps you to position yourself as an industry expert. Not only does this help build your reputation as a thought leader, but it also fosters trust with your target audience. The more people read and share your content, the more profitable your blog becomes.

Ensure Your Business is Legally Registered

Before you can turn a profit with your blogging business, there’s a need to make sure it's legal first. This is one legal way to ensure the protection of your content as a valuable intellectual property. Depending on which country you’re blogging from, be sure to comply with local laws and internet protocols/regulations in your blogging activities.

Create Strategic Workflows

All businesses thrive on efficient processes and consistency. Your business blog is no exception. If you create workable strategic workflows, they will help to support your business every day of the week to ensure consistency and efficiency. To do this, you can sit down to design a series of steps to follow diligently for every part of your business every day of the week. That helps to establish very clear processes anyone can easily follow in a predictable and imitable manner to ensure a timely and consistent publishing of your content to the benefit of your readers. Profitability derives from this consistency and reliability in the long term.

Establish an Affiliate Marketing Strategy on Your Blog

Yes, you need affiliate marketing on your blog if you want to make it profitable. This is because affiliate marketing is one of the most common ways to earn money blogging. It is simple to operate and to earn income. It simply entails promoting other peoples’ products/services by way of affiliate links on your blog and you earn commissions for sales made through these links. Anytime your blog readers click on the links you embed in your affiliate marketing articles and make a purchase, you get paid a commission by the product merchant as per agreed terms. Simple isn’t it?

Weave Your Products/Services into Your Content

Besides affiliate marketing, you can also integrate your own products/services offers into your blogging strategy. There is practically no limit to what you can do when it comes to how you weave in products/services in your blog content. You have a lot of room to maneuver when it comes to matters of promoting your own products/services through your blog content. Part of your marketing strategy then should be by deliberate planning to map out how your products/services will integrate into your content strategy. Through this strategy, you can sell outsourced products, you can dropship products, you can buy products wholesale and sell as retail, you can promote slash in prices and even new products in your inventory, you can sell digital products like eBooks, software apps, and online courses and lots more. All these activities help to generate unlimited income through your blog.



Take Advantage of Collaborations

Collaborations, guest posting, and running ads are three methods that can help to boost your blog profits if well handled. The main aim is to make your online presence strong enough to attract attention. Collaborations, guest posting and running ads help this process significantly. All of these options can help boost revenues for your business in very unique ways. Collaborating with successful brands helps you to build important business relationships and expand your audience reach. Guest posting helps you to build a reputation as an industry expert/thought leader and quality backlinks to your blog. This eventually raises your site's authority score with search engines particularly Google. Running ads if professionally handled can help put your blog in front of more people in a shorter span of time.

Be Serious with Cyber Security

With cyber crimes on the increase, you cannot afford not to secure your blogging business. Losing your blog content can be quite frustrating and awful. In extreme cases, your blog content can be wiped clean due to a cyber-security flare-up. If that happens, starting a new blog from the scratch is no mean fit considering the time and efforts you’ve invested on your blog to make it a profitable business. To avoid frustration and to continue on the path of profitability for your blog, it is essential to take cyber-security seriously. For effectiveness, your blog security should be all embracing. Ranging from providing users access to your blog to running virus protection software on it, you can take several measures to protect your blog from cyber-security threats. Experts recommend the use of 3-step verification for access, free access through VPNs, virus protection software installed and updated regularly and securing the services of a cyber-security expert to routinely conduct a health exam on your equipment, website, and all the online portals you use for your blogging business. Hopefully, all these can help to protect your blogging business and keep it on the path of profitability at all times.

Sunday, January 23, 2022

6 Useful Tips to Run Your Small Business Profitably Online

Small business owner sign on  green billboard.
Do you run a small business online? Great if you do. The pandemic restrictions have forced many more people to take their businesses online. So, you are not alone. But, are you satisfied with the way things are with the business? Are you running it to your satisfaction? If not, there are some useful tips to help make your business successful if only you’ll pay the right attention. Running your own small business online can be hugely challenging, but it's not impossible. What you really need to do is to put in the necessary time and effort to get the right results. No matter how good your strategy is, make sure to have a backup plan in case something goes wrong. You’ve got to be able to stay adaptable to the situation at hand at all times. So, no matter how challenging running your own small business online becomes, you can still get very good results if you pay good attention to these here tips.



1. Update Your Website Regularly

If you are running your own small business online, your website is your business window to the world on the internet. This makes it hugely important for you to keep your website well optimized and up-to-date at all times. To attract more customers, make sure that you're offering new products/services as a matter of routine. Your website attracts leads and eventual customers if people who come to it find solutions to their problems. More and more people will return to your website if they find it informative and easy to navigate. Such people are more likely to do business with you if they always find what they are looking for on your website. The reason your website must always be up to date with information about the products/services you are offering.
 
2. Use Affiliate Marketing to Boost Income

You can boost your income with affiliate marketing right out of your business website. All you need do is simply to promote affiliate links from other product merchants on your website. Once a sale is made through these links, you earn a commission. Affiliate marketing is thus one of the best ways for small businesses to make extra income online. It is quite simple to set up and implement right out of your business website. All you need do is to try and locate other small businesses whose products/services complement yours and you agree to promote their links on your website. You earn commissions from their sales for referring customers over to their websites.
 
3. Engage a Virtual Receptionist

To free yourself from mundane and routine tasks like phone calls on your website you need the services of a virtual receptionist. That helps you to cut back on costs and save time for more important tasks of managing your business. You can simply scout around to get a service that acts as virtual receptionists to handle routine tasks for you. A good virtual receptionist is someone who's willing to work on their own time and handle tasks like answering phone calls as if they were your personal receptionist. With this service in place, you can cut down on your expenses and still be able give your customers all the service they deserve in a more efficient manner.



4. Take Marketing Advantage of Social Media

Most digital marketers now realize that social media is one great marketing tool no small business can afford to ignore. On social media, small business owners can interact and hear directly from their customers and learn first-hand what they want. You can share your own content directly with them to meet their needs. This stimulates the much needed interaction with your customers and potential customers to boost your sales. To reach a very wide and easily segmented audience, you need to have accounts on the most popular social media sites like LinkedIn, Twitter, Pinterest, Facebook, Instagram and the likes. These sites have around 2 billion active users and that’s one very huge market out there if you ask me. Small business owners can thus take full advantage of this huge popularity to reach a wider audience, market to and engage more customers and prospective customers effectively on social media.

5. Be Prepared to Make Necessary Sacrifices

If you want to succeed in running a small business online, be ready to put in the work needed and to make the necessary sacrifices to earn success. You must be proactive and be ready to devote the required time and effort to surmount any roadblocks that may stand between your small business and success. You must for instance be ready forgo other activities to have enough time and attention to handle your phone calls, attend to customers, market the business on social media sites, and deliver your products to customers and such suchlike business activities. Even if these activities tend to disrupt your kind of lifestyle, the sacrifice is worth it to grow your business. However, it is important to always have a backup plan in case things don’t pan out according to your plans. This is to avoid frustration which can drive you off the business altogether. The reason you must always be willing to adapt to any situation at hand to keep the business going. If it becomes inevitable that something untoward happens in the business, you can quickly make changes to remain on course.

6. Be Ready to Put in Quality Work

At the outset, you need to really work hard to successfully run your own small business online. That’s when you’ve got to roll up your sleeves, work hard and keep your eyes firmly on your goals. Sometimes, things could really be tough going though. You don’t quit even if that happens. You can simply adapt and keep going forward with your eyes firmly on your end goals. Experience has shown that small business owners that are willing and able to put in the adequate time and efforts needed to succeed in their businesses tend to succeed better in the short and long term.