Launch Your First Website for Profit: Step by Step

Have you ever thought about starting an online business? What are the pros and cons of a web-based business? You can make money online, but definitely requires a bit of thought and a lot of hard word.

Running a Website for Profit: Why or Why Not? Running a website can be a nice sideline, but if you need to increase income fast, it may not be the best option for you.

Pros:

You can launch a basic website on a shoestring
You can earn extra income from home, if you have child-care or elder-care responsibilities.
It’s lots of fun and you’ll increase your skill level exponentially by taking on this job.
You can potentially develop a passive revenue stream, after initial setup.
Cons:

Just like any new business, starting a web business takes and enormous amount of time and effort! It will mean time away from your kids, your job, your relationships, and from any other income opportunities. Consider carefully what you are able to give to it.
Income opportunities are probably unlimited online – but, like any new business (again), most people do NOT make very much money running an online website, especially in the first year or two. There’s no guarantee you will be able to make a generous living right away.
Again like any other business, you have to provide something people want: information, a service, a product. Think carefully about what your product might be. Web-based business is especially popular for “info” products like e-books, videos, and information packages, as well as services that can be provided online.
With that said, if you’re in a down-time, launching a website can be a great way to keep yourself busy, keep your skills sharp, and hopefully make a sideline income. Carefully consider your circumstances.

What Service or Product Will You Offer? A web business is, of course, a business — so you need to offer a product (through eBay, Amazon, or Etsy) or service that others want to pay for.

You can also provide free information that people want to look at, and then post ads to other sites, through a site like Google AdSense. Alternately, select an “affiliate site” like these, to promote certain products or books:

AdAngler.com, Clickbank.com, CommissionJunction.com, Amazon.com

You’ll also need to get an account at PayPal.com, since most of these other companies do their financial transactions through PayPal.

Buy a Domain and Hosting Plan Here’s a super-simple list to get you started on your very first web site for profit.

Link to low-cost web host like HostGator.com
Select “View Webhosting Plans”
Drop down to view one of two options to build your site: HostGator Control Panel, or Easy Website Builder
Select a username, PIN and enter your billing information for the plan you selected.
List Management Service

Another strategy is to provide free information on your website in a blog, and invite people to sign on to your update list for information and purchase options. You can also provide a free e-book or video, and request email permission to send the item, as well as sending other offers as they come available. This is called building a sales list, and you need to do it legally and carefully, insuring you have permission before sending out offer.

With that said, once you do have people’s permission to email offers, you can make an income providing carefully selected product options to your list.