Start Niche dating sites growing

Niche dating sites growing

"But with no 'shop window' through which to promote yourself, how are potential customers going to find you?

If you've ever had an idea for a product or service that you think could net you a fortune, you may well have considered setting up an internet business with the aim of sitting back and watching the money roll in.

After all, in 2006, consumers spent £30.2bn on online goods and services, according to IMRG, the industry body for global e-retailing.

"Fulfil every order as fast as you possibly can," he adds.

Websites should be easy to navigate so users don't get frustrated and leave without making a purchase.

Over the past 10 years, the growth of the internet has resulted in the high-profile successes of many internet-related businesses.

Just a few weeks ago, for example, price comparison service became the second-biggest internet float in the world since the implosion, after that industry behemoth, Google.

"SEO isn't that important if you have spent money effectively on online ads.

A lot of people try to get to the top of search engines – and there can only be one."Customer transactions Make it fast and easy for customers to order, as a site with a difficult sales process is likely to lose customers, says James.

Ask them what they want from you and react to what they tell you."Start small and have patience Don't give up your day job too soon, as it will take time for your internet venture to grow – and in the meantime there may not be much incoming revenue.

As a budding online entrepreneur, you'll need lots of energy, enthusiasm, determination and passion; but you also need to be realistic. "While many businesses are launched, few make a profit, and most will never see a return on investment.

The internet has certainly revolutionized the way we live our lives, and offers a place where individuals can compete with global organisations. Your business plan The starting point for any new venture is to create a business plan, says Tony Cohen, the head of entrepreneurial business at Deloitte."You need to know your target market, know your competition, attract funding, secure good resources, build consumer loyalty – especially blogger coverage – and forge alliances with strategic partners," he says.