Business & Commerce,Business Startup,Entrepreneurship,Online Businesses

How to Set Up an Internet Business (Real Examples)19 Feb

Example 1

Paul Lamb

People who are sceptical about setting up a new business are worried about the risks involved. The first thing that comes to their mind is: ‘how much money do I need to invest?’ To set up an online business you don’t need millions or thousands of pounds, a few hundred will do.

Paul Lamb, a young entrepreneur, who isn’t computer savvy set up an internet business that sells household products for families. His start-up cost was less than £300, as he used mostly online tools that are freely available to everybody.

Paul used Google’s free website creator to host and design his site. He set up blogs and social media to promote his business. He even integrated free telephone system using VOIP. He sourced all the delivery and shipping of items through a third party vendor for a small fee. He regularly updates his website with new content that he writes and sends out newsletters to a database of potential customers to increase conversion rates.

The secret to his success can be attributed to passionately surfing… Read More