All businesses that succeed whether online, retail, etc. all have to follow the rules of business:

5 RULES OF CREATING A SUCCESSFUL ONLINE BUSINESS

  • Do you have a product/ service the marketplace view as valuable?
  • Are they willing to pay the price you are requesting? Is this margin attractive to you?
  • Why will customers choose your offering over the competition? You need to differentiate yourself. Why YOU?
  • Who is your target customer and how are you going to reach them with your marketing?
  • Can you staff a company that can deliver on not only the product/ services you offer but exceptional customer service?

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