Ready to Ditch the 9-5 Grind? Start an Online Business!

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Welcome to RISE WEEK 2012 Ready to Ditch the 9-5 Grind? Start an Online Business! Hosted by Volusion®

description

Did you miss our RISE Austin session? Check out this PowerPoint to learn more about starting an online business. This presentation will give you everything you need to build, manage and grow a successful online store, including: how to pick the right solution, how to design a beautiful website and how to market your store to millions. Check this out to get one step closer to being your own boss!

Transcript of Ready to Ditch the 9-5 Grind? Start an Online Business!

Page 1: Ready to Ditch the 9-5 Grind? Start an Online Business!

Welcome to

RISE WEEK 2012

Ready to Ditch the 9-5 Grind? Start an Online Business!

Hosted by

Volusion®

Page 2: Ready to Ditch the 9-5 Grind? Start an Online Business!

Is the 9-5 Grind Not for You?

Start Your Own Online Business!

Presented by Megan Harron

Megan

Harron Sales Engineer

Page 3: Ready to Ditch the 9-5 Grind? Start an Online Business!

Pleased to meet you.

Megan Harron Sales Engineer, Volusion

• Ecommerce Software Expert

• Helped over 600 entrepreneurs set

up their online stores

• Favorite Ecommerce Tool: Auto

Responder emails

volusion.com

Page 4: Ready to Ditch the 9-5 Grind? Start an Online Business!

volusion.com

• Ecommerce Leader with 35,000+

customers and 250+ employees

• Founded in 1999

• Has 24/7 Austin, Texas based tech

support

Page 5: Ready to Ditch the 9-5 Grind? Start an Online Business!

What is Ecommerce? • Selling products or services through an

online store.

volusion.com

Page 6: Ready to Ditch the 9-5 Grind? Start an Online Business!

Why is Ecommerce Important? US Ecommerce projected to be a $279 Billion industry

by 2015 (Forrester)

61% of shoppers begin their research for purchases

online (Website Magazine)

By 2014, 53% of total retail sales (online and offline) will

be affected by the Web (Forrester)

84% of consumers said they were more likely to check

online for reviews prior to making a purchase compared

to twelve months ago (Retail Bulletin)

$279B

61%

53%

84%

volusion.com

Page 7: Ready to Ditch the 9-5 Grind? Start an Online Business!

Why Ecommerce?

• Costs a lot less than a brick and mortar

business

• Software makes it easy for anyone to build

a site

• Integrations to credit card processors

• Integrations to shipping carriers

• Less time building, more time marketing

and selling

volusion.com

Page 8: Ready to Ditch the 9-5 Grind? Start an Online Business!

Today’s Agenda • Products – What will you sell?

• Domain Name – What’s in a name?

• Ecommerce Software – How do you choose?

• Credit Card Processer – How will you get paid?

• SSL – How secure is your site?

• Legal – Is that allowed?

• Accounting – How much do I owe the IRS?

• Design – What’s the user experience?

• Marketing – Who will see it?

• Budget – How much should I spend?

• Plan – What’s the plan, Stan?

volusion.com

Page 9: Ready to Ditch the 9-5 Grind? Start an Online Business!

What will you sell?

• Sell something you are interested in.

• Find a supplier that will store and ship items for you.

• Most Ecommerce software can help you set up Auto Drop Shipping.

volusion.com

Page 10: Ready to Ditch the 9-5 Grind? Start an Online Business!

What’s in a name?

• When selecting a domain name, keep it simple and easy to read.

Good

www.petplace.com

www.petland.com

Bad

www.bestpetclothingandsupply.com

www.dogcatbirdandhorseshop.com

volusion.com

Page 11: Ready to Ditch the 9-5 Grind? Start an Online Business!

Ecommerce Software

• Hosted – Information stored on a Server

– SAAS (Software As A Service)

– Cloud Software

11

• Licensed – Information and Software

stored on a Computer

• Pay for updates

• Archaic

volusion.com

Page 12: Ready to Ditch the 9-5 Grind? Start an Online Business!

How do I Choose? Two types of Hosted Ecommerce Software

Open Source Closed Source

• Server not Included • Server Hosting Included

• Less Support • More Support

• Can Edit the Software • Cannot Edit the Software

• Costs More • Costs Less

• Not as Secure • Security Usually Included

(PCI Certification)

• Often Requires a Developer • Easier to use, no

Developer Needed

volusion.com

Page 13: Ready to Ditch the 9-5 Grind? Start an Online Business!

How do I get paid?

• Use Pay Pal and

Google Checkout at a

minimum

• Merchant Service –

Accept Major Credit

Cards

• Get a Business Bank

Account

volusion.com

Page 14: Ready to Ditch the 9-5 Grind? Start an Online Business!

How do I make my site secure?

• SSL Certificates Protect clients’ credit card information as it travels from the online store to the Merchant Account.

Customer’s Credit Card Information

travels to the merchant service

Funds Transfer to the store owner’s

bank account

volusion.com

Page 15: Ready to Ditch the 9-5 Grind? Start an Online Business!

Is that Legal? • Consult a lawyer to find out what you need

to do to set up your business.

• LLC

• Copyright

• Privacy Policy

• Terms and Conditions

volusion.com

Page 16: Ready to Ditch the 9-5 Grind? Start an Online Business!

How Much do I owe the IRS?

• Consult with an Accountant or Accounting

Firm to make sure your costs are covered

• Sales Tax that you will charge your shoppers

• Taxes you pay as a self-employed business

owner

volusion.com

Page 17: Ready to Ditch the 9-5 Grind? Start an Online Business!

How will it look?

VS

Focus on great design - How many times have you left

a site because it seems unprofessional?

volusion.com

Page 18: Ready to Ditch the 9-5 Grind? Start an Online Business!

How will people find out

about your store?

• What is the point of having a site if no one goes

to it?

– SEO – Search Engine Optimization

– PPC – Pay Per Click Campaigns

– Shopping Feeds

– Facebook Advertising

volusion.com

Page 19: Ready to Ditch the 9-5 Grind? Start an Online Business!

Budget

0

20

40

60

80

100

120

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month10

Month11

Month12

Perc

en

t o

f B

ud

get

Ecommerce Budget

Investment

Marketing

Design

Ecommerce

volusion.com

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What’s Next?

• Who will build the site?

• Where will you get help?

– Are manuals good for you?

– Do you work better asking

someone questions?

• How will you ship the

products?

• What is your return policy?

volusion.com

Page 21: Ready to Ditch the 9-5 Grind? Start an Online Business!

Don’t Give Up!

• Take your time to do this

right.

• Always ask for help

• Network

• Tell everyone about your

business

• People are more likely to

buy from someone they

know

• Referrals are huge

volusion.com

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Connect with Volusion

facebook.com/volusion

Linkedin.com/companies/volusion

@volusion

Onlinebusiness.volusion.com

Youtube.com/volusion

volusion.com

Page 23: Ready to Ditch the 9-5 Grind? Start an Online Business!

Thanks for listening.

I’m ready for your questions! Megan

Harron Sales Engineer